Fear and Panic As Online Trading Company Loses Trust of Investors

By June 7, 2016Bitcoin Business

The inability to access funds and a sudden change of contract terms and conditions without notice has thrown investors within the online trading company, OneFxZone into panic mode. All seemed so well

Originally known as OneFxZone, ‘One International Limited’ is a company that claims to trade in Foreign Exchange and welcomed investors with a promise of various attractive returns on investments. OneFxZone accepted deposits in Bitcoins, Paypal, Bank wire, etc.

Launched in November 2015, OneFxZone boasted of very efficient and easy operational procedures until about five months after existence.

“I signed up on OneFxZone in November 2105, sponsored by Kyle Gibson. My initial investment was $25 only and at the time of investment expiry I had earned up to $400. That was when the programme was doing well,” says Hameed Olaniyi Ogundipe.

Another investor from Nigeria who chose to remain anonymous tells CoinTelegraph that he was signed up by the same Kyle Gibson in March 2016. According to him, at the point of entry, every detail of the contract was clear and straightforward until the beginning of May 2016, when adjustments began to take place without prior notification. How the boat began to rock Originally known as a forex trading company that allowed investors to cash out their earnings on a weekly basis, five months after existence, OneFxZone announced its expansion and introduction of new investment packages with claims to be trading in gold as a commodity and an improved additional investment opportunity.

Less than two hours before the opening of the cashout period on Monday May 9, 2016, investors were greeted with the news that they could not make withdrawals anymore until the 5th of the coming month as the rules had changed from weekly to monthly withdrawal dates.

“After the change in system without adequate notice, I became uncomfortable with the scheme. […]

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