Home -
Exposure -
Main body -

WikiFX Express

TMGM
Exness
XM
FXTM
EC markets
GTCFX
AVATRADE
FOREX.com
IC Markets Global
D prime

"Admiral Trades is a Big Fraud"~ Investor said

WikiFX | 2024-08-08 14:29

Abstract:“I took the lowest minimum plan of $5000 and paid, even borrowing from my friends. " A user of Admiral Trades wrote his complaint on WikiFX. The complainant is from India. He alleged Admiral Trades is an all-time scammer.

img_v3_02di_0a797620-1539-4ffe-a353-a81416ad983g.png

“I took the lowest minimum plan of $5000 and paid, even borrowing from my friends.” A user of Admiral Trades wrote his complaint on WikiFX. The complainant is from India. He alleged Admiral Trades is an all-time scammer.

“The broker's representative, named Joseph, asked me to upgrade the plan to $20000.” Mr. Joseph said to me, Once I pay, then they will process all the withdrawal amounts of $275000 within the next 24 hours in my Binance account. Further, he added.

After depositing the said amount, the victim got an email in which the broker said that his withdrawal was in the process. But, unfortunately, the Indian government banned Binance in India. The victim did not receive his withdrawals.

img_v3_02di_21b3eeb5-ab26-4bb7-ae22-aad3b5daa1bg.jpg

I received an email from Admiral Trades that said:

To gain full recovery of your trading account, you are required to upgrade the trading account with an investment of $14000. Once this payment is completed on of before the 25th of December, You will be able to apply for a withdrawal of 80%from the total balance of $278170.33. which is $222537. Please note that all ongoing trades have been already cleared with protected deals considering that the client initiated with a $1000

investment and the client should complete the remaining liabilities before the specified date.

It is important to note that failure to complete the payment will result in you being unable to process withdrawals on your trading account. We hope this information is helpful, and we look forward to your prompt payment.

“They called me multiple times until April 25–24. I did not respond. They stopped calling and blocked my ID, but my online ID is still active. They are all-time scammers. Not giving my withdrawals and just making me a fool.” He said this with much anger and desperation.

Download the WikiFX app on your phones to expand your knowledge and stay informed about the forex market.

img_v3_02df_2bc3e591-78d8-4294-a4c5-3a91969b56eg.jpg

Related broker

Not Regulated
Admiral Trades
Company name:Admiral Trades
Score
1.45
Website:https://admiraltrades.com/
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.45

WikiFX Express

TMGM
Exness
XM
FXTM
EC markets
GTCFX
AVATRADE
FOREX.com
IC Markets Global
D prime

WikiFX Broker

FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
AVATRADE

AVATRADE

Regulated
Ultima

Ultima

Regulated
TMGM

TMGM

Regulated
FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
AVATRADE

AVATRADE

Regulated
Ultima

Ultima

Regulated
TMGM

TMGM

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
AVATRADE

AVATRADE

Regulated
Ultima

Ultima

Regulated
TMGM

TMGM

Regulated
FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
AVATRADE

AVATRADE

Regulated
Ultima

Ultima

Regulated
TMGM

TMGM

Regulated

Latest News

Why Real Money Forex Trades Trigger Early Exits

WikiFX
2026-06-15 11:00

RM371,000 in Life Savings Lost After Trusting a Facebook Investment Ad

WikiFX
2026-06-15 17:17

$100 Million Fine, Deposit Delays and Customer Outrage: Is TIGER BROKERS Losing Traders' Trust?

WikiFX
2026-06-15 21:54

Trading the 24-Hour Currency Market on a 9-to-5 Schedule

WikiFX
2026-06-16 12:00

Dollar Slips After Ceasefire Agreement

WikiFX
2026-06-16 12:00

ForexDana Review 2026: Is This Forex Broker Safe?

WikiFX
2026-06-16 12:00

Spotting Trend Reversals: How to Read Hammer and Engulfing Candlesticks

WikiFX
2026-06-16 09:30

Stockity Review 2026: Offshore Regulation, Complaints, and Withdrawal Risk Signals

WikiFX
2026-06-16 13:00

Dollar Slips as Oil Plummets on Ceasefire Agreement

WikiFX
2026-06-16 11:00

Rupee Advances to 94.71 as Dollar Weakens

WikiFX
2026-06-16 11:00

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

YouTrade Markets

YouTrade Markets

VEXRUS INVEST

VEXRUS INVEST

SP LTD

SP LTD

FxPro

FxPro

Fioxfinance

Fioxfinance

NEXUS AI GROUP LIMITED

NEXUS AI GROUP LIMITED

EMIRFX

EMIRFX

Auto Earn Global

Auto Earn Global

Globe in Chain

Globe in Chain

VERTEXCOREINSIGHTS

VERTEXCOREINSIGHTS