Abstract:A trader using Alieus Capital has raised serious concerns about the broker’s practices. They have reported an unapproved withdrawal request pending since March 18, with no live support and unanswered emails, which led to concerns about the broker’s operations.
A trader using Alieus Capital has raised alarming concerns regarding the brokers operations and credibility. They have submitted a withdrawal request for their profit to the broker, evidently on March 18th, which still remains unapproved after over a month's wait.
While trading with a broker surely comes with several concerns and worries, trapped profits and denied withdrawals are the biggest scam of all, trapping the entire hard-earned funds of traders.
Heres what the disheartening truth behind Alieun Capital is, as stated by the trader -
I made $467 USD in profit, I made the withdrawal request on 03/18, but it has not been approved yet, there is no live support and they do not respond to emails. Stay away from this scam broker.
Trader has also attached the screenshot supporting their statements and concerns -
Not just the denied withdrawal with no update on their request, the trader also raises concerns about the brokers silent (possibly false) support system (just for showcase), with no live assistance options and no responses to emails.
The incident suggests that the broker might be intentionally delaying or blocking the withdrawals to withhold traders funds and generate more profits over the period. This entire scenario leads to some serious reliability and trust issues and is a possible indication of the new scam tactic opted for by the brokers.
As per the search results on WikiFX, the broker doesnt even have a reliable trust index, and its score remains as low as 1.67 out of 10. Furthermore, there is no license holding and “D” influence rating, which encourages customers to stay cautious of such platforms.
WikiFX also pops up a warning sign for the broker, stating - Low Score, please stay away!
The warning rises not just with the lack of license, but also the lack of any valid regulations and the rising number of concerning reviews and ratings from the current users. The traders experience aligns with reports of funds being held hostage, signalling significant risks.
Step 1: First of all, you will need to visit either the WikiFX website or download the WikiFX app.
Step 2: Log in or create a new account.
Step 3: Go to the homepage.
Step 4: Click on the ‘Exposure’ button present on the right-hand side of the homepage.
Step 5: Click on ‘Latest Exposure’ and then move to the bottom of the page.
Step 6: You‘ll be able to find the option to ’File a Complaint.
Step 7: Search for your broker to file your complaint.
Step 8: Enter a related to your scam experience with the broker.
Step 9: Mention all the details of your incident and attach some proof related to the encounter you had with the broker.
Step 9: Click on the ‘Release’ button to submit your complaint.
When dealing with your hard-earned money for investments and generating yield, there is a necessity to follow certain measures in order to stay clear of any scammy brokers and exchanges. One must -
Finally, it is essential for the traders to be cautious, especially the beginners, and take reliable assistance when dealing with investments.
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