"Broker suddenly stopped withdrawal"- User Said

An Indian user filed a complaint against One Ozo on WikiFX. In his complaint, the complainant wrote, “Out of 5000 dollars, broker used to pay only 850 dollars. Broker ran away. Now neither the website is opening nor is there anything in it.” Further, he added.

He invested a decent amount of money with the broker but later on after 5-6 months. The broker suddenly stopped withdrawing. Victim also shared broker's reply which says:

Hello dear user,

We wanted to update you on a recent decision made regarding investment withdrawals.Due to the current business environment and the need to ensure the long-term sustainability of our company, we have implemented a new policy regarding investment withdrawals. Moving forward, in order to withdraw your investment, we kindly request that you bring in two investors who are willing to invest an amount equal to your initial investment. Additionally, the entire investment must be in cash.

Victim Said, “Without any reason, the broker removed my 50000 total. Now its showing 00000. The victim beware others by saying please Stay away from this broker. It is a complete scam.”

WikiFX Review

When we searched for One Ozo on WiKiFX, we discovered its an unregulated and low-score broker. Another red flag we noticed is that WiKiFX issued a warning, thereby stating:

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!

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