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Abstract:Day by day the number of new traders and investors is growing all over the world. However, there is the most important question: do they manage to avoid Forex scams?
Day by day the number of new traders and investors is growing all
over the world. However, there is the most important question: do they
manage to avoid Forex scams?
Surely, there is no general answer to that. The small part of
beginners manages to make the right choice and choose a broker who as a
result will become a reliable partner. But, unfortunately, not all
collaborations end up like that.
Forex is the legal market for exchanging foreign currencies with
high leverage. In theory, it has the potential to be a good source of
income for traders. But due to its decentralized/ low regulated
exchange, inexperienced traders fall victims to scammers.
Millions of traders can be deceived by advertisements with tempting
offers, excellent working conditions, or instant profit. All these
become the reason for an instant loss of the entire amount and traders
risk being left with nothing. There are millions of such cases.
Knowing about all these problems, WikiFX specialists have developed
very useful and friendly application with transparent and reliable
information about the activities of more than 27 000 enlisted forex
brokers around the world. Besides it, the WikiFX app gives traders the
option to share with us their bad experience in collaboration with forex
brokers, provide all the available data showing the brokers fraud and
get help from our specialists.
The professional team of WikiFX lawyers is ready to help anyone who
has been affected by the forex market scammer, and if it is possible,
cut their losses.
Over the last month, more than 1,223 complaints were considered and $1.275.562 were returned.
Our specialists work 24/7; they are ready to help everyone.
If you also had problems with an illegal broker, then download the
WikiFX, register, and leave your claim in the section “Exposure”. Be
sure, we will consider your case as soon as possible and contact you. If
you also have additional questions, write to our support group, and our
specialists will answer.
How to Report FX Scams on WikiFX App?
Step 1: Install WikiFX app. Search for “WikiFX” on Play Store, App Store, or via our official links:
Android: https://bit.ly/3kyRwgw
iOS:https://bit.ly/wikifxapp-ios
Step 2: Log in to WikiFX app and click the “Exposure” section on the homepage. Then you will enter the exposure page.
(“Exposure” section)
Step 3: Click the “Expose” button to choose exposure type and the broker you want to report.
(“Exposure” button)
(Exposure type)
(Brokers list)
Step 4: Write down your experience, upload relevant evidence and release your exposure.
Step 5: Our staff will review your exposure and give you feedback within 3-5 working days.
How to Report FX Scams on WikiFX Website?
Step 1: Open WikiFX website, e.g. https://www.wikifx.com/in_en/ ,
and log in your account. Then click the “Expose” section on the homepage
to enter the exposure page.
Step 2: Click the “Expose” button to report scams.
Step 3: Write down your experience, upload relevant evidence and release your exposure.
Step 4: Our staff will review your exposure and give you feedback within 3-5 working days.
As a reminder, please turn to WikiFX when encountering unknown forex platforms. More caution, more safety!
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WikiFX – is a free app about FOREX for traders and investors around the world.
Find market trends, broker ranking, scams, alerts, and more in one app…
✔️Get the app using the links below :
Android: https://cutt.ly/Bkn0jKJ
IOS: https://cutt.ly/ekn0yOC
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.
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