Abstract:Victim Patience found the website of Iqmetaforex was closed by the department of justice of New York and the United States Global Illicit Financial Team. Then the victim tried to check her account status through the broker’s trading App. Surprisingly, her trading account was blocked by the broker and her deposit was also frozen.

Victim Patience found the website of Iqmetaforex was closed by the department of justice of New York and the United States Global Illicit Financial Team. Then the victim tried to check her account status through the brokers trading App. Surprisingly, her trading account was blocked by the broker and her deposit was also frozen.

The victim got to know the broker Iqmetaforex by the introduction of Celiwe Grace Khoza, who promised to teach her everything about forex trading and required 10% of her profits as a commission. The victim agreed and made a deposit on the 10th of November in 2020. Unfortunately she failed to receive her money after submitting a withdrawal application. Khoza said that the company was under maintenance, which may last for 9 days. At this moment the victim realized that this was a scam.


Iqmetaforex is an illegal broker without regulatory status with 1.01 out of 10 WikiFX score. We recommend that forex investors should check the background of brokers before starting forex trading.


Declaration: The evidences in WikiFX exposure articles are verified via the following processes:
1: Evidence Collection: chatting records, trading records, banking transaction records, and video recordings from the victim.
2: These evidences will be evaluated and verified by the experts who have been working in the Forex industry for many years.
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