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Abstract:Illegal platforms are emerging, leaving eradication hard to finish. WikiFX blacklisted a batch of illegal forex platforms streaming newly, hoping all of you could nip them in the bud!
WikiFX News (5 Apr.) - Illegal platforms are emerging, leaving eradication hard to finish. WikiFX blacklisted a batch of illegal forex platforms streaming newly, hoping all of you could nip them in the bud!
1. GUO TAI
It boasts an AA license authorized by Chinese Gold and Silver Exchange Society (CGSE) in Hong Kong, China. However, please note that CGSE is a non-government supervisory institute whose approved licenses are not qualified or trustworthy!
GUO TAI was hit by problems last year. Its customer service claimed that the enterprise was unable to deliver withdrawal service because its funds were embezzled by stakeholders. At present, the exposure platform of WikiFX is submerged by the customer complaints against GUO TAI for withdrawal failure. The accounts of some investors were even canceled automatically.
Disclosed by GUO TAI staff, their salaries have been delayed for several months and the enterprise has been in the status of cancellation!
At present, GUO TAI is still persuading customers into opening accounts and trading, which proves that its customer service didnt tell the truth! Investors are advised to be alert!
2. Onoka
WikiFX has received 22 customer complaints against Onoka for unavailable withdrawal in recent three months. All victims acquainted with swindlers of the platform through social networks were deceived into making deposits at the end. Onokas tricks have been extending to Thailand, the US, Malaysia, the Philippines, etc.
As a reminder, please stay alert when making friends online and dont trust any investment advice!
WikiFX, a forex broker info search tool, is popular among global senior investors! (bit.ly/wikifxIN)
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.
The forex market is a global financial market, and Asia is home to some of the world's most active and influential forex traders. As such, there are many forex brokers operating in Asia, each offering unique advantages to traders. In this article, we will discuss the best forex broker in Asia.
Etiq Markets is an international brokerage company running operations across most of the South Asian countries including China, Singapore, Malaysia, Thailand, Indonesia, Vietnam and others.
MFM Securities is an offshore broker that, despite its status, is quite decent looking. However, brokers should focus on trading conditions, and not on looks. The leverage is maxed at 1:500, a common offshore broker value, while the EUR/USD spread was 2.1 pips on the demo platform. Such a spread is not really very lucrative for traders.
FXQMarket (FXQM) presents itself as a MT4 forex brokerage delivering premium trading services. They offer three account types, but haven’t fully disclosed the trading conditions.