Latest Blacklist: New Tricks to Fraud Spring Up!

Please stay away from seven forex platforms presented herein that have seen the most customer complaints recently according to WikiFX.

1. Elpari Markets: This is an illegal platform named Financial IGM in essence, tempting job-seekers to invest by taking advantage of job opportunities.

2. CWG: An unregulated platform established newly leads traders to unavailable withdrawals for no reason.

3. Guohuijinrong: A newly established platform without any valid regulation conducts romance scams via Line and swindles traders in the name of “Fidelity International”.

4. East: An unregulated platform established newly conducts romance scams via Whatsapp.

5. Exchange: A newly established platform without any effective regulation changes its websites frequently and induces users to make deposits.

6. Explore: An unregulated platform established newly entices traders with bonuses but sets the increase in deposits as a precondition for withdrawals.

7. NEW HONGSHENG LIMITED: The trick played by swindlers is freak as the reason for their promotion campaign of this platform is that traders may be suspected of money laundering when they conduct the cross-border remittance, which can be avoided via this platform.

As a reminder, WikiFX is ready to help you search the information on platforms, involving regulation status, trading environment, and investors feedback, before you open an account on a forex platform in a bid to protect you from illegal ones and ensure your investment safe! (bit.ly/wikifxIN)