|

Information

    Home   >     Original    >     Main body

    Broker Rejected Withdrawal Request and Threatened Investor

    Abstract:Recently, investor reported to WikiFX that GHIFX constantly rejected investor' s withdrawal request and suspend his account after failing to extort money from him.
    微信封面EN.jpg

      Recently, investor reported to WikiFX that GHIFX constantly rejected investor' s withdrawal request and suspend his account after failing to extort money from him.

    描述1.jpg

      Investor reported GHIFX to WikiFX

      Investor showed WikiFX his ID card to ensure an authentic complaint.

    身份证.jpg

      Investor' s ID card

      According to Mr. Sun, he was induced to make a deposit to GHIFX by his e-pal. After one-day copy trade, he wanted to withdraw money in his account due to dissatisfied trading result. However, he had a terrible withdrawal experience. Meanwhile, WikiFX' s investigation also suggests the broker is extremely suspicious.

      1. “Suspicious” receiver

      According to Mr. Sun' s deposit record, the receiver is called “Langu Catering Company in Shantou District Longhu” . Although this may not be sufficient to prove GHIFX was illegal, what happened next made the broker seem highly suspicious.

    入金1.jpg

      Part of Mr. Sun' s deposit record

      2.Withdrawal can' t be processed without paying ¥10,000

      Mr. Sun was dissatisfied with the trading at GHIFX on March 24th this year. In order to ensure the safety of his money, he withdrew it the next day. But, the broker constantly rejected his withdrawal requests and threaten to clear up Mr. Sun' s account balance if he refused to pay extra ¥10,000 as the margin. Apparently, legal broker will not do so.

    客服对话.jpg

      Mr. Sun' s conversation with the customer service

    对话1.jpg

      Mr. Sun' s conversation with GHIFX staff

    出金记录.jpg

      Mr. Sun' s withdrawal record

      3.Mr. Sun' s account was suspended.

      Without paying the so called margin, Mr. Sun cannot access his account.

    无法登陆.jpg

      Mr. Sun' s inaccessible account

      4.GHIFX website replaced

      After entering GHIFX' s website - http://www.ghuifx.com/, we found that it became a gambling page.

    截图.jpg

      The web link of GHIFX from WikiFX App

    官网.jpg

      GHIFX website

      Although Mr. Sun decided to withdraw all his money the second day after depositing, he still didn' t escape from the trap of GHIFX. Investors are strongly advised to keep alert and stay away from illegal brokers.

      About GHIFX

      Regulation Information of GHIFX

    监管.jpg

      GHIFX' s regulation information from WikiFX App

      Further investigation shows the NFA(US)' s license GHIFX held for generic financial services had become invalid due to cancellation or expiration. So the unregulated broker has significant risk.

      MT4/5 Verification

    MT4.jpg

      MT4/5 verification of GHIFX from WikiFX App

      As per investigation, GHIFX uses white-label MT4 software with servers set up in China. White label brokers are usually low in cost and bear considerable risk.

      Network Diagram

    族谱.jpg

      GHIFX' s network diagram from WikiFX App

      Network diagram shows GHIFX is related to 25 white-label brokers, listed as follows: HAWK, FINANCE ALL, AngelFX, OneToFX, MRT, LGAA, TAURO, FAM, GNSSFX, NixonFX, BeneFinance, Circforex, AlisonFx, KOALAFX, GAGFX, Eleva, FA Markets, EMR FX, CI Markets, DC&SJ, Envol Forex, EACHMARKETS, BEST, SLHFINANCE and KUNAO respectively. As GHIFX' s website has become inaccessible, investors should be alert to the potential risk of these related white-label brokers above to better safeguard your assets.

      WikiFX Rating

    GHIFX..jpg

      GHIFX' s interface from WikiFX App

      Rated at 1.75 on WikiFX, currently unregulated GHIFX uses white-label MT4 software with servers set up in China, having considerable risk. Our further investigation confirms the broker not only rejected withdrawal requests but also frozen investor' s account after failing to defraud him of a large sum of money. Now GHIFX website has been closed. In short, WikiFX reminds investors to watch out for GHIFX, as well as its 25 related white-label brokers .

      Conclusion

      A reliable broker is crucial for successful and safe investment. Remember to carefully check a broker' s regulatory information and WOM on WikiFX App before making reasonable investment in order to ensure the safety of your money.

    Brokers related in the article

    Latest News

    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

    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
    Current Rate  :
    --
    Amount
    United States Dollar
    Amount
    -- United States Dollar
    Warning

    Please ignore this e-mail if you have not registered for WikiFX membership; Of course, you are cordially invited to become WikiFX member.

    Given the complexity of forex industry, some brokers are issued legal licenses by regulation institutes by cheating. If the data published by WikiFX are not in accordance with the fact, please use Complaints and Correction function to inform us. We will check immediately and publish the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Notice: Information provided by WikiFX is only for reference and does not indicate any investment advice. Investors should choose brokers by themselves. The risk involved with brokers is not relevant with WikiFX. Investors shall bear the relevant consequences and responsibilities on his own.

    ×

    Select Country/District