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David B.

Contributor Level

Total Points
80

1 Review by David

  • Ultimate Fx Crypto Trading

9/22/23

I had a highly unsatisfactory experience with Ultimate Fx Crypto Trading. My time trading with them was marked by a series of issues that left me deeply disappointed and frustrated.

First and foremost, their withdrawal process was excessively complicated and frustratingly slow. To withdraw my own funds, I had to repeatedly submit my bank account statements, which felt like an unnecessary and time-consuming ordeal. It was perplexing that they didn't question the source of my income when I deposited funds, but they raised concerns when I wanted to withdraw my money. This inconsistency raised significant red flags for me.

What pushed me over the edge was their sudden and unexplained decision to increase the stop-out level from 50% to 70%. When I questioned this abrupt change, they simply directed me to their terms and conditions, which felt like a way to avoid providing a valid explanation. This left me feeling trapped and insecure about my investments, as they could potentially raise the stop-out level to 100% at any time, effectively wiping out my account, which unfortunately happened to me. The involvement of an asset recovery agency named Ecoban Securities. Io was the turning point that provided me with a glimmer of hope, and they have been successful in aiding my recovery efforts.

In light of these issues and the overall lack of transparency and customer-centricity, I strongly advise anyone considering trading with Ultimate Fx Crypto Trading to think twice. Based on my experience, I believe that entrusting your money with this firm is a risky endeavor that may very well result in significant financial losses. Proceed with caution and explore other, more reputable options in the cryptocurrency trading space.

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