The potential of being scammed is a regular worry when dealing with uncontrolled. A scammer is a scammer, which is why they refuse to be controlled. They find a method to acquire money from their investors no matter what kind of deception they use. It's a good thing there's WikiFX, which is constantly on the lookout for illegal brokers.
WikiFX is a media platform that connects traders and financial authorities to expose the broker's unlawful activity while also assisting traders in resolving their difficulties. Many instances have been handled with the assistance of the WikiFX Right Protection Center. Many traders from across the world reported poor experiences with their brokers to WikiFX, and some of them have since been rectified, while others are in the process of being handled.
WikiFX Analysis
A trader reported an issue to WikiFX concerning AE Global Link, which promised him no withdrawal/tax costs or other penalties. After earning some money from his everyday trade, he sought to withdraw part of it. To his astonishment, the broker requested a 20% fee for him to withdraw. (As seen below).
You can check out more news like this on WikiFX Exposure News
Concerning AE Global Link
After conducting an investigation, WikiFX discovered the broker is neither regulated nor licensed. They haven't claimed any regulations. This broker is a legit scammer and we don't want this to happen to anybody else. This case is being handled so that it may be turned over to authorities for further investigation. Why is the trader demanding a 20 percent commission when he previously stated that no fees would be taken from the invested funds？ When you visit their website, you will see that no local address or contact number has been listed, not even from other websites. Email is the sole method of contacting their customer service. These guys in charge of the activities are hiding.
When you are scammed, how do you report it to WikiFX？
This is why WikiFX urges traders to report any unlawful activity carried out by the broker. Aside from publicly disclosing their wrongdoings, WikiFX has actively collaborated with 30 financial regulators worldwide. Financial regulators are on the lookout for unlicensed or fraudulent brokers.
Step 1: Open your browser and go to the WikiFX site. The WikiFX app is also available for smartphones; it is free to download from the App Store and the Google Play Store.
Step 2: Navigate to the navigation menus and choose “Exposure.”
Step 3: Once on the WikiFX exposure page, click the “Exposure” button on the right side of the page.
Step 4: All of the fields on the form must be filled out. The first step is to look for the involved broker and choose the sort of case for your report. The title must then be completed, followed by a detailed explanation of your situation. A picture or evidence will strengthen the case and allow it to be settled. WikiFX recommends that you post all photos as proof.
Don't be swayed by the trading values they give if the broker is unlicensed. It is preferable to go with a broker that provides low trading values but is well-known for managing their investors with no complaints and, most importantly, is licensed.
Download the WikiFX app for free from the App Store or Google Play Store to keep up with this sort of news on the move.
