SVSFX / SVS Securities
Reviews and Complaints

Full Name:Raju Modhavadiya
Registered Email Address:[protected]@gmail.com
Account Number:svsfx broker18573
A clear description of your concern or complaint: bonus deposition
Details of what you would like us to do to resolve it
Hello sir

My name is Raju
I open an account with svsfx forex broker with the account number 18573

Before one month I deposited 500$ and they suppose to give me 60% of the bonus at that time but after depostion of fund from next day they can not contacted me and they will not contact me for 2 week daily i put email and they did not give me reaponse

After 3 week they reply that we had serious issue in our office so not able to contact you sorry for inconveince and now they refuse to give me deopsit now they said that its my mistake

Please help me out other wisr fruad company like svsfx will again cheat the client

Thanks
Raju
[protected]

I have received call from Mr.V.Peter from SVSFX land line no+[protected], he spoke about online forex trading and insist me invest of minimum 500$ in INR, monthly earn up to usd 200 to 300, before that fazreena-Accounts Manager lady called me regarding same issue. Mr.Peter informed us pay by money your credit card, and profits will return to your credit card accounts and you could clear your debts, therefore I trust of SVSFX .Com, I transfer money to my credit card Rs.33, 500/- from local paypal and gave local default a/c no.99999 shown in credit card statement of M.S.traders . And then, he allocate Trading a/c no.1062682 and you trade in met trader platform gave the password. After I have received call from Suresh Jha from SVSFX told me he is our Accounts Manager And instruct me to trade with my knowledge. As per instruct from Suresh Jha, we have traded in Metatrader platform earn 700$ dollars with in near 10 days, So I have planned to withdrawn and send request FORM of 500$on 17/08/2015, that time we have 1200$ in account. and informed Suresh Jha request to release the money, he confirmed I have informed to Refund department, they will processed within two days. After two days on 21.8.2015 he made me one deal and put entire lot in that and made me loss of all dollars in my accounts. I am asked about this matter, he told me market is suddenly dropped out. I informed what about my refund of 500$ he told that there is no balance in your account. And after they have not done any call, regarding this matter, Suresh Jha is a person is responsible for entire trader and liability to all, and Peter also not making any call after this incident happens, so both are culprit and take action of them and refund of my money earliest. I have attached the transaction history, the person who is accounts manager he know very well about investors’ money safety and plan to trade secure out our initial deposit and put balance amount in lot, but he planned and committed heavy loss, he is responsible and liable person to release our money back. Finally we have got lose our money and he planned swindle our money. Kindly take action to recovery money back. Thanks & regards G.Devaraj+[protected].

Dear Team, Hare Mr.Richard, I thought you have no sense at all, being the Investor money is not safety, they why you carry on business through online forex . First time I invest $ 500 you loss entire dollar and not gain to investors single Dollar, then what hell you carry on your business, simply put your blame on market is totally risk, and Second time $350 bonus you have given, same you loss entire $350 loss to investors again you telling market is high risk, make be entire loss. I did not know anything about forex trading, instruction from Suresh Jha accounts manager only I login & log out, they he is not fit for that job, take action against him and return my money back Two times I have given chance to you, but u had loss $850 totally, then what is the meaning of running Online Forex?, Not giving any profit to investor or re back or not settle the initial deposit means, you are liar, bogus, cheating the people by grab their money and loss the investors telling market is highly risk, I have filed case against you, who is peter? Who is suresh jha ?all are bring together and punished you all, If you not returning my money back. Regards G.Devaraj+[protected]

My account manager asked to deposit $400 to start transaction in my account number 14128. On deposition of amount, account manager changed, the new one was asking $400 to start transaction. That time i have been called in my old account manager, call is not going. So i am sent it my proof to our mailed.

Svsfx Account manager asked me to deposit 500$ for trading. I have deposited the amount. Later on they have changed the account manager and the new one was asking 1000$, then only he will start transaction. As I already involved so I have deposited the rest amount now my account a/c no. 14120 was reflecting with 1600$. On the first day some profit has come, after that account manager was asking me to deposit 5000$ to earn profit. I was unable to pay as this is high amount for me. Consequently day after day my account balance getting low, showing NIL Balance. I am in loss. Now they are not contacting/replying me.so they have cheated me.
It is also noticed that in their software there is no option of online deposition/withdrawal, they are not linking the bank account for online transaction so something is fishy. During conversion with them I found that they were asking money only.
So I request you to consider my petition and arrange return of my money $1000.
With regards
Ajay

Svsfx officials asked me to deposit $500 to start transactionin A/c no. 14120. On deposition of amount, Account manager changed, the new one was asking 1000$ to start transaction with 60% welcoming bonus I have deposited the hard earned money, now my a/c is credited with 1600$. They have started transaction on the first day they have shown some profit. After showing the profit they were asking to increase your capital amount to 5000$ as this is high amount for me I was unable to pay. Later on I ask them to give my profit but they didn't give they told go ahead to earn high profit. Next day they started transaction which was resulted in NIL Balance and I was in loss. Now they are not contacting me. So this is full cheater company. In their software there is no option of Withdrawal, online transaction, they have not linked the bank account for online deposition/withdrawal. So in the event of profit they are not allowing to withdrawn the amount.
YOU ARE REQUESTED TO RETURN MY MONEY 1000$ IN MY ACCOIUNT FROM WHICH I MADE PAYMENT TO THEM.

Hi,

As I Transferred fund of rs 3210/- (INR) trgh visa debit card of 'ICICI BANK INDIA"to SVSFX securities plc u. k online for trading purpose but at the last there was some server issue and hence this amount got debited from my account. After contacting he svsfx accounts manager team they declined that the amount has not been received by them and hence you have to register the complain with respective bank. As after contacting the bank official and register the same issue with them they given me 58 working days time to work upon. Today I received the call from the bank official that your merchant had declined the same amount and we cannot do anything in that matter. Hence my purpose is that only that you check that amount is not actually credited to neither me or to"SVSFX SECURITIES PLC" but credited to smart pay So please do the needful as soon as possible and also I m sending the attachement of the bank statement so that the whole picture got clear in your mind.
The transaction no was VIN/wwwsmartpay/20141208170510/0.. — Regards,

Piyush kasera ([protected]@gmail.com)
[protected].