Home -
Exposure -
Main body -

WikiFX Express

XM
FXTM
IC
EC markets
TMGM
SBCFX
FOREX.com
D prime
pepperstone
octa

WM Global Forex: “Deposit your asset double or we will freeze your account.”

WikiFX | 2023-04-20 18:49

Abstract:Online forex broker WM Global Forex accused the trader of getting involved in money laundering. And asked the trader to deposit his funds twice as much. Otherwise, WM Global Forex threatens to freeze the trader’s account. How did that happen? 

img_v2_8dd357b7-d8f4-4e33-a90e-6f8462a82b8g.jpg

About WikiFX

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 40,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.

About WM Global Forex

image.png

We got little information as WikiFX shows that this broker was newly established. However, we do know that it is registered in China and has more than 100 trading products based on what is described on its website.

WM Global Forex claimed it has more than 10 years of industry experience, but we cannot find enough evidence to prove that. Besides, we do not know who owns this firm and what its background looks like since its website looks shabby.

WikiFX has listed this broker as unregulated and gives it a fairly low score of 1.00/10, which shows that the risk of investing in this broker is obvious.

image.png

Description of the case in brief

The trade told WikiFX that WM Global Forex does not allow it to withdraw. And it asked the trader to deposit double its asset by suspecting the trader of get involving in the money laundry. The broker threatens to freeze the traders account.

Evidence gathered by WikiFX

WM Global Forex block traders withdrawal request. see below.

image.png

An uncontrollable slippage is exposed( see below)

image.png
image.png
image.png
image.png
image.png

On March 28, 2023, WM Global Forex claimed that it had a website update and maintenance, which raised the question about this broker. See below.

image.png
image.png
image.png

The victim claimed that the price of this platform is very different from other platforms.

image.png
image.png

Conclusion

Many scam brokers like to make an excuse, such as accusing traders of violating the law, and asking the clients to deposit more money when the clients want to withdraw. We believe that WM Global Forex is getting involved in a scam. WikiFX exposed this case to the public to remind all traders of the potential risks. All traders should be vigilant when investing in a broker.

WikiFX is actively reaching out to the victim and other traders hoping to find more evidence to help him resolve the problem. Please stay tuned for more information.

WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!

img_v2_f06dea27-3b02-4ac8-a5bc-3693f047da7g.jpg
Forex BrokerForex AnalysisForex news

Related broker

Not Regulated
WM Global Forex
Company name:WM Global Forex Limited
Score
1.60
Website:https://tradingpointuk.com/en
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.60

Read more

India Forex Reserves Rebound to $707 Billion: Why That Does Not Guarantee a Stronger Rupee

India forex reserves rose by $14.136 billion to $707.002 billion in the week ended 7 August 2026. This explainer separates RBI forex-reserve facts from rupee predictions, explains the role of foreign currency assets and gold, and gives forex-market readers a practical checklist before treating one headline as a trading signal.

Original 2026-08-20 21:01

VrenKapstead Warning: FCA Says the Firm is Unauthorised—5 Checks Before You Pay

The FCA added VrenKapstead to its Warning List on 18 August 2026. See the domains named, what protection may be missing, and five checks before payment.

Original 2026-08-20 20:13

Phillip Futures Review 2026: An A+++ Result Does Not Replace a 09:30 Withdrawal Check

This Phillip Futures review examines PT Phillip Futures, Broker Code 7341369120, Bappebti's A+++ Q1 2026 result and the MT5 GOFX rules on withdrawal cut-off time, beneficiary account, fees and complaints. It helps traders read product terms before funding an Indonesia forex broker account.

Original 2026-08-20 19:02

Darwinex Review 2026 for India: Regulation, Forex, Login and Clone Risk

Darwinex is a trading name used by several overseas companies. Official records support named entities in the UK and Spain, while Darwinex also describes a Seychelles entity. None of this proves Reserve Bank of India authorisation. Indian residents should check RBI rules, the authorised ETP list, the legal entity and the permitted purpose before considering a forex transaction.

Original 2026-08-20 18:40

WikiFX Express

XM
FXTM
IC
EC markets
TMGM
SBCFX
FOREX.com
D prime
pepperstone
octa

WikiFX Broker

D prime

D prime

Regulated
VT Markets

VT Markets

Regulated
FXTM

FXTM

Regulated
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
vantage

vantage

Regulated
STARTRADER

STARTRADER

Regulated
D prime

D prime

Regulated
VT Markets

VT Markets

Regulated
FXTM

FXTM

Regulated
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
vantage

vantage

Regulated
STARTRADER

STARTRADER

Regulated

WikiFX Broker

D prime

D prime

Regulated
VT Markets

VT Markets

Regulated
FXTM

FXTM

Regulated
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
vantage

vantage

Regulated
STARTRADER

STARTRADER

Regulated
D prime

D prime

Regulated
VT Markets

VT Markets

Regulated
FXTM

FXTM

Regulated
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
vantage

vantage

Regulated
STARTRADER

STARTRADER

Regulated

Latest News

A Losing Streak Hijacks Your Judgement. Here's a 4-Step Reset

WikiFX
2026-08-19 15:00

Phillip Futures Review 2026: An A+++ Result Does Not Replace a 09:30 Withdrawal Check

WikiFX
2026-08-20 19:02

Sri Lanka to Criminalize Unauthorized Forex Transfers

WikiFX
2026-08-19 12:30

DFSA warns of scam cloning authorised firm Menhir Capital

WikiFX
2026-08-19 15:00

Interactive Brokers Changes Overnight Order Default in TWS

WikiFX
2026-08-18 13:30

KATOPRIME Review: Regulation Gaps and Broker Risks Traders Cannot Ignore

WikiFX
2026-08-19 15:00

DFSA Warns of Scam Impersonating Firm Menhir Capital

WikiFX
2026-08-19 13:00

Why Fake Screenshots Make You Feel Like a Losing Trader

WikiFX
2026-08-19 15:00

Review 2026: STMARKET Regulation, MT5 Access, and Withdrawal Complaint Signals

WikiFX
2026-08-19 11:00

Quotex Review: Regulation Warnings, Broker Complaints, and Blocked Funds

WikiFX
2026-08-20 15:00

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Equity Market Edge

Equity Market Edge

Vakto

Vakto

Crypto Bullhorn invest & Earn

Crypto Bullhorn invest & Earn

Deluxe Digital Market

Deluxe Digital Market

 ApexTradeAI

ApexTradeAI

TrendX

TrendX

VERTEX DIGITAL LIMITED

VERTEX DIGITAL LIMITED

CrestPoint Capital

CrestPoint Capital

MetaSmartt

MetaSmartt

 TradMint

TradMint