MagnumFX Review – 5 things you should know about magnumfx.eu

Since your report are you able to confirm this is a genuine company and legally able to trade in the UK on the MT4 platform for Bitcoin?
I have commenced dealing with an account Manager from ET Finance and opened an account but stopped short of depositing money. They appear to operate on different phone numbers and say they so via the internet so zero cost on calls. I have also seen adverts on facebook referring to Daniel Radcliffe actor ( Harry Potter Fame) on Graham Norton Show explaining how easy it is to become rich using this platform. It is alleged a BBC Producers signed up to ET Finance prior to the interview being aired to authenticate the scheme and he has said it is fine and outlined the process, this has which both have caused me concern.

You will be asked to deposit a large sum because your account manager has an opportunity for you ( does that ring a bell?). You will not get your £200 back. You will lose everything. You will end up with 500 or £600 in your account and think this is a way to make easy money. Then you will be advised to invest 5 or 6 thousand. Trust me…you will lose the lot then. They are scammers. They have the ability to manipulate the mt4 platform and you will think its genuine. Dont be a sap mate. Try and withdraw if you dont believe me

MAGNUMFX MAGNUM FX ETFinance used Facebook advertising showing famous people making large sums of money to entice me into their system, then instructed an account manager (Levi –

[email protected]) to call me and make me feel that they would explain everything, give me training, teach me to view investing.com as an indicator on when and where and which direction to trade, then once they had my trust and they felt I was ready to be lured in, the account manager refered me to “the boss” in my case Rony, Rony told me he could help me get my money back that I had lost over a number of days, Rony claimed to have a golden opportunity for me that was a 100% secure guaranteed return and with a £10000 investment I would make £12500, Rony told me to invest £10000, he would show me how to turn it into £12500 and I could return the £10000 back to where it came from.
After making me upgrade to a silver account with a leverage of 1:500 (which I did not understand or have explained to me) Rony Invited me to view his pc screen remotely to show me… investing.com! (investing.com a familier page I thought! More fool me) Rony told me to make large volume (4.0) high leverage trades in a long trading direction that was the opposite to the direction of the market trend! Without any mention of stop lose, or risk… this is because Rony was in the full knowledge that it was going to make me lose, in our opinion these trades had never really been made. These trades are also not evident in the trading logs on the MT4 system but all the trades previous to these are, again we believe because these trades had never really been made… Rony then called me back up to transfer more money to support the loosing trades in order to prevent me loosing my money, when I explained I could not afford any more money, he told me to borrow some! this is a tactic you use to squeeze every last dime out of the clients, I fell for it and transferred a further £2000, Rony then called me and told me to trade on exotic pairs minutes before you closed for the day telling me “we would see how they have done tomorrow”, these pairs happened to have extortionate swap fees… again no warning if this, why else would you tell me to back them at the end of the day? Then before you left for the day you blocked my trading software so I was unable to set stop loses or close these trades, when I attempted to I was notified by your trading software that these markets were closed! I have since checked on the operating times of these markets and these markets were not closed and do not close in the middle of the week! Another manipulation to make me have no control or ability to stop the loses, as a direct result of this a trade I had on the GBP/CHF which reversed direction and would have made substantial profits also collapsed, you had hoped I would believe this was due to a bad day at the office, but this is your fabricated process which is designed to extort money from innocent, inexperienced, unsuspecting, eager to earn and learn, clients that are feeding from your words of guidance in a world we want to learn but know nothing about.

I have complained to MAGNUMFX – MAGNUM FX – ETFinance and the best they can offer me is £6000 to keep quiet!!! NO CHANCE!!!! Others have been silenced before with a full refund! Why they think i will accept less than 50% is beyond me!!

BE WARNED DO NOT TRUST THIS COMPANY!!

CySEC Licence is not the same as a UK FCA licence!!!

I was just called by them, and luckily I see this reports
A dutch number called me, and the caller spoke English with a foreign accent
I received email completely in Dutch with a login name and password to start the trade.

I will decline to do that ofcourse

The advertisement was about Netflix stock that made so much revenue since the startup and they would assist in making a lot of revenue in trade. The initinial investment of 250 ringed a bell with me, because this is the amount the bitcoin trade scammers say you have to start with
Be aware , and spread the news that ETfinance is not reliable . Don’t trust people you have not met, and don’t have good references . Who come into your life with ads on the internet , or with fake WhatsApp or phone calls, impersonating friends or employees of your bank.