WikiFX Fraud Alert: Plz stay clear of Fidexmarket!!!

Today I want to talk to you about Fidexmarket, a broker who scored low on Wikifx and was warned by 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 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.

First and foremost, let us get to the basic facts. On the screenshot below you may check the Wiki's latest score for Fidexmarket.

Based on information given on WikiFX(h https://www.wikifx.com/en/dealer/2721367808.html), Fidexmarket currently has no valid regulatory license and the score is rather negative - only 1.37/10! WikiFX will give brokers a composite score in five categories: license index, business index, risk control index, software index and regulatory index. Since Fidexmarket does not have any supervision and does not obtain a regulatory license, the license index, risk control index and regulatory index all score 0, and the final total score is 1.37 (out of 10).

What's more, WikiFX is warning users to be wary of Fidexmarket, which has a low score and is suspected of cloning licenses, so stay away from it!

To verify that the information displayed on Wikipedia is correct, we first went to its local financial regulator to verify that it is regulated by UK financial institutions.

Its shocking that Fidexmarket was warned by British Regulator FCA on 4th June, 2022. FCA warns: Fidexmarket is a total clone brokerage, and they try to pass themselves off as a legitimate company, which is the modus operandi of scammers. Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Clones are dangerous as they will steal your money if you deposit with Fidexmarket!

In addition, to get a better idea of Fidexmarket, WikiFX paid a visit to its official website. However, the outcome was disappointed - the website is not accessible any longer.

Without access to the official website, we cannot know more about its important information, such as software information and transaction conditions, let alone judge whether their regulations meet the standards of the financial industry. In fact, such an invalid website is further evidence that Fidexmarket is running some sort of scam and was fled with investors money!

WikiFX also tried to find more information via social medium, but all I found was more bad news. The Internet is full of negative news about Fidexmarket -it is a fake firm. One of the anonymous informants said Fidexmarket could not withdraw money for various reasons, it's a big scam.

From the above points, it can be concluded that Fidexmarket is nothing but a completely fraud, which is exactly consistent with the information above in WikiFX. Investors are advised to search relevant information on WikiFX APP about the broker you are inclined to trade with before finally deciding whether to make investment or not. Compared with official financial regulators which might lag behind, WikiFX is better at monitoring risks related to certain brokers - the WikiFX compliance and audit team gives a quantitative assessment of the level of broker regulatory through regulatory grading standards, regulatory actual values, regulatory utility models, and regulatory abnormality prediction models. If investors use WikiFX APP before investing in any broker, you will be more likely to avoid unnecessary trouble and thus be prevented from losing money! The importance of being cautious and prudent can never be stressed enough.

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.