Taiwan Securities and Futures Bureau said that this should be a financial fraud.

The international forex broker (yostlm Saafan Marktes) claimed that it had recently held a so-called gold price difference compound interest investment (CFD) with a Taiwanese investment consulting company (Huanyu). The platform was registered in Saint Lucia on May 15, 2024, and it is not an NFA member for less than a year. As for the domestic investment consulting company (Huanyu), I learned through a phone call that the company does not have a so-called line group and compound interest investment plan, and is not a domestic legal futures trader. However, the international forex broker (yostlm) stated that the implementation of the plan requires face-to-face cash payment with the exchanger to obtain USDT virtual US dollars in order to trade foreign exchange on Meta Trader5. The minimum deposit amount is NT$100,000, and nearly half of the profit is required to be given to the forex broker. The platform did not set a negative balance protection, so the position was liquidated (more than US$5,000 and a margin of US$3,200). Now the forex broker (Yang Zongxing) requires the negative balance to be filled, otherwise it will sue in the name of the company (yostlm Saafan Marktes)... At the same time, I sent a letter to the Securities and Futures Bureau for verification. The domestic investment consulting company (Huanyu) has issued a statement on May 2, 2013 to clarify that the company will not conduct any advertising activities through social media, websites, television, radio, etc., to recruit members, recommend domestic and foreign stocks, and foreign exchange, and to operate on behalf of others. Therefore, it is determined that this foreign exchange platform is a platform with a very high risk of fraud.