This is what happened to me... I just gave my request in iforex website.. immediately I got a cal from some ISD # for which a guy asked me to pay $200, for which I reluctantly told I can invest $100 for now.. then he immediately asked me to pay it using a credit card...
Speaking so much in a soothing way.. at once I didnt have any second thought and paid the$100 at once.. even before I think I had paid $100.. only thn I went for checking reviews.. then seeing the reviews I got shocked and asked my money back.. they responded positively asking me to submit my ID & Address proofs. In 20 days time I got my money reversed in my CC.
Only after receiving that I was cool. I have no idea whether they are fraudulent or not.. but thank god I recd my money back.. P.S everywhere the selling rate is higher than buying rate of currencies., but in iforex after u depositing your money the selling rate is always lesser than the buying rate and which eventually results in losses.