Scam

EE TRADE

My name is Chen Yanyong. My trading account on EE TRADE is 13210700688, my ID number is 372321198706070036, and my email is 632770238@qq.com. In October 2024, with the intention of investing and managing finances, I downloaded an app called Anxin to start trading. Following a mandatory platform upgrade, without any notification, the Anxin app was replaced by the EE TRADE app. The customer service of EE TRADE frequently called me under the pretext of offering bonus funds on deposits to induce me to make deposits. They also enticed frequent trading by promising gift packs for trading activities. However, the EE TRADE app is very unstable, often freezes, and experiences slippage. Most critically, the deposit channels are unstable, not allowing timely deposits which led to insufficient margins and consequently caused my account to be liquidated. To date, I have incurred a loss of 13,000 yuan. Later on realizing through research that this is a virtual platform where funds are deposited into private accounts and never enter the international market; essentially they profit from customer losses. EE TRADE is undeniably a fake platform engaging in illegal activities. Below are the illegal practices carried out by this company: 1. The company operates virtual currency and stock index futures without proper qualifications for trading cryptocurrencies and stock indices—this constitutes illegal operation. Evidence includes my trading records which mainly consist of cryptocurrency and stock index transactions. The platform cunningly only displays these transactions after registration and login. 2. The money deposited into this company does not flow into international markets during trading but remains in personal accounts. The deposit interface involves transferring money into personal accounts before the platform shows that the deposit has been successful. 3. Engages in money laundering; investigations show that this platform buys bank cards in mainland China for investors to transfer money for laundering purposes before funneling it into their platform. 4. Induces deposits through deceptive practices by frequently calling about deposit bonuses and trading activity gift packs, only highlighting potential profits without mentioning risks or considering my financial capacity. I am currently facing severe financial difficulties; coming from a financially constrained family background at 39 years old, I am unmarried with elderly parents over 70 years old—my mother suffers from heart disease and chronic nephritis requiring ongoing medication treatment. Already burdened with debts, being scammed has worsened my situation significantly. I earnestly request your platform's assistance once again in recovering my lost 13,000 yuan; your help would be immensely appreciated.

Scam

Wealthengine

Good evening, I can't do anything with my blocked capital. The platform ensures that users who do not deposit again will be considered hackers, and I highly doubt that with my capital I can be a hacker. Besides, I cannot invest more money in this platform. I need help to unlock my capital in order to proceed with the withdrawal.

Unable to Withdraw

Wealthengine

The money in the account was frozen according to them because they were hacked. They are asking us for $100 to verify that we are not hackers. They notified that they were updating the app and then everything was reset to zero, and now they are saying that we need to deposit more money. Please, I need your help to unfreeze the money in my account so that I can withdraw it. My account is genuine, not fraudulent, and it is verified. They have photos of my ID and a photo of me, they can verify.

Scam

Wealthengine

I make this complaint through this medium because on 19/03/2025 the Wealth Engine application froze all my money (729.39 Dollars) and they do not allow me to have full control of my money, claiming that I have to make a deposit of 100 Dollars to unfreeze the account before 25/03/2025, if I do not make the deposit before that day they will delete the account and I will lose all my money. In fact, out of those 729.39 Dollars, I had 500 Dollars invested in a fixed term and the contract was not completed, they just froze all the money.

Scam

GlobTFX

成功进行了欺诈行为，平台无故再次清零了账户

Unable to Withdraw

Wealthengine

The app froze our money, making it impossible to invest funds, this is the second time we have been practically robbed. They are asking us to deposit $100 again. The first time they said it was an app update, now they claim it was a supposed hack. Enough, stop playing with people's money and emotions when they are trying to increase their income.

Severe Slippage

Himawari

The Himawari software frequently experiences severe slippage. This often occurs in situations where the market shows a lack of liquidity or when trading volumes are low, making orders susceptible to slippage. Particularly during non-trading hours or just after holidays when markets reopen, liquidity can be significantly lower, leading to multiple instances of slippage and substantial losses. Additionally, slippage can result in orders being partially executed or failing completely.

Severe Slippage

SBI SECURITIES

The software frequently experiences high slippage. This often occurs in situations of market illiquidity or when trading volumes are low, making orders prone to slippage. Particularly during non-trading hours or just after holidays when markets reopen, liquidity can be lower, leading to multiple instances of slippage and significant losses. Additionally, slippage can cause orders to be partially executed or completely fail.

Others

Rakuten Securities

The most frequently reported issues are related to difficulties in withdrawing funds after joining, as well as inadequate customer service. The primary focus is on Forex trading via the MT4 platform. It is not recommended.

Others

UBK Markets

Regulated by a small country, there have recently been issues reported concerning withdrawals and fees. Caution is advised when considering involvement with this entity. It is not recommended.

Others

GDFX

The regulatory status in New Zealand has been revoked, and it is currently operating without any regulatory oversight. It is not recommended.

Others

GMR

The entity has been operating beyond its permitted duration under U.S. regulation, holding a standard financial license. Currently, it has exceeded the operational period allowed without renewal. It is not recommended.

Scam

Wealthengine

I need you to unfreeze the funds in my account. My account is not fraudulent as you claim. My account is real, I am a normal person in the world, I am not a hacker as you say. You froze the funds because there are fraudulent accounts. I need you to unfreeze the money that I have held in the platform. Today, a signal was passed to play, but who will play if all the funds around the world are blocked? I need a positive response. Thank you in advance.

Others

Cinda International

It is an institution based in Hong Kong that deals with futures contracts. There are some counterfeit companies associated with it that need to be identified. It does not have its own trading software, and the risk level is currently considered moderate. It is not recommended.

Unable to Withdraw

HK JINXIANG INTERNATIONAL LIMITED

The platform refuses to release my profits; they only returned $500 of the principal and deducted a $15 fee. They also withheld a small portion of the profits and didn't allow withdrawal. My account was abruptly closed, and I can no longer log in. Customer service is unresponsive; it's a scam platform. Additionally, I'm unable to upload photos to provide evidence.

Scam

NEWRGY IMEX

There are several fraud complaints, fraudulent deduction of money resulted in serious losses for me.

Scam

GlobTFX

User accounts have been reset under the pretext of hacking.

Scam

GlobTFX

Unfortunately, for the second time, they have cheated and frozen my balance. Please look into this matter as soon as possible. Where is the honesty and credibility?

Unable to Withdraw

Wealthengine

My account and all user accounts have been frozen, and they requested a deposit of $100 and some other conditions in order to recover our funds, indicating that the platform has committed fraud.

Scam

TenTrade

Delete user accounts when they have not violated the daily decline. The daily decline is 6%, about 196 USD from 3201 USD. When entering the price, I set the stop loss + commission of 181 USD. When the price is scanned correctly at the stop loss, the account is locked. Change due to violation of risk rules.