have the regular funds freezing, almost impossible to withdraw funds scenario and stealing account balances- but on top of that there is allegation of forgery! All trades were also subsequently cancelled and profits were also wiped out.
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Trade-24 put up on their website that it was operating under a license from ifsc. InstaForex InstaForex is a big name in the world of Forex trading so it is difficult to call it a scam outright. There are 3 Traders Court Guilty Verdicts on FPA and you are suggested to withdraw any funds from the platform. Requests of withdrawals are also not entertained by the company. People have even lost as much as 160,000 on the platform. But it has also given rise to hundred of illegal and fraud companies who only want to rob your money. The company adopts some common tactics to cheat its traders. NoaFX suffers from the same problems like the others in our list. The French Autorité des Marchés Financiers (AMF) also called it an unauthorized Forex brokerInstaForex is not licensed under Belize ifsc anymore and it is said that they were kicked out. Tradorax has some serious complaints against it- the broker received 4 guilty votes in the FPA Traders Court which has led FPA to declare it a scam. Forex Fraud has been able to get in touch with Trade-24 who promised to resolve the matters.
The, zimbabwean dollar (sign:, or Z to distinguish it from other dollar-denominated currencies) was the official currency of Zimbabwe from 1980.
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