I joined 4xp through their Indian representative at Bangalore- CMO AXIS. After intial deposits, I deposited funds a few more times and they were gladly accepted by 4xp and trading was allowed. Thereafter I deposited 1000$ and the same was accepted and trading was allowed. Suddenly my account was disabled by their Indian representative and I was asked to produce documents for payment. I forwarded it. They wanted earlier doucments/. I said that I was not informed on this issue by CMO AXIS and they could contact their Headquarters office since they had accepted the payment and allowed me to trade. None of this worked out. I ultimately decided to close my account and sent the withdrawal. Now, after 20 days, after 5 reminders, local CMO AXIS is demanding my proof for earlier payments which were traded already!
If they wanted to disable my account they should have done it when it came to NIL balance. Not after funding my account with 1000$!
My emails to 4xp is no avail. there is no response or there are any direct chat available. Local representatives are not accessible and my money is locked with the account. All my friends, who wanted to join 4xp have second thoughts and have decided not to open any account.
Is this the way to run a company? Are there no ethics and no control over branch offices who spoil reputation by their lackadaisical approach?
I am sorry to have ever joined 4xp for trading! If any reader wants to join forex trading, he should first
know his enemies (like 4xp and CMO AXIS (4xp India)). You are likely to lose deposited money even without trading! I have documented proof for the callous attitude and intentional fraud.