WikiFX Spring Festival Message | Grounded in Transparency, Walking with Trust
As the Lunar New Year approaches, renewal is in the air. It is a moment to bid farewell to the old, welcome the new, and reflect while moving forward.
Original
Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Warning: The FCA Flags HobitalFxTrade as a Fraud
Abstract：An unregulated forex broker will not follow the industry's practices, and thus investors are likely to lose their money.
HobitalFxTrade (HobitalFxTrade.com) is a completely unknown website claims to be “one of largest forex brand”. Additionally, it is claiming to offer a trusted and secure trading platform. But fact-checking confirms that the company is a scam website that has already attracted the attention of the FCA.
An unlicensed UK-based company
HobitalFxTrade claims it is one of the world's leading Forex CFD provider and is providing fair and transparent Forex trading to active traders, but actually it has no authorization to do so.
It presents no regulatory information. Headquartered in the UK, the entity must be registered and regulated by the FCA. But no result matched with HobitalFxTrade was found on the regulator. Instead, we only found an unauthorised record.
The FCA flags HobitalFxTrade as a scam
On 5 July 2022, the financial watchdog added HobitalFxTrade to its alert list, saying that this firm is not authorised by it and is targeting people in the UK.
Forex accounts with leverage up to 1:1000
As you can see, HobitalFxTrade provides four types of forex trading accounts, with leverage ranging between 1:300 and 1:1000. According to the laws and rules of the UK financial authority, it is not possible for a UK-regulated broker to have such risky levels of leverage.
An unregulated broker is clearly not authorized to operate in any regulated country.
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.
Long Short Slippage Leverage Indicator Quoted currency Roll-Over US Non-farm Payrolls Broker Clearing Commission Currency Pair Dealer Future Inflation Arbitrage Spot Market Spot Price Contract Interest Net Position Devaluation BOE PBOC Volume Liquidity Margin knowledge Learn basic forex Forex trading Forex margin Forex Chart Forex indicator support and resistance Forex Broker Forex strategy Forex Currency pair Forex Analysis Forex news leverage in forex forex pips Basic forex knowledge forex market forex beginners FSCA monetary policy mortgage-backed securities interest rates inflationary Non-farm payrolls Ramadan Stock
Read more
XSpot Wealth Exposure: Traders Report Withdrawal Denials & Constant Deposit Pressure
XSpot Wealth has found many negative comments from traders who have allegedly been deceived by the broker. Traders constantly accuse the broker of causing unnecessary withdrawal blocks and forcing them to continue depositing with it. Many user complaints emerged on WikiFX, a leading global forex regulation inquiry app. In this XSpot Wealth review article, we have investigated multiple complaints against the broker. Read on!
Original
SEVEN STAR FX Exposure: Do Traders Face Account Blocks & Withdrawal Denials?
Did SEVEN STAR FX make unreasonable verification requests and block your forex trading account later? Did the broker prevent you from accessing fund withdrawals? Were you made to wait for a long time to receive a response from the broker’s customer support official? Have you had to seek legal assistance to recover your stuck funds? Well, these are some claims made by SEVEN STAR FX’s traders. In this SEVEN STAR FX review article, we have looked closely at the company’s operation, the list of complaints, and a take on its regulatory status. Keep reading to know the same.
Original
ZarVista User Reputation: Looking at Real User Reviews to Check if It's Trustworthy
When traders search for "Is ZarVista Safe or Scam," they want to know if their capital will be safe. Nice features and bonuses do not matter much if you can't trust the broker. This article skips the marketing talk and looks at real evidence about ZarVista's reputation. We want to examine actual user reviews, look into the many ZarVista Complaints, and check the broker's legal status to get a clear picture. The evidence we found shows serious warning signs and a pattern of major user problems, especially about the safety and access to funds. This report gives you the information you need to make a smart decision about this risky broker.
Original
WikiFX Broker
Latest News
AssetsFX Regulation: A Complete Guide to Licenses and Trading Risks
WikiFXGrand Capital Review 2026: Is this Broker Safe?
WikiFXMultiBank Group Review: A Regulatory Titan or a Master of Liquidation?
WikiFXZarVista User Reputation: Looking at Real User Reviews to Check if It's Trustworthy
WikiFXZaraVista Legitimacy Check: Addressing Fears: Is This a Fake Broker or a Legitimate Trading Partner?
WikiFXPinnacle Pips Forex Fraud Exposed
WikiFXS. Africa Energy Gridlock: Glencore Proposal Stalls Amid Regulatory Clash
WikiFXTP Trader Academy ‘The Axis Event’: Pioneering Trading Education at the Heart of Tech and Data
WikiFXXSpot Wealth Exposure: Traders Report Withdrawal Denials & Constant Deposit Pressure
WikiFXIs Fortune Prime Global Legit Broker? Answering concerns: Is this fake or trustworthy broker?
WikiFXCurrency Calculator
USD
CNY
Current Rate:0
Amount
USD
Available
CNY
Calculate 