Tring to get my withdrawal but said I have to pay a withdrawal fee of $675

By Rena Addison, from United States, November 30, 2020 at 10:39 PM

Trying to get my money but said I have a fee before I withdrawal first it was 6,740 and now its $675. I haven’t been doing anything with my account since June of this year and my funds are still there. Is this legit

  • Tring To Get My Withdrawal  But Said I Have To Pay A Withdrawal Fee Of $675
Answer: Hi Rena Addison,

Need2tradefx is not a regulated broker. The registration info provided on the website belongs to another company (Capital Index (UK) Limited Reference number: 709693) and there are no mentions of the need2tradefx in FCA register. It seems like Need2tradefx is just another clone company trying to deceive its clients.

Clone firms use some or all of the details of a genuine entity, aiming to convince investors they are indeed the authorized company or that they work with them. Fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called. They may use the name of the genuine firm, the ‘firm reference number’ (FRN) we have given the authorised firm or other details. Such companies should be avoided at all costs.

Unfortunately, there is a small chance of getting your money back from such firm. We advise you to report about this issue to your local finance authority or police.

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