Itc Forex ltd opinion

Hi
If someone had to deal with the site and could say something about it /itcforexltd.com/ ?

I haven’t but I checked their website. I’m gonna stay away from them. I don’t see any regulations from major entities. They have another website bitfxtradingoptions with the same content. The whole website is doubtful for me.

How did you find them?

I found a manager on istagram, I guess it’s a scam, so I wrote here on the forum so that someone would confirm me

OK, so the first problem with both of these websites is that they absolutely guarantee huge profits and zero loss - all they want (allegedly) is a small commission. I played along with the scam for about 5 trading days, so I have firsthand knowledge. The second problem is their utilization of cryptocurrency (Bitcoin). Why is that? Simply because once you send your money to their alleged company wallet, you can never get it back. Also at the end of the trade, since you cannot receive the profit until you pay the commission, the so-called managers will flatly refuse to be paid said commission via any other method except crypto. The reason being, they know that payments made via bank transfer, PayPal, etc., can be charged back by the sender should they fail to deliver the profit. That is not the case with cryptocurrency. In other words, if an unsuspecting individual were to pay the commission fees via crypto, and then realize that it was a scam, they could never get their money back because with cryptocurrency transactions you can’t open a dispute or file for a chargeback like you can for instance with your bank or PayPal.

Besides that, there are numerous legal issues with these websites and their rogue operators. They are outlaws. They prey upon people with minimal to zero experience in the trading world. I would encourage anyone who has been played by these criminals to file a report with the Federal Trade Commission (FTC). It’s a simple process; just be sure to include as many details as possible.

Thank you for the answer, if you could direct me where I can submit an application, I have quite a long conversation with their representative who is trying to persuade me to buy a gold account and pay more money, so now I looked back in time and I know where I agreed

You can report to the FTC at ReportFraud . ftc . gov (Sorry, you will have to type that into your browser as new users are not allowed to post links here).
Also, if you’ve already made a deposit via Bitcoin, there are specialists who may be able to help you recover those funds.

For the sake of anybody else reading this who has already been scammed by these criminals, simply type “bitcoin recovery expert” into your browser and you should get a nice list of results to check out. I was not aware of this myself until just a short time ago. So any feedback would be greatly appreciated. In any case, recovery of stolen crypto seems to take a lot of time and effort and is not as easy as applying for a chargeback with your personal financial institution. I have found it fairly easy to apply for a refund or chargeback with apps that use common currency like PayPal or my personal bank for instance, and these criminals know this so they are very specific that they only work with Bitcoin. Do not give them anything via Bitcoin!

I really thank you for your help because I am a beginner and I do not know what about what I will try to submit these applications in a moment, I hope they will be positively considered

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