# Does the American Trade Council exist

**URL:** <https://community.brokerchooser.com/t/does-the-american-trade-council-exist/377>\
**Category:** Scam Broker Check 🛡️\
**Tags:** not-trusted-broker\
**Created:** [February 16, 2024, 6:30am UTC](https://community.brokerchooser.com/t/does-the-american-trade-council-exist/377 "2024-02-16T06:30:43Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![InfectiousScum2411](https://avatars.discourse-cdn.com/v4/letter/i/c4cdca/32.png) [@InfectiousScum2411](https://community.brokerchooser.com/u/InfectiousScum2411)\
**Post date:** [February 16, 2024, 6:30am UTC](https://community.brokerchooser.com/t/does-the-american-trade-council-exist/377/1 "2024-02-16T06:30:43Z")

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Good day

I have money invested with a broker and he is insisting that I pay $12. This is the message he sent.

“Since your trading account has not yet been verified, you should verify your trading account so that the American Trade Council (ATC) knows that you are about to withdraw your profit as everything is registered and protected by the American Trade Council”.

I have not paid it yet.

Thank you

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**Author:** ![nadam](https://sea1.discourse-cdn.com/flex019/user_avatar/community.brokerchooser.com/nadam/32/4_2.png) [@nadam](https://community.brokerchooser.com/u/nadam)\
**Post date:** [February 21, 2024, 4:58am UTC](https://community.brokerchooser.com/t/does-the-american-trade-council-exist/377/2 "2024-02-21T04:58:43Z")

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Hey there, thank you for your message.

Unfortunately, it’s very likely that it’s a scam. Brokers that try to block your withdrawal with similar reasons (typically, they say you have to pay a tax to make the withdrawal) are scams.

Can you please send the link to the broker’s website? I’d take a look at it and confirm if it’s a scam or not.

Best,  
Adam

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**Author:** ![InfectiousScum2411](https://avatars.discourse-cdn.com/v4/letter/i/c4cdca/32.png) [@InfectiousScum2411](https://community.brokerchooser.com/u/InfectiousScum2411)\
**Post date:** [February 21, 2024, 6:24pm UTC](https://community.brokerchooser.com/t/does-the-american-trade-council-exist/377/3 "2024-02-21T18:24:52Z")

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Good day Adam

Thank you for your reply. Here is the link. [https://sterlingmarketcapital.com](https://sterlingmarketcapital.com)

Thank you

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**Author:** ![nadam](https://sea1.discourse-cdn.com/flex019/user_avatar/community.brokerchooser.com/nadam/32/4_2.png) [@nadam](https://community.brokerchooser.com/u/nadam)\
**Post date:** [February 27, 2024, 3:50pm UTC](https://community.brokerchooser.com/t/does-the-american-trade-council-exist/377/4 "2024-02-27T15:50:08Z")

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Thank you for your reply. Yes, I replied to your other thread with this question: [Is this broker (Sterlingmarketcapital) a scam?](https://community.brokerchooser.com/t/is-this-broker-sterlingmarketcapital-a-scam/371)

Unfortunately, it’s a scam because it’s not regulated at all.