The Real KontoFX Review
Is KontoFX a scam Forex broker?
This KontoFX review will address exactly that. We’ll let you know if KontoFX has been confirmed a scam or if they are a legitimate Forex trading platform. This KontoFX review will help you understand why this is the case and what your plan of action should be if they are a scam and you are currently trading with them. Find out more information on what possibilities there are of recovering your money. Find out now
Forex Scam Website Address: http://kontofx.com/ (Site is down) UProFX.com
This company is also known as KontoFX, Konto Trading, KontoFX Crypto, KontoFXTrades. Uprofx.
KontoFX is UProFX. Don’t be mistaken, UPROFX is KontoFX, they are the same scammers.
Is KontoFX a regulated broker?
No, despite any claims that representatives of KontoFX have made or any language on their website, KontoFX has no recognized certificate from any legitimate regulatory body. Not from a government body or from a recognized private organization.
The information on the KontoFX website has been confirmed false.
KontoFX’s Trustpilot Review Page
How do we know for sure if KontoFX is a full blown scam?
Scamnewschannel.com relies on the expertise of its experienced professionals who verify their reporting information using time-tested tools and sources. For the Scam News Channel the criteria for identifying a scam and why KontoFX has been confirmed as a scam extends further than just fitting the description.
Recover Your Money or at least do everything possible to try to
Any person who has investment or traded with KontoFX is highly encouraged to make attempts in any way possible to withdraw their money from KontoFX or any account that KontoFX has encouraged you to deposit into. If your funds were deposited using Bitcoin or cryptocurrency you are advised to read the following instructions and to contact us right away.
I’m still trading with them!!!
If you are at present still in contact with this company and have already made attempts to withdraw your funds but you have done so unsuccessfully, you should be forewarned that any offers from this Forex scam that are accompanied with requirements to pay for your withdrawal are simply KontoFX trying to scam you further for more of your money.
We advise you to contact us immediately to find out if there are options to recover your money.
Know Your Rights and Fight Back
The Scam News Channel was founded to fight online scams, Forex scams, CFD scams, binary options, Bitcoin scams and many others. We are here to offer our assistance to individuals who have been victimized by any sort of Forex scam or others. New trading scams are occuring every day and should be treated very seriously. As we’ve mentioned if you have already deposited funds with the company in question, you should immediately report it. Once you have filed a complaint, we will do our best to reach out to you as soon as possible. Please allow up to 10 business days to receive a response. If you or someone you know has been victimized by a scam that is not listed on our “Updated scam list” or anywhere on our site, please let us know the details so that we may report on it and organize resources and avenues to provide for those who require.
KontoFX was previously placed on the scam watch list and has been confirmed as a forex scam broker. It is highly recommended not to engage in contact or any type of business with this company. Below is a list of situations that generally accompany an online fraud, if any of the below sounds familiar, we advise not proceeding in any further transactions with this trading platform.
Clear signs of a trading or Bitcoin scam:
-The platform has placed large amounts of pressure on you to place trades
-The trading platform has pressured you to make deposits (money or Bitcoin) into an account and seems to continue to push you to deposit more money into your account almost every time you speak with the broker
-After having lost a large amount of money the broker continues to pressure you to keep trading and depositing more money
-You’ve lost a large amount of money and the broker or rep has been fired or so they’ve told you
-The broker has taken money out of your bank account or crypto wallet without permission
-The broker has charged your credit card without permission
– The broker has frozen your account on their platform
-The broker has removed all of your access to your trading account
-Without any explainable reason you are suddenly unable to log into your account
-You’ve noticed that money or cryptocurrency has been taken out of your account or Bitcoin wallet
-The platform representative is all of a sudden not answering or taking your phone calls
-The trading platforms website is suddenly not accessible or has gone down
-The Forex scam representatives have been contacting you from different phone numbers
-The Forex scam is encouraging you to take money to trade with (bonus)
-The broker is constantly asking you to put in more money even if you’ve told them that you can’t or shouldn’t
-The broker has offered to put more money into your account after a loss
-The broker has multiple online negative reviews and when you bring this up to them, they have a way to explain it away.
-The Forex company has no online reviews
-The Forex company has no web presence or very little web presence
-The online reviews are consistently negative reviews followed by positive reviews that were left the same day or the next.
Scamnewschannel.com
Scamnewschannel.com is owned by the Scam News Channel group and is one of the few online resources where victims can report new scams and ongoing scams to have the information reported for the sake of preventing further victimization. The Scam News Channel also goes to great lengths to provide honest answers to the number one question of scam victims; “Can I get my money back?”
Getting Your Money Back
Unfortunately in many circumstances the answer may be no. This however is not true across the board as there are many situations where scam victims can recover their lost money. This however is a darkened reality as the dangers of victims being re-scammed by fake recovery companies and scammer individuals lurking through the web are many, very many. We do our best and will continue to do our best to let you know if your case is recoverable or not, and if it’s not we’ll tell you.
UPFRONT FEES ARE SCAMS (PARTICULARLY WHEN IT COMES TO BITCOIN)
Never pay an upfront fee to an individual or company who tell you that they can recover your bitcoin for you. Cryptocurrency or Bitcoin recovery is a very difficult thing and to date there are no statistics showing that a specific method works or that a specific company can recover Bitcoin. We have received reports that Bitcoin was recovered in certain cases but not in a way that has shown to work in more than the specific cases where it was applied. That being said, until we are proven otherwise, anyone guaranteeing or charging money to assist in Bitcoin recovery is likely a scammer.
SCAM NEWS CHANNEL REVIEWS AND HOW YOU CAN HELP
The Scam News Channel also offers reviews on companies that are not scams and regulated companies. Being a crowdsourced website we highly promote critique to our content. If you’ve found anything that we’ve written to be inaccurate or outdated in any way we ask that you let us know right away and to please provide the sources and information that you believe is correct or up to date. Contact Us Today
There is a good chance that you can recover your money from this company. Send us the details of your case and we’ll let you know as soon as possible how you can recover your money and fight back.
I almost killed my self when I found out that I had lost all my life savings to this scam platform.
I really want to give thanks to God for this article.
I was once a victim I lost about $470,000 to scam broker platform and company I almost gave up my life not all thanks to Betty Wallace a financial recovery expert who help me to recover all my lost funds and profit from them if you been a victim before I highly recommend her to you contact her via email on bettywallace140@gmail. Com or whatsapp +12813520297 she honest and trusted and you can also Learn how to ear $1,700 weekly by investing
Thank you for your spam comment. We now have one more name, email and WhatsApp number to add to the list of recovery scams.
I was once a victim of losing my funds to scam brokers until i got help from Mrs Elizabeth who helped me recover back my lost funds and helped me with her masterclass strategy to earn $4,800 weekly . you can reach her on…. elizabethcortes624@gmail.com or Whatsapp her on…. +19852402623
That’s fascinating that you would post a personal email address and email on a public page. It’s as though you’re advertising this persons services. It’s also blatantly obvious that you are a scammer. Thank you for posting that information for people to know about it.
I got a call from a trader for the first time in August 2018. Less than a year later, through a fabricated
process of baiting me with unbelievable profits, and matching my losses, I was in over $185,000. The platform had assigned my personal broker to me, that called me from time to time to tell me about their new offers. And they said he was one of their top brokers, they further told me the broker had made a lot of people so rich.
The broker told me there was an insurance that they get on them, every trade that we do that’s secured and we could never lose money, he will
put in there that it’s an insured secure trade, and they buy the insurance for it.
so i was assured, I won’t lose any money on if we lose. Okay? But the catch is, you have to bring in an additional $25,000 in order to get that secured trade status on your account. I stupidly did this.
Once I hit a certain profit level, I tried to remove money from them. That’s when they denied me being able to take out my own money. They also told me to pay an additional fee to bring out my money.
I was blocked out of my accounts and denied withdrawal even after i contacted them in various ways. Of course
they never told me that up front. So when I heard that, then it was pretty obvious to me that they were running a scam. I was very sad and confused after investing a lot.
Hi Stephanies,
Thank you for sharing your story.
Coins247 options trade is a fraudulent company working on taking peoples money. They tell you to invest as low as 250euros. I invested 13,000 euro and it doubled over a period of 7 months. This looked like all was in order then they stopped trading my investment. I queried and the gentlemen I was communicating with disappeared only to get a call asking me to invest more money. I refused and asked to withdraw my investment. Next my investment disappeared from my account. I then got a call saying I had lost my investment as the market had not been trading well. Head my call you invest with coins247 you will never get your money back be warned. They are crooks thieves and pry on getting people’s money. They even have the audacity to tell me that 56,987.00 euro including my bonus. They need to be closed. I would like to report and open a case against them.
They are scammers, I have been trading with this company since April 2018 they had a different name before they became WiseBanc I dealt with various account managers made some good progress had funds of over $132000.00 but was then given wrong trading advise, lost everything, then started again and last week I had about $28700.00 in my account, tried to withdraw $5000.00 got no reply and can also not log into my account at this stage.
Traders who have been scammed before,my advise out there is for you to be wise before you invest in any binary option trade or broker,i was scammed $120000USD by online broker.