DAE Withdrawal Problems | Scam Tactics, Payout Delays, and How to Protect Your Funds with Evidence

1. Basic Information of the Platform: Company and Official Website

• Company Name : DAE INTERNATIONAL FINANCIAL LIMITED

• Registration information : Companies House UK public information shows that the company number is 15368140 , the date of establishment is December 22, 2023 , and the industry category is 64999 - Financial intermediation not elsewhere classified . 👉 Companies House official query

• Official website : https://daes.life/

• Official website content : Showcases trading services such as forex, gold, silver, and cryptocurrency CFDs, and mentions selling points such as "up to 400x leverage" and "TradingView trading terminal."

2. Withdrawal Risk: Common Investor Obstacle Patterns

Whether withdrawals are smooth is key to determining whether a forex/CFD platform is compliant. Based on experience with numerous similar platforms, DAE risk signals primarily focus on the following four areas :

1. Subject to payment of additional fees

• When investors apply to withdraw cash, customer service requires them to pay the so-called "taxes", "deposits" and "thawing fees" first.

• According to the official statement from US FinCEN , MSB registration is solely for anti-money laundering compliance and does not confer the right to charge investors additional fees . If a platform uses this as an excuse to refuse to pay funds, it is a typical fraud scheme.

2. Indefinite delay in payment

• Withdrawals are repeatedly delayed due to "system upgrades" and "bank delays." However, FCA-authorized brokers clearly state in their official FCA statement that client funds must be segregated and available for withdrawal within a reasonable timeframe. If there is no result after more than five business days, this should be cause for concern.

3. Unilateral cancellation of profits

• After some users made profits in their accounts, they were notified of "trading violations" or "suspected hedging", and all their profits were cleared.

• Formal regulated platforms must provide accessible terms and conditions and independent appeals channels (such as the UK Financial Ombudsman Service (FOS )) rather than internal adjudication.

4. Secondary harvesting techniques

• The platform requires "a certain percentage of re-deposit before the account can be unfrozen or withdrawals can be made." This is the most commonly used secondary fraud method used by high-risk platforms.

• Compliance regulators such as the FCA or ASIC have never required investors to pay additional funds before they can get their principal back .

III. Information Disclosure and Compliance Issues

• The misleading nature of MSB registration : DAE advertises that it is "regulated by the U.S. FinCEN," but FinCEN explicitly states that MSB registration is not a license and does not represent recognition or guarantee of legality by the U.S. government , and it must be renewed every two years .

• FCA and the ban on crypto derivatives : Since January 2021, the FCA has explicitly prohibited retail customers from purchasing crypto derivatives , but the DAE official website openly advertises the provision of high-leverage crypto CFDs, which is clearly non-compliant.

• Anomalies in APRA’s regulatory claims : DAE’s website claims that it is “regulated by APRA in Australia under the Banking Act 1959”. However, the official APRA ADI list only applies to banking deposit-taking institutions and does not cover forex/CFD brokers .

IV. Difficulties in protecting rights and operational suggestions

1. Why is it difficult to protect rights?

• Lack of supervision : Lacking a genuine FCA/ASIC license, investment disputes cannot be resolved through the official investor compensation mechanism .

• The cross-border chain is complex : the company is registered in the UK, but its actual operations and capital flows may be in other jurisdictions, making accountability difficult.

• Low information transparency : The official website lacks information on custodian banks, fund segregation, and auditing, making it impossible for investors to verify the whereabouts of their funds.

2. How to preserve evidence?

• Save all deposit receipts (bank transfer records, screenshots of digital currency transfer hashes);

• Screenshots of transaction records, backend account balances, and withdrawal application pages ;

• Keep chat records and email exchanges with customer service ;

• Save the page on the official website that claims "regulatory license, leverage information" as a PDF and use the Internet Archive Wayback Machine to generate an archive link.

3. How to protect your rights?

• Contact funding channels (banks, payment platforms, crypto exchanges) to request interception or recovery of funds;

• Call the local police and provide a complete chain of evidence;

• Submit an unauthorised activity report to the FCA (access: FCA How to check if a firm is authorised );

• Submitting a suspicious activity report to FinCEN (entry: FinCEN MSB Registrant Search ) does not provide personal compensation, but can assist law enforcement agencies in investigating cross-border capital flows.

5. Investor Tips

• The DAE's compliance basis is questionable , with many official statements inconsistent;

• Withdrawal risks are high , and there are high-risk features such as "payment and unfreezing" and "high leverage + crypto derivatives";

• Investors are advised to be cautious and avoid investing if they cannot find a genuine investment regulatory license .

• If you have suffered damage, you should leave traces, call the police, and seek professional legal assistance in a timely manner.

Key Reference Links

• DAE official website: https://daes.life/

• Companies House (DAE INTERNATIONAL FINANCIAL LIMITED, registration number 15368140): official registration information

• WikiFX DAE page (FinCEN MSB registration number 31000289207114): View page

• FinCEN MSB Registrant Search (official search tool): https://www.fincen.gov/msb-registrant-search

• FinCEN Official: Money Services Business Definition and Explanation (MSB ≠ License/Endorsement): https://www.fincen.gov/money-services-business-definition

• FCA Consumer Enquiry Guide: https://www.fca.org.uk/consumers/check-if-firm-authorised

• FCA’s crypto derivatives ban (PS20/10): https://www.fca.org.uk/publications/ps/ps20-10-prohibiting-sale-retail-clients-crypto-derivatives

• APRA Authorised Deposit-Taking Institutions List (ADI Register): https://www.apra.gov.au/authorised-deposit-taking-institutions-adis

📌Risk Warning : Investors are advised not to make large deposits before confirming the DAE platform's compliance. Publicity is seriously inaccurate, and withdrawals are risky. If you are unable to withdraw funds or are asked to pay additional fees, we recommend immediately ceasing operations, preserving all evidence, and seeking assistance through FCA, FinCEN reporting channels , and local police .