QXTRADERS

DESCRIPTION OF EVENTS

"Start Trading The World's Most Popular Cryptocurrencies! Enjoy Your Profits While We Do The Trading For You"

"We offer individual & also general services to all our clients all over the globe."

"Based on rational management, all funds are managed with proper responsibility and efficiency. Detailed plans allow us to reach success when trading on your behalf." "We offer Forex, Crypto & Commodity Investment services on a weekly bases. You are guaranteed as much as 100% every week from investing in Bitcoin alone. Take that bold step today!" "Unlike most modern organizations, we give you the luxury of assessing your funds & total profits at the end of every week in a case where you have emergency."

"We offer crypto savings accounts and Crypto Loans to employed individuals all over the globe. Review takes within 1 & 2 Weeks before Loans are issued out." "We help our customers pay a whooping 80% of every tax rate associated with any transaction made on our platform. Trading shouldn't be so costly after all..." "We have a unique team of Customer Support ready to help at all time. Being proficient in many languages tears down the boundaries of communication and enables us to respond effectively to your needs."

"The address 2413 is Michael Street, Houston, Texas, USA does not exist, but 2413 Michael drive exist and it is residential area."

"When I signed up on the website I have to tick to agree on the privacy policy but in reality there is no privacy policy or terms of conditions."

"On January 2022 I was scammed on Youtube by a person called Jay Froneman. I asked him if you can help me investing in bitcoin and gave me his number. He instructed me to download the app called Paxful so I can transfer bitcoin to his wallet address. I purchased bitcoin for $200 USD and transferred it to his wallet address and he instruct me to go to this website www.qxtraders.com to sign up. After I sign up I noticed the account balance was zero dollars. Within 24 hours the account balance was $2000 USD and I was happy that I made much money in short period of time."

"However he asked me to pay $800 withdrawal fees so I can release my profit and I asked him why. He said because it is first time for me to withdraw and there will be no more fees, however he again asked me to pay $1000 dollars fees for the network fees and claimed this is the last time and again asked $700 so I can withdraw my money. I stopped paying them and blocked their Whatsapp number and someone from recovery agent claimed he will help me recover the stolen funds but they are also scammers."

"Each time I pay the profit increase in my dashboard. Eventually I found those profit numbers might look fake and the website is not legit and unregistered. There is no privacy policy or terms of use and the frequently asked questions have none sense answer. The website is misleading and it is hosting a scam. Trend Micro check indicate the website is hosting a scam. The website qxtraders.com does not allow fund withdrawal because it gives error that to check the connection and try later. I tried investing and it says maximum amount is $10,000 dollars but I put less amount."

"On how it works page it says you can withdraw freely but in reality it is not free of charge and you charge people too much so they hope for profit to released but no profit is ever released. This is rip off. I was ripped off $3000 Dollars. You keep saying I have to pay for profit release but no profit ever released. The profit increases to rip people off."

"I was recently scammed thousands dollars on Bitcoin and I report the fraudulent wallet address to bitcoin abuse website. I was reading the report and someone claimed money back limited help them recover their funds. I am wondering if money back limited which is based in Israel is it legit or not? The website is www.moneybacklimited.com and I filled the form and they contacted me on whatsapp and asked me to send $100 dollars to bitcoin address so to recover my funds. The whatsapp number seems a number from the USA and claimed the website is registered. Just want an honest answer."

"I was reading posts in quora and someone claimed they got the money back and put the name of the person email and WhatsApp number for crypto recovery. I never contacted them, so is it also a scam?"

"I was scammed three months ago by qxtraders.com . Just want let you know the website appears to have been deleted or changed. I was scammed after I found someone on YouTube pretending to be Jay Froneman."

"I tried to access the xqtraders.com since October 3rd 2022 but it went down. I did not get notification that the website will be down for any reason. However I contacted support via WhatsApp and claimed the website had issues because users were reporting it and the data were moved to another website. If that is the case they should have notified users before shutting it down.

I signed with this trading platform since January 27, 2022 and I have been getting daily profits consistently up to 24 percent monthly. I even reinvested my profits I earned and withdrew my money from the platform in February 2022 and April 2022. The website began experiencing issues since May 2022 because when I sent crypto to the trading platform it took one day to arrive and now it takes forever. I emailed Xqtraders support and they gave me their wallet address and account was funded successfully.

I thought the platform was legit because there were registered in Florida department with registration number, the site was registered for 10 years but I don’t know if it is real and I read good reviews about the platform. It is either because the reviews were fake or they have not yet been misled.

I even saw telegram posts that people were able to withdrew up to $10,000 USD in 2021 and withdrawn multiple times. The email from Xqtraders show that the funds withdrawal processed. Maybe the platform rewarded them bonuses. I believe it is a Ponzi schemes and no actual trading were made but I did not refer anyone with my referral link."

"I payed about $1250 USD and Earned about $2500. I withdrew $107 dollars."

Explore This Case Further On Our Wiki

Reddit user First-Stranger describes their experiences "investing" with the QXTraders website, which they discovered through a YouTube comment. After sending their money to "Jay Froneman" he got them to sign up with the website, where an account showed up with profit displayed. They reportedly paid a total of $1,250. They were able to withdraw only $107 worth of their funds from the website.

Bitcoin recovery agency legit or scam? : Scams (Dec 27)
Investment scams : Scams (Oct 23)
QXTraders (Oct 23)
Is bitcoin profit a scam? : Scams (Oct 23)
Xqtraders website no longer accessible : Scams (Oct 23)

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