Score
Within 1 year Regulated in United States
Suspicious Regulatory License
MT4/5 full license
Chinese market only
United States Common Financial Service License Unauthorized
Suspicious Overrun
High potential risk
Influence
E
Score
License Index0.00
Business Index3.95
Risk Management Index0.00
Software Index6.13
Regulatory Index0.00
Influence
E
Single Core
1G
40G
More
Company Name
FSDS Global Limited
Company Abbreviation
FSDS
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
The exchange can't withdraw money, need support
It says I have to pay taxes and fees before I can withdraw. And these taxes cannot be directly deducted from my balance. First of all, they asked to pay 15% tax, claiming that the profits on the platform must exceed $500,000 before the withdrawal. Then the tax must be paid within 7 working days, otherwise the account will be permanently suspended and no funds will be available. It was released. Then, the account was suspected of having a malicious transaction. And a deposit of $30,000 is required to withdraw funds. They still ask for deposits without withdrawals for various reasons. and finally, maliciously suspending the account with the intent of forfeiting principal and income. But my interaction with the team at Traceasset(traceasset.org) resulted in a chargeback that saw me walk away. with my investments and a second chance to make the right investment decisions.
They tried to rip us off by luring us to invest in their platform but then our right to withdraw is completely taken away. I also noticed that they don't allow us close positions when we profit a lot, until our positions are wiped out. In an attempt to get something out of my investment i opened a scam case with the team at fintrack /org Be watchful FSDS Global is feeding on Vulnerable people like myself.
The exchange can't withdraw money and the web is closed and I can't access the exchange's wed.
Can't withdraw money and exchange has closed the access to wed
Recently, I joined a Forex exchange called FSDS Global Limited. At first, there will be 1 person approaching you, then by convincing tricks, you try to invest $ 1000 and have a very good profit, then suggest you to invest more to seize some good opportunity… Just like So, whoever has money can invest more because the profit is real. But signs of fraud started happening at the withdrawal stage. When withdrawing money, FSDS requires you to complete the trading volume (accounts below 10000$ must have 3 transactions with an amount of 50% of the money in the account, accounts over 10000$ must have 2 transactions) . I thought it was done, but when completing the transaction, I was forced to pay a fee of 20% of the total withdrawal amount before withdrawing the money. At this point, I was aware that 99% of this floor was a scam and didn't deposit any more money. Because it is possible that when the other 20% fee is paid, heaven knows if there will be any other reasons or not. The money in my floor is still there, not burned, but now I can't withdraw it.
Dear, it is possible that they are taking your name since they do not allow withdrawal and they ask me for 5000 usd which is illogical when I had already paid other amounts to be able to operate and withdraw the money, it seems to me it is a scam and this is the web page https:/ /fsdsglobal.ltd. They have put all kinds of obstacles on me and today they wrote to me without my having communicated telling me that in order to release my funds I had to pay this amount, when they were supposed to release everything on July 13 and also in a threatening way they are going to block for 2 months, surely they want to swindle me out of money.
I can't withdraw money and the broker has closed the homepage so I am entering the exchange to withdraw money
Create a virtual platform to trick users, hope support will pay attention to the warning
FSDS. This is the result of nine deposits and multiple transactions in the foreign exchange and futures markets. When requesting to withdraw funds, the customer service responded to the message: "Dear sir, hello, after verification by the platform's financial department, your account information is confirmed to be correct. The account 8870129 has a history of 9,401,000 Taiwan dollars and 392,453 Hong Kong dollars, which is equivalent to 368,591 US dollars in total. The gold is 1,000 US dollars, the remaining cost is 367,591 US dollars, the total current account is 2,156,797.37 US dollars, and your total profit is 1,789,206.37 US dollars. According to the tax policy of your region, you need to pay 10% personal income tax on your profits, totaling 1,789,200.637 US dollars, equivalent to 5,279,590 Taiwan dollars, Now you have applied for tax declaration to the government department. When you complete the payment of personal income tax, the loan will be made for you, please confirm!””” The tax has been paid. I remitted ($78,920), and my friend helped me advance "Dear sir, hello, after review by the tax department, your friend XX in Hong Kong has paid $100,000 in tax for you, and your personal income tax is now $178,920. After all payment is completed, your funds will be remitted to your bank account within 1-3 working days, please confirm!" But at the time of withdrawal, the customer service is not available. People are disappeared. Unable to process withdrawal.
All of these scams, ACEs have put up and are very true, but I would like to add that they are very sophisticated: They raise capital with me so that I can believe it and fight, my account is I managed, but actually they did not contribute capital because of the nature of that floor created by them, so they increased their account short, and importantly, I couldn't withdraw even 1 thousand dong. They take other people's pictures and edit them for themselves: They already have a perfect scenario: for example, they steal someone's picture, then they edit the whole date... For example, if they know they stole pictures somewhere and took pictures, they also said they went there and sent pictures there..... In short, FSDS is a scam.
After paying taxes and proving the account, they told that the transaction was illegal and forced to pay more money. Slow processing and not allowing withdrawals, but this platform was not affected at all.
As we know so far, forex trading is one of the most profitable businesses in the financial market. However, it doesn’t mean everyone can win big while trading forex. In reality, many people suffer a heavy loss in the forex market. The biggest challenge for them lies in seeking a solid broker. Today, WikiFX has listed the top 5 scam brokers of June 2022 to prevent you from getting scammed.
WikiFX
Founded in 2020, FSDS is an online forex broker offering an extensive range of 350 trading assets to its clients, including currency pairs, cryptocurrencies, precious metals (Gold, Silver, Platinum), energy (Brent, WTI, NAT, GAS), etc. However, recently FSDS catches many traders’ attention due to too many complaints, we wonder why and how it is happening. WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyze the reliability of this broker from specific information, regulation, exposure, etc. And you should never miss it.
WikiFXThe foreign currency market is one of the most often used methods of funding. In truth, several individuals became billionaires almost immediately. To begin with, the foreign currency market is the world's largest and most liquid marketplace, operating twenty-four hours a day and generating 3 trillion $ $ $ $ in daily transactions. With these features, everyone will demand a reduction in the measures in place inside this industry.
WikiFXIs this even possible? Depending on the sort of trading you do, you could be wondering if Forex is the best option. What if the bulk of traders are unable to profit from the Forex market? How long will it take you to increase your profits? Is the profit stable, or does it fluctuate? These are issues that all traders, regardless of their position in the Forex sector, ponder
WikiFXAnyone who trades the forex market without a proper understanding of the fundamental factors that move the Forex Market is a gambler. The Forex Market is ontologically designed to be an investment package for individuals, companies, and government. However, the desire to make quick money by scalpers has dented the image of the forex industry. Forex is a tool for hedging against inflation and maximizing profits. And never a place for gambling.
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