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Hidden truth of Tate Prime discovered by WikiFX

WikiFX | 2020-10-10 10:19

Abstract:WikiFX has been fighting illegal Forex brokers for ages in hops that illegal brokers will eliminated one day. As a Forex inquiry platform, WikiFX realizes that the preliminary investigation and plain ranking are not effective enough to raise the awareness of the Forex investors. So WikiFX deliver the on-site investigation report to reveal the hidden truth of illegal brokers.

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WikiFX has been fighting illegal Forex brokers for ages in hops that illegal brokers will eliminated one day. As a Forex inquiry platform, WikiFX realizes that the preliminary investigation and plain ranking are not effective enough to raise the awareness of the Forex investors. So WikiFX deliver the on-site investigation report to reveal the hidden truth of illegal brokers.

After reviewing the background and profile information of some brokers, WikiFX found that Tate Prime, TF Markets, Elite Capitals and East Oriental Trading are using the same license information registered by the INTERNATIONAL CAPITAL MARKETS PTY. LTD (aka IC Markets). In this case, these four brokers are suspected as the clone brokers. So WikiFX decides to make a field survey to verify whether they are scam brokers or not.

On the 18th of September, the inspection team of WikiFXs Australian branch started the task of hunting scam brokers.

According to the classified source of information, the team headed to the corresponding place where these brokers hided.

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The inspection team were standing in front of a building near a bus station.

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The building exterior

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The team were looking for the name of these company according to the address shown on their official websites. Unfortunately, IC Markets seems to hold the physical location which should be cloned by these brokers. Team members were confused and checked the address several times. However, it is not a good manner to retreat when the truth awaits on the other side of this elevator going up. The investigation is continued.

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The team saw no sign of any companies involved in this case when reaching the fourth floor. After a brief conversation with the colleague of IC markets, the team found that these broker names were never heard here. Sounds scary, right?

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It is a disappointing journey of investigation. The inspection team did not find any clue related to these brokers. The address shown on their websites is the same with IC Markets. Obviously these brokers address is fake and it is illegal to use the license information of IC Markets. WikiFX warns that Forex investors should stay away from the four brokers including Tate Prime, TF Markets , Elite Capitals, and East Oriental Trading. Because they are not trustworthy.

WikiFX will carry out further action to dig out the relation between these four brokers and IC Markets. Stay tuned!

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Flash Event! Download WikiFX App now and sign up, youre gonna get a 6-month WikiFX VIP membership worth of US$9 and the latest WikiFX global e-Magazine for free. Contact support@wikifx.com with [“For Download Rewards”+ your wikifx ID]. We will reply you within 3 days.

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WikiFX, a third-party forex broker inquiry platform, has collected the information of 19,000+ forex brokers, 30 regulators, and helped victims recover over 300,000,000.00 USD. WikiFX App provides functions like forex brokers inquiry, calender, forex news express, calculator and other trading tools to help you get trading done with ease.

Forex brokers inquiry: in order to create a safe forex trading environment, WikiFX offers you two methods of checking the compliance of forex brokers, online checking and offline investigation report. WikiFX has an independent inspection team, conducting on-spot visit to brokers offices to identify they are trustworthy or not.

Forex calender: the financial events which may affect forex trading

Forex news express: providing you the latest info anytime and anywhere

Forex forum: tons of posts by WikiFX users, containing technical analysis, industry discussion, fraud brokers exposure; Users can exchange their thoughts here freely.

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The following are three channels forgetting real-timeinformation about exposurearticles.

1: WikiFX official website: https://www.wikifx.com/us_en/.

Choosing News column Original special topic series.

2: WikiFX App: Using the App will make it easier to read articles.

Read on the APP in the same way as the official website.

3: WikiFX official Facebook: the new exposure articles will also be posted on Facebook, a main social media account, at the same time. If you are a social media user, you can follow WikiFXs Facebook page.

USA Area:https://www.facebook.com/WikiFX.US/

UK Area:https://www.facebook.com/Wikifx.UK/

Nigeria Area:https://www.facebook.com/WikiFX.ng

South Africa Area:https://www.facebook.com/WikiFX.za

Australia Area:https://www.facebook.com/Wikifx.AU/

If you have ever been defrauded by illegal broker, you can contact WikiFX. WikiFX will assist you in your exposure. You need to hold enough evidences to prove the broker is illegal.

Evidence requirement: (Chatting history records, Trading history records, Banking Transaction records and video recordings from victim).

In order to help you better. There are two ways to upload evidencesfor exposure.

1: WikiFX App:

Log in the App, choose Exposure on home page click on blue light bulb-Expose,

The types of Fraud Choose fraud broker Just write down your experience of being deceived and upload the relevant evidences here.

2: More brokers‘ information will be updated on WikiFX. If you can not find the broker that you want to report, there is another way to contact WikiFX by Facebook Messenger. You can leave your message on messenger. WikiFX’s staff will review the broker that you wanna report and the relevant evidences you submitted. You will get the feedback in the following 3-5 working days.

USA Area:https://www.facebook.com/WikiFX.US/

UK Area:https://www.facebook.com/Wikifx.UK/

Australia Area:https://www.facebook.com/Wikifx.AU/

Nigeria Area:https://www.facebook.com/WikiFX.ng

South Africa Area:https://www.facebook.com/WikiFX.ZA

Declaration:

The evidences in WikiFX exposure articles are verified via the following processes:

1: Evidence Collection: (Chatting history records, Trading history records, Banking Transaction records and video recordings from victim).

2: These evidences will be evaluated and verified by experts who have been work in forex industry for many years.

3: The editor will review it again before the article is published

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Score
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Website:https://ic-cn-asia.com/cn/?camp=56118
15-20 years | Regulated in Australia | Regulated in Cyprus | Regulated in Seychelles
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Company name:Elite Capitals
Score
1.56
Website:https://elitexcapitals.com/
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Company name:International Capital Markets Pty Ltd
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Website:https://tateprime.com/
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Company name:East Oriental Trading
Score
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Website:https://www.eastorientaltrading.com/cn
5-10 years | Questionable Regulatory License | Suspicious Operational Region | Regulated in Australia
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Not Regulated
TF
Company name:TF Markets Limited
Score
1.54
Website:http://www.tfmarketsgl.com/en/
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
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1.54

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