Is EBC safe?

I was drawn from Xiaohongshu to join an EBC trader-led PAMM account. After initially attracting everyone to deposit with profits, one day they crazily placed numerous orders and depleted all the principal, exploiting customer losses. Our group had collectively deposited at least $15,000, attracted by the stable early profits. Once people stopped depositing more money, countless orders were placed one day that consumed all the capital. This behavior involves traders and platforms collaborating to lure customers into the market for deposits, where the platform and traders share the profits from customer losses—it's not normal trading loss. The trader in my case is named Wang Fu.

At the beginning, I said that I had to pay 90,000 Taiwan dollars in taxes. After the payment was completed, because the withdrawal account was incorrectly typed, it was said that I did not operate properly and the platform account was frozen. Is it reasonable to pay an additional deposit to unfreeze it? (The withdrawal on the picture has been approved, but it has not actually arrived)

USDT deposit not credited, no response to the ticket

I started with a profit order with a breakeven. They just eat the order!

I’m 100% sure that EBC is a fraud brocker. EBC suspended my requesting withdrawals because they insisted that we have to pay the tax to their tax account directly within the specific date otherwise my funds in their trading account will be frozen. Honestly, I never expected that my withdrawals has been pending by EBC until I pay the tax. Because I saw many fraud cases from international forex trading platforms that they refuse or suspend customer’s withdrawals like requesting paying the tax or being excused daily transfer limit or etc….when customers request to withdraw their funds. I’ve figured out that EBC doesn’t have a right to suspend customer’s withdrawals even unless paying taxes or not. And the tax department just notifies the amount of income tax to the customers. And customers pays them to the tax office by themselves. Nobody can suspend customer’s withdrawals whenever they request withdrawals even If we pay the tax or not. That’s no way. No FX trading platforms require to customers to pay their income tax with their company’s account directly. I’ll atteach the evidences of the records on their oline customer service below. I insist that they must return my fund in EBC account to my bank account!!!!

I reported the EBC platform with my real name. During the interest rate decision on June 15, 2022, I made a profit of USD 9,342.67 in the EBC trading account of 6,285,440. The next day I directly banned my account without notifying me. The customer manager did not reply and kept evading the question. On June 20 In the afternoon, the platform called and forced me to send an email to admit the illegal transaction, otherwise I would not give the principal. I had no choice but to compromise and send the principal to the email. I do not know such platform can have a high rating. It is ok to lose, but will suspend your account if you make profit.

There is customer service for deposit, but not for withdrawal. Apply to solve the withdrawal problem of customer.

The agent I took in EBC last year, the reason for the epidemic was in EBC, and then I made seven or eight thousand dollars in EBC trading when the interest rate was decided last week. It didn’t take long for the account to be disabled. I contacted the customer manager many times to ask why the account was It was disabled, the account manager did not reply, and then there was no message in the account opening mailbox. Until yesterday, I received a call from other EBC account managers, informing me to pay the principal. Pay the principal, not to mention the profit, and the principal is not paid, let me compromise, there is no way but to install the way they know, and then let me send an email, the content of the email allows me to make a profit and agree to pay the principal , must be sent according to their template, there is no way, I have to compromise, a typical fraudulent platform, the profit does not give money, the account is closed, it is recommended that everyone be cautious about depositing money into this platform, the platform does not give money when it is profitable, and only accepts customers who lose money , even if you make a profit, you will not give money. If you make money, the account manager will scare you and force you to pay the principal in various ways. I hope everyone pays attention to this platform and does not deposit money.