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Abstract:As the world's leading third-party forex industry information service platform, WikiFX has always been committed to making forex investment simpler and safer with advanced technology. To better fulfill its corporate mission, WikiFX initiated Forex Rights Protection Day, which was a complete success.
As the world's leading third-party forex industry information service platform, WikiFX has always been committed to making forex investment simpler and safer with advanced technology. To better fulfill its corporate mission, WikiFX initiated Forex Rights Protection Day, which was a complete success.
This event covered over 180 countries and regions worldwide, attracting more than 200,000 active participants and interactions. Currently, over 5,000 complete pieces of evidence have been successfully collected, exposing over 300 illegal platforms and helping users successfully recover a total of $764,365 in defrauded funds.
These remarkable achievements not only demonstrate WikiFX's determination and efforts in safeguarding the safety and stability of the forex market but also provide valuable rights protection experience and reference for investors.
Global Illegal Platform Rankings
English-speaking Regions Illegal Platform Rankings
In recent years, with the rapid development of the forex market, the attractiveness of forex investment trading has been increasing. More and more users are participating, and exploring this investment field full of opportunities and challenges together. This trend not only highlights investors' desire for diversified investment channels but also underscores the importance of the forex trading market globally. However, as the market continues to expand, ensuring the safety and transparency of transactions has become a common focus. Against this backdrop, the Forex Rights Protection Day event initiated by WikiFX aims to expose illegal platforms and, at the same time, strive to help investors recover defrauded funds.
Leveraging massive data accumulation and advanced financial technology, WikiFX is committed to providing accurate and comprehensive forex broker information verification services for global investors. To date, we have served more than 21 million users in over 180 countries and regions worldwide. In addition, WikiFX also provides a platform for information exchange, enabling investors to stay informed about market dynamics and share trading experiences in a timely manner.
WikiFX sincerely appreciates the warm support and trust from global users for this event. Looking ahead, WikiFX will continue to deepen information security services, continuously advancing to help create a safe and stable forex market environment and providing investors with more comprehensive and in-depth rights protection.
Choose WikiFX for trading brokers, making forex investment safer!
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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.
Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.
Novatech FX Ltd. (“Novatech”), founded in 2019, was registered in St. Vincent and the Grenadines, a jurisdiction known for its minimal regulations and booming unlicensed brokers. NovaTech, which said it was a leading forex and crypto trading platform, claimed to have its own trading software with deep liquidity. Mostly active from 2020 to 2023, they attracted investors by promising monthly returns of 3% to 5%. Accusing them of a $600 million investment fraud, the SEC filed charges on August 12, 2024, against NovaTech FX, Cynthia and Eddy Petion, and several promoters.
Maxxi Markets is a forex broker founded in Comoros that offers traders access to a diverse range of financial instruments. With product offerings spanning commodities, forex, indices, metals, cryptocurrencies, and bonds, the broker caters to a wide spectrum of trading interests. Backed by the Mwali International Services Authority (MISA) under an offshore Retail Forex License (license number T2023425), Maxxi Markets combines innovative technology with varied account options to serve both novice and experienced traders.
Selecting the right forex broker can make the difference between trading success and frustration for most investors, especially retail investors. As retail traders gain unprecedented access to global markets, the choice between platforms like JustForex and JustMarkets becomes increasingly significant. Both brokers offer some shining features within the forex and CFD trading space, but their approaches differ in some areas.