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OneCorpFX.com Review

FOREX BROKER: OneCorpFx

  • In September 2009 I open an account with OneCorpFX. I wired $5,000 to my account through my bank.
  • Over the next 6 months I added $2,000 more to the account.
  • July 2010 my open trades were automatically closed ( I did not have a liquidity issue)
  • I contacted Michael Graham the owner of OneCorpFX who informed me:
    • He had sold the company to a EFOREX REAL in Panama and I would need to withdraw my money from OneCoprFX and deposit with EFOREX REAL.
    • He said my trades were automatically closed by Boston Technologies (BT) because of the sale.
    • I requested a withdrawal form (have not received one yet)

Red Flag BT are the people who provide the MT4 trading platform not a clearing house.

  • Over the next several months I continued to asked Mr. Graham for the status of getting my money.  He said he had retained a lawyer to get all monies from BT who was claiming they never received any money from OneCorpFX.
  • Oct 2010 the OneCorpFX website was taken down. Phone calls to OneCorpFX were answered by a recording to leave a message.  No messages were ever returned.
  • I used internet skills to find out that Mr Graham had opened a new company IntertechFX
  • Nov 2010 I called IntertechFX and Mr Graham answered.  He told me he didn’t have the money leagally pursue BT but had started the new company and was hoping to build up enough money to pay back those that lost in OneCorpFX and told me I should see my money in less then 6 months.
  • From the Forex Peace Army “2010-11-07  SCAM CONFIRMATION:  The FPA has investigated a case brought by a member against OneCorpFX.  In the opinion of the FPA, OneCorpFx.com is a scam.”

We’ll see !

In the mean time I do not recommend anyone deposit money with IntertechFX

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