Abstract：Earning profits from your trade made through Fintokei, but getting blocked by the broker? Is Profit capping regular at Fintokei? Facing harsh trading conditions and not getting the right customer support service? It seems you are heading toward a potential forex trading scam. Our fear stems from numerous complaints made against this broker on several review platforms. Take a look at some reviews shared in this article.
Earning profits from your trade made through Fintokei, but getting blocked by the broker? Is Profit capping regular at Fintokei? Facing harsh trading conditions and not getting the right customer support service? It seems you are heading toward a potential forex trading scam. Our fear stems from numerous complaints made against this broker on several review platforms. Take a look at some reviews shared in this article.
Top Complaints Against Fintokei
Profitable Traders See Account Closure
Fintokei has gained a reputation for blocking profitable traders from accessing their funds. It often closes their accounts, leaving them concerned over capital safety. The screenshot below showcases this concern.
Evaluation Fee & Account Restrictions
Evaluating trading accounts remains regular with prop trading firms such as Fintokei. Whats more, traders need to pay the evaluation fee. If that does not remain enough, Fintokei imposes restrictions on trading accounts that do not go down well with traders. Here is a screenshot explaining the pain of a trader.
Scam Fear Runs Among Traders
Blocking profitable traders is a sign of a scam that even traders understand. They fear Fintokei running away with their funds. A trader recently expressed fear on a review platform, the screenshot of which is shared below.
Lack of Clarity on Trade Risk
Traders, despite being confirmed by the broker officials about the trade risk extent, receive emails that restrict them from trading big. One trader admitted that the official allowed him to risk 3-4% per trade. However, in real-time, the trader received an email prohibiting him from risking more than 3%. The trader would not have bought a trading account if this was conveyed to him earlier. Here is what the trader said.
How Much Score Does Fintokei Receive from WikiFX?
The biggest problem with Fintokei is that it is not a licensed broker. So, the scam allegations and operational concerns raised by traders do not surprise us at WikiFX. The trading risks remain elevated with unregulated forex brokers such as Fintokei. The WikiFX team has thus given it a score of just 1.31 out of 10.
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