WikiFX visited GW in Shanghai

Recently, investors have been worried about GW(aka Xiaobao Group) who rejected the withdrawal requests around Chinese Lunar New Year period.

WikiFX, therefore, paid a visit to GW office located at South Pudong Road of Shanghai and let our user to have more understanding of this broker.

And, this is our first visit after Chinese New Year.

The interior and exterior of GW

WikiFX team arrived at F18, North Tower of Shanghai Stock Exchange Building, No. 528 South Pudong Road.

The office of GW

Came to Room 1801 and found that the door had been locked with the Chinese New Year holiday notice.

Photo of notice of holiday and energy supply cessation on the door of GW

From two notices, we can learn that GW has already terminated the lease contract with the buildings; therefore, GW received the energy supply cessation notice on 17th January.

They also changed the holidays start day from 31 to 26 of January.

The office of GW

Lots of investors has reported GW rejected their withdrawal requests since January this year.

Those notices had already uncovered their intentions of ran away. GW was closed on 26th January.

Notification of GW website

Before that, GW published notice on their website to announce that company's asset has been suspended by the monitoring authority, making them unable to fulfill the withdrawal request.

Even the company was trying to convince the authority to remove the suspension; we all now understand it is only a tactic for them to have more time in preparing ran away.

Screenshot of GW interface from WikiFX

We should be skeptical to any suspension or delay of withdrawal request under any circumstances.

WikiFX reminds investors to stay alert to such cases, protect your interest and avoid further loss caused by the windup of the platforms.

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Screenshot of FXCM interface from WikiFX

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We will visit more brokers around the world, helping Forex investors to identify the legal and trustworthy platform to ensure the safety of their capital.