I open an account with this firm, It is Chinese and probably located in Hong Kong, through a Gold signal provider in Instagram and telegram which has decent results, no I know it was too good to be true. She insist to everyone if they want her signals and analysis, Coco Chen Gold trader, they should register by her broker and she does managed account with 30% share and had few account to post on Instagram and Telegram and keep saying how easy is to withdraw through her broker, now I know it was just a show, and beware of Chinese scammer, she disappear since yesterday an all her link and channel too. I deposited $1552, she insisted more, but I refused, and she started trading from Monday Aug 30th and we were on Friday an up o $1000 profit, no lose trade at all and that was a sign to me it is something fishy. She insisted o put more money and she went long on Gold on my account and she published other account which she was short and I start suspecting on the following Monday with several position with over $300 loss and what ring the bell for me that on opening on Sunday she short the gold @ 1830 which Gol was way below that number and she could not had that trade on Sunday Opening. I was almost close to my initial balance and I noticed that in Channel she give different signals that she put on my account so I decided to change he password and manually closed all trade in loss over 1100. With $1796.92 in my account I asked for full withdraw and through on-line chat hey told me it take 3 to 5 business day to get the money. On Thursday morning September 9th there was no sign of my money being transferred and account balance on my account was still $1796.92. The same day in the afternoon I opened the platform an I noticed that there is only $2.67 left in my account ad whole balance was gone, the withdrawal request was made a night before. I looked at the history and I noticed that there were two trade, on long on BTC with 1 lot, whole history of my trade was .05 lot or .1, never 1 lot, with loss of $1734 and .05 lot gold with $60. loss. I did not put any trade and I am not sue how they managed to do so, the passwords of platform was changed so the girl did have any access to it however I saw red and blue arrows on chart which when you go over it shows auto trade. I did no installed any Robot and my guess is that the 1st week they show positive results to incite you to put more money for bigger profits and eventually everything will go to flame and even though they were not be able to blow your account in this way, they do it in the way they did to me. Is that robot is controlled trough them and planed there for such a time or hey did it through the server, I am not sure. Short story all the money is gone, the company shows it is registered with NFA, but when I contacted them they said they have basic membership and are not subject o any investigation, pretty smart. There is no address, no phone and the chat on-line do not respond anymore. I am not sure if anything can be done to recover my money and if not a least this can helps other to do no fall to the hand of this scam business. I put the web site of the broker with screen shot of my withdraw request and trades that wiped out my account. I had before couple of broke that did spiking here and there, but never this kind of delinquency to put trade on your account without your knowledge to wipe your account out.
Any help much be appreciated
Any help much be appreciated