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    Top 10 Most Complained Forex Brokers in July, 2019

    Resumen:This week WikiFX released the top 10 most complained Forex brokers list in July for investors' reference.

      

      This week WikiFX released the top 10 most complained Forex brokers list in July for investors' reference.

    7月客诉榜-英.jpg

      Withdrawal failures and losses from copy-trading are still the most common issues among complaint cases in July. Notably the list was composed of low rated brokers without valid licenses and licensed brokers. WikiFX reminds investors to also pay attention to a broker's WOM(word of mouth) in addition to its compliance.

      The following are the main complaint issues this month:

      1. Withdrawal delayed or rejected

      2. Loss caused by broker's misleading trading signals

      3. Investor's data cleared or broker escaping

      4. Slippage caused by broker's malicious action

    7月客诉排行榜-横版.jpg

      FFS Group received heavy complaints with a WikiFX rating 2.09.

      GPAK hasn't valid regulatory status with a WikiFX rating 1.93.

      GMG Markets has valid regulatory status with a WikiFX rating 6.26.

      GCG AISA is an illegal broker with a WikiFX rating 1.63.

      Real Time Futures has valid regulatory status with a WikiFX rating 6.38.

      MIA is an illegal broker with a WikiFX rating 1.45.

      YDF has valid regulatory status with a WikiFX rating 5.71.

      HLJY has valid regulatory status with a WikiFX rating 5.37.

      Rusdav is an illegal broker with a WikiFX rating 2.46.

      Finotec has valid regulatory status with a WikiFX rating 6.63.

      According to the list, five brokers are rated below 3 and the rest all got ratings over 5. Investors are advised to stay away from the low rated brokers and be alert to the medium rated brokers before investment.

      Per the investigation, FFS Group which topped the list in July is rated at 2.09 on the WikiFX App. Its FSPR(New Zealand) financial service license has been revoked and the VFSC(Vanuatu) retail Forex brokerage license is in offshore regulation. The broker has recently been heavily complained by investors. And many investors are said to be taking legal actions to protect their rights, so please watch out for it.

    FFS

      FFS Group's interface on the WikiFX App

      GPAK ranked second on the list with a WikiFX rating 1.93. Without valid regulatory status at the moment, the broker bears serious risks. Therefore, investors should stay away from it.

    GPAK

      GPAK's interface on the WikiFX App

      GCG ASIA, rated at 1.64 only on the WikiFX App, is marked as “illegal” and investors should keep themselves from the broker.

    GCG

      GCG ASIA's interface on the WikiFX App

      MIA, with a WikiFX rating 1.45, is another illegal broker that investors should stay away from.

    MIA·米治-英.jpg

      MIA's interface on the WikiFX App

      Rusdav is rated at 2.46 on the WikiFX App and labeled as “illegal”. Please stay away from it.

    Rusdav·锐达

      Rusdav's interface on the WikiFX App

      For the five brokers in valid regulatory status, investors can find the details of brokers'regulatory information and related complaints on the WikiFX App.

      Conclusion

      The list in July consists of low rated brokers and regulated brokers with medium rating. Investors should stay away from the low rated brokers which have been labeled illegal on the WikiFX App and always check brokers' regulatory information in addition to their WOM(word of mouth) before making rational decisions based on overall consideration.

    El comerciante involucrado en el artículo

    United Arab Emirates Dirham

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Tipo de cambio actual  :
    --
    Por favor ingrese el monto
    United Arab Emirates Dirham
    Monto convertible
    -- United States Dollar
    Advertencia de riesgo

    Los datos de WikiFX provienen de datos oficiales de los organismos de supervisión de divisas, por ejemplo, la FCA británica, el ASIC australiano, etc., los contenidos publicados también se basan en la imparcialidad, objetividad y búsqueda de la verdad a partir de los hechos, las tarifas de gris, como las tarifas de relaciones públicas, de publicidad, de ranking y de limpieza de datos no se cargan a la plataforma de intercambio de divisas. WikiFX hará todo lo posible para mantener la coherencia y sincronización de nuestros datos con fuentes de datos autorizadas, como los organismos de supervisión, pero no promete ser coherente y sincronizada con ellos en tiempo real.

    En vista de las complejidades de la industria de divisas, no se excluye que los comerciantes individuales de divisas obtengan el registro legal de los organismos de supervisión a través del engaño. Si los datos publicados por WikiFX son inconsistentes con la situación actual, envíenosla a través de las funciones "Quejas" y "Corrección" de WikiFX de divisas, lo revisaremos y verificaremos a tiempo y anunciaremos los resultados relevantes.

    El contrato de divisas, metales preciosos y diferencia de valor (transación fuera del sitio) es producto apalancado que presentan un alto nivel de riesgo, y pueden resultar en la pérdida de su capital de inversión, por favor invierta racionalmente.

    En particular, la información que aparece en WikiFX es solo para referencia, y no constituye un consejo de inversión. La plataforma de divisas es seleccionada por el cliente por sí mismo, el riesgo que conlleva la operación de la plataforma no está relacionado con el WikiFX, y el cliente tiene que asumir las consecuencias y responsabilidades relevantes por sí mismo.

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