Here are the fraudulent brokers and high-risk trading platforms that investors have recently complained about not being able to withdraw their funds!
▶Acetop - its coin dealer used exchange rate difference, green channel fee, margin, credit deposit and other reasons to make the client pay more than 330,000 extra, but still won't let the client withdraw the money.
▶SPC众益鑫 - a money trap that uses high returns to lure investors into deposits.
▶City Wealth - client is unable to withdraw funds.
▶HOPOO - client can't withdraw coins and account is cancelled.
▶DMT Tech - suspected pyramid scheme
▶Cowtrading Wealth - scam, clients are asked to pay various fees but just can't withdraw their funds.
You can view broker information and complaint details on FxGecko APP or website.
If you are a victim of a scam, click here to see what to do after being scammed.
Reminder 1: Don't trust individuals or organisations who claim to be able to get your money back - they may be selling hope and scamming you again. This is especially true if they ask you to pay in advance, which is a "recovery scam".
It is important to note that although the above platform Acetop (Acetop Financial Limited) is regulated by the FCA, the platform where clients deposit and trade is not Acetop Financial Limited, but a coin dealer affiliated with the company, and the interests of clients are not actually effectively protected.
This is one of the common trading scams: using a legally regulated company as a signboard, but actually dealing with clients with an illegitimate subsidiary.
In addition, Acetop has always had a poor reputation and currently has 12 customer complaints, none of which have been answered and resolved.
FxGecko warns you to be wary of such high-risk trading platforms and their associated companies. (You can view the relationship chart in FxGecko APP)
Reminder 2: When you are choosing a forex broker or other trading platform, be sure to do your due diligence. You can check the trading platform's regulatory license, ratings, customer complaints, customer reputation, risk tips and other information on the FxGecko APP. Avoid trading platforms with low ratings, unregulated, and poor customer reputation.
Click here to recognize common investment trading scams to avoid being scammed.
Click here to see how to check if a broker is safe and what to do if you encounter a scam broker.
