Home -
Exposure -
Main body -

WikiFX Express

EC markets
Exness
TMGM
XM
FXTM
FOREX.com
AVATRADE
IC Markets Global
FXCM
GMI

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.

1200×627.jpg

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.

圖片.png

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

圖片.png

The building exterior

圖片.png

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.

圖片.png

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?

圖片.png

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!

圖片.png

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.

圖片.png

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.

圖片.png

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

wikifx forex influencer Analysis ForexTrading Analysis index USD AUD JPY CNY YEN XAD gold oil

Related broker

Regulated
IC Markets Global
Company name:Raw Trading Ltd
Score
9.25
Website:https://ic-cn-site.com/cn/?camp=56118
15-20 years | Regulated in Australia | Regulated in Cyprus | Market Making License (MM)
Score
9.25
Unverified
Elite Capitals
Company name:Elite Capitals
Score
1.55
Website:https://elitexcapitals.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.55
Clone Firm
East Oriental Trading
Company name:East Oriental Trading
Score
1.54
Website:https://www.eastorientaltrading.com/cn
5-10 years | Suspicious Regulatory License | Suspicious biz area | Regulated in Australia
Score
1.54
Clone Firm
Tate Prime
Company name:International Capital Markets Pty Ltd
Score
1.53
Website:https://tateprime.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | Regulated in Cyprus
Score
1.53
No Regulation
TF
Company name:TF Markets Limited
Score
1.52
Website:http://www.tfmarketsgl.com/en/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.52

Read more

22 things you need to know as a Beginner in the Forex Market| Influencer Forex Analysis•Bola Akinya

Forex trading has caused large losses to many inexperienced and undisciplined traders over the years. You need not be one of the losers. Here are twenty forex trading tips that you can use to avoid disasters and maximize your potential in the currency exchange market.

Original 2020-11-26 15:28

Two Concerns Non-Negligible After Thanksgiving| Influencer Forex Analysis•Jasper Lo

It is reported that the US Food and Drug Administration has scheduled a meeting of its Vaccines and Related Biological Products Advisory Committee on Dec. 10 to discuss the request for emergency use authorization of a Covid-19 vaccine from Pfizer. If nothing else, an approval would immediately allow the first Americans to get a vaccine on Dec. 11.

Original 2020-11-25 15:12

Inevitable Flaws Hidden in Demo Account

There are some disadvantages of virtual accounts during forex trading. If these drawbacks are ignored by traders, they may experience unexpected losses even in real trading.

Original 2020-11-24 15:08

Trading at the Right Time

The most obvious difference between the forex market and other trading markets is the constant trading hours and the unconstrained trading places. Trading at the right time helps generate a great profit.

Original 2020-11-23 16:05

WikiFX Express

EC markets
Exness
TMGM
XM
FXTM
FOREX.com
AVATRADE
IC Markets Global
FXCM
GMI

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
D prime

D prime

Regulated
CPT Markets

CPT Markets

Regulated
BCR

BCR

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
D prime

D prime

Regulated
CPT Markets

CPT Markets

Regulated
BCR

BCR

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
D prime

D prime

Regulated
CPT Markets

CPT Markets

Regulated
BCR

BCR

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
D prime

D prime

Regulated
CPT Markets

CPT Markets

Regulated
BCR

BCR

Regulated

Latest News

Gold Cements Historic 66% Gain as Silver Supply Crunch Looms for 2026

WikiFX
2025-12-31 10:40

2025 Global Economic Year in Review: How Tariffs and AI Rewrote the Playbook

WikiFX
2025-12-30 11:28

US Dollar on Edge: Fed Minutes and Trump Attacks Rattling Central Bank Independence

WikiFX
2025-12-30 17:40

Gold and Silver Plummet from Record Highs as Profit-Taking Sweeps the Market

WikiFX
2025-12-30 14:05

WM Markets Review (2025): Is this Broker Safe or a Scam?

WikiFX
2025-12-30 16:17

It’s a Scam, Not Romance: How This Woman Lost US$1 Million

WikiFX
2025-12-30 16:29

Crude Oil Surges as US Strikes Venezuela Facility and Ukraine Talks Stall

WikiFX
2025-12-30 16:40

He Thought He Was Investing BUT US$500,000 Disappeared!

WikiFX
2025-12-30 16:37

Forex Daily: USD/JPY and AUD/USD Falter as Year-End Liquidity Thins

WikiFX
2025-12-30 17:00

Fed Watch: Powell Sounds Alarm on "Excessive" Valuations

WikiFX
2025-12-30 19:30

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

FINACO

FINACO

Galaxy Digital SP

Galaxy Digital SP

BASKFUND INVESTMENT COMPANY

BASKFUND INVESTMENT COMPANY

INSURED GROWTH LTD

INSURED GROWTH LTD

Orbits Opportunity

Orbits Opportunity

PRIMEPEAKLTD

PRIMEPEAKLTD

ZEALOTTVEST

ZEALOTTVEST

EVERGREENINVESTMENTS

EVERGREENINVESTMENTS

NEXABITGROW

NEXABITGROW

BALITRADE

BALITRADE