"Forex Trend" does not pay or pays

The main problems of modern PAMM-investors are concluded in the non-trading market. Trade risks without problems are covered by competent diversification of the investment portfolio. All money is not saved by any person in one company, but even in such a situation it is almost always a big blow to investments.

Talks about non-payment to its investors by the company "Forex Trend" had an extremely early appearance. In April 2015, it became clear that this is not just a spread of rumors, but a reality.

What happened to "Forex Trend"?

Forex Trend does not pay or pays? This issue has affected a large number of people and has become a topic for many conversations. But nevertheless there are also those participants of the system who stayed aside. It is for these that the chronology of events and consequences is now presented.

1. Somewhere in late December 2014, "Pantheon Finance" begins to fail to cope with its responsibilities in matters of withdrawal of funds and the execution of client applications. So there are first reports that "Forex Trend" does not pay.
2. In January, on the 27th of the same year, the so-called "technical failure" occurs, which blocks the creation of new ones and the use of existing applications for withdrawal.
3. There is information that the financial pyramid "Forex Trend" is nothing more than a "big brother". "Pantheon Finance" is popularized among customers.
4. At the official forum, there is some information on the abolition of regulations on the time of withdrawal of funds for an incomprehensible in duration. It happened on February 1, 2014.
5. On the eighth day after this event (08.02.2014) the company cancels the application. Explanations about withdrawal of funds were removed from the pages of "Forex Trend". "Pantheon Finance" does not pay - it became obvious.

At the time when the above note was written, over 100,000 applications for money were filed, which, as explained, every night pass through a "hidden" mechanism. To ensure the truth of these words, tables were provided that confirmed the payment of amounts in a very wide range (from $ 600,000 to $ 1,000,000). Thus, the collapse of the pyramid Forex Trend was trying hard to hide. Naturally, this would be a good excuse, if not for one fact. Two main forums say that they had to cancel all applications (remember about 08.02.14) due to the creation of a certain algorithm that generates additional fraudulent applications, that is, virtual ones, which became the basis for daily reports, and clearly exaggerated the reality.

What can be said about actual events?

Payments, which they wanted to impose in the theoretical version, were not. Many people suffered because "Forex Trend" does not pay, and the money was not withdrawn within the next two weeks.

Of course, as life shows, there are no desperate situations , and therefore there was a way out of this. Many of those who were deceived created new applications for themselves, namely the corporate card Fx-Trend, which was advertised as the best and most convenient means for withdrawing money. Note: applications were submitted for small amounts, that is up to $ 500. How can we act in the current situation, if the "Forex Trend" does not pay, but the amount is much larger?

Now everything is absolutely contrary to the notions of the responsibility of the company, but I would like to believe that this will not last long.

"Forex Trend" does not pay: why do investors panic?

First of all, information on the WM-purse's blocking of the company appeared on the Internet due to the fact that the policy of this electronic payment system does not work with financial organizations that have a dubious reputation. In fact, some time ago the "Webmoney" system ceased to cooperate with brokers "Forex" and is currently reviewing the relationship with the brokers already registered in it.

In addition to problems with the above electronic purses, investors began to experience difficulties with other companies. Thus, the OnlyMoney system has ceased to issue cash without prior identification of users. Then they stopped their work X-Change and Privchange, stating the actions of scammers. Subsequently, it was stated that these financial organizations are in the process of liquidation and do not work precisely for this reason. Currently, X-Change has restored its work and is engaged in the payment of cash.

What is the situation today?

Periodically, the withdrawal of money from the "Forex Trend". This is done on the Ex-Change service, which does not cause any problems. This company is not a financial pyramid.

At the same time, representatives of "Forex Trend" say that a lot of duties towards investors are being implemented, and there are no grounds for spreading rumors that the company has financial problems. If you believe the administration of the company, in early 2015 there were some delays, and in April, everything was normalized. In fact, the "Forex Trend" almost does not withdraw funds currently.

What is the prognosis?

Now there is no perfect guarantee that it will always be so or the situation will change for the better. There is a risk that at one point payments may not be at all. In simple terms, "Forex Trend" does not pay, and it is not known whether it will pay in the near future.

At the same time, investors themselves in some way contribute to the deterioration of the situation, promptly withdrawing all of their deposits in a divided form (by small amounts). This increases the burden of the company's finance department and complicates its correct work.

What can be done to avoid such problems in the future?

1. Remember once and for all that the money should be in different offices.
2. Some time to wait. Anyone to write complaints is meaningless until the situation is normalized.
3. Look for new options. A good income at the present time can be obtained on very many resources, especially when taking loans for arbitration.

But still it is not recommended to refuse from cooperation with "Forex Trend" completely. To reduce the risk, there is simply no need to keep all of your savings in it. However, already invested funds should not be in a hurry to withdraw.

What are the consequences for the company?

If the company really at some point can not pay money, then it will be a very large information explosion in the media and forums of various types. If you pay attention to the fact that at this time the company holds a significant amount of investment, a flurry of emotions in the media will be huge.

On a single negative feedback, you should not even react and pay attention. But still need to think about.

And most importantly, you should look for options for a successful investment! And do not despair if you have lost a significant amount of money. You must continue to do the work in the same spirit and make further earnings with the help of new investments.