Abstract：ehamarkets is the focus of many traders on broker review platforms for all the negative reasons. Among the many complaints against the Malaysia-based forex broker, the withdrawal issue and the utter helplessness of the trader in recovering their funds stood out. The broker is accused of denying traders their funds using numerous excuses. So, if you were planning to invest in this forex broker, do not miss reading this ehamarkets review article. Take a look!
ehamarkets is the focus of many traders on broker review platforms for all the negative reasons. Among the many complaints against the Malaysia-based forex broker, the withdrawal issue and the utter helplessness of the trader in recovering their funds stood out. The broker is accused of denying traders their funds using numerous excuses. So, if you were planning to invest in this forex broker, do not miss reading this ehamarkets review article. Take a look!
Examining the Top Complaints Against ehamarkets
No Contact Possible with ehamarkets Customer Support Team
The forex broker might contact you numerous times for deposits. However, as you seek profit withdrawals, its officials might not be accessible. Whether it is about contacting them on phone, email or any other communication tool, these officials are accused of being inaccessible when it matters the most - the profit withdrawal time. Here are multiple poor ehamarkets reviews based on withdrawal goof-ups.
Withdrawal Allowed Once, Not All the Time, the Trader Alleged
In a shocking claim, a trader alleged that the ehamarkets trading app allows withdrawals only once. Withdrawals after the first instance are usually cancelled by the forex broker. While sharing the ehamarkets review, the trader categorically mentioned flagging this broker as fraud on platforms, such as Google Play, to prevent prospective traders from falling prey to investment risks associated with the app. To know more about the traders claim, check the screenshot below.
The Claim of Drastic Profit Fall Despite the Right Strategies
This complaint also grabbed our attention as it allegedly reveals the dark side of ehamarkets and its strategies to defraud traders. As per the traders claim, despite following the right strategies, the trading capital started going down, causing annoyance and this negative ehamarkets review. Take a look!
The Ponzi Scheme Allegation Against ehamarkets
Reports of ehamarkets defrauding traders through an alleged Ponzi scheme is also circulating on forex broker review platforms. One trader claimed to have lost $60,000 on the ehamarkets trading app. However, the trader recovered the amount using legal help. The screenshot below narrates the financially harrowing incident many traders may have witnessed at ehamarkets.
Reports of Repeated Withdrawal Failures After Small Deposits
A trader reports a disappointing experience with the platform after starting with a small €50 deposit to test its reliability. Although the balance briefly increased to nearly €500, the user attempted to withdraw €107.11 and found all withdrawal requests repeatedly canceled. Despite submitting full bank details, verification documents, and proof of deposit, the platform continued to reject the withdrawal. The trader was then asked to provide PayPal details, but the platform refused the submission due to PayPals security-masked email display. Even though the account had already been fully verified, the withdrawal was still denied. The trader concludes that the platform is fraudulent and intentionally blocks withdrawals. Here is that negative ehamarkets review that warranted attention from existing and prospective forex traders.
ehamarkets Review by WikiFX: Regulation Status & Score Update
The complaints against ehamarkets made the WikiFX team investigate the forex broker thoroughly on its regulatory status. The team found the broker to be an unregulated entity with an operational history of above one year. Without a forex license, there is bound to be risks for traders with ehamarkets. The team thus gave it a score of 1.24 out of 10.
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