FX905 is a forex trading platform with active complaints about manipulated spreads, refused withdrawals, and disappearing account managers after initial deposits.
Editorial note: This page compiles publicly reported user complaints and available regulatory information about FX905. We recommend verifying all claims independently using the official regulatory links provided below. If you have been defrauded by this platform, report it immediately using the guidance at the bottom of this page.
FX905 complaints centre on a pattern familiar to forex fraud victims: aggressive recruitment by 'account managers' who promise exceptional returns, followed by platform manipulation and eventual withdrawal refusal. Multiple users report that their trades were executed at noticeably worse prices than quoted — a sign of spread manipulation.
The platform reportedly offers welcome bonuses with withdrawal conditions buried in terms that make it practically impossible to withdraw profits without meeting deposit multiples. Victims who deposit to meet bonus unlock conditions report the goalposts then move to new requirements.
FX905 does not appear to hold authorization from the FCA, ASIC, CySEC, or any other major regulatory body. Legitimate forex brokers are required to be regulated in each jurisdiction where they accept clients — operating without this authorization is illegal in most countries.
"When I tried to withdraw my balance, I was told I needed to pay a tax clearance fee first. After paying, another fee appeared. Support stopped responding."
"My account manager kept calling me to deposit more, saying my position was about to become very profitable. After I deposited, they became unreachable."
"The platform showed strong profits for weeks. When I tried to take out money I was told I owed compliance fees. The profits were never real."
Before trusting any broker or trading platform with your funds, verify their regulatory status using these official databases:
The FCA publishes a Warning List of unauthorized firms at fca.org.uk/consumers/warning-list. Check FX905 against this list and report it if it is operating in the UK without authorization.
Some fraudulent platforms copy the name, registration number, or branding of legitimate regulated firms. Always verify the exact URL, phone number, and contact details against the official regulator's website — not information provided by the firm itself.
If you have lost money to this platform, take these steps immediately:
Recovery depends on how payment was made and how quickly you act. Bank transfers reported within 24–48 hours have the best chance of recall. Cryptocurrency is harder but traceable through blockchain forensics. A licensed investigator can assess your specific situation. Submit your case for a free review.
We are aware of multiple victims reporting similar experiences with this platform. If you would like to be connected with others who may have been defrauded, contact our case team. Group legal actions are sometimes viable when multiple victims are involved.
Do not respond or send any more funds. Any contact after a withdrawal dispute — especially offering to "release" your funds for a fee — is almost certainly part of an escalating fraud. Document the contact and report it to your fraud authority.
Our licensed investigators specialize in broker fraud. Get a free, confidential case assessment today.
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