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" BROKERS WITH THE MOST COMPLAINTS" IN INDIA

WikiFX | 2024-04-02 17:16

Abstract:Pay Attention! In this article, we have compiled a list of the most-compliant Forex brokers that have received the highest number of complaints in the previous month. Have a look at the list, and beware.

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Pay Attention! In this article, we have compiled a list of the most-compliant Forex brokers that have received the highest number of complaints in the previous month. Have a look at the list, and beware.

• FXOpulence

• ProEquityMarkets

• XFlow Markets

FXOpulence, an Australian-based brokerage established in 2012, offers traders a comprehensive range of trading options, including Forex, Indices, Cryptos, Metals, CFDs. FXOpulence offers two main account types, Classic and ECN, both with a minimum deposit requirement of $100, which ensures accessibility to a wide range of traders. Traders on FXOpulence can benefit from a maximum leverage of 1:500, allowing them to amplify their trading positions and potentially increase their profitability. The spreads offered by the broker are starting from as low as 0.7 pips for ECN account holders.

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ProEquityMarkets, founded in the United Kingdom in 2023, provides a diverse array of trading assets, including forex, metals, cryptocurrencies, and commodity future CFDs. Boasting a maximum leverage of 1:1000 and various account types accommodating diverse trading preferences, the platform offers flexibility for traders. The transparent fee structure, supported by the reliable MetaTrader 4 (MT4) trading platform, and multiple deposit options with no fees contribute to a user-friendly experience.

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XFlow Markets, a trading name of XFlow Markets LLC, is a forex brokerage registered in Saint Vincent and the Grenadines, allegedly offering its clients access to over 200 trading instruments, variable spreads from 0.3 pips, leverage up to 1:500, as well as 24/5 customer support service.The company provides different account types, such as the FlowX Account, ProX Account, and RawX Account, catering to different trading needs and preferences. XFlow Markets offers a range of trading platforms, including MetaTrader 4 (MT4) and their own proprietary platforms like XFlow, xTab, xMobile, and xAPI. These platforms provide traders with various features, such as charting tools, real-time data, and automated trading options.

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We provided the general information about the brokers. WiKiFX recommends you always dig deep before investing your valuable money with any broker. When we searched for these brokers on WiKiFX, We discovered all of these are unregulated and low-score brokers. Therefore, Its It is risky to catch up with these brokers. Stay away from them.

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Related broker

No Regulation
XFlow Markets
Company name:XFlow Markets INC
Score
1.52
Website:https://www.xflowmarkets.com/
5-10 years | Suspicious Regulatory License | High potential risk |
Score
1.52
Scam Brokers
FXOpulence
Company name:FX OPULENCE PTY LTD
Score
1.50
Website:https://fxopulence.com/
Scam Brokers | 5-10 years | Suspicious Regulatory License | Suspicious biz area
Score
1.50
No Regulation
ProEquityMarkets
Company name:ProEquityMarkets
Score
1.37
Website:https://proequitymarkets.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.37

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