#asic-australia

IronFX offshore won't let me withdraw my profits – just keeps asking for more 'compliance fees'?

Hey everyone, I'm feeling really stupid right now. I signed up with IronFX offshore after seeing some ads and they looked legit at first. I started with a small deposit, like $500, and actually made some decent profits trading crypto CFDs. When I tried to withdraw a few thousand dollars, they froze my account and said I violated some AML/KYC rules. Now, they're demanding a 'compliance fee' of 15% of my profit before they'll process any withdrawal. It sounds super dodgy but they have all my initial deposit and my profits. What do I do? Is this a standard thing with brokers or am I being conned? I'm in Darwin, Australia, and I've heard about ASIC but I'm not sure if they can even help with an offshore broker. Any advice would be so appreciated, I'm really panicking.