Scam Broker Handled by YoForex
I want to share my real experience with Flexy Markets, a broker that is promoted and connected with Yoforex, which claims to have more than 1 million followers on Telegram and offers services like signals, account management, EA trading, and prop firm passing.
Based on my experience, I strongly believe Flexy Markets is not a trustworthy broker, and Yoforex appears to be directly involved in controlling accounts and manipulating outcomes.
Account Opening & Initial Deposit
Yoforex advised me to open an account with Flexy Markets. Trusting their reputation, I opened an account and deposited $4,500.
Within 3 days, the account made a small profit of around $150.
Withdrawal Issues & Hidden Conditions
Due to a personal emergency, I requested a $500 withdrawal.
Yoforex strongly warned me not to withdraw, but I still initiated a withdrawal of $4,600 (capital + profit).
The withdrawal was rejected, stating a new hidden rule:
👉 Minimum trading volume of 300 lots is required to withdraw.
This rule was never disclosed before depositing.
Account Management & Profit Sharing
Later, Yoforex convinced me to allow account management, promising to guide withdrawals.
• December profit: $700
• January 5: They instructed me to withdraw $700
• Profit split: 70/30 (client/Yoforex)
The withdrawal was processed in USDT to my Binance account, and profit sharing was done.
So far, everything looked normal and trustworthy.
Major Loss Due to EA & No Stop Loss
In January, the account made around $1,600 profit.
When I requested withdrawal, Yoforex approved it.
However, suddenly the market crashed, especially XAUUSD.
They were using an EA that only places BUY trades, with:
• ❌ No Stop Loss
• ✅ Only Take Profit
When gold crashed, my account went into huge drawdown:
• Balance drawdown: ~$4,000
• Equity dropped below $700
I immediately contacted Yoforex and requested:
• To add bonus (they had promised earlier they would add bonus if margin was low)
• Or to close trades to save remaining capital
They refused to add bonus, contradicting their earlier promise.
MT5 Account Disabled – Extremely Suspicious
When I clearly said:
“I will close all trades to save my capital”
Suddenly, my MT5 account got disabled.
This is highly suspicious because:
• MT5 worked perfectly before
• It was disabled exactly when I said I would close trades
• How would the broker know my intention unless Yoforex and Flexy Markets are directly controlling accounts?
This strongly suggests account manipulation and broker interference.
Contradictions & Final Response
Earlier, Yoforex had shared a receipt stating:
If the account is blown while using EA, a partial refund will be issued.
Now they are saying:
• ❌ No refund
• ❌ No trade closure
• ❌ No support
Their final response was:
“Kindly watch the market, win or lose.”
They literally told me to silently watch my money get wiped out.
Conclusion
This experience clearly shows:
• Flexy Markets is not transparent
• Withdrawal rules are hidden
• EA trading is reckless
• Accounts can be disabled without reason
• Support is non-responsive
• Yoforex appears to be controlling Flexy Markets, benefiting from client losses
👉 The system seems designed for clients to lose money, so the broker and related parties profit.
⚠️ I strongly warn others:
Do NOT trust Flexy Markets or any broker promoted by Yoforex for account management or EA trading.
30. januar 2026
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