I invested with TradeLad and managed to make a $50,000 profit. Everything seemed fine. However, upon the first withdrawal they have asked me for nearly $3,000, stating that I'm obligated to pay this sum before they can send me my funds. This (huge) sum apparently corresponds to "the processing and security fees according to the SEC", because this entity claims to be registered with the SEC. But I've recently contacted SEC and they've told me that TradeLad is NOT regulated by them, and couldn't give me any further details so as to whether there are more complaints for this broker. I don't know what I should do.
Are there any solutions to this? Is there any way I can withdraw the profit I've made from the respective broker? Does anyone have any suggestions?
Thank you.
Are there any solutions to this? Is there any way I can withdraw the profit I've made from the respective broker? Does anyone have any suggestions?
Thank you.