January 25, 2021 9:42 AM PST
Nowadays, there has been an increasing number of illegal forex brokers
with tricky traps. Recently, WikiFX received a complaint from a Japanese
investor against the illegal broker Spring.To get more news about
[url=https://www.wikifx.com/]WikiFX[/url], you can visit wikifx official website.
Just like anybody else, I met a “girl” on Tinder last summer. She said
that she wanted to make friends with me. Later, she told me what she
was doing in her free time - Forex trading. She asked me to install Meta
Trader 4 and try the demo account of MyanmarFinancial. I did so for one
month. Later, she persuaded me to open a real account to start trading.
After one month of trading, I wanted to withdraw my profit. But she
asked me to trade once more, and it was a total loss. I LOST 30,000 US
dollars. A few weeks after that, the broker changed its name to
SunlaidealFE Markets. I asked her what happened. She said that the
broker was upgrading. Stupidly I believed that!
[url=http://activities.wikifx.com/download/index5.html]
[/url]
I didn't realize it was a scam until that Christmas campaign. On the
first day of December 2020, a WhatsApp message came in. It said that
there was a Christmas campaign held by Sunlaideal FE Markets. Whoever
deposited some amount of money and waited for a month would get a bonus.
My “friend” said she wanted to help me get a bonus to recover my loss.
She made a $40,000 deposit for me, and I made $10,000. So in total I
had $50,000 in my trading account. I was supposed to have a $50,000
bonus at the end of the month, but my account was BLOCKED when I wanted
to withdraw them. Soon, the broker changed its name again to Springand
changed its domain to Meta Trader 5.
As per investigation, the broker Spring was registered in China and has
been in business for less than a year. Currently unregulated, the broker
is rated at 1.01 on the WikiFX App and is substantially risky. Please
stay away!
Investors may visit the WikiFX App or the official website [url=https://bit.ly/wikifxIN]https://bit.ly/wikifxIN[/url]
to check more exposures of illegal brokers, and you may also report
illegal brokers by contacting us at
wikifx@wikifx.com. Together, we can
improve the forex environment by nipping illegal brokers in the bud.