One day I was contacted by a person called Steve Jones over LinkedIn, he told me that he was an Account Manager for the broker EliteFx Trader.
After being in contact for around a month, he motivated me to invest 550 USD. He showed me step by step how I could change Euro into bitcoin on Cex.io and how to transfer these bitcoins to the broker. We compared a commission of 20% from the profits he makes for me and he also told me that I will get 5% from his commission for referrals to other people.<br />
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After we made a little profit, he told me that it was necessary to invest more money to make higher profits. He said that the perfect amount is 1 BTC, but I told him that it was only possible to invest no more than 2200 USD. With this amount I could book the elite package “with the maximum profitability of 24 999€.<br />
My profit increased every week, and Steve Jones motivated me not to withdraw any money because he said that we could make up to 100 000€ till the end of the trading session.<br />
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One day I got a message from EliteFx Trader saying that my account was suspended. They said it was due to my high profits that were around 37000 USD and an upgrade to the higher package with a profitability of 99 000 USD was necessary. <br />
EliteFx Trader first wanted me to invest another 3000 USD for the next higher package, but I told them that I had no money left. I also told them that I had already Invested 2700 and if it was possible to invest only 300 USD for the next higher package (the next higher package demanded an invest of a minimum of 3000 USD).<br />
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This company is an unregulated broker and does not have the licenses to operate in any European country.<br />