unable to withdraw money

Wait aldy 10 days still haven't get the money

NCM disappeared

Some web page was gone. The customer service doesn’t reply to me.

The service response was extremely slow.

What happened? The customer service is out of contact, which is really concerning.

Instagram Forex Scam: Can Investor Profit Immensely via “Copy-trading”？

UK’s FCA(Financial Conduct Authority) has always been at the forefront in the fight against scam brokers, and the regulator recently put several companies, including LukeTradesFx, on a warning list to help investors stay away from possible frauds.

WikiFX Visited Forex Broker AFX in Cyprus

AFX Group is a retail forex broker licensed by the FCA(UK) and CySEC(Cyprus). In July last year, the Cyprus Securities and Exchange Commission(CySEC) suspended the license of forex broker AFX Capital Marekets for 10 days, because the broker violated customer funds protection regulations and caused negative impact on the orderly and stable development of the market. Later, the British Financial Market Conduct Authority(FCA) also suspended the company's license. In order to protect investors' assets safety, WikiFX team visited AFX Group in Cyprus.

The market believes the Fed will cut rates by September. Should it?

The case for and against responding to investors’ tantrums

Two key moves from the Federal Reserve have boosted stocks

KEY POINTS The stock market has been riding high, helped in large part to two critical moves the Fed made in October last year. One was a pledge to hold rates steady while inflation remains low, the other an intervention in the repo market. While the moves have boosted the market and growth projections, some on Wall Street worry that inflation targeting in particular could go awry.

‘Bond King’ Jeffrey Gundlach says Bernie Sanders is the biggest risk to the financial markets in 202

KEY POINTS DoubleLine CEO Jeffrey Gundlach said Bernie Sanders is the odds-on favorite to win the Democratic nomination in the 2020 presidential election, and the markets are not prepared for it. “The financial markets broadly will have to deal with the fact that there could be a scare that Bernie Sanders is starting to become a plausible candidate for the nomination,” Gundlach said. For his markets predictions, Gundlach said his highest conviction idea is that the dollar will weaken. He also predicted emerging markets will outperform this year, saying investors should look for buying opportunities there for both equities and bonds.

Two key moves from the Federal Reserve have boosted stocks, but they could come with a price

KEY POINTS The stock market has been riding high, helped in large part to two critical moves the Fed made in October last year. One was a pledge to hold rates steady while inflation remains low, the other an intervention in the repo market. While the moves have boosted the market and growth projections, some on Wall Street worry that inflation targeting in particular could go awry.

$1tn is just the start: why tech giants could double their market valuations

As Alphabet becomes the latest firm to achieve a 13-figure market cap, analysts still forecast years of growth ahead.

Luxury goods maker now richer than richest: Amazon CEO

NEW YORK: Amazon CEO Jeff Bezos is no longer the world’s richest person—for now, at least, foreign media reported.

Next stock market crash: Shrinking profit growth spells doom for rally - Business Insider

Stock market investors are confronting an "incredible valuation problem" that can stop the rally in its tracks, according to SocGen's quant experts.

Watch Out for XM: the High-rating Broker Isn’t 100% Risk-free

WikiFX is scheduling an exposition this year in Dubai, the financial capital of the UAE, and as the initial preparations proceed recently, we received a complaint against broker XM from Mr. Sadon, an investor from Saudi Arabia. He shared his experience of suffering unjustified losses when trading on XM, in order to warn other investors against the broker.

CAD Will Have Less Upward Momentum in the New Year

As the G10 currency that performed the best in 2019, Canadian dollar may see a rather smooth horizontal trend this year partly because weakening domestic economy, and partly because the positive influence of easing trade tensions has been fading. CAD rose 5% against the USD in 2019, with nearly half of the increase gained in the last few weeks, benefiting as several other currencies from a reduce of risk factors at the end of 2019.

Economic Outlook of the Eurozone in 2020 Is Expected to Be Steady

In 2020, economic growth of the Eurozone and the world in general will also depend on how global trade talks turn out, particularly whether negotiations between various global players, including Britain and the European Union, can eliminate uncertainties in international trade.

Aussie Faces Weak Demands Both Home and Abroad

Australian economy appeared sluggish in 2019. Stagnant wage growth and debts piling up have made consumers significantly reduced their spending, and though Reserve Bank of Australia had lowered the interest rate by 0.75% through 3 rate-slashes, private consumption remained low.

Instagram Forex Scam: Can Investor Profit Immensely via “Copy-trading”？

UK’s FCA(Financial Conduct Authority) has always been at the forefront in the fight against scam brokers, and the regulator recently put several companies, including LukeTradesFx, on a warning list to help investors stay away from possible frauds.

WikiFX Visited Forex Broker AFX in Cyprus

AFX Group is a retail forex broker licensed by the FCA(UK) and CySEC(Cyprus). In July last year, the Cyprus Securities and Exchange Commission(CySEC) suspended the license of forex broker AFX Capital Marekets for 10 days, because the broker violated customer funds protection regulations and caused negative impact on the orderly and stable development of the market. Later, the British Financial Market Conduct Authority(FCA) also suspended the company's license. In order to protect investors' assets safety, WikiFX team visited AFX Group in Cyprus.

Watch Out for XM: the High-rating Broker Isn’t 100% Risk-free

WikiFX is scheduling an exposition this year in Dubai, the financial capital of the UAE, and as the initial preparations proceed recently, we received a complaint against broker XM from Mr. Sadon, an investor from Saudi Arabia. He shared his experience of suffering unjustified losses when trading on XM, in order to warn other investors against the broker.

USD/JPY Dropped Below 110

For the first time since May, the yen’s rate has dropped below 110 per USD, as positive outlook for the trade agreements has weakened market demand for safe-haven assets. Before the first phase of the trade agreement was signed on Wednesday, the U.S. government removed the “currency manipulator” label imposed on China.

Another Investor Fell Victim to the Evil Broker PTFX

Although PTFX has already become a notorious scam broker in the forex circle, but the company still hasn’t given up the chance to lure more unwary victims into its trap with its high publicity. Recently, WikiFX received complaint from another investor who fell victim to PTFX.

WikiFX Visited Another Indonesian Broker Megagrowth

As an emerging power on the global financial market, Indonesian brokers are gaining greater visibility on the international stage in recent years and have attracted growing attentions from investors. Indonesia, the most populous of Southeastern countries, has been home to hundreds of forex brokers so far. Today, WikiFX is visiting the broker Megagrowth.

NEW YEAR TIPS: 3 Questions You Should Ask to Avoid FX Scams

Unregulated brokers who block withdrawals can count as one of the worst nightmares of forex investors. Bear in mind that there's no such thing as a free lunch. Don’t be fooled by empty promises of scammers and focus only on profits, because when you indulge yourself in the illusion of becoming rich, you can easily neglect the huge risks and potential losses that hide behind.

WikiFX Visited Forex Broker BPF in Indonesia

As WikiFX team continues the journey of visiting Indonesian brokers, we concluded the survey tour on Royal Trust and moved on to visiting forex broker BPF.

Illegal EXNESS Deceived Thai Investor and Postponed Withdrawal

An investor from Thailand recently told WikiFX his experience with the broker EXNESS.

Analysis of CFTC’s Latest COT Report

A report released by the US Commodity Futures Trading Commission (CFTC) on Monday (January 6th, 2020) showed that as of the week from December 25th to December 31st,2019, speculative net longs in US dollars decreased by 1,177 to 12,054 contracts, indicating that investors have become less bullish on the US dollar.

WikiFX Visited Forex Broker Royal Trust in Indonesia

As the most populous Southeastern Asian country, Indonesia has seen a thrive of its financial industry in recent years. But despite the massive scale of its economy, the country still has a long way to go in terms of financial regulation credibility. Upon investors’ requests, WikiFX team has been visiting forex brokers based in Indonesia. After checking out on Soegee Futures last time, we’re visiting Royal Trust on this trip.

Bushfire Will Reduce Australia’s GDP by 0.3%

The Reserve Bank of Australia is likely to mention the negative effects of the wildfire on economic outlook in the February policy statement. The main short term impact of wildfire will be on farm production and private investment.

Stone Lion Swallowed Malaysian Investor’s Funds with Despicable Means

Recently, Mr. Lin, a Malaysian investor, reported to WikiFX how he was defrauded by the illegal forex broker Stone Lion.

WikiFX Visited Binary Option Broker 33option in Cyprus

Near the end of the year, forex market is still busy as ever, while the illegal forex brokers are taking the opportunity to defraud investors. Forex scams related to exchange rates are difficult to curb despite the regulatory efforts. Upon investors’ request, WikiFX team recently visited the licensed branch of forex broker 33option in Cyprus.

OLYMPTRADE’s IB Defrauded Investor Through Fake “Investor Group”

In speaking of investment, broker scams in forex trading seem to be a recurring theme. As with many industries, the fast growing forex industry also has plenty of predators, who look to take advantage of newcomers. These illegal brokers target the typical mindset of investors to make money quickly and induce investors to engage in unregulated or high-risk investments, causing them heavy losses. Recently, Ms. ANGELIC0905 from Indonesia told WikiFX about how she was defrauded by the illegal broker OLYMPTRADE.

A Brief Look on the Forex Market in the First Week of 2020

Having said goodbye to 2019, the forex market soon entered the first trading day in 2020. Due to the long holiday, the market has not been very liquid at the start of a new year. USD may be largely affected by political factors, while the move of other currencies this week has been signaling further trend. Let’s take a look on the forex market in the first week of 2020.

Hedge Funds’ Outlook for USD Is Bearish for the First Time Since 2018

WikiFX Visited Pasifik Futures in Indonesia

Regulatory information suggests that the licensed branch of forex broker Pasifik Futures in Indonesia is at APL Tower Central Park Lantai 30, Jl. LetJend S. Parman Kav. 28 Jakarta Barat, and WikiFX team recently visited the broker at the spot.

The market believes the Fed will cut rates by September. Should it?

The case for and against responding to investors’ tantrums

Two key moves from the Federal Reserve have boosted stocks

KEY POINTS The stock market has been riding high, helped in large part to two critical moves the Fed made in October last year. One was a pledge to hold rates steady while inflation remains low, the other an intervention in the repo market. While the moves have boosted the market and growth projections, some on Wall Street worry that inflation targeting in particular could go awry.

‘Bond King’ Jeffrey Gundlach says Bernie Sanders is the biggest risk to the financial markets in 202

KEY POINTS DoubleLine CEO Jeffrey Gundlach said Bernie Sanders is the odds-on favorite to win the Democratic nomination in the 2020 presidential election, and the markets are not prepared for it. “The financial markets broadly will have to deal with the fact that there could be a scare that Bernie Sanders is starting to become a plausible candidate for the nomination,” Gundlach said. For his markets predictions, Gundlach said his highest conviction idea is that the dollar will weaken. He also predicted emerging markets will outperform this year, saying investors should look for buying opportunities there for both equities and bonds.

Two key moves from the Federal Reserve have boosted stocks, but they could come with a price

KEY POINTS The stock market has been riding high, helped in large part to two critical moves the Fed made in October last year. One was a pledge to hold rates steady while inflation remains low, the other an intervention in the repo market. While the moves have boosted the market and growth projections, some on Wall Street worry that inflation targeting in particular could go awry.

$1tn is just the start: why tech giants could double their market valuations

As Alphabet becomes the latest firm to achieve a 13-figure market cap, analysts still forecast years of growth ahead.

Luxury goods maker now richer than richest: Amazon CEO

NEW YORK: Amazon CEO Jeff Bezos is no longer the world’s richest person—for now, at least, foreign media reported.

Next stock market crash: Shrinking profit growth spells doom for rally - Business Insider

Stock market investors are confronting an "incredible valuation problem" that can stop the rally in its tracks, according to SocGen's quant experts.

In the stock market, it’s become Apple, Microsoft and Alphabet vs everyone else

KEY POINTS Does a relative shortage of stocks combined with somewhat mechanical sources of buying explain the Dow rising to 29,000? What’s truly scarce are big, reliable cash flows that investors believe will endure economic wobbles and constant technological disruption. This has created a vastly bifurcated market, and an unusually wide spread between the valuation of the most expensive stocks and the cheapest ones. In aggregate Apple-Microsoft-Alphabet trades at 26-times this year’s profits, with no debt and enormous capacity to invest, buy back stock or fund future dividends. The broad market is below 19-times earnings.

Trump, Ocasio-Cortez, politicians wrong about US economy, stock market - Business Insider

Trump says stock records prove the economy is great. Alexandria Ocasio-Cortez thinks it's terrible for normal people. They're both wrong — and right.

Investing in the space industry: Who are the players, how much money - Business Insider

Space Angels, a venture-capital firm Behind SpaceX, the rocket company founded by Elon Musk, a crop of new private space ventures has emerged

BoE and FCA propose management expenses levy limit of £83.2m for FSCS for 2020/21

The FSCS has indicated that it may need to use £2.6 million of its 2019/20 contingency reserve due to an unexpected rise in the number of claims it will need to handle in that year.

FCA Assumes New Supervisory Role for UK Crypto Assets

The new requirements focus on the identification and assessment of risks of money laundering and terrorist financing.

unable to withdraw money

Wait aldy 10 days still haven't get the money

NCM disappeared

Some web page was gone. The customer service doesn’t reply to me.

The service response was extremely slow.

What happened? The customer service is out of contact, which is really concerning.

Scam

I was scammed large amounts of money by the platform, now troubled by poverty.

Scam NCM

NCM transferred investors’ hard-earned money into scam platform, leading to unavailable withdrawal.

NCM absconded

Has NCM absconded? Its score was high on WikiFX.

NCM has absconded

Its website is disabled. The withdrawal of profit is unavailable for 2 months, let alone fund!

Unavailable withdrawal

The withdrawal is still unavailable for a week and another 7 workdays.

Unable to withdraw

Why you refuse my withdrawal request and even withhold my profit?

Manipulation

By manipulation, the platform made member suffer all losses once they placed orders and absconded with the fund.

Swissquote gave no access to withdrawal, asking for a margin

Swissquote has recruited many agents to pull more clients in, then give no access to withdrawal.

OTM Trade is a rip-off

The platform gave no access to withdrawal with grinding reasons.

Unavailable deposit led to forced liquidation.

After I made a profit, the platform prohibited me form depositing, thus, I couldn’t add margin.

The company disappeared.

The withdrawal is unavailable for one month and the customer service has been out of contact. Has the company run away?

The time for opening an account is extremely slow. Bad service experience.

The time for opening an account is extremely slow. Bad service experience.

The branch in Foshan, Guangdongn has been exposed by the police.

The branch in Foshan, Guangdongn has been exposed by the police. The company was a Ponzi Scheme and its boss has been seized.

Don’t deposit in this platform.

While the deposit is available, the withdrawal is unavailable. The platform even hasn’t customer service.

Unable to withdraw in Reonefx

Reonefx gave no access to withdrawal, claiming that it is under investigation, thus the funding channel was frozen. I am not sure whether it is true.

The company hasn’t noticed its clients after merging. Much potential remains to be tapped.

The company hasn’t noticed its clients after merging. Much potential remains to be tapped.

All fund was gone

In couldn’t withdraw the fund, let alone profit.

Ponzi Scheme

I was induced into this Ponzi Scheme! It is a rip-off. Take heed on it.