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FIRE PHOENIX
Regulator:
I opened an account with Fire Phoenix a couple of months ago and made a couple of deposits into my account with them and after quite a few successful trades I attemped to withdraw, they said my account had not been verified properly and was therefore frozen until I made a payment of 17197 USDT for this process to happen and then it would be refunded. I sent the payment and 24 hours later my identity was approved, account unfrozen and they refunded the payment onto my account held with them. I then made a withdrawal request and they said because the amount I was requesting was large, they couldn't authorise it until I send a further payment of 25% of my fund which was 19625 USDT as a large-amount certification fee so them can open a large-amount channel for me.
I haven't sent this payment as it seems they continually want money for made up things and it is clear to me this is a scam and I will never see my money again but I would like advise please.
Dear Trader,
Regrettably, all signs suggest that FIRE PHOENIX is a scam. We advise you to discontinue any engagement with this unregulated trading platform to prevent further financial losses and report this scam to your local authorities. As you've noted, they exploit your desire to earn money from investments repeatedly, concocting various unreasonable excuses to deceive you into sending them more money. Typically, legitimate brokers are transparent about their commissions and fees and will not request additional money each time.
BrokersView has previously flagged FIRE PHOENIX as a scam due to its lack of oversight from financial regulators. This entity, which claims to be headquartered in the UK, has been flagged by the Financial Conduct Authority (FCA), the UK's financial regulator, as unauthorized. This is a significant indicator of a scam.
We understand the distress and frustration this scam has caused you. However, we urge you to stay vigilant and avoid making impulsive decisions due to your losses. In particular, beware of another type of scam known as the Recovery Room Scam. In this scam, individuals or businesses claim they can help you trace or recover your funds. The FCA has issued a notice about this scam, advising investors not to trust it. This scam is designed to further drain the resources of victims.
As a third-party service, we are committed to advocating for the rights of victims and providing support at no cost to you. We strive to ensure a fair resolution to your complaint. We encourage you to submit a complaint on our platform at https://www.brokersview.com/complaint. Your case plays a crucial role in our ongoing efforts to combat scams.
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Trading FX berisiko tinggi dan mungkin tidak cocok untuk semua investor. Leverage akan menimbulkan risiko dan kerugian tambahan. Sebelum melakukan trading, mohon pertimbangkan dengan cermat toleransi Anda terhadap risiko, tingkat pengalaman, dan tujuan investasi Anda. Anda mungkin kehilangan sebagian atau seluruh investasi awal Anda; jangan berinvestasi di luar kemampuan Anda. Edukasi diri Anda sendiri tentang risiko terkait trading FX. Jika Anda memiliki pertanyaan, silakan berkonsultasi dengan penasihat keuangan atau perpajakan independen. Semua data dan informasi disediakan "sebagaimana adanya" dan hanya untuk tujuan informasi, bukan untuk trading ataupun rekomendasi. Kinerja masa lalu bukanlah prediksi akan hasil di masa depan.
Data yang terdapat dalam situs web ini mungkin tidak real-time dan akurat. Data dan harga di situs ini tidak mesti disediakan oleh pasar atau bursa, tetapi mungkin disediakan oleh pembuat pasar, sehingga harga mungkin tidak akurat dan berbeda dari harga pasar yang sebenarnya. Yaitu, harga ini merupakan harga indikatif hanya untuk mencerminkan tren pasar, dan tidak menguntungkan untuk tujuan trading. Penyedia data yang terdapat dalam Situs Web tidak bertanggung jawab atas kerugian apa pun yang Anda alami sebagai akibat dari aktivitas trading Anda atau ketergantungan pada informasi yang terkandung dalam Situs Web.


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