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Abstract:Aroxcapital is an unregulated Crypto and Forex CFD Broker, please be aware of this broker!
Recently, an investor from India exposed forex scam broker Aroxcapital on WikiFX exposure channel, stating that he had been defrauded. Aroxcapital is an unregulated Crypto and Forex CFD Broker, please be aware of this broker!
Aroxcapital is an offshore broker. Problem with offshore brokers is that they are not reliable and abuse the regulations. Make sure to stay away from such kind of broker as they are anonymous and that they can disappear any time without notice.
Also while looking at the broker‘s website, there is no information about who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY.
With such lack of information and Aroxcapital being offshore, funds definitely are not safe. Security of funds is a huge problem with offshore brokers. Aroxcapital could go bankrupt from one day to another since there are no banking information about this broker.
Next, take a quick look at Aroxcapital trading tool. They only offer a simple web-based CFD trading platform, and we could not find the Forex industry standard MT4 or MT5 trading apps which most investors are using for trade.
By checking WikiFX App, you can see that Aroxcapital is only scored 1.00. It has been verified that this broker currently has no valid regulatory, beware of the risk!
If you‘re cheated by any scam broker, don’t hesitate to contact WikiFX, the best forex trading inquiry platform with the most influential exposure system in the South Asia. Now you can expose forex scam on WikiFX app or website, read how >> Keep Silence to FX Scams? NO! EXPOSE Them on WikiFX! (https://bit.ly/3dWv4N1)
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.