Score
15-20 years Regulated in Japan
Retail Forex License
Non MT4/5 Software
Suspicious Scope of Business
High potential risk
Capital Ratio
Great
Influence
AAA
Influence
E
Score
License Index7.19
Business Index8.66
Risk Management Index0.00
Software Index6.43
Regulatory Index7.16
Capital Ratio
Great
Influence
AAA
Influence
E
Single Core
1G
40G
More
Company Name
DMM.com Securities Co.,Ltd.
Company Abbreviation
DMM FX
Platform registered country and region
Japan
Company website
YouTube
Company summary
Pyramid scheme complaint
Expose
I've been cheated of over 200,000
I've invested with this broker for over 20 days. Can anyone help me?
After I applied for withdrawal, I was told to pay tax. After payment, they verified that it was not paid from my account, and the third-party bank froze the money. I asked the customer service. They made up and didn't reply directly. I contacted the so-called trading teacher and their team salesman, and they didn’t reply.
The way this platform works, you make an order and someone else on the platform manipulates the trend to ensure that you lose money and cannot close the position, I called the attention of financialrecovery.tech by submitting a complaint to them in a feat to get my investment back because I also noticed that in situations when the big market comes, you make the right order but you are unable to open the position again. You often lose money and end up closing the position because that is the only working option however, my complaints sparked up a chain of reactions that resulted in a refund.
The so-called teacher and agent are belong to this broker.
Deny my withdrawal on grounds of wrong bank card. Margin and personal income tax are needed. But the staff disappeared and my money was gone! I hope you can expose them
I started trading with DMM in February, I was told to make a minimum deposit of 3000, then I had to deposit another 5000 which wasn't stated initially. I tried to withdraw my money but they insisted I must pay tax to them. The fee was so much for me at that time and they froze my account for delayed payment. I didn't get a response from them since I asked to liquidate my account
I have a WeChat friend who is a salesman, making Short term foreign exchange. This guiy sent me a QR code and asked me to invest. Then I began to invest with a teacher he recommended. But I always made mistakes even if I was so careful. Then they induced me and threatened me to add money to keep investing. In fact, the data was manipulated by them. After the three-round operations, I applied for withdrawal. The withdrawal hasn’t arrived. I was told to pay taxes. It has been a month and no one replied to me. They keep cheating others via other platforms. I hope investors can stay away from these frauds!
Ask us to add more but we are still unable to withdraw funds.
The platform customer service said that you need to pay a deposit to get the account, and then say that you can pay directly to the account, and you have to pay the personal income tax, and it is a third party. This is a fraud, and the personal income tax is personal. Go to the local tax department
After several attempts to withdraw my money from DMM FX, I can tell you they are a fraud platform. I made an initial deposit of 90000 yuan which yielded profits over time. When I tried to withdraw, it was denied and they blamed the Restrictions on technical problems. Later, a 10% tax was requested to allow my withdrawal The fee was so much for me at that time and they froze my account for delayed payment. I didn't get a response from them since I asked to liquidate my account, I implore other investors to stay clear of DMM FX, they have nothing to offer.
My experience with this company has been quite unfortunate. I heard about them in December 2020 when i made an initial deposit of CNY 71000 (about £8000) into my trading account which yielded good profits. I became more interested and made another CNY 90000 (£10000) to make better returns. Late last year, after Christmas, i tried to make a withdrawal which was denied. I reached out to Chris from their support who claimed withdrawals were a bit delayed due to an End of year system upgrade. Up till Last week, i didn't have access to my money and they stopped responding to my complaints. Like many other traders i spoke to, tech some sort of experts and they were able to get my money including my accruals. This awful situation with DMM FX prevented me from enjoying the holidays with my family as i would have loved but i learnt a key lesson, Always test the waters before committing. I implore other investors to stay clear of DMM FX, they have nothing to offer.
