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Report: #1408164

Complaint Review: FX Primus - Internet

  • Submitted:
  • Updated:
  • Reported By: Mr T — Brighton Alabama United Kingdom
  • Author Confirmed What's this?
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  • FX Primus Internet USA

FX Primus Shady Broker Who Tells Lies - Do Not Deal With This Company Cyprus Internet

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Do not deal with these shady liars. I opened an account with FX Primus and within a couple of days worked out that they had re assigned my account away from their regulated entity to a non regulated side of the business in Vuanuatu. I asked them why they had done this and got no satisfactory answer. 

I then noticed that they would abuse my account with massive slippage on market orders and the manipulation of spreads. Basically working against me. Then you notice that they wont let you out of the market on profitable trades and your exit orders are constantly rejected eating away at your profits. 

When you call in to complain you get part way through a conversation and they cut you off, they dont answer e mails and they stonewall. Basically this company sign you up to their regulated side, switch you to their unregulated side and once the protective sheild is down, they try to screw you. 

Then comes the - trying to get your money out of this scam company and the pathetic excuses they give you. After three days of messing me around I called the Cyprus regulator and complained, called FX Primus back with the name of the person I had spoken to there and hey presto, my funds were sent back to me that afternon. 

Basically Cyprus is a nest of rats, dont ever deal with a broker there. 

 

This report was posted on Ripoff Report on 10/24/2017 02:06 AM and is a permanent record located here: https://www.ripoffreport.com/reports/fx-primus/internet/fx-primus-shady-broker-who-tells-lies-do-not-deal-with-this-company-cyprus-internet-1408164. 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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