Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators

Amount resolved within one month(USD)

$99,857

Number of People Resolved

15071

Amount resolved within one month(USD)

$99,857

Number of People Resolved

15071

张伟1242
1-2 years

Resolved

Margin call, sudden margin call, they won't allow withdrawals, even froze the account, and nobody is dealing with it, also there's no any related reply!! They're suspected of scamming, it's a trap.

Cannot withdraw, they even froze the account, it's been half a year and there's no one to liaise with, they've been dragging this on!! Give a clear statement.

Object

PGMPGM

Resolved
Amount $0(USD)

Hong Kong

20h

FX1037327612
3-5 years

Resolved

Alteration in quotes led to the liquidation of my account.

On April 3rd, I simultaneously opened two short positions for spot gold and two long positions for gold futures, keeping my account in a hedged state. On April 7th at 01:06:01 platform time, the price spread between spot gold and its futures was -6, with the futures price at 3025.21. According to these prices, my account wouldn't trigger a forced liquidation. But the platform maliciously altered the quotes - my futures orders got forcefully liquidated at a rate of 2019.93, causing my entire account to be liquidated. When I contacted the platform's customer service about this, they've been dragging their feet and brushing me off.

Object

INFINOXINFINOX

Resolved
Amount $6,200(USD)

Hong Kong

20h

世界直球冠军
Within 1 year

Resolved

I entered the incorrect bank card details (one where money cannot be transferred), yet the customer service still provided me with a successful transfer receipt. This is a huge shock!

Moreover, the branch doesn't even exist.

Object

XMXM

Resolved
Amount $2,000(USD)

Hong Kong

Three days ago

神计庙算
6-10 years

Resolved

The withdrawal is unavailable for 3 weeks. The service paltered with me.

The service keeps paltering with me, while the withdrawal is yet to be received. How long I will await? 50 years?

Object

USGFXUSGFX

Resolved
Amount $300(USD)

Hong Kong

05-30

FX5507625492
Within 1 year

Resolved

At first, there was no slippage. But once they saw you start to win, the slippage became severe.

Garbage platform. Initially, there was no slippage. But once they see you winning, withdrawals slow down. Plus, severe slippage occurs. The variation is small only 0.08-0.2. In high volatility, slippage can go above 30. I have evidence to back my claims, pictures tell the truth.

Object

IC Markets GlobalIC Markets Global

Resolved
Amount $0(USD)

Hong Kong

05-30

FX2371797474
Within 1 year

Resolved

The platform refuses withdrawal

The platform refuses withdrawal, the registration link has been removed, and the website is inaccessible! I request an official response.

Object

GO MarketsGO Markets

Resolved
Amount $44,854(USD)

Hong Kong

05-26

FX2072748312
Within 1 year

Resolved

XM is not allowing withdrawals.

I have $448 in my account number 251095872. XM won't let me use USDT for withdrawal, even though I used USDT for deposit. My bank account has been frozen and is unusable. I've said this many times, but they still don't allow me to use USDT for withdrawal.

Object

XMXM

Resolved
Amount $448(USD)

Hong Kong

05-25

FX1467116328
Within 1 year

Resolved

The shady platform won't let you withdraw profits, everyone be careful ⚠️

The shady platform won't allow you to withdraw money from your first transaction, reaching out to customer service is also futile, they just keep stalling without allowing withdrawals!

Object

VT MarketsVT Markets

Resolved
Amount $559(USD)

Hong Kong

05-25

FX9649315271
6-10 years

Resolved

Forex.com lags, resulting in loss

When I was trading on the Forex.com platform, the platform was lagged and I lost money. On September 8th, when I saw that my account was profitable, I closed the position. The platform also showed that the position was closed successfully, so I exited the platform. The original order was not successfully closed. I quit after the platform showed success before. Finally, the platform forced the liquidation. I contacted the platform customer service many times, and the platform customer service always ignored the answer. It took nearly a month. No answers and solutions have been given yet!

Object

FOREX.comFOREX.com

Resolved
Amount $2,000(USD)

Hong Kong

05-17

FX6505975912
3-5 years

Resolved

Broker is blocking Brazilians' balances, be carefu

I received an email saying (recent high-risk and/or suspicious activity observed in your trading account). This is because the fees are high, the website takes too long to respond and the delay is too long. In short, I just wasted my time and money. I do not recommend it... I want my money back, and then they can block my account and even delete it.

Object

VantageVantage

Resolved
Amount $37(USD)

Brazil

05-17

风一样的男子1
3-5 years

Resolved

Platform crash, no quotes on trading platform, unable to log into backend account, and unable to contact customer service.

All unable to log in, also can't contact customer service, feels so helpless.

Object

ExnessExness

Resolved
Amount $100(USD)

Hong Kong

05-16

duoqinghe
1-2 years

Resolved

Frequent market freezes

Recently, there have been frequent occurrences of market freezes, sometimes lasting for an hour, especially during the US session. Market freeze has occurred several times. During the freeze, the account cannot trade and the website cannot be logged in. It's very disgusting!

Object

ExnessExness

Resolved
Amount $100(USD)

Hong Kong

05-16

FX3826894602
Within 1 year

Resolved

The platform has run away.

Why is the platform not moving? Why, why? Why

Object

ExnessExness

Resolved
Amount $700(USD)

Hong Kong

05-16

FX3933525094
Within 1 year

Resolved

Market freeze

On April 14, 2025, around 22:30 Beijing time, the platform experienced a freeze, resulting in unavailability on both mobile and computer, causing losses. Resolution is demanded.

Object

ExnessExness

Resolved
Amount $100(USD)

Hong Kong

05-16

FX8927036152
Within 1 year

Resolved

Withdrawal Delayed and Unable to Contact Online Customer Service

I submitted a withdrawal request, but I have not received the funds yet. Additionally, I am currently unable to contact online customer service for assistance.

Object

Decode GlobalDecode Global

Resolved
Amount $0(USD)

Finland

05-14

一新
6-10 years

Resolved

Arbitrary leverage adjustment led to a margin call.

Before 3 pm on the 24th, the price of gold fell from around 3023. At that time, the leverage of gold was a thousand times. Meanwhile the bitcoin price was near the day's high. I held short positions in gold, and as the price fell, the net value began to rise. With increasing margin, I also added short positions in Bitcoin. At the same time, I closed a profitable short position in gold. However, while my account value was constantly rising due to the falling gold price, the platform continually increased my used margin. Their reasoning was the recent implementation of floating leverage. I disputed this as my trade time did not fall within the regulated time period. They still applied a hundred-fold leverage to my already established trades (already executed at a thousand-fold leverage). Also, previously during big data times, the leverage would float from a thousand times to a hundred or even less, and change back after five minutes, without affecting the trades already executed with a thousand-fold leverage. Fluctuations of the used margin for my open trades on the 24th led to a significant increase, which is in violation of the platform's margin rules, industry margin rules, and the platform's floating margin time period rules. Despite the fact that the price of gold rose again, the significant increase in used margin forced a margin call on my account. This kind of malicious and irregular operation has damaged the interests of customers and indirectly proved that the platform is an unregulated black platform. Before the margin call, my account balance was over 1100 US dollars, with a net value of over 500 US dollars. Subsequently, the platform hastily issued a notice on the app, announcing the start of margin fluctuations.

Object

WeTradeWeTrade

Resolved
Amount $500(USD)

Hong Kong

05-11

FX1314522873
Within 1 year

Resolved

Unable to withdraw from Vantage

I made a profit on a trade on April 2 and applied for withdrawal on the same day. However, by April 9, only the principal from the trade was received, while the profit has vanished. I tried to contact customer service, but they haven't responded at all.

Object

VantageVantage

Resolved
Amount $64(USD)

Hong Kong

05-11

五月的雪
1-2 years

Resolved

Unwarranted account suspension

In December 2024, after depositing money, I had no transactions throughout the entire month. Yet, the officials stated that some 'malicious event' occurred on December 30th and consequently suspended my account. I can understand if someone used some software or plug-ins for trading and profiting, but my account had zero transactions. So why suspend mine? They're not even allowing me to withdraw my money now, and my emails are being ignored. It's simply a fraud platform.

Object

PGMPGM

Resolved
Amount $15,000(USD)

Hong Kong

05-09

引领者3026
3-5 years

Resolved

The slippage is too severe. Here's a screenshot. How has this platform come to this? The trading environment is really bad.

The slippage is too severe. Here's a screenshot. How has this platform come to this? The trading environment is really bad.

Object

XMXM

Resolved
Amount $226(USD)

Hong Kong

05-09

x
Within 1 year

Resolved

Underhand forced liquidation and extreme slippage in USDNOK transaction.

I was conducting trades in USDNOK during the early hours of a Monday. Without any intervention on my part, all my orders were unexpectedly liquidated, despite my margin being fully sufficient. The liquidation price for my sell orders stood at 11.05 while simultaneously, the buy orders were closed at 10.65, exposing a disparity of more than 4000 points. The broker's actions were nothing short of malicious, enforcing a liquidation with severe slippage, and shamelessly capitalizing on the client's losses. I find this conduct utterly repugnant.

Object

IC Markets GlobalIC Markets Global

Resolved
Amount $2,530(USD)

Hong Kong

05-09

Amount resolved within one month(USD)

$99,857

Accumulative Amount Resolved

$65,382,445(USD)

Number of People Resolved

15,071

Processing Speed(day/case)

37

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