# In order to make money, black platforms always harvest users in a different way. Before that, we exposed many trading platforms and closed accounts casually. The reason is very simple, either you operate too frequently or you make improper profits. Anyway, you can only lose money but can't earn it. If you earn it, you will never come up with gold. This is an iron law of the black platform!
There are also a few platforms where the profitable part of the investor's account is blocked on the grounds of unfair trading, and the official does not give any explanation. When the user asks for specific reasons, he can't produce substantial evidence.
Recently, some investors broke the news that the profitable part of FXBTG refused to withdraw money and closed its account, and repeated communication failed.
# according to the client's description, at the end of June this year, a gold deposit was made in FXBTG, and * * * made a gold deposit of $2,. On July 2, because I saw the gold market, I had a heavy position in gold, and my account made a lot of profits.
when I woke up on the morning of 21st, I suddenly found that my account was disabled, and then I found that all the profits of my account of $3,176 were erased.
contact the account manager of FXBTG hongqi to discuss the statement. The account manager said that my account was frozen due to improper trading, and I have sent an email to inform you that the principal withdrawal has also been suspended. The parties also asked the platform to provide evidence of its unfair transactions at the first time, but its account manager only said that it was given by the technical department of FXBTG Banner, and no evidence was provided.
in this way, isn't the account blocked for no reason, just for profit? This operation took place on a platform established for more than ten years, which is really eye-opening.
according to i query, FXBTG hongqi finance claimed to be established in new Zealand in 28, but we found that the company was established on June 25th, 212 when we inquired about the company registration information in new Zealand. Not only the false propaganda of the establishment time, but also the supervision license.
first of all, the flag of FXBTG claims to be supervised by Canadian MSB (regulatory number: M1945949), American NFA (regulatory number: 524721) and St. Vincent FSA.
actually, I only saw the supervision of St. Vincent FSA on Haitou, that is, offshore supervision, which can be used for foreign exchange derivatives, futures, etc. (but does not supervise transactions). The agency does not authorize foreign exchange supervision, nor does it accept complaints, nor does it supervise, supervise, manage or grant licenses to IBC engaged in foreign exchange trading or brokerage business. Therefore, Saint Vincent FSA has no foreign exchange supervision function.
MSB in Canada also does not supervise foreign exchange, and all platforms claiming only MSB license in Canada are black platforms, so this regulatory license has no regulatory effect.
let's look at the NFA in the United States again. According to the inquiry of the regulatory number 524721, we know that the platform is not a member of every NFA, but is only registered in general, which means that the FXBTG flag does not have the foreign exchange regulatory license of the NFA in the United States at all.
To sum up, FXBTG Banner is a black platform without any regulatory license, but this platform openly claims to be subject to multiple regulations. Please ask foreign exchange investors, especially foreign exchange xiaobai, to invest in this platform cautiously.
Therefore, I would like to remind
that foreign exchange platforms must hold relevant overseas regulatory licenses. Having foreign exchange licenses from mainstream countries in Europe and America means that the platforms operate in compliance with the legal regulatory framework, which means that investors have relevant investment protection. Therefore, it is very important for a foreign exchange platform to hold a formal regulatory license.