My 'broker' FXChoice is asking for a 'profit verification fee' to release my crypto profits. Scam?
Okay, so I got lured into this crypto trading thing, seen some ads on social media about making quick cash. Put in about £2k initially, then another £3k when they said I was 'investing' in some hot new altcoin. My account with this 'FXChoice' broker actually shows like £15k profit now, which is wild right? But when I tried to withdraw, they're saying I need to pay a 'profit verification fee' of £1500 before they can release anything. They said it's for compliance and to prove the funds aren't from illicit activities. It seems really dodgy to me, like, why can't they just take it from my 'profits'? This is my life savings nearly. Is this a new scam tactic or is it legit? I'm in London, so thinking of reporting to FCA but not sure if they'd even help.
asked by Emily Smith· 5d ago
