My 'broker' is demanding a 'fund transfer fee' to release my profits after I closed my account?
Hey everyone, feeling pretty stupid right now. I got lured into this forex trading thing, totally fell for the quick profit promises. It was with a platform calling itself 'EuroFX' – yeah, I know, red flags everywhere now. I managed to actually make some 'profit' according to their dashboard, like, low five figures. When I decided to cash out and close my account, they initially said everything was fine. But now, after waiting weeks, they're suddenly demanding a 'fund transfer fee' to process the withdrawal. They're saying it's for 'international compliance' or something vague like that. It's a significant amount, and I'm really worried this is just another tactic to get more money out of me. Has anyone experienced this specific 'fee' before? Is this a new scam or just standard for shady brokers? I haven't paid it yet. Any advice on what to do next would be a huge help.
asked by Ahmed Al Nahyan· 3d ago