Abstract:The victim thought they had found a risk-free investment opportunity, only to be trapped by the GlobTFX platform, losing all $277 of their funds! What happened? Let's uncover the truth behind this scam.
Recently, GlobTFX platform has once again drawn investor dissatisfaction due to its operational issues. One victim's experience revealed severe malfunctions during the trading process, resulting in the loss of all their funds — $277.
On February 2, 2025, while conducting a trade, the platform experienced a major technical failure that caused significant slippage, which led to the complete loss of the victim's investment. The victim stated that the loss was entirely due to the platform's failure, and despite multiple attempts to resolve the issue, the platform provided no effective solutions, instead deflecting blame and refusing compensation.
The investor hopes that the platform will take responsibility for the losses and help recover the funds. However, to date, the platform has made no substantial response, and the victim's funds remain unrecovered.
GlobTFX continues to experience technical issues that severely affect the security of investors' funds. Many users are beginning to question whether the platform's operations pose systemic risks, with some speculating that the platform's technical failures are being used as an excuse to avoid compensating victims. In such cases, investors should remain cautious and avoid falling into similar scams.
WikiFX: Providing Legal Support
Fortunately, WikiFX has been closely monitoring the situation and has exposed the relevant information in a timely manner. Not only has it helped collect evidence, but it has also coordinated with relevant channels to ensure that more people are aware of the truth behind this scam.
For investors still active on the platform, WikiFX advises, “Think twice before proceeding.” Don't easily trust high return promises. Platforms without proper regulation can hide unpredictable risks. The victim's experience serves as a warning, especially to those eager to make quick profits, to stay vigilant and protect their funds.
WikiFX will continue to follow the developments, advocating for further support for the victims and seeking to recover funds lost to illegal platforms. We also hope more victims will come forward, unite, and take a stand against scams.
The main trading dashboard account of a trader for LQH Markets was completely deleted by a broker. The trader is not being offered any access to their funds or profits. This incident shows the risks of trading markets and brokers and the importance of protecting your funds without relying on any broker.
PrimeXBT launches stock CFDs on MetaTrader 5, offering shares of major U.S. companies with crypto or USD margin for enhanced multi-asset trading.
FXTM and AvaTrade are two well-established online brokers offering forex and CFD trading across global markets. Both enjoy strong reputations and high ratings on WikiFX—FXTM holds an AAA overall rating, while AvaTrade scores 9.49/10, indicating they’re regarded as reliable choices by the community. However, since brokers have great reputation in the industry, how do we know which one is more suitable for individuals to invest in? Today's article is about the comparison between FXTM and AvaTrade.
Webull and SK Growth complete their business combination, with Webull now trading under the ticker “BULL.” App hits 50 million downloads worldwide.