Gradually, the Northern Hemisphere enters spring. With the recovery of the global economy, illegal forex brokers have also begun to emerge,
sharpening their swords to investors.To get more news about
WikiFX, you can visit wikifx official website.
We are all familiar with the spring (season), but this broker called “Spring” is not as “gentle” as investors think. Recently, WikiFX
received heavy complaints towards forex broker Spring (Spring
Information Ltd). One of the investors from Spain told WikiFX his
experience with the broker.
In December 2020, the investor got in contact with a Chinese girl named Ellie on Tinder. The conversation went pretty well on WhatsApp,
and soon she sent him photos of some money that she earned in her recent
transaction. It was $20,000. Then she sent him photos of some jewelry
made of diamonds and started to ask him how much he could earn
monthly.“Ellie suggests downloading MT5 on my mobile and starting some
trades in the demo account. I take the advice, and everything goes on
well.” The investor recalled.
Ellie's story was that she had an uncle telling her when was the moment to make transactions. Soon the investor made contact with the
girls broker to open a live account. After about 5 weeks of more or less
successful trades in XAU/USD, his funds was transferred to a Spring
Account. Then the investor was asked to invest all his money and kept
the minimum in his bank account for the daily necessities. The girl lent
him $20,000 and encouraged him to invest more. “She said I was her only
European friend, and she had taken a big leap forward in trusting me,
and I should do the same...but when I hoped to withdraw my fund, she
suddenly became insensitive” He sighed.
The next day the girl started to act distant with the investor, and after a few hours he couldn't deliver to her more messages on WhatsApp.
After one and a half weeks, he still couldn't deliver her any messages,
so he started to panic and tried to contact the customer service and
then... the customer service didn't reply either.
As per checking, Spring only has a rating of 1.13 on the WikiFX APP. It has been verified that this broker currently has no valid
regulatory information, please be aware of the risk!
