Chinese Association of Idaho State University (CAISU)
An investor complained against UniversalFX, saying that the broker charged extra “tax fee” before approving his withdrawal application.To get more news about wikifx, you can visit wikifx news official website.
One of his friends introduced to him a trader named Michael O Bolton, who worked for UniversalFX. The investor was invited to join a Facebook group, which provided customer service support to customers. The investor bought US$2,720 of BTC at UniversalFX. After a few months, his investment had grown to US$28,500.
The investor filed a withdrawal application and was informed by Michael O Bolton that he needed to pay 10% extra tax fee before withdrawing. The investor was wondering why UniversalFX did not deduct it from his account balance, but needed an additional payment, so he asked the UniversalFX whether they can charge it from his account balance. But the trader, Michael O Bolton, rejected the proposal by saying that UniversalFX never allowed such a practice, and the investor was later blocked by Michael from the Facebook group. UniversalFX refused to approve his withdrawal application unless he pay the so-called tax.
At the beginning of this article, WikiFX has mentioned that UniversalFX is a suspicious clone broker, which can be seen from the licence below. The broker truly regulated under this license is SUPER PTY. LTD.
Per checking WikiFX App, UniversalFX has a poor rating of 0.99, and the broker currently has no valid regulation, bearing great risks. The broker is currently active on large social network such as Telegram and Facebook, please stay away!
The article evidence exposed by WikiFX is verified by the following processes:
1: Evidence Collection: (Chatting history records, Trading history records, Banking Transaction records and recording videos from victim).
2: These evidences will be evaluated and verified by expert who has been work in forex industry for many years.
3: The editor will review it again before the article is published.if you want know more,Download wikifx