Unregulated MT5 broker 'GlobalTradeFX' disappeared with my funds, can I get them back?
Hey everyone, I need some help and maybe just to vent a bit. I got roped into this 'forex trading' thing about two months ago. It started with a sponsored ad on Instagram, then a chat on Telegram. This guy, called himself Alex, was super convincing. He got me to sign up with a broker called GlobalTradeFX, which used the MT5 platform. It all looked legit, you know? I put in about 5,000 EUR, made some good profits according to their dashboard, like it tripled. When I tried to withdraw last week, they just... froze the account. No emails, no replies to my messages. Their website is still up but the login just spins forever. I feel so stupid. I even checked their 'licensing' and it looked like some random number on Malta. Is there any way to recover my money from these scams? I live in Montpellier, this is a lot of money for me.
asked by Louis Robert· 0d ago
