|

News

    Home   >     Original    >     Main body

    Another Investor Fell Victim to the Evil Broker PTFX

    Abstract:Although PTFX has already become a notorious scam broker in the forex circle, but the company still hasn’t given up the chance to lure more unwary victims into its trap with its high publicity. Recently, WikiFX received complaint from another investor who fell victim to PTFX.
    900-510-英.jpg

      Broker: PTFX

      Regulatory status: unregulated

      Complained by: anonymous investor

      Cause of complaint: investor couldnt withdraw

      Although PTFX has already become a notorious scam broker in the forex circle, but the company still hasnt given up the chance to lure more unwary victims into its trap with its high publicity. Recently, WikiFX received complaint from another investor who fell victim to PTFX.

      Event recap

      This victim first signed up and made deposit at PTFX in early 2019. Although there were already many negative comments about PTFX online back then, the investor, lured by the “high profits” slogan from the broker‘s advertisements, still decided to “test the water”. In March, 2019, the investor applied for a withdrawal for the first time; the money wasn’t immediately received, but arrived in investors account after a week. Since then, negative news about PTFX has almost never stopped, but the investor was “lucky”enough not to encounter any trading irregularities.

      By early October, the investor submitted a withdrawal request again, but this time he no longer had such luck: the withdrawal was delayed, while the brokers customer service offered no explanation or solution other than excuses, and he was even kicked out of the chat group. Later, when the investor logged on to the platform website again, his original withdrawal application records had been erased. Until now, the victim has not been able to withdraw funds from his account.

    1-1.png
    Investor submitted 2 withdrawal applications on PTFX

    1-2.png
    1-3.png
    Investors trading records had been deliberately wiped out by PTFX

      About PTFX

      PTFX has already become a notorious broker with some of the worst reputations in the forex circle. WikiFX has exposed it for many times in hope of warning investors against this illegal broker, yet many gullible investors who are eager to make profits have still fallen into PTFXs trap. According to WikiFX App, PTFX is without valid regulation, while under heavy complaints from investors who accuse the broker for blocking their withdrawals. WikiFX has labeled the broker as illegal to warn investors to stay away.

    2(英语).jpg

      

      Conclusion

      Though the desire for fortune is more or less a human nature, any expectation or attempt to generate huge profits without any proportional effort are both unrealistic and dangerous. While forex market is well-known for its lucrativeness, investors should never ignore the accompanying high risks. To find out more about any forex broker, please log on WikiFX website or App where you can easily access comprehensive information about brokers and the forex market.

    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
    Convertible Amount
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release 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 Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.

    ×

    Select Country/Area