Badmus is a forex beginner without experience of forex trading, and he lost all money when trading at ExpertOption for the first time. So he decided not to trade any more. On February 5th, 2020, he came across the same person, who worked for ExpertOption but now works for ALIFOREX. Badmus was attracted by this guys investment advertisement on YouTube and was invited to join a Telegram group, which provided customer service support to investors.To get more news about WikiFX, you can visit wikifx official website.
He invested 31USD BTC on ALIFOREX at the beginning and got 34.5USD after 24 hours. He felt good and decided to invest some BTCs worth of 276USD. According to investment levels, he would get 7% profits after 24 hours.
Badmus did not receive the money for a long time after submitting the withdrawal application, so he reported this issue in the Telegram group, and was told that the system error led to his failure of withdrawal, and they could do nothing about it. They added that the only solution was that Badmus needed to deposit again, then he can withdraw all the money in his account. Badmus felt confused and shocked. When the investor complained directly in the Telegram group, he was kicked out of the group.
Badmus chatted with a live support representative about how to withdraw, and was told that if he invites three people to invest 200USD each to them, he can withdraw. He had no choose but to ask his friends to invest on ALIFOREX. Unfortunately, the same issue also happened to his friends, who were unable to withdraw unless they deposited more .
Those kind of investment plans are obviously their tricks. They try to attract more people to join the scheme by showing high profits. But high profit is always accompanied with high risk, which is not quite legal in the field of investment.
Per checking WikiFX App, ALIFOREX has a poor rating of 0.99, and the broker currently has no valid regulation, bearing great risks. The broker is currently active on large social network such as Telegram and Facebook, please stay away!