jackralph96
Private, 1st Class
- Messages
- 30
Hi Everyone,
I haven't seen any threads regarding this yet but the large broker SamtradeFX has become under investigation of the MAS in Singapore.
This has resulted in a cease of all operations according to the press release from Samtrade (https://www.samtradefx.com/news/corporate-statement-in-relation-to-media-release-3-jan-2022)
However, there is some very conflicting information going on which would suggest that a lot of traders on the platform specifically their (CopySam Service) can still trade even though everyone else is unable. As far as I've seen not anyone has been able to withdraw funds from the platform
People are frantically trying to find any scrap of information regarding the situation and I thought I would start this thread here to compile any facts or information we can regarding the situation.
I myself have funds trapped at the broker,
If anyone else is like myself feel free to post any information you can on this case.
I haven't seen any threads regarding this yet but the large broker SamtradeFX has become under investigation of the MAS in Singapore.
This has resulted in a cease of all operations according to the press release from Samtrade (https://www.samtradefx.com/news/corporate-statement-in-relation-to-media-release-3-jan-2022)
However, there is some very conflicting information going on which would suggest that a lot of traders on the platform specifically their (CopySam Service) can still trade even though everyone else is unable. As far as I've seen not anyone has been able to withdraw funds from the platform
People are frantically trying to find any scrap of information regarding the situation and I thought I would start this thread here to compile any facts or information we can regarding the situation.
I myself have funds trapped at the broker,
If anyone else is like myself feel free to post any information you can on this case.