"Total Scam, Unregulated Broker," User complained against a broker

Do you know what to do if you are duped by a broker？ Where should you complain and seek help？ Wikifx is the platform to complain about any broker and receive our support. As this user from India did.

This complainant is from India. Who complained against Theo Broker on Wikifx regarding the withdrawal issue. The complainant told his complainant that he invested 330 USD with Theo on September 9, 2023.

The victim said, “This is the first time I am facing this issue.” I tried to contact them but got no response from their side. I emailed them but got no reply. User added. The user attached a screenshot with his complaint and alleged broker by saying “Total Scam, Unregulated Broker”.

About Theo

Theo Brokerage is an online forex broker offering a diverse range of tradable assets, including Forex, commodities, indices, cryptocurrencies, and futures. The brokerage provides two types of accounts: a Standard Account with a markup of 1 pip and a Raw Spread Account with raw inter-bank spreads. Maximum leverage is available up to 1:300 across both account types. While the platform supports multiple operating systems like Windows, iOS, and Android, customer support is limited to email. Payment options are comprehensive, including methods like Bank/Wire Transfer, Paypal, and credit cards among others. Theo also offers a structured set of educational tools, covering various aspects of trading.

Install the WikiFX app on your smartphone to stay updated with latest news of Forex. WikiFX is a global forex broker regulatory enquiry platform that has investigated and reviewed more than 50,000 brokers, collaborating with more than 30 national regulators. To learn more about the security and reliability of your chosen brokers, visit www.wikifx.com or download our free app from Google Play or app store.