authorization on broker - failed (invalid account) - page 2

[tukkemiss1]

Fernando Carreiro #:

I hate to say this to you (and I hope I am wrong), but if your contact with a supposedly "broker agent"  and was via WhatsApp, then you were most probably scammed.

Real and reputable brokers, don't contact you. You contact them. And they are usually very selective and make you go through many steps to verify your identity and and your address as well as how you fund your account.

If you were "guided" by someone, or funded your account via crypto currency, or funding your account was "very easy" to do, with no need for extra documentation, then I am almost certain that you were dealing with scammers and fraudsters, and will probably never see your money again.

I really hope I am wrong, but I suspect I am not.

Yes I'm afraid so. I have kept all transactions and got banking iban for my second paiement (luxembourg), I will try to find out. I will ask some advices to BF (national french bank). And yes, paiements were done using bitcoin. But I could see for many weeks my balance in mql5.

I wont give up anyway ;-) for the future, I will contact one broker I mean a real one, if you could advise one or two I will study quietly. Tx again.

[Fernando Carreiro]

tukkemiss1 #: Yes I'm afraid so. I have kept all transactions and got banking iban for my second paiement (luxembourg), I will try to find out. I will ask some advices to BF (national french bank). And yes, paiements were done using bitcoin. But I could see for many weeks my balance in mql5. I wont give up anyway ;-) for the future, I will contact one broker I mean a real one, if you could advise one or two I will study quietly. Tx again.

If they were in BitCoin, then you have lost all your money. It leves no trace. Real and reputable brokers usually only allow fiat currencies for funding accounts. You were unfortunately scammed.

Please also read the following ...

Forum on trading, automated trading systems and testing trading strategies

Tips to avoid being scammed …

Fernando Carreiro, 2022.06.07 14:40

Be it by fake agents, brokers, signals, or EAs, there is one weapon to beat them all — knowledge! Your knowledge is the key to prevent you from being scammed.

Invest and take time to improve your knowledge, to gain experience and improve your skills. Learn to do things for yourself and not to rely on others so much. You don’t have to be a master or even be very good at it, but the more you know and understand, the easier it will be for you to detect when something is not what it seems to be.

Learn how brokers work and how they are licensed and regulated. Learn about the different markets, trading conditions, types of accounts, leverage, and when you don’t understand something, ask first about it and get answers from different sources. Don’t just blindly accept things.

Learn to trade manually, even if you intend to use signals or EAs. You don’t have to be very good at it, but you need to understand all the different concepts of how orders are placed, how they are triggered, how to manage them, how to calculate and manage your risk, and all those pesky little details required to trade manually. Only then can you better evaluate the signals you wish to follow or the EAs you wish to use.

If you are going to hire someone to code your EA for you, then take some time to understand how coding works and some basic knowledge about it. Again, you don’t have to be good at it, but the more you understand, the easier it will be for you to communicate with the developer and provide valid, realistic requirement specifications and to understand how much work is involved as well as its value and how much to budget.

Also, learn to use the Strategy Tester properly and how to interpret the results. The better you understand it, and the more you use it, the easier it will be for you to evaluate the results from EAs you are considering.

So, in conclusion, don’t be a greedy idiot quick to jump onto anything “shiny”. Instead, be wise. Take your time. Invest in your knowledge and skills. Choose carefully.

[tukkemiss1]

thanks for all those advices.

BTW, first transaction to credit my accound was done using BTC, second transaction was a direct payment from my banking account to one specific iban.for security reasons, I won't name it here.

This last transaction, I will try to recover my money. The intermediate is Binance site. That means that bank is a partner of Binance. I dont know if Binance can help here.

Why I asked - few days ago - for a system Administrator, It was to ask and identify the user (with IP address) that removed my access to ibell market. This user is most probably the scammer, I believe. I'm trying forward to get technical help