This broker may endanger your funds in the forex market

According to the data from WikiFX, the broker, UnicornFX, is suspected to get involved in a scam. For your money safe, you should stay away from this broker.

What UnicornFX is

UnicornFX, also called Unicorn Global Limited, offers customers unique opportunities to get returns and profits from the forex market. Tempting enough as their claim may seem, this broker doesnt hold a legit license, which means your money is in risk under its management. It also described itself to be a legitimate forex broker who is regulated by the Investment Industry Regulatory Organization of Canada (IIROC). However, it is clueless if you try to find their registration in IIROC.Given that UnicornFX has a very low ranking of 1.0/10 on WikiFX, we advised you to avoid this broker.

How the risk looks like

UnicornFX aims to persuade people to deposit while trying every possible way to make it happen. They'll also offer some tempting deals to the customer in order to let them invest. For example, they may guarantee customers some good returns if customers work with them. If you are trapped by their “cage” they will take your money step by step.

How you can avoid these scammers when you decide to trade with the regulatory forex trade brokers

With the development of the forex and CFD market, there are so many offshore brokers today. It is considerably difficult for customers to figure out which broker is trustworthy. So it is necessary and significant for people to check out the information of brokers before they eventually make the right decision.

WikiFX offers you an authoritative platform to check the information of a broker that you are curious about. If you are eager to know more about certain brokers, you can open our website (https://www.WikiFX.com/en) to check out more information by yourself. The most common way to use WikiFX is to type the name of a certain broker in the search box, WikiFX will give you all information about this broker in a few seconds. Besides, WikiFX App offers you the easiest way to find the best forex brokers. You can download WikiFX App to your mobile devices in a very short time . WikiFX App supports both the Android system and IOS system and it is completely free to download.