WikiFX Review: what you should know about Plexus Finance

First and foremost, according to the brokers official website, Plexusfin.com claims to be a brand of Plexus Finance Limited with licenses from multiple regulators - FCA, ASIC and CySEC.

However, the British regulator FCA issued a warning against Plexusfin.com days ago, effectively exposing it as a scam scheme. The authentic Plexus Finance has nothing to do with Plexusfin.com – the latter is a clone firm abusing the corporate information of the former. You may check the warning on the screenshot below:

In its publication, the FCA confirms that Plexusfin.com is a clone firm and advises that people should stay away from Plexusfin.com. It‘s a scam, and you should avoid it, or otherwise, you’ll lose money to fraud if you deposit!

WikiFX also made the effort to check the registers of CySEC and ASIC, but in vain – no company or broker by the name of “Plexus Finance” was to be found there:

Furthermore, Plexusfin.com says that its trading software is AI-powered, stable, quick and so forth. Nevertheless, WikiFX was not able to reach the software as there were no download links on the website, and the registrations were impossible because of the necessary Promo code. This is a red flag, actually, as legit brokers will always allow customers to register, open a demo account and test the trading software before a deposit. Plexusfin.com doesn‘t do so, and you should know that it’s always a warning sign if the brokers services are bound with mandatory access codes!

Now let's search “Plexus Finance” on WikiFX APP to find out more about this broker. 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.

As you can see, based on information given on WikiFX, Plexus Finance currently has no valid regulatory license and the score is rather negative - only 1.00/10! WikiFX gives brokers a score from 0 to 10. The higher the score is, the more reliable the broker is.

Investors are advised to search relevant information on WikiFX APP about the broker you are inclined to trade with before finally deciding whether to make investment or not. If investors use WikiFX APP before investing in any broker, you will be more likely to avoid unnecessary trouble and thus be prevented from losing money! The importance of being cautious and prudent can never be stressed enough.

In a nutshell, it's not wise to invest in Plexusfin.com.The British regulator FCA has issued a warning stating that Plexus Finance is an unauthorized fraudulent enterprise that is trying to clone a regulated broker.

WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed.