Abstract:Unable to withdraw one’s funds is by far the most worrisome situation that a forex trader could face. Therefore, it is crucial to spend time doing your due diligence before engaging with any forex broker. Use the free database and platform of WikiFX to verify your forex broker at ease.
Unable to withdraw ones funds is by far the most worrisome situation that a forex trader could face. Therefore, it is crucial to spend time doing your due diligence before engaging with any forex broker. Use the free database and platform of WikiFX to verify your forex broker at ease.
WikiFX is not only just a global forex broker regulatory query platform, but we are also a mediator for trading clients and their respective forex brokers. For any inquiry or complaint related to forex brokers, do not hesitate to contact WikiFX via the mediums below:
Recently, WikiFX received an Exposure piece that was submitted by a victim from India about XPro Markets.
Our customer service officer Hamza reached out to this victim to understand the situation thoroughly.
This victim was being careful when communicating with WikiFXs support representative – this is the attitude that every trade should have when talking to anyone online, including your forex broker. When in doubt, always ask for proof or verification.
This is the proof of deposit made by the victim to Xpro Markets at the beginning of July 2022.
However, when the victim started making profits from the currency markets, he was unable to withdraw his money.
He tried to email the forex broker and they did not deal with his withdrawal request, and he was left in disappointment and helplessness.
According to WikiFX, XPro Markets achieved a fairly low WikiScore.
Although XPro Markets stated on their website that they are being regulated by the FSCA, WikiFX discovered that this license has exceeded its validity. Hence, XPro Markets is neither regulated by an authority body nor operates with a valid license.
Another contributing factor is XPro Markets has only been established for a short period of time – only approximately one year. This suggests that its reliability has not withstand the test of time.
WikiFX advises users to opt for established and bigger-scaled forex brokers to avoid any unwanted complications. Read this article for more useful information: https://www.wikifx.com/en/newsdetail/202205262704973667.html.
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