Top 10 most complained Forex brokers in January

At the beginning of 2019, “Exposure” of WikiFX still received many complaints against Forex Brokers, and the amount didn't decrease.

There were still many platform problems focusing on that illegal brokers rejected investor's withdrawal application. It is advised that investors should check WikiFX APP regularly to evaluate risk in advance and make investment decision rationally.

Investors can lodge a complaint or disclosure by “Exposure” of WikiFX, encountering illegal problems.

What's “Exposure” of WikiFX？

WikiFX's “Exposure” is created to lodge a complaint or exposure by investors, who can post messages by “Exposure” to complain, confronted with brokers' problems during trading.

And they also can cancel the posts freely, when problems are solved.

The complaints this month mainly focus on:

• Broker refused or delayed investor's withdrawal.

• Broker had the problems of serious slippage and trade delay.

• Platform customer service ignored investor's request frivolously.

• Platform closed.

• Position blowing up or wearing.

• Heavy loss happened in a short time.

• Platform was out of contact.

• Heavy loss caused by analyst's trading signal.

WikiFX reminds investors should be always aware of the brokers with complaints to avoid potential risk.

Blew is the top 10 most complained Forex Brokers in January released by WikiFX to provide valuable reference for investor

Top 10 most complained Forex Brokers in January :

• Edward

• Ingot

• GSG

• PTFX

• SGFX

• PROFIT

• Capstone

• HXPM

• Pepperstone

• GCM

Warning !

It is worth-noticing that Pepperstone was listed again this month. With risk controlling index 0.00, Pepperstonewas complained recently by lots of investors. Therefore, investors are strongly suggested to be alert to this.

Screenshot of Pepperstone interface from WikiFX

From the chart this month, Edward and Ingot has stopped business in China. WikiFX reminds investors to protect their rights promptly to avoid further loss caused.

Conclusion

Investors are strongly advised to be aware of suspected brokers with complaints in addition to check WikiFX APP regularly to avoid potential risk. And WikiFX hopes that the brokers listed this month can deal with their complaints positively.