Equiti Scam Exposed! Account Lockouts and Unresponsive Support

Transparency, platform dependability, and strong customer service are essential for forex trading and should all be provided by a broker that is subject to strict regulations. The trading community is receiving warning signs from recent news regarding Equiti, as users have reported suspended accounts, missing funds, and major fraud charges.

Traders Speak Out Against Equiti

A trader from Ireland accused Equiti of being a fraud website in a surprising revelation. The user claimed that his account was cleared out after months of trade, but no explanation was provided. Even the MT4 login showed an invalid account notification, and his attempts to access the website terminated with a blank page. The trader emphasised the psychological effects of being scammed, calling the incident “a disaster.”

Here are the details of the ordeal shared by the trader:

Another trader from Hong Kong complained that multiple margin calls resulted from the earnings being automatically subtracted. Despite the financial loss, the user received no response from Equiti's customer service, which labelled the platform a “fraud platform” because there was no settlement or help.

WikiFX Review of Equiti

According to WikiFX's Equiti profile, the broker is regulated by a number of authorities such as the CYSEC, FCA and FSA with the License no. 415/22, SD064, and 528328 respectively. Nevertheless, in spite of these credentials, the platform has faced criticism based on an increasing number of adverse user reviews and platform stability issues.

The broker is licensed by the CYSEC, FCA, and FSA, with licence numbers 415/22, SD064, and 528328, respectively, according to WikiFX's Equiti profile. However, despite these qualifications, the site has come under fire due to a growing amount of negative customer reviews and stability problems.

Conclusion

Traders who have suffered financial losses, login issues, and an apparent lack of customer service have harshly criticised Equiti. These first-person narratives expose the unpleasant side of working with brokers who are unable to uphold client protection guidelines and openness.

If you are considering opening an account or are already trading with Equiti, proceed with great caution. Keep track of all transactions, always double-check broker policies, and never ignore warning indications. Those affected can share their experiences on websites such as WikiFX to help hold brokers responsible and alert others.

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