My 'broker' is demanding a 'premium withdrawal fee' to release my profits. Is this a new scam tactic?

asked 37d ago14 views49 answers
0

Okay, so I've been dabbling in forex for a few months, mostly through an online 'broker' that my friend recommended. Started small, put in about 2k euros. Then they called me, a guy named 'Mark' with a British accent, seemed legit. He got me to invest more, said there were guaranteed returns, which, looking back, was prob a red flag, right? Anyway, my account shows a decent profit, around 8k now. When I tried to withdraw a few days ago, suddenly Mark says I need to pay a 'premium withdrawal fee' of 15% of my profits, because I'm withdrawing more than 5k and it's a 'special expedited service'. He says it's standard industry practice for larger withdrawals. I've never heard of this. Is this normal? Or am I being played? I'm in Tilburg, nethelands, and tbh I'm getting really nervous.

49 Answers

39

Oh jeez, Milan, I'm so sorry this is happening to you. I live not too far from you, and I almost fell for something super similar last year with this outfit called OptionStarsGlobal. They told me I needed a 'verification fee' to get my money out. My gut screamed scam, and thankfully I listened. I didn't pay it, and yep, poof, my account and 'profits' vanished. Don't pay that 15%, man. They'll just invent another fee. It's a bottomless pit. You won't see your money back by giving them *more* money. Seriously, cut contact.

Liam de Vries · Tilburg, Netherlandsanswered 37d ago
45

Oh man, Milan, this sounds like a classic recovery scam setup, or rather, another layer of the initial scam. A 'premium withdrawal fee' is absolutely not standard industry practice. Not even close. Legitimate brokers make their money through spreads, commissions, or subscription fees, not by holding your profits hostage and demanding a percentage to release them. This 'expedited service' is just a made-up reason to get more money out of you. They'll take that 15%, then come up with another fee – 'tax clearance', 'anti-money laundering', 'regulatory compliance bond' – you name it. They'll keep going until you run out of money or realize what's happening. Stop communicating with 'Mark' immediately. Whatever money you've put in, consider it gone. Your priority now is not to lose any *more* money.

William Gauthier · Toronto, Canadaanswered 37d ago
22

Look, I'm gonna be real with you, if it sounds too good to be true, it probably is. 'Guaranteed returns' in forex? That's your first red flag right there. No legitimate financial instrument guarantees returns. A 'premium withdrawal fee' is total BS. Just think about it: if they had your 8k profit, why would they need *you* to send *them* money to release it? Doesn't make sense, does it? They're trying to milk you for every last cent. Sorry to be blunt, but you're likely dealing with a scam. Don't pay.

Levi Bos · The Hague, Netherlandsanswered 37d ago
17

Ugh, this is so frustrating to hear! Milan, you're not alone, so many people fall for these tactics. That 'premium withdrawal fee' is 100% a scam. They invent these fees to extract more money from victims. They prey on the hope that if you just pay *one more* fee, you'll get your money back. But it never happens. Please, please do not send them any more money. Report this to your local police and possibly an online fraud unit if the Netherlands has one. Keep all your records, screenshots, chat logs, everything. It might not get your money back but it helps track these criminals.

Rachel Johnson · Miami, USAanswered 37d ago
13

Another day, another 'broker' scam. A 'premium withdrawal fee' is straight-up nonsense. Legit brokers have clear fee structures, usually for trading or inactivity, but not some arbitrary percentage of *your own profits* just to get them out. It's designed to make you feel like you're so close to getting your money, just one more hurdle. Don't fall for it. The moment they asked for an *additional* fee to withdraw funds, that was your signal to bail. Your money is gone, I'm afraid. Chalk it up as a harsh lesson.

Christopher Walker · Los Angeles, USAanswered 37d ago
34

Milan, what you're describing is a classic tactic employed by unregulated forex and CFD brokers operating as scams. This 'premium withdrawal fee' is entirely fabricated. Legitimate, regulated brokers, for example, those regulated by the FCA here in the UK, or BaFin in Germany, or the AFM in the Netherlands, would never impose such a fee. Their withdrawal processes are clearly defined, transparent, and don't involve demanding a percentage of your profits back to release your own funds. The goal here is to prolong the scam and extract more money. Any firm asking for an upfront fee to release funds is a red flag. Your next step should be to stop all communication and consider reporting this to the AFM in the Netherlands.

Jack Smith · Nottingham, United Kingdomanswered 37d ago
10

Man, this hits home. I got caught up with EuroFX a while back, lost about 4k. They had this whole 'tax clearance' fee thing going on after I tried to withdraw a small profit. It was just one fee after another. I ended up paying a couple of them because I was so desperate to get my initial investment back, let alone the 'profit'. It was such a stupid mistake. Milan, don't be me. Don't send them one more cent. Your money's gone, man. It sucks, I know. But paying more will only make it worse.

Leon Richter · Dresden, Germanyanswered 37d ago
8

This is a very common trick, Milan. I see this all the time. First, it's 'guaranteed returns', then it's fantastic profits on your screen, but then when you try to touch *your* money, suddenly there's an unexpected fee. 'Premium withdrawal fee', 'expedited service' – these are all made-up terms to justify more demands for money. A real broker processes withdrawals according to their terms, often with a small fixed fee or no fee at all, but never a percentage of your supposed profit like this. This is predatory. Do not pay. You are already in a hole, don't dig it deeper.

Louis Petit · Lyon, Franceanswered 37d ago
5

Ugh, this is exactly what happened to my uncle in Montpellier! He thought he was making a killing with some online crypto thing, similar vibes to your forex. When he tried to withdraw, they hit him with a 'security audit fee', then a 'blockchain verification fee'. It was endless. He ended up losing his initial investment plus all the fees he paid chasing after the 'profits'. My aunt was furious. Don't go down that path, Milan. If they demand *any* fee to release *your* money, it's a scam. Your account balance on their platform? It's just numbers on a screen they control.

Lea Bernard · Montpellier, Franceanswered 37d ago
3

Definitely a scam. I mean, think about it logistically. If they have your 8k profit, they can simply deduct their supposed 'premium withdrawal fee' from that amount before sending it to you. The fact that they're asking *you* to send *them* more money is the clearest sign this is fraud. They want to extract every last bit of cash from you before they disappear. Cut off contact. Change any passwords you might have shared, especially if they got you to download any remote desktop software. Get off their platform, move on. It's a hard lesson, but an important one.

Emma Cote · Montreal, Canadaanswered 37d ago
12

This is a classic scam move, unfortunately. There's no such thing as a 'premium withdrawal fee' in legitimate forex trading. They're trying to bleed you for more money before they ghost you. The 'guaranteed returns' pitch was the first massive red flag. They create a fake profit on your account to keep you hooked. Since you're in the Netherlands, I'd strongly advise reporting this to the AFM (Autoriteit Financiële Markten). They oversee financial services there. Don't send them another cent.

David Hernandez · Houston, USAanswered 37d ago
9

Oh mate, this sounds exactly like what happened to me last year. I lost a good chunk. They called it a 'tax processing fee' for me, after promising the moon. My 'broker' was called EuroFX. Total scam. They had me talking to different 'managers' each time I asked for my money. The profit on my screen looked real, but it was all fake. When I refused to pay, they just shut down my account. You're right to be nervous, trust me. Don't pay the fee. You'll likely never see that money again, but at least don't give them more.

Andreas Koch · Berlin, Germanyanswered 37d ago
10

This is absolutely a scam. 'Premium withdrawal fee' is not a real thing. If you try to pay it, they'll likely invent another fee, or just disappear with your money. They play on greed and hope. I've seen this pattern repeat with OptionStarsGlobal and similar outfits. They make the profits look real to lure you in, then use excuses like this to keep the funds. Your friend recommending them might have been a victim too, or worse, complicit. Report them to the AFM in the Netherlands immediately. And assume the 2k you put in is gone, and the 8k profit is smoke and mirrors.

Niklas Becker · Leipzig, Germanyanswered 37d ago
7

God, that's awful. It's exactly the same story as my cousin's experience. They kept asking for more money, 'verification fees', 'transfer fees'… it never ended. The 'British accent' guy is a common trope they use, probably an actor or someone reading a script. My cousin lost nearly 10k euros. She reported it to the police, but they said with forex scams, especially if the company is based offshore, it's very hard to get money back. She did file a report with the AFM though, so maybe that helps them track these scammers. So sorry you're going through this.

Grace Sullivan · Waterford, Irelandanswered 37d ago
8

This is a textbook scam, sadly. The 'premium withdrawal fee' is just another hurdle they erect to get more money from you. They create a phantom profit on a fake platform to keep you invested. Once you pay the 'fee', they'll likely ask for another one, or simply block your account and vanish. I've heard similar stories involving companies that operate like this, promising the world and delivering nothing. Don't pay them. The most important thing now is to cut your losses and report it. For you in the Netherlands, the AFM is the regulatory body. File a complaint there.

Jia Koh · Singapore, Singaporeanswered 37d ago
6

My friend fell for this exact thing. They called him a 'VIP client' and demanded a 20% 'legal processing fee' to release his 'profits'. It was a total fabrication. The broker, which sounded suspiciously like yours, was not regulated by any major authority. He ended up losing his initial investment plus the 'fees' he paid. He tried to report it, but the website was down the next day and the phone numbers stopped working. It's a common tactic to demand fees to release funds that don't actually exist. Be very careful.

Maximilian Fischer · Leipzig, Germanyanswered 37d ago
5

Oh no, this sounds really stressful! It's completely understandable why you'd be nervous. It's great you're asking around before paying anything further. The 'guaranteed returns' is definitely a huge red flag in trading. Legitimate investments always carry risk. It's good you've identified that. Maybe try looking up the broker's name on the AFM's warning list? They usually list companies that are known to be fraudulent or operating without authorization. Keep pushing for answers from them but don't send more money.

Hannah Teo · Singapore, Singaporeanswered 37d ago
10

This is exactly what happened to me. I was investing in crypto, not forex, but the scam was identical. My 'account manager' insisted I pay a 'security deposit' to 'unlock' my funds. I sent them another $3000. Then they asked for an 'international transfer fee'. I realised I was being robbed. I lost about $15,000 in total. They even sent me fake bank transfer confirmations. The website is still up, but when I try to log in now, it says 'invalid credentials'. I wish I had reported it earlier. Please report this to the relevant authorities.

Hassan Sheikh · Dubai, UAEanswered 37d ago
7

This fee is 100% a scam. They invent these fees to extract more money. The profit you see is likely not real; it's just numbers on a screen designed to keep you paying. I had a similar experience a few years back with a crypto platform. They called it a 'liquidity adjustment fee'. Total BS. I paid it, then they asked for another. I got wise and stopped. Lost my initial investment but refused to pay more. Report them to the Dutch regulator (AFM) and your local police. They are probably operating illegally.

Michael Young · Minneapolis, USAanswered 37d ago
9

This sounds like a classic investment scam. They lure you in with promises of easy money and then invent fees to keep you paying. The British accent is probably just a script. If they were legitimate, they'd be regulated and clear about fees. Check if this 'broker' is registered with the AFM. If not, it's a massive red flag. I saw a similar thing happen to a colleague who used a platform called IronFX offshore – they pulled a similar trick. Don't pay any more money. You've likely lost your initial investment and the 'profits' are fake.

Chloe van der Merwe · East London, South Africaanswered 37d ago
8

I'm so sorry you're dealing with this. This is exactly how they got me too. My 'broker' asked for a 'compliance fee' to release my 'earnings'. I paid it, thinking it was the last step. Then they asked for an 'anti-money laundering' fee. It was endless. I ended up losing around 5,000 euros. The website looked so professional, and the guy sounded so convincing. I reported it to the French regulator, AMF, but they told me the company was based offshore and very hard to trace. Please, please don't send any more money.

Mia Garcia · Bordeaux, Franceanswered 37d ago
6

This sounds painfully familiar. My neighbour went through this. They called it a 'capital gains tax adjustment fee' or something equally made-up. She paid it, then they invented another fee. She lost about £15,000. The website disappeared a week later. The police couldn't do much because the company was supposedly registered in a place with no extradition treaty. She was devastated. It's a terrible trap. That 8k profit is almost certainly not real money. Don't pay another cent.

Hui Chan · Singapore, Singaporeanswered 37d ago
8

Ugh, this is a nightmare scenario. The 'premium withdrawal fee' is a well-known scam tactic. They create fake profits on a dashboard to keep you investing and then invent fees to 'release' the money. If you pay this, they'll just invent another fee or claim there was a 'technical error' and shut down your account. The initial recommendation from your friend is concerning. Always, always check if a broker is regulated by an authority like the AFM in the Netherlands, BaFin in Germany, or the FCA in the UK. If they aren't, it's a major warning sign. Don't send them any more money.

Liam Ndlovu · East London, South Africaanswered 37d ago
11

Okay, hold on. A 'premium withdrawal fee'? That doesn't sound right at all. My first thought is always: Is this regulated? For forex, you want to see a regulator like the AFM (Netherlands), BaFin (Germany), or CFTC (US) on their site. If they don't clearly display it, or if it's some obscure offshore entity, run away. The 'guaranteed returns' part was already a massive klaxon for me. They create fake profits on a demo account or a fake portal. Don't pay that fee. The money you see is likely not real, and they just want more cash before disappearing.

Louise Martin · Nantes, Franceanswered 37d ago
7

This sounds exactly like the kind of scam I read about. They make the profits look real on their platform, and then when you try to withdraw, they hit you with these bogus fees. It’s a way to squeeze more money out of victims before they realize they’ve been scammed. The fact that your friend recommended them is worrying, but sometimes people genuinely don't know they're involved in a scam. You should definitely check if the broker is regulated by the AFM in the Netherlands. If they aren't licensed, you're dealing with criminals.

Sophia Pelletier · Calgary, Canadaanswered 37d ago
6

Oh, that's rough. Hang in there. It's super common for these fake brokers to invent fees like that when you try to cash out. The fake profit on the screen is designed to make you feel like you're winning, so you're more likely to pay the fake fee. It's all a confidence trick. Did you check the AFM website for warnings about this broker? They have a list of scam outfits. It's better to cut your losses now and not send them any more money, even if it feels like you're leaving 'profit' on the table. That profit isn't real anyway.

Noah Taylor · Perth, Australiaanswered 37d ago
9

My brother-in-law had a very similar situation. He was trading stocks, not forex, but the tactic was the same. They demanded a 'transfer fee' to release his 'winnings'. He paid it, and then they asked for a 'tax payment' from his 'home country'. He lost about $20,000 AUD all up. The broker was supposedly based in Cyprus, but vanished overnight. The money you see in your account is likely numbers on a screen. Don't pay the fee. Report it to the Australian Securities and Investments Commission (ASIC) if you were in Australia, but since you're in NL, it's the AFM you need.

Grace Goh · Singapore, Singaporeanswered 37d ago
8

This is such a common scam tactic, I'm so sorry you're going through it. They create a fake trading platform, show you fake profits, and then invent fees like this 'premium withdrawal fee' to steal your money. The British accent is likely just a hired voice actor or someone reading a script. Don't pay it. You will lose that money and they will likely disappear. The best thing you can do is report them to the AFM (Autoriteit Financiële Markten) in the Netherlands. They maintain lists of fraudulent companies.

Charlie Green · Bristol, United Kingdomanswered 37d ago
10

Definitely a scam. There's no such thing as a 'premium withdrawal fee' in legitimate trading. They create a fake profit on your account to keep you investing more and then invent these fees to take your money. It’s a classic bait-and-switch. Since you're in the Netherlands, the AFM (Autoriteit Financiële Markten) is the financial regulator. Check their website for warnings about this broker. If they aren't listed as authorized, you have your answer. Don't pay them another euro. The profit you're seeing is just numbers on a screen.

Liam de Vries · The Hague, Netherlandsanswered 37d ago
12

This sounds textbook. There's no such thing as a 'premium withdrawal fee' in legit forex trading. They're trying to squeeze more money out of you before they ghost. The British accent and the 'guaranteed returns' pitch are classic indicators. These scammers operate globally. Your broker is almost certainly not registered with any proper financial authority like the AFM in the Netherlands, which you should check. They will keep inventing fees until you either pay a huge sum or realize it's a scam and they disappear. Don't send them another cent.

Lukas Weber · Dresden, Germanyanswered 37d ago
8

Oh man, been there. Exactly the same thing happened to me last year with some outfit called OptionStarsGlobal. They hit me with a 'tax verification fee' right after I made a decent profit. Said it was standard. It's not. It's a classic move to get you to send more money. My heart sank. I ended up losing what I put in initially, but thankfully I didn't pay the extra fee. They just kept moving the goalposts. Eventually, their website went dead. My advice? Cut your losses now. Report them if you can, but honestly, just consider the money gone. I felt so stupid afterwards.

Liam Naidoo · Cape Town, South Africaanswered 37d ago
10

Absolutely not normal. This is a well-worn scam tactic. They bait you with profits and then lock your money behind fabricated fees. That 'premium withdrawal fee' is a fictional charge. A legitimate broker would never demand this. Your friend who recommended them might have been duped themselves or, worse, is part of the setup. You need to stop communicating with 'Mark' and the company immediately. Do not pay any more money. They are trying to scam you further. The UK has the FCA, BaFin is in Germany, but check with the AFM if you're in the Netherlands.

Oliver Walker · Bristol, United Kingdomanswered 37d ago
7

My sister went through something almost identical in Singapore. They called it a 'liquidity processing fee'. Same story: promised returns, then a big fee to withdraw. She was devastated. She eventually reported it to MAS (Monetary Authority of Singapore), but they said without proof the broker was even real, it was hard. She ended up losing a good chunk. Don't send any more money, seriously. That's their main goal. She said if she could go back, she would have checked their regulatory status *before* investing a single dollar. It's a painful lesson.

Rachel Wong · Singapore, Singaporeanswered 37d ago
9

Woah, that sounds exactly like what happened to my cousin with EuroFX. He put in $3000 CAD, made about $10k, and then BAM – 'compliance fee' for withdrawing. He paid it. Then they wanted a 'transfer tax'. He never saw a dime. They just kept asking for more. He got referred by someone on social media, who later blocked him. He reported it to the IIROC, but they said if the company wasn't registered in Canada, they couldn't do much. He learned the hard way to always verify a broker's registration with the provincial securities regulator *before* sending any money. Tough break, man.

Logan Gagnon · Montreal, Canadaanswered 37d ago
6

I think I was with the same broker, or one very like it. Mine was called IronFX offshore (or something similar). They promised the moon, I invested like 5k AUD, and when I asked to withdraw my small profits, they said I owed a 'capital gains tax' upfront. My husband told me it sounded fishy, but I was so excited about the 'profits'. I nearly paid it, but then I saw a post here about the same thing. I pulled out all my initial investment, but the profit was gone. They stopped answering my emails. I reported it to ASIC but haven't heard anything. I wish I'd listened to my gut.

Grace Harris · Sydney, Australiaanswered 37d ago
5

I'm so sorry you're going through this. It sounds like a very common scam. Those 'guaranteed returns' are a massive red flag. No legitimate investment guarantees profits. And the withdrawal fees are just made up to get more money from you. It’s horrible. Don't send them any more money. Your best bet might be to check with the AFM (Autoriteit Financiële Markten), the financial regulator in the Netherlands. They might have advice or a process for reporting scams like this. Stay strong, and don't let them exploit you further.

Lucas Bernard · Toulouse, Franceanswered 37d ago
7

This is exactly how they got me. I invested $4,000 with a 'broker' in Cyprus. After a few weeks, I saw about $7,000 on my account. Then they told me I had to pay a 20% 'international transfer fee' to get the money out. I paid it. Then they said the bank needed proof of funds, so I had to send another $2,000 for 'anti-money laundering verification'. I was so angry and scared. Lost everything. That 'Mark' guy is a ghost, probably not even real. Never trust 'guaranteed returns' or unsolicited calls.

Steven Jones · Chicago, USAanswered 37d ago
8

I've seen this play out so many times in Cape Town. It's heartbreaking. The 'premium withdrawal fee' is pure fiction. They are predators. They lure you in with the promise of easy money, and once you're hooked, they invent problems to keep your cash. Report them to the Financial Sector Conduct Authority (FSCA) in South Africa, even if they're not based here, it helps them track patterns. Also, warn your friend who recommended them. They might be a victim too, or worse. Don't pay them anything else. Block them.

Olivia Naidoo · Cape Town, South Africaanswered 37d ago
11

Hmm, 'premium withdrawal fee'? Never heard of that in my 10+ years trading commodities and forex. Most platforms charge a small transaction fee for withdrawals, maybe a few dollars, but never a percentage of profits, especially not a 'premium' one. And 'guaranteed returns' are a massive red flag. If it sounds too good to be true, it usually is. Has this broker provided you with their regulatory license number? You should be able to verify that with the relevant authority, like the CFTC in the US, or BaFin in Germany. If they can't provide it, or it doesn't check out, walk away.

Michael Brown · Seattle, USAanswered 37d ago
4

Oh dear, that sounds awful! I'm really sorry you're in this situation. It takes a lot of courage to put your money out there, and it's just not fair when this happens. What you can do is check if this 'broker' is registered with the AFM (Autoriteit Financiële Markten). If they aren't, it's a huge red flag. You can search their register online. They are there to protect investors. Even if they can't get your money back, reporting it to the AFM is crucial. Don't lose hope, and don't pay them any more money. Sending you good vibes.

Lina Laurent · Nice, Franceanswered 37d ago
6

My dad lost nearly $15,000 like this. He invested with a company that promised high returns on crypto. They said he needed to pay a 'capital gains tax' to withdraw. He paid it. Then they said his account was flagged for 'money laundering' and he needed to deposit another $5,000 as a 'security deposit'. He emptied his savings. They disappeared after that. He was absolutely broken. That 'Mark' guy is lying. There is no such fee. He wishes he had reported it to the FBI's IC3 (Internet Crime Complaint Center) immediately.

Logan Pelletier · Calgary, Canadaanswered 37d ago
5

This is sickening. I know someone who was caught by a similar scam in Australia. They were told they had to pay an 'international transfer fee' to get their winnings out of an online casino, but it sounds like the same principle. The broker is just inventing excuses to get more money. The 'guaranteed returns' and unsolicited calls are huge red flags. Report this immediately to the AFM (Netherlands' financial regulator). They might not be able to recover your funds directly, but they can investigate and warn others. Don't give them any more cash.

Rachel King · Atlanta, USAanswered 37d ago
4

It breaks my heart to read this. I was in a similar boat a few years ago, got scammed out of $3,000. They kept asking for more fees. I finally stopped when they asked for a 'currency conversion fee'. My husband said, 'That's it, they're robbing you.' I wish I had known about reporting sites then. Please, please report this company to the AFM. They might not get your money back, but it helps them track these criminals. Never, ever trust 'guaranteed returns' or unexpected fees from brokers.

Niamh Ryan · Galway, Irelandanswered 37d ago
10

This scenario is a classic indicator of a fraudulent operation. Legitimate brokers do not impose 'premium withdrawal fees.' Such fees are fabricated to extract additional funds from unsuspecting investors. Before investing, always verify the broker's authorization with the relevant financial regulatory body. For operations in the Netherlands, this would be the AFM. If the broker is unregulated or regulated by a body in a non-reputable jurisdiction, it's a significant warning sign. Avoid paying any further fees, as this will only lead to further demands.

Mason Morin · Winnipeg, Canadaanswered 37d ago
7

Ugh, the ol' 'withdrawal fee' scam. Been there, done that, got the t-shirt. I lost about $1,500 to a forex outfit last year. They said I needed to pay a 'transfer fee' to get my profits out. Sounded legit enough at the time. Paid it. Then they wanted a 'government tax'. Nope. I just walked away. It was infuriating. They probably operate out of Eastern Europe or somewhere shady. Always check if they're regulated by a proper authority like BaFin or the FCA. If not, run.

Edward Wright · Liverpool, United Kingdomanswered 37d ago
11

This is a very common fraudulent scheme. The 'premium withdrawal fee' is a fabrication designed to extort more money from you. No regulated financial institution operates this way. The 'guaranteed returns' are also a major red flag. I strongly advise you to cease all communication with this entity and do not send them any further funds. You should consider reporting this incident to the Autoriteit Financiële Markten (AFM) in the Netherlands. While recovery might be difficult, reporting is essential to help authorities track and potentially shut down these operations.

Henry Anderson · Sydney, Australiaanswered 37d ago
6

Mate, this is a classic Australian scam. They promise the world, then hit you with made-up fees. My mate lost $10k to a crypto scam like this. They called it a 'processing fee' for withdrawals over a certain amount. Never pay it. Report them to ASIC (Australian Securities and Investments Commission) if they have any Australian connection, or to the AFM if they're operating in the Netherlands. Seriously, don't send them another dollar. They'll just invent new fees until you're bankrupt.

Hui Tay · Singapore, Singaporeanswered 36d ago
9

This is a well-documented scam. The fee you're being asked to pay is fictional. These criminals prey on greed and desperation. They promise unrealistic profits, and when you try to withdraw, they invent fees. The best advice is to stop all communication immediately and do not send any more money. Report the incident to the AFM in the Netherlands. They are the financial regulator and have mechanisms to deal with these complaints. It's crucial to file a report so they can investigate and potentially warn others about this fraudulent broker.

Sophie Muller · Cologne, Germanyanswered 36d ago
10

Sounds like a total scam. I worked in financial compliance for a bit, and we never saw anything like a 'premium withdrawal fee'. There are legitimate transaction fees, sure, but this is different. The 'guaranteed returns' is the biggest giveaway. Always check if your broker is regulated by a trusted authority. For the Netherlands, it's the AFM. You can usually find their registration number on their website and then check it on the AFM's official register. If they can't provide it or it doesn't check out, it's a scam. Don't pay them anything else.

Sophie Walker · Adelaide, Australiaanswered 36d ago

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