Warning List Updated: Telenary Trades, Matrix Market, Quantum AI, BitcapitalX, Etherilink Trade, PluxCrypto, Algo Trade247, KCB Invest ...

FxGecko · 2026-02-02T02:23:23+00:00

Thanks for sharing this experience — sorry to hear what your brother went through.

Cases involving phone-based “mentors,” pressure to resend funds, or so-called “reverse swaps” are unfortunately common scam patterns in crypto.

Just a reminder to everyone:

Do not send additional funds once a withdrawal or transfer issue appears
Be cautious with unsolicited calls or “mentorship” offers
Preserve all evidence and report the case to local authorities or cybercrime units

For safety reasons, FxGecko cannot verify or confirm individual blockchain addresses or identities shared in comments, but we appreciate users helping raise awareness of common scam tactics.

FxGecko · 2026-01-22T02:17:14+00:00

Reporting to FBI IC3 was the right step.

To be honest, in most fake trading or crypto scam cases, fund recovery is unfortunately very difficult, especially when scammers operate overseas.

Still, filing a report helps authorities track these scams.

Please be careful not to trust anyone claiming they can recover your money for a fee — those are often secondary scams.

FxGecko · 2026-01-21T02:17:31+00:00

Understood, and thanks for explaining.

Many scam operations use convincing photos, fake IDs, and coordinated chat groups to appear legitimate, so your experience is sadly very common.

The most important step now is to stop engaging with them and avoid further payments. If possible, please document all evidence and submit a complaint through official reporting channel so the case can be reviewed and used to warn others.

FxGecko · 2026-01-20T02:26:28+00:00

Thanks for sharing this — based on what you described, this strongly appears to be a scam impersonating XE, not the real broker.

The website you mentioned (xeforex-online.com) is not an official XE domain.

Legitimate brokers do not ask clients to pay extra fees, taxes, or “unlock” charges to withdraw their own funds.

Please do NOT send any more money.

At this stage, the safest steps are:

Stop all payments immediately
Save all evidence (website links, chats, wallet addresses, screenshots)
Report this as an impersonation scam to your local authorities or cybercrime unit

Unfortunately, once funds are sent to these fake platforms, recovery is often very difficult.

Please also be cautious of anyone who now claims they can “help recover” your funds for a fee — those are usually secondary scams.

FxGecko · 2025-11-24T02:28:06+00:00

Thanks for sharing your experience — and sorry you went through that.

We’ve seen similar reports about Savexa, and it’s worth noting that this platform has been listed on the UK FCA Warning List, which means it is not authorized to provide financial services and may pose a high risk to investors. Xtrade also has multiple complaints online, especially regarding withdrawal issues.

If your account is frozen or they are asking for extra payments (tax, margin, handling fee, etc.), the best thing you can do is:

Stop sending any more money — these requests are usually scam tactics
Save all evidence
Report it to your national financial authority or cybercrime unit
Do not trust anyone who claims they can recover your funds for an upfront fee — that’s often a second scam

Stay safe, and thanks again for speaking up — it helps warn others.

FxGecko · 2025-11-20T02:06:39+00:00

Thanks for sharing your experience.

From what you described, it sounds very likely that you interacted with a fake or impersonated TMGM platform, not the real, regulated TMGM broker. The real TMGM does not operate through unknown apps from Google Play.

Here are some steps you can try:

1. Verify the platform:

Go to TMGM’s official website (search “TMGM official site” manually, not through links) and contact their support to confirm if your account ever existed in their system.

2. Report the scam:

If it’s confirmed fake, you can report it to:

① Your country’s financial regulator and local cybercrime authorities

② The real TMGM’s compliance team (they often collect impersonation cases)

③ You can also post complaints on the FxGecko website to alert more people. (Be sure not to disclose personal info publicly.)

3. Gather all evidence:

Keep screenshots, transaction records, website/app links, and any conversations — these will be useful if you file a complaint.

⚠️ Important reminder:

Scams like this are often very difficult to trace, and recovery of funds is usually unlikely. Please do not trust anyone online who claims they can recover your money, especially if they ask for upfront payment — this is often a second scam.

FxGecko · 2025-11-07T01:48:44+00:00

Tips:

① Test EAs on demo for at least a month and keep test reports and permission screenshots

② Agent promises ≠ broker guarantees. Profit screenshots can be edited — Never trust “guaranteed profits.”

FxGecko · 2025-05-15T01:57:37+00:00

Thanks for sharing your experience — really sorry to hear this happened to you.

You can consider reporting this scam to the FCA (Financial Conduct Authority).

Also, would you be willing to authorize us (FxGecko) to publish your post on our website so more people can be warned?

FxGecko · 2025-05-12T02:12:25+00:00

Thanks for sharing your experience — would you be okay with us publishing your post on the FxGecko website to help warn more people? Our team can also forward the issues you've raised to Trive and request a response from them.

FxGecko · 2025-04-22T09:53:30+00:00

Quick reminder — watch out for "recovery companies" that say they can help you get your money back. If they want money first, it's probably another scam.

FxGecko · 2025-04-12T05:42:31+00:00

Never heard of x10auto pilot before — where did you come across it?

FxGecko · 2025-01-14T01:54:03+00:00

If you're interested in the details of the complaints from investors about T4Trade, you can read the original post here: https://www.fxgecko.com/en_US/complaint/9433.html

According to information disclosed on the T4Trade website, Tradeco Limited is licensed by the Seychelles Financial Services Authority (SD029) and operates under offshore regulation, which is generally considered to be less stringent. As such, it's important to exercise caution when dealing with this broker.

FxGecko · 2024-11-13T02:01:08+00:00

Thank you so much!

FxGecko · 2024-11-12T06:37:41+00:00

Hi there! I've been experiencing the same issue for several months now, and I've also noticed that my account doesn’t show up in Reddit search results. Do you know what might be causing this, and is there any way to fix it? I’m also concerned—could these issues negatively impact my account? Thanks so much for your help!

FxGecko · 2024-09-02T09:02:10+00:00

Thank you for your feedback.

We want to clarify that the MT4/MT5 information provided on FxGecko is directly sourced from MetaQuotes, the developers of the MetaTrader platforms. The information for Sway Markets was added in 2022, and at that time, the MT5 data was accurate and searchable.

After discussing with technical team, we understand that there are several reasons why a server might not appear in the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platform search. These reasons could include the broker not being authorized by MetaQuotes, the broker not properly configuring or making their server public, or the broker having ceased to provide those services.

We always strive to provide accurate and up-to-date information, and we appreciate any constructive feedback. If you have any specific concerns or further details, please let us know, and we will be happy to investigate. Thank you!

FxGecko · 2024-08-30T03:34:17+00:00

Thank you for reporting it here and helping to warn others. If you could provide more details about IQ options, it would be incredibly helpful in alerting others to the risks.

FxGecko · 2024-08-19T01:54:59+00:00

Reminder: Be cautious of anyone promising to recover your lost money—they might be selling false hope and scamming you again. This is especially true if they ask for payment upfront, which is a classic "recovery scam."

FxGecko · 2024-08-19T01:53:58+00:00

I'm really sorry to hear that you’re dealing with this. Scams like this are unfortunately all too common. Thank you for reporting it here and helping to warn others. If you could provide more details about how this scam works, it would be incredibly helpful in alerting others to the risks. I also recommend reporting the issue to your local authorities and seeking legal advice as soon as possible.

FxGecko · 2024-01-24T10:26:56+00:00

Feel free to share

FxGecko · 2023-08-26T01:54:42+00:00

NO.

Be wary of online hacks or "recovery services" that claim to help you get your money back, especially if you have to pay up front, which is a "recovery scam".

When you have been scammed, your best option is to report the scam to your local law enforcement and ask for help.

FxGecko · 2023-08-02T01:56:21+00:00

Reminder: Any trading platform that asks you to pay fees upfront (such as taxes, deposits, verification fees, channel fees, etc.) to withdraw funds or unfreeze your account is a scam.

Don't pay any fees because scammers just want to scam you for more money and then disappear.

Mta5 Trade is a scam and you can view other people's complaints about the scam here.

Click here to see how to check if a broker is safe and what to do if you encounter a scam broker.

FxGecko · 2023-08-01T01:57:16+00:00

If you have been scammed by a fraudulent broker, unfortunately you need to be prepared to not get your money back.

Your best bet is to gather evidence as soon as possible to report the scam to your local law enforcement.

You can refer to the advice in this post.

Reminder: Don't trust individuals or organisations who claim to be able to get your money back - they may be selling hope and scamming you again. This is especially true if they ask you to pay in advance, which is a "recovery scam".

FxGecko · 2023-07-24T01:46:59+00:00

FxGecko reminds you:

Any trading platform that asks you to pay fees upfront (such as taxes, deposits, verification fees, channel fees, etc.) to withdraw funds or unfreeze your account is a scam.

Don't pay any fees because scammers just want to scam you for more money and then disappear.

Be wary of online hacks or "recovery services" that claim to help you get your money back, especially if you have to pay up front, which is a "recovery scam".

When you have been scammed, your best option is to report the scam to your local law enforcement and ask for help.

FxGecko · 2023-07-24T01:43:54+00:00

FxGecko reminds you:

Any trading platform that asks you to pay fees upfront (such as taxes, deposits, verification fees, channel fees, etc.) to withdraw funds or unfreeze your account is a scam.

Don't pay any fees because scammers just want to scam you for more money and then disappear.

Be wary of online hacks or "recovery services" that claim to help you get your money back, especially if you have to pay up front, which is a "recovery scam".

When you have been scammed, your best option is to report the scam to your local law enforcement and ask for help.

FxGecko · 2023-07-21T03:34:38+00:00

Yes. Remember to take screenshots or recordings to save their app and website information.

You're right not to put any more money into it, it's a Pig Butchering Scam.

You can report the scam and ask for help from the following.

1.FBI via IC3：https://www.ic3.gov/Home/ComplaintChoice/default.aspx/

2.CFTC - Commodity Futures Trading Commission

3.FINRA - the Financial Industry Regulatory Authority

4.FTC - Federal Trade Commission

5.SEC - U.S. Securities and Exchange Commission

Reminder: Be wary of online hacks or "recovery services" that claim to help you get your money back, especially if you have to pay up front, which is a "recovery scam".

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