Problem Stay away from Ronghui Group Co., Ltd.

[singleparticle]

Ronghui Group Co., Ltd. Ronghuiforex.com, ronghuimarket.com, ronghuifi.com

I could not withdraw money. When I tried to withdraw money from my trading account, they ask for more money for service fees and so on. It is surely a scammer.
It used authentic MT5, everything looked real, but money could not be withdrawn.

 

[FxMaster]

Ronghui Group Co., Ltd. Ronghuiforex.com, ronghuimarket.com, ronghuifi.com

I could not withdraw money. When I tried to withdraw money from my trading account, they ask for more money for service fees and so on. It is surely a scammer.
It used authentic MT5, everything looked real, but money could not be withdrawn.

Can you share the email or chat supporting this claim, please?

 

[singleparticle]

FxMaster, Thank you for your reply. Yes. Attached are two chat snapshots. I have all the records of transactions of wire transfers and Forex trading on MT5.

 

[The Punisher]

Ronghui Group Co., Ltd. Ronghuiforex.com, ronghuimarket.com, ronghuifi.com

I could not withdraw money. When I tried to withdraw money from my trading account, they ask for more money for service fees and so on. It is surely a scammer.
It used authentic MT5, everything looked real, but money could not be withdrawn.

MT5 is used by scammers because they use things such as virtual dealer plug in which allows the data you are shown to be delayed from the real market data. Also balances can easily be manipulated to make it look like someone has large account balances, many trades that produced profits, etc. but these are all fake.

Asking victims to pay fees and taxes is part of this scam to steal more money from a victim (i.e. Do Not pay anything to them). Chinese criminals in Cambodia, Laos and Myanmar run these scams and they are called Pig Butchering, many articles available on google about how the scam works.

Start by taking screen shots of all communication, trades, their website, money transfers, etc. to document this crime. Then let us know what country you are from so we can advise where to start reporting.

Problem - MetaQuotes (Meta Trader) Complacent in White Label Scams

For all victims that show up at FPA to post their stories, there should be a strong presence from our community to push back on Meta Quotes. Meta Quotes allows a Real Label broker to sell White Label Licenses to scam brokers. When one approaches Meta Quotes there is usually little to no help...

www.forexpeacearmy.com

 

[The Punisher]

Ronghui Group Co., Ltd. Ronghuiforex.com, ronghuimarket.com, ronghuifi.com

I could not withdraw money. When I tried to withdraw money from my trading account, they ask for more money for service fees and so on. It is surely a scammer.
It used authentic MT5, everything looked real, but money could not be withdrawn.

The website is barely 3 months old, clearly setup purely to scam.

 

[The Punisher]

Ronghui Group Co., Ltd. Ronghuiforex.com, ronghuimarket.com, ronghuifi.com

I could not withdraw money. When I tried to withdraw money from my trading account, they ask for more money for service fees and so on. It is surely a scammer.
It used authentic MT5, everything looked real, but money could not be withdrawn.

Update the tags for this thread and add the website URL's so others can easily find this information.

 

[singleparticle]

MT5 is used by scammers because they use things such as virtual dealer plug in which allows the data you are shown to be delayed from the real market data. Also balances can easily be manipulated to make it look like someone has large account balances, many trades that produced profits, etc. but these are all fake.

Asking victims to pay fees and taxes is part of this scam to steal more money from a victim (i.e. Do Not pay anything to them). Chinese criminals in Cambodia, Laos and Myanmar run these scams and they are called Pig Butchering, many articles available on google about how the scam works.

Start by taking screen shots of all communication, trades, their website, money transfers, etc. to document this crime. Then let us know what country you are from so we can advise where to start reporting.

Problem - MetaQuotes (Meta Trader) Complacent in White Label Scams

For all victims that show up at FPA to post their stories, there should be a strong presence from our community to push back on Meta Quotes. Meta Quotes allows a Real Label broker to sell White Label Licenses to scam brokers. When one approaches Meta Quotes there is usually little to no help...

www.forexpeacearmy.com

Thank you, The Punisher,

I compared real market data from tradingview.com with the one Ronghui Group Co., Ltd provided. The data has no obviously delay, at least not longer than one minute, because I often used one minute's chart.

I am located in the USA. I have reported the case with all detailed records to the FBI and USSS.
I recently contacted MetaQuotes, and they said when they provided MT5 to a broker, they always checked its legitimacy.

 

[singleparticle]

The website is barely 3 months old, clearly setup purely to scam.

View attachment 84536

Ronghui Group Co., Ltd had used all the following websites.

In MT5, they used ronghui.club

ronghui.club
ronghuicommerce.com
ronghuiforex.com
ronghuimarket.com
ronghuideal.com
ronghuife.com
ronghuifi.com
ronghuifore.com
ronghuifores.com
ronghuifoxy.com
ronghuimarkets.com
ronghuitrade.com
ronghui-fx.com

 

[4evermaat]

I could not withdraw money. When I tried to withdraw money from my trading account, they ask for more money for service fees and so on. It is surely a scammer.

How much money did you deposit total with these people? What date?

Do you have a statement or screenshot of these deposits?

preserve mt4/mt5 account trade history statements part 1...

Estimated read time: 12-15 min. Estimated money and stress savings: your original deposits + profits - withdrawals. One of the most important pieces of evidence to maintain is the full account trade history. This history includes rows of trades such that each row has the order/ticket...

www.forexpeacearmy.com

What date did you request deposit? (screenshot)?

 

[singleparticle]

Thank you, The Punisher,

I compared real market data from tradingview.com with the one Ronghui Group Co., Ltd provided. The data has no obviously delay, at least not longer than one minute, because I often used one minute's chart.

I am located in the USA. I have reported the case with all detailed records to the FBI and USSS.
I recently contacted MetaQuotes, and they said when they provided MT5 to a broker, they always checked its legitimacy.

How much money did you deposit total with these people? What date?

Do you have a statement or screenshot of these deposits?

preserve mt4/mt5 account trade history statements part 1...

Estimated read time: 12-15 min. Estimated money and stress savings: your original deposits + profits - withdrawals. One of the most important pieces of evidence to maintain is the full account trade history. This history includes rows of trades such that each row has the order/ticket...

www.forexpeacearmy.com

What date did you request deposit? (screenshot)?

I deposited a total of more than three hundred thousand US dollars through multiple wire transfers from June to Sept last year. Please see the attached screenshot.