Analysis on PTFX ‘s collapse.

It ‘s Ponzi Scheme rather than a real finance platform.The withdrawal hasn’t been received for one and half month by the excuse of limitation of third party!In this society,the fund could be transferred into anywhere within one and a half month.In addition, if the third-party payment channel is affected, then we all know that it will definitely impact the 2 funding ports.And the state will set more limitation on export fund port.The deposit process won’t exceed 15 day,while the withdrawal process needs one and half month!The truth is that PTFX is a Ponzi Scheme.Their commission is the clients’ previous deposit.The disinvestment is the reason of unavailable withdrawal.Please be prepared psychologically,the withdrawal process will be as long as 2 to 3 months!

No response.

The withdrawal hasn’t been received for one week.I have sent emails to ask for the ARN code.No one replies.What kind of platform OLYMPTRADE is?

Be careful about the scam agent.

Be careful.A commission will be asked for the withdrawal.

THB exchange rate reached a 6-year high in Asia

Thai Baht has strong performance against US Dollar in forex market, reaching a highest level of 1:30.315 since June 2013. This year THB/USD exchange rate has increased by 7%, becoming the best performer in Asia.

Most Common Mistakes Traders Make

So you want to become a successful trader? You are going to have to avoid making many common mistakes that traders often fall victim to. You are going to make mistakes as you learn to trade, but the traders who actually start making money are the ones who learn from those mistakes and figure out how to stop committing them over and over. In this article, I am going to discuss the most common mistakes that traders make and give you some simple solutions to them.

GOLD - THE STORY OF 2019

Gold is the most typical one among the safe haven asset stream. In Asian philosophy, Gold represents Authority, Prosperity, Etiquette and Culture. Therefore, when it comes to this precious metal as one of the trading products, the investor community, particularly in Asian countries, seem to pay the most attention.

WikiFX App: Worldwide Solution to Avoid Scam in Forex Industry

Before depositing money for any financial investment, we have to know the company with whom we trust our fund. The goal of financial investment to gain multiple profits from our initial funds could be obstructed indefinitely if we trust the wrong companies, or even worse, scam brokers.

International Funds are Actively Trading Japanese Stocks

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Long-Duration Bond ETF Sees Record Outflows

As the US stock market surges towards its all-time high, investors give up tracking long-term Treasury bonds and turn to risky assets instead.Data shows that the iShares 20+ year Treasury ETF is experiencing a record outflow in the recent week, with traders withdrawing more than US$1.2 billion.

Top 20 Largest Ad-spending Forex Brokers in November, 2019

Recently, WikiFX released the list of top 20 largest ad-spending brokers in November, 2019. Let’s take a look.

CECL regulation explained: How it will impact banks, lending - Business Insider

Starting January 2020, big banks will have to record all expected future losses on their loans once they're issued, thanks to a new accounting rule.

Growing Forex Trade Volume Calls for More Risk Awareness

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41 People Were Trialed for 5 Million Yuan’s Fraud in Anhui

Singapore Faces Fierce Competition from Emerging Ports in SE Asia

In the past few decades, the booming development of the marine industry has generated demand for ports to meet growing economic needs. More countries are committed to improving port infrastructure.

Growing Deficit and Weak Reserve Challenge Vietnam’s Economy

Vietnam has achieved quite impressive economic growth in recent years, yet the country still faces difficulties amid challenges posted by the global economic slowdown. Both IMF and the World Bank noted in their reports at the annual meeting in Washington D.C that the global economy is at its weakest stage since the financial crisis.

THB exchange rate reached a 6-year high in Asia

Thai Baht has strong performance against US Dollar in forex market, reaching a highest level of 1:30.315 since June 2013. This year THB/USD exchange rate has increased by 7%, becoming the best performer in Asia.

Most Common Mistakes Traders Make

So you want to become a successful trader? You are going to have to avoid making many common mistakes that traders often fall victim to. You are going to make mistakes as you learn to trade, but the traders who actually start making money are the ones who learn from those mistakes and figure out how to stop committing them over and over. In this article, I am going to discuss the most common mistakes that traders make and give you some simple solutions to them.

GOLD - THE STORY OF 2019

Gold is the most typical one among the safe haven asset stream. In Asian philosophy, Gold represents Authority, Prosperity, Etiquette and Culture. Therefore, when it comes to this precious metal as one of the trading products, the investor community, particularly in Asian countries, seem to pay the most attention.

WikiFX App: Worldwide Solution to Avoid Scam in Forex Industry

Before depositing money for any financial investment, we have to know the company with whom we trust our fund. The goal of financial investment to gain multiple profits from our initial funds could be obstructed indefinitely if we trust the wrong companies, or even worse, scam brokers.

International Funds are Actively Trading Japanese Stocks

Japan has been the weakest major currency in the past month. Besides the rising market optimism over trade negotiation and Brexit which reduced demand for safe-haven assets, increase in the trading of Japanese stocks by overseas investors has been another notable factor weighing on the yen.

Long-Duration Bond ETF Sees Record Outflows

As the US stock market surges towards its all-time high, investors give up tracking long-term Treasury bonds and turn to risky assets instead.Data shows that the iShares 20+ year Treasury ETF is experiencing a record outflow in the recent week, with traders withdrawing more than US$1.2 billion.

Top 20 Largest Ad-spending Forex Brokers in November, 2019

Recently, WikiFX released the list of top 20 largest ad-spending brokers in November, 2019. Let’s take a look.

Growing Forex Trade Volume Calls for More Risk Awareness

The fifth issue of the London Renminbi Business Quarterly Report, jointly released by the City of London and the People's Bank of China in Europe recently, showed that RMB’s average daily forex trading volume in Q2, 2019 reached a record high of 85 billion pounds, up 8.8% from the previous quarter and a 22.9% increase year-on-year.

ACH that Claims to Hold “FSP License” is Unregulated

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Illegal Broker KP Baited Investor with Small Profits

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WikiFX Visited Hirose Financial in Malaysia

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Moody’s Downgrades India’s Outlook from Stable to Negative

Moody's Investors Service downgraded its outlook on India's ratings from “stable” to “negative”, citing rising risks to India's economic growth. Tumbling down to its lowest level in three weeks, the rupee fell as much as 0.5% against the US dollar to 71.31 at one point, the first decline in three weeks; the Indian stock market also dropped as the NSE index fell 0.4%.

Wall Street Investment Banks Set to Long the Euro

Some Wall Street investment banks have begun to lay out their plans for euro ahead of time. The JPMorgan strategist team said they are looking for opportunities to long EUR/USD. Easing of the trade tension recently, as well as the prospect that Europe will adopt more fiscal policies should boost the euro.

The Latest Economic Data that You Need to Know

Most investors familiar with forex trading may understand the significance of economic indicators- not only do these statistics reflect the macro-economy and currencies’ market trends in different countries, they also have much influence on investors’ trading decisions. Release of key economic indicators often increases market activities and thus influences the forex market.

WikiFX Visited Forex Broker GKInvest in Indonesia

According to regulatory information, GKInvest’s office is located at Multivision Tower Lantai 20, Jl. Kuningan Mulia Lot 9B, Kuningan Persada Complex, Jakarta Selatan, and WikiFX recently visited the broker at the location.

Watch Out! The Broker Davinci May Have Escaped!

Recently, WikiFX received plenty of complaints against the forex broker Davinci, which is likely to have escaped after defrauding numerous investors. One of the victims Ms. Wang told WikiFX about her experience of being cheated by the broker.

Will an NFP Exceeding Expectations Prop up US Economy?

At the turn of October and November, the forex market again sees great ups and downs as US released 2 major economic indicators, the latest Federal Reserve interest rate and the October non-farm payrolls. Besides the market fluctuation, investors also need to pay attention to what these two indicators say about the US economy and its future trend.

WikiFX Visited CIMB Bank in Malaysia

As Southeast Asia speeds up its pace of opening up its financial market to the world, forex trading has become a popular type of investment. The number of forex investors is growing every year as forex becomes increasingly available for people.

British Pound Outlook Hinges on UK Vote as Johnson, Corbyn Debate

The outlook for the British Pound continues to hinge on the outcome of December‘s UK election and its implications for Brexit. The contest’s first debate looms ahead.

CECL regulation explained: How it will impact banks, lending - Business Insider

Starting January 2020, big banks will have to record all expected future losses on their loans once they're issued, thanks to a new accounting rule.

Next stock market crash: Investor returns face new, post-crisis threat - Business Insider

The era of lower interest rates adds a new challenge to the fund management industry that is already battling asset outflows and lower fees.

I'm a senior banker at Deutsche Bank. Here's why I'm worried about its bond business. - Business Insider

Is Deutsche Bank's poor FIC performance transitory？ Or is the division teetering as other European banks start to eat its lunch？

WeWork presentation has numbers critics say should have been in IPO - Business Insider

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Microsoft built a wall around its customers that could stop Slack's growth in its tracks - Business Insider

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Analysis on PTFX ‘s collapse.

It ‘s Ponzi Scheme rather than a real finance platform.The withdrawal hasn’t been received for one and half month by the excuse of limitation of third party!In this society,the fund could be transferred into anywhere within one and a half month.In addition, if the third-party payment channel is affected, then we all know that it will definitely impact the 2 funding ports.And the state will set more limitation on export fund port.The deposit process won’t exceed 15 day,while the withdrawal process needs one and half month!The truth is that PTFX is a Ponzi Scheme.Their commission is the clients’ previous deposit.The disinvestment is the reason of unavailable withdrawal.Please be prepared psychologically,the withdrawal process will be as long as 2 to 3 months!

No response.

The withdrawal hasn’t been received for one week.I have sent emails to ask for the ARN code.No one replies.What kind of platform OLYMPTRADE is?

Be careful about the scam agent.

Be careful.A commission will be asked for the withdrawal.

Your money is not safe

Keep in mind FXsuit is a unregulated, offshore broker, with rather limited credibility.

Trade 12 big scammer be aware

I have requested many times to withdraw my funds, but I don't have a concrete answer yet. 

Unable to withdraw.

The withdrawal hasn’t been received for more than one month.The customer service kept me waiting.

Unable to withdraw the profit.

The withdrawal of profit hasn’t been received for one month,even the withdrawal of the fund is unavailable now.

ضحية UFX

الشركة تنهب ٦٥ ألف من رأس المال و ترفض ردهم رغم وجود كل الأوراق التى تثبت ذلك

The withdrawal hasn’t been received for one month.

1.The previous regulatory has been canceled;2.On October 19th,the company noticed us to withdraw fund since it had canceled its retail business;3.It has been one month since only a portion of fund was received;4.The customer service is out of contact;5.The previous business manager doesn’t reply to message.

Scam NTGFX

With friend’s recommendation,I have traded in NTGFX for one year.Occasionally,there was disconnection,stuck with the platform,which could be restored immediately.After the National Day in 2019,problem became more salient.In the end of October,Ke Hui,who claimed himself as the agent of NTGFX domestically in Zhejiang,told that the withdrawal was unavailable.Later, through the external net,this agent’s wife was verified as the boss of NTGFX .Then the position was taken over by her nephew,his wife’s name removed from the list.As of today,they haven’t took any action to deal with the funding channel.The boss promised to compensate clients’ losses,which was meaningless.

Scam platform

The platform claimed that the funding process was at a lighting speed,while it doesn’t seem like this.It promised as long as I deposited $1000,$2000 to $3000 would be sent.Actually,the withdrawal is unavailable.All customer service has disappeared,as well as the website.The QQ group was dismissed.

Unable to withdraw

Need to do 500 lot trading for account $7500 with $10 commissions for each lot and high spread cost, they rob us as investor who trust and invested in them, now they annouce a new rules that prohibit us to use hedging and trading balance method which is legal in forex

A commission was asked for a withdrawal.

The teacher only claimed that the service charge was 20% of the profit,not mentioning about the commission.A $4000 commission was asked for a withdrawal,which was an induced deception.

Induces scam platform Shi Jin Investment ,which operated by Li Fei.

In September,I was pulled into a group,which was led by Li Fei.In the middle October,he took the initiative to multiple shareholders’ fund and asked us to buy his fund by 50% of their profits.Then he advised us to open the second account to earn money more quickly by trading stock and index simultaneously.On the night of October 30th,the price of Asia manufacturing index declined sharply from 95.8.On the next day,the teacher insisted that we set the take-profit price at 96.8,with the margin rate at 200%.Then he noticed us to stop loss and transfer the fund into index account and that the margin rate has been raised to 350%,even above 500%,saying that he would add fund as well.I this way,I made all losses of 580000 RMB.The scam platform Zhanhao has modified its name into Li Fei. In his live-broadcasting room named “Eagle Plan”,he gave instructions on orders from Monday to Friday,14:00 to 15:00 and 20:00 to 21:00.The virtual index trading platform in MT4 is a scam.By giving order recommendation and manipulation on index market,he enabled us to lose all.Later,we realized that our fund hasn’t been flowed into the real trading market.The platform keeps defrauding by changing names,which has cheated clients of billions of fund.Hope the police can file it as a case and send them to punishment to prevent person form being cheated.

Ponzi Scheme BOGOLD FX

I made a scalping trading for 1 minute,2 minutes,5 minutes,etc. In BOGOLD FX in 2017,always making losses.Eventually,the withdrawal was unavailable.The platform gives no respond.

The withdrawal hasn’t been received for more than one month.

Scam platform PTFX has several different funding account.The withdrawal hasn’t been received for more than one month.

Scam platform OANDA defrauds clients’ fund.

The application of withdrawal was refused by the reason of wrong information.I was asked to pay 20% margin and then to raise my credit score.After all done on 12nd,the request was still turned down on 13rd,and the fund should be remitted artificially for 15 workdays.Have I been cheated?

Unable to withdraw in PTFX

The withdrawal applied on October 10th hasn’t been received yet for more than one month.The referral kept me waiting since the it was verified by the domestic bank.I was anxious,having no idea of my fund.

Losses by Zhang Jun of Yajin Finance

I do clothing business.In this September,I was pulled into a group,in which teacher Zhang Jun and Wang Jianguo recommended stocks.At first,Wang took us to establish platform to earn 3 times of incomes.Then he showed his great profit in the group.I deposited 100000 RMB.There was a little profit at the beginning.On the fourth time,Wang took me to operate and I made a profit of 20000 RMB.Then I made constant losses.He asked me to add fund.Having deposited 250000 RMB.my balance was only several thousand left.

Reveal of scam!

My surname is Lu,operating a small-scale supermarket and living a prosperous life.At leisure,I like investing stock.In this August,I was pulled into a stock group,in which there were teachers who taught stock.Chatting with us, he taught us earning money by stock investment.He also gave me one-to-one analysis on stock.Having taught for some while,he said that the market was volatile and recommended us the CEHNTURAL platform.He asked us to deposit money into the platform to earn big money.Having seen that more and more person making profits,I deposited 1000000 yuan to trade followed by teacher without being resistant to the temptation.I did make profits on beginning days.On the day of end July, the teacher told us to add positions to make greater profits.I deposited another 200000 yuan,but only 100000 was left eventually.I felt something abnormal which I was reluctant to believe subconsciously.Additionally,whenever I made a loss,the salesman and order-recommendation teacher of the platform would talk nonsenses on terminology and urge me to add fund gain more profits than losses.I added fund to 400000 yuan in total.After making a loss of 200000 yuan,my remaining 90000 was in the status of closed position.I realized that I have been cheated and wanted to have a withdrawal.But the analyst asked me to add 100000 RMB for the withdrawal.

The withdrawal hasn’t been received yet for 7 days.No one replies to the email.

The withdrawal hasn’t been received yet for 7 days.No one replies to the email.