Broker Betrayal: Zero-Star Review Exposes Shocking Scam Tactics and Abusive Practices-INZO-Exposure-WikiFX

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Broker Betrayal: Zero-Star Review Exposes Shocking Scam Tactics and Abusive Practices

FX3859256402

3-5 years

Unverified

Exposure

I would give them zero stars. While I was trading, they changed my leverage from 1:500 to 1:20 without any prior notice or warning. When I inquired about this sudden change via live chat, they cited regulatory reasons, although their registration in SVG does not mandate such a change. This appears to be a significant scam in the market. When I decided to withdraw my funds, they requested a video selfie multiple times, which I provided, yet they repeatedly declined it. They then demanded a video conference on Google. Despite my acceptance, I had to wait for five of their staff to join the call and repeatedly requested to show my ID. This behavior is highly abusive and abnormal for a broker. Therefore, I rated them as zero stars and advise others to stay away from them.