It is not at all a reliable trading platform.Initially, I was asked to open an account with a deposit of $250 on 5th Dec 2024. Then someone called and helped me open few trades. Then he made me deposit of $1250 for some trade and made a little profit which I was not allowed to take out( due to some internal policy). Then he asked me to deposit $1000x2 for upgradation of the account from classic to silver so that no swaps are charged. But they did not upgrade my account instantly and kept asking me to trade upto $8000 without putting any stop loss inspite of my constant requests.
I had little knowledge of the stock market and he exploited this information. He stated that he will call me within 1 hr of placing the trade but I did not receive any call and lost all of my money. He then asked me to deposit $11345 more so that I can withdraw all my money. They asked me to deposit more money to increase my margin so that my account gets freed up as it was, in his words "held by finance". Moreover they tried to scare me by saying that my complete account will get closed with net 0, I again deposited $10500 Inspite of my repeated requests to invest my money in long term, I took personal loans from various banks on high Rate with Total amount of $36144. He made me assured that he would help me getting profit of same amount which I need to pay to bank as EMI by 3rd Jan 2024. But on 2nd Jan 2024… my amount was getting into negative constantly and when I asked, he said it is because of WAR in Red Sea.. He kept asking me to add more money to make margin even if I need to sell my home.. but when I denied to add more amount.. they turned my account into $0/- with in a month. After contacting support with the issue, they answered that my account manager would contact me. Not only did they not reply to my issue also account manager was only interested in me depositing more. Not recommended!! 𝐒𝐄𝐄𝐊𝐑𝐀 𝐈𝐋.𝐂 𝐎𝐌 saved me and recovered my money from them.
6 months ago
XTRADER365 has a
1.7
average rating
from
310
reviews
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