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Magarebate now claims I need to pay a $2,000 “global account reconciliation fee”

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IntroductionI was stunned when I received that message. My account had already been verified weeks ago, I’d pass ...

Magarebate now claims I need to pay a $2,000 “global account reconciliation fee”
I was stunned when I received that message. My account had already been verified weeks ago,FXCM FXCM mobile version MT4 download I’d passed every single requirement they listed, and my withdrawal was marked as “approved.” Suddenly, they hit me with this new fee. There was no prior mention, no notice, and no policy outlining such a cost. Their customer service offered no explanation beyond “recent procedural changes.” They refused to provide documentation and said it must be paid externally—no deduction from my account allowed. That makes no sense unless the goal is to extract more money. This isn’t how legitimate brokers operate. I’ve worked with other platforms and never experienced anything like this. It’s obvious they are trying to bleed traders dry by delaying and denying access to their own funds. Magarebate is a fraud posing as a trading service.

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