Home -
SIG-WGB -

Score

1.05 /10
Danger

SIG-WGB

United Kingdom

Within 1 year

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://sigwgbt.org

Add brokers

Comparison

Quantity 4

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index3.43

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

SIG-WGB

Company Abbreviation

SIG-WGB

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-01-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Exposure

4 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw at all

The merchant initially allowed me to deposit margin and withdraw funds. After I made the deposit, my account was unfrozen. However, when I tried to withdraw again, my account was frozen again and I was asked to deposit margin again, and the amount was doubled.

Amy Zhao
2025-01-14 09:47
Unable to Withdraw

The largest scam group

After depositing funds, traders either face margin calls or are required to make additional payments such as taxes, margins, and late fees. Regardless of your capital amount, there's always a risk of a margin call. Consider the scenario where the index plummeted from 2613 to 2113 in just half a second—how many traders involved wouldn't face a margin call? Crucially, during this time, the gold price on this platform was significantly detached from the international market rates.

FX2421533694
2025-01-17 22:32
Resolved

Scam Group Makes Withdrawals Impossible, One after Another

Initially, I was told that I had exceeded the number of trading operations and needed to deposit a margin. After paying the margin, when I applied for a withdrawal, they demanded tax payments. Upon my first payment, they claimed my funds had been mixed with a 'black address' and required me to pay again. After I complied, they then demanded a fine. It was one obstacle after another, making it impossible to withdraw funds. Even though the platform is FinCEN certified and can be verified on the FinCEN official website, withdrawals remain challenging. The platform claims to be a mid-level exchange regulated by the SEC, but its legitimacy is questionable.

H-tyacan4
2025-01-18 00:54
Unable to Withdraw

Series of Scams with Impossible Withdrawals

The platform exhibits several fraudulent behaviors: 1. Forced liquidations: The index dropped from 2613 to 2113 in one second, ensuring that anyone with long positions would be margin called. 2. Trading restrictions: The platform does not allow multiple trades per day without prior notice. When attempting to withdraw funds, users are informed of "violations" and required to deposit a 25% margin, which can be used for trading but remains in the user's account. 3. Immediate margin deposits cannot be withdrawn: Deposited margins are claimed to be under "account supervision" and hence non-withdrawable. 4. Tax on profits before withdrawal: If an account's profits reach 100%, a personal income tax must be paid before funds can be withdrawn, scheduled a week later. Subsequently, the platform lowers your credit score from 100 to 90, which they do not restore. Later attempts to withdraw prompt messages that the credit score is insufficient; customer service then quotes $10,000 USDT per point, requiring a payment of $100,000 USDT to process the withdrawal. Victims have reportedly invested between 1.8 million to 3 million RMB, ultimately losing everything in these schemes.

FX2421533694
2025-01-17 14:20

User Reviews

More

User comment

4

Comments

Write a review

H-tyacan4
0-3months
从一开始的操作次数过多需要缴纳保证金，到缴纳完保证金以后，申请提现又来了一笔需要缴纳税费，第一次缴纳说我的资金混入了黑地址，需要我重新缴纳，我重新缴纳完成后，又和我说要交罚款，一环接一环根本没有办法出金，即使平台🈶️FinCEN 认证，去 FinCEN 官网上也可以查找到但是依旧出金困难，平台宣称为 Sec 监管下的中级交易所，并不知真伪
从一开始的操作次数过多需要缴纳保证金，到缴纳完保证金以后，申请提现又来了一笔需要缴纳税费，第一次缴纳说我的资金混入了黑地址，需要我重新缴纳，我重新缴纳完成后，又和我说要交罚款，一环接一环根本没有办法出金，即使平台🈶️FinCEN 认证，去 FinCEN 官网上也可以查找到但是依旧出金困难，平台宣称为 Sec 监管下的中级交易所，并不知真伪
Translate to English
2025-01-18 00:54
Reply
0
0
FX2421533694
0-3months
入金后，不是爆仓就是缴款，缴税，无操作能力的就是爆仓，有操作能力的就是缴各种税和保证金，滞纳金等，你有多少本都有可能爆仓，大家看2613半秒内直降2113点，参与交易的有几个不会爆仓，关键是此时的黄金点数脱里国际行情金价很多很多。
入金后，不是爆仓就是缴款，缴税，无操作能力的就是爆仓，有操作能力的就是缴各种税和保证金，滞纳金等，你有多少本都有可能爆仓，大家看2613半秒内直降2113点，参与交易的有几个不会爆仓，关键是此时的黄金点数脱里国际行情金价很多很多。
Translate to English
2025-01-17 22:32
Reply
0
0
4