Top 10 Most Complained Forex Brokers in August, 2019




Investors need to mind the brokers with tricks and think twice before making a deposit. You can learn more about the updates of forex brokers from the most-complained brokers list, illegal broker exposures and field survey reports on the WikiFX website or App.



More details at WikiFX App, which is available on Apple Store and Google Play.



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Top 20 Most Visited Forex Brokers in April, 2019

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WikiFX released the top 20 most visited Forex brokers list in late April, 2019. As an indicator of Forex market trend, it reflects investors' attention in addition to brokers' activities, providing valuable reference for investment. Let' s take a look at what' s new about the 20 most-visited brokers this month. FOREX.com PTFX OANDA FXCM AVATRADE EightCap FXTM IC Markets ATFX XM GKFX Prime AETOS KVB CMCMarkets USGFX ACY TradeMax IG LION Pepperstone Month-on-Month increase(with March): FOREX.com, up by 3 places CMCMarkets, up by 3 places IC Markets, up by 2 places AETOS, up by 2 places AVATRADE, up by 1 place Month-on-month decline(with March): USGFX, down by 3 places XM, down by 2 places PTFX, down by 1 place OANDA, down by 1 place FXCM, down by 1 place EightCap, down by 1 place TradeMax, down by 1 place LION, down by 1 place New in April: GKFX Prime ACY IG Pepperstone ...
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IQ Option bullied investor by denying withdrawal request

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IQ Option claimed that investor breached service agreement Froze investor' s account arbitrarily Refused to process withdrawal application Platform is acting like a mean bully to its customer Recently, WikiFX got a complaint about IQ Option from investor, who couldn' t withdraw her money for the Forex broker arbitrarily terminated the service agreement, froze her account and kept on delaying withdrawal requests. nvestor complained to WikiFX about IQ Option Investor offered WikiFX her ID card to ensure the authenticity of complaint. Investor lodged a real-name complaint by presenting ID card As per Ms. Huang' s said, she opened an account in July, 2018 and kept on depositing money to IQ Option. Though she made some loss in trading, the withdrawal service worked normally. Last December, she couldn' t place order at the platform, and submitted withdrawal application for the safety of large sums of money in her account. However, the applicat...
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Something about Binary Options, and the Broker Binary.com

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What is binary option? Binary option is one of the most common forms of option. Compared with forex trading, binary option doesn’t involve trading lots, margin or leverage. Instead of actually trading an asset, binary option investors bet on whether the price of an underlying asset will be above or below the set mark at a certain time. Binary option bears considerable risks, as its mechanism is very similar to gambling. ESMA’s prohibition on binary options Booming development followed by crackdown The rapid development of the internet has led to a proliferation of web-based binary option platforms, particularly after 2010. Yet among these emerging brokers, many conduct unauthorized business and make huge profits through their illicit practices. Facing with the overgrown binary option platforms, European Securities and Market Authority (ESMA) made an announcement last year, prohibiting the marketing, distribution and sale of binary options within EU boarders. As countries ...
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