First some details. I have been trading for some time using IG broker (and meta trader 4). I have made some nice profits and one day i came up with the idea of trying another broker, but this time probably a scammer one (broker: Portal Realm Limited / platform: meta trader 5)
So, I sent 2k to this new broker (i wanted to see if at some point i could withdraw money). The thing is, now I have a negative balance of -4k (bad trading decision from my side)
I could send them the money right now but if they are scammers, should i send it to them?
I just received from their “customer service” a Wechat message (chinese app) saying:
“Your account owes 4k, please pay it back in time”
“With regard to the notice of arrears , if the arrears are not paid within a week, the company will sue in laws and regulations and hope that the customers will pay off the arrears as soon as possible in order to create unnecesary trouble. Thank you for your cooperation”
The big question: Should i send them money? Can i be sued by a scammer broker if i don’t pay my negative balance?