Abstract:As WikiFX Forex Rights Protection Day concludes, the staggering numbers unveil a stark reality in the world of forex trading.
As WikiFX Forex Rights Protection Day concludes, the staggering numbers unveil a stark reality in the world of forex trading. With over 2,000 evidence chains collected and a total recovery amounting to $764,365, the campaign sheds light on the plight of victims from more than 80 countries ensnared by fraudulent practices. Among the plethora of exposed black platforms, the voice of over 200,000 traders resonates, seeking justice and awareness.
As WikiFX Forex Rights Protection Day concludes, the staggering numbers unveil a stark reality in the world of forex trading. With over 2,000 evidence chains collected and a total recovery amounting to $764,365, the campaign sheds light on the plight of victims from more than 80 countries ensnared by fraudulent practices. Among the plethora of exposed black platforms, the voice of over 200,000 traders resonates, seeking justice and awareness.
To empower traders with knowledge and vigilance, WikiFX has meticulously curated a list of the top five most complained brokers from the campaign. These brokers, adorned with deceptive facades, have left a trail of disillusionment and financial loss in their wake. Let us delve into their disheartening profiles:
Top 5: AlgoFX
WikiFX Rating: 1/10
Number of Complaints: 1
Money Involved: $6,510
AlgoFX, adorned with a dismal rating of 1/10, stands as a testament to deceit. Despite a single complaint, the involvement of $6,510 reflects the magnitude of damage inflicted upon unsuspecting traders.
Top 4: Paxful Financials
WikiFX Rating: 1.36/10
Number of Complaints: 2
Money Involved: $167
Paxful Financials, with a meager rating of 1.36/10, exhibits a lack of integrity mirrored by two complaints and a modest sum of $167 implicated in dubious dealings.
Top 3: MOGAFX
WikiFX Rating: 5.87/10
Number of Complaints: 2
Money Involved: $258
Despite a comparatively higher rating of 5.87/10, MOGAFX's inclusion in this list underscores the prevalence of malpractice. With two complaints and $258 entangled in fraudulent activities, vigilance remains paramount.
Top 2: Ventezo
WikiFX Rating: 1.81/10
Number of Complaints: 4
Money Involved: $21,180
Ventezo's dismal rating of 1.81/10 echoes the harrowing experiences of four traders, grappling with losses totaling $21,180. The prevalence of complaints serves as a cautionary tale against succumbing to deceptive allure.
Top 1: FXOpulence
WikiFX Rating: 1.86/10
Number of Complaints: 8
Money Involved: $7,634
Earning the ignominious of the most complained broker, FXOpulence's rating of 1.86/10 underscores its egregious practices. With eight grievances and $7,634 embroiled in deceit, the magnitude of its deception cannot be understated.
Conclusion
As the curtains draw on WikiFX Forex Rights Protection Day, the testimonies of victims reverberate as a clarion call for awareness and diligence. Let these five brokers serve as cautionary tales, urging traders to exercise prudence in navigating the treacherous waters of forex trading. In the pursuit of financial prosperity, let not ignorance be our downfall.
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.
Nigeria's FX reserves have experienced a notable decline of almost $2.16 billion during a period of 29 days, despite the Central Bank of Nigeria's (CBN) vigorous attempts to stabilize the value of the naira. As of April 15, 2024, the CBN's current estimates show that the FX reserves are at $32.29 billion, from $34.45 billion on March 18, 2024.
In this article, we will conduct a comprehensive examination of EPFX, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
Navigating the forex and cryptocurrency markets can be a challenging journey, particularly for traders who find themselves consistently experiencing losses and grappling with the question: "Why do I always lose in trading?"
Interactive Brokers has expanded trading hours for US Treasury bonds, now allowing trading for 22 hours daily.