Trader logo

💸 The Withdrawal Fee Scam: How Fake Brokers Trap Victims Again

Why thousands of victims lose even more money after trying to withdraw their so-called profits—and how to avoid falling for the second trap.

By Kristina UlloaPublished 8 months ago • 2 min read

“You can withdraw your profits… after you pay the fee.”

That one sentence has cost thousands of victims millions of dollars.

Online trading scams don’t always end when your money’s gone. For many people, the second part of the scam is even worse—when they’re tricked into paying more money just to get their own funds released. This is the cruel setup known as the withdrawal fee scam, and it’s happening every single day.

🎯 How This Scam Works

The first part looks like a win: you invest, your account shows growth, and everything feels legit. Maybe you even get regular updates from a friendly “account manager.” Then you ask to withdraw.

Suddenly, you’re told there's a fee to unlock your profits. This might be called a withdrawal fee, tax clearance, security verification, or account unlocking fee. And it’s usually 10%–30% of the total.

Pay it? The platform vanishes.

Refuse? They threaten to freeze your account or “report” you.

💀 Fake Brokers Behind This Tactic

While not all shady sites use this trick, many do. Here are some that have been repeatedly reported by users:

World Coin Community LTD

Gold Asset Capital

Wealthforge Investments

Dulextrades

TradersPrime MARKET

INVESTI SMART

Gavel Trades

FX273

Vtros

Access Trade Tech

INVESTI SPROUT

Virtual Capital

MOREINTS

AXISFX

WHITEROCK24

Twelve Whales LLC

CRYPTOANERS

DENDEXOL

ENERGYFX

CrescoNexus

Fxstrategycenter

APEX PIP

Trade121 Capital Ltd

Schroders / Schroder & Co (a clone of real FCA-regulated firms)

These sites often impersonate real trading firms or hide behind flashy websites with fake testimonials and fabricated dashboards.

⚠️ The Second Scam: “We Can Help You Get It Back…”

After getting burned, victims often search online for help. That’s when “recovery agents” step in.

They say they can get your money back—but only after you pay an upfront “case fee” or “legal retainer.” It’s a trap. These fake helpers are often run by the same scammers or work as affiliates. If you've already been scammed, you're a prime target for another round.

If someone asks you to pay first to “get your money back” — walk away.

🧭 What Can You Actually Do?

It’s tempting to give up, but there are paths to clarity.

Some victims turn to trusted investigation firms like ClaimWay (cwpsc.com). They don’t promise magic or make you pay upfront. Instead, they look into what really happened—how the scam worked, whether your info was sold, and what steps you can take now.

It’s not always about instantly getting your funds back, but about getting real answers and guidance, not fake comfort.

🔐 What You Should Never Do Again:

Never pay any fee to withdraw funds from a broker you don’t 100% trust.

Never pay upfront for “recovery help.”

Never give access to your email, wallet, or banking apps to someone who messages you out of the blue.

🛡️ Final Thought

Scammers today don’t just steal your money once. They circle back and bleed victims twice—emotionally and financially. The best defense is awareness, and when you’re stuck, the best support is from sources that offer clarity, not guarantees.

If you’ve been caught in a withdrawal fee scam, you're not alone—and you're not without options.

Look into claimway [cwpsc.com] for safe, no-pressure guidance. No fees upfront. Just facts, support, and an honest breakdown of what’s still possible.

advicefintechinvestingpersonal financeproduct reviewstocks

About the Creator

Kristina Ulloa

Scam-awareness writer breaking down real cases to help people avoid online traps. No fluff. No fake promises. Just facts that could save your savings.

Reader insights

Be the first to share your insights about this piece.

How does it work?

Add your insights

Comments

Kristina Ulloa is not accepting comments at the moment
Want to show your support? Send them a one-off tip.

Find us on social media

Miscellaneous links

  • Explore
  • Contact
  • Privacy Policy
  • Terms of Use
  • Support

Š 2026 Creatd, Inc. All Rights Reserved.