SogoTrade Fined $75K Amid Compliance Failures
FINRA fines SogoTrade $75,000 for market access control failures as TopFX advances synthetic indices trading and 24/7 multi-asset solutions.
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:Are BingX officials with you when you lose your trade? Do these officials apply restrictions on withdrawals as you earn profits? Do you lose access to BingX com login after earning profits? Does the US-based forex broker block your trading account in such situations? Failing to get key trading data access from the broker? These issues have been affecting many traders at BingX. In this BingX review article, we have shared some complaints. Take a look!

Are BingX officials with you when you lose your trade? Do these officials apply restrictions on withdrawals as you earn profits? Do you lose access to BingX com login after earning profits? Does the US-based forex broker block your trading account in such situations? Failing to get key trading data access from the broker? These issues have been affecting many traders at BingX. In this BingX review article, we have shared some complaints. Take a look!
Traders constantly report that there is no problem when depositing, and when trades are shown in red. As trades turn green on the BingX App, the broker turns ugly and is accused of having blocked trading accounts. One may look for a BingX App download again. However, the login access does not get restored, as it may seem from the complaint. Here are multiple screenshots in support of this complaint.


Traders can also face sudden restrictions when trading through the BingX app, taking cues from the complaint screenshot shared below. The traders journey with the trading app started on a good note with seamless services. However, all of a sudden, the trader was debarred from trading, prompting him to share this long, negative BingX review.

Transparency is key to sustaining a forex business for a long time. As a trader, one would want access to key data, such as internal logs, transaction history, order book snapshots, etc. Failure to access such data can lead to trading inefficiencies. A trader pointed out this grave issue loud and clear. Sharing a screenshot elaborating on the problems faced by the trader due to a lack of trading data access.

Traders also accuse the broker of having been involved in price manipulation, piling on the losses for them. Upon BingX com login, traders often fall prey to price manipulation and suffer a loss straightaway. A trader recently, while sharing the BingX review, narrated an example showing how the broker drives price manipulations to make traders lose. The trader also spoke about the unprofessional customer support service. Here is a complete narration of the financially harrowing incidents that traders usually go through on the BingX app download and login.

While investigating BingX, the WikiFX team found it to be unlicensed. This revelation explained the financial misery of traders here. As a result, the team gave it a score of just 1.54 out of 10. Doing forex transactions with unregulated brokers, such as BingX, inevitably leads to losses.
For more information about the forex trading landscape, be part of these groups (OIFSYYXKC3, 403M82PDMX or W2LRJZXB7G) by following the instructions shown in the image below.

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.

FINRA fines SogoTrade $75,000 for market access control failures as TopFX advances synthetic indices trading and 24/7 multi-asset solutions.

A WikiFX review of Zeven Global reveals the absence of regulatory licensing, a low safety rating, and potential risks to investor protection.

As the new year begins, WikiFX extends our sincere gratitude to traders worldwide, our industry partners, and all users who have consistently supported us.

Dear Forex Traders, When choosing a forex broker, have you ever faced these dilemmas? Dozens of broker advertisements, but unsure which one is truly reliable? Online reviews are either promotional content or outdated/incomplete? Want to learn about real users’ deposit/withdrawal experiences but can’t find firsthand accounts? Now, your experience can help thousands of traders and earn you generous rewards! The campaign is long-term and you can join anytime.