WikiForex

All

Brokers

Scam

Q&A

Complaints

News

I had a conversation with Fortuno Markets team

A Hello Amin, Thank you for your inquiry. We do not recommend trading with Fortuno Markets for the following reasons: - Fortuno Markets claims registration in Saint Lucia. While we confirmed its IBC status with the Saint Lucia IFC, this is merely a company registration, not a forex license. The Saint Lucia IFC does not regulate forex trading. - The broker also claims to operate under Fortuno Markets (UK) Ltd. However, our check with the UK Financial Conduct Authority (FCA) confirms it is not authorized to conduct forex activities in the UK. To conclude, Fortuno Markets involves high risks and exhibits characteristics consistent with fraudulent operations.

Weltrade isn't licensed and has all the red flags of a scam.

A Hello there, Thank you for your inquiry. Yes, Weltrade presents multiple risk signals that warrant serious concern. Below is a summary of our findings: - No Valid Regulatory License: Weltrade does not hold a financial services license from any recognized regulatory authority. It only claims to have completed company registrations in Saint Lucia and the Marshall Islands. It is important to note that these are IBC registrations only and carry no regulatory oversight or licensing authority over forex or securities trading. - Official Warnings Issued: Weltrade has been officially warned by both the Spanish CNMV (Comisión Nacional del Mercado de Valores) and the Malaysia SC (Securities Commission) for engaging in unlicensed capital market activities, specifically for dealing in securities and derivatives without proper authorization. For details, please refer to: CNMV warning and Malaysia SC warning We strongly advise you to exercise extreme caution and avoid engaging with Weltrade to protect your funds.

Claims： Compensation for Trading Losses

IC MARKETS is a scam and has no license!

IC MARKETS claims to have an Australian ASIC license. I deposited funds to trade spot gold, and the salesperson told me that withdrawals only required linking my ID card and bank card, and that the funds would arrive within 2 hours or on the same day. However, my system prompts that activation takes 90 days, which is clearly a deliberate delay. I still can't withdraw the more than $3,000 USD, and I seriously suspect it's a scam!

Amount： $64.29

Deposit stucked even after entering the UTR in Quotex

No Balance is Fluctuated from last one week i deposited on Monday and its Saturday morning no updates from support last 24 hours they are doing scam in the markets. i am a professional cybersecurity expert if the funds didn't reflected soon i will take legal actions against the platform because i know all terms and conditions. its legit if the balance reflects otherwise i will go and appeal in judiciary system about this and they have to pay me compensation , Because they must change the monitoring of the deposits and withdrawal through AI not by humans oi sanded the UTR and everything just waiting till money because as per the policy saturday and snday is not included. i have a suggestion to solve this recruit more employees otherwise i will make this site shut down in India if they are not able to manage their clients because i am already a high ranking official in cybersecurity expert from Lucknow. we take investment from big whales tell me if you stuck in same situation and you met with accident whats the need of this platform if they can't work properly i suggest Pocket option works better than this i want to withdraw my funds if ot reflected in next 24 hours and file a complain about this app that Indian government can ban it easily.

Axi has appointed Andrea Rebusco as Regional Head for the UK, EU and LATAM

Axi Strengthens Leadership with New Regional Head Appointment

Malaysia's SC Flags Six Unauthorized Entities, Including Clone Firms

The Securities Commission Malaysia (SC) has added six unauthorized websites, investment products, and individuals to its Investor Alert List as of March 3, 2026.

Copyright © 2026 Wiki Technology Limited

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.