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WikiFX Review: Is PX trustworthy?
Abstract：PX is an online forex and CFDs brokerage company offering financial services to its clients. But is PX trustworthy? Is PX a scam? Those are important questions that many traders are eager to know the answer to. Therefore, WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyse the reliability of this broker from specific information, regulation, and etc. And you should never miss it.
What PX is
PX is a Belize-owned broker, owned by a company called PX Fintech Limited. This broker luck some information and we don‘t know its specific address yet. According to WikiFX, PX has been given a very low rating of 1.28/10. WikiFX also verifies that this broke doesn’t have a legitimate license, the regulatory status it's claimed is suspicious, which means it isn't regulated by any regulatory institution. As long as they are not regulated, we suggest that it is your best option to stay away from this broker. Your money is risky under their management.
Unavailable website
Unfortunately, we can not open the website of PX for some reason. It is hard for us to understand this broker more deeply.
How the risk looks like
Most scam brokers are likely to try their best to persuade customers to invest with them. They are likely to forge some fake reports to make you believe that there are a lot of potential returns as long as you invest in them. Once you deposit, your money probably go shores where it disappears, so you will have almost no chargeback option left. They may also give you some profits to make you deposit more. Once the trap becomes so obvious, they will stop responding to you and your funds are no longer under your control.
Conclusion
PX is a suspicious broker that probably makes your money never come back. You need to avoid it since it potentially endangers your money. WikiFX contains details of more than 33,000 global forex brokers, which gives you a huge advantage while seeking the best forex brokers. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP for free through this link below (https://www.wikifx.com/en/download.html). Running well in both the Android system and the IOS system, the WikiFX APP offers you the easiest and most convenient way to seek the brokers you are curious about.
(Note: Because different regions or countries have different levels of regulatory strictness, the score of the same broker might be slightly varied in other regions or countries. For details, please consult WikiFX customer service.)
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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