Warning! Dask Finance does not allow a client to withdraw and even put forward unreasonable demands

About WikiFX

WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.

About Dask Finance

Dask Finance is an online forex broker offering It is registered in the United Kingdom. Dask Finance Limited offers its clients a wide range of trading instruments, including forex, indices commodities, etc. Dask Finance offers clients leverage of up to 1:400, which is considered high. Please note that high leverage can amplify benefits as well as losses. Inexperienced traders and newbies need to understand the potential risks before investing in this broker. When it comes to Customer Service, Dask Finance Limited allows its clients to quickly access its customer care 24x 7 through an online chat with its clients, Line, as well as email.

Trading Platform Available

Dask Finance Limited offers its clients access to the leading MT5 trading platform, featuring multiple technical indicators, and powerful charting tools, enabling traders to operate trading bots such as EA and study financial markets. Dask Finance Limiteds trading platform can be accessed from any device for you to trade anywhere, at any time.

Regulation: Is Dask Finance legit？

Dask Finance was regulated by the National Futures of Association (NFA), with Regulatory License No. 0547768. However, according to WikiFX, the status of this regulation is abnormal. On the WikiFX website, it is considered an unregulated broker. Once something goes wrong, it is very difficult to hold it accountable.

The complaint from a victim

Recently, WikiFX receives a complaint from Mr. Woodburn, an American trader who invested in Dask Finance. This trader told WikiFX that Dask Finance refuses to let him withdraw. Even worse, Dask Finance asks this trader to pay an extra deposit if he insists to withdraw.

Mr. Woodburn, who is from California, is the victim of this case, he told WikiFX about the situation he met while investing in Dask Finance. This is real-name reporting. And above is the victim‘s driver’s license. Mr. Woodburn contacted WikiFX and reported Dask Finance to WikiFX. He hoped to get help from WikiFX.

On WikiFX website, Mr. Woodburn complained that he cannot withdraw. And Dask Finance asked for a $20,000 deposit via US DT if Mr. Woodburn insisted to withdraw. The trader indicates that Dask Finance is conducting an illegal financial activity.

Mr.Woodburn tried multiple times to withdraw his money from his account, but it ends up failure.

According to the above, we know that Dask Finance accused Mr. Woodburn of violating United Nations‘ Anti-Money Laundering Convention. Dask Finance deemed that Mr. Woodburn’s account is suspected of money laundering, More specifically, Dask Finance thinks this account is recharged using channels of different nationalities.

According to the conversation between Dask Finance and Mr.Woodburn, we can see that Dask Finance claimed his account violates the Money Laundering Convention. Dask Finance asked Woodburn to pay a security deposit of 20,000 USDT before he can withdraw. After that, Mr. Woodburn can withdraw all of his money, including the principal. In addition, Dask Finance also give him a deadline, Mr. Woodburn has to complete the payment within one week, otherwise, his account will be permanently suspended.

Conclusion

We believe that Dask Finance is getting involving in a scam. Protecting the legitimate rights and interests of forex traders are always the primary concern of WikiFX. The reason why WikiFX exposed this case to the public is to remind all traders of the potential risks. We are After all, what happened to Mr. Woodburn could happen to any of us. All traders should be vigilant when investing in a broker.

WikiFX is actively reaching out to the victim and other traders hoping to find more evidence to help him resolve the problem. Please stay tuned for more information.

WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!