WikiFX Exposed the Tricks of Illegal Broker OspreyFX

Recently, an investor complained to WikiFX about the forex broker OspreyFX, hoping to recover his losses with WikiFX's assistance. According to the investor, his trading account was first hacked and then frozen by OspreyFX.

The investor came into contact with OspreyFX at the end of last year. At the time, he found OspreyFX's advertisements very interesting, so he deposited money soon without any hesitation. The investor told us frankly that he had been trading stock and forex for nearly ten years, familiar with a lot of brokers, both big and small, which made him a veteran trader.

OspreyFX advertisement

After a while, the investor felt that OspreyFX's slippage was relatively large, perhaps out of the instinct of a veteran investor, he smelled a trace of danger. But when he submitted the withdrawal application, the customer service told him that his account had been hacked, and his account balance has been temporarily frozen for “security reason”!

Investor and customer services communication record

When the investor again asked the customer service about where his funds went, he found that he had been blacklisted by the customer service. The investor was shocked by the abrupt behavior of the customer service. Before long he was still the Supreme VIP, and the next second he was ruthlessly fleeced by the scam broker.

The investor got blocked by OspreyFX

It is worth noticing that OspreyFX has been complained more than once. Since last year, victims from all over the world have exposed the brokers fraudulent methods on the Internet, including inducing account opening, behind-the-scenes trading, serious slippage, and delaying the withdrawal of money with various reasons.

Some victims exposed OspreyFX in the forum

So many investors have been deceived because of lacking awareness and querying access. In order to avoid being swindled by illegal brokers, it is better to check the qualifications of the traders in advance with an easy click, and then decide whether to invest or not.

On WikiFX APP, OspreyFX's information can be found easily. Enter “OspreyFX” and you can see that its rated at 1.68 and registered in Saint Vincent and the Grenadines, the supervision status being temporarily unsupervised, and has a risk warning label “bearing high risks, please stay away.”

As a final note, some offshore island countries like Saint Vincent and the Grenadines, Belize, Seychelles, Vanuatu, and Marshall Islands have become safe havens for unscrupulous brokers because of loose regulations. Investors should be more vigilant about the brokers registered here, especially those without regulatory licenses.

OspreyFX scored only 1.68 on the WikiFX App

So far, the WikiFX APP has included more than 18,000 global forex brokers, integrating exposure, query, information, forums and other functions, to ensure the security of your forex funds at any time. Stay tuned for more exposure!

Click here to download the WikiFX App immediately https://bit.ly/wikifxIN