Abstract:Super Profit 8, a broker that claims to offer high returns through an institutional terminal account, has been revealed as a fraudulent operation, preying on unsuspecting investors.

Super Profit 8, a broker that claims to offer high returns through an institutional terminal account, has been revealed as a fraudulent operation, preying on unsuspecting investors.
Background
Durga, a 32-year-old resident of the United Kingdom, shares his harrowing experience of being scammed by this deceitful entity. Durga was approached by individuals posing as investment advisors from the reputable JP Morgan. They presented Super Profit 8 as a sophisticated platform used by large organizations, leveraging its seemingly legitimate profile to lure him in. The advisors pointed out the platforms rating of 6.13/10 on WikiFX to bolster their credibility and convince Durga of their authenticity.
The Trap
Trusting their pitch, Durga proceeded to invest substantial amounts of money through Super Profit 8. The platforms customer service required all deposits to be made via crypto wallets, adding a layer of anonymity to the transactions and making it difficult to trace the funds. Screenshots of these deposits were provided in the customer service chats, further documenting the transactions.





The Scam Revealed
Despite multiple attempts, Durga found himself unable to withdraw any of his invested funds. The advisors who had been in constant contact with him on WhatsApp suddenly became unreachable, leaving him in the lurch. His efforts to get in touch with them or retrieve his money have been futile, revealing the true nature of Super Profit 8 as a scam operation.
Durga reached out to WikiFX, hoping to expose Super Profit 8 and recover his hard-earned money. This incident serves as a stark reminder of the perils of online investment scams and the importance of thorough research and verification before engaging with any financial entity.
Conclusion
Super Profit 8 has exploited the trust of investors like Durga Bhavani Gujju, using deceptive practices and fraudulent claims to siphon off funds. We urge all potential investors to exercise extreme caution and rely on verified, reputable sources before committing to any investment platform. WikiFX is committed to assisting victims of such scams and preventing further occurrences by raising awareness and providing necessary support.


Deriv stands as a colossal figure in the retail trading landscape, recognized for its extensive global footprint and a multi-jurisdictional regulatory framework that spans from Europe to Southeast Asia. With a WikiFX score of 7.04, the broker commands significant influence, particularly in regions like the UAE, Australia, and parts of South America. Established in its current form in 2019, Deriv markets itself as a flexible, tech-forward broker offering access to diverse markets via the MetaTrader 5 (MT5) ecosystem. However, recent data suggests a growing dichotomy between its high-level regulatory status and the ground-level friction reported by traders, particularly regarding capital accessibility and sudden policy shifts.

Do you think that TOPONE Markets’ forex trading rules need to change? Do these rules prevent you from earning profits? Does the forex broker adopt a dubious approach by ensuring fast deposits but delayed withdrawals? Have you witnessed forced liquidations of forex positions by the Cayman Islands-based broker? In this TOPONE Markets review guide, we have shared several complaints against the broker. Read on!

Is your Ox Securities trading filled with constant withdrawal denials? Have you faced unfair profit deduction and account closure here? Does the Ox Securities customer support team fail to answer your trading queries or issues? Have you had to face a rampant charge on your withdrawals? These issues have been highlighted by your fellow traders as they share the Ox Securities review online.

MIFX is a regulated Indonesian broker with STP licenses from BAPPEBTI, JFX, and ICDX. Learn how its oversight protects traders and ensures compliance.