MagKing Forex withdrawal issues

By Yusuf, from Turkey, April 30, 2021 at 10:29 PM

I was trading through MagKing Forex firm. When I wanted to withdraw money, they did not allow me to withdraw money by offering absurd reasons. I have about 30000 dollars now and I cannot reach my money in any way. They want extra money from me to withdraw my money. In this way, they steal people’s money. I think such companies should be known by everyone. That’s why I wanted to write to you. Also, do you have any suggestions for me to get my money?

Answer: Hi Yusuf,

Unfortunately, the website is down and cannot be reached for some reason, it means we are not able to give you a full overview about this entity. We would say it is already a red flag, because the website down is never a good thing. Also, there is a small chance of getting your money back, since the broker has simply disappeared. We recommend you to report about this issue to your local financial authority and definitely stay away from Kfforex and do not invest more if they request.


4 responses to “MagKing Forex withdrawal issues”

  1. hello i am ram from portugal i did trade with magking 37000 dollars when I withdral then they say 24 hrs then wait now again they are telling me I have to pay tax to Canada because I am non Canadian they say is it real because when I get money I have to pay tax my grovment here I have all proof to work with them . can any one suggison me .

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