Wintersnow's Name Change Caused Withdrawal Failures

Wintersnow Ltd is a scrupulous forex broker that has been scamming its trading clients throughout the globe.

Looking at its WikiFX profile, it is evident that Wintersnow Ltd is an unregulated broker that has received many complaints from angry trading clients for its wrongdoings. WikiFX urges our users to always opt for a regulated forex broker with a score of at least 7.0 and above that is also operating with valid licenses and a proven business premise to ensure the safety of your trading account and funds.

Todays Exposure piece was submitted by a trader named Frans, who initially traded with Wintersnow Ltd. He initially deposited money into his Wintersnow Ltd trading account.

Frans was taken by surprise when he was approached by the customer service representative of Grand Signal Markets (GSM). He was told that GSM would stop all user transactions after 11th September 2022, and all their information would be wiped out. Due to this, Frans had to withdraw his funds at the expanse of an additional 6% fund management fee which needed to be paid separately.

That was when he learnt that Wintersnow Ltd had changed its name to GSM. From GSMs WikiFX profile, it could be seen that GSM is just as badly reviewed as Wintersnow Ltd.

He was told to pay a total fee of $1481.90 by 11th September 2022.

Despite feeling icky about it, Frans made the payment regardless.

Unfortunately, after he made the fund management fee payment as requested by GSM, he did not receive any further response. That was when he learnt that he was scammed by both Wintersnow and GSM.

This is the total amount that Frans had in his account which was believed to be taken by Wintersnow Ltd/GSM, including the extra payment that he just transferred to GSM.