SparkFX Review 2025: Unverified Dubai Claims and Rising Risks in the Arab Market
An in-depth review of SparkFX (Score 1.82) investigating claims of a Dubai license, expansion into Arabic markets, and reports of unfair account bans.
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
Abstract:Lured into the DUHANI trading platform courtesy of the bonus offer that never existed? Did the forex broker prevent you from accessing your account and take away all your profits? Being promised a swap-free account but ended up paying a charge on closing a position? These experiences have become synonymous with DUHANI traders. Frustrated by these incidents, traders have opposed the broker online, with some of them even claiming to have recovered their stuck funds using legal means. Let’s check their negative reviews to find out the pain they have had trading via DUHANI.

Lured into the DUHANI trading platform courtesy of the bonus offer that never existed? Did the forex broker prevent you from accessing your account and take away all your profits? Being promised a swap-free account but ended up paying a charge on closing a position? These experiences have become synonymous with DUHANI traders. Frustrated by these incidents, traders have opposed the broker online, with some of them even claiming to have recovered their stuck funds using legal means. Lets check their negative reviews to find out the pain they have had trading via DUHANI.
DUHANI taps into traders by inviting them to their trading platform using a fake bonus offer. However, as the trading begins, the bonus is removed from the account, leaving traders stunned. Here is one trader sharing this concern through a screenshot attached below.

The trader mentioned above faced account termination as well as profit blocks. However, this case is too rampant at DUHANI. Whats more, there is no effective response from the customer support team on this matter. This makes us share two screenshots (including the one above) below. Take a look at them.


Adding to the list of fake promises, DUHANI even approaches traders with a swap-free forex promise. However, as traders close forex positions, they are charged. Even the charge calculation seems erroneous in many cases. One trader shared a review, specifically pointing out this concern. Have a look at the screenshot below to know more.

The issue of frozen withdrawal remains so intense at DUHANI that some traders had to take legal assistance to get their funds back. Here are some screenshots we found in support of this claim.


DUHANI seems like a scam forex broker as per the growing trader complaints regarding its operations. The accusation grows only stronger when we reveal to you this - DUHANI does not have a valid license from a competent financial authority. In view of all these, the WikiFX team assigned the Albania-based forex broker a poor score of 1.96 out of 10.
Stay updated about the latest on DUHANI and other scam forex brokers on WikiFX Masterminds (ID:EODL15W5IH)
Follow these steps to get started -
1. Scan the QR code placed right at the bottom.
2. Download the WikiFX Pro app.
3. Afterward, tap the ‘Scan’ icon placed at the top right corner
4. Scan the code again.
5. Congratulations on joining the group.

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.

An in-depth review of SparkFX (Score 1.82) investigating claims of a Dubai license, expansion into Arabic markets, and reports of unfair account bans.

Have you been made to take a loan from the Libertex official after losing in a trade? But did that also prove financially disastrous? Do you find varying experiences when depositing and withdrawing, with the former being smooth and the latter being worse? It is arguably the pattern for most traders as they share negative Libertex reviews online. In this article, we have discussed these complaints in greater detail. Read further!

Multibank Group broker review: regulated in Cyprus, Australia, and Germany, but facing revoked licenses and severe complaints.

FX LIVE CAPITAL holds a dangerous 2.11 score on WikiFX with zero valid regulations. User reviews expose account bans and missing funds. Read the full safety warning.