Beware of EAG Scammers Creeping on Social Media

Based on WikiFXs application, it is evident that EAG is not a trustworthy forex broker, to begin with. It did not hold any valid licenses, was only operating for a fairly short time and was not regulated by any authority. Therefore, EAG obtained a significantly low Wiki score based on our thorough review.

In todays article, WikiFX will be covering a case that was submitted by a user, named Refik regarding the scam of EAG. This user was approached by a stranger who pretended to be a good friend. This has become a common strategy used by fraudulent forex brokers nowadays as they start lurking on social media platforms to find their targeted prey.

For those that do not know, forex brokers should never ask for any form of payment for registration, deposit, and/or withdrawal purposes, as well as tax payments. If you have encountered such requests from your broker, that is a red flag that should never be taken lightly.

Rifka was told that the withdrawal amount would be hitting his bank account within 1 week, but he received nothing until the company cut off contact with him.

Through this evidence, it is clear that EAG had deliberately curated traps throughout the entire process.

Now that EAG has disappeared from the face of the earth, trading clients are faced with disappointment and despair without knowing where to trace their funds.