category: Trading Experience

0n 4/24/2022, I was scammed of $1000 US, by an online Forex trader using the name of Mr. Luckman Otunuga. He operates through a WhatsApp business account. Tel # 234-916-330-5468. Email : fxtmtradinginvestment421@gmail.com The business name is FXTM Trading Investment Platform, and Luckman Otunuga is the administrator of the WhatsApp group. As Mr. Luckman Otunuga requested, I deposit the money to a ZELLE account of Xavier Atkins. Email : adrielnathan200@gmail.com Afterwards, I received an email from fxtmtradinginvestment421@gmail.com that contradicted everything that Luckman Otunuga promised with the trading ( double the deposit within 5 hours ). He said that I had to pay another $2000 , total of $3000 which will credit $6000. I replied that I was not interested. I requested a refund, and he told me that I will receive it back in 30 mins. After 2 hours, I again inquired about it , and he said that it was because of a network issue and nothing more. I told him that I will post the email to the group. I have not received my refund, and I have been removed from the WhatsApp FXTM Trading Investment Platform group. He also changed the settings so that only the administrator (him) could contact the group.

need to know if theyre are scam

I have been trading with this broker (uni.co.io) for last 2 months, I have seen amazing results in terms of returns. I have only tried 50 USD withdrawal. There are positive as well as negative reviews in trust pilot, but I am not convinced which are legit. Could you please review their platform or the broker to evaluate whether they are legit or not. And also let me know whether any risk factors are there.

Do you know any brokers that have 1 cent accounts and accept US Citizens as well as EA's. Is there some law that prevents it. I have checked with alot of the brokers on your site. I would appreciate if you could guide me to a broker that accepts US Citizens or if you can tell me what the reason is so I can stop trying or find a way around it. thanks

I interacted with their broker and within a day of depositing , they demanded an upgrade. Now I am suspicious . Please advise if this is a legit broker and website.

Gradually I am with multiple deposits, with the first deposit of 3T, ... and then with more than 10T so now my deposit is more than € 100T invested and I want a refund. He would still have a profit from them for further trading. They demand that I make an additional cash investment of € 50T due to the operation "Equation" on "CL" (oil) first opened with BUY lev. 75 and SELL lev. 78 With two positions, GBPJPY and EURGBP, I still have a good profit, which I generate on CL. We can provide an opinion rating for this company

Since March 2021 I have "invested" almost $60,000Aud with ascentmarkets.com which were previously trading as alpsmarkets.com.based in London. Ascentmarkets are bow under the banner of StoneX Financial or StoneX group. mI been sending money with Bitcoin through my Australian exchange Coinspot. I want to make a withdrawal of around $46,000USD & have been told that I need to have 10% of the withdrawal in my Coinspot a/cfor this to be enabled. Apparently this is a requirement of the "regulators" & they have named FCA, CySec & AFSL. I am very aware of fraudulent schemes & scams & am wary that I might be caught up in one. Is it a definate rule that 10% be lodged before a withdrawal is allowed. Your reply would be much appreciated. 

Is this legit?

I am a beginner and so want to try a demo account. When I attempted to open a demo account with FP Markets and Pepperstone, the United States wasn't listed in the drop-down menu for "country." Do you have any suggestions?