Global Broker Regulation Inquiry App
About WikiFX

Amount Resolved (Past 30 Days)(USD)

$466,220

Resolved Cases

14831

Amount Resolved (Past 30 Days)(USD)

$466,220

Resolved Cases

14831

FX2971604592
Within 1 year

Resolved

When will it be credited

The withdrawal card has not been credited within 2.3 days, may I ask what is the situation.

Mediating Parties

PGMarketsPGMarkets

Resolved
Settlement Amount $4,881(USD)

Hong Kong

Two days ago

FX3217826098
Within 1 year

Resolved

It did not give back either the profit or the principal.

I opened an account with TMGM in April of this year and made a profit of one or two thousand US dollars. As of today, all profits have been deducted from my account, claiming I violated trading rules. They've been constantly asking me to provide various documents, which I've uploaded as required by the platform. However, I still haven't received my principal, and the platform has also blocked me from logging in.

Mediating Parties

TMGMTMGM

Resolved
Settlement Amount $3,333(USD)

Hong Kong

Two days ago

FX3325138939
Within 1 year

Resolved

This platform is garbage! I deposited money and they won't let me withdraw it the very next day!!! May their whole family die from this scam!!! They've ruined my life!!! They're not replying to emails to the agent.

I deposited money into this garbage platform and earned a measly $120 on the second day before my account was frozen and I'm prohibited from withdrawing any funds! This is a total scam platform! It has ruined me! I'm not getting any replies to my emails to the agent. Before this problem, they would reply within minutes, but now they ignore me even after I send several emails. This scam platform has ripped me off! Learn from my mistake!

Mediating Parties

AUS GlobalAUS Global

Resolved
Settlement Amount $1,500(USD)

Hong Kong

Two days ago

Hj Atun
Within 1 year

Resolved

withdrawal rejected

VT Markets has cancelled the withdrawal, removed the profits, and suspended the account. VT Markets is the worst Broker I have ever experienced. I requested a withdrawal of USD 1000, but I did not even receive $1. My withdrawal was cancelled, my account was suspended, and my profits were removed without clear and satisfactory explanation. I contacted customer service many times via email, but they did not reply or failed to provide a meaningful solution. The support team is very unprofessional and unhelpful. I also frequently experience technical issues with the VT Markets website, which is often slow or difficult to access. As a client, I expect transparency, fair treatment, and timely withdrawals, but my experience has been the opposite. This situation has caused financial loss, stress, and frustration for me. I ask VT Markets to review my case fairly, provide a proper explanation, and release any funds that

Mediating Parties

VT MarketsVT Markets

Resolved
Settlement Amount $1,843(USD)

Indonesia

In a week

FX2542763642
Within 1 year

Resolved

The platform won't let me unbind my PAMM account, so I can't apply for withdrawal.

I started trading on the KVB gold platform in January and have repeatedly applied to unbind my account from my PAMM account without success, which has prevented me from withdrawing funds. I have communicated with the platform via email, and they promised to process the withdrawal, but more than two months have passed and I still haven't been able to withdraw my funds. It's been indefinitely delayed. I now request that my account be unbound and that all funds be fully refunded.

Mediating Parties

KVBKVB

Resolved
Settlement Amount $70,000(USD)

Hong Kong

In a week

李大脸
6-10 years

Resolved

Automatic order creation, account risk control, inability to withdraw funds, deleting the backend

I opened an account with RS Finance (email: 1371*******@qq.com). On July 17, 2026, my account automatically opened four positions, and slippage resulted in a loss of over $4,000. Fortunately, I quickly closed the positions and transferred funds to other accounts to diversify my capital, preventing a complete loss! The platform failed to achieve its goal of liquidating my account. Starting Monday, they began risk-controlling and deleting over $26,000 from several of my accounts without any prior warning. They also falsely accused me of consistently scalping and delaying arbitrage. My account was entirely managed using an EA (Expert Advisor), which simultaneously ran two Martingale strategies and one single-trade strategy. The EA can be provided for verification; there was no arbitrage as the platform claimed.

Mediating Parties

RS FinanceRS Finance

Resolved
Settlement Amount $26,000(USD)

Hong Kong

In a week

FX5186242362
Within 1 year

Resolved

Without any transaction evidence to suggest a KYC issue, profits were deducted directly.

I was making a profit on my account through normal trading, but it was immediately priced as a high-risk account and sent to risk control, requiring me to submit KYC verification. I submitted the required documents as requested by the platform, but they said there was a problem with my KYC and deducted my profits. I complained to their compliance department, but they were very dismissive and told me to complain to the regulators instead. I am exposing them in the hope that everyone will stop trading on this platform.

Mediating Parties

AxiAxi

Resolved
Settlement Amount $56,620(USD)

Hong Kong

In a week

FX1486654252
Within 1 year

Resolved

Withdrawal denied

On July 14th at 8:20 AM, I manually placed orders for both long and short positions. When the nonfarm payrolls data was released, the long position was filled and closed with a profit of 731 USDT. I did not use an Expert Advisor (EA) or engage in arbitrage. It was simply a trend-following trade, but it didn't allow me to withdraw. An investigation began on July 15th, but there have been no results. Please assist with mediation.

Mediating Parties

DecodeFXDecodeFX

Resolved
Settlement Amount $714(USD)

Hong Kong

In a week

华尔街之狼9056
1-2 years

Resolved

Severe slippage and trading freezes are common issues, but slight slippage is normal with other brokerages.

Severe slippage and trading freezes are common issues, but slight slippage is normal with other brokerages. Trading on the platform directly froze, which was awful.

Mediating Parties

WeTradeWeTrade

Resolved
Settlement Amount $100(USD)

Hong Kong

08-21

FX1341420697
Within 1 year

Resolved

PGM Withdrawal

I use this platform to run EA quantitative trading. Total deposit of 2000U. First withdrawal of 1500U was processed normally. After withdrawal, account balance is 3500U (3000U profit). Then second withdrawal of 2400U was rejected by the system and deemed as irregular trading. Subsequently, I informed the platform about the EA I was running and requested the platform to provide evidence of my irregular trading data. To date, I have not received any email reply. Can I understand that the platform allows normal trading when losing, but refuses withdrawals when profitable? My current demand is for the PGM platform to allow normal withdrawal from my account. Finally, thank you to WikiFX HX platform for giving us small traders a channel to voice complaints.

Mediating Parties

PGMarketsPGMarkets

Resolved
Settlement Amount $3,574(USD)

Hong Kong

08-21

知行合一6911
3-5 years

Resolved

The Exchange violates users' right to know and commits fraud and predatory practices to defraud users of their funds.

After BitGet opened US stock trading, I wanted to try out the US stock trading process, so I deposited 6.92 USDC. In one trade, I bought a stock with the ticker symbol Gmm worth $2.96 and sold it at a loss of $2.77. I discovered my available funds were gone! After contacting customer service, they explained that if the price of the traded asset is below $5 and the number of shares traded is less than 1000, the platform fee is charged based on 1000 shares! This resulted in all my deposited funds being deducted, and I even owed the platform $0.24! My investigation revealed that the official US stock trading fee rates only show a platform fee of 0.05% * transaction amount, not the percentage of shares less than 1000 charged as customer service claimed! Furthermore, in a trade example displayed on the platform, a trade with the ticker symbol CGA, with a price below $5 and a number of shares traded less than 1000, only incurred a platform fee of $0.62! I only traded stocks worth less than $6, yet I was charged $7 in fees!

Mediating Parties

BitgetBitget

Resolved
Settlement Amount $7(USD)

Hong Kong

08-21

永不放弃98116
6-10 years

Resolved

The slippage is serious every time, and the platform shirks the blame and does not pay compensation

Claim compensation for slippage losses, and the platform will return my hard-earned money? , This time I can’t bear it anymore, the moving stop loss and profit stop is invalid, and there is no response to manual closing. I didn’t expect the platform’s reputation to be so bad. It’s not that the transaction was interrupted overnight, and the market opened gapped the next day. It’s a prevarication, and now I don’t even reply to emails.

Mediating Parties

XMXM

Resolved
Settlement Amount $487(USD)

Hong Kong

08-21

FX3317397408
Within 1 year

Resolved

I never imagined I would encounter something like this in TMGM.

I never imagined I'd encounter something like this with TMGM, losing over $200,000 USD – a devastating loss. I traded precious metals and crude oil CFDs on TMGM. The US-Iran conflict caused wild fluctuations in oil prices. Through VIP information and grey market oil prices, my account profited during the Strait of Hormuz conflict. However, TMGM suddenly declared my trades problematic, refusing to pay $214,213.33 USD in profits, only offering to refund the principal. What's even more unacceptable is that TMGM hasn't provided me with clear, specific, and verifiable evidence to prove the alleged violations. My account is now frozen, and I can't withdraw the over $200,000 USD in profits. I sent TMGM evidence of my trading decisions and three formal complaint emails, requesting them to provide: which specific rules were violated; which orders were problematic; and the basis for refusing to pay profits. However, as of today, I haven't received any substantive response. What angers me most is that when I opened the account, I always believed I was trading on a brokerage platform regulated in Australia with an international brand background. Only after my withdrawal was refused did I discover that the account actually belonged to the offshore entity Trademax Global Limited. This is utterly a case of false advertising. Crucial information regarding account ownership, regulatory differences, and the scope of investor protection was not adequately disclosed in a way easily understood by Chinese-speaking users. For ordinary investors, who would have thought that everything would be normal when you're losing money, but then suddenly you're told you can't withdraw your profits when you've made over $200,000? I'm sharing this experience not to vent my emotions, but to remind all investors: before depositing funds, always confirm which entity owns your account, which regulatory body regulates it, and what kind of protection you can receive in case of disputes. If other TMGM clients have encountered similar situations, I hope we can contact each other to exchange information and jointly protect our legal rights.

Mediating Parties

TMGMTMGM

Resolved
Settlement Amount $214,213(USD)

Hong Kong

08-21

FX3964842891
Within 1 year

Resolved

Unable to withdraw

I started trying to withdraw $500 on July 7th, and have repeatedly applied for withdrawal five times, but the VT Markets management team always blocked the withdrawal with various reasons.

Mediating Parties

VT MarketsVT Markets

Resolved
Settlement Amount $0(USD)

Hong Kong

08-20

小宝宝
Within 1 year

Resolved

Malicious Account Freeze

Exposing TMGM (regulated in Vanuatu) for maliciously freezing an account and withholding $4,000 in principal under the pretext of "market manipulation." Details: Trader Name: TMGM (TradeMax Global Limited) Regulatory Authority: Vanuatu Financial Services Commission (VFSC), License No. 40356 Complainant: Lin Dan Trading Account: 594******@qq.com Amount Involved: $4,000 (Principal) Complaint Date: July 10, 2026 Event Summary: 1. I traded on the TMGM platform. My account had sufficient/excess margin and no position limits. 2. On June 18, 2026, I submitted a withdrawal request for $4,000. More than 22 days have passed, and the funds have not yet arrived. 3. Subsequently, my account was frozen by the platform, preventing any trading or withdrawal operations. Platform Accusations and My Response: • TMGM notified me via email that, based on Article 18.5 of the "Client Agreement," I was accused of "market manipulation," but no specific evidence of wrongdoing was provided (such as transaction numbers, times, or the reasons for the judgment). • I have formally replied via email, firmly denying the accusations and requesting the platform to provide written evidence within 3 business days, but have not received a substantive response to date. My demands: 1. Immediately unfreeze my trading account. 2. Full refund of my principal of $4,000. 3. If the platform determines there was a violation, please provide conclusive evidence. Otherwise, please immediately fulfill your withdrawal obligations.

Mediating Parties

TMGMTMGM

Resolved
Settlement Amount $4,000(USD)

Hong Kong

08-16

FX3718333712
Within 1 year

Resolved

I experienced slippage with IC Markets Global's stop loss.

On July 15th, my stop was at 1.14193, but it was stopped again at 1.14594. I had lost more than three times my initial investment, from 96 USD to 351 USD before being stopped. Please follow up. Thank you. The third image clearly shows that the original stop was 1.14193, but it was stopped at 1.14594.

Mediating Parties

ICIC

Resolved
Settlement Amount $255(USD)

Hong Kong

08-15

FX1240358323
1-2 years

Resolved

Profits deleted after trading

After trading and achieving small profits, the profits were deleted.

Mediating Parties

VT MarketsVT Markets

Resolved
Settlement Amount $723(USD)

Iraq

08-02

普通交易者
6-10 years

Resolved

My $100,000 on the platform FXTRADING.com has disappeared without a trace. Please be vigilant.

I had over $98,000 left in my FXTRADING.com account. For some unknown reason, it was all wiped out. Please provide an explanation and return my funds.

Mediating Parties

FXTFXT

Resolved
Settlement Amount $98,000(USD)

Japan

08-02

吾先生
3-5 years

Resolved

Refund

The platform closed my account without any notice or email, resulting in more than 15,000 USD in my account being unable to be withdrawn. I sent multiple emails to the platform but received no reply. Request refund.

Mediating Parties

KVBKVB

Resolved
Settlement Amount $15,000(USD)

Hong Kong

08-02

大道至简8694
6-10 years

Resolved

Slippage is extremely severe, the spread is completely just for show, the execution price is still far from the current price

The price is still far from the current price

Mediating Parties

TMGMTMGM

Resolved
Settlement Amount $40(USD)

Hong Kong

08-02

Amount Resolved (Past 30 Days)(USD)

$466,220

Total Amount Resolved

$55,456,195(USD)

Resolved Cases

14,831

Processing Speed(day/case)

42

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