PremiumoptionFX safe or not?

[Aditya Sinha]

I invested 69 euro woth bitcoin in premiumoptionfx using it as a wallet. I was not aware that premiumoptionfx is not safe. I have contacted their customer support and they said i need minimum 100 euro to withdraw my money. Im not really sure what to do. I know 69 euro isnt a lot, but id still like to withdraw it back. 

[Simon Mugo]

Hi Aditya,

Most brokers leave the responsibility of reporting and paying taxes up to you. However, most of your trading profits will be taxed as earned income instead of as CGT, which is taxed on investments that you have been holding for a while.

However, I wouldn't worry about taxes at this point as you would have to make a profit first before you can consider paying taxes. However, I cannot give you legal or tax advice given that I am not a licensed professional in your country.

You should consult a tax professional in Ireland to find out exactly how the Irish government classifies the income generated from trading and the taxes levied on the same.

[Anna]

 

Most recovery companies will take your money again. I personally think they are the same set of people that run all of them, seems like an unending cycle and its too sad. The most crazy thing about the whole internet thing is how you can clone a website to make it look like the real one, I discovered so many people fell into this kind of scams. The only recovery company I know that works is Freddictine At consultant dot com
I have been to their physical address to meet them before and the good thing about them is that they will let you know if they can handle your case or not. So they will not just take your money when they already know they wont help you out. email them on Freddictine At consultant dot com