Beware of SpringFX Signals' Honeytrap

“I was first contacted by the broker through Instagram. Her name is Nappy Terry. She insisted that I invest money with the broker. After some days, I got convinced, and first I invested 50 dollars in their platform, Spring FX Signal through Bybit.” These are the words of a complainant who recently filed a complaint against Spring FX Signal on WikiFX.

Victim Further said “They told me how to withdraw my profit from my wallet. It was rightly withdrawn. A few days after that I tried to withdraw 88$. Then it came pending. Then I contacted the broker. Said my profit is pending. They gave me a telegram number and said. These are the admins. Contact them”

“Accordingly, I contacted the admin. They said I can withdraw my profit only after investing 210$. So again I borrowed 210$ and invested. First, they told me that we will get 12% daily profit from how much we invest. So after investing 210$ they saw 9170$ in my account. I couldn't believe it. Because I am sure that I will never get that much profit for my invested money. The 88$ I withdrew is now showing as completed but has not been credited to my paycheck.” Victim added. He attached screenshots of all this incident with us. Have a look and Beware.

WikiFX Review

When we searched for Spring FX Signals on WikiFx. We discovered it is an unlicensed broker with a very low score of 1.10 out of 10. It does not have a license from any reputed authority. WikiFX also issued a warning against the broker, stating that Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The current information shows that this broker does not have trading software. Please be aware!

To expand your knowledge and stay informed about the forex market. Download WikiFX app on your phones.