SCAMMERS. OttoFxTrading asked more money to be deposited in order to proceed with my withdrawal

Sofitrader

Recruit
Messages
3
Otto Forex is a SCAM broker, dont ever deposit there.
I have place a deposit via BTC and when i requested the withdrawal at first they approved, sent an email with the confirmation of withdrawal, took the money from my account and then i notice that was taking to long for a BTC transaction and i went to check for the pending transactions on my BTC address and there was none.
I then went to the live chat and spoke with the 'costumer support' which seems super scammy, they told me that the withdrawal was actually reject because i needed first to deposit more 823$ in order to them to proceed the withdrawal of the amount i have there 3166$. where in the world do i need to deposit more so the broker can proceed with the withdrawal when i have 3166$ positive amount on my wallet? LOOL
I tried to ask and requested multiple times for them to proceed with my withdrawal and without answers.
this is clearly a SCAM broker. Ill say that FPA should check and make this review public so everyone can see it and make sure to DO NOT DEPOSIT A CENT ON THIS SCAM BROKER.
 

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The Punisher

Captain
Messages
1,961
ottofxtrading.com/index.html?#
Known as OttoFxTrading.com here in FPA
@FPA Forums Team @The Punisher @4evermaat please help
DO NOT pay any fees or taxes as this is part of the scam. Start by taking screen shots of all communication, trades, your account, transfers, etc. so that you have documentation for your records. What country are you from so we can further advise where to start reporting this fraud. Below are more details about this scam and how it works (Pig Butchering).

 

Sofitrader

Recruit
Messages
3
Im not paying anything, i do know how they are. Asking more money in order to withdrawal the amount on my wallet lol this doesnt exist.
Im from Brazil. I just wanted that FPA make a scam alert on their profile here so people can know that they are scammers.
 

FxMaster

Lt. Colonel
Messages
11,159
Otto Forex is a SCAM broker, dont ever deposit there.
I have place a deposit via BTC and when i requested the withdrawal at first they approved, sent an email with the confirmation of withdrawal, took the money from my account and then i notice that was taking to long for a BTC transaction and i went to check for the pending transactions on my BTC address and there was none.
I then went to the live chat and spoke with the 'costumer support' which seems super scammy, they told me that the withdrawal was actually reject because i needed first to deposit more 823$ in order to them to proceed the withdrawal of the amount i have there 3166$. where in the world do i need to deposit more so the broker can proceed with the withdrawal when i have 3166$ positive amount on my wallet? LOOL
I tried to ask and requested multiple times for them to proceed with my withdrawal and without answers.
this is clearly a SCAM broker. Ill say that FPA should check and make this review public so everyone can see it and make sure to DO NOT DEPOSIT A CENT ON THIS SCAM BROKER.
Let's start with adding your story as a review here https://www.forexpeacearmy.com/forex-reviews/19844/ottor-forex-review and then follow the below suggestions.

First of all, invite the company by using the invite company option to your thread. And if you are unable to locate the option then this thread " Tutorial: How to Invite a company to your thread. " Will help you to find out.

Note 1: The invitation button will be enabled when your first post reaches 4 days old.
Note: 2 You need to make a second post in this thread to enable the official invitation option.
Note 3: Make sure to share your account number (Only account number). Many time this help companies to find out you are genuine or not.
Note 4: Make sure to follow the suggestions correctly, when you do it correctly you will get the below message in your thread automatically.

OP Screen shot.jpg
 

The Punisher

Captain
Messages
1,961
ottofxtrading.com/index.html?#
Known as OttoFxTrading.com here in FPA
@FPA Forums Team @The Punisher @4evermaat please help
First take screen shots of all communication, all trades, your account, any wires or crypto funding, wallets, bank accounts, their website, etc. Eventually they will block you so please document everything now for your records. Then file reports with the following:

1) FMI of Brazil

2) FBI via IC3 (can be filed online)

3) Global Anti Scam Organization - they have free live chat on their website to help all victims
 
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