Scammers defrauded investor of 135,000 naira with cryptocurrency in the name of top broker FXTM!

Recently, WikiFX has received a complaint against FXTM in Nigeria. As per WikiFXs investigation, there is someone who pretended to be a staff from FXTM, running bitcoin business to defraud investors.

An investor said he met Mrs Aisha on Instagram, who claimed she was an agent working at Nigerian capital FXTM trading. And the investor was told that a investment model could help him gain high profits by investing bitcoin within 45 minutes. Then, the investor invested 10,000 naira bitcoins and waited to get the 40k profits. However, he did not get the money that the agent promised after 45 minutes and even was asked to invest more if he wanted to take his money back. Finally, he invested a total of 135,000 naira through the bitcoin link given by Mrs Aisha. After that Mrs Aisha disappeared.

Through the following transaction records, it can be seen that the money was transferred to three different bank accounts, which are not FXTM‘s official transaction accounts. Before, the investor also got a person’s contact information from Mrs Aisha. The person said he was Forextimes CEO, named ALONIPEKUN EBENEZER. When the investor asked the CEO how he could withdraw the money, the CEO replied that he needed to add extra 20,000 naira as his amount was not enough to carry out the withdrawal. The CEO also provided a license of FXTM regulated by the Commission Financial.

In the end, the investor found that it was actually a hoax. The FXTM was never regulated by the Commission Financial. It is worth saying that the FXTM never runs cryptocurrency businesses such as BTC. After official confirmation, they just provides trading services like Forex, Spot Metals, CFDs etc.

All in all, the fraud team pretended to be staff from FXTM and attracted more peoples attention and trust. Here are some advice which make it easy to identify scams.

1: Legal broker will not introduce you to their investment plans by the third-party social platform.

2: Legal broker has official email address and customer service and will not contacts you by WhatsApp, Instagram and Facebook.

3: Investment model with high profits is always a potential trap.

4: Download WikiFX App to check a brokers score and credit.

As a famous forex broker in the world, the FXTM can be trust and reliable. As for more information about the FXTM, such as basic information, regulatory information, MT4/5 identification, credit report etc, you can log in WikiFX official website or use WikiFX App.

Victimsinformation

WikiFX publishes exposure articles regularly about illegal brokers who defrauded beginner investors maliciously. And all articles are based on victims real experience. The significance of exposing these illegal brokers is to enable more forex investors to identify whether the brokers they choose are good or bad and avoid being deceived again.

Want to avoid or expose illegal brokers？ Please follow WikiFX - the top forex media for exposing illegal broker

The following are three channels for getting real-time information about exposure articles.

1: WikiFX official website: https://www.wikifx.com/us_en/.

Choosing News column Original special topic series.

2: WikiFX App: Using the App will make it easier to read articles.

Read on the APP in the same way as the official website.

3: WikiFX official Facebook: the new exposure articles will also be posted on Facebook, a main social media account, at the same time. If you are a social media user, you can follow WikiFXs Facebook page.

Nigeria Area：https://twitter.com/WikiFX_NG

Singapore Area：https://www.facebook.com/wikifxsingapore/

USA Area：https://www.facebook.com/WikiFX.US/

If you have ever been defrauded by illegal broker, you can contact WikiFX. WikiFX will assist you in your exposure. You need to hold enough evidences to prove the broker is illegal.

Evidence requirement: (Chatting history records, Trading history records, Banking Transaction records and video recordings from victim).

In order to help you better. There are two ways to upload evidences for exposure.

1: WikiFX App:

Log in the App, choose Exposure on home page click on blue light bulb-Expose,

The types of Fraud Choose fraud broker Just write down your experience of being deceived and upload the relevant evidences here.

2: More brokers‘ information will be updated on WikiFX. If you can not find the broker that you want to report, there is another way to contact WikiFX by Facebook Messenger. You can leave your message on messenger. WikiFX’s staff will review the broker that you wanna report and the relevant evidences you submitted. You will get the feedback in the following 3-5 working days.

Nigeria Area：https://twitter.com/WikiFX_NG

Singapore Area：https://www.facebook.com/wikifxsingapore/

USA Area：https://www.facebook.com/WikiFX.US

More details about how to download WikiFX App:

Please download WikiFX APP from links below or scan QR code ：

Googleplay:https://play.google.com/store/apps/details？id=com.foreigncurrency.internationalfxeye

iosAppStore: https://apps.apple.com/us/app/fxeye/id1402501387？l=zh&ls=1

WikiFX App is a third-party inquiry platform for forex broker. So far WikiFX has collected regulatory information of over 17000 forex brokers and 30 regulators and recovered over 300,000,000.00 USD of the victims of forex scam.

It, possessed by Wiki Co., LIMITED, was established in Hong Kong Special Administrative Region of China, mainly providing basic information inquiry, regulatory license inquiry, credit evaluation for the listed brokers, platform identification and other services. At the same time, WikiFX has set up affiliated branches or offices in Hong Kong, Australia, Indonesia, Vietnam, Thailand and Cyprus and has promoted WikiFX App to global users in more than 14 different languages, offering them an opportunity to fully appreciate and enjoy the convenience Chinese Internet technology brings. WikiFXs social media account as below: