HELP! M4Markets Doesn't Withdraw My Funds

I opened account with this broker due to their advertisement that they have ultra low execution time, large liquidity pool, tight spreads in volatile time and A-Book model where all the orders are executed on market.

My trading strategy - scalping on macroeconomical data. No arbitrage and no price manipulation. Scalping is not prohibited with their rules. Who else needs ultra fast execution, tight spread in volatile times and A-Book？ Right, only scalper.

I traded with them for nearly 2 months, made 2k profits and requested my first withdrawal. Just after receiving my withdrawal, they have terminated my accounts and reversed all profits.

My request to provide clarification and proofs by email was ignored despite their representative here claimed to do so in conflict situation.

• Why Is M4Markets NOT A Decent Broker？

M4 markets is an offshore license holder offering a variety of CFDs and cryptocurrencies, stocks, metals, and many other trading instruments with relatively competitive leverage level and spreads different types of accounts, and the most famous industry standard platform. According to these attractive claims, there is nothing wrong with this broker and everything seems normal. However, the face is that the scammers will always promise you the moons and the stars just to earn your trust and get you involved and invest money with them. While once, you submit your personal and banking details, the risk of fraud becomes long-term. With these details, they easily dry up your banking account or can make deals on your behalf.

• How Do Investor Avoid Such Scam？

By checking the M4Markets overall profile on WikiFX, you can see the Seychelles FSA regulatory is an offshore regulatory. WikiFX is a high-tech forex broker inquiry platform. You can do one-stop self-aided broker search (available more than 28,000 global brokers) and read user reviews on WikiFX APP.

• WikiFX Reminder: Always be vigilant and take extra precautions especially when it comes to money matters. Always do your research and don‘t just jump into the hype. If you’re scammed, please keep the evidence and contact us as soon as possible! E-mail: wikifxindia@gmail.com