My 'broker' is demanding a 'reserve capital fee' to release my withdrawal. Is this a new scam?

asked 14d ago8 views89 answers
0

Hey everyone, feeling really anxious right now. I've been trading with a platform called GlobalPro (I know, should've checked more closely) for a few months, mostly doing forex. I deposited about $8,000 initially, and their 'analyst' helped me 'grow' it to over $20,000. When I tried to withdraw $5,000, they sent me an email saying I need to pay a 'reserve capital fee' of 15% of my profit before they can process it. They're saying it's for 'regulatory compliance' and to 'ensure market stability' because my account is now considered 'high-value.' This just sounds so off to me. I've never heard of a legitimate broker asking for this. My gut is screaming scam, but I'm so desperate to get my money back. Has anyone encountered this specific fee? What should I do?

89 Answers

47

Brittany, I'm really sorry you're going through this, but yeah, your gut instinct is spot on. This 'reserve capital fee' is 100% a scam. It's a classic tactic used by unregulated, fraudulent brokers to extort more money from victims. They invent these ridiculous fees – 'tax fees,' 'liquidity fees,' 'compliance fees,' 'reserve capital' – anything to keep you paying and prevent you from withdrawing. No legitimate, regulated financial institution, whether it's a forex broker or a bank, will ever ask you to pay a fee *from your own pocket* to release your *own funds*. If there were actual taxes or compliance costs, they'd be deducted from the profit directly, or you'd handle it with your local tax authority, not pay it to the broker.

The fact they're calling your account 'high-value' is just manipulation to make you feel special and justify the new fee. Don't pay it. Paying it will only lead to another invented fee, and another, until you either run out of money or finally realize it's a bottomless pit. Your funds are likely gone, and they're trying to milk you for more. Start documenting everything, screenshots of communication, transaction history, everything. This is crucial for any potential reporting or recovery attempts.

Sean Smith · Waterford, Irelandanswered 14d ago
19

Oh wow, Brittany, I'm so sorry to hear this. That's absolutely horrible. It really sounds like a variation of the same old scam tactics. They reel you in, show you 'profits' that aren't real, and then invent excuses to stop you from withdrawing. Please, please don't pay that fee. You'll just be throwing good money after bad. It's designed to make you panic and just want your money back so badly you'll do anything. I've heard so many stories like this, it's heartbreaking. Stay strong and don't let them trick you further.

Laura Fischer · Dresden, Germanyanswered 14d ago
11

Honestly, 15% of your 'profit' as a 'reserve capital fee'? That sounds like something straight outta a bad movie. Like, who even comes up with this stuff? No, seriously, it's probably not new, just a slightly reworded version of all the other bogus fees these sketchy brokers pull. Your gut is right. You're probably already down the rabbit hole, and paying more won't magically make your money reappear. It's a tough lesson, but sometimes you gotta cut your losses.

Mia Gagne · Quebec City, Canadaanswered 14d ago
14

Yeah, Brittany, pretty sure that's a classic scam. 'Reserve capital fee' – lol, they're getting creative. My mate got hit with a 'tax bond' from some dodgy outfit last year. Same story: big 'profits,' then bam, a fee out of nowhere to release the cash. He paid it too, like an idiot, and surprise, surprise, another fee popped up the next week. You just gotta learn to walk away from these things. Tough pill to swallow, I know, but don't give them another cent.

Lucas Martin · Melbourne, Australiaanswered 14d ago
21

Brittany, I am so truly sorry you're dealing with this stress. It's absolutely terrifying when you feel like your money is just trapped. Please listen to everyone saying it's a scam. These types of brokers prey on trust and hope. They create these fake profits to lure you deeper, then invent fees to try and squeeze every last dollar from you. I know you're desperate to get your money back, but paying this fee will just mean you lose even *more*. Focus on reporting them and exploring legitimate avenues for recovery, not on paying their made-up charges. Sending you strength.

Samantha Wilson · Denver, USAanswered 14d ago
9

A 'reserve capital fee' for regulatory compliance? Seriously? That's such BS. Which regulator even asks for that *from a client*? Sounds like they just pulled that out of thin air. It's a common trick, different name, same goal: extract more money. Don't fall for it. Your money is probably long gone if they're playing these games. I'd be looking into chargebacks with my bank asap, or reporting them, but definitely not sending them more cash.

Mia Klein · Berlin, Germanyanswered 14d ago
17

Oh honey, my heart goes out to you. This is such a common, cruel trick these scammers play. They make you think you've made a fortune, get you excited, then hit you with some ridiculous, made-up fee to block your withdrawal. The whole point is to either get more money out of you or to make you give up entirely. Please do not send them any more money. That 'profit' is probably not real anyway, just numbers on a screen. Focus on your well-being now, and try to report them to any financial authorities you can think of in your region. It might feel hopeless, but you're not alone.

Grace White · Newcastle, Australiaanswered 14d ago
12

Hi Brittany, I agree with the others, this is a red flag. The fact that it's a 'fee' to release your 'profit' and they're talking about 'regulatory compliance' but it's not a deduction, it's an upfront payment from you—that's the giveaway. Real regulated brokers, especially in places like Singapore where there's strict oversight, wouldn't pull stunts like this. Any fees would be clearly outlined in the terms and conditions upfront or deducted from the trade itself. A legitimate broker is transparent about fees, not inventing new ones when you try to withdraw. Stop all communication if you can, especially if they start pressuring you.

Hao Goh · Singapore, Singaporeanswered 14d ago
28

Mate, I've been there. Not with a 'reserve capital fee' exactly, but with IronFX offshore, they hit me with a 'server maintenance fee' and then a 'liquidity pool contribution' when I tried to pull out my 'profits.' Total BS. I lost about £5,000 thinking I just needed to pay one more thing to get my money back. It never ends. They just keep inventing new reasons. I eventually accepted it was a complete loss, which was brutal. But what I learned is, once they start with these weird fees, your money is gone and they're just trying to get more from you. Don't fall for it, seriously. It hurts but you gotta cut them off.

Daniel Wright · Manchester, United Kingdomanswered 14d ago
35

Okay, Brittany, to reiterate what Sean said – this is 100% a scam. This 'reserve capital fee' is an invention. Your next steps should focus on *not* paying them any more money and *reporting* them.

  1. Stop Communication: Do not engage further. They will use high-pressure tactics. Block their numbers and emails if necessary.
  2. Gather Evidence: Collect all emails, chat logs, screenshots of your account statements (even if fake), deposit receipts, and any information about GlobalPro you can find. Every detail helps.
  3. Contact Your Bank: Immediately reach out to your bank or credit card company and explain you've been a victim of fraud. Ask about chargeback options for the funds you initially deposited. The sooner, the better.
  4. Report to Authorities: In the US, report this to the CFTC (Commodity Futures Trading Commission) because they oversee derivatives trading, even if this specific platform is unregulated, they track these scams. Also file a report with the FBI's Internet Crime Complaint Center (IC3). You're in Minneapolis, so also check with your state's Attorney General's office.

There are also recovery scam artists who will contact you promising to get your money back for a fee. DO NOT trust them. They are also scammers. Any legitimate recovery efforts wouldn't ask for upfront payments.

Connor Khumalo · Pretoria, South Africaanswered 14d ago
5

Oh, that's a classic advance-fee scam, sadly. They invented this 'reserve capital fee' to squeeze more money out of you before they ghost. A legitimate broker regulated by, say, the FCA or BaFin wouldn't do this. They're just making up rules as they go. Don't send them another cent. The money's likely gone, but stop paying. Reporting them to your local financial crime unit is a good step, but recovering funds from these outfits is extremely difficult. NGL, I've seen too many people fall for this.

Sophia MacDonald · Montreal, Canadaanswered 14d ago
3

Yeah, I fell for something like this last year. Different platform name, same story. They said I had to pay a 'tax' to release my profits. Sent them another $2k. Then poof. Gone. The analyst stopped replying, website was down. It's a total setup. All those 'profits' are fake. They just make numbers on a screen. I reported it to the police, but they said it was too complex, cross-border. So frustrating. I'm still kicking myself. Lost about $10k in total. Just gotta warn everyone I can now.

Jack Taylor · Darwin, Australiaanswered 14d ago
4

This 'reserve capital fee' sounds like pure BS. Why would *your* profit necessitate *you* paying a fee for *their* stability? That makes zero sense. Legitimate platforms usually have withdrawal fees, sure, but they're clearly stated upfront and are a small percentage of the *withdrawal*, not some made-up percentage of *profit* for 'regulatory compliance'. Always check the regulatory body a broker claims to be registered with. A quick search on the regulator's website (like ASIC, for example) can confirm if they're legit or not. If they aren't registered or the details don't match, run.

Mia Walker · Darwin, Australiaanswered 14d ago
3

Urgh, this makes my stomach turn. 'High-value account' just means 'big target' to them. This is a classic pump-and-dump setup, or rather, a deposit-and-demands-more setup. They'll keep inventing fees – 'anti-money laundering fee', 'transfer fee', 'final processing fee' – until you have nothing left, or they just disappear. That 'analyst' is probably a scammer too, just reading a script. Block them and don't engage further. Trying to recover funds is tough, but stopping more losses is priority one.

Liam Bakker · Utrecht, Netherlandsanswered 14d ago
3

I'm so sorry you're going through this. It's a horrible feeling when your money feels trapped. These schemes prey on people's hope for a better financial future. Don't blame yourself; they are very sophisticated. The best thing you can do right now is to stop all communication and any further payments. Gather all the evidence you have – emails, screenshots, transaction records. Then, file a report with your national financial regulator and perhaps even the police. It might not get your money back immediately, but it helps build a case and warns others.

Ibrahim Ahmed · Abu Dhabi, UAEanswered 14d ago
3

Wait — 'reserve capital fee' based on *profit*? That's not a thing. Fees are typically transactional or percentage-based on the *amount being withdrawn*. 'Regulatory compliance' is their smoke screen. If they were regulated by, say, the CFTC, they wouldn't be demanding this out of the blue. They'd have clear terms and conditions. The fact they're asking for *more* money to *release* money you already 'earned' is the biggest red flag imaginable. Don't pay. It's a trap.

Noah Bouchard · Vancouver, Canadaanswered 14d ago
2

Sounds like a common scam. The 'higher the profit, the higher the fee' tactic is used to keep you paying. They show you a big number, then invent reasons why you can't have it without giving them more. Nothin' legitimate works like that. My mate nearly got caught by a similar thing with an 'investment' app – they wanted a 'validation fee' to send him his 'winnings'. He refused, and they blocked him. Better safe than sorry, eh?

Cian Lynch · Cork, Irelandanswered 14d ago
4

This is exactly what happened to me last year with a crypto platform. They called it an 'anti-terrorist financing charge.' I was so stressed. I had made a good profit, or so I thought. I paid the $3,000 they asked for. Then they came up with another fee. That's when I knew. I lost over $15,000 in total. They disappeared soon after. The worst part is the feeling of stupidity, but these guys are professionals at manipulation. I reported it, but nothing ever came of it. Just wanted to share so you know you're not alone.

Henry Martin · Newcastle, Australiaanswered 14d ago
4

Ugh, been there. My husband got caught by something similar through Facebook ads. 'Guaranteed returns!' Yeah, right. They had him trading stocks, then demanded a 'withholding tax' to release his 'profits.' He paid it. Then another fee. He ended up losing like $6,000. We finally just cut our losses and reported it to the FTC. They told us to check BrokerCheck.org for legit brokers in the future. It's a brutal lesson, but a lesson nonetheless. Don't send them more money.

Amanda Rodriguez · Minneapolis, USAanswered 14d ago
3

This whole 'reserve capital fee' thing is pure fabrication. No legitimate financial institution or broker requires you to pay a percentage of your *profit* to unlock your funds. That's not how regulatory capital works at all. If they were regulated by a body like the AFM, their procedures would be transparent and aligned with that regulator's rules. This smells strongly of a scam designed to extract more funds. The best advice is to cease all communication and payments immediately. Report them to your national financial authority, like the CFTC if you're in the US, or equivalent.

Amanda Williams · Portland, USAanswered 14d ago
4

Man, that's rough. I've been there too. Lost $5k to a platform called OptionStarsGlobal about 18 months ago. They hit me with a similar 'tax' to release funds. Told me it was for 'international transfer compliance.' My spouse was furious, rightly so. I’d already put in $7k. They just kept asking for more. Eventually, they just went dark. The analytics they showed me were all fake. Just numbers on a screen designed to look convincing. It's a tough pill to swallow, but you have to stop paying them.

Jason Johnson · Boston, USAanswered 14d ago
3

This is a very common scam tactic. The fake profit number is just bait. They want you to see a big number so you're more willing to pay the 'fees' to get it. The 'reserve capital fee' is made up. A real broker regulated by the FCA or ASIC would not ask for this. They make money through commissions and spreads, not by demanding extra payments from clients to release funds. If they are asking for more money, it's almost certain they have no intention of ever letting you withdraw anything. Stop sending money immediately. You can report them to the relevant financial regulatory body in your country, but recovery is unlikely.

Felix Bauer · Cologne, Germanyanswered 14d ago
4

I'm so sorry. This sounds like the exact same scam that took my savings. They promised amazing returns on forex, then demanded a 'government tax' and a 'legal fee' to release my withdrawal. I paid them about €4,000 in total over two weeks. Then they just vanished. The website is gone, the phone numbers don't work. It was devastating. I felt so stupid, but the scammers are very convincing. They told me my account was flagged for 'insider trading' and I needed to pay to clear it. Just awful. Don't send them anything else.

Mohammed Al Hashemi · Abu Dhabi, UAEanswered 14d ago
3

This 'reserve capital fee' is total garbage. A legitimate broker would never ask for that. If they were properly regulated by, say, the AMF France, they'd have clear fee structures and wouldn't invent arbitrary charges to hold your money. It’s a classic scam to get you to send more money. They create fake profits to lure you in, then invent fees to keep your money. It’s designed to exploit people's greed and hope. You need to stop all contact and report them. Maybe check if they're listed on any scam warning sites.

Noah Roy · Edmonton, Canadaanswered 14d ago
4

That happened to me too! They called it a 'liquidity assurance payment.' I lost $6,000 to a shady forex outfit. They showed me all these charts, made me feel like a genius trader. Then, when I wanted to take out $3,000, they wanted this extra payment. My wife told me to stop, but I thought maybe it was legit. Paid it. Then they wanted more. It was a nightmare. They eventually blocked my account. I reported them to the police, but haven't heard anything back.

Hao Ng · Singapore, Singaporeanswered 14d ago
4

This is textbook. They create a fake trading platform, show you fake profits, and then invent fees to 'release' your non-existent gains. That 'reserve capital fee' is just a new name for an old trick. No legitimate financial regulator (like the Monetary Authority of Singapore, or any other reputable body) requires clients to pay such fees. They might charge withdrawal fees, but they're upfront and part of the service agreement. Stop communicating with them. Report them to your local police's fraud department and maybe your country's securities commission.

Edward Walker · Nottingham, United Kingdomanswered 14d ago
3

Sounds like a complete scam, mate. They're just trying to get more money out of you. A genuine broker, regulated by, say, the FCA, wouldn't pull this stunt. They earn their money through legitimate trading activities and commissions. This 'reserve capital fee' nonsense is a way to trap you. They know if they keep asking for money, eventually you'll stop. But they're hoping you'll keep paying to get your initial deposit back, or the supposed profit. Don't fall for it. Block them and report it.

William Anderson · Newcastle, Australiaanswered 14d ago
4

Warning! This is a scam. I nearly lost $5,000 myself to a platform that demanded a similar 'processing fee' before withdrawal. They were super aggressive, calling me constantly. Thankfully, my brother, who works in finance, told me it was a huge red flag. Legitimate brokers don't demand extra cash like that. If a platform asks for money to release *your* money, it's almost certainly a scam. Report them to the authorities, like the FCA if they claim to be UK-based, but don't send them any more funds.

Aisha Sheikh · Ras Al Khaimah, UAEanswered 14d ago
4

This is precisely the same scam I encountered with IronFX offshore. They also used the 'regulatory compliance' excuse and demanded a 'transfer fee' to release my supposed profits. It was a significant amount, and I was desperate to get my money out. Lost about $12,000 in total. They kept adding new fees. It's all fake. That 'analyst' is part of the scam. Report them to the relevant financial regulator like the ASIC, but honestly, getting the money back is nearly impossible. Just warn everyone you can.

Mei Lim · Singapore, Singaporeanswered 14d ago
3

Yeah, that 'reserve capital fee' sounds like pure fabrication. They invent these to keep you paying. It's a common tactic among scam brokers. They'll show you fake profits to keep you invested, then invent fees to prevent withdrawal. No legit broker regulated by, say, the BaFin, would operate like this. They have clear terms and conditions for withdrawals, and they don't ask for arbitrary fees based on your profit. Don't pay them another cent. Block their communication and report them to your financial ombudsman.

Aoife Murphy · Galway, Irelandanswered 14d ago
6

Oh man, I feel for you. That "reserve capital fee" is a classic red flag. Legitimate brokers like those regulated by the FCA or BaFin don't operate like this. They make their money from spreads or commissions, not by demanding extra fees to release your own money. This is a common tactic used by scam operations to squeeze more cash out of you before they ghost. Don't send them another cent. Seriously, your gut is right.

William Anderson · Edmonton, Canadaanswered 14d ago
4

I'm so sorry you're going through this! It sounds incredibly stressful. You're right to question that fee; it doesn't sound like standard practice at all. Hang in there, and please don't send them any more money. There are ways to report this, even if getting the money back is tough. Focus on protecting yourself from further loss right now.

Sara Khan · Dubai, UAEanswered 14d ago
5

Warning! This is exactly how they lure you in. GlobalPro sounds like one of those fake platforms. They'll keep inventing fees – taxes, legal costs, whatever – until you've sent them way more than your initial $8k. That "reserve capital fee" is pure fabrication. They *want* you to panic and pay. Please, for your own sake, do not send them any more money. Cut your losses and report them.

Naledi Botha · Pretoria, South Africaanswered 14d ago
7

This is a well-known scam tactic. If a broker is regulated by a reputable body like the CFTC or ASIC, they wouldn't ask for such a fee. Regulatory capital requirements are met by the firm itself, not by the client paying a percentage of their profits to 'ensure stability.' It's a manufactured obstacle. The profit you see is likely also fabricated. Reporting this to relevant financial authorities is key, though recovery can be difficult.

Sophie du Plessis · Bloemfontein, South Africaanswered 14d ago
3

Oh no, that sounds like a nightmare! I'm really sorry you're dealing with this. It's completely understandable that you're anxious. Keep trusting your instincts; that fee sounds really suspicious. Don't let them pressure you into paying anything else. We're all here to support you and share what we know to help you figure this out.

Emma Morin · Calgary, Canadaanswered 14d ago
6

This is a scam. The fee is fake. GlobalPro is likely a fraudulent operation. They are designed to look real, making you think you've made profits, and then they hit you with these impossible demands to "release" your money. It's a way to steal more from you. They are NOT regulated, no matter what they claim. Do not pay. Report them immediately to the IC3 (Internet Crime Complaint Center) in the US, or your local equivalent. Every bit of evidence helps.

Naledi Coetzee · Pretoria, South Africaanswered 14d ago
5

That's a textbook advance-fee scam. A legitimate broker, especially one adhering to strict regulations like those enforced by BaFin or the FCA, operates on commissions or spreads. They would never ask a client to pay a 'reserve capital fee' to release funds, particularly one tied to profit. It's an invented cost to defraud you. The 'profit' shown on their platform is almost certainly not real money. I'd advise ceasing all communication and reporting it.

Oliver Thompson · Brisbane, Australiaanswered 14d ago
7

I fell for something similar with OptionStarsGlobal a few years back. They also wanted a "tax clearance fee" before I could withdraw my supposed earnings. Total garbage. They kept my initial $5k. You're smart for questioning it. Don't pay them. They'll just invent more fees. I eventually reported it to my bank and the FBI's IC3, but honestly, getting the money back was a long shot. Learned a hard lesson about unregulated platforms.

Adam Thomas · Marseille, Franceanswered 14d ago
4

This is happening to me right now. They told me I need to pay a 'verification fee' of $1000 to get my $3000 withdrawal. I'm so scared. I don't know what to do. I already sent them $500 last week for something else they called 'admin charges'. What did you do? Is there any hope?

Noor Al Marri · Dubai, UAEanswered 14d ago
5

Absolutely do not pay that fee. It's a fabricated requirement designed to scam you out of more money. Legitimate brokers operate under strict regulations, like those from the FCA or ASIC, and these regulations ensure the broker has adequate capital, not the client paying for 'stability.' This is a common tactic of unregulated, fraudulent platforms. Report them to the relevant financial watchdog in your country and to organizations like the Internet Crime Complaint Center (IC3).

Hannah Goh · Singapore, Singaporeanswered 14d ago
6

This is a scam, plain and simple. The 'reserve capital fee' is made up. They want more of your money. If you were trading with a legitimate, regulated broker (e.g., one registered with the CFTC), they wouldn't have these surprise fees for withdrawals. The platform probably faked your profits anyway. Do NOT send them any more funds. Report them to the FTC and your state's securities regulator. It's unlikely you'll get the money back, but reporting is crucial.

Brian Davis · Phoenix, USAanswered 14d ago
4

Oh goodness, that sounds awful and so stressful! You are absolutely right to feel suspicious about that fee. It's not how legitimate trading platforms work. Brokers regulated by entities like the AFM don't ask for these kinds of 'reserve' or 'compliance' fees from clients. They are definitely trying to scam you. Please, please don't send them any more money. Let us know if you need help finding the right places to report this.

Julia Jansen · Breda, Netherlandsanswered 14d ago
5

This is a known scam. They call it different things – reserve fee, tax, clearance, etc. – but it's always about getting more money from you. If they were a real broker, regulated by say, the FCA or AMF France, this wouldn't happen. Those profits are likely fake. Stop all communication and do not pay. Contact your bank to see if you can do a chargeback, and report them to the authorities. They prey on people's hope.

Mohammed Al Qasimi · Ras Al Khaimah, UAEanswered 14d ago
6

That sounds like a total scam. A legit broker won't ask for a fee like that to release your own money. My cousin lost money to IronFX offshore and they hit him with similar excuses about 'processing fees' and 'withdrawal taxes'. He ended up reporting it to ASIC and his bank, but sadly, the money was gone. Don't send them any more cash. Trust your gut on this one.

Lucas Gagnon · Victoria, Canadaanswered 14d ago
4

I'm so sorry this is happening to you. It's completely understandable to be anxious. That fee sounds incredibly suspicious and is a common tactic used by scam platforms. Legitimate brokers, especially those regulated by authorities like the FCA, would never demand such a fee. Please don't send them any more money. You're doing the right thing by questioning it and reaching out here.

Daniel Byrne · Limerick, Irelandanswered 14d ago
7

They got me. I lost $10,000 to a platform called 'ApexMarkets'. They told me I owed an 'international transfer fee' to get my money out. I paid it. Then they wanted more for 'taxes'. I never saw a cent again. This GlobalPro thing sounds exactly the same. Don't give them anything else. Report it to the FBI IC3. Maybe it helps someone else.

Sean Lynch · Cork, Irelandanswered 14d ago
5

Yeah, sounds like a scam. They told me I had to pay $2000 for 'software activation' to get my supposed $6000 profit. I told them no way. They got really aggressive. I just stopped responding. Lost my initial $1000 deposit but glad I didn't send more. You dodged a bullet by questioning it. Good luck getting anything back.

Henry Williams · Adelaide, Australiaanswered 14d ago
6

This is precisely the kind of scam I fell victim to last year. The platform, which I won't name here but was unregulated, demanded a 'capital gains tax' before releasing my funds. It was a lie. They kept my entire deposit. You must not pay this fee. The supposed profits are likely also fake. Report this to the Australian Competition and Consumer Commission (ACCC) and your bank immediately. Do not send more money.

Noah Nguyen · Hobart, Australiaanswered 14d ago
5

This is 100% a scam. That fee is fabricated. They prey on people who have seen 'profits' on their screen and desperately want to cash out. Real brokers, regulated by the FCA or BaFin, don't operate this way. They make money on spreads or commissions. Your money is likely already gone, and this is just an attempt to steal more. Don't pay. Report them to the FCA if they claim to be UK-based, or your local financial regulator.

Edward Jones · Birmingham, United Kingdomanswered 14d ago
6

A 'reserve capital fee' to release your own withdrawal? Sounds completely made up. Why would a legitimate broker, regulated by, say, BaFin or the CFTC, need *you* to pay that? They have their own capital requirements. This is a typical advance-fee scam. Please, do not send them any more money. Your gut feeling is spot on. It’s probably best to assume those profits aren't real either.

Mia Schulz · Hamburg, Germanyanswered 14d ago
5

Oh absolutely, this is a classic scam. That 'reserve capital fee' is a total fabrication. Legitimate brokers don't operate like that. They might have withdrawal *fees*, sure, but those are usually a fixed amount or a small percentage of the *total* withdrawal, not a percentage of your supposed 'profit' to unlock it. It's just another way for them to squeeze more money out of you before they ghost you.

Don't send them a single cent more. Your gut is spot on.

If you want to report them, look up the financial regulator in the jurisdiction they *claim* to be registered in. For example, if they say they're based in the UK, you'd look at the FCA, but since they're likely offshore and dodgy, you might need to go to the CFTC in the US or ASIC in Australia depending on where their servers might be. This is a huge red flag.

Brittany Young · Denver, USAanswered 14d ago
3

Gosh, that sounds incredibly stressful, I'm so sorry you're going through this. It's completely understandable that you're anxious. When you see numbers on a screen that look like profit, it's easy to get caught up.

My advice? Stop all communication for a bit and just breathe. Gather all your emails and transaction records. You're right to question that fee. It smells really bad. Keep us updated on how you get on, sending good vibes your way.

James Brown · Manchester, United Kingdomanswered 14d ago
4

Hmm, 'reserve capital fee' for regulatory compliance? Sounds like BS to me. If they were regulated, they wouldn't need to ask for this extra cash upfront for some vague reason like 'market stability.' That's not how regulatory capital works. Usually, the *company* has to hold capital, not the customer. The fact that they're demanding money *before* you can withdraw your own funds is a massive red flag. I'd be very surprised if GlobalPro is a real, regulated entity. You should probably assume that money is gone unless you can somehow trick them into releasing it, which seems unlikely.

Andreas Neumann · Leipzig, Germanyanswered 14d ago
6

WARNING: This is a common progression for this type of scam. They lure you in with fake profits, then hit you with an "advance fee" scam to 'release' your funds. The 'reserve capital fee,' 'tax payment,' 'anti-money laundering fee,' or 'withdrawal permit fee' are all variations of the same con. They will keep inventing new fees until you either pay up indefinitely or they just disappear.

NEVER send them more money.

Your only recourse is to report them to the relevant authorities. If they have any US ties (even just targeting US citizens), file a complaint with the CFTC and IC3.org. Also, try to find out where they're *supposedly* licensed and report them there. Don't expect to get your money back, but reporting helps prevent others from falling victim.

Lucas Bos · Amsterdam, Netherlandsanswered 14d ago
5

I've been there. It feels like a punch to the gut, doesn't it? You see that big number, you think you've made it, and then BAM.

That fee is bogus. I dealt with a similar platform called OptionStarsGlobal a while back. They asked for a 'processing fee' and then a 'validation fee.' Just kept asking for more.

My best advice? Cut your losses emotionally. That $8,000 is probably gone, and they *will* invent more fees. Don't send another dollar. Report them. It's incredibly hard, but you have to try and move on. I learned the hard way.

Sophie Walker · Liverpool, United Kingdomanswered 14d ago
3

Wait — 'reserve capital fee'? Sounds like something they just made up on the spot. If it were a real regulatory requirement, it would be something publicly documented, not a secret handshake fee they demand from individual clients. I'm betting that if you paid it, they'd just come up with another excuse. 'Oh, that covered the *initial* reserve, but now your account has triggered a *secondary* stability requirement.' It’s an endless cycle. They're playing you.

Hugo Michel · Marseille, Franceanswered 14d ago
4

Yeah, that sounds incredibly dodgy. 'Regulatory compliance' and 'market stability' are buzzwords they probably use for every client trying to pull their money out. I've seen similar things with investment scams where they claim you owe back taxes or admin fees to release winnings. It's always a pretext to get you to send more money.

I'd be very hesitant to pay anything further. Best to check if they are actually regulated by any known authority like the FCA or BaFin. If their website or communication doesn't clearly show a license number and the regulator's details, it's almost certainly a scam.

Saoirse Walsh · Galway, Irelandanswered 14d ago
7

I'm in a similar boat right now. They told me I had to pay a 'software update fee' before my withdrawal could be processed. I sent them about $1000 for it last week, and now they're saying there's been a 'compliance check' delay and I need to pay another $2000. I feel so stupid and ashamed. I keep telling myself maybe the next payment will release it, but deep down I know it's a lie. My wife is furious, and honestly, I don't blame her. Just wanted to share that you're not alone in this nightmare.

Aaron Goh · Singapore, Singaporeanswered 14d ago
4

This is textbook advance-fee fraud. They build up your account with fake profits to make you feel confident, then when you try to withdraw, they invent a fee. The 'reserve capital fee' is just a made-up charge. It's not a real thing in legitimate forex or investment trading.

If they were regulated by, say, ASIC in Australia or the AMF in France, they would have clear procedures for withdrawals and wouldn't invent these random fees. They're likely operating illegally from somewhere without oversight. Don't pay it.

Olivia Cote · Victoria, Canadaanswered 14d ago
6

Definitely a scam. I've seen this exact pattern with multiple shady platforms. They often claim to be registered with some obscure offshore regulator, or they don't mention regulation at all. The profit you see is entirely fabricated on their platform's backend. They control the numbers.

When they ask for a 'reserve capital fee' or similar, it's a final attempt to extract more money before they shut down your account or go completely silent.

Practical Tip: Always verify the broker's regulatory status on the website of the *actual* regulator (e.g., check the FCA Register if they claim to be UK-based). Don't trust a logo or a claim on their own website. If you can't find them on the regulator's official site, it's a huge red flag.

Leon Meyer · Dusseldorf, Germanyanswered 14d ago
7

My husband lost 10,000 euros to a similar scam last year. They called it an 'international transfer fee.' He paid it, and then they asked for a 'currency conversion charge.' He wired them money from our savings account, thinking it was the last step. They never let him withdraw anything. Then their website just vanished. It was devastating. Please, please don't send them any more money. They are professional thieves.

Marie Weber · Berlin, Germanyanswered 14d ago
5

I was working with a platform called IronFX offshore, and they pulled a similar trick. They showed me huge gains, then when I wanted to take out $2,000, they said I owed a 'tax clearance certificate fee' of $500. I paid it. Then they said my account needed 'auditing' and demanded another $1,000. I was so naive. The money I put in was from my emergency fund. I'm still paying off the credit card I used. Reporting them felt like admitting defeat, but I did it anyway.

Grace Pillay · Cape Town, South Africaanswered 14d ago
3

Oh no, that sounds awful! I'm really sorry you're in this situation. It's so easy to get drawn in when they promise big returns.

That 'reserve capital fee' is definitely not legit. Legitimate brokers don't ask for extra fees like that to release your own money. It sounds like they're just trying to get more cash out of you.

Don't pay it. Seriously. It's a trap. Take a deep breath, you're doing the right thing by asking for advice here.

Lucas Smit · Eindhoven, Netherlandsanswered 14d ago
6

This happened to me too! They told me I needed to pay a 'withdrawal processing fee' of 10% of my earnings. I paid it, and then they said there was a 'compliance verification fee' required because my transaction was large. I wired them another $1,500. They then blocked my account and their support team went dark. It’s been six months and I’ve reported them to the CFTC, but I haven't heard anything back. I’m still in shock.

Sophie Murphy · Galway, Irelandanswered 14d ago
4

Ugh, the 'reserve capital fee.' I've heard this one before. It's just a made-up charge. They'll invent anything to keep you sending money. If you pay it, they'll just say something else came up. Maybe a 'legal review fee' or a 'government levy.' It never ends.

Seriously, assume that $20,000 is not real. The only thing that might be real is the initial $8,000 you deposited, but even that's probably gone. Stop communicating with them and start the reporting process.

Lucas Nguyen · Newcastle, Australiaanswered 14d ago
5

This is exactly how my brother got scammed. He invested with a crypto platform that looked legit, and when he tried to withdraw his 'profits,' they demanded a 'network activation fee.' He paid it. Then they wanted a 'KYC update fee.' He ended up losing almost $15,000. He was so embarrassed he didn't tell anyone for months.

Lesson learned the hard way: If it sounds too good to be true, it almost always is. And if they ask for money to *release* money, it's a scam.

Aoife Walsh · Cork, Irelandanswered 14d ago
5

STOP! Do not pay that fee. This is 100% a scam. They are using common phrases like 'reserve capital fee' and 'regulatory compliance' to sound legitimate, but they are lying.

If they are claiming to be regulated, you can usually check this. For example, if they claim to be in Germany, you can check the BaFin website. If they claim to be in France, check the AMF. If you can't find them on the regulator's official list, they are not regulated and are committing fraud.

Send all your evidence to the relevant financial crime authorities in your country and where the scammer claims to be based. It's a long shot, but reporting is important.

Sophie Walsh · Waterford, Irelandanswered 14d ago
4

I saw my cousin lose nearly €5,000 this way. He deposited money into a platform, saw it grow on their fake interface, and then they asked for a 'holding fee' to release the funds. He paid it. Then they said his account was flagged for 'money laundering' and needed a 'security deposit.' He wired them another few thousand.

He was absolutely devastated. He kept saying, 'But the website looked so professional!' That's what they rely on. They make the scam look slick. I feel for you, it’s a horrible situation.

Layla Ahmed · Al Ain, UAEanswered 14d ago
5

Hey, this is a classic advance-fee scam. The platform is designed to show you fabricated profits. They will *never* let you withdraw that money. The 'reserve capital fee' is just another hurdle they put up.

If they mention being regulated, check the regulator's official website. For instance, the FCA in the UK has a register of authorized firms. If GlobalPro isn't listed, or if they claim a license number that doesn't check out, they're operating illegally. Don't send them any more money. Report them to your national fraud center.

Oliver Wilson · Bristol, United Kingdomanswered 14d ago
6

This is precisely the scenario that regulatory bodies like the CFTC warn about. They display fake profits to entice victims, then invent fees – like this 'reserve capital fee' – to steal more money. It's a shell game. The $20,000 is not real, and neither is the 'profit.'

What to do:

  • Do NOT pay any more money.
  • Gather all communication logs, screenshots of the platform, and transaction details.
  • File complaints with the CFTC (if you're in the US), your national fraud reporting agency, and if they claim to be registered anywhere like the FCA or ASIC, file a report there too.

They are banking on your hope and desperation to keep paying.

Ava Nguyen · Newcastle, Australiaanswered 14d ago
8

Yes, this is a classic 'advance fee' scam. Legitimate brokers, regulated by bodies like BaFin or FCA, do not ask for 'reserve capital fees' or similar excuses to release your own funds. The profit you've seen is likely fabricated. They create this illusion to lure you into paying more money. Report this to your local consumer protection agency and consider filing a complaint with the relevant financial regulator if they claim to be regulated. Sometimes, even if they claim regulation, it's by an offshore entity with no real oversight. Check their regulatory number directly on the regulator's official website.

Lea Hoffmann · Dusseldorf, Germanyanswered 14d ago
7

Oh man, I feel this so hard. I lost $12k to something similar last year with OptionStarsGlobal. They said I had to pay a 'tax clearance fee' to get my supposed earnings out. Just kept piling on fees. Never saw a dime again. My husband told me it was too good to be true, but I was convinced. That $20k sounded amazing, right? Don't send them another cent. It's gone.

Liam Bergeron · Toronto, Canadaanswered 14d ago
6

Reserve capital fee? To release *your* withdrawal? That doesn't track. Legitimate brokers usually deduct fees at the point of trade or have clear withdrawal terms. Asking for a percentage of profits *before* you can access the money sounds like a hook. Are they regulated by a major authority like the FCA or ASIC? If not, or if they can't provide verifiable registration details, I'd be very wary.

Jun Ong · Singapore, Singaporeanswered 14d ago
6

Mate, that's textbook. I got stung by IronFX offshore a few years back, though my story was slightly different – they claimed I needed to pay 'anti-money laundering verification fees' before they'd release my account balance. Took me ages to admit I'd lost money. The key is they *promise* you can withdraw, then invent a reason you can't. Don't pay them. Your $8k is probably gone, but don't let them fleece you for more. Report them to ASIC if they falsely claim to be registered there.

Thomas White · Brisbane, Australiaanswered 14d ago
5

I'm so sorry you're going through this. It sounds incredibly stressful. That fee sounds very suspicious. It's a common tactic in these scams to ask for more money when you try to cash out. You've done the right thing by questioning it. Try not to panic, though I know that's easier said than done. Sending you strength.

Isla Williams · Adelaide, Australiaanswered 14d ago
5

A 'reserve capital fee'? Nah, that's a load of rubbish. Regulated firms have strict rules about client funds and withdrawals. They can't just invent fees to hold onto your money. If they are supposedly regulated by the FCA, you can check their register. If they aren't, or their registration number doesn't check out, it's definitely a scam. These platforms often make up fabricated profits to keep you hooked.

Rachel Brown · Bristol, United Kingdomanswered 14d ago
5

My friend had something similar happen with a crypto 'investment' group. They said she had to pay a 'processing fee' for her withdrawal, which was 10% of her 'earnings'. It's a way to get you to send more money. They're not legitimate brokers. They might claim to be regulated, but often it's by a fake authority or they use stolen regulatory numbers. What makes it worse is that the 'profits' they show you aren't real.

Hugo Richard · Toulouse, Franceanswered 14d ago
4

I’ve been there. Lost R50k to a Forex scam. They told me I had to pay 'insurance' to release my funds. Total rubbish. They showed me numbers that looked real, even had charts moving. It’s all fake. The best advice I can give is to stop communicating with them immediately. Don't send any more money. Go to the South African Reserve Bank and see if they can advise, but honestly, once the money's in their digital wallets, it’s usually gone.

Lerato Ndlovu · Bloemfontein, South Africaanswered 14d ago
4

Oh dear, that sounds really worrying. A reserve capital fee isn't a standard practice for legitimate forex brokers. It's highly likely a scam tactic to get more money out of you. Have you checked if they are properly regulated by the AFM (Netherlands Authority for the Financial Markets) or another EU regulator? If they aren't, or if their registration details are unclear, I'd be very suspicious.

Sem Jansen · Tilburg, Netherlandsanswered 14d ago
4

WARNING! This is a known scam pattern. They inflate your account balance with fake profits, then hit you with a surprise fee to 'release' the funds. That 'reserve capital fee' is nonsense. They are trying to extract more money from you. Do NOT pay it. You're likely dealing with an unregulated scam operation. You should report this to Action Fraud in the UK and also inform the FCA, even if the firm isn't regulated by them, so they can warn others.

Charlie Thompson · Manchester, United Kingdomanswered 14d ago
4

This 'reserve capital fee' is a massive red flag. Reputable brokers regulated by ASIC or the CFTC will have transparent fee structures clearly outlined in their terms and conditions. They don't demand arbitrary percentages of profits upon withdrawal. The 'profits' shown on these scam platforms are almost always entirely fictitious. Stop communication, do not send any more funds, and check if they have any verifiable registration details with the Australian Securities and Investments Commission (ASIC).

Lucas Nguyen · Newcastle, Australiaanswered 14d ago
4

Oh honey, that sounds awful. My sister-in-law fell for something like this last year. They promised her huge returns on an app and then demanded a 'transfer fee' to get her money out. It was a bunch of lies. She lost a couple thousand dollars. The best thing you can do is cut your losses and report them. She reported hers to the Better Business Bureau and the Texas State Securities Board, but unfortunately, she never saw the money again.

Samantha Allen · San Antonio, USAanswered 14d ago
4

I'm sorry to hear this. That sounds like a very common scam that targets people trying to withdraw their money. It's designed to make you pay more money before you realise you've been scammed. Have you checked the Central Bank of Ireland's warning list? Unregulated firms often pop up there. Whatever you do, don't send them any more money. You've likely lost what you put in, but don't let them take more.

Sem de Jong · Groningen, Netherlandsanswered 14d ago
4

Yeah, that's a scam. Classic. They show you fake profits, then invent fees to stop you withdrawing. 'Reserve capital fee' is new slang for 'give us more money'. They *want* you to panic and pay. Don't do it. Check if they are actually regulated by anyone credible. If not, it's game over. You should report it to the FCA, even if they aren't regulated, so the authorities know.

Grace Quinn · Limerick, Irelandanswered 14d ago
4

This is a very common tactic used by fraudulent brokers, especially those not regulated by serious financial authorities like the FCA or BaFin. They create an illusion of profit and then invent these 'fees' – 'reserve capital,' 'tax,' 'verification' – to fleece victims. The crucial step is verifying their regulatory status *directly* on the regulator's official website. Do not trust claims made by the broker itself. It's highly probable your initial deposit is lost, but do not send further funds.

Oliver Wright · Cardiff, United Kingdomanswered 14d ago
3

Oh no, this is so familiar. My auntie got caught by a similar scheme. They told her she needed to pay a 'withholding tax' on her supposed winnings before she could access her account. It was absolute nonsense. She ended up paying them another £1000. The 'profits' are always fake. It's heartbreaking. You need to report them to Action Fraud in the UK immediately. Don't send them another penny.

Fatima Iqbal · Dubai, UAEanswered 14d ago
3

That is absolutely a scam. They make up fake profits to lure you in, and then when you try to withdraw, they invent ridiculous fees like this 'reserve capital fee'. They are preying on your hope to get your money back. Your best bet is to report them to the CFTC (Commodity Futures Trading Commission) if they operate in the US, or your local financial regulator. Do not send them any more money, or they will just keep asking for more.

Emma Dubois · Montpellier, Franceanswered 14d ago
3

I am so sorry you are in this situation. This sounds exactly like the scam my neighbour went through. He lost over €15,000. They kept asking for different fees to release his money. He finally realised it was a scam when they asked for a 'courier fee' for the bank transfer. He never got his money back. Please, please do not send them any more money. Your gut feeling is right.

Olivia Naidoo · Port Elizabeth, South Africaanswered 14d ago
7

Oh wow, Jessica, that sounds *exactly* like the classic "advance fee" scam. They bait you with fake profits and then invent a new fee – 'reserve capital,' 'tax clearance,' 'anti-money laundering fee' – anything to keep you sending them money. GlobalPro is likely just a shell, not a real regulated entity. The fact they mentioned 'regulatory compliance' is a huge red flag, because actual regulated brokers don't operate like this. You should report them to the CFTC, but honestly, getting that initial deposit back is going to be incredibly tough. Never send them another cent, no matter what sob story or new demand they come up with. I'd also check if they have any affiliation with OptionStarsGlobal or IronFX offshore, as those names pop up in similar scams.

Jessica Garcia · Miami, USAanswered 14d ago

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