FX Metatrade Reports & Reviews (1)
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SCAMPULSE
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SCAMPULSE
If you know any contact information for FX Metatrade, help other victims by adding it!
Type of a scam CryptoCurrency
So I created an account with the platform, deposited various sums of bitcoin into the account wallet. Overtime there were rise and drops to my funds, I put in more money as the profits grew. However due to the recent market crash in bitcoin, I put in a withdrawal request. The platform then requested me to pay an IRS tax in the sum of around $30k (around 23% of my profits), which I paid. So after payment, my withdrawal funds did not show up on my Shakepay wallet for two days. I contacted the trading platform, the online agent directed me to contact the support personnel directly via whatsapp.
The customer support agent directed me to use a different platform as they said the wait times are less and there were multiple withdrawals done that day by other customers using that platform. Even showed me screenshots of it. So with their step-by-step instruction, I set up a metamask wallet and proceeded to give them the seed phrase to allow the platform to perform pairing. Up to this stage, I did not know much about cryptocurrency, I just thought they will be sending me the funds via bitcoin, the agent never disclosed that they will be giving me my funds via IOV token. If I had known I would have refused and demanded bitcoin.
Soon after the funds were "deposited" into my wallet, showing IOV token with an amount equal to 3.06 bitcoin. When I was confused, the agent informed me that I simply had to deposit 1.08 ETH into the metamask wallet to "swap" IOV into ETH. Which I then proceeded to do, but before I even started the swap process, my ETH funds were sent to a personal wallet (that I never approved a transaction for, I just watched my wallet refresh and the ETH was down to 0). When I was confused and asked the fxmetatrade agent for help, they then told me I must have initiated the "swap" by mistake and instructed me to deposit more ETH to complete the process, but could not tell me how much more was needed or why that happened.
At this point, I went on reddit to ask for help. A lot of people tried to offer "help", but in reality was trying to scam me as I was desperate. I filtered through a lot, and this one guy offered his services for recover the stolen funds and help me get my IOV token taken out of the wallet. So I paid him $220 usd, but he just kept on asking for more and I stopped.
Throughout the process, I was naive. I was also so deep into getting my profits and trying to get my deposited funds back, that I had to continue the withdrawal process as I was stuck. So at this point, I have no way of recovering my funds, the IOV token seems to be a scam token that somehow has a reflected bitcoin value attached but no way of swapping. I am a cryptocurrency scam victim and it is a hard pill to swallow.