Pocket Broker Review: Why Traders Should Avoid It
Pocket Broker review highlights user complaints of blocked accounts, rejected withdrawals, and fraudulent practices.
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:The Financial Conduct Authority (FCA) has issued a warning regarding a forex scam involving a company named DtpFx Ltd. Despite being warned, it continues to engage in deceptive behavior. In order to persuade investors, the con artist uses enormous leverage and the promise of financial rewards. The true identity of this organization ought to be known by every Forex trader.

The FCA has warned about a forex fraud called DtpFx Ltd. Despite being warned, it has not ceased its fraudulent activities. The con artist entices investors by promising incentives and excessively high leverage. Every forex trader should be aware of this company's genuine identity.
WikiFX continuously monitors unregulated brokers since there have been a lot of fraudulent activities going on throughout the world.
The whole story on DtpFX being warned by FCA can be seen here: https://www.wikifx.com/en/newsdetail/202209296284865969.html
Here are some of the conceivable instances in which DtpFX defrauded its investors.
Bonuses are a frequent way for forex brokers to recruit consumers. Similarly, in DtpFx Ltd, the fraudster promises $100 to anybody who registers. Some risk-taking investors may not find the $100 incentive appealing. However, if the $100 is traded using the leverage available, the trading volume should not be underestimated.

Once the trader would like to withdraw some of his earnings, customer support will no longer be found.
Here are some examples of scammed incidents
This trader was invited by somebody who claimed from DtpFX. The dealer was able to deposit money after engaging in pleasant talks. The trade went well, so he tried to withdraw part of his profits, but the support was no longer accessible. This is an example of being quickly swayed by the offer, as many unregulated brokers are, without additional investigation into the broker's regulatory status.

Meanwhile, WikiFX, as a worldwide corporate financial information search engine, may reveal an unregulated broker's unlawful practices and potentially retrieve your assets with the aid of the regulator and authorities. However, since the broker went down and was unavailable even on their official website in order to deceive customers, this situation may take some time to settle.
DtpFX may resume operations under a new name, however, WikiFX guarantees that this broker will be watched and followed to ensure that they do not defraud customers again.

Here is where you can check DtpFX evaluation by WikiFX: https://www.wikifx.com/en/dealer/2093889624.html
The WikiFX Mission
Its primary duty is to give the included foreign exchange trading organizations with basic information searching, regulatory license seeking, the credit assessment, platform identification, and other services.

WikiFX may also assist traders who have been duped by unregulated brokers in reclaiming their monies. WikiFX has collaborated closely with 30 financial regulators globally.
To learn how to report unlawful activity committed by an unlicensed broker. Contact information is provided below.

Stay tuned for more Scam News.
Download the WikiFX App from the App Store or Google Play Store.

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.

Pocket Broker review highlights user complaints of blocked accounts, rejected withdrawals, and fraudulent practices.

WikiFX Golden Insight Award uniting industry forces to build a safe and healthy forex ecosystem, driving industry innovation and sustainable development, launches a new feature series — “Voices of the Golden Insight Awards Jury.” Through in-depth conversations with distinguished judges, this series explores the evolving landscape of the forex industry and the shared mission to promote innovation, ethics, and sustainability.

WikiFX has launched the “Inside the Elite” Interview Series, featuring outstanding members of the newly formed Elite Committee. During the committee’s first offline gathering in Dubai, we conducted exclusive interviews and gained deeper insights into regional market dynamics and industry developments. Through this series, WikiFX aims to highlight the voices of professionals who are shaping the future of forex trading — from education and compliance to risk control, technology, and trader empowerment.

Has eFX Markets taken away your deposited capital? Faced losses due to manipulative ‘stop loss and take profit’ orders? Were you denied fund withdrawals because you did not finish your trading lot? Did the broker lure you into trading through a fake welcome bonus and scam you later? Traders have accused the Virgin Islands-based forex broker of driving these fraudulent practices. In this eFX Markets review article, we have shared some complaints against the broker. Take a look!