Archives: Trader Inquiries

Post Type Description

Is fitter-fx scam or not?

Can there be checked if fitterfx global limited is a registrated broker? Only very few information about this company I have allready found on https://find-and-update.company-information.service.gov.uk/company/13223475 Though I have a strange feeling about this company. No reviews to be found. Communication goes by support@fitter-fx.com and also by "Customer Service Mt5 Whatsapp group" having the mobile phone number +44 7419 546017. I have uploaded last part of the whatsapp conversation and here below an email I received: support@fitter-fx.com 14 mei 2021 14:25 (3 dagen geleden) aan mij Oorspronkelijk bericht weergeven Hello, we received your email. We checked your MT5 account because you have received our VIP deposit bonus and you have already used the bonus for trading. MT5VIP bonus rules: You can choose to receive a bonus when the deposit reaches the corresponding deposit bonus standard. Of course, if you get VIP deposit bonus, your account must reach VIP level to withdraw money. Regarding what you mentioned in the question: can the bonus be refunded to MT5? Sorry, this is not enough, because you have chosen to receive this bonus, and your bonus has been used for trading. Therefore, the answer to this question is very clear. Your withdrawal is now waiting to be transferred. Of course, you need to deposit your account into VIP first, and you can withdraw any funds in your account at any time. Thank you for your support of MT5. I wish you a happy day! --------Original message-------- Subject: Requirements for becoming a VIP From: Dries _1 Date: Thursday, May 13, 2021, 1:44 AM Recipient: fitter-fx.com Dear Mr, Since I made a deposit on account 150161 and asked for a deposit bonus, I did not understand the VIP arrangement. I would like to receive complete information on how to become a VIP and what is involved. Are there other restrictions/possibility? Waiting for your response, Sincerely, Dry ries

Bedbrook International Fraudulent website

Bedbrook International lure investors by claiming to be a licenced Australian Forex broker. I have uploaded screenshots of their website where they make these false claims. They have pirated the name of another ASIC licenced Business "Bedbrook Partners" who are investment consultants located in Perth Western Australia. Again these claims made by Bedbrook International are false and I have contacted the principal Australian Financial Services Licence holder of Bedbrook Partners who has confirmed this. He has complained to ASIC about this fraud as have I. I'm happy to provide details if required. Bedbrook International are unregulated brokers and they are practicing a widespread funds defrauding scam upon innocent investors across Australia, Hong Kong, and the USA. This is plainly evident on your website's forum in relation to this company. They should be listed in the Brokers to Avoid category ASAP. Thank you for your consideration to review this info.

MagKing Forex withdrawal issues

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?

Northern Sea broker withdrawal problem

Good work. I registered on the site * www.northern-sea.com * through a Korean friend. This site was introduced to me by my friend as an institution that aims to make money for its customers by trading in the market (Forex market). As a member of this site, I started trading with a bitcoin transfer of about $ 303. My transactions went very well. I wanted to make a withdrawal. The agency told me that I have to pay 10% tax on your earnings as per Hongkong monetary authority rules. I have paid this tax. They didn't invest my money. As I win, tell me that I was cheating and getting inside information (how in international markets? If I am going to get information, now) they froze my account by stating that I need to make a 10% security payment again. I paid this money again and wrote that I wanted to completely withdraw my money from the platform and the institution asked me to pay 10% tax. I also paid this tax. Again, they asked me to freeze my account and pay a 10% penalty, and they stated that I had received information from inside. I also paid this fine. AGAIN they frozen my account. I still haven't withdrawn my money. I am communicating with this institution only by mail. Where can we complain about this institution. Can you help me. I am in a very difficult situation. 

SCAM Trading coast

I have been the victim of fraud of Coast Trading company https://www.trading-coast.com/ru After being persuaded by my financial manager Anna Braun I transferred a total amount of about 8,000 euros to them. The amount supposedly doubled in my brokerage account. When my account manager Anna Braun realised that I would not transfer anything else, she initiated the withdrawal process supposedly to “pay taxes from my profit”. I thought I would get the money with a profit. In order to transfer funds to my bank account, they said, I had to open a safe box in a bank in Cyprus and to pay 1,500 euros as a deposit. I transferred this deposit which was supposed to be returned to me with the whole payment. I received from the financial department (a certain guy called Yaroslav Belov) some algorithm of "technical brokerage account closing". According to this algorithm I had to make more than 40 operations of buying and selling CADCHF, increasing the volume at each operation. During the closing process I allegedly made a mistake and this guy Yaroslav Belov from the financial department said that I had to pay an amount of 2500 euros to cover this technical overdraft. He said this money will be also added to my payment and I will get them back the next day. The next day my payment allegedly fell into the high Risk category of the European Central Bank and I had to pay another €2,500 allegedly as an « enclosure commission » (or barrier commission). He also said that they can easily dispute this commission within a week since this commission is unfair. I transferred everything. But understandably, I never received the money. Now they are demanding a fee of €3,500 allegedly for sending my payment via Western Union (supposedly for splitting my payment into small parts). When I refused to send this commission, they just stopped talking with me. All my payments were made as wire transfers to the different accounts of the third person in Russian banks. The last 5000 euro I transferred via ATM as bitcoin purchase. I also attach the print screen my personal account from their website. I transferred a total of 15 000 euros, all my savings to zero. I understand that I paid the price for my stupidity and overconfidence. But I want to prevent other people from falling into this scam scheme and I want this criminal organization Coast Trading company to stop its crime and lying to people.