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    ​Four Silver Bullets to Distinguish Illegal Forex Platforms!

    Abstract:The forex market is rife with high-quality forex platforms and low-quality ones, which is a stumbling block to making correct decisions.

      The forex market is rife with high-quality forex platforms and low-quality ones, which is a stumbling block to making correct decisions. Several tips for distinguishing illegal platforms fast are listed herein:

      1. Prospects orchestrated to tempt users are too splendid to be substantial, such as purchasing a luxury car or being a millionaire on the heels of investment via these platforms. As we all know, gaining profits through forex trading is not easy!

      2. Attractive bonuses are provided to clients, like receiving a rebate of USD 500 by making deposits worth USD 1,000. However, given the thresholds for these gifts, theres no such thing as a free lunch. The more handsome bonuses are, the more you need to pay.

      3. Some illegal platforms arrogate to themselves the names or LOGOs of regulated forex brokers in a bid to fraud.

      4. Owing to personal disputes, some regulated platforms are impaired by their clients maliciously spreading their negative news. Please check their qualifications carefully in face of this kind of situation.

      These four points mentioned above can effectively protect you from illegal forex platforms. Well, is there a tool to solve this issue once and for all? The answer is definitely YES! WikiFX is a forex broker info search APP with comprehensive information on global forex platforms, including their registration, regulation, and reputation, equipping you with a clear-cut picture of their qualifications and ensuring the safety of your funds! (bit.ly/wikifxIN)

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    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
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    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.