Be Alert while investing in TradeMTFS

All of us are aware of how big and complicated the forex market is. It is rife with fraud. It is quite possible that a dishonest broker operating in this complex market will defraud you if you are not careful. As One such incident came to our notice when a user from India complained against TradeMTFS Broker and asked for Wikifx help.

Victim's Complaint

Recently , A user from Tamilnadu, India filed a complaint against TradeMTFS broker. He quoted in his complaint that “he is a newbie” who began trading with TradeMTFS on J

une 2021. As He has no idea about it so his account Manager used to send him signals by voice call or mail. “I followed his instructions for almost two months. Then My manager compelled me to invest with the broker. Therefore, in the end I made a $200 investment with TradeMTFS” Victim said.

He told after Investing, the account manager stopped responding.“I got suspicious about the broker so I decided to withdraw my funds. I placed many withdrawal requests but they were always rejected .” Victim stated. In his complaint, Victim said, he sent several emails to the broker but got no reply. Further, the complainant said, two weeks later he received an email from the account manager that his account has been closed by the company due to some technical issue. “After this, I am unable to communicate with broker and unable to get my funds.” He adds.

When we searched this broker on Wikifx. We discovered it's a lowest scoring broker. Also, it has no regulation. We also read some reviews about TradeMTFS on the internet and found people are not satisfied and complaining about it. Here are some reviews you can read and be alert of while investing in this.

What is Wikifx and how it can help you？

Wikifx is a platform that can help you in various ways. It provides you with in-depth information on forex brokers, their regulations, and their services. You can use Wikifx to compare different brokers and select the one that suits your needs. Additionally, Wikifx offers a range of educational resources, including articles, videos, and webinars, to help you improve your trading skills. Furthermore, Wikifx has a community of traders who share their experiences and insights, which can be helpful in making informed trading decisions. Overall, Wikifx is a valuable resource for anyone interested in forex trading.