Hi all,
I like to ask everyone opinion here regarding the trading company called HQ Broker.
First let me explain my story here:
Last week, i got call from HQ Broker asking me if I want to start trading in forex to grow my money. Long story short, I invested 100 USD first just to test and see how it goes. They provide me a broker to give advice on what to trade, the amount to trade and which direction to trade (Bull or Bear). After afew days trading, we made small profits and my broker advice me to invest more so that we can open bigger trade but always apply the rule of only open trade with 20% of your total margin. So fast forward to this week, we have successfully made bigger profit since we can now open larger trade. To test my withdrawal, I made a 10 USD withdrawal. My broker said it will take 3-5 working days for it to withdraw and it will go to my credit card which i used for deposting the cash in the first place. Yesterday, I checked they have deducted the 10 USD from my total balance. But so far I check in my CIMB credit card there is not yet any debit of 10 USD.
So next day, my broker told me there is an upcoming event where the trade will result in 100 pips per hour and he wants to enter me in the event. But to do so he needs more capital from me to qualify to enter it. After struggling against his advice, I finally made the deposit just enough to qualify the event. He mention the event will start 25 - 31 May. So right now, we been opening bigger trades to increase our margin for the upcoming event.
End
1. My first question I would like to ask if anyone here has experience doing trade with HQBroker before?
I check online and they are fill with people who claim this is scam but also has people saying they has successful trades with them.
2. IF this turns out to be a scam, what are my legal options? Will I be able to get back my money?
My broker still haven't suspect me being suspicious, is there anyway to turn this to my advantage to get my money back?
I could probably tell him, if my account has become very successful, I can "introduce" my friend to join in but first I must prove to him my profit and my withdrawals.
Maybe that way I can slowly siphon back my money.
I hope everyone can give me constructive feedback and if you have personal experience you don't want to share in public you may PM me personally and we can discuss there.
Thanks in advance.
HQBroker, Discussion regarding this Trading Co.