WikiFX Review: What You Should Know About FX-Cryptominer

With the rise of the Internet, the foreign exchange market has leapt to become the most liquid and traded financial market in the world. With this, a large number of different kinds of foreign exchange transactions have emerged, so how should investors choose among the many Forex brokers？Today I want to talk to you about FX-Cryptominer and analyze whether this forex broker is trustworthy.

FX-Cryptominer claimed to be based in UK and licensed by the local financial institute. To find out if a forex broker is trustworthy, check first that it is registered and authorized with a local financial institution.

We can see from figures above that the query result is quite negative –there is no brokerage named as FX-Cryptominer was registered in Financial Conduct Authority(FCA). That means FX-Cryptominer is not regulated by the FCA at all and has no legitimacy to offer financial products and services in the UK.

Actually，before trusting anyone with your money, it would be best to check if they are licensed as they claim. If the firm does not mention a license, it should be avoided, since unregulated companies are very dangerous.

In addition, to get a better idea of FX-Cryptominer, WikiFX also paid a visit to its official website. However, the outcome was disappointed - the website is not accessible any longer.

Without access to the website, we cannot see for ourselves if it holds up to something like industry. As a forex broker, Its shocking that it does not have an official website or even the most basic information available to the public？ Actually, most of investors should be highly vigilant when they see this. Do investors still dare to invest in such platforms that does not even want to display basic information？

Moreover, in order to find out more about Forex Income, WikiFX made an attempt to access the domain tool to learn about the domain information.

It can be found by tracking its website information that its official website domain name is the most recent, registered on June 7th, 2021, just one year ago. And the domain name is expected to have a short life, with an expiration date of June 7th, 2023. It's not hard to see that FX-Cryptominer didn't intend to be in business for long when it was registered. This kind of black platform operation cycle is very short, are fishing run, after all, the new name website cost is very low.

Now let's search “FX-Cryptominer” on WikiFX APP to find out more about this broker. WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.

As you can see, based on information given on WikiFX（https://www.wikifx.com/en/dealer/2833382914.html）, FX-Cryptominer has no valid regulatory license and the score is rather negative - only 1.19/10! WikiFX gives brokers a score from 0 to 10. The higher the score is, the more reliable the broker is.

In a word, it's not wise to invest FX-Cryptominer.We recommend avoiding brokerage firms like FX-Cryptominer and choosing a legitimate brokerage instead. WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed. In addition, scam victims are advised to seek help directly from the local police or a lawyer.

WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!