SogoTrade Fined $75K Amid Compliance Failures
FINRA fines SogoTrade $75,000 for market access control failures as TopFX advances synthetic indices trading and 24/7 multi-asset solutions.
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Abstract:The British regulator FCA has issued an official warning against OctaMarketstrading on February 6th!!!
Investors who are still trading forex at OctaMarketstrading had better quit trading ASAP!!! Investors who have been deceived by this broker please contact WikiFX to help you recover your funds!!!

To make things straight from the very beginning, on our next screenshot you may check the recent warning issued on February 6th against OctaMarketstrading (www.octamarketstrading.com) by the Financial Conduct Authority (FCA) in the UK. Take a look (source: https://www.fca.org.uk/news/warnings/octamarketstrading):

OctaMarketstrading is NOT REGULATED - the fake brokerage is an officially exposed scam blacklisted by the British regulator FCA. In its publication, the authority states that OctaMarketstrading is unauthorized, which practically means its an unregulated business entity offering illegal trading and investment services. Brokers with warnings on their names are scams and should be avoided at all costs!




Anyway, trusting a broker like OctaMarketstrading is simply not worth it – you will certainly end up robbed. The so-called brokerage is nothing more than an outright scam, which is in the spotlight of a recent investigation by the British financial authorities, who have already blacklisted the website for targeting UK customers without proper authorization.
WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed.

WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!
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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As the new year begins, WikiFX extends our sincere gratitude to traders worldwide, our industry partners, and all users who have consistently supported us.

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