We have invested about INR 11,00,000 into this trading company and now they are demanding more and not allowing to withdraw out capital investment. How can we get back our investment as we are first time investors. Thank you
Hi,
Thank you for reaching out, and I’m truly sorry to hear about your experience.
After reviewing the broker in question, it appears that the issues you’re facing with withdrawals are unfortunately typical of scam operations. Please do not deposit any more money with them.
To begin with, FXRoad is not regulated by any recognized or top-tier financial authority, which is a significant red flag. Regulation by reputable financial institutions—such as the FCA (UK), SEC (USA), or ASIC (Australia)—provides oversight, investor protection, and accountability. Unregulated brokers, on the other hand, operate without proper supervision, which often leads to unethical or illegal practices, such as denying withdrawals or manipulating accounts.
In addition, FXRoad has multiple negative reviews online, many of which describe very similar issues to yours. This consistency in complaints strongly suggests a pattern of abusive behavior.
It’s, unfortunately, common for fraudulent brokers to pressure users into depositing additional funds, using urgency or false promises as leverage. Please do not send them any more money under any circumstances.
Recovering funds from scam brokers is extremely difficult, and the success rate is generally quite low. However, there are a few steps you can take that may help. We’ve compiled some guidance here:
How to recover your funds when scammed
A word of caution: Be wary of companies that claim they can recover your funds for a fee. Many of these so-called “recovery services” are themselves scams preying on victims a second time.
If you have any other questions or need further assistance, feel free to reach out—I’m here to help.
Kind regards,
Bori