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Vision FX Global is defrauding its clients

WikiFX | 2024-01-10 17:32

Abstract:“An unknown person called me for trading. After many calls and discussions, I agreed to invest.” Victim said. A user of FX Vision Global from India submitted a complaint on Wikifx dated January 10, 2024.

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“An unknown person called me for trading. After many calls and discussions, I agreed to invest.” Victim said. A user of FX Vision Global from India submitted a complaint on Wikifx dated January 10, 2024.

A complainant said in his complaint that after a deposit of $100. The company representative told him to take at least 20 trades to withdraw the amount. He did as per instruction. The victim added, “He told me that you have to trade in 100 lots and 20 trades, for which you have to deposit more than $1,000; after that, I refused to do it.”.

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He stated, “When I tried to contact customer support of the firm, I noticed the website was not working, even though they were not replying to emails. I got no response from the person who asked me to invest.” The complainant urged Wikifx to help him and take his money back from the firm.

Review

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When we searched for Vision FX Global on Wikifx, We found that it is allegedly a forex and CFD broker registered in China. As for regulation, it has been verified that Vision FX Global does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License,” and it receives a relatively low score of 1.14/10. Please be aware of the risk.

Install the WikiFX app on your smartphone to stay updated with the 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 the App Store.

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Related broker

Not Regulated
Vision FX Global
Company name:Vision FX Global
Score
1.48
Website:https://www.visionfxglobal.com
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.48

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