Eone fx broker withdrawal issues www.eonefx.com

By Kulwinder Singh, from India, March 15, 2021 at 04:37 AM

My login in eone fx register from Singapore this company not giving my profit. Trader bharat bhatia and eone fx broker scam together. Pl ask this company give my profit thanks lot

Answer: Hi Kulwinder Singh,

Eone FX is a FX broker operated by the Heart Capital Limited, and claims to be authorized and regulated by the International Financial Services Commission (IFSC) Belize. Belize as a gorgeous tourist destination, while also is a tax haven with a zero tax structure that established its own regulation for financial investment and Forex firms licensing due to high demand and necessity of regulation. Ever since Belize became a known offshore zone and Forex hub, the destination attracted thousands of brokerages seeking an opportunity to be a legitimate firm, yet to skip complicated and costly established procedures. We have a detailed article explaining the risk of trading with brokers from Belize.

The fact that the broker is registered offshore and is not regulated by any reputable authority is already a huge red flag for Eone FX. Unfortunately, there is a small chance of withdrawing your profits and we would recommend to just withdraw your initial investment and stop dealing with this unregulated firm.

 

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