Abstract:The majority of forex traders and/or investors may have a trading account with a broker overseas. How much do you know your broker? One could argue that "I have used this broker for XX amount of time and it's fine", but is that reason enough to justify the credibility of your broker?

In this day and age, although we could obtain nearly every piece of information that is needed from the Internet, there is also a big challenge in verifying the accuracy of such information. In the worst-case scenario, has it ever occurred to you that your broker could be non-existent?

If you have never thought about these issues, maybe now is the time to start pondering on them. You could be shocked to find out that many brokers do not have an office at the address at which they claim to be located. Would you be able to entrust your hard-earned trading capital with a company like this regardless of how many licenses it holds or how lucrative its promotional deals are?
WikiFX is a global forex broker regulatory inquiry platform that carries verified information of over 35, 000 brokers in collaboration with 30 regulators with the mission to keep traders away from the potential of being scammed. One of the features that differentiates WikiFX from its competitors is the field survey wherein the WikiFX team goes an extra mile for on-site visits at brokers' premises.
Log on to WikiFX's Field Survey page (https://survey.wikifx.com/en/) where the tea will be spilled!
How To Fully Utilize WikiFXs Field Survey Function

Once you have downloaded the free WikiFX mobile application from Google Play or App Store, simply type in the name of the broker into the search box and let WikiFX do the remaining hard work for you.

The image above showcases WikiFX's stored information about TeraFX, a United Kingdom broker company that offers online trading platforms in forex, and CFD in indices, commodities, and precious metals. Click on the section as directed by the arrow in the image.

On WikiFX's page, the address of TeraFX is listed as Office 701, One Canada Square Canary Wharf, London, E14 5AA UK.

Upon cross-checking with TeraFX's official website, it is found that they remain at the same premise as of writing.

WikiFX's field survey paid a visit to TeraFX's headquarters located at the aforementioned address at the start of 2022.

Photos were taken on-site by WikiFX's field survey team and detailed descriptions were provided about the environment of the business premise.

Although Terafx's company address is real, there is no sign of the logo of the company located on the actual premise. That caught the attention of WikiFX's field survey team.

The WikiFX's field survey team will provide their insights after a field survey. Traders and/or investors could utilize this information to evaluate your brokers.
For the full version of this TeraFX field survey article, click here: https://survey.wikifx.com/en/801536ff76.html.


We all love trading geniuses and their strategies that earn them profits season after season. And we also love following them to make our investment journey seamless. Copy trading is one such tactic that beginners employ to enter the forex market. What do most of them usually do? They pick an experienced investor from the list and let the platform replicate every trade automatically. The fact that experienced traders continually earn profits, the feeling of copying their trades remains intense. However, the uncertain forex landscape can bite you hard by simply copying trades and not focusing on technical analysis and the charts during the day. Beginners can have a set of preconceived notions that can potentially open the gate for losses. In this article, we have highlighted such mistakes traders should avoid.

amari Capital, a Saint Lucia-based brokerage firm, may have limited user feedback. However, users only highlight the cons that warrant immediate attention from the broker officials to prevent a further dip in its trust score, which already sits at a low of 1.80 out of 10, according to the WikiFX data. Users have openly claimed foul play while trading on the platform. This amari Capital review aims to uncover those allegations against the broker.

Forex traders often wonder why the same currency pair, for instance, EUR/USD, shows 1.17450 on one broker but 1.17455 on another. This difference creates suspicion among traders, often leading to wrong calls and losses. Calm your nerves first by understanding that small price variations are normal and are a reflection of the global forex market’s operation. The forex market is decentralized with no single exchange or official price for any currency pair. That is some revelation for new forex traders. So, what’s the methodology for price determination? It is derived from an expanded network of financial institutions, banks, liquidity providers and brokers globally. So, as a forex trader, you must understand the price structure thoroughly to stay out of unnecessary chaos and continue to reap rewards.

Whether it’s South Asia, Western Asia, Europe or America, users all over are basically asking this: Why is VITTAVERSE cancelling my profits without providing any evidence? While they may be user allegations, a large volume of such complaints creates suspicion, if not affirmation, about the broker’s alleged involvement in profit cancellations. Users also complained about massive withdrawal delays in the name of ‘Account Review’ or ‘Account Upgrade’. This VITTAVERSE review article closely examines user allegations, including those concerning profit deletions, by the Seychelles-based brokerage firm. To give you a fair idea of its legitimacy, we have also provided a regulatory overview of the broker.