The victim from Jordan warns you of a broker called Point Trading Markets(PTM)

About WikiFX

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About Point Trading Markets (PTM)

PTM is an online forex broker registered in Ukraine. It has only experience of less than one year. WikiFX has given this broker a low rating of 1.03/10 as it is not regulated by any regulatory institution.

Mr. Ahmad, who is from Jordan, is the victim of this case, he told WikiFX about the situation he met while investing in PTM. Mr. Ahmad wanted to get assistance from WikiFX. He contacted WikiFX and reported the fraud of PTM to WikiFX.

Description of the case in brief

Mr. Ahmad claimed that last December, he requested a withdrawal to PTM. At first, PTM promised to pending approval but the victim did not receive the fund. Customer service is not responding from day one except thru emails only. Then the account is deleted from PTM without Mr. Ahmads permission.

Evidence gathered by WikiFX

Mr. Ahmad told WikiFX that there are 3 withdrawal requests that have been declined ($1389+1500+1600) and the broker didn't return back the amounts in the account. He made a $9000+ profit on top of my deposits of $4700, However, he received no response from the support team of PTM.

The Relationship Between PTM and Raynargroup

Mr. Ahmad told WikiFX that if you click on the “Web trader” now, it takes you to another platform called Raynargroup.com.

The victim believed that PTM is doing business now under a new name “Raynargroup LLC” which has the same address on the website raynargroup.com

Conclusion

WikiFX has given this broker a low score of 1.03/10. And we find out that this broker is not regulated by any regulatory institution. Many scam brokers like to make excuses and ask clients to deposit more money but reject clients withdrawal requests. The reason why WikiFX exposed this case to the public is to remind all traders of the potential risks. After all, what happened to Mr. Ahmad could happen to any of us. All traders should be vigilant when investing in a broker.

WikiFX is actively reaching out to the victim and other traders hoping to find more evidence to help him resolve the problem. Please stay tuned for more information.

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) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!