I initially had some success with SydneyFX, withdrawing small amounts without issues after a few months of trading. However, things changed when I was urged to make larger deposits, with warnings that I might lose my original investment if I didn’t. When I decided to close my trades and withdraw the remaining balance, my account manager informed me that I couldn’t withdraw without making another deposit, citing a “verbal agreement” I’d never heard of. My bank in the UK flagged this as suspicious and refused further transfers, even escalating it to the fraud team, which turned out successful. ARNING!! I had my account frozen with my lives savings and it took a month of poor communication and stress (emails saying it’s not guaranteed that i will even get my own money) to get it back. According to SEEKRAIL.COM who was able to help me get my money back, they are an unregulated trading platform and it is an offence to trade without being regulated by the authorized regulatory bodies.
6 months ago
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