Home -
Exposure -
Main body -

WikiFX Express

XM
FXTM
IC Markets Global
EC markets
FOREX.com
TMGM
HFM
Pepperstone
octa
SECURETRADE

Booc - A Nigerian Trader's Nightmare

WikiFX | 2024-05-29 17:30

Abstract:Taiwo, a 31-year-old trader from Nigeria, what started as an investment opportunity with Booc quickly turned into a harrowing experience of loss and frustration.

img_v3_02bb_7e3f5c98-6827-44bb-9c57-1468cdfc0dag.jpg

Taiwo's journey with Booc began with high hopes and a significant deposit of $109,378 USD. Like many aspiring traders, he was drawn in by promises of lucrative returns and expert guidance from Booc's analysts. Little did he know, he was stepping into a trap laid by a group of cunning scammers.

Under the guidance of Booc's supposed analysts, Taiwo diligently executed trades, following their instructions in the hopes of turning his investment into profit. However, instead of the promised returns, all Taiwo encountered was a series of losses that drained his account.

20240508_681591.jpeg-detail.jpg
IMG-20240523-WA0006.jpg
IMG-20240523-WA0007.jpg
IMG-20240523-WA0008.jpg

“These people are called Martin Currie Equity…they are a large group of scammers…theyll keep taking from you and have no chance of withdrawal,” Taiwo laments, revealing the true nature of the entity behind Booc.

Despite his growing concerns and mounting losses, Taiwo persisted, believing that he could eventually recoup his investment. However, when the time came to withdraw his funds, he was met with a cold reality - his money was inaccessible, locked away by Booc with no explanation or avenue for retrieval.

“So after all the deposit and trading I have been doing lastly Im not enable to withdraw my money. All deposit screenshots are attached,” Taiwo shares, providing damning evidence of his futile attempts to reclaim what was rightfully his.

IMG-20240523-WA0009.jpg
IMG-20240523-WA0010.jpg
image.png
image.png

Taiwo's story serves as a cautionary tale for traders everywhere. Booc, masquerading as a legitimate trading platform, preys on the hopes and dreams of unsuspecting investors, only to leave them with empty pockets and shattered trust.

It is imperative that regulators and authorities take swift action against Booc and similar fraudulent entities to prevent further exploitation of innocent individuals like Taiwo. Until then, traders must remain vigilant, conducting thorough research and due diligence before entrusting their hard-earned money to any trading platform.

The exposure of Booc's deceitful practices is not only a call to action but also a reminder of the importance of transparency and accountability in the financial industry. Only by exposing and rooting out such scams can we hope to create a safer and more trustworthy trading environment for all.

img_v3_027o_bb5d7511-ecd7-47fa-a6b9-5f11ec7b254g.png
Broker

Related broker

No Regulation
Booc
Company name:Booc
Score
1.31
Website:https://www.boocfx.com/en/index
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.31

Read more

Plus500 Allegations Exposed in Real Trader Cases

Plus500 allegations revealed: trader complaints, withdrawal delays, and regulatory oversight explained in detail.

Original 2025-12-03 22:25

Upway Broker Scam: Trade Manipulation Exposed!

Upway Scam Alert: Broker faces backlash for backend manipulation, severe slippage, and withdrawal blocks. Real trader exposures uncovered.

Original 2025-12-03 22:00

ACY SECURITIES Review: Do Traders Face Withdrawal Discrepancies, Forced Liquidation and Poor Support

Does ACY SECURITIES wipe out your trading gains in the name of scalping arbitrage? Do you find their demand for inventory fees illegitimate? Do you sense a Ponzi scam-like investment when trading through the broker? Have you faced a forced liquidation of your forex positions by ACY SECURITIES? There have been a plethora of forex trading complaints against the broker. Read on as we share the ACY SECURITIES review in this article.

Original 2025-12-03 19:37

Wayone Capital Exposed: Withdrawal Denials, Poor Refundable Policy & Fund Scams Take Centrestage

Failed to receive funds despite initiating the Wayone Capital withdrawal request? Have you found the broker’s refundable policy manipulative? Did Wayone Capital block your investment fund? Do you constantly face technical issues at Wayone Capital? Many traders have vehemently opposed these scam-like tactics on broker review platforms. In this Wayone Capital review article, we have shared many such complaints. Take a look!

Original 2025-12-03 17:39

WikiFX Express

XM
FXTM
IC Markets Global
EC markets
FOREX.com
TMGM
HFM
Pepperstone
octa
SECURETRADE

WikiFX Broker

EC markets

EC markets

Regulated
STARTRADER

STARTRADER

Regulated
Ultima

Ultima

Regulated
VT Markets

VT Markets

Regulated
GTCFX

GTCFX

Regulated
JustMarkets

JustMarkets

Regulated
EC markets

EC markets

Regulated
STARTRADER

STARTRADER

Regulated
Ultima

Ultima

Regulated
VT Markets

VT Markets

Regulated
GTCFX

GTCFX

Regulated
JustMarkets

JustMarkets

Regulated

WikiFX Broker

EC markets

EC markets

Regulated
STARTRADER

STARTRADER

Regulated
Ultima

Ultima

Regulated
VT Markets

VT Markets

Regulated
GTCFX

GTCFX

Regulated
JustMarkets

JustMarkets

Regulated
EC markets

EC markets

Regulated
STARTRADER

STARTRADER

Regulated
Ultima

Ultima

Regulated
VT Markets

VT Markets

Regulated
GTCFX

GTCFX

Regulated
JustMarkets

JustMarkets

Regulated

Latest News

'Worse Than COVID': Weak US Manufacturing Surveys Signal Stagflation In November

WikiFX
2025-12-01 18:08

Offshore Forex Brokers Ramp Up Expansion in Vietnam as Authorities Crack Down on Scams

WikiFX
2025-12-01 16:33

Absolute Markets 2025: Is It Scam or Safe? Suitable for Traders in Pakistan?

WikiFX
2025-12-01 18:14

UK snack brand Graze to be sold to Jamie Laing\s Candy Kittens

WikiFX
2025-12-02 02:20

FTMO Completes Acquisition of Global CFDs Broker OANDA, Marking a Major Milestone

WikiFX
2025-12-02 15:47

Scam Alert: 8,500 People Duped with Fake 8% Monthly Return Promises from Forex and Stock Investments

WikiFX
2025-12-02 17:12

HEADWAY: The Fast Track to Financial Dead-Ends?

WikiFX
2025-12-03 16:18

ThinkMarkets Review: Why High Ratings Are Masking a "Withdrawal Black Hole"

WikiFX
2025-12-01 12:03

FXGROW Exposed: Complete Review & Customer Complaints Analysis

WikiFX
2025-12-01 20:54

The Impossible Two Percent: Why Central Banks Cannot Afford Price Stability

WikiFX
2025-12-01 16:05

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Sahm

Sahm

STERLING EMPIRE

STERLING EMPIRE

BITNUS OPTIONS

BITNUS OPTIONS

APEXMAERKET EXPERT

APEXMAERKET EXPERT

MAIN CYCLEAPEX

MAIN CYCLEAPEX

NoxWealth

NoxWealth

ProFin Wealth

ProFin Wealth

GCW MANAGEMENT

GCW MANAGEMENT

CRYPTOROCKETS

CRYPTOROCKETS

OkaleyVC

OkaleyVC