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"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.

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“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.

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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.

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Related broker

No Regulation
Admiral Trades
Company name:Admiral Trades
Score
1.43
Website:https://admiraltrades.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.43

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