How QxBroker “Quotex” Broker Scammed Me: A Step-by-Step Account of My Experience
The online trading world has witnessed significant growth, with numerous platforms claiming to offer lucrative opportunities. One such platform is Quotex “market-qx.pro”, which promises users high profits through easy-to-use tools and a wide range of trading assets. However, my personal experience with Quotex has been far from pleasant. In this article, I’ll share my story about how I was scammed by the platform, with screenshots to prove the fraudulent activities that took place.
1. The Initial Deposit
My journey began with a simple deposit into the Quotex platform. The process seemed straightforward enough, and I was hopeful that I would be able to trade successfully. However, I quickly realized that the platform wasn’t as transparent as it seemed.
- Deposit Amount: I deposited a certain amount (which I will not disclose for privacy reasons).
- Platform’s Claim: Quotex claims that it offers seamless transactions and secure withdrawals, making it an attractive option for novice and experienced traders alike.
2. Trading and Profits
After depositing the amount, I began trading with Quotex, and initially, things seemed promising. I was able to make profits and saw my account balance increase steadily.
- Trade Details:
- Trade ID: e324a7c7-e657-4db1-9305-7d0910fdec20
- Asset Traded: EUR/USD (OTC)
- Opening Quote: 1.17307
- Closing Quote: 1.17308
- Duration: 9 minutes
- Result: Profit of $557.77
I was excited about my success, but little did I know that this was just the beginning of my frustration with the platform.
3. Withdrawal Request and Initial Problems
Once my balance reached $727.77, I decided to withdraw my profits. I submitted a withdrawal request through the platform, but that’s when the first sign of trouble appeared.
- Waiting Period: The withdrawal request was marked as “waiting confirmation” for several hours. According to the platform’s FAQ, withdrawals should take less time, but I was forced to wait for more than 12-18 hours without any updates.
4. Withdrawal Cancellation and Account Blocked
After waiting for a long period, my withdrawal request was suddenly canceled. This left me extremely frustrated, as I had followed all the necessary steps and complied with their withdrawal terms.
- Cancelled Withdrawal: My withdrawal request was canceled, and there was no explanation for this action. The balance of $727.77 remained stuck in my account.
Then, to make matters worse, my account was blocked for reasons unknown.
- Blocked Account: The screenshot of the blocked account shows a warning that access to my account was blocked due to a violation of the platform’s rules, but there were no clear explanations regarding what violations occurred.
5. The Manipulation of Account Balance
After blocking my account, Quotex manipulated my account balance. They reduced my balance to $144.50, claiming that this was the available amount for withdrawal.
- Adjusted Balance: My original balance of $727.77 was reduced to $144.50, and I was given the option to withdraw that small amount. However, the account was still blocked, preventing me from withdrawing it.
6. The Realization: I Was Scammed
This entire process made me realize that I had been scammed. The platform had manipulated my profits, delayed and canceled my withdrawals, and then blocked my account without any valid reason. This kind of behavior is typical of fraudulent platforms that manipulate their traders to maximize their profits at the expense of unsuspecting users.
7. Key Red Flags and How to Avoid Such Platforms
Based on my experience, here are a few red flags to look out for when using online trading platforms like Quotex:
- Withdrawal Delays: If a platform constantly delays withdrawals or cancels them without providing a valid reason, it’s a major red flag.
- Account Blocking: Platforms that block accounts without a clear explanation are often involved in fraudulent activities.
- Balance Manipulation: When your balance is altered without your consent, it indicates that the platform is tampering with your funds.
- Lack of Transparency: If a platform is not transparent about its terms, especially when it comes to withdrawals and fees, proceed with caution.
Stay Safe from Quotex and Similar Platforms
In conclusion, my experience with Quotex has been nothing short of a nightmare. The platform promised quick profits, but instead, it manipulated my account, delayed my withdrawals, and blocked my access.
I urge anyone who is considering trading with Quotex or similar platforms to proceed with extreme caution. If you’ve already experienced issues like mine, be sure to report them to the relevant authorities. In the world of online trading, there are many legitimate brokers, but platforms like Quotex are nothing more than scams preying on innocent traders. Protect your money, and do not fall for such traps.
