Report

The scam platform isn’t as legit as it appears. After scamming my had-earned money, it has absconded.

Exposure! Lowdown on the investment scam!

In July, 2019, I was pulled into a stock-exchange group,in which there were teachers who share stock knowledge and recommended stocks.Having observed days,I felt that they were professional.The teacher said that there was a “bear market” on July 19th and threw a livestreaming link to advise us to have lessons. He also recommended us to join the NEW ERA , asking us to invest largely and be executive.With the help of the customer service, I opened an account in NEW ERA . At the first, I made a little profit and added fund of 500000 RMB with the teacher’s lobbying. By keeping adding position,I made all losses.They just said that nobody could predict the volatile market.At that time,I felt cheated,regretting so much!

How to take back the losses caused by MAE

I earned a lot by operating self-employed business. I wanted to find some other ways to build up more fortune. In this September, someone added me, claiming that he had profited several hundreds thousand of money by investing digital currency in MEA. Then he pulled me into a group, in which there were teachers who gave analysis on current stock. Having observed for while, I found that the teacher was professional an bought some recommended stocks which were all profitable. The teacher recommended us MEA platform, ensuring that we could make big money. Lobbied by the teacher, though I was hesitated, I opened an account in MEA and deposited 410000 RMB. Unexpectedly, after trading several orders, I suffered huge losses and there was nearly no balance in my account. The teacher treated me in a frivolous way and urged me to add fund. After I refused, I was removed of f the group and ostracized by him. At that time, I realized that I had been cheated.

EUR/USD Forecast - Price Action Waits for Central Bank Double Header

EUR/USD volatility is expected to pick up in the short-term, from its current lowly levels, with the latest monetary policy reports out from the FOMC and the ECB.

Bad news for Trump — 60% of Americans say the surging stock market doesn't affect them - Business Insider

Only 40% of respondents in the Financial Times poll said that the stock market had gone up this year. The S&P 500 has soared about 26% in 2019.

Trucking 'bloodbath': Celadon bankruptcy may leave truckers stranded - Business Insider

Celadon declared bankruptcy on Dec. 9, and that collapse is poised to leave thousands of truck drivers jobless and away from home.

Contactless payments drive almost as many transactions as cash in Canada - Business Insider

Contactless transactions are a major part of Canada's payments landscape – making up 19.5% of the country's 21.1 billion transactions in 2018.

Social trading platform eToro is planning to launch its own debit card next year - Business Insider

eToro plans to roll out a debit card in Q2 next year – allowing users to spend their eToro earnings via the card and set up recurring payments.

Latest Changes of Positions in Forex and Futures

As of November 26th, 2019, speculative net shorts for the British pound increased by 4,673 to 36,576. Among them, speculative longs decreased by 559 to 38,646, and speculative shorts increased by 4,114 to 75,222.

Poland’s Gold Purchase May Indicate a New Trend

Against the backdrop of expanding negative bound yield,gold may gain greater appeal among central banks worldwide in 2020 as a unique type of asset.

The Euro May Expect a Strong Rally in 2020

Morgan Stanley believes that the euro will see a strong rally in 2020 under multiple factors. Compared with the United States, which may slow down further in 2020, the Eurozone may do significantly better than the relatively low market expectation by showing a strong economic rebound.

Bridgewater Bets US$1.5 Billion on Bearish Stock Market

The world’s largest hedge fund Bridgewater spent US$1.5 billion, or 1% of the assets under the company’s management, on put options that bet on a bearish global stock market in the next 3 months.

WikiFX Visited Forex Broker Kresna Futures in Indonesia

Regulatory information suggests the office of Kresna Futures in Indonesia is at Kingland Tower, 2nd Floor 18 Parc SCBD Jl. Jend. Sudirman Kav. 52-53 Jakarta Pusat, and WikiFX recently visited the broker at the site.

Kainos Defrauded Investor with "Trading Signal" Scam

The cunning illegal broker swindled investors by claiming that they can achieve “financial freedom” under the instructions of signal providers; while investors appeared to be profiting, they actually suffered losses in trading. Recently, Mr. Chen shared his experience of being defrauded by the illegal forex broker Kainos.

WikiEXPO wrapped up as a roaring success in Bangkok, Thailand

On November 24th, 2019, WikiEXPO successfully wrapped up at Marriott Marquis Queen’s Park Hotel in Bangkok, Thailand. With over 5,000 attendees, over 30 forex brokers and 30 well-known keynote speakers of the forex industry, the event has been a roaring success. With its constantly growing influence, WikiEXPO aspires to join hands with investors and forex professionals to create a safer forex investment environment.

The "Perfect" ATRI Turned Out to be an Illegal Broker

Brokers on the forex market always strive to present their clients a perfect image, but sometimes such a flawless image may turn out to be a lie. Recently, Mr. Liu told WikiFX about how ATRI, a deceptive illegal broker, had rejected his withdrawal and suspended his trading account for no reason.

What Do the Financial Statements Say About Forex Brokers

Near the end of the year, many renowned brokers on the forex market are starting to release their financial statements. According to the latest 6-month data recently released by the Bank for International Settlements, the nominal value of forex derivatives totaled US$99 trillion by the end of June, 2019. Overall, nominal value of OTC derivatives reached US$ 640 trillion, up 17.6% from the US$ 544 trillion at the end of 2018. But amid the generally growing trend of the forex market, not every broker’s financial statement reveals good news.

Forex Market Saw the Lowest Volatility in 23 Years

Although major events in 2019 such as international trade tensions and Brexit have hit the global forex market, causing fluctuation in some currency pairs, the general volatility of G10 currencies year to date has been significantly lower than previous years. Unless December sees some serious“black swan events”, the forex market may experience its lowest volatility since 1996 in this year.

Japan Cut Holding of US Treasury Bonds

Japan cut holding of US Treasury Bonds by US$28.9 billion in September, yet remains the top non-US holder of Treasuries that it first became in June, 2019.

Another Investor Fell Victim to the Illegal Broker Davinci

Have you or your friends ever experienced any of the above-mentioned circumstances? Maybe you remained silent and decided to give up any further attempt to recover your funds, or perhaps you took the broker’s words and believed that it was simply a temporary breakdown of the third-party channel that blocked your withdrawal? Perhaps you hadn’t lost the faint hope that you may eventually receive your money after waiting for a few days or a few months, or have you heard the broker had escaped and thought you could do nothing about the situation?

US Federal Reserve Will Release October’s Meeting Minutes

US Federal Reserve will soon release the minutes for October’s monetary policy meeting, which had directly led to the Fed’s third rate cut in the year- an action much in line with the market’s general expectations.

WikiFX Visited Forex Broker Makasky in Malaysia

Some investors may remember AL-HIDAYAH, a broker that WikiFX visited in August. Although claimed to be located in room 14(B) &(C) at Financial Park Complex, Labuan, Malaysia, AL-HIDAYAH’s office turned out non-exist at the address. The office belongs to a management firm called Regus instead.

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

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

Regulatory information shows that New Zealand forex broker ACH is located at Suite 1 Level 2, 20 Northcroft Street Takapuna Auckland, and WikiFX survey team recently visited ACH at the place.

Illegal Broker KP Baited Investor with Small Profits

At the beginning of 2019, Mr. Wu was attracted by the advertisement of KP he saw online and signed up at the broker to make investment. Unlike usual trading platforms, KP offers investors a cash account and a KP account. While both accounts will generate profits from spread trading, withdrawal can be made only through the KP account.

EUR/USD Forecast - Price Action Waits for Central Bank Double Header

EUR/USD volatility is expected to pick up in the short-term, from its current lowly levels, with the latest monetary policy reports out from the FOMC and the ECB.

Bad news for Trump — 60% of Americans say the surging stock market doesn't affect them - Business Insider

Only 40% of respondents in the Financial Times poll said that the stock market had gone up this year. The S&P 500 has soared about 26% in 2019.

Trucking 'bloodbath': Celadon bankruptcy may leave truckers stranded - Business Insider

Celadon declared bankruptcy on Dec. 9, and that collapse is poised to leave thousands of truck drivers jobless and away from home.

Contactless payments drive almost as many transactions as cash in Canada - Business Insider

Contactless transactions are a major part of Canada's payments landscape – making up 19.5% of the country's 21.1 billion transactions in 2018.

Social trading platform eToro is planning to launch its own debit card next year - Business Insider

eToro plans to roll out a debit card in Q2 next year – allowing users to spend their eToro earnings via the card and set up recurring payments.

Stock market crash guide from Goldman says lower returns for years - Business Insider

Goldman's top equity strategists have a reality check for investors near the end of a phenomenal year for the stock market.

Next recession: Jeff Gundlach, other experts warn on corporate credit - Business Insider

"That's why you should be playing defense right now," says Doubline Capital CEO and renowned "Bond King" Jeffrey Gundlach.

Report

The scam platform isn’t as legit as it appears. After scamming my had-earned money, it has absconded.

Exposure! Lowdown on the investment scam!

In July, 2019, I was pulled into a stock-exchange group,in which there were teachers who share stock knowledge and recommended stocks.Having observed days,I felt that they were professional.The teacher said that there was a “bear market” on July 19th and threw a livestreaming link to advise us to have lessons. He also recommended us to join the NEW ERA , asking us to invest largely and be executive.With the help of the customer service, I opened an account in NEW ERA . At the first, I made a little profit and added fund of 500000 RMB with the teacher’s lobbying. By keeping adding position,I made all losses.They just said that nobody could predict the volatile market.At that time,I felt cheated,regretting so much!

How to take back the losses caused by MAE

I earned a lot by operating self-employed business. I wanted to find some other ways to build up more fortune. In this September, someone added me, claiming that he had profited several hundreds thousand of money by investing digital currency in MEA. Then he pulled me into a group, in which there were teachers who gave analysis on current stock. Having observed for while, I found that the teacher was professional an bought some recommended stocks which were all profitable. The teacher recommended us MEA platform, ensuring that we could make big money. Lobbied by the teacher, though I was hesitated, I opened an account in MEA and deposited 410000 RMB. Unexpectedly, after trading several orders, I suffered huge losses and there was nearly no balance in my account. The teacher treated me in a frivolous way and urged me to add fund. After I refused, I was removed of f the group and ostracized by him. At that time, I realized that I had been cheated.

The MT4 of IDS International is scam. Don’t trade in those scam platforms regulated by Indonesian regulator.

The routine of IDS International is the same as PTFX and OTM Trade, as well as the regulatory institution. It’s a rip off.

Scam IC Markets

The promotion and trading in IC Markets was fake, as well as the funding.

Unable to withdraw

The withdrawal applied in October hasn’t been received yet. It seems hopeless.

The withdrawal is unavailable for 2 months. I even cannot withdraw the fund.

The withdrawal applied in October hasn’t been received yet. The platform shirked the responsibility on the third party. I wanted to make a withdrawal but I was removed off the group.

Unable to withdraw

The platform still keeps shirking and lobbying.

Is it Pruton Capital ?

It is the scam Pruton Capital . This website is another facade of Pruton Capital . Pretending to be developing, actually, it is a Ponzi Scheme.

Grinding routines

The fraud will ask you to add fund continuously to rip you off.

Scam

This female fraud claimed that the forex trading is of 100% profit. Now the withdrawal is unavailable. Fraud!

Scam platform pretends to be Just2Trade

Scam platform pretends to be Just2Trade , asking clients to deposit. After that, it blocks their accounts. Stay away.

The withdrawal applied in November hasn’t been received yet.

The withdrawal applied in November hasn’t been received yet.

Be careful about DLS scam. It is going to set up another platform to continue to defraud.

Be careful about DLS scam. It is going to set up another platform to continue to defraud.

My 50000 RMB was gone! A bloody learn!

The platform claims that their team has acquired the quantitative analysis technology which could sniff the market accurately to induce investors to deposit. Then it refuses the withdrawal by grinding excuses(tax, insufficient fund, margin, etc.) Hope you investors be careful. Please don’t let them go unpunished.

The website has been disappeared. The withdraw is still unavailable.

While I fulfilled the qualification, the withdraw is still unavailable. Currently, the customer service has been disappeared and the website is disabled. The clone company verified by FCA: https://comparebroker.info/stone-lion-financial-limited-clone-of-authorised-firm/

The spread is higher than depicted.

The official website depicted that the there was no spread, while there was a 5-pip spread with the ECN account in this morning . At 17:00, the spread rose to over 20 pips and the service charge remained at $7.

Unable to withdraw

The withdrawal applied in November, 2018, hasn’t been received yet. The platform blamed it on domestic regulator or third-party funding channel.

3 orders profits are needed before making a withdrawal

3 orders profits are needed before making a withdrawal. The instant withdrawal is impossible.

Scam WSM made unsolicited manipulation on clients’ accounts!

How to safeguard the right after suffering losses? Is it legit to trade gold? What to do after suffering losses on index? Do you think it is the market’s responsibility? Could the losses be taken back? How to recover the losses caused by teachers’ adverse recommendation? Is WSM,Bcm，SKAPGP，FRANKLIN, Changhongdianrong, BTcity and Tian Jing Asset Exchange legit? Reveal of WSM scam! Experience: In this November, I was pulled into a stock group and an audio platform.At first, Wang talked about Feng Shui.Xu expressed his appreciation to Wang because Wang took him to get out of poverty, profiting millions of money.Then we downloaded the APP of WSM and were asked to transfer money into 621700*****.I transferred 50000 RMB and made a little profit.Being urged to add fund, I transferred 40000 RMB on 9th.I made up to 10000 RMB or so.On the afternoon of 15th, I didn’t follow their instructions since I didn’t have sufficient fund.In the afternoon, the customer service told me to buy long of the index 50.After cocking for 2 minutes, it went sharply, leading to my account liquidated.There was only 1500 RMB left in my account.The customer service explained that was unexpected and urged me to add fund.No matter how I complained, they responded nothing.My 90000 RMB was gone within a week.

Unable to withdrawal.

Unable to withdrawal. Both the website and the customer service have been disappeared.