Problem Plus500 suspicious!

[tbpine]

Hi,
I just want to ask about plus500. They are listed as an Australian company . They have a AFSL license , which is regulated .
Their license Number is 417727.

If they are scammer , they will quickly lose their license. I know that there's so many government organisations you can go to if they are really scammers like

Financial Ombudsman Service Australia (FOS)
and ASIC.

Something is not right, i don't believe a government would let these guys have a license if they are scammers . Why would a government give a license to scammers unless the government site them selves are scammer which i highly doubt.
I'm NOT saying that they aren't scammers but if government regulations are worthless then how can we ever trust anyone.
Something doesn't smell right with the whole industry and yes i was scammed and it was a large amount too.

 

[FxMaster]

Hi FxMaster

Thank you for your prompt reply. I did check out the attached link above ... reviews of Forex Brokers..
So far, based on your experiences, how long does a Legit Forex Broker settle if there's a Legit complaint by a client regarding their money not being sent back to them?

Can you also give us a checklist of how to shortlist Legit Forex Brokers?

Thank you so much..

As per my experience, you will get the reply on your complaint within 12-48 hours except for Friday. I cant recommended broker that`s why I told you to pick some by search and then read their reviews. Best of luck