Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators

Amount resolved within one month(USD)

$227,134

Number of People Resolved

15165

Live customer support
Live customer support is not available in this broker and my withdrawal of 200 USD is rejected without quoting any reason
  • Broker

    AssetsFX

  • Exposure Type

    Unable to Withdraw

India

08-12

India

08-12

I don't like this broker
I don't like this broker at all, very bad user interface and large spreads that make me lose my trade
  • Broker

    InstaForex

  • Exposure Type

    Others

United Kingdom

08-12

United Kingdom

08-12

Over the course of three
Over the course of three months, my account balance dropped significantly because of constant slippage on my trades. Even during calm market conditions, my entries and exits were shifted in the broker’s favor, turning winning trades into losses. I have never experienced such consistent manipulation elsewhere
  • Broker

    Kudotrade

  • Exposure Type

    Severe Slippage

United Kingdom

08-12

United Kingdom

08-12

Once you open a trade,
Once you open a trade, the spreads widen like crazy. Not only does it widen after opening but also when price is close to your t.p. I was in a trade which ended up in loss, the trade was supposed to be a winner but after price reached my t.p, the spread widened and the next thing I know price has hit s.l
  • Broker

    Headway

  • Exposure Type

    Scam

India

08-12

India

08-12

Read this people, I want
Read this people, I want to warn you that this broker is going to drain your account with a trade that you didn't executed. My trade always has a stoploss and take profit but this is what happened i close my account that night before i sleep i have only 1 trade but when i open it in the morning the account has gone and there is a order, MARKET ORDER with exactly 88,000 price you know it's hard to achieve that in market order. I tried to contact the customer support to resolve this issue internally and even request a further investigation but it all goes to nothing. JUST AVOID THIS BROKER
  • Broker

    Headway

  • Exposure Type

    Scam

India

08-11

India

08-11

Headway is useless and
Headway is useless and they're a bunch of liars. Nobody should ever use headway as their broker!!! They pretend to have tight spread but they keep stopping you out of your trade even when price didn't get to your SL. This is my 5th trade they took me out on this week even without price getting to my SL They'll entice you with bonuses for every deposit but it's a scam! The bonus don't work they'll just use it to deceive you and before you know it, you'll get stopped out on your trade. The bonus is a scam, it doesn't work!! Don't use headway!!!!!
  • Broker

    Headway

  • Exposure Type

    Scam

India

08-11

India

08-11

Headway's slippage? Seriously
Headway's slippage? Seriously frustrating. You see a perfect entry point, click, and BAM! You're filled at a worse price. It feels like being constantly cheated out of potential profit. It happens way too often, making trading unnecessarily stressful and expensive. I'm looking for a broker who values accurate order execution.
  • Broker

    Headway

  • Exposure Type

    Severe Slippage

India

08-10

India

08-10

Too much spread
This broker is not nice at all, considering how large the spread is, I couldn't even trade for more than 5 minutes before I lost my tradr,Causing me financial losses。
  • Broker

    InstaForex

  • Exposure Type

    Others

United Kingdom

08-10

United Kingdom

08-10

Skyline trading will eat your all Money. big scam
From June 3 until July 1, I received numerous calls and messages from Afsal +971 56 948 6224 and Rizwan +971 56 553 8486. Despite my repeated expressions of disinterest, they continued to call, assuring me of their support and the success I could achieve with Skyline Trading. I felt pressured to join. According to Rizwan, I initially paid $1,000 and was assigned a Relationship Manager (RM), Ahmed Zyadh +971 52 813 6891. He continually reassured me of a 100% guarantee on my investments, which led me to deposit 10000 dollars under the premise that I could withdraw it within a week. However, he instructed me to open numerous trades with high buy and sell amounts. As doubts began to creep in, I communicated my concerns to him, but he insisted everything was fine, claiming some trades were profitable. Unfortunately, by Thursday night, all my trades had resulted in losses, and he requested an immediate recovery payment of $3,900, which I paid. After that, Ahmed Zyadh stopped responding, an
  • Broker

    Skyline

  • Exposure Type

    Scam

United Arab Emirates

08-09

United Arab Emirates

08-09

Signed up for a reduced
Signed up for a reduced price trial for three months and forgot to cancel. They charged me almost $100 for another three months subscription with zero communication until afterwards, and refuse to give me a refund. The App itself might be ok, but customer Not a good experience ! The overall process with pay is not great and cannot be equally yoked on par with SPACE BANK service is appalling. Be wary of so called free or reduced price trials. Very expensive, not worth the cost of getting caught out, and terrible customer service.
  • Broker

    Headway

  • Exposure Type

    Scam

India

08-09

India

08-09

I'll never believe JustMarkets
I'll never believe JustMarkets again! I requested a $3,500 withdrawal, and the platform first said "system maintenance." After waiting three days, they said "account information doesn't match bank card." Customer service asked me to re-link my account, but after I did, they said "requires review within 7 business days." I called customer service no less than 10 times during this time. After finally getting it approved, my withdrawal was stuck in the "pending" status. Customer service even said "the system shows the funds have been received," but my bank card hadn't received any movement. After a lengthy argument, they finally admitted the "failed to process" and I received a text message saying "account frozen due to inactivity." I clearly place trades every week! This platform is deliberately delaying payments. Their customer service is completely useless. Expose this platform now and shut it down. Stop scamming people!
  • Broker

    JustMarkets

  • Exposure Type

    Unable to Withdraw

Thailand

08-09

Thailand

08-09

I'm so pissed off by
I'm so pissed off by UltimaMarkets! I needed my money urgently, but the approval process is insane. First, they said my ID photo was blurry, so I had to retake it three times before it was approved. Then they asked for bank statements, which I had already submitted when I opened the account, but customer service said "system updates require re-approval." This back-and-forth lasted five days. Finally, it was approved, but they said "withdrawal process maintenance" and I had to wait three business days. After a week, my money still hadn't arrived. I called customer service, but they kept telling me to "be patient," and then they stopped answering. they inexplicably charged me a $200 "expedited processing fee." This is pure rip-off! From start to finish, customer service never resolved my issue and only offered empty rhetoric. I'll never use them again!
  • Broker

    Ultima Markets

  • Exposure Type

    Others

Laos

08-09

Laos

08-09

Pending amount, severe Slippage, scam etc
No payment, no customer service, suspicious software
  • Broker

    AAA Trade

  • Exposure Type

    Unable to Withdraw

India

08-08

India

08-08

Sydney FX SCAM
SYDNEY FX - MELBOURNE FX SCAM ALERT - WARNING Do Not Engage ***SCAM*** Even ASIC advises SCAM. This is my experience. From: DAVIDGOLDRONSILVERMICHAELGREEN Sent: Thursday, 20 February 2025 4:35 PM To: SydneyFX WARNING GHOST PLATFORM-THE TRADING PLATFORM ISN'T REAL.SCAM PLEASE READ NEGATIVE REVIEW IN WWW.PRODUCTREVIEW.COM.AU Buzza08 SCAMMING PEOPLE IN UK TOO. TRUTH IS OUT THERE - DO NOT TRUST GOLDSILVERGREEN I can confidently tell you that Sydney FX and Melbourne FX are a SCAM.. WARNING SCAM ALERT - NEVER TRUST GOLD, SILVER and GREEN. 100% - Promised everything - delivered nothing. David Gold (Fake Name) sabotaged my Trading Account. Deliberately disabled. Ron Silver (Fake Name) Sydney FX - Melbourne FX are parasite's. DO NOT SIGN BONUS AGREEMENTS. DO NOT THINK THAT THIS IS A LEGITIMATE TRADINGPLATFORM.SCAM. Sydney FX do not APPROVE Withdrawls. My $341Kusd still at pending.
  • Broker

    SydneyFX

  • Exposure Type

    Scam

Australia

08-08

Australia

08-08

Serious slippage,Causing me financial losses
Serious slippage"Seriously shady stuff going on at Headway. They actually “changed” my trades after they were already open! Causing me financial losses。That's messed up. I don't trust a broker who messes with my positions after the fact. It feels like they're rigging the game, and I'm taking my money somewhere else. Headway? More like Headache."
  • Broker

    Headway

  • Exposure Type

    Severe Slippage

India

08-08

India

08-08

🚨 WARNING: INEFEX / INEFEX IS A SCAM 🚨
I lost over $11,000 to this fake trading platform. This is not a legitimate trading company. They operate with fraudulent tactics: • First, they lure you with fake profits. • Then, their so-called “account managers” force you to deposit more.
  • Broker

    Inefex

  • Exposure Type

    Scam

Pakistan

08-07

Pakistan

08-07

Deposit didn't arrive in my account
Please stay away from this broker, I made for a while now and I wasn't credited, my funds did not arrive
  • Broker

    Grand Capital

  • Exposure Type

    Scam

India

08-07

India

08-07

Broker deducted from my deposit fund
I made a $10 deposit to this broker and I was deducted from it. the deposit wasn't complete. this is ridiculous and no broker is doing this. This is fraud and a scam
  • Broker

    Grand Capital

  • Exposure Type

    Scam

India

08-07

India

08-07

While I understand that
While I understand that market conditions can be volatile at times, the significant difference between the buy and sell price seems excessive. This discrepancy has made it nearly impossible to achieve profitability and has resulted in financial losses on my end. I believe a more balanced spread would contribute to a fairer trading environment for all participants."
  • Broker

    FIBO Group

  • Exposure Type

    Severe Slippage

Belgium

08-07

Belgium

08-07

severe slippage
I have been using this broker for over a year and I didn't have issues until recently when my account was almost wiped out due to large gap in price difference I lost my capital and I can say this broker is not to be trusted
  • Broker

    FIBO Group

  • Exposure Type

    Severe Slippage

Belgium

08-07

Belgium

08-07

Exposure

Unable to Withdraw

Severe Slippage

Scam

Others

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Amount resolved within one month(USD)

$227,134

Number of People Resolved

15165

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