WikiFX Exposure: LUNOTRADE will extort traders for them to withdraw their funds. Beware!

Last weekend, three traders reported to WikiFX customer service about their fraud experiences with the broker LUNOTRADE.

According to WikiFX's preliminary investigation, LUNOTRADE is not a licensed broker and does not have a license to operate. Upon checking their website, it was no longer accessible to the public. WikiFX is still in contact with traders to gather further information that may be sent to financial authorities for the first action.

The first trader who contacted WikiFX Customer Support said that a man named James Richardson claimed to be from LUNOTRADE and wanted him to transfer money so he could trade on his behalf, but James was nowhere to be seen after the money was placed on the given account (image shown below).

The whole story may be seen here: https://www.wikifx.com/en/exposure/detail/202208113612276470.html

The second trader, who contacted WikiFX Customer Support, said that a woman called Jane Masego Isikhathi claimed to work for LUNOTRADE and asked him to upgrade his account so he could take his winnings. She has also been informed that the funds would be sent to his bank account in two days (image shown below).

The whole narrative may be seen here: https://www.wikifx.com/en/exposure/detail/202208124942349277.html

Like the second trader, this third trader reported to WikiFX Customer Support that a person called Nelly Gumede claimed to work for LUNOTRADE and urged him to pay an extra R5000.00 after sending an initial R1000.00.

Nelly Gumede is unable to be located after moving all of his money to withdraw all of his profits.

The whole narrative may be seen here: https://www.wikifx.com/en/exposure/detail/202208126972355156.html

This is a kind of broker whose only purpose is to persuade customers to invest in their trading possibilities and to attract traders. They quickly go after they have obtained what they want. WikiFX constantly advises traders to utilize the WikiFX App before investing to instantly determine the broker's regulatory status, which is one of the most crucial things to know.

How can WikiFX assist traders in disclosing their unlawful activity to prevent other victims？

Step 1: Launch the WikiFX App or visit the WikiFX website.

Step 2: Navigate to the exposure section and click on it.

Step 3: Select the exposure option.

Step 4: On the Exposure form, select the report category. Enter the title, the description, and all of the proof.

Once filed, a WikiFX customer will contact you soon to conduct an investigation.

Download the WikiFX App from the App Store or Google Play Store to follow additional brokers' exposure on the move.