Proptechfx Reviews 7

Scammer!!! Takes money and then blocks. There is a whole channel against them on tele gram. Their metrix links are stolen from another channel. None of the results they post is theirs. All this evidence is in the channel made against them in tele gram

Save your money and stay away from these scammers

First, when I saw their advertisement on Facebook and after visiting their website: propfirmexperts.org, I believed in them because their website and advertisement looked so unique.
When I contacted them, at the first they were very active in responding and sending messages and information about their so cold service! And after making payment to their package! First, they promised to take care of my account within 24 – 48 hours and then they never touched my account. During a week I wrote them message with no respond. After one week I started to suspect perhaps this is a scam one. So, I had to contact them with another name to be sure that they are really scam. While I was ignored from my original telegram, where I had made payment, they replied my second contacts, because they though this is a new one to be scammed.
In order to convince them and find their information I said I will pay by Wire payment and I need their bank account information with address and phone number. I will add also this messaging to this document.
In their advertisment they have put some links as their success history. At first I believed then I started to search and realised some links are from 2019. The domain propfirmexperts.org is opened on February 3rd , 2024, quite new. And they claim they have helped hundreds of people to pass their prop challenge.

I found this company when googling online for a service to pass a prop firm challenge for me. I initially made contact on 15th Jan and they were very responsive on telegram. They claim to pass each phase within 8-12 days and have a pass rate of 92-94%. Once a challenge is passed the continue to manage your account and claim 15% of your net profit (after split with prop firm) . So far, so good to be true. I was passed over to a separate support channels on telegram and actually had a call with Sebastien who continued to answer all of my questions. They claim they have a number of traders based in Toronto and the US. These are supposed to be professional traders who trade manually. Clients like me have their accounts matched or trade copied to their system. I was good to go and my account opened with them on 6th Feb.
Initially there were 16 trades over 10 days, but the net results was a slight reduction on my 200K account to a balance of 195K. They had said their traders trade manually but the activity on my account suggested otherwise, all trades were on AUDUSD, all were on the hour every hour (suggesting an EA) and the patterns showed a grid strategy, where lot sizes doubled when a previous trade was going in the wrong direction. So this was a slight red flag but overall i wasn't concerned, I wasn't expecting linear progress to the 10% target of 220K. Then nothing...

No trades and the responses on both of their telegram channels started to dwindle. In fact their main channel where they posts results and success stories disappeared altogether. I asked where that had gone and they said they were simply relaunching that channel to better fit their rebranding, but I asked three times for the new Telegram handle and they did not provide it to me.
On 27th Feb they messaged to say there was a data corruption their side and whilst no security details were compromised, my account was not functioning properly. Then they messaged on March 1st to say to look out for broadcast messages on a third telegram channel, where they said they have had some further technical issues but I should see accounts by Thurs 7th or at latest Friday 8th March. I had no trades on those days and have had no trades since. In fact I had no trades at all between 16th February and 15th March, which is pretty incredible considering they claim to pass each phase in 10-12 days. Im aware of the recent Metaquotes licensing issues affecting the Prop firm market but my account was with FTMO who continue to offer MT4 and MT5, and if they are the size they say they are I would have expected some kind of work around solution from them - ie use of European VPNs, or a trade copying type solution, in any case they did not even mention this as a source of any issues.
I requested a refund on 14th March but no response. I messaged to say if still no trades by 15/3/24 i would reclaim control of my account and try and pass the challenge myself. Again no response. I was very impressed initially and thought this was a large scale, legit outfit with a strong business model, but its really just a a way to take money from clients.
Final proof was me setting up a new telegram account and messaging them on Saturday 16th March pretending to be a potential new client. I got immediate responses, and all the same slick sales patter. I asked whether they were always so responsive on customer service "yeah" they responded. "So why haven't have you responded to my trading buddy who keeps messaging you about his abandoned account?" and then silence. I suspect they have blocked both of my Telegram accounts

Total SCAM!! They will make profit and make it seem they're doing their job. Then once the first phase of your prop firm is passed, they will block and stop replying to your messages. DON'T do it!
It's a shame because they were seeming to make great results and constant profit. I'm sure they'd make more money with their profit split if they were decent humans and actually managed accounts.

As an extremely unsatisfied customer, I initially engaged with this company to oversee my funded account. They performed satisfactorily for approximately a week, but a crucial oversight occurred when they neglected to close open trades over the weekend. Consequently, Nova Funding canceled my account. Moreover, I entrusted them with an additional 2k to manage two more accounts. However, once they observed the failure of the funded account, they ceased responding to my messages. Beware of these individuals; they will take your money and disappear. Fortunately, I used a credit card for payment, allowing me to dispute all three charges.

Total SCAM!

After blowing up my account they stopped answering on Telegram