Abstract:Unable to withdraw one’s funds is by far the most worrisome situation that a forex trader could face. Therefore, it is crucial to spend time doing your due diligence before engaging with any forex broker. Use the free database and platform of WikiFX to verify your forex broker at ease.
Unable to withdraw ones funds is by far the most worrisome situation that a forex trader could face. Therefore, it is crucial to spend time doing your due diligence before engaging with any forex broker. Use the free database and platform of WikiFX to verify your forex broker at ease.
WikiFX is not only just a global forex broker regulatory query platform, but we are also a mediator for trading clients and their respective forex brokers. For any inquiry or complaint related to forex brokers, do not hesitate to contact WikiFX via the mediums below:
Recently, WikiFX received an Exposure piece that was submitted by a victim from India about XPro Markets.
Our customer service officer Hamza reached out to this victim to understand the situation thoroughly.
This victim was being careful when communicating with WikiFXs support representative – this is the attitude that every trade should have when talking to anyone online, including your forex broker. When in doubt, always ask for proof or verification.
This is the proof of deposit made by the victim to Xpro Markets at the beginning of July 2022.
However, when the victim started making profits from the currency markets, he was unable to withdraw his money.
He tried to email the forex broker and they did not deal with his withdrawal request, and he was left in disappointment and helplessness.
According to WikiFX, XPro Markets achieved a fairly low WikiScore.
Although XPro Markets stated on their website that they are being regulated by the FSCA, WikiFX discovered that this license has exceeded its validity. Hence, XPro Markets is neither regulated by an authority body nor operates with a valid license.
Another contributing factor is XPro Markets has only been established for a short period of time – only approximately one year. This suggests that its reliability has not withstand the test of time.
WikiFX advises users to opt for established and bigger-scaled forex brokers to avoid any unwanted complications. Read this article for more useful information: https://www.wikifx.com/en/newsdetail/202205262704973667.html.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Prop trading site Propfirmmatch suspends MyFlashFunding after the firm denies payouts due to data feed issues.
In the dynamic world of online forex and crypto trading, success hinges not only on quick decision-making but also on a well-defined trading system. Crafting such a system requires careful consideration of various factors, from market analysis to entry and exit strategies. Here's a comprehensive guide on how to build a winning trading system, step by step.
CFI, an online trading provider, successfully acquired a Category 1 Financial Service Provider (FSP) license from the Financial Sector Conduct Authority, marking its expansion into the South African market.
Sanman Singh, a man who was caught for allegedly swindling Rs 68 lakh through a fake stock trading app, posing as a reputable US investment firm.