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Abstract:Expert 24 Trade is an illegal forex broker, charging an investor 500R for ISR tax, under the guise of a registered company in the United States. Also, a forex trader showed some fake transaction records to lure investors into investing and to convince them that they can get a high rate of return on Expert 24 Trade. Please note that this is a trap.
The investor knew Ayanda modise on Facebook, who is a forex trader working for Expert 24 Trade. They contacted with each other by WhatsApp. The trader said if the investor invested 1,000R, he can get 23,100R in a week. Finally, the investor invested 1000R.
Ayanda modises ID card.
After the investor invested 1,000R, Ayanda sent a screenshot to him by chatting and told him that he made profits to gain his trust. A week later, when the investor was ready to withdraw his money, he was informed by Ayanda that he needs to pay 500R as IRS tax. IRS, also known as Internal Revenue Services, is the revenue service of the United States federal government.
This is a trap, according to the official website of IRS: 1, there is no need to pay IRS tax in forex trading. 2: IRS tax can only be paid in US dollar.
The following chatting records show how Ayanda cheated investor out of 1,000R.
The following pictures show how Expert 24 Trade used fake trading records to defraud the investor.
The following picture is the investor's transaction record.
In the end, the investor failed to withdraw. Expert 24 Trade asked him to pay 500R as IRS tax, and even more. Otherwise, he could not take back his principal.
Per checking WikiFX App, Expert 24 Trade has a poor rating of 1.17, and the broker currently has no valid regulatory status, bearing great risks. In addition, the broker is currently active on large social network such as Telegram and Facebook, please stay away from it!
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WikiFX, a third-party forex broker inquiry platform, has collected the information of 19,000+ forex brokers, 30 regulators, and helped victims recover over 300,000,000.00 USD. WikiFX App provides functions like forex brokers inquiry, calender, forex news express, calculator and other trading tools to help you get trading done with ease.
Forex brokers inquiry: in order to create a safe forex trading environment, WikiFX offers you two methods of checking the compliance of forex brokers, online checking and offline investigation report. WikiFX has an independent inspection team, conducting on-spot visit to brokers offices to identify they are trustworthy or not.
Forex calender: the financial events which may affect forex trading
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The following are three channels forgetting real-timeinformation about exposurearticles.
1: WikiFX official website: https://www.wikifx.com/us_en/.
Choosing News column Original special topic series.
2: WikiFX App: Using the App will make it easier to read articles.
Read on the APP in the same way as the official website.
3: WikiFX official Facebook: the new exposure articles will also be posted on Facebook, a main social media account, at the same time. If you are a social media user, you can follow WikiFXs Facebook page.
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If you have ever been defrauded by illegal broker, you can contact WikiFX. WikiFX will assist you in your exposure. You need to hold enough evidences to prove the broker is illegal.
Evidence requirement: (Chatting history records, Trading history records, Banking Transaction records and video recordings from victim).
In order to help you better. There are two ways to upload evidencesfor exposure.
1: WikiFX App:
Log in the App, choose Exposure on home page click on blue light bulb-Expose,
The types of Fraud Choose fraud broker Just write down your experience of being deceived and upload the relevant evidences here.
2: More brokers‘ information will be updated on WikiFX. If you can not find the broker that you want to report, there is another way to contact WikiFX by Facebook Messenger. You can leave your message on messenger. WikiFX’s staff will review the broker that you wanna report and the relevant evidences you submitted. You will get the feedback in the following 3-5 working days.
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South Africa Area:https://www.facebook.com/WikiFX.ZA
Declaration:
The evidences in WikiFX exposure articles are verified via the following processes:
1: Evidence Collection: (Chatting history records, Trading history records, Banking Transaction records and video recordings from victim).
2: These evidences will be evaluated and verified by experts who have been work in forex industry for many years.
3: The editor will review it again before the article is published.
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.
We are thrilled to announce that Easy Trading Online has been awarded the “Best Forex Broker - Asia” at the Wiki Finance EXPO 2024 Hong Kong! This prestigious recognition underscores our commitment to excellence and dedication to providing top-notch services to our clients.
On the evening of April 28, Easy Trading Online proudly received the 'Most Trusted Forex Broker' award at the BrokersView 2024, hosted by Fastbull. This accolade is a testament to our steadfast dedication to providing reliable and superior trading services in the forex and CFD brokerage industry.
The BrokersView Expo Dubai 2024 is a premier event in the financial industry, bringing together top financial institutions, brokers, and technology providers from around the globe. As the Gold Sponsor of BrokersView Expo Dubai 2024, Easy Trading Online took the opportunity to showcase our latest products, service technologies, and core competitive advantages in the forex trading field.
On the 23rd of March, the Easy Trading Online family had the distinguished pleasure of being the Table Sponsor at the prestigious Wiki Gala Night. As we reflect on the event, it’s with a sense of pride and joy that we share the highlights and our takeaways from an evening that was as inspiring as it was splendid.