Scammed by a Broker? See How WikiFX Gets Traders’ Money Back

WikiFX: More Than a Broker Search Tool

Many traders know WikiFX for its regulatory database, which allows users to check the authenticity of a brokers licence across more than 30 financial authorities worldwide. But fewer realise that WikiFX also acts as a dispute resolution platform, supporting traders who have fallen victim to unlicensed or dishonest brokers.

The Exposure section has become one of the platforms most active features. Here, traders openly share their negative experiences, whether it is delayed withdrawals, vanished deposits, or unfair account closures. These posts not only give victims a chance to seek help but also warn other traders about the risks associated with the same broker.

How does WikiFXs Exposure and Rights Protection Features Work

1. Download the free WikiFX mobile application on both Google Play and the App Store.
2. On the apps homepage, tap “Exposure”. Then, provide details of your unresolved case, supported with screenshots, receipts, or correspondence.

The more information provided, the faster WikiFXs rights protection team can investigate. Once published, the case becomes visible to millions of users and to the broker in question, creating pressure for a resolution.

Within the Rights Protection Centre, users can also track the progress of their cases, browse successful mediations, and learn how other traders have recovered funds with WikiFXs assistance.

Real Results for Real Traders

WikiFX has already helped more than 15,000 traders worldwide recover their money, with disputed funds amounting to over USD 66 million. These are not theoretical figures - they represent life savings, trading profits, and hard-earned deposits that could have otherwise disappeared into the pockets of dishonest brokers.

Here are a few success stories featured in the Rights Protection Centre:

• Case 1:

  The trader, “Tako5425,” reported that after opening a GVD Markets account and passing full KYC at a Dubai expo, their withdrawal request was delayed for over two weeks. Despite fulfilling further bank and address verification, the broker abruptly labelled their activity as “irregular trades,” closed the account, and only offered to refund the principal by locking the trader out entirely.

WikiFX stepped in on July 28, as “Start Mediation,” followed by its Mediation Center verifying the issue and contacting the broker. Within three days, communication resumed, and GVD Markets confirmed that the initial deposit had been refunded, albeit without trading profits.

https://www.wikifx.com/en/exposure/safeguard/COG20250728111010419128172.html

Case 2:

The trader reported that XM executed an unauthorised deduction of USD 248 from their account and refused to process a withdrawal. WikiFX initiated mediation on July 23 via its Overseas Customer Service, confirmed the issue on July 24 through the Mediation Center, and escalated the matter by contacting XM. Following the investigation, XM responded by August 1, citing a violation of terms, specifically linking the account to a suspended one, and declared that all profits were voided. Through mediation, the principal amount of USD 248 was refunded by August 31, resolving the complaint.

https://www.wikifx.com/en/exposure/safeguard/COG20250723081513268866035.html

• Case 3:

  The trader reported that Exness blocked their ability to trade and process withdrawals, withholding a requested amount of USD 2,657 for over 31 days. WikiFX promptly opened a mediation case through its Safeguard platform, where its Mediation Center confirmed the situation and reached out to Exness for resolution. The broker initially imposed unexplained restrictions, but following communications facilitated by WikiFX, the withdrawal was finally approved. The full amount of USD 2,657 was released to the trader, successfully resolving the complaint through effective mediation.

  https://www.wikifx.com/en/exposure/safeguard/COG20250526100654476288470.html

Every unresolved case published on the Exposure page contributes to greater transparency in the forex market. For newcomers, it serves as a warning system: unreliable brokers are quickly revealed by the sheer number of complaints against them. For victims, it provides both visibility and support that transform individual struggles into collective protection.

Fraudulent brokers thrive when traders remain silent. WikiFX empowers traders to speak up, seek justice, and protect one another. With its combination of broker verification, exposure reporting, dispute mediation, and the Rights Protection Centre, WikiFX has become more than a reference tool; it is also now a global safety net for the trading community!

If you ever encounter issues with a broker, remember: you are not alone. WikiFX is ready to help you recover your funds and safeguard your trading journey.