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Abstract:The so-called brokerage AtomtradeFX is nothing more than an outright scam, which was blacklisted by the Financial Conduct Authority in the UK.
Investors who are still trading forex at AtomtradeFX had better quit trading ASAP!!! Investors who have been deceived by this broker please contact WikiFX to help you recover your funds!!!
Breaking news!AtomtradeFX has attracted the attention of the Financial Conduct Authority(FCA)in the UK, which warns on November 9th that AtomtradeFX is not authorized to offer financial services in the England. You may check the warning on the screenshot below.
There is no doubt that the AtomtradeFX is an officially confirmed scam – the UK regulator FCA blacklisted the so-called broker, which outright proves its fraudulent! Trustworthy financial authorities regularly update their lists with unauthorised entities, and it goes without saying that any broker with a warning on its name should be avoided.
WikiFX also paid a visit to the brokers official website to learn more. So far, its official website is still accessible, proving that AtomtradeFX is still deceiving investors, their tricks didn't stop with the FCA's warning.
According to its website, it's clear that the company is attempting to flout the FCA's warning to prove it was a legitimate company. However, as a UK-registered forex company, it must be authorized by an authoritative UK financial institution, rather than a warning from the FCA.
Please bear in mind that this is totally a scam uncovered by the authorities. All information on its official website is baseless and untrustworthy. No matter how well the terms and conditions on its website and the trading platform are presented, remember that these are decoys that are trying to lure you in -- once you've deposited your money, the elaborate traps are just beginning.
With such complex regulatory information, how should investors distinguish between good and bad traders? It's as simple as typing the name of the broker into WikiFX before you invest, you will see every aspect about this broker. WikiFX also provides a comprehensive score based on license, business, risk control, software and regulatory, which is benefit for investors to make judgments. Compared with official financial regulators which might lag behind, WikiFX is better at monitoring risks related to certain brokers.
WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed.
WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en?source=fiona) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html?source=fiona) to evaluate the safety and reliability of this broker!
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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