WikiFX Genealogy | Know the DNA of Your FX Broker

As many would have known by now, WikiFX is a global forex broker regulatory query platform that holds verified information of over 36,000 forex brokers while working hand-in-hand with 30 national regulatory bodies throughout the globe. Moreover, WikiFX also serves as the mediator that attends to trading clients' complaints, investigates, and attempts to find a middle ground solution to resolve disputes.

Therefore, suffice to say that WikiFX is your one-stop solution to all broker-related inquiries.

In today's article, WikiFX would like to introduce a function that is often overlooked by many. If you have not downloaded the free WikiFX mobile app, please feel free to do so on Google Play or App Store, because there is nothing you could lose.

Pull up any forex broker's profile by looking up its name in the search bar. To illustrate this in a straightforward manner, we would be using Rakuten Securities Australia as an example in today's article.

This is the profile of Rakuten Securities Australia on WikiFX's mobile app:

From here, you can easily see that Rakuten Securities Australia is a high-scored forex broker according to the evaluation and standard of WikiFX. It possesses valid licenses, is regulated by authority bodies, and has a legitimate office at its registered address.

Scroll down to find the word “Genealogy” as shown by the red arrow:

This chart shows all the relevant information about Rakuten Securities Australia.

For example, we could see that Rakutenforex is a clone company that is trying to imitate Rakuten Securities Australia. Therefore, users should be aware of this company.

As Rakuten Securities Australia is a highly regulated forex broker that is reputable and established within the industry, it does not have any dirt that is shown through this chart. WikiFX uses our specialized software and database to compute such a chart to enable users to see everything at a glimpse.

Researching forex brokers used to be an overwhelming and time-consuming task, but it ends here with the existence of WikiFX.