Abstract:Recently, an Indian user of Arena Capital filed a complaint on WiKiFX against the broker regarding the withdrawal issue. The user said in his complaint that he invested two thousand dollars in December with the broker.
Recently, an Indian user of Arena Capital filed a complaint on WiKiFX against the broker regarding the withdrawal issue. The user said in his complaint that he invested two thousand dollars in December with the broker. The user stated, “For some days, it was working fine. I was getting profit and was able to withdraw it too.”
According to the victim, after two to three months,. The broker stopped the withdrawal. The victim said he contacted the customer support of the broker. He said, “It is the worst customer support, and they were talking very shiftingly.”
The victim also said, “They are always telling me to pay more money to withdraw my money, and I pay money too every time, and they say if I pay, they will provide me with withdrawal within just 2 minutes, and they again scam me into paying more money.”
Review
When we searched for Arena Capitals on WiKiFX, We found that it is an unlicensed broker. Also, the score is very low, at 1.22 out of 10. WiKiFX stated there:
Warning: Low score, please stay away!
It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
The current information shows that this broker does not have trading software. Please be aware!
Pay attention when you choose a broker. You can be another victim. Download WiKiFX to stay updated about the forex market, or visit the WiKiFX website.