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:BlaFX faces scrutiny for withholding investor funds after payouts and questionable affiliations. Ensure broker reliability with WikiFX's thorough vetting and reviews.
The trading world has been buzzing with discussions regarding Bethel Aster Global Investment Limited, popularly known as BlaFX. There's growing concern that this broker might be involved in practices that border on scams or fraud. Here's an overview of the situation.
One investor's experience has shed light on BlaFX's questionable practices. After depositing a sum of 837 USD on 7/23/2023, this investor faced issues while trying to withdraw his funds. His initial withdrawal request of 220 USD was processed successfully. However, his attempt to retrieve the rest of his funds hit a brick wall. It appears that BlaFX holds onto the remaining funds, leaving the investor powerless to claim his own money.
Turning to their official website, Bethle Aster Global Investment Limited or BlaFX claims affiliations with both ASIC (an Australian Financial Regulator) and VFSC. This would typically reassure potential investors about the legitimacy of the broker. However, a deeper look paints a different picture. Verification attempts on the regulator's official sites show that while Bethle Aster Global Investment Limited is registered under ASIC, there's no record of them being associated with VFSC.
BlaFX Official Website
ASIC
You can access more of the complaints from BlaFX through the link below.
https://www.wikifx.com/en/dealer/9111629541.html
A closer look at BlaFX's offerings shows that they limit their investors to Copy-Trading. This restricted trading method, combined with their questionable withdrawal practices, raises several red flags.
WikiFX serves as a comprehensive tool for investors navigating the ocean of brokers. Here's how it supports investors:
Vetted Broker Listings: WikiFX lists numerous brokers, but not without a thorough check. It verifies broker credentials against official records, like how BlaFX was found registered with ASIC but not with VFSC.
Up-to-date Reviews: The platform offers the latest reviews from other investors and traders. These first-hand experiences give invaluable insights into the brokers' practices, helping newcomers make informed decisions.
Alerts on Questionable Practices: WikiFX isnt just about showcasing reliable brokers; it also flags off those with dubious operations. This preventive measure ensures that investors are forewarned about potential scams.
For those looking to safeguard their investments and avoid falling prey to unreliable brokers, WikiFX serves as a valuable tool. It helps investors identify and choose regulated brokers. A well-informed investor is a protected one.
It's essential to stay updated about brokers and their practices. The WikiFX App offers the latest updates and reviews about various brokers, ensuring you make informed decisions. To keep yourself in the loop, download the WikiFX App here: https://www.wikifx.com/en/download.html. Remember, it's not just about growing your funds, but also ensuring their safety.
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.
With the rapid growth of the global multi-asset investment market, the disparities in the forex industry across different regions have become increasingly evident. As a forex broker information service platform operating in over 180 countries and regions, WikiFX is committed to helping investors in each region identify reliable brokers. Therefore, WikiFX launched a new series — Close Up with WikiFX, which offers in-depth interviews with local brokers. Leveraging WikiFXs robust big data system and industry insights, the series aims to help investors gain a deeper understanding of high-quality brokers.
Is AMarkets legally licensed? Discover the truth about AMarkets’ regulation, licensing status, and compliance before you start trading with this broker.
There are many brokers that offer too many promotions. Have you ever wondered why they do this? This Could be the story of Markets.com. Before you choose Markets.com, read about the hidden risks they never openly talk about.
An indictment was leveled against two men in the District of Puerto Rico for their alleged involvement in the operation and promotion of OmegaPro, an international investment scheme that has led to financial losses worth over $650 million for investors. Check more about this story