Caution: Stay Away from Bitcore Pro!!

Recently, an investor reported an encounter with a social media user who recommended the Bitcore Pro platform for trading but encountered difficulties withdrawing funds, resembling an online trading scam.

Investor A, an enthusiast of financial endeavours, engaged with a stranger on Instagram who later suggested transitioning to Line, a mobile chatting application, for more convenient communication. Subsequently, the individual disclosed involvement in data hacking for profit and invited Investor A to join for high investment returns. Initially, virtual currencies were placed on the Okx trading app platform and then transferred to the Bitcore Pro URL provided by the individual. Although Investor A initially profited and withdrew funds, further persuasion led to additional investments in Bitcore Pro, resulting in a total deposit of 6-figure yuan.

After the investment, Investor A became concerned about potential fraud and attempted to withdraw funds from the Bitcore Pro platform, only to find the withdrawal request under review. Despite frequent communication from the individual, attempts to video call were unsuccessful, with the individual citing company rules prohibiting camera use due to data hacking activities.

Subsequently, Investor A attempted to withdraw funds again but received no response from Bitcore Pro. Upon consulting customer service, they were informed of the inability to withdraw funds due to a lack of transaction flow. Investor A realized they may have fallen victim to an online trading scam at this point.

This common scam involves several steps: gaining trust through frequent communication, encouraging investments with promises of high returns, persuading victims to deposit larger sums, preventing fund withdrawals, and ultimately disappearing with the funds.

Investor A's experience serves as a cautionary tale against falling victim to such fraudulent schemes in the online trading realm.

Bitcore Pro, formerly known as Tradersplate, underwent a name change to its current designation, Bitcore Pro. Bitcore Pro offers trading services for multiple instruments, including currency pairs, stocks, and cryptocurrencies. Despite the company's claims of being well-established and a member of the Financial Commission, WikiFX discovered that Bitcore Pro is operating without a valid license.

Not only the aforementioned Investor A, Bitcore Pro has amassed numerous complaints from disgruntled clients. Below are the recent complaints received by WikiFX regarding issues at Bitcore Pro:

Hence, WikiFX recommends that users exercise caution and consider exploring alternative brokers with a verified regulatory status from WikiFX's comprehensive database. Download your WikiFX mobile app for free now!