Tradelink rejected investor's withdrawal for no reasons

Tradelink delayed in processing withdrawal application by investors, and closed their account afterwards. Per our investigation, Tradelink is cloned license broker with WikiFX rating only 1.31.

WikiFX has received real-name report about Tradeline for their closing investor's account for no reason and held their money withdrawal request. Investors cannot withdraw money now.

Investor lodged a real-name complaint against Tradelink

Photo of the investor's ID card

The investor made a real name report of Tradelink by presenting his ID card.

Mr. Ji's terrible experience

Mr. Ji's shared his terrible experience with WikiFX

As per Mr. Ji's said, he started to use Tradelink to trade through a friends referral in September last year. He made some lost in the trade and submit withdrawal application in this January; however, it keeps in “under approval” status.

He contacted platform's customer service and they replied with “in process” and ask him to wait patiently. Mr. Ji suddenly found that he cannot access to his account in Tradelink; he, therefore, called the customer service again but got no reply from them anymore.

WikiFX's investigations

1. Mr. Ji submit withdrawal application

Screenshot of Mr. Ji's withdrawal record

Mr. Ji submit the withdrawal application on January 2nd this year, but it was always “under approval” status.

2. Mr. Ji contacted the platform's customer service

Screenshot of the conversation between Mr. Ji and platform customer service

Mr. Ji kept on messaging platform's customer service for his withdrawal application but customer service kept on telling him wait patiently and the application is “in process”.

3. Mr. Ji's account has been closed by Tradelink

Screenshot of Mr. Jis account

Mr. Ji cannot access his account after one week.

4.Mr. Ji contacted the platform's customer service again.

Screenshot of the conversation between Mr. Ji and platforms customer service

Mr. Ji contacted the platform's customer service again after finding that his account has been closed for no reason; however, he got no reply afterwards.

WikiFX identification of Tradelink

>>>>Regulatory information of Tradelink

Screenshot of Regulatory Information from WikiFX

Per investigation, Tradelink is a cloned license broker and the holder of British FCA License is fake one, meaning they have higher risk.

>>>>MT4/5 identification

Screenshot of MT4/5 identification from WikiFX

Per investigation, Tradelink uses white-label MT4 trading software with the server set up in Hongkong and Korea respectively. The investment cost of white-label Forex brokers is relatively low, and have a higher risk.

Warning from WikiFX

Screenshot of Tradelink interface from WikiFX

After the verification by WikiFX, Tradelink is a cloned license broker and uses white-label trading software, and may have higher risk.

It is also illegal to close investors'account for no reason and reject their withdrawal request. Investors are, therefore, strongly advised to stay away from this broker to avoid further loss incurred.

Conclusion

WikiFX has already marked Tradelink is a cloned license broker with rating only 1.31 . Investors are strongly suggested to check WikiFX regularly and should be aware of those suspected brokers to avoid loss.