QuantumFX (General Branding) EN

BRFXtrade customer reviews

Updated: October 25, 2026
BRFXtrade
Views574
Summary
The reviewer describes BRFXtrade as an unregulated and fraudulent company that allegedly never invested or traded clients’ money, instead displaying copied or fictitious trades on fake accounts. They claim to have lost $33,000 and were later locked out of an account that appeared to contain $16,000, making withdrawal impossible. According to the review, representatives pressured clients to pay additional amounts—often $5,000 or more—to reduce lot sizes, secure payouts, or participate in special trades, while providing scripted and misleading explanations. The reviewer identifies several alleged scammers, including Steve Madsen, Tom Burke, Emely Winter, and Anna Novak, and says their bank had warned them about the company, although too late. They strongly advise avoiding BRFXtrade, state that all money deposited will be lost, and say they have documentation to support their accusations.
Kim H
27.01.2019 | 13:44

BRFXtrade IS A GIANT SCAM!!! It’s an unregulated company for a good reason. They are NOT legit. Keep well clear of this so called trading company. This is a FAKE company. I can not stress this enough! They cost me 33.000 of my hard earned dollars. Not by bad trades, but because they never actually traded my money, other in a fantasy world. My account was fake, even though it showed actual trades. It’s only a copy of someone’s trades. Even if there was 16.000 usd on my account, when they blocked me from accessing my account, I would have no chance in hell, if EVER withdrawing my money. They only make you pay more to reduce LOTS, and securing a fast payout. Trust me... Everything they tell you is manuscripted lies. The names of the scammers I dealt with are: - STEVE MADSEN, 35 years experience as a trader. (I could have done better my self) American. Good at playing the role of a caring senior account manager. 100 % FAKE. Don’t trust a single word. - TOM BURKE. Specialist in getting people to pay 5000 dollars or more, to reduce LOTS. Most likely Dutch. - EMELY WINTER Special trades. Same as Tom. Initially the one who called me, and pursuaded me to invest more, in a “Special Trade” my money were never invested in anything. It’s a scam. Danish speaking. - ANNA NOVAK, Same as Emely. Another major scam artist. “Senior account manager” She cost me a bundle of dollars. Every cent you give to this company will be lost. I hope that someone that can afford it, will take them to criminal court. They are nothing but smooth criminals. It is my major pleasure to bring this scam out in the open, and I can document every statement. My bank warned me against them, but much to late, and they are well known in the banking world. Only for what they are. SCAM.

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