Hey all. I just want to warn you about Wikifx and their sketchy and doubtful posts recently. They have been trying to post about Olymp Trade being a scam company and they write false claims on their page and website that clearly shows unverified information. Also, one simple research will show that the "facts" in their article can easily be disproved by google and the truth.

Anyway, in the middle of all this, it's also worth pointing at that they are getting what they deserve from social media. Look at these photos below showing how people are disproving their claims. So let this be a reminder to always be critical of everything we see online!

Nigerians are criminals and scammers very religious and corrupt

Goodman247:
Nigerians are criminals and scammers very religious and corrupt

You know what's surprising about this? The managers of the wikifx facebook page are not even from nigeria. you can see on Facebook that they are from France and China.

How can anyone in the world trust wikiFX? They claim to provide their broker's ratings for free. Their database is huge. This is very expensive to run a website like that. Many people work on the contend and stability of the database. And there is no single ad there!! How do you think they are making money?
1. By promoting chosen brokers and hiding the fact they get paid for doing that
2. By blackmailing other brokers
3. Both of the above
My bet is the third one.

Anayalv:
How can anyone in the world trust wikiFX? They claim to provide their broker's ratings for free. Their database is huge. This is very expensive to run a website like that. Many people work on the contend and stability of the database. And there is no single ad there!! How do you think they are making money?
1. By promoting chosen brokers and hiding the fact they get paid for doing that
2. By blackmailing other brokers
3. Both of the above
My bet is the third one.

One quick look at the WikiFX website you can really notice the things that you mentioned. Its just so bad cause they do a lot of reviews but then if you are a seasoned trader, you can notice that a lot of these reviews are not real. But if you're a newbie, it might be easy to believe in those reviews in their website. Which could lead me to false information.

How on earth can some group of anonymous people will just think that we should suddenly belief their personal opinions about reputable and reliable brokers that some of us have been using for years. Are they even traders themselves? How many years of trading experience did they have in the financial markets? Also, what is more disturbing is that they are not providing an open platform for genuine traders to post their complain. By doing this, they would have transparently proved how they provided aid to help the so called scammed traders seek redress or refund. If they are not scammers themselves, trying to push some tricky spams over our minds, they should provide all the transparent details for open and truthful verification of their claims. To be an alarmist in the midst of a robbery squad, is to distract the innocent victims from calling the police. Many traders are wise enough never to fall for that old trick. You can never fool me to choose your secret broker sponsors, when I have never seen anything wrong with my own brokers for years. Time will tell!

Evidence is the end of all arguments. The information in the following three articles showed that WikiFx should not be taken seriously at all.

(1) https://media.fullertonmarkets.com/fullerton-markets-demands-wikifx-to-correct-inaccuracies-published-on-its-site
https://directory.financemagnates.com/view-news/fullerton-markets-demands-wikifx-to-correct-inaccuracies-published-on-its-site/13192
(2) https://www.reddit.com/user/WorriedXVanilla/comments/imdwow/wikifx_the_murky_business_and_the_murkier_methods/
(3) https://www.forexpeacearmy.com/community/threads/wikifx-protection-project-guards-investors-against-brokers-bankruptcy.61473/?fbclid=IwAR37qhuKYwDlnorRfq73Ym-vNs_laFF0JLhGMvPiODcLh-dmyk8s-Zko4vU

Check them out, and know the truth before calling any broker scam or not.
WikiFx should never be trusted!