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WikiFX

Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

FX-TRADING

South Korea South Korea | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

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Website

Rating Index

Influence

Influence

C

Influence index NO.1

Russia Russia 3.46
Surpassed 15.80% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

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The WikiFX Score of this broker is reduced because of too many complaints!

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
South Korea
Operating Period
5-10 years
Company Name
FXTRADING CORPORATION
Customer Service Email Address
support@fxtradingcorp.com
Company Website
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阿白26575

阿白26575

Unverified

Hong Kong

I only received a small portion of the money on November 20th, 22 times less than the deposit. Now my account is disabled. All my emails has been returned. IS it ready to abscond?

Exposure

阿白26575

阿白26575

Unverified

Hong Kong

Only a little withdrawal was available until November 20th. The account is disabled! The email was rejected! It seems to abscond!

Exposure

阿白26575

阿白26575

Unverified

Hong Kong

The account has been disabled for months. They didn’t reply to my email, but continued to cheat, inducing common person to but their “Currency”.

Exposure

Tiny Princess

Tiny Princess

Unverified

Spain

The minimum investment for FX-TRADING is $100, which is low compared to most other traders. But the lack of supervision of the company and the comments about the alleged fraud of the trader have made me cautious.

Neutral

Neutral

阿白26575

阿白26575

Unverified

Hong Kong

I can’t find this company for nearly a year. It’s gone, let alone my principal. And I can’t send my letter to them.

Exposure

eddet

eddet

Unverified

Philippines

i invested 200 dollars in Bitpay to a certain stephen pair his user name ,they asked me to pay 200 dollars for registration fee,then he told me that it profited 10000 dollars,he asked me to pay 300 dollars for withdrawal fee,after that he asked me again to pay 300 for the reflection fee,why are there so many hidden fees?aren’t he a scammer?

Exposure

阿白26575

阿白26575

Unverified

Hong Kong

The website has been disabled. My fund is doomed.

Exposure

阿白26575

阿白26575

Unverified

Hong Kong

The withdrawal is unavailable since the platform has absconded.

Exposure

阿白26575

阿白26575

Unverified

Hong Kong

Both the website and hard-earned money are missing.

Exposure

雅丽莉

雅丽莉

Unverified

Hong Kong

The company is out of operation.I want take back my fund,but they hang up everyday.They may be transferring fund.Why doesn't the company refund the money?

Exposure

10
Biz Area
Company Summary
Disclosure
Wiki Q&A
Comment

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Company Profile

Company Profile

Review summary

Note: FX-TRADING's official website - https://www.fxtradingcorp.com/ is currently inaccessible normally.

FX-TRADING Review Summary
Founded2018
Registered Country/RegionSouth Korea
RegulationNo Regulation
Market InstrumentsForex, cryptocurrencies, etc.
Demo Account/
Leverage/
Spread/
Trading Platform/
Min Deposit$100
Customer SupportEmail: support@fxtradingcorp.com
Facebook

FX-TRADING is an unregulated cryptocurrency investment platform based in South Korea that alleges to offer high-profit products to its investors. However, its official website is inaccessible, leading to strong allegations of fraudulent activity.

FX-TRADING

Pros and Cons

Pros Cons
/Non-functional website
No regulation
Lack of transparency
Limited tradable asset classes
Only email support

Is FX-TRADING Legit?

No license

At present, FX-TRADING lacks valid regulation. Its domain was registered on July 24, 2018, and the current status is “client Delete Prohibited, client Renew Prohibited, client Transfer Prohibited, client Update Prohibited”. We advise you to choose other regulated brokers instead.

Domain information

Investment Plan

It offers high-profit potential, claiming to provide 1% - 2.5% of daily passive income for 200 days with an investment of at least $100. Total projected returns, including profit and capital, are as high as 400%. However, a withdrawal fee of 5% is charged.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

What is the regulatory status and risk profile of FX-TRADING?

FXTRADING CORPORATION operates without a valid forex trading license from any recognized global financial authority. Its WikiFX Score of 1.58 reflects a profile dominated by business infrastructure with no available rating for risk control, indicating an entity that lacks credible regulatory oversight.

Yesterday 14:40
United States

Is FX-TRADING suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose FX-TRADING or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

Yesterday 14:40
United States

What essential information should I know before trading with FX-TRADING?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

Yesterday 14:40
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Yesterday 16:02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Yesterday 16:02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Yesterday 16:02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Yesterday 16:02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

Yesterday 16:02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com