WikiFX Scam Alert: FCA Warns Against Matrixinvestment!!!

Investors who are still trading forex at Matrixinvestment had better quit trading ASAP!!! Investors who have been deceived by this broker please contact WikiFX to help you recover your funds!!!

Breaking news! Matrixinvestment has attracted the attention of the Financial Conduct Authority(FCA)in the UK, which warns on Sep 16th that Matrixinvestment is not authorized to offer financial services，You may check the warning on the screenshot below. Source: MATRIXINVESTMENT | FCA

There is no doubt that the Matrixinvestment is an officially confirmed scam – the UK regulator FCA blacklisted the so-called broker, which outright proves its fraudulent! Trustworthy financial authorities regularly update their lists with unauthorised entities, and it goes without saying that any broker with a warning on its name should be avoided.

Matrixinvestment bills itself as one of the most effective brokerage firms in the United States, and they have a long history of providing high quality professional FX services. To see if he was right, WikiFX took a hard look at their registration with the NFA, America's most powerful regulator. But it was in vain - there was no company or brokerage called Matrixinvestment to be found on the National Futures Association (NFA).

All this just shows that Matrixinvestment has a high risk of trading, and it is illegal to engage in any financial activity that is not regulated by the FCA and NFA. Actually，before trusting anyone with your money, it would be best to check if they are licensed as they claim. If the firm does not mention a license, it should be avoided, since unregulated companies are very dangerous.

WikiFX also paid a visit to the brokers official website to learn more, Matrixinvestment tries to convince you that they are a legitimate and trustworthy USA-based broker, but the outcome is opposite.

Matrixinvestment does not have trading software. Throughout the website, download links are nowhere to be found, and upon registration, it became obvious that Matrixinvestment doesnt have a platform. Instead, there are some fishy investment plans with highly unrealistic ROIs that undoubtedly prove that Matrixinvestment is a scam.

In addition, Matrixinvestment does not elaborate on trading conditions, nor regulatory information or other documents. There's no doubt that when investors want to choose a platform, it's more than just this information posted!

More importantly, they have imposed limits on how much investors can withdraw. According to its website：In the case of the Client giving an instruction to withdraw funds from their Investment Account, the withdrawal procedure takes 7 business days once Client‘s documentation has been submitted and approved. As per the Company’s discretion, the Company may cancel the Clients withdrawal order.

This information amounts to a bullying clause for investors. Once the money is deposited, it means it will not be returned. In other words, Matrixinvestment can refuse your withdrawal for any reason, which in fact constitutes fraud. This clause is unfair and WikiFX would like to remind you that you should think twice before you investing.

Now let's search “Matrixinvestment” on WikiFX APP to find out more about this broker. 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 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.

As you can see, based on information given on WikiFX (https://www.wikifx.com/en/dealer/1982808516.html), Broker Matrixinvestment has no valid regulatory license and the score is rather negative - only 0.99/10! WikiFX gives brokers a score from 0 to 10. The higher the score is, the more reliable the broker is.

In a nutshell, it's not wise to invest in Matrixinvestmemt. WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed. In addition, scam victims are advised to seek help directly from the local police or a lawyer.

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!

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