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Exposure

59 pieces of exposure in total

Scam

I am Chen Weichuan,defrauded of 320000 RMB by PROFIT .

I am Chen Weichuan, a native of Fuzhou, Fujian Province, and a company employee. In January 2019, Zhang Wenle, a salesperson of PROFIT , induced clients to open accounts in PROFIT ,saying that their company had international license with high return and low risk.After acquiring my trust,he has asked me to deposit fund to different corporate accounts for several times and sent me some latest trend and strategy(Later,I knew that they just defrauded your fund).I made a loss of 318000 RMB,which claimed all my life.Every day seemed like a year to me.I was suspicious of PROFIT platform.What’s more, PROFIT ignored my appeal and their legal department clamoured for police as if they were uncontrollable.Hum,even the criminal was in Cambodia,he would be sentenced. PROFIT claims to have international market branches in Hong Kong, Australia and New Southwest,while the glorious platform is ugly. After consulting the relevant departments, PROFIT's foreign exchange Zeng Haiying platform hasn’t been registered in China Securities Regulatory Commission and China Foreign Exchange Management. Without any approval of any Chinese regulations, PROFIT is a scam platform,illegally collecting money from overseas money laundering agencies. I have already reported to my local public security organ, Fuzhou. The Public Security Bureau has filed a case for investigation. I have already contacted the Guangzhou Foreign Exchange Administration and the Securities Regulatory Bureau to let me send the materials, saying that once it is verified it would be sealed up.It seems that yours Good days won't be long. The official website of PROFIT ,https://www.35fx.com, is an illegal fraud company. Although it has obtained a license for overseas practice, it has never been filed with relevant Chinese authorities. The relevant departments of the Chinese government have been cracking down on fraudulent use of future foreign exchange platform. According to the "Notice on Strict Investigation and Investigation of Illegal Foreign Exchange Futures and Foreign Exchange Deposit Trading Activities" (Zheng Jian Fa Zi No. 165), it is an illegal act for any unauthorised institution to conduct foreign exchange deposit trading without authorization. Clients (units and individuals) entrust an unapproved institution to conduct trade (whether in foreign currency or RMB as security deposit) is also illegal. At present, the People's Bank of China, the Bank of China Insurance Supervision and Administration Commission, the China Securities Regulatory Commission, the State Administration of Foreign Exchange and its branches have not approved any institutions to conduct business.Reveal of PROFIT : 1: It not only earns your high handling fee, but also pockets your position by system stuck,slippage,unavailable position closing and deliberate forced liquidation,to defraud your fund. 2: Sail under false colors.Disguised by international foreign exchange,it does illegal activities.Its information on the business information query is only operating clothing wholesale and daily necessities.In order to escape the law, it change an account to receive money almost every few days.According to the preliminary statistics, since PROFIT launched in China in 2017, there have been at least 80,000 victims nationwide, and the scam funds are expected to reach 600 million. These funds are continuously flowed into the money-laundering channel. I have provided these evidence to the public security and have reported the relevant evidence to the anti-money center in the past few days. Some customer service specialists have followed up with me.

Hong Kong China Hong Kong China 2019-11-15 10:41
Hong Kong China Hong Kong China 2019-11-15 10:41
Scam

Unsolicited manipulation by the platform.

I am Han jiajia,from Henan.I have traded in 111 for about 3 months,figuring out that someone had manipulated my account.On the night of October 1st,around 20:35I bought the gold at 1510.63 and set the stop-loss price at 1508.58,while it didn’t stop loss even at 1504.34.I was to stop the loss myself,while the network was interrupted.The client manger had a try and got the same problem.So why should I afford for their mistake?I asked for the compensation.He declined the compensation,saying that the that was a normal phenomenon.Why you are so mean?I doubted that whether they had an unsolicited manipulation.

Hong Kong China Hong Kong China 2019-11-05 07:31
Hong Kong China Hong Kong China 2019-11-05 07:31
Others

There is a system stuck with the platform when cocking market happens,leading to clients’ losses.

I am Han jiajia.My trading account in PROFIT was 200066122. At 20:30,November 1st,2019,there was a net problem with my account,thus the platform didn’t stop losses at the price I set.I tried to close it myself,it didn’t work.After the network became smooth,it was too late.My account has become forced liquidation.The client manger confirmed the problem and was to apply compensation form me.On Monday,I contacted him,he declined the compensation,saying that the that was a normal phenomenon.Why should I afford your mistake?It is a rip-off.I doubted that whether it is legit seriously.

Hong Kong China Hong Kong China 2019-11-04 12:10
Hong Kong China Hong Kong China 2019-11-04 12:10
Unable to Withdraw

I have applied for the withdrawal for 10 days,no results.

I applied for the withdrawal on October 11st,which hasn't been processed yet.The customer service kept shirking,giving no access to withdrawal.

Hong Kong China Hong Kong China 2019-10-21 11:55
Hong Kong China Hong Kong China 2019-10-21 11:55
Severe Slippage

Losses caused by serious slippage.The customer service was in bad attitude.

Inexplicable continuous orders made losses at the highest point, and all are due to slippage. I made a few orders in a row. If it is not close position, it should be a big profit. Every time the position was closed because of slippage. It is clear that the highest price is not reached. If it is a normal point, it will not stop loss. I was seriously suspect that the platform is doing something. The picture clearly shows that the stop-loss price was1516.91 while my order was closed with its price set at 1517.33. The picture is the most recent price.

Hong Kong China Hong Kong China 2019-10-10 15:41
Hong Kong China Hong Kong China 2019-10-10 15:41
Severe Slippage

The graph on this platform stops every time when it is about to reach my buy long point. This is a statistic fraud.

The graph on this platform stops every time when it is about to reach my buy long point. This is a statistic fraud. Especially when you are about to make a profit, the server crashes. This must be a briefcase company.

Hong Kong China Hong Kong China 2019-08-23 20:08
Hong Kong China Hong Kong China 2019-08-23 20:08
Unable to Withdraw

PORFIT platform

Scam platform PROFIT. They won’t let me withdraw and banned my account. It’s been months that they give me no response for banning my account. I asked the service, but they only knew how to shirk. They keep telling me to call their legal affair personal.

Hong Kong China Hong Kong China 2019-08-15 17:36
Hong Kong China Hong Kong China 2019-08-15 17:36
Unable to Withdraw

Withdraw is unavailable in Profit Market

Profit Market is a fraud platform. It refused my application for withdrawing capital and profits! My account was suspended too! The customer service personnel were ill-mannered, saying that we traders can do nothing to prevent them if they refuse all application!

Hong Kong China Hong Kong China 2019-07-30 19:52
Hong Kong China Hong Kong China 2019-07-30 19:52
Unable to Withdraw

The withdrawal was unavailable

The profit was unavailable,as well as the withdrawal.My account also failed to login...

Hong Kong China Hong Kong China 2019-07-29 22:03
Hong Kong China Hong Kong China 2019-07-29 22:03
Unable to Withdraw

Can’t withdraw on PROFIT!

I tried to withdraw on May 9th, 13th and 14th but all failed. I’ve reported them this matter many times, but all they did were pushing the buck and banning my account. Now I am highly suspicious about the legitimacy of this platform. They’ve been stalling off and refusing to solve my problem. I have no way but report this matter to the government department to settle this thing down since I need money. I hope the authorities bring them to justice. I’ve got all the screenshots and other evidences. I’ve reported them in Hong Kong and Shenzhen. These scammers shall never run.

Hong Kong China Hong Kong China 2019-05-24 23:12
Hong Kong China Hong Kong China 2019-05-24 23:12
Unable to Withdraw

Can’t withdraw my profit on PROFIT

When I opened my account, they told me I could withdraw whenever I wanted. Now they froze my account and MT4 terminal and rejected my withdrawal request. They took my money.

Hong Kong China Hong Kong China 2019-05-23 02:37
Hong Kong China Hong Kong China 2019-05-23 02:37
Resolved

PROFIT fraud platform

The trading was said to be abnormal when I made a profit and now my account was even sealed,banned to withdraw money.I called 400 while the customer service never respond! It gives no access to withdrawal!

Hong Kong China Hong Kong China 2019-05-16 21:41
Hong Kong China Hong Kong China 2019-05-16 21:41
Resolved

Both profit and withdrawal are unavailable in fraud platform

PROFIT will block your account after you make a profit,giving no access to the website and withdrawal.The customer service always replies that the risk management department is auditing,as well as the website keeps shirking the responsibility.

Hong Kong China Hong Kong China 2019-05-16 21:32
Hong Kong China Hong Kong China 2019-05-16 21:32
Others

A forced liquidation

I held two 0.5 lots of gold and 0.2 lots of crude. Order No. 3849824 and order number 3872578. I made a gold order of 0.5 lots on April 15th. Before April 24th, 16:30, I still paid attention to the market . The quotations then did not fluctuate much. At that time, the margin rate was 60%. As I am worried about a forced liquidation occurred when the margin rate was under 40%, I decided to close 01 lots first. But when 0.1 lot was closed, the gold orders were all forced to close out. The closing price of the order with the number 3872578 was displayed at the opening price. The profits of nearly 400 US dollars disappeared. (you will understand as you see the order with 0.1 lots. Though the positions were forced to close out, but the corresponding profits of 98.6 by 0.1 lots and 394.4 by 0.4 lots were gone). I tried to contact with the customer service personnel but failed. Then I turned to the salesman, and he always said that the order is normal, and that the forced liquidation was caused by the deficient margin.

Hong Kong China Hong Kong China 2019-04-30 03:48
Hong Kong China Hong Kong China 2019-04-30 03:48
Resolved

Unable to log in PROFIT

I knew before that there was a problem with this platform. I traded with a small amount of money for fun. It was good for trading before. However, I suddenly unable to log in the platform today, and the system always notify me the system being busy. I have opened crude position in it. And there are almost more than 400 US dollars in it. I am so worried. The customer service personnel are offline. What should I do!

Hong Kong China Hong Kong China 2019-03-08 17:37
Hong Kong China Hong Kong China 2019-03-08 17:37
Others

PROFIT is a liar company

I traded a good position, and they gave my account a negative number for no reason. I said that the last barrier, below 40% of the guarantee system, it will automatically close the position, meaning that the trader’s account will never be possible. Negative numbers appear, so this is completely shameful as a behind-the-scene manipulation

Hong Kong China Hong Kong China 2019-03-01 21:39
Hong Kong China Hong Kong China 2019-03-01 21:39
Resolved

Cheater company, the closing price still has tens of thousands of, open negative value, I have broken the family

Cheater company, close still have tens of thousands of, open quotation negative value, I already home break a person , trade process classics check card dun, close a storehouse to still close my lock a storehouse, I all the time serious loss, family break up

Hong Kong China Hong Kong China 2019-01-26 18:00
Hong Kong China Hong Kong China 2019-01-26 18:00
Scam

PROFIT scammed me by giving bonus. They manipulated my account and forced my position liquidated.

PROFIT is the most unscrupulous platform I’ve ever seen. I’d traded on it for a month. During the time, I deposited altogether $8550. The bonus they said is $200 for $1000 deposit. Later the salesman said I can get $600 if I deposit $3000. The rule said I can use the bonus as my margin, and I can withdraw it if I want. But they took my bonus privately and forcibly made my position liquidated. I questioned their salesman, but they couldn’t make sense of it and refused to recover my bonus. Later they asked me to join the $2000 bonus for $8000 deposit activity. I did as they told. But I lost all that money. Then deposited $600 again, thinking that I can close my position if I make a profit. But they were supervising my activity. When I was about to earn, they forcibly took my bonus back and invalidated my position. This is ridiculous. They set the rule, they play the game. This is robbery. I even owe them money after losing all my deposit.

Hong Kong China Hong Kong China 2019-01-26 05:14
Hong Kong China Hong Kong China 2019-01-26 05:14
Resolved

The position locked by me was automatically closed out, causing me to suffer great losses

The position locked by me was forced closed out, causing me to suffer great losses. What a scam platform

Hong Kong China Hong Kong China 2018-12-15 23:51
Hong Kong China Hong Kong China 2018-12-15 23:51
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