Archives: Trader Inquiries

Post Type Description

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 I still haven't withdrawn my money.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.

Is TriumphFx legit?

Would like to check legit of broker TriumphFx? Triumph Int. Limited is a company registered in 2283 Columbus Centre, Road Town, Tortola, British Virgin Islands. Triumph Int. Limited is a company registered in S.I.P. Building, P.O. Box 3010, Rue Pasteur, Port Vila, Vanuatu. Triumph Int. Limited is regulated by Vanuatu Financial Service Commission (License number: 17901).