Fx Pips Base withdrawal issue https://fxpipsbase.com/

By Stephanie Gasmalla, from United States, July 12, 2021 at 10:15 PM

Hello I want to report a spam forex trader. Supposedly they are registered in the UK, at least they are displaying some sort of registration certificate. It was my time to withdraw. I had almost the entire 10% brokerage fee sent over from my blockchain wallet when they all of a sudden emailed me to say that in addition to the broker fee I now need to fork up another $10k “maintenance fee” because my account has become dormant. That is utter nonsense. They don’t offer any contracts and they come up with another fee every week to prepay before you can withdraw your funds. They need to be shut down and reported. Thank you From a stiffed US customer Stephanie Gasmalla

  • Fx Pips Base Withdrawal Issue
Answer: Hi Stephanie Gasmalla,

Fx Pips Base is a forex broker owned and operated by Fx Pips Base LTD. Fx Pips Base LTD claims to be incorporated under the Companies Act 2006 as a private company, that the company is limited and states it is registered under the UK company house registration number 4970928. However, Companies House is only the United Kingdom’s registrar of companies, it is not the regulator that approves licenses for the brokers in the UK. And, of course, there is no information about this broker in the UK’s FCA register. It is obvious that the company is NOT regulated and not allowed to offer financial services, especially to the US clients.

Unfortunately, the chances are very small when it comes to money withdrawals from companies like Fx Pips Base. We would recommend you to report about this issue to your local financial institution.

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