By Lynn de Jongh, from South Africa, January 2, 2021 at 03:38 PM

I have invested with this company and they just keep asking me for more money before I can withdraw my money or profits. I have given them over R11000 and they want another R5500 before I can withdrawal. Makes no sense, I am unemployed and don’t have funds just lying around

  • Mrs
Answer: Hi Lynn de Jongh,

It seems like livefxtrades2010 is just another forex scam. The broker does not provide any information about it’s US license (that’s where it claims to be located) and there is actually no regulatory details about this broker online that only proves the fraudulent nature of this company. We strongly advise you NOT to invest more with livefxtrades2010 as you won’t be able to withdraw your funds.

Unfortunately, there is a very small chance of getting your money back. You can try to withdraw smaller amounts first. Also, you can report about this issue to your local regulatory authority.

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