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WikiFX Review: Is it safe to invest with a broker called STC Trade?

Exposure Articles Summary Last Week (24th October-30th October)

WikiFX

| 2022-10-31

Abstract：Last week (24th October to 30th October), WikiFX exposed a series of brokers based on the evidence we gathered. This article is going to summarize the exposure articles we posted last week.

Case 1: MultiBank Group

Last week, WikiFX exposed the MultiBank Group to the public as MultiBank Group blocks withdrawal requests. Check the articles below so you dont miss the details.

www.wikifx.com/en/newsdetail/202210246184529713.html

MultiBank Group lashed back at WikiFX as WikIFX airs its dirty laundry to the public.

www.wikifx.com/en/newsdetail/202210262844577910.html

WikiFX found no office at the address of MultiBank Group in Kuala Lumpur, which raises concerns about its reliability.

www.wikifx.com/en/newsdetail/202210276704537553.html

MultiBank Group lands in Malaysia.

www.wikifx.com/en/newsdetail/202210253174343853.html

Case 2: Tedex

Tedex is another notorious broker taking clients money away fraudulently and even put forward unacceptable demands.

www.wikifx.com/en/newsdetail/202210272084432653.html

Case 3: FVP Trade

Many of you may understand FVP Trade well as WikiFX has made a lot of reports about this broker. SITI (Italian investment and savings protection association) is preparing a collective redress (Class Action) against this broker and is calling on investors to provide more evidence.

www.wikifx.com/en/newsdetail/202210269454995104.html

Conclusion

MultiBank Group, Tedex, and FVP Trade all are considered scams. They block clients withdrawal requests which cause massive financial losses to investors. We advise people to be aware of these brokers.

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.

Forex trading Forex Broker Scam Alert

WikiFX Review: Is it safe to invest with a broker called STC Trade?

Related broker

Many customer complaints

MultiBank Group

MEX Group Worldwide Limited

https://www.multibankgroup.com/en

2.54

Score

10-15 yearsRegulated in AustraliaRegulated in CyprusRegulated in United Arab EmiratesRegulated in SingaporeRegulated in The Virgin IslandsRegulated in Cayman IslandsRegulated in VanuatuMarket Making License (MM)Forex Execution License (STP)Forex Trading License (EP)Derivatives Trading License (EP)MT4 Full LicenseMT5 Full LicenseRegional BrokersHigh potential riskOffshore Regulated

2.54

Score

SolisMarkets Scam Review: Withdrawal Blocks & Poor Support Exposed

SolisMarkets traders report blocked withdrawals, ignored support, and suspicious regulations. Read this WikiFX scam review before investing.

Original22m

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When choosing a broker, the most important question is: "Is my broker properly regulated and is my capital safe?" For Xlibre, the answer is straightforward but worrying. Based on detailed research from independent global regulatory checking platforms, Xlibre is not regulated by any major financial authority. This article looks at the main issues around Xlibre Regulation status, or more correctly, the lack of it. We will examine the truth behind the claimed Xlibre License and explain why its business setup has high-risk warning signs such as a "Suspicious Regulatory License" and very low trust scores from auditors. The goal of this research is to give a clear, fact-based analysis of Xlibre's company registration, its claims, and the real risks these create for traders' capital. While this article provides a detailed analysis, regulations can change. Traders should always check the most current information before working with any broker. You can find the detailed verification report for

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Angel One Exposure Review: Low Score & Unregulated Forex Broker Risks

Angel One WikiFX score 1.57: Unregulated broker flagged with risk alerts. No listed complaints, but risks of withdrawal issues and forex scams remain.

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Is Xlibre Legit? A Complete Investigation into Scam Claims and Warning Signs

Let's answer the main question right away: Is Xlibre a safe and trustworthy broker for traders? After carefully reviewing how it operates and checking its legal status, our answer is a clear no. We strongly advise against using Xlibre for trading. Our research shows that this company operates without proper financial oversight, has multiple serious warning signs, and faces complaints from users who claim the company has acted dishonestly with their funds. This decision isn't based on personal opinions but on facts we can verify. We used information from global broker research platforms such as WikiFX. These services help protect traders by collecting information about regulations, user experiences, and expert reviews in an easy-to-understand format. Before you invest in any broker, you should always check its status on one of these platforms. You can see all the information about Xlibre yourself on the Xlibre WikiFX page.

Original1h