Swissquote Scam Alert: 53/64 Negative Cases Exposed
Swissquote has 53/64 negative cases on WikiFX despite regulation (FINMA/FCA). Reports cite deposit delays & withdrawals. Avoid scams, read exposure now!
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Abstract:In this article, we introduce Saxo, IB, TriumphFX, SaracenMarkets, Webull, eToro, CMC Markets, ActivTrades, TOPONE Markets, and IronFX—linking directly to their WikiFX profiles. We will give you a close look at these brokers based on their basic info, updates, feedback, etc.

In this article, we introduce Saxo, IB, TriumphFX, SaracenMarkets, Webull, eToro, CMC Markets, ActivTrades, TOPONE Markets, and IronFX—linking directly to their WikiFX profiles. We will give you a close look at these brokers based on their basic info, updates, feedback, etc.
Saxo Bank
https://www.wikifx.com/en/dealer/0001734976.html
basic Information
Headquartered in Copenhagen, Saxo Bank is a Danish investment bank founded in 1992, offering Forex, stocks, CFDs, futures, and more through its SaxoTraderGO and SaxoTraderPRO platforms.
Recent updates
In March 2025, J. Safra Sarasin agreed to acquire a 70% stake in Saxo Bank for €1.1 billion, valuing the bank at €1.6 billion.
Saxo holds an overall Trustpilot rating of 3.7/5 (global reviews) and 4.4/5 for Saxo Switzerland, with users praising fast execution but noting occasional platform glitches. On WikiFX, there are more than 30 complaints against this broker. One of the traders claimed this broker “scammed the people.”

Interactive Brokers (IB)
WikiFX: https://www.wikifx.com/en/dealer/0001646186.html
Basic Information
Founded by Thomas Peterffy in 1977, IBKR offers direct-market access across 160+ venues, with advanced trading tools in IBKR Desktop and TWS.
Recent Updates
In April 2025, IBKR launched “Forecast Contracts” in Canada, letting clients trade on economic and political event outcomes.
IBKR averages ~3.2/5 on Trustpilot, with complaints about UI complexity and opaque fee structures, but praise for low commissions.
On WikiFX, there are more than 10 complaints against it. Some traders claimed this broker doesnt allow withdrawals. You can go to the WikiFX IB page for more information.

TriumphFX
https://www.wikifx.com/en/dealer/9271730731.html
Basic Information
Launched in 2018, TriumphFX provides MetaTrader 4 access, competitive spreads, and 24/5 support. TriumphFX recently rolled out a zero-swap weekend program for Islamic accounts, drawing regional trader interest.
Holds 4.0/5 on Trustpilot (≈1,200 reviews), with users lauding responsive support, but some reporting slow withdrawals. On WikiFX, we also find nearly 30 complaints. Some brokers claimed that this broker is a scam.

SaracenMarkets
https://www.wikifx.com/en/dealer/1298146894.html
Basic Information
Established in London, SaracenMarkets is known for institutional-grade pricing and FIX/API connectivity.
Recent Updates
Announced integration with Refinitiv data feeds in May 2025 to enhance liquidity selection.
There are also mixed comments on WikiFX:
Webull
https://www.wikifx.com/en/dealer/1238913678.html
Basic Information
Webull began in 2017 as a mobile-first US broker offering commission-free stocks, ETFs, options, and now forex.
https://www.wikifx.com/en/dealer/0001283907.html
Founded 2007, eToro pioneered social trading—with copy portfolios and crypto on its multi-asset platform.
CMC Markets
https://www.wikifx.com/en/dealer/0361475237.html
ActivTrades
https://www.wikifx.com/en/dealer/2074003578.html
TOPONE Markets
https://www.wikifx.com/en/dealer/1361638425.html
https://www.wikifx.com/en/dealer/4697460442.html
Click your preferred broker above to read full reviews and join the conversation on social media!

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.

Swissquote has 53/64 negative cases on WikiFX despite regulation (FINMA/FCA). Reports cite deposit delays & withdrawals. Avoid scams, read exposure now!

Money Plant FX is offshore, unregulated, and flagged high risk, with traders alleging zeroed balances. Check the facts before you open an account.

When looking at a forex broker, traders often find confusing and mixed information. This is exactly what happens with ACY Securities. On one side, it's a broker that has been operating for 10-15 years and has a good license from the Australian Securities and Investments Commission (ASIC). On the other hand, there are many serious complaints that show a very different story. As of early 2026, websites, such as WikiFX, have lowered the broker's score because they received over 156 user complaints, with a total of 182 "Exposure" reports filed. This creates a big problem for people who might want to use this broker. The main question this article will answer is: Is ACY SECURITIES legit, or are the many ACY SECURITIES scam claims actually true about how it does business? We will look at facts we can prove, study the broker's rules and regulations, examine the patterns in user complaints, and give a clear, fact-based answer about the risks of working with this broker. Our goal is to cut thr

ACY Securities shows a complicated picture for traders. On one side, it is a well-known broker that has been running for more than ten years and has a license from a top-level regulator. On the other side, it is a company that faces many serious complaints from users and official warnings from several international financial authorities. This ACY SECURITIES Review aims to explain these differences. We will give a fair and thorough analysis of both what the broker advertises and the serious risks that users have reported. At its heart, ACY Securities is a story of attractive trading conditions that are overshadowed by major user complaints and questions about whether it can be trusted. Our goal is to examine the facts, look at the evidence, and help you make a completely informed decision about your capital’s safety.