Business-Overrun AINOL Swallowed Up Investors' Deposit

The Forex broker AINOL who received heavy complaints from investors in May has already been exposed in WikiFX' s recent article. And we got a recent complaint against AINOL from an investor.

Ms. Liu' s opened an account and started depositing to AINOL in last December and had been trading at the platform for a while. She first tested the water by making a small deposit.

Ms. Liu' s deposit record from the bank statement

As nothing went wrong with her initial test-trading, Ms. Liu became less defensive and made several more deposits at AINOL.

Ms. Liu' s deposit records

After trading for nearly 5 months, Ms. Liu finally fell prey to AINOL' s trap.

On May 13th, 2019, Ms. Liu submitted an application on AINOL to withdraw $1985.05.

Ms. Liu' s withdrawal record

She soon got the broker' s email confirmation in the small hours of May 14th that her withdrawal had been successfully processed.

AINOL' s email confirmation of the withdrawal

Ms. Liu expected to receive the money soon until she saw the discussions among investors on social media that AINOL' s account had become inaccessible and its customer service unfriended investors. Completely at lost, Ms. Liu tried to contact AINOL' s customer service by QQ, and the exclamation mark on the screen confirmed the hearsay about AINOL.

Ms. Liu' s conversation with the customer service

When Ms. Liu logged in her account on AINOL to check her withdrawal submitted on the 13th, the website showed “Your withdrawal application has been submitted, please check later”.

Ms. Liu' s withdrawal status from the website

Meanwhile, her trading account was no longer accessible.

Log-in page of Ms. Lius trading account

Till now, Ms. Liu still hasnt received the $1,985.05 withdrawn.

Ms. Liu' s bank statement

According to the investors' complaints on WikiFX App, the problem of inaccessible trading account and unavailable customer service collectively break out around May 14th, which corresponds with Ms. Liu' s experience and another complaint case from WikiFX' s recent article.

The heavily-complained AINOL turned against investors overnight and brought them heavy loss which should have been avoided.

Regulatory information from WikiFX App shows that holding the NFA(US)' s license for generic financial service, AINOL is operating in overrun business under substantial risk without Forex brokerage authorization. Investors simply have to stay away from such brokers to avoid most of the potential risks.

AINOL' s regulatory information from WikiFX App

Per checking WikiFX App, AINOL' s poor rating of 1.77 suggests it deserves no trust, so WikiFX App has now labeled this broker with poor compliance and heavy investors' complaints as “illegal”.

AINOL' s interface from WikiFX App

Conclusion

A steady and sound investment is impossible once you make deposit to the business-overrun Forex brokers, so please stay away from them to ensure the safety of your assets.