#fxchoice
8 questions tagged with #fxchoice
Unregulated broker FXChoice demanding a huge 'ID verification fee' to process withdrawal. Scam?
Okay so I'm completely freaking out right now. I put about 7,000 GBP into FXChoice over the last few months, trading some CFD stuff, and honestly, it looked like I was doing pretty well, account balance showed like 12k. I tried to withdraw some profit – only 2k to test it out – and they immediately blocked the withdrawal. Now they're saying I need to pay a 'mandatory identity verification fee' of 3,000 EUR to unlock my funds and process any withdrawal. This feels super dodgy. I sent them all my ID when I signed up, utility bills, passport, everything. Why would they need *another* fee for verification, especially one that's so high? I'm in Cardiff, UK, and I'm just sick to my stomach thinking I've lost everything. Is this a common scam tactic? What should I do? Please help.
My 'broker' FXChoice is asking for a 'digital wallet activation fee' to release my crypto. Legit?
Hey everyone, feeling really stupid right now. I got into crypto trading a few months back, thought I was doing great with this broker called FXChoice. They were really helpful at first, you know, guiding me through trades, saying I was making good profits. I put in about 15k EUR over time, mostly from savings, trying to catch up on my mortgage. Now I wanted to withdraw some of my 'profits' – not even the whole amount, just a few thousand – and suddenly they're telling me I need to pay a 'digital wallet activation fee' of like 1,200 EUR before they can transfer anything to my personal crypto wallet. They say it's for 'regulatory compliance' and to 'activate' my wallet for large transfers. This just sounds off to me. I've never heard of anything like this from a legitimate exchange. Is this a new thing or am I getting scammed? I'm in bits here, tbh. Any advice would be huge.
My unregulated broker, FXChoice, says I need to pay a 'risk management fee' to withdraw profits. Is this legit?
Hi everyone, I'm feeling so sick to my stomach right now. I've been trading with a platform called FXChoice for about six months. I started with a small amount, maybe €500, and they assigned me an account manager who seemed really helpful. He kept pushing me to invest more, showing me 'guaranteed returns' and how quickly my money was growing. I saw my balance go up to almost €8,000, which felt amazing. Now, I've tried to withdraw some of it, like €2,000, to pay off some bills. But suddenly, the account manager is saying I need to pay a 'risk management fee' of 15% of my balance to 'secure the withdrawal' because it's such a large amount. He said it's standard procedure for international transfers and that it's fully refundable once the withdrawal clears. He even sent me an official-looking document, but it just feels so wrong. I'm scared I'm losing everything. Has anyone encountered this with FXChoice or any other broker? What should I do?
My 'broker' FXChoice is demanding a 'regulatory compliance bond' to release my profits. Scam?
Hey everyone, I'm really freaking out here. I got into forex trading a few months ago after seeing an ad on social media. This guy, 'Michael', started chatting with me and recommended FXChoice. I put in about $3k, and he 'helped' me make some amazing trades. My account dashboard now shows like $25k profit, which is insane. But when I tried to withdraw, they said I needed to pay a 'regulatory compliance bond' of 15% of my profits, like $3,750, to prove I'm not doing anything illegal. They say it's a new rule for international withdrawals and it's fully refundable after 30 days. Michael is saying it's standard and I should just pay it to get my money. My gut feeling is screaming scam, but the profits look so real. Has anyone experienced this with FXChoice or any other broker? Is this a genuine thing, or am I about to lose even more money?
My 'broker' is asking for a 'digital asset protection fee' to release my crypto. Legit?
Feeling so stupid right now. I got into crypto trading through some ad on Instagram, and this guy 'helped' me set up an account with a platform called FXChoice. Everything seemed fine, even made some decent 'profits' on paper, like, low five figures. So I tried to withdraw a small amount last week, just to test the waters, right? And they're telling me I need to pay a 'digital asset protection fee' first. They said it's like an insurance or a security measure, a percentage of my total profit, before they can process *any* withdrawal. It sounds super dodgy, but they have all my supposed 'funds' locked up. They even sent me an 'official-looking' document about this fee, but it's not from any regulator I recognize. Has anyone else encountered this with FXChoice or any other platform? Is this a new scam tactic? I'm worried if I pay it, they'll just come up with another excuse. I'm based in Sydney, so not sure who to even report this to if it's a scam. Any advice would be appreciated.
My 'broker' FXChoice is asking for an 'anti-money laundering' fee to release my crypto profits. Is this legit?
Hi everyone, I'm feeling sick to my stomach. I've been trading crypto with this platform called FXChoice for a few months now. They seemed fine at first, good returns, really pushy 'account manager' who kept me on WhatsApp. I put in about $12k over time, and my account balance now shows like $35k, which felt amazing. But now I'm trying to withdraw, and they're suddenly saying I need to pay a 10% 'Anti-Money Laundering (AML) fee' of my total profit before they'll release anything. They even sent me some official-looking document about international banking regulations. My stomach just dropped. I've heard some horror stories about these fees being scams. Is this a real thing? Or have I totally fallen for it? I'm in Vancouver, and honestly don't know who to even ask about this here.
My 'broker' FXChoice is demanding a 'fund velocity fee' to release my profits. Is this legit?
Ok so I've been trading with FXChoice for a few months now, thinking I was making some decent progress. They were really helpful at the start, my account manager was always available, always pushing me to put in a bit more, saying 'the market's hot'. I put in about 8k USD initially, then another 5k. My account balance shows a good profit, like double what I put in. I tried to withdraw a portion last week, just to test the waters, you know? And now they're saying I need to pay a 'fund velocity fee' because my money has been moving through the system too quickly or something. It sounds completely mad to me. They want like 15% of my balance! I've never heard of such a thing. Is this a common thing with forex brokers, or am i being scammed? I'm in Singapore, and I'm really worried now about getting my money out. What should i do?
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.