“This business is run by a gang of thieves. To make money, they resort to extortion and blackmail. They appear to believe they can do whatever they want because they are situated in China.
The largest phoney review website in the FX market overall. All brokers have been added to their odd website, which assigns them a rank of 1 out of 10. Then they begin tormenting you on LinkedIn, sending you emails and extorting money.
I lost a tremendous $76,000 to them before I complained to BFS-Bermuda for restitution, and I did not pay a charge until the procedure was over after 3 weeks.”
“When I first installed the app and looked at the app reviews I couldn't get one thing. Why so many people claim they use the app on a regular basis and praise the service as if it was a pizza they order twice a week?
Myself I planned to check the broker I decided to trade with at WikiFx database and uninstall. Now I know those positive WikiFX app reviews are all fake, but it took little research to get to this point.
The broker I planned to trade with was ranked very low at WikiFX and I chose another one, with a better rating. Without getting in details, I believed the WikiFX field survey and extra high ranking and blindly trusted that broker. After getting sereral ENORMOUS splippages in a raw I looked at some other independed reviews of the broker and found out the broker's CySEC license have been expired (or taken away) for numerous violations, while WikiFX still listed it as highly trustworthy.
Spending another hour on research of WikiFX itself I've found the screenshots ot their private offers to brokers. Yes, WikiFX loyalty is expensive, but yes again, it does have a fixed price. You can find those screenshot yourself easily if you wish with a simple google search. What's even more disgusting, I've found out that serval brokers have filed their complaints on WikiFX for blackmailing them and placing incorrect information about their regulations in purpose, to make them pay for removing this information. For example, check the Fullerton vs WikiFX case.
Don't trust WIkiFX reviews! They are irrelevant to the broker's trutworthiness and are often paid.”
