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.


ALFX, a new-age brokerage firm with around two years of service track record, seemed to have recorded around 30 reviews by users worldwide, including those in India. While some question the deposit & withdrawal process based on their poor experience, some appreciate its smooth payment services and impressive spreads. This ALFX review article takes both positive and negative user feedback for the broker. This will allow you to make an informed financial decision.

Contemplating trading via Tiger Brokers, a Hong Kong-based forex broker? Be aware that the brokerage firm was recently fined $100 million or more by the Chinese Securities Regulatory Commission (CSRC) for illegal activities. The news broke on June 8, 2026. While we will discuss this incident separately, the brokerage firm is not free from user allegations on issues concerning deposits, withdrawals and customer support service. On most customer service parameters (deposit safety & trading), Tiger Brokers is found to be ranking lower. In this Tiger Brokers review, we have investigated the brokerage firm, its trade offerings, recent regulatory action, a plethora of user allegations, and its regulatory background. Let’s start investigating.

WAYONE CAPITAL, a Saint Lucia-based forex broker, is reportedly facing allegations from users worldwide. Most users allege that the brokerage entity does not comply with fund withdrawal norms and gives petty excuses for not releasing funds on time. Additionally, users have complained about the reflection of the wrong trading account balance while accessing the WAYONE CAPITAL login. If you have faced similar concerns with this broker, you are at the right place! This 2026 WAYONE CAPITAL review article examines user allegations and gives an update on the broker’s regulatory status.

Newspaper after newspaper, social media platforms after social media platforms, we often come across the term forex trading scam. It’s taking a vicious shape. Unknown profiles constantly jam your phones or social media accounts with luring messages of guaranteed and astonishing returns that you may not have heard of before. So, what many do? They click on the link and get into a dreamy, yet fake world that somehow appears much later. More so, in many cases, after the scam. The case of XPO.ru last year, where users were told to click on a link to start forex trading, led to the siphoning of as much as INR 3,100 crore, leaving affected investors and the authorities puzzling over the incident. While the XPO scam was a massive incident, there has not been a shortage of these incidents. The Internet is flooded with stories concerning forex scams of this nature. In this article, we take a close look at several such scams.