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Abstract:I deposited $900 on Firmarkets platform but couldn’t withdraw my profits. The broker said that I needed to pay 15% of the profits to enable my withdrawal.
I deposited $900 on Firmarkets platform but couldnt withdraw my profits. The broker said that I needed to pay 15% of the profits to enable my withdrawal.
Firmarkets doesnt even provide registration numbers or any other regulatory authority. I want to warn others as well not to use this platform. Your money is going one direction only into their account and you will never see it again!
After initial investment of $200, I made profits of $4680. When I tried to withdraw the profits, I got an email from Firmarkets saying that I must pay operation currency conversion fee of about $730. I did pay that, hoping to get my profits. But after that they sent another email, saying that I must pay 15% brokerage fee. It was ridiculous because when I made an initial investment, this was not clarified to me at all.
Account balance
The investment plan I use was bitcoin investment. The transactions were loaded using their bitcoin wallet receive address, so its difficult to get a refund in that case.
Per investigation, Firmarkets is displayed as “no license” with a score of only 1.15 on WikiFX APP, which means the broker is quite risky. It is suggested to download WikiFX APP first, so as to recognize illegal brokers before trading.
Firmarkets just rated 1.15 on the WikiFX APP
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.