WikiFX 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
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2021-03-23 14:33:41
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2021-12-15 09:24:17
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2022-04-30 05:55:39
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2022-09-10 19:01:34
To whom it may concern This is my experience with the fake binary options broker, I traded with 365-fx binary options. I wanted to earn some money to pay for some bills so I invested $56,000, these brokers said I will be able to withdraw about $85,270 to $98,000. The brokers calls me everyday to deposit to invest and make good profits, I told them all my funds are in the trading account and I can't deposit more money anymore. They became so rude and stopped calling and also stopped responding to my messages and finally blocked my account. I wanted to withdraw my money and I couldn't, they denied me my access to withdraw my money, Months went by and I still couldn't withdraw my money. I was advised to seek a recovery company, Fortunately I found on the forexpeacearmy website a funds recovery expert Mr Eddie Wilfred who I reached out to and explained my issue to him, God so kind he was able to get my funds back including my bonus, i am happy to share my experience with you, I advise everyone out there to be very careful with the brokers they invest their money with there have been a lot of unregulated brokers, it took 7 working days to get my funds back. I feel obligated to recommend him with funds recovery strategy, feel free to reach out to him via his email address: eddiewilfred816@gmail.com ,if you are having issues withdrawing your money he will assist you on how to claim your investment back.
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2022-09-22 21:30:07
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Abdullahi
2022-09-27 17:55:03
The basic truth about binary investment is the same old story, knowledge is key and information is power, those will never get old, I’m not the type that will get conned and when that happens I don’t go down without a fight, this time though, they almost did get away with it, but thanks to Adrian and his team for their intervention in getting me out of this mess of an investment. I’ve had several professionals help me in situation but this was a new challenge, I gave them what was necessary and they worked quite quickly, best part is how they don’t require upfront payment or deposits to help. I’m just glad I got my money fully refunded, you can also reach out to them on email; HACKWITHADRIANLAMO at GMAIL dotCOM
Dr Laser
2022-09-27 18:07:00
I invested a lot of money to earn profits trading, and lost my investments to a scam company. I have now had all my investments and profits returned by a recovery commando. You can reach me to share my trading experience and how I had all my money returned through the help of Adrian Lamo [HACKWITHADRIANLAMO AT GMAIL. COM]. If you have been a victim of any kind of scam i will advice you reach Adrian with the email above.
Monica Wealth
2022-09-27 18:10:14
For options on how to get recovery of any funds lost to any of the options below; 1. Binary option scam? 2. Forex trading? 3. Romance scam 4. ICO Scams 5. Online betting scams 6. Bitcoin scam 7. Phishing scam or any other kind of scam? If in any case you have lost funds to them or any other. I have a good news for you. Adrian Lamo is currently recovering funds for all victims. Service delivery is top notch and second to none. Hurry and contact them on email: HACKWITHADRIANLAMO [@] GMAIL COM
Lisa
2022-09-27 18:13:35
I will advice everyone out there to be very careful about online investments and platforms, the fake ones are way more than the real ones. I am writing out of experience and would never wish what happened to me to happen to anyone out there, this fake brokers have got a persuasive way of sweet talking people into making investments on platforms that never exist. But i have a good news for those who have already fallen victim into any form of cyber crime like i did, i would have lost everything if not for the intervention of a tech wizard i got introduced to. ADRIAN LAMO is a proven and very reliable hacker, this guy is extraordinarily gifted and professional in all he does, i boldly recommend him to anyone out there who had been a victim like i once have. You can contact through their Email HACKWITHADRIANLAMO at GMAIL. COM for all recovery purposes. Good Luck and stay away from scammers.
Alice Baker
2022-09-27 18:17:39
There have been too many fake investment platforms out there lately and i am open to share my experience with a binary option broker which i lost over $55,000 to without getting my profits as promised, this almost got me depressed cause that was literally my whole savings believing in making it double or perhaps triple. I could not hide it anymore but shared it with my husband best friend Ray who referred a TECH GUY called ADRIAN, would i say i was lucky to have shared my experience with Ray or perhaps i was blessed to be linked with ADRIAN. It took just 3 days for all i lost to be returned just as a case was brought up against those investment thieves who stole from me, all thanks to Dave and his team for giving me an opportunity to breathe fresh air once more, i feel obligated to let people know about this unknown professional hacker incase there is anyone out there who had been a victim of any kind of scam or anyone who would need the services of a reliable hacker. Reach out to Dave and his team via HACKWITHADRIANLAMO at GMAIL dot COM
Esther C Miller
2022-10-25 07:05:19
I just want to caution all cryptocurrency traders and investors to exercise caution when dealing with any business. I started trading cryptocurrencies when there was a lot of volatility in the market. Due to bad decision-making, I lost a few hundred dollars to novices who offered to help me increase my money on their cryptocurrency investment platform. Over 72 hours passed before my money was found and returned by "Contact Kevin recovery agent@ Gmail com" Living is a gamble. Cryptocurrency investment entails taking a risk. So, we need to exercise caution and make sensible investments.
gerald
2022-11-03 10:10:12
I lost over 4 btc investing on achain platform I didn't know what to do because I was unable to withdraw my profit, I believed that I would be able to cover the debt with my profits and I thought there won't be even a chance to get my investment back. Until I contacted mr Aaron Gabriel after seeing positive reviews about him 4days back on this platform, I got in touch with him and he gave an explanation of how the process would look like and what exactly we need to put in place for this to work out, which I did and followed all his instructions to my greatest surprise I confirmed the payment of my recovered funds to my bank account, he has been really helpful to me, I bet you all should contact him on email: Aarongabriel310@gmail.com or WhatsApp +1 (314) 649-8612, he’s genuine
winston
2022-11-03 10:19:44
How amazing it is to have all lost hope back with the right person whereby life has been so difficult after encountering a heartbreak with a broker who made away with my $39k and shorts down there site probably because they did the same to others, have tried two hackers but nothing happened until I hired Aaron gabriel, who was able to help me recover my funds back and I really don't know how he did it but honestly, I receive exactly $39k worth of bitcoin on my wallet and for this reason, I'm referring everyone under the same circumstance to quickly contact him via; Aarongabriel310@gmail.com or whatsapp +1 (314) 649-8612 for a fast solution with a guarantee. he will give you all proof needed
Sandra Rivers
2022-11-06 03:07:16
Hello, I am from California, United States and am here to give a testimonial on how I met one of the best Hacker so far in my incredible moment of pain I lost a huge amount of money to a fake investor, I invested 887,000 USDT to this investment company with my belief that I will have a huge return when it was time for me to get my return they company no longer pick my calls or reply to my email I was so devasted that my sister saw my pain and sad sorrow she have no choice than to introduce me to this great hacker called Alex Wood at BESTCRYPTOHACKER . I tell him everything about my situation and he asked for the company email address and the mobile number he promises to help me retrieve my funds if I will be able to cooperate and give him the vital information needed in less than 24 hours he was able to give me the necessary details about the company and how he will get my funds back without the company approval. Contact him: BESTCRYPTOHACKER @gmail.com. I was very happy when he recovered all my funds and gave me 2% of the profit the company could have given me. so I promise to make him go viral for everyone to contact him in different aspects of hacking software program in your life he proves the best in his job. CONTACT HIM: BESTCRYPTOHACKER @gmail.com Website: WWW.BESTCRYPTOHACKER. COM Other services include: Spying and monitoring a suspected cheating partner, Phone cloning, Website hacks, Boost of credit scores, Clearing of criminal records and many more. Excellent Service
gerald
2022-11-08 19:04:05
i Lost my bitcoin because i fell victim to a spam email encouraging me to invest in a bitcoin company that was going to yeild 100% profits in 2 months, so i invested $5000, when it was time to withdraw my funds, they asked me to pay $2000 to unlock my money which i did, i kept paying the fees they requested for until i could no longer take it, i got introduced to Mr Aaron by my friend, i decided to take the risk and contacted him through the official email thank God i got my lost invested funds and to my greatest surprise i had my funds handed to me withing five days, this was a miracle yet to be told to the world, he told me share this to all social media I havel. for more information contact him on his official email Aarongabriel310@gmail.com you can also message him on Whats-ap +1 (314) 649-8612.
Olivia Grayson
2022-11-09 16:00:50
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2022-11-21 00:44:43
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winston
2022-11-30 08:44:20
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Sam Heughan
2022-12-03 01:32:43
Hi everyone, Digital trading ( forex, crypto and option ) according to statistic is the best way to earn money working from home. But scammers have made it hard for anyone to benefit from trading, thanks to Mrs. Harley who helped me recover all my lost funds in forex trading including my profits. I lost my hard earned money to greedy and scammed brokers, but am so happy i met Harley Chen a honest woman who gave me the right signal and platform to trade with. If you are out there still experiencing failure trading in crypto, binary option and forex trading or you want to recover your lost funds i will advice you reach out to Harley via email on chenharley01 gmail com
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2022-12-07 01:40:12
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2023-01-08 04:45:41
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2023-01-12 04:27:23
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2023-01-12 04:27:38
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Anital Jeo
2023-02-04 01:32:35
*SCAM ALERT* I lost money to an online cryptocurrency fraud. Firstly, I was not depressed until I realized I had just been duped a few weeks ago after depositing basically all of my savings in an online Crypto investment franchise. I had €32,000 invested in Crypto online for daily positive returns, nevertheless I couldn't access my capital or income for whatever reason. After weeks of frustration, Blockchain directed me to Recovery specialist Jeff Silbert after several emails were sent to them. Luckily, the hacker came through for me when everything seemed to have faded into thin air. You can seek assistance as well by mailing this certified expert at jeffsilbert39 gmail com or contacting via Whatsapp +84 94 867 1524 on WhatsApp. Redeem your hard-earned money and refrain from depression.
AUSTIN
2023-02-04 02:05:10
*SCAM ALERT* I lost money to an online cryptocurrency fraud. Firstly, I was not depressed until I realized I had just been duped a few weeks ago after depositing basically all of my savings in an online Crypto investment franchise. I had €32,000 invested in Crypto online for daily positive returns, nevertheless I couldn't access my capital or income for whatever reason. After weeks of frustration, Blockchain directed me to Recovery specialist Jeff Silbert after several emails were sent to them. Luckily, the hacker came through for me when everything seemed to have faded into thin air. You can seek assistance as well by mailing this certified expert at jeffsilbert39 gmail com or contacting via Whatsapp +84 94 867 1524 on WhatsApp. Redeem your hard-earned money and refrain from depression.
koven
2023-02-20 09:53:29
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2023-02-20 09:54:18
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2023-03-15 20:00:14
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2023-03-15 20:00:52
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