USDC Investment is Total SCAM!

A random lady contacts a guy on WhatsApp and asks him to start trading with USDC Investment. More than one month, she daily urges him to Invest money with the broker. Ultimately, on May 24, 2023, He invested his hard-earned money in USDC Investment. This was the beginning of his downfall.

That user from India contacted Wikifx and filed a complaint against USDC Investment about the scam. The user told, “I invested 2-3 lacs and earned profit over it. The total amount in my account went to 10 lacs. Approximately”. In his complaint, the victim added, “When I asked for a withdrawal, The company asked me to deposit 20% of the amount for tax verification. I did accordingly”. The victim shared, but still, they did not permit him to withdraw money.

Even USDC Investment emailed him and asked for 10% more to deposit as his account shows abnormal behavior. The victim added, “When I refused to deposit more money. They again emailed and threatened me that they will lodge a complaint against me on the charge of Money Laundering. After that, they did not contact me.”

When we searched for this Broker on Wikifx, We found that it does not have a license. Also, the score is too low: 1.07 out of 10. Which is itself a red flag to avoid the Broker.

About USDC Investment

USDC Investment is a relatively new brokerage firm based in the United States. With its proprietary trading platform, traders have access to a wide range of tradable assets, including forex currency pairs, indices, commodities, stocks, and cryptocurrencies. Although the company operates without specific regulations, it aims to provide limited customer support through phone, email, and live chat. However, information about account types, deposit and withdrawal methods, as well as educational resources, is currently not specified. USDC Investment's regulatory status is currently unverified, and there is no valid regulation in place for this broker.

Wikifx is a platform that can help you in various ways. It provides you with information on forex brokers and their services, allowing you to compare and choose the best one for your needs. Additionally, With its user-friendly interface and reliable data, Wikifx is a valuable tool for both novice and experienced traders. Download Wikifx app on your phones. Here is the Link to the download: https://www.wikifx.com/en/download.html