FIRST STATE FUTURES Review: Is This Regulated Broker Reliable?
Discover the truth in our FIRST STATE FUTURES review. Learn about regulation, MT4 login, and trading assets with this Indonesian Forex broker. Read more!
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Scam Alert: Beware of the Unlicensed Forex Broker SoegeeFX
Abstract：Scam brokers are working under sketchy strategic approaches. Those unscrupulous trading brokers are recognized to cheat innocent investors of their hard-earned money illegally.
Company history starts in 2011
SoegeeFX says it is a a brokerage company established in 2000, the leading Indonesia's best forex specialists. However, its domain name (https://soegeefutures.com/) check result shows that it was first created in 2011. So how could it start its business in 2000？ It is a red flag here.
Supervision under Indonesian BAPPEBTI
As a brokerage entity, SoegeeFX claims to be a member of the Jakarta Futures Exchange and the Indonesian Futures Clearing House (Persero), supervised by BAPPEBTI - Ministry of Trade of Republic of Indonesia.
We do find a match result to SoegeeFX in BAPPEBTI. But as a forex trader, you must know BAPPEBTI is not a regulatory authority that issues licenses for forex trading or regulates forex activities. The is to say: SoegeeFX is not under valid regulation to offer forex investments by any regulators.
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.
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AXIORY Review 2026: A Critical Look at High Risks and User Complaints
Axiory is a trading company that started in 2012. It says it offers different ways to trade with easy-to-use platforms. The company has been around for around 15 years and tries to attract traders by promising low starting amounts and high leverage. However, when we look more closely at this broker, we find some serious problems. WikiFX, a website that checks trading companies around the world, gave Axiory a very low score of only 2.45 out of 10. This low score is based on real data and shows that there are major issues with this company. This review takes a deep look at why Axiory got such a bad rating. We will examine how well the company is regulated, look at real complaints from users, and check their trading rules. Our goal is to give traders the facts they need to make a safe choice, especially since there is a clear "High potential risk" warning about this broker.
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