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20 reviews
Valentin
Valentin
  Verified

It took me three years before i was able to overcome this people and get my money back. After my devasting experience with them i lost all hope and gave up. Recently a friend of my got a refund from another company with the help of a legal team(support-station. com), this team was very helpful during her process and i was moved. So i reach out via… Read more

their website myself and from that moment on miracle happened. I am writing this now because i have received total refund of my money and i am willing to let people know and get help too. Don't suffer in silence, reach out now.

Hayley
Hayley
  Verified

What can I say! – (No title) What can I say! Konohafx..6 months of incredible and convincing spill. Trades that went bad and into hedge. It's fine, all is not lost. Just put some more money in. We will walk you through it. We will at least get you back what you put in. More bad trades, it's fine, put some more money in..Brilliant, i was passed over to the risk… Read more

team. Again seemed so professional. Its fine, we can salvage your account. We wouldn't waste our time if we didn't think we could. Put more money in, we will use the auto trader, build your account and liquidate. Somehow i found some more money, then finance turned round, sorry we need more money...needed for audit trails, process fees.. Day of liquidating. Closed trades under their supervision. Open some more trades to stableize. Oh, you opened too many, 87000usd in debt. It's fine though. Put some more money in, we will do it again. Sadly I did. Needless to say, it never happened. Account wiped out.....I did everything asked of me... During the last week, my so called account showed 6 million usd. I tried calling the help desk. Messagesd [Name Removed], [Name Removed], [Name Removed], absolutely desperate..Then within 5 days the account was in minus. Of course it couldn't have been real, no legitimate professional company would have let this happen. I have tried to reason with them to give me some money back, as when we went down the liquidation route, I never received what they assured me I would receive. Tĥey stole that money and kept it under false pretence. No correspondence, nothing from them.....completely ignored! I am too ashamed to put the amount I have lost and so ashamed that I so stupidly fell for their massive scam...I am mentally and physically at rock bottom. I have ruined mine and my husbands older years.... I am not sure how I will ever come back from this.... STARS - 1000. DO NOT USE THIS COMPANY.

Jonathan D.
Jonathan D.SA2 posts
  Verified

Tricked into paying multiple fees in attempt to get my investment out – I have never been a fan of giving negative reviews but i didn't have a good experience with this broker, I was taken advantage of and manipulated into sending my super to them. While trying to enforce a part withdrawal on my account, I spoke to the representatives several times but it was the scamreveal/net community that presented a solution, the… Read more

team at konohafx keep depriving regular traders like myself of our investments. They not only steal the profits but they also hold back every deposits you've ever made to the platform because they demand that you keep paying to get issues fixed but they never get them resolved. Any positive reviews you see on konohafx is a scam in itself to get you to overlook how horrible their organization is.

Harry
HarryWA2 posts
  Verified

Scammed by Konohafx – Hi all avoid these guys at all costs , they will have every excuse on withdrawals why you cannot withdraw at the time, not to mention sudden account closers after recommending to open certain positions that yes you got it , close out account , following they will offer a 2 for 1 bonus to reopen your account and trade out negative positions that… Read more

will happen until you request to withdraw once again and yes your account will stop out again and the same offer comes through with ( oh your unlucky we don’t see this normally) however you only can deposit with crypto and they will direct you how it has to be completed , don’t do it trust me I lost over 2500 aud , at first you won’t notice anything untill you reach their fund level and they will push hard to gain your self managed super , all while using the I don’t work with small accounts , names they use are [Name Removed], [Name Removed] and are nothing but a scam site as your funds don’t even reach any platform // they have meta 5 download but if you already have meta you cannot locate their company site

David M
David MQueensland
  Verified

Konohafx Parasite Scammers – Whatever you do "Do not trust Konohafx" They are professional scammers who are very good at convincing you to keep investing more money into their trading account. They will have you download their trading platform which looks genuine and will show you good profits from trades. Unfortunately it is all fake, and you will be forced into… Read more

situations where you have to invest more money to save your trades. This continues until you have invested everything you have. Then you will be destroyed because you will be unable to trade out of the situation they have led you into. Then guess who gets everything. All the commissions that have been taken out and all the money you have invested have gone straight to Konohafx. If you do get caught (like we did for all our superannuation) don't bother going to Trust Pilot. You are wasting your time because Trust Pilot are paid by Konoha to remove any reviews that show that Konoha are just common scammers and thieves.

Marcus O.
Marcus O.
 

Please please don't do it! – I lost 20k USD with these guys. Did everything based on their recommendations but finally had to pull the plug. The effect this had on my mental health is terrible. Just please don't do it.

darren
darren
 

scam artist – they keep asking for more and more money they tell you need to put more in or you will lose the money that you have already put in. Chris langston what a lieing scamming prik dont believe the posts how good they are

genn144
genn144WA3 posts
 

789.00 – I have sent a letter to you but then lost it... Amount amJust had triple by pass surgery and not too bright...I want to withdraw my capital investment please tell me how I will however invest a bigger amount later as I said to Ron.. Regards Anthony 927394 At last month I had 340.83 usd in my account, what is in now?

Dany
DanyNSW2 posts
 

The Perfect Scammers – Please avoid those scammers! Beware of those scammers who will keep fooling you with their nice words for the only one purpose; ripping you off as much as they can. I am really embarrassed to mention how much money I have lost because of these experienced scammers . They only take but never give. The minute you ask them to withdraw some of your… Read more

imaginary profits they will not let it and every time they will come up with a reason to ask you for more money. You will see great numbers and profits on the app and think 'wow' but you will never touch a dollar of this money, why? because the plan is to take and only take. Honestly what is burning me now is that i had all the doubts in the world about them but I let myself be fooled by them while deep down i knew it will not end well. When i said no to paying more money, suddenly my account started going down with no explanation as to why this was happening. The only answer I got was ' a market situation' that i will have to pay more money to rescue the account. Honestly, I preferred to lose my initial large investment than making them take more money out of me. Please avoid this company as they are not regulated by any laws. Simply DO NOT believe a word they say!

Barbie D.
Barbie D.QLD
 

Harassment – I tried Konaha FX with the minimum amount of money and did well. I then read some reviews and thought it better to draw out my small profit. I have now received at lease 75 calls from KonohaFX from different diverted numbers EVERYDAY. It has confirmed that they are a desperate company. They were lovely dealing with until I left. I was not comfortable investing more than the minimum AVOID if possible. Show details

C.Russell
C.RussellVIC
  Verified

SCAM! – Total scam. Yep I got caught. First you will be contacted by an “account manager”. In my case Adam Hoffman. He will give you a security code and tell you not to enter into any discussion with any callers unless they have the code. He then helps you go through how to download their platform and how to withdraw funds from your initial deposit if… Read more

$250 USD. It all goes down from there. I am too ashamed to mention how much I have lost by believing the lies and fraudulent manoeuvres I experienced with KonohaFX. Please be aware that Adam Hoffman, not his real name, is a very professional con men who has total control of your investment and when he tell you that he must contact his development team he is lying. He has no morals, no care in the world that he is causing you financial hardship. He will do and say anything not to release your money. He will tell you that your non trading shares have been picked up by their automatic binary system and your money will disappear because it trades overnight and for each buy, they will take $20 USD per share in commission and again the same for each sell, which in some instances were made within a couple of minutes. They continue to allow your funds to trade in declining bitcoins market. They don’t care as long as they take their commission. Don’t believe their lies. Even if you see your investment increase, Adam will not allow you to withdraw your funds and will become very abusive. Be careful, be aware.

Gill
GillWA4 posts
 

Total SCAM – we invested 40,000 and got nothing in return, they just keep asking for more and more money, they talk over the top of you and blind you, DO NOT DO NOT USE THEM, the good reviews you read, are what they are writing about themselves, do not be fooled, they are very very good at scamming money out of you, Federal Police are on the way to these scammers.

Mathew
Mathew16 posts
 

Fraud – I’m following up with the credit card department to get my money back. 100% scam. Even these positive feedback is scam themselves and not customers at all

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Venessa K.
Venessa K.NSW
 

BEWARE – STAY Away and BEWARE. Not for the NOVICE investor! At the beginning when you sign up with a small amount of $ you are made to feel supported and the service consultant helps guide through all the steps. As your trust builds up you make a larger second deposit. Due to family circumstances I had decided this was not for me so i contacted my advisor… Read more

Benjamin Harrison to let him know i wanted to close my account which at that time has made a 21% or so profit. As soon as I said this my account has been dwindling down to today been 0$. I could see over the last past 2 weeks my profit getting less and had tried to ask him to help me close my account and just get my money back, but i was made to feel small and was advised that I'm living in fear of trading and should take risks. That is now obviously the case and realise they have just scammed me. BEWARE

Geoff
Geoff18 posts
 

THIS IS A SCAM – DO NOT DEAL WITH THIS COMPANY - THIS IS A SCAM. LOOK ELSEWHERE Do not get fooled like I did. They and [Name Removed] my 'Account Manager' comes across very professional then steals your money and locks you out so you cant access your funds. GO ELSEWHERE !!!!!

Dhaval
DhavalNSW
 

Fraud - stay away – Its a fraud company. Transaction will be made without your consent and when you decide to close, transaction will be made so that your account goes in negative. Also so called fund manager will push you to deposit as much fund you can, for that they will use language to make you feel they are giving you tough advise for life.

Not
NotNSW
 

Scam n more scam o star – Konohafx is a BIG scam clearly Konohafx is there to provide support pushing everyone " invest " but intentions is not for ours BUT your Konohafx to take people hard earned money your aim is to just forced n forced upon people to invest Your platform do not deserve any star. I know u will not post this. GOD is Great your day will come

jackship
jackshipQLD24 posts
  Verified

Scammers – They will ask for a minimum deposit of US$250 to start investing in bitcoin. I was planning on doing some due diligence, but they were very pushy. It was concerning when I was on the phone with one agent, two other agents tried to call as well ending on leaving messages via email. They seem to be spoofing phone numbers all over Australia, the… Read more

transaction for my deposit was processed in Kenya. They claim to be based in Cyprus, but I guess it depends where the scammer is based. I did some research and realised they were scammers - some people have lost a lot of money - tens of thousands of Dollars. They will try and suck you in by showing you how your deposit has already made a profit - then they ask for more money. You will never be able to withdraw your funds. I won't get my money back, but at least I caught on early. Hopefully I can save some people the pain of getting scammed. BTW all the positive reviews are fake.

James M.
James M.NSW2 posts
  Verified

The truth about KonohaFX – They start my gaining your trust by letting you withdraw 50 bucks at the start then start putting on trades for you. They show you how 'liquid' The crypto currencies are. They have complete control of your account and will manipulate your account into the minus. They take your deposit and will give you excuses after excuses when you want to… Read more

withdraw funds. I made about 24 thousand in profit yet I wasn't allowed to withdraw anything. I have lost 12000 to this company so please stay away and don't believe the false reviews written on Trust Pilot as you notice that all of those reviews have the same photo style attached to them (I did a search of those images on google goggles) and they're just stock images that don't match the name.

I can also see that everybody who has had a bad experience with Konoha, they will just get the reviews taken down.

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Clara Yates
Clara YatesVIC2 posts
  Verified

These people are scammers and won't let you withdraw or have your deposit back – This review was taken down from Trust Pilot but Trust Pilot support scammers and leave up fake reviews despite showing them the evidence. These people will not provide you with their credentials because they are unlicensed brokers I can confirm that everything said in this review is true (I have a report to the AFP (Australian Federal Police)… Read more

which they are investigating along with an ACCC report, Binance are also investigating. I have also gone to A Current Affair Australia about this as well) Happy to provide all supporting documents. This includes whatsapp chat history, Police & ACCC report , Binance fraud report, email history, screen shots of the platforms, cancelled withdrawal requests the lot.

After scrolling YouTube in mid December 2022. I came up across an ad on youtube before the video began. It was about trading and how you can invest your money to make more returns. I clicked on the link from the ad which was https://profitsxstrategys com and joined. After that I recieved a call from [Name Removed] from trading-academy dot io advising me to sign up. Once signed up an account manager will be giving me a call within the next 10 minutes. [Name Removed] from KonohaFX then called up on 1/412/22 welcoming me into the world of trading. He said before we can get started I needed to deposit $250USD via crpto so we can get started. He made me download a trading platform which belong to Konoha. It was the MT5. He showed me how quickly withdrawals could be done by putting 50 bucks back into my account along with 800USD as a christmas gift on the 19th of December (how very nice of him). We started trading on Bitcoin where he would do a buy and sell at the same time as it was a crypto robot which we would leave. I was advise the bitcoin trades were to remain open all times and not to close them. After we did trades on the Nasdaq 100 along with currencies and Crude oil (WITI) Communication over whatsapp was very quick and the phone calls came in on time every single day. He advised me to deposit 15,000 usd so we can really build the equity of the account. Once I did this he gave me a credit on the account of 13,000 and made me sign a bonus agreement. This of course built up the equity to do more trades. Trades were going well and found myself at profit of 73,000USD when I went to sleep at around 11pm on 12/1/23 I woke up this morning 8:45am on 13/1/23 with my account -12,000 in profit. Some trades can make you go into the minus but to get yourself out of the minus you need to do more trades to counteract the minus. I woke up and the broker had closed all trades without telling me, He didn't even discuss a plan before he did this. I did not give the broker permission to close all these trades. I think they put me into the minus for a reason because a few days ago I advised [Name Removed] manager [Name Removed] that I want to get out of trading as I didnt like what it was doing to me as a person as I feared this would take over my whole life. I advised I would like to just take out my initial deposit of 15,000. [Name Removed] my account manager advised I was not able to take out 15,000 as the account volume was so low. He said withdrawals cant be done with a low volume account but he will help me by getting the account up so I could do this. He told me to put multiple buy/sells on currency's at a volume of 40 each to build up the volume. He said lets sit on this and review this when we have our next meeting schedualed 13/1/2023 @ 5pm Melbourne time. I woke up to find all these trades closed with my profit now sitting at -14.000 down from a profit of 70000 around there. I think he did this on purpose so I will not get any profit yet alone any deposit. I think that they ran off with my initial deposit.. I cant make anything back because I dont have margin to trade anymore until I deposit more money.

On Friday evening I found that new trades were placed on currencies despite me telling the manager I wanted to close the account as I was in a minus balance and have no more money to trade, the Bitcoin robot trades were back up along with US100. I did not give them permission to do this. I also found they added 2000 worth of credit into the account. Where did this free money come from if they spunked all of mine?

I sent [Name Removed] an email asking him to answer some questions such as, how much profit do I need to make before I can get my deposit? I also asked [Name Removed] and the manager of Konoha FX the credentials. I got no reply and they just cancelled my withdrawal request.

KonohaFX if you're reading this, all this could of been resolved if you paid me back my deposit of 15,000usd and closed my account as I asked multiple times as I was feeling uncomfortable. Pay me and multiple people you have scammed.

Update as of 19/1/2023 KonohaFX have refused to answer all questions in my email that was sent to Jay asking for credentials and how much I need to proft before I can have my deposit back. KonohaFX have closed my account this morning. My 15,000USD is gone for good. I am just thankful I didn't deposit more money like hey asked me to.

Date of experience: 13 December 2022

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