RH Trade Review 15
RH Trade gets top marks for their withdrawal options and trading platforms! Quick, secure withdrawals and a sleek platform make trading a breeze.
I started on October 16th and deposited a total of 300,000 yen. At the end of the year, there were suddenly no more transactions. And when I looked at the site at the beginning of the year, it was gone. I would like the remaining money refunded.
This is the second time that I have not been able to withdraw the approximately $10,600 remaining in my account. The first time was on November 9th when I was told that the system would not approve the withdrawal. The cause seems to be that I did not log in or make any transactions for about 10 days. When I asked what I should do, I was told that as long as I logged in and made transactions for 15 consecutive days, I would be fine. From the next day until December 10th, I logged in every day and traded on my own without any guidance. The condition should now be clear. I requested a withdrawal again. This time, they asked me to pay taxes and fees. Do I have to pay tax every time I withdraw money? When I asked what the tax rate was, that question disappeared and I was told that I couldn't come to work unless I paid a 5% tuition fee, and they wouldn't take care of the formalities. I've indeed been tutoring since November. I was told that I would receive 5% of the profits. However, I was told that I could not teach because my account balance was low. At that time, I had about $10,900 in my account. Mr. Ishibashi, who was guiding me, told me to contact him when my account balance reached $20,000. In other words, I was asked to make an additional deposit. I don't have that kind of money, so I couldn't make a deposit. I gave up on the instructions and went through the withdrawal process. What this company says changes every time. I think they don't want to withdraw money. By the way, I was told that the 5% instruction fee is 5% on total assets, not on profits.
One day, while navigating through economic indicators, I was blindsided by a sudden spike in the USD/CAD pair. Normally, platform lags during such peaks would spell disaster for traders, but with RH Trade's platform, order execution was quick without significant slippages. That, for me, was a testament to the platform's sturdiness!
Recently, using their precise trading signals, I spotted a downward trend in the AUD/NZD pair. After making a short position — thanks to their quick order execution — I saw my prediction play out, and I could pocket a decent profit. For me, it was a milestone in my trading journey that manifested the convincing strength of ARH Trade's signals. So, as an ending note, I'd say RH Trade has been an ally in my forex journey that checks many valuable boxes. Their reliable platform, low spreads, zero commission, and impressive trading signals make it a worthy companion for forex traders at all levels.
When I try to process a withdrawal, I am charged one after another. First, there is a 5% instruction fee, and then there is personal income tax. I have never heard that it is necessary first, but when I withdraw money, I am charged one after another.
I don't have money
It was said that spot price funds were needed to complete the oil transaction. I was told that there would be a 30% penalty if the payment was unsuccessful, so I worked hard to collect the funds. Thanks to some FX guidance regarding virtual currency, I managed to have the funds ready by the deadline and the transaction was completed successfully. I was told that there was a plan for further instruction, but when I tried to withdraw some of the funds, I was told that I needed to pay the instruction fee. Although I had not heard of this beforehand, thanks to the guidance I was able to reach the target amount, and after confirming that there would be no further charges, I made the payment. After confirming the payment, I was informed that the full amount could be withdrawn, so I applied for a withdrawal. Shortly after I applied for a withdrawal, I started being asked to pay acquisition tax. I asked them several times, but a few days passed with no progress and they just kept repeating, ``Pay your taxes.'' Meanwhile, the Financial Services Agency and the police. We also confirmed with lawyers and tax accountants that ``there is no system that requires tax payments for withdrawals from exchanges,'' and even when we told them this, they did not change their attitude. The amount that cannot be withdrawn is approximately $160,000 (25 million yen).
