My 'broker' EuroFX is demanding a 'fund protection fee' before I can withdraw my profits. Help?
Ok so I got into forex trading a few months ago, invested a decent chunk of change after this guy on Instagram kept showing off his 'results'. I started with what I thought was a reputable platform, EuroFX. At first, everything seemed great, profits were stacking up (on paper at least) and I was feeling good about it. Then when I tried to withdraw, even a small amount, they said my account was flagged and I needed to pay a 'fund protection fee' to get my money out. They said it's for 'regulatory compliance' and to 'safeguard my capital' before releasing it because of 'market volatility'. I've already put in about $7,000 and now they want another $1,500. It feels super dodgy, like they're just holding my money hostage. Has anyone else dealt with this? Is EuroFX a known scam? What can I even do now?
asked by Sarah Allen· 7d ago
