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Report: #1422813

Complaint Review: Stratx Markets - Majuro Atoll

  • Submitted:
  • Updated:
  • Reported By: John — London England United Kingdom
  • Author Confirmed What's this?
  • Why?
  • Stratx Markets Ajeltake Raod Majuro Atoll Marshall Islands

Stratx Markets Closed account lost all funds - scam Majuro Atoll

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Only realised this was a scam too late.  Started with small amount £2,000 and was persuaded to put more & more in.  Account did go up and down but slowly increased and trading platform seemed genuine - more fool me you say

Had a trading bonus which is whys I was persuaded to increase deposits to do bigger trades and satisfied bonus requirements end November 2017.  Still denied withrawals then which is when I got more suspicious.  Alway an excuse like open trades, which wouldn't have affected withdrawal asked for anyway.

2 days before Xmas weekend they started unauthorised trades losing money, though still a healthy profit end December.  Then Jan 2nd 2018 email to say they were withdrawing from UK operations (upcoming FCA regulation I guess), and would return account balances.  Mine was suddenly ZERO, but was locked out of my account. and no response to any communication. Seem to have lost a small fortune, will look at legal redress

People I dealt with at Stratx Markets

Tom Joseph - Trader

Lawrence Hall - Trader

James Davenport - Trader

Steven Travis - Customer Relations

Philip Maxwell - Compliance

Richard Fox - CEO, sent final email but had not replied to previous ones from me.

This report was posted on Ripoff Report on 01/13/2018 10:41 AM and is a permanent record located here: https://www.ripoffreport.com/reports/stratx-markets/majuro-atoll-mh96960/stratx-markets-closed-account-lost-all-funds-scam-majuro-atoll-1422813. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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