Thinking that maybe I am a victim of

By Yvette Edghill, from Barbados, May 16, 2020 at 02:28 PM

Please help me to know if this company I am presently trading with is a good company and not frauds. I have my documents to show I am trading with them. Please advise asap. Whenever I go to make a withdrawal they give me a trade to burn my account. I have lost 7K already. Looking forward to hear from you

Answer: Hi Yvette Edghill,

EverFX Global is an offshore broker, registered in Cayman Islands and cannot be considered as a reliable broker. Besides that, the broker has been deluding its potential clients and investors by using the name and logo of the CySEC-regulated entity EverFX, which has no connection to EverFX Global. After a short research we can surely say that EverFX Global should be avoided at all cost.

Unfortunately, in your case there are not many chances and ways of getting your investment back, and that’s usually the trick with the offshore unregulated brokers. We would recommend you to try and withdraw smaller amounts and of course, stop investing more in your account, no matter what your account manager may say. Also, you can report to your local authorities as well as the financial regulator of your country.

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