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Abstract:As a global forex media, WikiFX is willing to answer all questions from forex traders and prefers to be a guiding light for all investors.
In the past few days, WikiFX has conducted an in-depth investigation and exposure of OLYMPTRADE, an illegal broker. Meanwhile,in addition to emails, WikiFX quickly received the responses from OLYMPTRADE at official social media sites.
There is no doubt that the exposure made OLYMPTRADE feel threatened. They gave direct feedback that their transactions are only made through the official website. If someone was scammed by OLYMPTRADE in Facebook, WhatsApp and Telegram, it is means some people committed fraud in the name of OLYMPTRADE.
In order to prove that OLYMPTRADE is trying to shift the blame to someone else. Here below is a complaint from an investor, who has an official the evidences of the illegal practices of OLYMPTRADE.
Event recap:
An investor traded binary options on OLYMPTRADE last year. Then, he submitted a withdrawal application about $20 on OLYMPTRADE at the end of December. The website showed the application was processed successfully. In the meanwhile, OLYMPTRADEs customer service representative sent a refund notification email to the investor, but he has not received the money so far. After that, the investor reported this situation to OLYMPTRADE but they have stopped to reply. After three months, the investor sent a random message and got reply. It made the investor feel quite confused and puzzled about all things.
On the other hand, WikiFXreceived an email from OLYMPTRADE too,
that OLYMPTRADE is a legal forex broker with a professional forex trade system.They also have strong supporting of customer services for investors. Most of the withdrawals on their platform are processed within 24 hours (up to 5 business days). If investor doesnt receive money within 3 days after withdrawing, they can help investors to trace it by providing tracking number. ARN is a transaction number, which can be obtained from the payment system and used to trace the withdrawal.
Tip: the investors ARN is 931804007789
If all goes well, why can'tinvestors get any feedback from OLYMPTRADE?
All in all, asa works in forex industry, the basic requirement of principle which is brokers need be regulated by regulatory. There are no any regulatory information showcase on OLYMPTRADE website so far, sowheredoes their credibility come from? The victim's money can't be withdrawn how they can be trust?
Please remember all forex trading business are protected by regulator, otherwise stop the trade.
Per checking WikiFX App, OLYMPTRADE has a poor rating of 1.22, and the broker currently has no valid regulation, bearing great risks. The broker is currently active on large social network such as Telegram and Facebook, please stay away!
OLYMPTRADErating on the WikiFX App
Please download WikiFX APP from below links or scan code :
iosAppStore: https://apps.apple.com/us/app/fxeye/id1402501387?l=zh&ls=1
Googleplay:https://play.google.com/store/apps/details?id=com.foreigncurrency.internationalfxeye
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If you have any questions, please feel free to contact us at wikifx@wikifx.com
The following is the process of how to use the app:
1. Download WikiFX
You can download the app on Google Play or Apple Store for free.
2. Register to be a WikiFX member
Enter your phone number and verification code.
3. Select Language and your area
4. Find “Exposure” section on Homepage
5. Edit post and release
Click the edit icon and choose either type of reason you wanna expose. Then, select the broker you wanna expose, edit your scammed experience and release it.
Declaration: The article evidence exposed by WikiFX is verified by the following processes:
1: Evidence Collection: (Chatting history records, Trading history records, Banking Transaction records and recording videos from victim).
2: These evidences will be evaluated and verified by expert who has been work in forex industry for many years.
3: The editor will review it again before the article is published.
If you find there are still exist errors in article, we will improve them as soon as possible, and strive to provide consumers with a good and reliable exposure platform. Thank you for your feedback.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.