Forex PUA Exposed! What HK South Did?

WikiFX News (8 Feb.) - PUA (Pick-up Artist) stories in different scenes such as workplaces and romance relationships are often heard. These PUAs play psychological games to trick others and undermine their confidence. Have you heard about forex PUA？ Mr. W. has suffered several PUAs of the illegal platform HK South.

In early 2021, Mr. W. opened an account and made deposits on HK South China International. However, he was required to pay a margin before withdrawing funds. In the face of his repeated inquiries, the platform's front man replied impatiently that “it doesn't matter you believe or not” and “I don't want to waste time explaining to you.” The man said that people who were wealthy never had so many problems. These words were a cruel blow for Mr. W. What's more, he was still unable to get back his money.

According to inquiry results on WikiFX, the platform was established less than a year ago, which is under no valid supervision. In other words, it is an illegal platform. What it did was only using PUA tactics to undermine traders' judgment and make them amenable to its ideas.

The margin does exist when trading, but the deposit is your margin to the platform. Instead of asking for additional margin, reliable platforms provide investors with funds that equals the deposit multiplied by the leverage ratio.

Whoever excuses that margin payments are the prerequisite for withdrawals is a scam. Such platforms will also require the payment of personal income tax, information revision fees, etc. No matter how condescending the platform appears, the qualification and capability will always have the last word in decision-making!

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