#financial-scam
3 questions tagged with #financial-scam
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.
My 'broker' is demanding a 'reserve capital fee' to release my withdrawal. Is this a new scam?
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?
My 'broker' is asking for a 'profit conversion fee' for crypto profits. Legit or scam?
Hey everyone, I'm feeling so sick to my stomach about this. I've been trading crypto on a platform I found through an online ad, let's just call them 'GlobalTradeFX' (not a real name, just for privacy). I deposited some funds via bank transfer, and then more via crypto, and their 'analyst' helped me trade. My account balance shows a significant profit, which is great, or so I thought. Now, when I tried to withdraw, they're saying I need to pay a 'profit conversion fee' to convert my crypto profits into fiat before they can release it to my bank account. They're asking for about 15% of the profit. This sounds really dodgy to me. I've never heard of such a fee. Is this a common thing in crypto trading? Or am i being scammed? I'm in Singapore, and I'm really worried. I've put a lot of my savings into this. Any advice on what to do?