WikiFX

WikiEXPO is coming to Ho Chi Minh City in 54 days Over 30 forex exhibitors Inspiring discussion forums Latest fin-tech achievements and more On September 21st, 2019, Wiki Finance EXPO will come to Ho Chi Minh City(HCMC), Vietnam for the first time and present the guests a long-expected forex feast. Vietnam is the fastest growing Southeast Asian country in economy, which expects to see a big financial market totaling 7.8 billion USD by 2020 and consisting of forex and financial organizations of different types and sizes. And as Vietnam's economic centre, Ho Chi Minh City(HCMC) is attracting more forex investors and brokers worldwide with its booming financial industry. At a venue covering 1,000 square meters, the EXPO will welcome over 30 forex exhibitors and diamond sponsors, including samtrade, NatureForex, FXPRIMUS, Horseforex, TLC and MUST HK LTD. Some of the exhibitors will give keynote speeches, offering exclusive forex insights and a glimpse of c...

Background After its office in Shenzhen was closed under investigation of the Industrial and Commercial Bureau, the illegal forex broker ACY has returned with more intense marketing efforts in July. Meanwhile, WikiFX has got over 14 complaints against the broker in the past 3 months from investors, who suffered heavy loss for ACY's illegal behaviors including causing slippage, blocking withdrawal or deactivating their accounts illegitimately. WikiFX thus visited the headquarter of ACY to bring investors first-hand information about the broker and help investors avoid potential risks. Broker's profile Full name: ACY CAPITAL PTY LTD Registration country: Australia Regulatory status: Illegal Business status: Normal Website: https://cn.acy.com/ Address: Suite 804 Level 8, 12 Help Street, CHATSWOOD NSW 2067 Location ACY is located in Chatswood, one of the busiest commercial district on Sydney's Lower North Shore, within only 19 minutes' ...

As the financial market with the most frequent transactions, forex market has been the first choice of global investors due to its high efficiency, flexibility and liquidity. However, many illegal brokers also lurk around this lucrative market like vipers and attack unwary investors. The following story is shared by Ms. Zeng, an investor who sought WikiFX’s help after being defrauded by forex broker MAREX. She reported the illegal broker to warn other investors against it. Complainant: Ms. Zeng Broker: MAREX Broker’s website: www.marexforex.com Time of deposit: June 14th, 17th and 18th   Account balance: US$15,000 Withdrawal status: pending Customer service: out of reach Website status: unavailable Event recap I got to know Meng Qiuchen through a friend on Wechat. This self-claimed “stock-trading expert” approached me and offered to give me investment tips, and I was persuaded to friend her on QQ. At first, she enthusiastically taught me the basics...

Forex broker: Finex (Indonesia) Date visited: July 8th, 2019 Conclusion: the broker had moved The field survey According to the regulatory information of Finex, WikiFX team visited its licensed office, an Indonesia forex broker, located at The Plaza Tower Lantai. 38 JL. M.H Thamrin Kav. 28-30 Jakarta. WikiFX team arrived at The Plaza Tower Lantai, and found Finex's office closed. Staff from the neighboring company told us that Finex had moved away, but the broker didn't update its regulatory information about new address. Analysis Forex trading has been thriving in Southeast Asia in recent years, and Indonesia's large population and growth potential enable it to stand out on the region's booming forex market. Meanwhile, the increasing forex brokers in the country are witnessing the competence of Indonesian regulatory authorities, who have yet been fully prepared. Finex is an Indonesian forex broker established in 2012 that focuses on ret...

It has been proven that a team characterized by mutual-trust and sincere communication will outperform one with negative atmosphere and conflicts. So in order to strengthen the ties between its members, WikiFX organizes annual team-building events that link every staff member like an invisible bond and make WikiFX outstanding. This year, WikiFX members arrived at Da Long Bay, a national 3A scenic spot in the west of Zhejiang Province and enjoyed 2 days of team-building activities outdoor.   “Fragrant grass thrives in the mild early summer”. As the poem goes, the lush and vibrant Da Long Bay in early summer presents a picturesque view. The staff members of WikiFX either challenged themselves on the various outdoor facilities and activities, or rafted down the glass track on the cliff and enjoyed the scenery along the way, or simply roamed the valley and embraced the beauty of nature. Focusing on the theme of “nature, exploration, innovation, progress”, the team-buildin...

Forex broker: HCKHFX Regulatory status: suspicious cloned FCA license for investment consultation Complainant: Mr. Song Cause of complaint: broker blocked withdrawal Most investors reported brokers to WikiFX for withdrawal problems, such as applications being rejected or postponed or account being suspended. Recently, Mr. Song lodged a complaint at WikiFX against Forex broker HCKHFX who kept on postponing his withdrawal request, hoping WikiFX's exposure of the broker can warn other investors against it. Mr. Song's ID card Withdrawal application wasn't processed According to Mr. Song, he opened an account and deposited to HCKHFX in May upon a friend's recommendation. Having made some profits initially through careful trading, he increased investment by depositing again on June 18th. The next day, he applied to withdraw for personal reasons, thinking that it would soon be approved. But until June 24th, the request was still not processed, while M...

As the financial market with the most frequent transactions, the Forex market is favored by global investors due to its high efficiency, liquidity and flexibility. However, many illegal brokers also lurk around on this lucrative market, attracting investors with appealing yet misleading advertisement such as “starting trading with only US$5” and “speedy deposit and withdrawal”, or promising investors so-called “bonus” for successfully inviting others to open account at the platform. But behind the attractive “high profits” claimed by brokers, there are often great risks or even traps. As one of the victims suffering such broker scams, Mr. Wang reported GPAK to WikiFX and shared his experience of being defrauded to warn other investors against the illegal Forex broker. Complainant: Mr. Wang Forex broker: GPAK Broker website: http://www.gpakcn.com/ Time of opening account: February, 2019 Time of withdrawal: June 20th, 2019 Withdrawal status: in process Custome...