WikiFX recently released the top 20 most visited Forex brokers list in May, 2019. The month has seen news such as broker’s CEO being arrested or broker terminating business in China, stirring up the Forex circle. Now let’s take a look at how the trend of investors’ visit to brokers has changed.
WikiFX recently paid a visit to Forex broker XM' s licensed office in Cyprus to gain a more in-depth view of the broker with multiple licenses.
Investors often complain against brokers for rejecting or delaying withdrawal and blocking account, but WikiFX just got a rather unusual complaint about deposit failure that investor couldn’t find the money he deposited by transferring to his account for almost one month. Although investor emailed Tickmill, the broker replied with auto-reply template, offering no concrete solutions for the issue.
As an investor, Ms. Yao shared her experience of being defrauded by Forex broker Fairfield.
WikiFX released the top 20 largest ad-spending Forex brokers in May, 2019. The restless competition among brokers in a vibrant Forex market has led to a significant change of both brokers and their ranking.
Recently, WikiFX received investor’ s complaint about withdrawal failure at BV Trading. Withdrawal failure, one of the most common complaints, was obviously demonstrated by the typical process, excuse and attitude of BV Trading. We remind investors to watch out for similar illegal brokers.
WikiFX recently visited ATFX’ s licensed office in London, UK. The Forex broker has 3 licenses including the MM license from FCA(UK).
Recently, an investor wrote to WikiFX complaining about 2 illegal brokers, including one already exposed by WikiFX.
Recently, WikiFX received investor’s complaint against ATOM, who not only rejected investor’s withdrawal application but also closed investor’s account, while their customer service offered no assistance other than suggesting investor to call the police or seek media attention. Investor thus reported ATOM to WikiFX.
WikiFX released the top 20 most followed Forex brokers list in May, 2019. April has seen quite a few episodes in the Forex market, such as regulator’ s warning about Forex industry, delisting announcement released by broker and foreign news disclosing fraudulent broker. Let’ s look at how these events have effected investors’ interest on brokers.
Ms. Jin, an forex investor, shared her terrible investment experience of being defrauded by ZHONGTUO FUTURES. She opened an account by the referral of other people, and deposited lots of money to the platform. Unexpectedly, the platform suspended her account and rejected her withdrawal applications. Without receiving any solutions from the platform, she still doesn’ t receive her money till now.
Having visited KVB’ s licensed office in Australia last year, WikiFX recently paid another visit to the broker’s office in Hong Kong, offering investors a closer view of the transcontinental Forex giant under multi national regulation.
Recently, investor reported to WikiFX that GHIFX constantly rejected investor' s withdrawal request and suspend his account after failing to extort money from him.
Upon investor’s request, WikiFX visited MMIG’s office in Shanghai on April 29th. We set out at 2pm despite the awful weather.
WikiFX just got a complaint against Finotec as investor still didn’t receive the money ten days after the withdrawal application was approved. Now she even cannot access her account. Meanwhile, Finotec dodged the problem with the excuse of system maintenance and the third party’s responsibility, leaving it unsolved for a month.
WikiFX released the top 10 most complained Forex brokers list in April, 2019, offering a reference for investors to avoid the risks in a complex Forex market.
WikiFX just received a complaint from investor that MAXO blocked withdrawal applications. And investor couldn’t reach the broker anyhow.
Recently, investor reported to WikiFX that Rinfx closed its withdrawal channel, leaving investor unable to withdraw. Per investigation, WikiFX found the broker’ s website was inaccessible, which indicates its potential risk of absconding.
WikiFX released the top 20 most visited Forex brokers list in late April, 2019. As an indicator of Forex market trend, it reflects investors’ attention in addition to brokers’ activities, providing valuable reference for investment.
Per investor' s request, WikiFX team paid a visit to PTFX in Jakarta, Indonesia. The mission to conduct field survey on PTFX seems to be tough and even more adventurous than we expected.
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