​Latest List of Forex Brokers with Changes in Licenses!

Forex brokers, licenses of which have been changed recently, are listed herein for your reference. Hope to protect you from investment risks!

1. WSFIS

The status of the CYSEC license it claims to hold has changed from ‘Regulated’ to ‘Revoked’. This broker is under no valid regulation at present after the cancellation of its license.

According to users, WSFIS asked for margin calls before completely processing withdrawals whereas its customer service became out of touch, coupled with unavailable withdrawals, just after consumers did as required. It is also worth noting that the trading software used by this forex platform is not MT4!

The rating of the broker on WikiFX is 1.38, which warns all traders to be more alert to this extremely risky platform!

2. SXYFX

It claims to hold the financial permit authorized by the National Futures Association (NFA) whereas the status of the license has changed from ‘Regulated’ to ‘Revoked’. Moreover, this platform has not been effectively authorized based on the regulator!

The rating of SXYFX on WikiFX is 1.18, and it is highly risky as an unregulated broker at the moment. Please heads up for it!

WikiFX, a forex broker info search tool, is popular among global senior investors! (bit.ly/wikifxIN)