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Who Are the Top 10 Scandalous Forex Brokers?
Abstract：WikiFX hosts an extensive database with verified information of over 39,000 forex brokers. Therefore, it is safe to say that we are your one-stop solution for all broker-related enquiries.
Here at WikiFX, we not only pride ourselves as a global forex broker regulatory query platform, but we are also a mediator that handles dispute cases between trading clients and their respective brokers.
We receive many complaints and evidence from victims of scam brokers detailing the process of them being caught in the traps. One way to become a prey of these syndicates is to be aware of and informed about which are the infamous brokers and stay far away from them. In todays article, we will look at the top 10 infamous forex brokers known for their scams.
Number 10: 4xHub
Number 9: eXcentral
Number 8: TR
Number 7: Wintersnow Ltd
Number 6: Bedrockfx
Number 5: TriumphFX
Number 4: SHD
Number 3: Vantage
Number 2: BKYHYO
Number 1: FVP Trade
If you are already in a bad situation, you should confirm that the broker is engaging in illegal activity and collect as much as evidence as you can, try to get your questions answered, and/or report the person to the SEC, FINRA, or another regulatory body that can take action against them. Simultaneously, do get in touch with WikiFX for help as we provide mediating services to our users without charging a penny.
Read this article here for more guidelines:
https://www.wikifx.com/en/newsdetail/202206032924195275.html
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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datian Review: Examining Slippage and Forced Liquidation Allegations Against the Broker
Did you face losses due to a sudden change in the trading price on the datian platform? Were your transaction records deleted by the Hong Kong-based forex broker? Did the broker liquidate your trading account multiple times despite not reaching the stage where it mandated this move? Have you experienced heavy slippage on the trading platform? Concerned by these issues, traders have complained about the broker online. We will let you know of these with attached screenshots in this datian review article. Keep reading!
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TopstepFX Review: Investigating Fund Withdrawal Denial Claims & Other Trading Issues
Did you face constant rejections of your fund withdrawal applications by TopstepFX? Have you been denied withdrawals in the name of hedging? Did you witness an account block without any clear explanation from the forex broker? There have been numerous user claims against TopstepFX regarding its withdrawals, payout delays and other issues. In the TopstepFX review article, we have investigated the top complaints against the US-based forex broker. Keep reading!
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Mazi Finance Regulatory Status: A Complete Guide to Its Licenses and High-Risk Warnings
When choosing a broker, the first question is always about safety and legitimacy. Is my capital safe? For Mazi Finance, the answer is clear and worrying: Mazi Finance is an unregulated broker. While the company, MaziMatic Financial Services LTD, is registered in the offshore location of Saint Lucia, this business registration does not replace strong financial regulation from a top-level authority. Independent analysis from regulatory watchdogs shows a very low trust score, made worse by official warnings from government financial bodies and many user complaints about serious problems. This article provides a clear, fact-based analysis of the Mazi Finance regulation status. Our goal is to break down the facts and present the risks clearly, helping you make an informed decision and protect your capital.
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