BazaarFX Scam Claims Pile Up: Traders Share Their Reviews

BazaarFX has been labelled a scammer by forex traders for the numerous trading flaws they have encountered so far. Whether it is about withholding traders profits, trade manipulation causing losses or the lack of customer support service, BazaarFX is accused of all these and more. Many traders have openly called out the forex broker on several review platforms for its investment scams. We will share some of their reviews in this article. Read on to find out what they have said about this broker.

The Growing List of Complaints Against BazaarFX

Traders Report Losses as Trade Manipulation is on a Rampage

Trade manipulation with a view to defrauding traders is extreme at BazaarFX. As a result, traders cannot gain from their forex trading activities. All they witness is losses. A trader has complained about the awful trading practice adopted by the broker through this review. Take a look!

Traders Distraught Over Poor Trading Services

BazaarFX has frustrated traders with poor services, causing many of them to move out to other brokers in search of improved services. One such trader has expressed disappointment over poor services through this review.

Fund Recovery Through a Specialist Agency

Sounds strange, but it is true! A trader went through a horrible trading experience at BazaarFX and had to seek help from a fund recovery firm. Thankfully, the trader was able to recover the stuck funds. However, that only proves that the brokerage firm is not complying with investor-friendly regulations. Check the screenshot below to know about this matter.

Wreaking Havoc Among South Asian Traders

Yes, many South Asian traders have complained about unethical trading practices employed by BazaarFX. Some point out that profit withdrawal is possible initially only. As days go by, the company blocks fund withdrawal access for traders. Likewise, others have outrightly called it a ‘scammer’. There are multiple screenshots written predominantly in ‘Hinglish’. However, the screenshots shared below convey sheer scams at BazaarFX as mentioned above. Have a look at them.

Is BazaarFX an Unregulated Forex Broker?

This is a valid question in the context of numerous scam complaints against BazaarFX. As the WikiFX team started its investigation, it found the broker to be unlicensed. This ultimately is alarming for traders seeking to invest through this broker. Stay out of it for your own good. The score for BazaarFX is understandably lower at 1.36 out of 10.

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