The operation of formal platforms mainly relies on point spreads and transaction costs, while black platforms rely on monopolizing the trading principal of others. Therefore, as traders, the most afraid of encountering is the issue of cash outflow; And the nature of black platforms is exposed at the time of gold.
A platform that has been trading for many years, but its cash disbursement has been delayed by three months
Recently, a user of Aihuicha exposed a platform called "Seventh Brokers", which has been delaying payment for three months and has not promised a payment time due to the tightening of third-party policies.
After exposing the issue with Seven Brokers' cash flow last week, they did not respond to me regarding the issue and instead closed my account.
According to the exposure of Huiyou, he has actually been trading with Seven Brokers for several years, and the deposit and withdrawal have been relatively normal before. But starting this year, the cash flow has not been smooth. At first, Huiyou applied for a deposit of 7000USTD, and the platform asked him to reduce the amount of a single deposit under the pretext of "acceptor approval". Huiyou changed the amount from two times to only 3000USTD. But the payment for March has not been received until now.
The reason explained by Seventh Brokers is still that "due to policy tightening, acceptors need to review materials", and it is not up to their platform to determine when they can pass the review or receive the results. They repeatedly ask Huiyou to be patient and wait. And this payment has been delayed for nearly three months.
It is worth mentioning that Exposure Huiyou mentioned that he has been using Seventh Brokers for many years and has only been facing financial difficulties since the beginning of this year. So, is Seventh Brokers experiencing temporary channel issues or a black platform?
Supervision has been deregistered, and the platform has been "blackened out"
After investigation, it was found that Seventh Brokers was indeed a regulated trader holding Vanuatu VFSC and Australian ASIC licenses. However, it should be noted that currently, the Vanuatu license of Seventh Brokers is in a "cancelled" state, while its ASIC license only accepts institutional users and cannot provide services to retail traders at all. That is to say, the current Seventh Brokers is in an unregulated state, and investors are advised not to use this platform for investment and trading.
Ai Hui Cha Reminder:
From the original regulation to the current deregistration, from the normal disbursement of funds to the current disbursement of funds less than 3 months, the "blackening" of Seven Brokers is traceable.
The "blackening" of legitimate platforms is even more difficult for users to prevent. The silent deregistration of platforms like Seventh Brokers and their inability to withdraw funds often result in platform users only discovering that the platform has "deteriorated" after unsuccessful withdrawals. At this point, it is often difficult to retrieve the principal. In this regard, Huiyou can only make regular payments or pay attention to the dynamics and reputation of the trading platform from time to time to prevent it.
