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WikiFX Scam Alert: FCA Issued a Warning Against Aligninvest!!!

WikiFX | 2022-10-20 15:57

Abstract:Aligninvest was officially exposed as a scam by the British regulator FCA, which issued a warning against the brokerage. Blacklisted brokers are fraudulent and should be avoided no matter what!

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Breaking News!Aligninvest has come to the attention of the Financial Conduct Authority in the UK, which warned on October 11th that Aligninvest was not licensed but was providing financial services to the public in the UK. You can see the warning in the screenshot below.

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“ This firm is not authorised by us but still was providing financial services to the public in the UK, the FCA says adding that you will not have access to the Financial Ombudsman Service or be protected by the Financial Services Compensation Scheme (FSCS), so you are unlikely to get your money back if things go wrong”.

The FCAs warnings prove with almost absolute certainty that a company is running some sort of scam – so refrain from enterprises that have received the negative attention of reputable financial authorities like the FCA. The only way to be sure that your investment is in good hands and that you would be treated fairly and in accordance with all laws would be to turn to a licensed, legitimate broker.

WikiFX also paid a visit to the brokers official website to learn more. However, the outcome was disappointed - the website is not accessible any longer.

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Without access to the website, we cannot see for ourselves if it holds up to something like industry. As a broker who claims to be a professional trader, but does not show even the most basic information to users. Obviously, it's covering up something shady.

In addition, to learn more about Aligninvest, WikiFX tried to connect with its social media.But a search of the entire web did not find Aligninvest's social media account. The only account I could find was Instgram, and I found it empty. Instead, WikiFX found a Google complaint about Aligninvest from an investor who accused Aligninvest of being a total fraud who had tricked him into putting all his money in, and who was unable to get in touch with anyone at the company.

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As it stands now, Aligninvest 's scam appears to have been busted and can no longer to operate its official website and social media, so it has run away with clients' money.

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Last but not least, WikiFX made an attempt to access the domain tool to learn about the domain information.

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It can be found by tracking its website information that its official website domain name is up to date -- it was registered on August 4, 2022, just two months ago. Besides, the domain is only valid for one year - until August 4, 2023. It's easy to see that when Aligninvest was registered, it didn't intend to stay in business for long. It expected to get money and then switch to a new domain name and continue scamming.

Now let's search “Aligninvest” on WikiFX APP to find out more about this broker. WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.

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As you can see, based on information given on WikiFX (https://www.wikifx.com/en/dealer/1238830663.html), Aligninvest currently has no valid regulatory license and the score is rather negative - only 0.99/10! WikiFX gives brokers a score from 0 to 10. The higher the score is, the more reliable the broker is.

Please note that WikiFX is also reminding the majority of users: low scores, please stay away!

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Investors are advised to search relevant information on WikiFX APP about the broker you are inclined to trade with before finally deciding whether to make investment or not. Compared with official financial regulators which might lag behind, WikiFX is better at monitoring risks related to certain brokers - the WikiFX compliance and audit team gives a quantitative assessment of the level of broker regulatory through regulatory grading standards, regulatory actual values, regulatory utility models, and regulatory abnormality prediction models. If investors use WikiFX APP before investing in any broker, you will be more likely to avoid unnecessary trouble and thus be prevented from losing money! The importance of being cautious and prudent can never be stressed enough.

From all the above information we can know that trusting a broker like Aligninvest is simply not worth it – you will certainly end up robbed. The so-called brokerage is nothing more than an outright scam, which is in the spotlight of a recent investigation by the British financial authorities, who have already blacklisted the website for targeting UK customers without proper authorization.

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WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing.You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed. In addition, scam victims are advised to seek help directly from the local police or a lawyer.

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Related broker

Not Regulated
Aligninvest
Company name:Aligninvest
Score
1.46
Website:https://www.aligninvest.net/index.html
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.46

Read more

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Forex traders often have to come to terms with these two popular concepts - Support and Resistance. A support level refers to the point where buyers have historically come together to prevent the price from sliding further. On the other hand, the point of resistance is where sellers have historically limited upward movement. These two levels form the foundation of many trading strategies employed by traders to spot entry, exit and stop-loss points. However, many beginners begin to think that these price levels are unbreakable. Such assumptions can go horribly wrong during high-impact economic news releases such as inflation reports, employment data, monetary policy announcements by the central bank or any other major news events. These events can trigger price movements so much that even the strongest support and resistance levels can crack within seconds.

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