SogoTrade Fined $75K Amid Compliance Failures
FINRA fines SogoTrade $75,000 for market access control failures as TopFX advances synthetic indices trading and 24/7 multi-asset solutions.
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Abstract:Do you constantly face withdrawal denials by Zetradex? Does the forex broker keep freezing your account and wiping out your capital? Have you also undergone issues concerning the Zetradex no deposit bonus? These trading issues have become apparent as the forex broker allegedly scams traders all over. In this Zetradex review article, we have demonstrated some complaints. Read them to get a feel of what happens to traders here.

Do you constantly face withdrawal denials by Zetradex? Does the forex broker keep freezing your account and wiping out your capital? Have you also undergone issues concerning the Zetradex no deposit bonus? These trading issues have become apparent as the forex broker allegedly scams traders all over. In this Zetradex review article, we have demonstrated some complaints. Read them to get a feel of what happens to traders here.
Traders frequently complain that Zetradex just refuses withdrawal access to them. They often make profits, which are only visible on the Zetradex login. Seemingly frustrated by the lingering withdrawal issue, a user commented this while sharing this review of Zetradex.

Traders also complain about frequent trading account freezes and the subsequent capital scams made by the forex broker. The complaint represents a serious nature, so we have highlighted this in our Zetradex review, where the trader had resorted to legal means to recover the stuck capital.

A trader reported having deposited $1,000 via crypto. However, as the trader came to know that there is no Zetradex MT5 or MT4, he applied for withdrawals worth $968. The trader could not receive withdrawal access, as the broker rejected it. This made the trader share the Zetradex review through these words.

Traders raise another serious trading issue, which reflects the dubious approach adopted by Zetradex. According to a claim, the trader accused the broker of disallowing its clients from withdrawing profits. The broker only cancels the profits made but does not do so for losses. Also, when traders earn profits, the broker is quick to point out bonus rule breaches. However, during losses, there are no such restrictions. To know more about this trading issue, check the complaint screenshot below.

The dubious approach concerning profit withdrawals & cancellation, along with several other complaints, made the WikiFX team introspect the broker. To find the root cause of these issues, the team investigated Zetradex's regulatory status. The status emerged as - NO License - explaining the financial mess traders have experienced here. The score is thus extremely low at 1.35 out of 10. This answers your query - Is Zetradex real or fake or Is Zetradex legit - whichever way you may be typing your query with.
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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.

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