Global Broker Regulation Inquiry App
WikiFX
Broker Search
English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

Download

Brothers, be careful, FXTM lacks serious regulation, and internal processing can result in confiscation of client account funds and account closure.

Exposure

Regular and strictly regulated financial institutions usually have strict procedures when dealing with client funds, especially when it comes to punitive measures such as fines and confiscation. Clear evidence of violations, advance notice to clients, providing clients with the opportunity to appeal and defend themselves, and ultimately ruling by an independent third party (such as a regulatory body or arbitration institution). It is extremely abnormal to impose penalties solely based on "internal professional team review" as it lacks transparency and fairness. "Confiscation and account closure" is a mandatory legal or administrative enforcement action, usually made by a court or specific regulatory body in accordance with the law. A commercial company typically does not have the authority to "confiscate" a citizen's legitimate property. A responsible platform should have a clear regulatory framework and appeal channel for all its operations, especially those involving penalizing clients. If a platform cannot provide clear terms and procedures recognized by regulatory authorities as the basis for its actions, then the legality of its actions is seriously questionable. A regulated platform's actions must be based on law and regulations, not on some nonsense "professional review" by an internal team. FXTM lacks serious regulation, handles client accounts internally, violates laws, and now pretends to be innocent, refusing to accept complaints. Who is a financial lawyer that I can entrust?

Original

兄弟们小心,富拓FXTM严重缺乏监管,内部处理就可以没收客户账户资金加销户

正规的、受严格监管的金融机构在处理客户资金,尤其是涉及罚款、没收等惩罚性措施时,通常有严格的程序。清晰的违规证据、提前通知客户、给予客户申诉和辩解的机会、以及最终由独立的第三方(如监管机构或仲裁机构)进行裁决。仅凭“内部专业团队审核”就执行处罚,缺乏透明度和公正性,是极不正常的。“没收销户”是一个具有强制性的法律或行政执法行为,通常由法院或特定监管机构依法作出一个商业公司通常不具备“没收”公民合法财产的权限。一个负责任的平台,其所有操作,尤其是涉及处罚客户的操作,都应有明确的监管框架和申诉渠道。如果平台无法提供其行为所依据的、被监管机构认可的明确条款和程序,那么其行为的合法性就存在严重疑问。一个受监管的平台其行为必须有法可依、有章可循,而不是依靠内部团队的什么狗屁专业审核。FXTM富拓严重缺乏监管,对客户账户自行内部处理,严重违法,现在装孙子,不管复不接受投诉。

Hong Kong

Others

Most Comments of the Week

  • INZO

  • OXShare

  • XTB

  • VITTAVERSE

    4
  • GLOBAL GOLD & CURRENCY CORPORATION

    5
  • MultiBank Group

    6
  • Invidiatrade

    7
  • Plus500

    8
  • Skyriss

    9
  • StoicFX

    10

To view more

Please download WikiFX APP

Select Country/Region
United States
※ 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