KayaFX

I deposited EUR250 at KayaFX. The trouble started when I requested to withdraw. The "account manager" is harrassing me about depositing more money and is not processing my withdrawal. Now, they are not responding to my email, they hang up on me and they close all live chats I try to initiate about the withdrawal. I just want my money back.

I had dealings with Kayafx for several months and it was all going well to the point that I decided to make a living through trading and made the biggest investment so far. As soon as I tried to pocket my profits it all went bad. Withdrawals were refused and the whole trading pattern changed whereby very large trades were placed and then almost immediately closed so that each trade incurred a large loss. The broker neither executed my stop-loss order nor approve my withdrawals.

KayaFX is a company of thieves. Be careful with this company. They will take their fee when you purchase currency pairs but won’t allow you to transfer currency pairs outside of their system. It’s a joke. They will steal from you. Their customer support answers no questions and does nothing but stall.