​Heads Up! Latest Blacklist of Forex Brokers with Changes in Permits!

WikiFX concludes a list of forex brokers whose licenses have been revoked recently to protect traders from illegal platforms and frauds. Details are as follows:

Longasia: It claims to hold the license of Retail Foreign Exchange Dealer (RFED) authorized by the Indonesia Commodity and Derivatives Exchange (ICDX) and the permit approved by the Securities and Futures Commission (SFC) of Hong Kong whereas the status of both has changed from ‘Regulated’ to ‘Revoked’. Longasia isnt efficiently regulated at present. This platform has made withdrawals unsuccessful for more than a year, according to numerous customer complaints received by the exposure column of WikiFX.

WA: It claims to hold the license of the Payment Service Provider (PSP) authorized by the Financial Conduct Authority (FCA) whereas the license is suspected to be cloned whose status has changed from ‘Regulated’ to ‘Revoked’. WA isnt effectively regulated at the moment on the heels of revocation of its license!

DeltaStock: It claims to hold the license of European Authorised Representative authorized by the FCA whereas the license is suspected to be cloned whose status has changed from ‘Regulated’ to ‘Revoked’. The broker isnt under regulation currently in the wake of revocation of its license. In addition, this platform is a Ponzi scheme, according to the exposure of users!

As a reminder, WikiFX is ready to help you search the qualifications and reputation of forex platforms in a bid to protect you from hidden dangers in this risky industry! (bit.ly/wikifxIN)