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Abstract:Brokers in the forex market act as intermediaries between traders and the financial market. They provide a platform for individuals and institutions to buy and sell currencies. But what If this intermediary commits fraud against you? This is what brokers are doing nowadays. You cannot totally believe them.
Brokers in the forex market act as intermediaries between traders and the financial market. They provide a platform for individuals and institutions to buy and sell currencies. But what If this intermediary commits fraud against you? This is what brokers are doing nowadays. You cannot totally believe them.
A user from India, Kanheya Lal, Lodged a complaint against Fine Capital on August 12, 2023, regarding the withdrawal issue on Wikifx and asked for help. A user has been trading with this broker since last year. He told us that this is the first time he is facing a Withdrawal issue with Fine Capitals. The complainant wrote in his complaint, 'I don't receive my fund. A withdrawal request was sent for a $1005 USD Withdrawal on August 9 with order ID 11331379. I have sent a request for withdrawal in India to a local vendor but got No response.
The user sent us some screenshots of his chatting with the local vendor, where the vendor asks the user to wait and assures him that the broker will send the fund to the victim. Later, the local vendor alleges to the victim that he filled out the payout incorrectly. “I contacted customer support and emailed them, but they are not responding”, the victim added. After waiting and talking with the local vendor, The user also filed a complaint against Fine Capitals in the cyber cell of India.
About Fine Capitals
Fine Capitals is a UK-registered online forex broker. It is established in 2022, boasting of offering clients access to massive financial markets such as forex, spot metals, energies, and indices. Fine Capitals is the trading name of fine capital ltd, a company incorporated in the United Kingdom as limited liability company number 13120655, with its registered office at 20-22 Wenlock road, London, n17gu, England. Fine Capitals is a financial broker that operates without current regulation, which makes it a risky option for investors.
Wikifx is a platform that can help you in various ways. It provides you with information on forex brokers and their services, allowing you to compare and choose the best one for your needs. Additionally, You can also file a complaint against any broker on this platform. Wikifx, indeed is a valuable tool for both novice and experienced traders. Download Wikifx app on your phones. Here is the Link to the download: https://www.wikifx.com/en/download.html
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.