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Forex trading

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Comments

  • Billy_B_North
    Billy_B_North Posts: 199 Forumite
    100 Posts Name Dropper
    Daisylily2012 said:
    Has anyone managed to get their money off a Forex Trading platform? I am trying to get my money back and just asking if anyone has been in this situation and what worked for them 
    Yes, we trade foreign exchange daily, in billions of pounds, and always receive settlement in two days.
    What’s your issue?
  • TheAble
    TheAble Posts: 1,676 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    ZingPowZing said:
    Now that we know what these companies are, why not volunteer to waste a few hours of their time?
    Who else is game? 

    Nah I'm good.
  • alialiev
    alialiev Posts: 2 Newbie
    First Post
    Daisylily2012 said:
    Has anyone managed to get their money off a Forex Trading platform? I am trying to get my money back and just asking if anyone has been in this situation and what worked for them 
    All you need to do is find good regulated broker....
  • Scottex99
    Scottex99 Posts: 816 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    Billy_B_North said:
    Daisylily2012 said:
    Has anyone managed to get their money off a Forex Trading platform? I am trying to get my money back and just asking if anyone has been in this situation and what worked for them 
    Yes, we trade foreign exchange daily, in billions of pounds, and always receive settlement in two days.
    What’s your issue?
    Judging by the names of the "firms" sounds like the issue is he's been swindled by some pleb pretending he has a lambo on Insta
  • jimjames
    jimjames Posts: 19,024 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Scottex99 said:
    Billy_B_North said:
    Daisylily2012 said:
    Has anyone managed to get their money off a Forex Trading platform? I am trying to get my money back and just asking if anyone has been in this situation and what worked for them 
    Yes, we trade foreign exchange daily, in billions of pounds, and always receive settlement in two days.
    What’s your issue?
    Judging by the names of the "firms" sounds like the issue is he's been swindled by some pleb pretending he has a lambo on Insta
    If they've taken substantial sums from people the lambo might not be pretend anymore
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Billy_B_North
    Billy_B_North Posts: 199 Forumite
    100 Posts Name Dropper
    Scottex99 said:
    Billy_B_North said:
    Daisylily2012 said:
    Has anyone managed to get their money off a Forex Trading platform? I am trying to get my money back and just asking if anyone has been in this situation and what worked for them 
    Yes, we trade foreign exchange daily, in billions of pounds, and always receive settlement in two days.
    What’s your issue?
    Judging by the names of the "firms" sounds like the issue is he's been swindled by some pleb pretending he has a lambo on Insta
    It’s appalling what these “influencers” try to scam people into.

    I’m on a car forum, and they’ve been caught out posing in front of other people’s cars for their “ bling” photos showing their supposed riches gained from FX trading.
  • HansOndabush
    HansOndabush Posts: 470 Forumite
    100 Posts Name Dropper Photogenic
    FX is a zero-sum game. If you are going to trade then it might as well be in something with an overall positive return expectation like shares or gold/silver that do rise over the long term; not currencies.
  • Eyeful
    Eyeful Posts: 1,247 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    The website Litefinance you link to, was created on the 8 June 2021 and has low trust ratings?

    https://www.scamdoc.com/view/611618

    https://www.scam-detector.com/validator/litefinance-vi-com-review/
  • Swipe
    Swipe Posts: 5,994 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 28 July 2021 at 10:46AM
    Make sure any broker platforms you sign up to are UK FCA regulated
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