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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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Switch Markets Review: Do Traders Face Deposit Discrepancies and Account-related Issues?
Do you fail to deposit your funds into the Switch Markets forex trading account? Earned profits, withdrew them too, but did Switch Markets block your deposits? Wanted to close your trading account due to payment-related issues, but in turn got your emails blocked by the Australia-based forex broker? Faced a negative trading account balance because of illegitimate trade order execution? Many traders have shared these stories about Switch Markets on broker review platforms. In this Switch Markets review article, we have mentioned the same. Read on!
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Is IEXS Safe or a Scam? A 2025 Review Based on 13 User Complaints and Regulatory Red Flags
You're asking a direct and important question: Is IEXS safe or a scam? As someone who might trade with them or already does, this is the most important research you can do. While IEXS says it is a global broker with over ten years of experience, a detailed look at its regulatory status and many user reviews shows serious warning signs that cannot be ignored. The evidence suggests a high-risk situation for traders' capital. This review will examine the available information, from official regulatory warnings to concerning first-hand user complaints, to give you a clear and fact-based view of the risks involved in trading with IEXS. Our goal is to give you the facts you need to make a smart decision.
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Having Trouble Getting Your Funds Out of IEXS? A Simple Guide to Delays and Solutions
Are you having trouble withdrawing funds from your IEXS account or facing delays getting your funds? Not being able to access your own capital is one of the most stressful situations any trader can face. It breaks down your basic trust with a broker. This isn't just annoying - it's a serious problem that can mess up your financial plans and cause a lot of worry. This guide goes beyond basic advice. We'll look at real user experiences and official regulatory information to give you clear answers. Our goal is to help you understand why IEXS withdrawal problems happen and show you practical steps you can take. We understand your concerns and want to give you the information you need to handle this tough situation.
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