Wikifx-Review: Is Regulatory Information on this App True?

Quite a few people are talking a lot of nonsense on the internet that Wikifx is always trying to post about certain brokers being a scam company, and writes false content on its page and website that shows unverified information. This is a serious issue. Let’s figure out whether the broker regulatory information on the Wikifx platform is true or not. 

Wikifx-Review: True Broker Contents

Take a broker called LEGO MARKET, for example, listed one of the frauds on the Wikifx official website. LEGO MARKET is a broker registered in Saint Vincent and the Grenadines, totally an unregulated broker per its website. As we all know, the risks associated with working with an offshore unregulated broker can easily become disastrous. There are many scams in the forex world, which means dealing with an unregulated broker can be like playing with fire. Wikifx has a field survey team to directly visit the broker’s office to see if it truly exists or not. After investigation, it is verified that this broke is an unregulated broker that forex traders should not trade with. All the regulatory information for each broker on the Wikifx platform is consistent with global regulatory institutes, so there cannot be false claims for a certain broker.

Wikifx-Reviews: User Reviews Matter

What’s more important is that Wikifx has received more than 10 complaints about this broker within 3 months. This can be disastrous for a forex broker receiving so many complaints from its traders in such a short time. Wikifx cannot change what other forex traders say a broke, but it can collect their sincere reviews to evaluate a broker, telling more people what the real regulatory conditions this broker is under. To be frank, whether a broker is reliable or not cannot be twisted by one or two people or platforms, it is the people of the majority that make a difference. Apart from real broker reviews, there are many positive Wikifx reviews, which all mention that Wiifx is a super nice App for checking in broker regulatory status and MT4 identification, user- friendly, with big data and all-around information, When we are trying to assess a new product or an App, user reviews are always first-hand assessment standards. 

 

Wikifx-Review: Learn to Distinguish

Those who are identified as fraud brokers on the Wikifx App are certainly unwilling to admit they are illegal ones. Instead, they will say the Wikifx is an untrustworthy platform even having no trading experience itself. They are wrong. Wikifx is a professional team that has been engaged in financial markets for years, with its staff all having knowledge of forex trading. Illegal brokers are good at camouflaging, making use of what traders want to pursue most to attract news victims. Therefore, traders need to learn how to distinguish formal brokers from those illegal ones. With the help of this Wikifx broker regulatory information App, users can easily find what they need about the broker, energy-saving and convenient. 

Wikifx is sincerely pursuing to be a truly nice tool for its users, offering a huge amount of information and resources to the user. Rumors are always there, however, Wikifx will prove itself over time, a transparent and helpful forex platform.