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Complaint against Stonewall Capital (stonewall.capital), operated by FINDEXA Advisory (Pty) Ltd.
Mumtaz Ali
Aug 20, 2025
Related Broker:
Stonewall Capital
Regulators: FSCA
Claims: Fund Recovery
Amount: --
Progress: Processing
Mumtaz Ali File a Complaint
Aug 20, 2025

Account opened: May 2025 (initial USD 252, later increased to USD 75,000).

Adviser: Mr. Abdullah Shah Ali agreed to a low-risk, low-profit strategy as I had no trading experience.

By July 2025, account balance approx. USD 228,000, with profits of USD 157,000.

Withdrawal history: only USD 3,600 processed. Later, my USD 2,000 request was rejected, and instead a forced withdrawal of USD 5,000 was made without my consent.

In August 2025, the broker opened high-risk trades worth USD 250,000+ without my consent, draining margin.

13 August 2025: I was contacted by Mr. Anoop Menon, who demanded that I accept a USD 75,000 credit injection or risk total account collapse. I was told to write “Agreed and proceed” by email.

Immediately afterwards, my account access was disabled, and I lost all control of my trades.

I requested closure of open trades and restoration of access, but was ignored.

My pending USD 20,000 withdrawal was denied despite available balance.

The broker is continuously pressuring me to deposit an additional USD 75,000 to “activate” my account, while my current balance shows USD 427366.93 with Profit of 360714.93

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