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117WikiFX Blackmails Brokers and Writes Fake Reviews
If you have ever been interested in trading, you must have come across WikiFX. WikiFX positions itself as a "global forex broker regulatory inquiry app." What an ego for a company that is actually a scam! But first things first.
What is WikiFX?
WikiFX is a "third-party service provider for users to inquire whether a broker is formal, legal, and real." This is what they write in the description. WikiFX specializes in checking a broker’s licenses and regulations and collecting users’ reviews about brokers.
However, we have proof that will convince you not to trust WikiFX. After a short research, I found messages on a popular American forum where people claim they have become victims of it. They say that WikiFX spreads false reviews and false information on its website and blackmails brokers after that.
WikiFX: Origins, Goals, and Ways to Fight Competitors
WikiFX is a Chinese company aiming to protect their national platforms and get rid of the competitors. WikiFX works mainly in South East Asian countries: Thailand, Vietnam, China, Philippines, Indonesia, etc. On their website, they mark brokers not regulated and suspicious. Then their managers blackmail brokers via Skype, LinkedIn, and email.
Their main offer is to buy a classic package that costs a minimum of $3000 per month, and only after that, they will give you a clear and nice review. If brokers don't pay, the negative reviews will be written non-stop.
Case 1. WikiFX Requires Money to Stop Writing Fake Reviews
One anonymous shared with me screenshots of his conversation with WikiFX managers. WikiFX published info about the broker without any permission and linked there some negative comments. After that, WikiFX managers contacted him several times via different social media. First of all, don’t you guys think that if you position yourself as a reliable broker reviewer, you should use the correct English language?
WikiFX managers advertise their services to brokers
As we can see, the manager is trying to convince our anonymous to promote his company on the WikiFX website. He replies that he is not interested in it, and guess what comes next? WikiFX publishes information about the broker on its website with unexpectedly low ratings. When they were asked why this happened and how can the problem be solved, WikiFX managers replied:
WikiFX is asking for money to fix the rating on their website
Very interesting. So, to remove bad reviews and increase an overall rating on WikiFX, we need to pay money. Do you want to know how much brokers need to pay monthly to get positive feedback from WikiFX? Check it out:
Price for getting into the top-ratings of WikiFX
The first place in the rating costs $7000 per month in one region. If the broker works in several regions, they need to pay $7000 per each. However, this will bring them to the top of the rating. Not their actual reviews, regulations, licenses – all of those are not important for WikiFX. Only money is essential, and only money can bring the broker to the top, no matter if it's legitimate or not.
Case 2. WikiFX Gives Low Ratings Lying That Brokers Don’t Have a License
Let’s check a different example and take a random broker from their list. Nomura Holdings is a Japanese financial titan that has been on the market for almost one hundred years. Let’s check what WikiFX tells us about them:
A low rating for Nomura saying they have no license (although they do have it)
The thing that catches attention first is that Nomura has no license. However, after a quick Google research, we can see that they do have a license. It means that WikiFX purposely cut off some points from Nomura's rating, expecting them to pay to increase their overall score. But let's be honest: the company with such history and name will never pay attention to miserable scammers trying to make a fortune on a famous brand.
Case 3. WikiFX Carries Out Fake Investigations to Earn Money
Another example that will prove that WikiFX is a scam is a situation with an Indonesian forex broker, Finex. WikiFX published an article about their visit to Finex's office in Indonesia. They said that Finex is not legitimate, and their office doesn't exist in real life. However, I contacted Finex representatives, and guess what? They told me that WikiFX came to some Greek office that has never been connected with Finex, took photos of it, and wrote a fake review! And now, WikiFX gives Finex low ratings and warns users to stay away from it.
A low rating of Finex based on the fake investigation by WikiFX
Conclusion
Overall, WikiFX is a scam review website that tries to earn on brokers by giving fake reviews, ratings and spreading false information. If brokers don't agree on WikiFX conditions, WikiFX tries to receive money through the Internet extortion and blackmail. Please, do not believe the ratings that WikiFX creates on its website. They are all fake and are bought by those who do not mind spending money on such useless services as WikiFX. Today brokers buy a fake rating, but tomorrow they will be out of business. The day after tomorrow, they can run a new business, but no one will return the traders' money.
And in the end, some advice. You don't need WikiFX or other review websites to understand if the broker is legitimate. All you need to do is check the licenses and regulations, see if those regulations work in your country of presence, and if you have any questions left, you need to contact customer support service. I wish you good luck during your trading and not believe the websites that extort others to get money.
Comments
Broker
2021-03-23 14:33:41
Chinese mafia...
Linda Robertson
2022-04-04 00:47:51
Kindly contact james group on WhatsApp (+15717108362) they will guide you on steps how to recover your funds
Jack Taylor
2022-07-17 18:27:54
Ever since my last experience with a fake online investment company where i invested the total amount of $130k worth of BTC, in order to be in the company monthly payroll and make some interest, little did i know that i was dealing with a fraudulent company, when it was time for me to make withdrawal i was being restricted from doing so even when i can still read my money from dashboard, i got really depressed about this I almost gave up on life cause I felt it is over i was dying inside till I eventually opened up to a friend who referred me to a hacker who he claimed was able to recover my lost money, at first I was skeptical about it cause we all know once you give out your seed phrase out nothing can be done to recover your money…well after several days of debating within myself I decided to give it a try and to my greatest surprise he was able to recover my money within three days. I was so happy, thank you so much Zion Romero, it will be selfish of me if I don’t refer this hacker to you…contact him REMOTESPYTECH (@) GMAIL,C0M.. He’s the real deal, he was able to remotely hack, track and monitor my suspected cheating partner’s phone and other mobile devices. Email: REMOTESPYTECH (@) GMAIL,C0M WhatsApp: +56 9 3129 3092 Best Regards Excellent Tech Team
DANIEL RAY
2022-07-25 17:57:43
BITCOIN RECOVERY IS VERY MUCH REAL, AM A LIVING TESTIMONY!!!! I was actually fooled and scammed over ( $753,000 ) by someone I trusted with my funds through a transaction we did and I feel so disappointed and hurt knowing that someone can steal from you without remorse after trusting them, so I started searching for help legally to recover my stolen funds and came across a lot of Testimonials about Mr. Morris Gray, an agent who helps in recovery lost funds, which I can tell has helped so many people who had contacted him regarding such issues and without a questionable doubt their funds was returned back to their wallet in a very short space of time, it took the expert 48hours to help me recover my funds and the best part of it all was that the scammers was actually located and arrested by local authorities in his region which was very relieving. Hope this helps as many people who have lost their hard earn money to scammers out of trust, you can reach him through the link below for help to recover your scammed funds and thank me later. Email Address: MorrisGray830 AT Gmail DOT com Or WhatsApp: + 1 (607) 698-0239.....
Usman Ibrahim ali
2021-07-31 16:46:17
I'm interested
Jack Taylor
2022-07-17 18:28:39
Ever since my last experience with a fake online investment company where i invested the total amount of $130k worth of BTC, in order to be in the company monthly payroll and make some interest, little did i know that i was dealing with a fraudulent company, when it was time for me to make withdrawal i was being restricted from doing so even when i can still read my money from dashboard, i got really depressed about this I almost gave up on life cause I felt it is over i was dying inside till I eventually opened up to a friend who referred me to a hacker who he claimed was able to recover my lost money, at first I was skeptical about it cause we all know once you give out your seed phrase out nothing can be done to recover your money…well after several days of debating within myself I decided to give it a try and to my greatest surprise he was able to recover my money within three days. I was so happy, thank you so much Zion Romero, it will be selfish of me if I don’t refer this hacker to you…contact him REMOTESPYTECH (@) GMAIL,C0M.. He’s the real deal, he was able to remotely hack, track and monitor my suspected cheating partner’s phone and other mobile devices. Email: REMOTESPYTECH (@) GMAIL,C0M Regards Amazing Service
Lindas caroline
2021-08-31 18:31:26
I invested a total of $75,000.00USD worth of Bitcoin with an online company who does trading and was guaranteed a payout of 25% a week. They ended up shutting down their company website but their website was still running. So I could still see my dashboard at that time and instead of paying weekly they ended up compounding my money. It ended up compounding to $179,000USD so I requested for a withdrawal which was declined before they shutdown their website, I complained to my colleague at work who directed me about this recovery expert, Mr. Roberto Jimmy that helped him, i contacted him immediately, what surprised me most that I recovered my money that same week. You can contact him at robertojimmy366@gmail.com and he will assist you on the steps to recover your invested funds. Good luck as you contact him for help.
Soby
2021-09-07 12:53:31
Please delete scam above
pamale bacon
2021-11-11 20:24:15
If you think someone you know is being scammed or targeted by cheaters , do not make them feel embarrassed anyone can be a victim, few months ago I and my wife were scammed about $60,000, almost gave up in life, we were hopeless until a Brother introduced me to April Hoskey a reliable source to recover my funds back and also trade to earn high profit, Do contact this company via, hoskey44@gmail.com ..also What sapp +447731579961 , Take the right step and recover your lost funds trust me it is 100% possible.
Solario
2021-12-15 09:24:17
I have no idea, who still trust wikifx. They are doing scam business, blackmail both brokers and users. Are they going to refund me money if I will lost it with their fake "regulated" brokers.
Alex
2021-12-17 10:40:47
After investing all my money with this scam platform they freeze my account and they didn’t allow me to withdraw a penny, i searched for help on how to recover my money back which I got help from a recovery agent after seeing several testimonies about her recovery service, And she indeed helped me in recovery back my lost funds, i will recommend her help to scam victims kindly contact her on ( Janesilva0727 gmail com )
Asma
2022-01-08 10:47:25
Good
Asma
2022-01-08 10:48:30
Ist very nice website ????
Asma
2022-01-08 11:06:11
It's very important this website
rany
2022-01-13 14:12:43
My account RLM5-120221 (SICH Capital LTD) https://sichcapitalax.com/ SICH CAPITAL LTD 13464286 ACN 652438465 1. SICH Capital LTD sued a platform MT5 XAUUSD.s was not reliable matching the true market price, I lost a lot of money $323450.00USD amount. A report from date was trading marking price 1791.00-> 1855.89 2021-21-12 19:54:43 in USA California time. The true market price recorded and inflation at volatility didn't show on the true market and not follow at......CFDs Investopedia, https://tradingeconomics.com/commodity/gold etc. 2. Ask why? SICH Capital LTD customer Services reposed "Hello, fluctuations are normal". but several days Later the company SICH Capital LTD reset in my account to changed differently a platform MT5 XAUUSD.z (I Verify 12/20/21 at 4:54pm in California USA time) and immediately clean up and didn't show in a record report (I Verify 12/22/21 at 2:48pm in USA California time). I was Sell that date and didn't show fluctuations. I will upload all photos.
harvey
2022-01-16 04:53:02
Harvey is the name, telling you my story about how I got scammed is a story. I will rather jump to the good part which is you can get back all that was stolen from you. How to do that is to report to grantbeyond dot com for help. Reach out to them for help brings you closer to your money/bitcoin
Elizabeth Brooklyn
2022-02-16 09:59:52
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2022-02-27 18:18:16
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Maureen Smith
2022-04-30 05:55:39
They are thieves , beware of Jospeh , he calls himself an account manager , but he is just a thief , this company stole dollars from me. I was contacted by Kayafx trade company, I made an initial huge deposit of $12,000 after reading good reviews about them and when it got to the point of withdrawal, it pulled an exit. I decided to withdraw and close my account and they disappeared, nobody replied any message from then on. I’ve tried to reach them by email and chat and they just close the chats and never reply to emails. It’s been more than a month since I asked for my money back and I’m still waiting. Please get away from these scammers!! I have been chasing Kayafx trade for over 7 months now but I have not got my money back. It is a scam..these are all virtual identities, you can trace them and will disappear the moment you want your money back. I was really devastated until I came across a blog that suggested fighting forex and bitcoin trade scams Mr Christopher Emmanuel is an expert that specializes in recovering of Binary,crypto,forex and bitcoin trade ,fraudulent stolen asset. which I did contact him to my greatest surprise. They recovered my funds. I am so happy to get back my funds from this heartless scam broker. Please contact his personal email to help you recover your funds, because i no am not the only victim. feel free to contact his email address: christopheremmaunel842@gmail.com to help you recover your funds.
Lucy Madison
2022-05-02 02:48:28
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Lucy Carolina
2022-05-11 23:35:04
Don’t trust them they are fake company, with fake promises, they will convince you to invest your hard earned money with them, don’t be fooled by all these scam investment brokers and account managers, i was scammed $70,000 worth bitcoin of my investment capital ,they kept on requesting for extra funds before withdrawal request can be accepted and processed ,at the end i lost all my money,. All efforts to reach out to their customer support desk was declined ,i found it very hard to move on . Luckily I came across a comment on a recovery website that recommended a funds recovery expert on binary/forex and bitcoin investment recovery expect, in the person of Mr. Benjamin Alex, and i contacted him immediately through his email address and explained my issues with my investment broker to him, God so kind, him and his team worked relentlessly to recover my funds, and was able to build a case on the scam broker with the information I provided about my trading experience and my funds refunded back to me within a week interval, i was able to get access to my funds back with his help, I still can’t believe how possible it is to get my invested capital back, including my bonus with the company. I know some people must have been a victim of any scam investment broker. I feel obligated to recommend him and his great funds recovery strategy, feel free to reach out to him if you having issues withdrawing your funds, via his email address: benjaminalex238 @ g m a i l .c o m, and he will guide you on steps to take and get your invested capital including your bonus refunded back to you. Good luck
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2022-05-24 08:41:44
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Elizabeth Ruth
2022-06-03 03:01:14
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2022-06-03 03:07:20
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2022-07-17 18:34:05
Ever since my last experience with a fake online investment company where i invested the total amount of $130k worth of BTC, in order to be in the company monthly payroll and make some interest, little did i know that i was dealing with a fraudulent company, when it was time for me to make withdrawal i was being restricted from doing so even when i can still read my money from dashboard, i got really depressed about this I almost gave up on life cause I felt it is over i was dying inside till I eventually opened up to a friend who referred me to a hacker who he claimed was able to recover my lost money, at first I was skeptical about it cause we all know once you give out your seed phrase out nothing can be done to recover your money…well after several days of debating within myself I decided to give it a try and to my greatest surprise he was able to recover my money within three days. I was so happy, thank you so much Zion Romero, it will be selfish of me if I don’t refer this hacker to you…contact him REMOTESPYTECH (@) GMAIL,C0M.. He’s the real deal, he was able to remotely hack, track and monitor my suspected cheating partner’s phone and other mobile devices. Email: REMOTESPYTECH (@) GMAIL,C0M WhatsApp: +56 9 3129 3092 Best Regards Excellent Tech Team..
DANIEL RAY
2022-07-25 17:52:37
BITCOIN RECOVERY IS VERY MUCH REAL, AM A LIVING TESTIMONY!!!! I was actually fooled and scammed over ( $753,000 ) by someone I trusted with my funds through a transaction we did and I feel so disappointed and hurt knowing that someone can steal from you without remorse after trusting them, so I started searching for help legally to recover my stolen funds and came across a lot of Testimonials about Mr. Morris Gray, an agent who helps in recovery lost funds, which I can tell has helped so many people who had contacted him regarding such issues and without a questionable doubt their funds was returned back to their wallet in a very short space of time, it took the expert 48hours to help me recover my funds and the best part of it all was that the scammers was actually located and arrested by local authorities in his region which was very relieving. Hope this helps as many people who have lost their hard earn money to scammers out of trust, you can reach him through the link below for help to recover your scammed funds and thank me later. Email Address: MorrisGray830 AT Gmail DOT com Or WhatsApp: + 1 (607) 698-0239.....
DANIEL RAY
2022-07-25 17:56:38
BITCOIN RECOVERY IS VERY MUCH REAL, AM A LIVING TESTIMONY!!!! I was actually fooled and scammed over ( $753,000 ) by someone I trusted with my funds through a transaction we did and I feel so disappointed and hurt knowing that someone can steal from you without remorse after trusting them, so I started searching for help legally to recover my stolen funds and came across a lot of Testimonials about Mr. Morris Gray, an agent who helps in recovery lost funds, which I can tell has helped so many people who had contacted him regarding such issues and without a questionable doubt their funds was returned back to their wallet in a very short space of time, it took the expert 48hours to help me recover my funds and the best part of it all was that the scammers was actually located and arrested by local authorities in his region which was very relieving. Hope this helps as many people who have lost their hard earn money to scammers out of trust, you can reach him through the link below for help to recover your scammed funds and thank me later. Email Address: MorrisGray830 AT Gmail DOT com Or WhatsApp: + 1 (607) 698-0239.....
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2022-07-31 22:47:59
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