broker withdrawal issues

Pan1234

Tham gia từ Jul 21, 2023 5bài viết

Sep 01, 2023 at 05:13

Tham gia từ Jul 21, 2023 5bài viết

Hello fellow traders,

I have been trying to withdraw my deposit from the broker and it has been a few months with many emails going back and forth. I am getting worried at this stage and trying to find ways to recover my funds. Any guidance/suggestions would be appreciated in dealing with this type of broker. If I have to get a lawyer, suggestion would be appreciated.

Thanks

bardachok

Tham gia từ Feb 12, 2016 127bài viết

Sep 01, 2023 at 07:42

Tham gia từ Feb 12, 2016 127bài viết

Pan1234 posted:
Hello fellow traders,

I have been trying to withdraw my deposit from the broker and it has been a few months with many emails going back and forth. I am getting worried at this stage and trying to find ways to recover my funds. Any guidance/suggestions would be appreciated in dealing with this type of broker. If I have to get a lawyer, suggestion would be appreciated.

Thanks

Never had such issues with Hotforex despite that I used some risky strategies like latency and swap arbitrage. Did you check regulation of your broker? What is the reason they reject your withdrawal?

kiffe93

Tham gia từ Sep 01, 2023 1bài viết

Sep 01, 2023 at 10:20

Tham gia từ Sep 01, 2023 1bài viết

Salut, quel courtier svp ?

Pan1234

Tham gia từ Jul 21, 2023 5bài viết

Sep 04, 2023 at 06:51

Tham gia từ Jul 21, 2023 5bài viết

bardachok posted:
Pan1234 posted:
Hello fellow traders,

I have been trying to withdraw my deposit from the broker and it has been a few months with many emails going back and forth. I am getting worried at this stage and trying to find ways to recover my funds. Any guidance/suggestions would be appreciated in dealing with this type of broker. If I have to get a lawyer, suggestion would be appreciated.

Thanks

Never had such issues with Hotforex despite that I used some risky strategies like latency and swap arbitrage. Did you check regulation of your broker? What is the reason they reject your withdrawal?

They kept delaying for 5 months. They said they will transfer via email but did not transfer. I am not sure how to check the regulation of the broker. They are registerd in St Vincent and Grenadine and Vanuatu and branch offices in differet countries. Any guidance would be appreciated.

Thanks

VirgilBanks

Tham gia từ Jul 14, 2023 2bài viết

Sep 06, 2023 at 12:43

Tham gia từ Jul 14, 2023 2bài viết

" They are registered in St Vincent and Grenadine and Vanuatu and branch offices in different countries."

Some nasty brokers use this address and some are decent. Ones with high leverages and also no real id verification for your account creation tend to do so.

Waartovini

Tham gia từ Aug 22, 2023 5bài viết

Sep 06, 2023 at 15:04

Tham gia từ Aug 22, 2023 5bài viết

Pan1234 posted:
Hello fellow traders,

I have been trying to withdraw my deposit from the broker and it has been a few months with many emails going back and forth. I am getting worried at this stage and trying to find ways to recover my funds. Any guidance/suggestions would be appreciated in dealing with this type of broker. If I have to get a lawyer, suggestion would be appreciated.

Thanks

Keep trying to get your deposit back. Well, while you're looking for a lawyer

Drazeer

Tham gia từ Apr 30, 2016 10bài viết

Sep 12, 2023 at 02:23

Tham gia từ Apr 30, 2016 10bài viết

Why do they refuse to send you the funds?

WhiteWitcher

Tham gia từ Aug 19, 2021 203bài viết

Sep 20, 2023 at 13:52

Tham gia từ Aug 19, 2021 203bài viết

Oh do you have proof?? It is pure talk without any evidence. No offense. Maybe you can send us a correspondence about how they justify not returning the money??

alexml

Tham gia từ Oct 18, 2023 5bài viết

Oct 19, 2023 at 07:57

Tham gia từ Oct 18, 2023 5bài viết

Does the broker you use have account specialist for you?
The broker I'm using don't have such problem because they have assigned account specialist for each customer, and they always respond to me in no time.

bardachok

Tham gia từ Feb 12, 2016 127bài viết

Nov 08, 2023 at 10:21

Tham gia từ Feb 12, 2016 127bài viết

Pan1234 posted:
bardachok posted:
Pan1234 posted:
Hello fellow traders,

I have been trying to withdraw my deposit from the broker and it has been a few months with many emails going back and forth. I am getting worried at this stage and trying to find ways to recover my funds. Any guidance/suggestions would be appreciated in dealing with this type of broker. If I have to get a lawyer, suggestion would be appreciated.

Thanks

Never had such issues with Hotforex despite that I used some risky strategies like latency and swap arbitrage. Did you check regulation of your broker? What is the reason they reject your withdrawal?

They kept delaying for 5 months. They said they will transfer via email but did not transfer. I am not sure how to check the regulation of the broker. They are registerd in St Vincent and Grenadine and Vanuatu and branch offices in differet countries. Any guidance would be appreciated.

Thanks

It's a very cheap and easy-to-access regulation it's highly likely you will not get your money back and unfortunately it's hard to take legal action against firms with such regulation.

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