A stranger called me, recommending some stock. Since I trade stock in daily, I passed his friend’s request. Then he pulled me into a group, in which the teacher gave stock analysis and recommendation. The teacher added me, saying that he was doing research on a bull stock, and told me to follow him. Though the result wasn’t as exaggerated as expected, I didn’t suffer losses. Following him, I made some profits. Then he recommended CICC Futures and encouraged us to follow him. Having seen many members profiting, I joined and deposited 50000 RMB. Within half month, I earned a lot. I added 500000 RMN or so to profit more, however, I made a loss of over 300000 RMB within 2 days. The teacher comforted me and promised to recover the losses for me. He said that I could sell my share by high price, while the funding channel was always stuck. He pretended to be telling the trader to control the price, at which time, I realized that the market could be manipulated. While I made a withdrawal, it was unavailable.

I deposit 1 million for Vip and said I could withdraw it immediately, but the withdrawal did not pass after the deposit reached the standard. They said that the cash flow was not enough, and I was also asked to deposit another 500,000 for cash flow before I could withdraw. They did not inform it before. It said that I can withdraw immediately after reaching the requirements. I feel I was cheated.

I deposited 36,000 for VIP status at CICC Futures, anticipating an immediate withdrawal upon meeting the specified requirement. However, once the deposit reached the threshold, they claimed insufficient cash flow and insisted on an additional 18,000 deposit for withdrawal. This unexpected demand and deviation from the promised terms felt deceptive and left me dissatisfied.

CICC Futures is a well-known financial company in China. It offers a variety of financial products such as futures. It is well regulated, which is the most important factor in my opinion. After all, what's the point of having other terms of treatment if you've been scammed out of your money?