WikiFX Review: What You Should Know About London Explorer

In the face of all kinds of financial frauds, are you still struggling with which dealer is trustworthy？ WikiFX can help you!!! Search on WikiFX before investing to avoid bad reviews of traders. Today WikiFX is going to talk about London Explorer with you and find out if this broker is reliable.

About London Explorer

London Explorer is a global investment manager. It claimed to be based in the UK and acquired license by the national financial institution. To find out if a forex broker is trustworthy, check first that it is registered and authorized with a local financial institution.

We can see from the figure above that the query result is quite negative –no company named “London Explorer” is shown on the Financial Conduct Authority. It clearly proves that London Explorer is not authorized by FCA but offered financial services and products in the UK. All members of the British public should be careful and stay away from it. Because you are unlikely to get your money back if things go wrong.

In addition, to get a better idea of London Explorer, WikiFX also paid a visit to its official website. However, the outcome was disappointed - the website is not accessible any longer.

Without access to the website, we cannot see for ourselves if it holds up to something like industry. As a professional forex broker, Its shocking that it does not have an official website or even the most basic information available to the public？ Actually, most of investors should be highly vigilant when they see this. Do investors still dare to invest in such platforms that does not even want to display basic information？

In addition, to learn more about London Explorer, WikiFX tried to connect with its social media.

A Google search revealed that London Explorer has a Twitter account. As we can see from the image above, the tweets on Twitter haven't been updated for a long time. The last update was on October 1, 2020, more than two years ago. As it stands now, London Explorer 's scam appears to have been busted and can no longer to operate its official website and social media, so it has run away with clients' money.

When faced with the little information on Internet, we can totally trust and use WikiFX to learn more about forex broker. It is certainly the most convenient and quick inquiry mode for ordinary investors. Now let's search “London Explorer” on WikiFX APP to find out more about this broker.

As you can see, based on information given on WikiFX (https://www.wikifx.com/en/dealer/1986680421.html), London Explorer currently has no valid regulatory license and the score is rather negative - only 1.36/10! WikiFX will give brokers a composite score in five categories: license index, business index, risk control index, software index and regulatory index. Since London Explorer does not have any supervision and does not obtain a regulatory license, the license index, risk control index and regulatory index all score 0, and the final total score is 1.76 (out of 10). Investors can see the overall situation through WikiFX, with higher scores indicating a more reliable broker.

From all the above information we can know that trusting a broker like London Explorer is simply not worth it – you will certainly end up robbed. The so-called brokerage is nothing more than an outright scam. WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers. Investors are advised to search relevant information on WikiFX APP about the broker you are inclined to trade with before finally deciding whether to make investment or not. Compared with official financial regulators which might lag behind, WikiFX is better at monitoring risks related to certain brokers.

WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed.

WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!