Abstract:Scam forex brokers are capable of making excuses or justifications for tricking their uninformed trading clients into making payments which are unnecessary in the first place.
Wintersnow Ltd and its malicious deeds had been reported widely by WikiFX for the past several weeks. We at WikiFX would like to highlight this matter to inform our users about this notorious broker and its dirty tactics. Bear in mind that scam forex brokers could often share the same sly strategy even if they are not from the same organization.
Wintersnow Ltd is an unregulated forex broker receiving many complaints from its trading clients about failed withdrawals.
Wintersnow Ltd used various excuses to trick its clients into paying money, such as income tax payments and lawyer fees, all previously unveiled on WikiFX.
Read here: https://www.wikifx.com/en/newsdetail/202208111734949875.html
Read here: https://www.wikifx.com/en/newsdetail/202209095704394730.html
Today, WikiFX received another Exposure from a former trading client of Wintersnow Ltd, named Raeyu, who recently discovered that this unreliable broker had scammed him.
Raeyu made an initial deposit of approximately 22K USD into his MT5 trading account with Wintersnow Ltd. Through his own effort, he managed to triple his capital to a total of 63K USD.
He successfully pocketed nearly 39K USD of profit from trading cryptocurrencies.
He later submitted two withdrawal requests totalling 7.2K USD before realising something was fishy. His requests were left unattended, and he reached out to the customer support representative of Wintersnow Ltd.
Raeyu was told that he ought to pay a 10% deposit under the anti-money laundering agreement.
On this note, WikiFX would like to remind our users to not pay any additional funds transfer to your forex broker, no matter what they are requesting. It is every trading clients right to make a withdrawal without any extra charges. If you spot any complications during the withdrawal process, do not gullibly pay them thinking it will smooth things out. Gather as much evidence as possible and report it to your local regulatory body. Simultaneously, you can also get in touch with WikiFX through the mediums below for mediation help:
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