Global Broker Regulation Inquiry App
WikiFX
Amount resolved within one month(USD)
$351,749
Number of People Resolved
15338
I was trading with this
I was trading with this broker since 12 April without any single withdrawal i was compounding my profits for increase good profits unfortunately what email i received.
I was using hedge buy/sell long strategy which all broker allow without any problem.
But the just sent me a Email that’ my account is deactivated and my trading accounts is been disabled this is pure scam
Broker
Trade245
Exposure Type
Scam
India
08-27
India
08-27
hold my withdrawal of
hold my withdrawal of funds since 18 December. have no good faith to pay.
there was no response at all, they only wanted the customer's deposit.
My first withdrawal submission on December 18 was deleted without any explanation. then I filed again on December 24 . until now there is no explanation.
Broker
QT
Exposure Type
Scam
India
08-27
India
08-27
⭐ 1-Star Review: Skyline Trading Ltd – scarmers
⭐ 1-Star Review: Skyline Trading Ltd – Coercive, Unethical, and Withholding Funds
I invested $2,025 USD with Skyline Trading Ltd and grew my account equity to $8,583.30 USD, which included a $1,000 broker credit. Despite this, my experience has been deeply manipulative and financially damaging.
After I posted a public review about unresolved withdrawal issues, I was contacted by a staff member named Hussain. He pressured me to delete my review, promising that Skyline would process my pending $3,000 USD withdrawal and remove the running losses caused by trades placed by their Relationship Manager (RM)—trades I did not authorize and were not my fault. Yet, the broker framed the removal of those losses as a favor, not a correction.
Following this, I initiated a $3,000 transfer from my trading account to my wallet and then to my bank account. While this partial withdrawal was processed, the majority of my equity and profits remain withheld. My wallet now shows a balance of $0 USD,
Broker
SKYLINE TRADING
Exposure Type
Severe Slippage
India
08-27
India
08-27
Hi guys,
I just wanted
Hi guys,
I just wanted to share my experience about this broker. Yesterday I took several of winning trades and my balance account was around 5000 $ with my profit secure, so I was satisfy and decided to go to bed and rest. When I woke up this morning I noticed my balance is only around 1300 $ I checked my trading history and I don't know how come but my wining trades from last night are all gone. So I contact the broker by messenger but the agent said they can't access to my trading history and to send an email to the support what I did. I even tried to call them but same answer from the agent over the phone. That just insane I hope it's just a mistake because otherwise it's just crazy. That Happened this morning so I am waiting for them to getting back to my email. I will keep you up to date
Cheers
Broker
Trader’s Way
Exposure Type
Scam
India
08-27
India
08-27
Weltrade.com ( weltrade.in
Weltrade.com ( weltrade.in ) not processing my 1100usd withdrawal
My Account is fully verified account pending since 1 day actually there standard time for withdrawal is 30min only also They blocked my profile and blocked chat service also I can’t access them or complain to them at all
Broker
WELTRADE
Exposure Type
Scam
India
08-27
India
08-27
They didn't pay my withdrawal
They didn't pay my withdrawal and banned my account and no one is replying via email I want to see the reason or evidence . Unprofessional and not trustable company
Broker
BOLD PRIME
Exposure Type
Unable to Withdraw
India
08-27
India
08-27
Hero FX is a scam broker.
Hero FX is a scam broker. Every time there’s news or any type of press release on any type of tradable asset, commodity Forex index, money, any type of currency any news the MT5
Or MT4 version of hero FX that they offer always freezes every time News is about to release hero FX is a scam they don’t let you trade news and if you’re trying to trade me, you will f u over because it will freeze on you and you can’t get out of the trade I hate this company I lost over $2000 trading on their platform because I was trading
How do you say promoting hero FX? They’re all getting paid for it so hero FX can make their money back and scam all of these innocence treaters and get all of your retail traders money so don’t fall for any of 4X gurus on YouTube selling courses all of these promotional money.
Broker
herofx
Exposure Type
Scam
India
08-27
India
08-27
I’m writing this to warn others:
I lost a large part of my account here due to heavy slippage and suspicious price moves. If you value fair trading, pick another broker. Learn from my mistake before you experience the same losses.
Broker
Tradeview Markets
Exposure Type
Severe Slippage
Canada
08-27
Canada
08-27
Typical broker where
Typical broker where till you are loosing, no problem. Issues started when you earn and try to withdraw. Then they deactivated in toto the account. When I asked, they reply that I apply a sort of Arbitrage trading. When I asked more info availability to show all the transactions and even I have shared the name of EA used (scalper), they simply ignore me. Trading is all about money and when there are money there must be fully transparency and you need to be sure the broker is paying when (few times unfortunately) there are profit.
Broker
DOMINION MARKETS
Exposure Type
Unable to Withdraw
India
08-27
India
08-27
They have a done huge
They have a done huge losses to our accounts which can be termed as an fraud .They vanish near about 10 million $ from the account within few minutes. And not providing any details for the trade.Not at all supportive.
Broker
INFINOX
Exposure Type
Scam
India
08-27
India
08-27
I request withdraw for
I request withdraw for 22000 USD,but until now, they are not process the request, numorious response is facing technical issue and will contact me when they ready.
I have emailed regulation company but the respond is not satisfied.
Broker
Bd-swiss
Exposure Type
Unable to Withdraw
India
08-27
India
08-27
First the stupid rule
First the stupid rule of 3 minutes. This is done to ensure you will never gain profit. I scalp , especially during news releases
When my account made over 100% within the week, they blocked my login without any email or a call. When I contacted CS, they said illegal operations. Well, if you losses,nothing illegal. If you win, every trick on the books will apply. If you are really legit a broker, this won't be the case
Broker
TOPONE Markets
Exposure Type
Scam
India
08-27
India
08-27
Be careful, they are scammers
They charged me $400 for a swap on a trade I closed the same day. Then they said we didn't take the money and LP took it so we won't return it. Overall, this broker is irresponsible, and they might also take your money, saying that it wasn’t taken by them, but by the LP.
it is very shameful that your money is stolen by this broker, and they claim that the LP stole your money and it has nothing to do with the broker.
Even if the LP stole your money, the broker must give you your money Because it is the broker who chooses the LP, not the trader
Broker
STP Trading
Exposure Type
Scam
India
08-27
India
08-27
FXCC broker did not process
FXCC broker did not process my withdrawal request for more than 11 months The amount is 38718 USD.
I have tried to contact them many times but they do not reply to my emails or messages in the past 6 months (a screenshot of the opened ticket is attached).
I strongly believe they do some fraud or scam business.
I tried to explain to them that I will take legal action and complaint against them but they answer me my account is with the Vanuatu Island branch (email attached). This was a total surprise for me as I understand that they transfer my agreement and my account in HIDDEN WAY (without my permission) to Vanuatu Island (as I am not a resident of the EU). Worthy to mention that they do not have an active licence in Vanuatu to give forex services (email from VFSC is attached). however, they lie in their agreement that they have the licence number 014576 (clause of 2.2 in agreement) I have attached the agreement and the screenshot of that false information to decide customer.
Broker
FXCC
Exposure Type
Unable to Withdraw
India
08-26
India
08-26
fraudulent company.
fraudulent company. In case of profits, the company will not process the withdrawal, will fabricate reasons, impose unjustified penalties, and erase the profits. Avoid working with this company
Broker
dbinvesting
Exposure Type
Unable to Withdraw
India
08-26
India
08-26
stop loss triggered beyond my set up
Stop-loss orders were triggered far beyond my set levels, resulting in unnecessary losses that shouldn’t happen with a fair broker.
Broker
mBank
Exposure Type
Severe Slippage
United States
08-26
United States
08-26
I regret opening an account
I regret opening an account with this broker,slow and very long deposits and withdrawal.
You can't also withdraw any amount less than $20 .
So after taking $1 loss you can't withdraw the rest.
Broker
Windsor Brokers
Exposure Type
Unable to Withdraw
India
08-26
India
08-26
I opened several trades
I opened several trades in the shares of the "Pinterest" company in the aforementioned HYCM company. On October 29, 2020, I closed my positions with a profit of about $ 43,000. Then I made two withdrawal requests for the amount of 9,200 euros and 1,265,000 rubles. On October 30, 2020, at approximately 11:00 Moscow time, my withdrawal requests were canceled and my profits were canceled. Then this company sent a letter in which it accused me of violating some of the rules and stated that they were breaking off contractual relations with me. also in this letter it was reported that my profits are canceled and only the amount that I deposited into the account of this company earlier will be returned to me
Broker
HYCM
Exposure Type
Scam
India
08-26
India
08-26
Every winning position
Every winning position was eroded by slippage until my account balance turned negative
My experience with this broker ended with heavy personal losses caused by their practices, not the market.
Broker
Plexytrade
Exposure Type
Severe Slippage
United States
08-26
United States
08-26
large gap price difference
I suffered consistent financial losses here due to sudden price jumps that were not visible on any other reputable price feed. My stop-loss orders were hit prematurely, often by large margins, and the broker’s only explanation was 'market volatility'—even when the market was stable.
Broker
RoboMarkets
Exposure Type
Severe Slippage
Belgium
08-26
Belgium
08-26
Exposure
Unable to Withdraw
Severe Slippage
Scam
Others
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Amount resolved within one month(USD)
$351,749
Number of People Resolved
15338
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