Forum.pl

This article contains the following information:

.

• What is known about WHIZ FX;
• Irrefutable evidence that WHIZ FX is a scam;
• Secondary indications that WHIZ FX is a scam;

Entrusting your investment to WHIZ FX is a decision you will surely regret, as I did after all this. I am left with the sad reality that this is the worst thing that could have happened to me as a human being, and I am sure that personal experience will be for forum users who, are considering entrusting their money to this ugly investment firm."

What are the reviews about WHIZ FX saying? Almost all about fraud and total unqualification of WHIZ FX employees. The ratio of good to negative reviews is naturally in favour of the negative ones. With favorable reviews on WHIZ FX, it's not all that simple either. The thing is that all reviews are too excessively artificial and have been written recently and in fact at one moment. All this suggests that these good reviews are fake. Here is one of these reviews:
"WHIZ FX is a great firm! The company has a brokerage license. I earn 50-100% of my total capital per month and I allocate 10 minutes a day to trading. I recommend WHIZ FX to anyone!
A really cool firm! The only one that can make an average trader a billionaire in a few years, as a trader can earn 150-200% per month. We think it's pretty clear that this is not a real review.
Here's another review on WHIZ FX left on Reddit:
"WHIZ FX is the coolest broker in the world. I can't understand why it's not number 1 in the Eurozone and the States! The customer service is of the highest level and the managers at WHIZ FX are the most qualified. I have been working with the company for almost four years and I am doing great.
And we don't understand the reason why this broker is still not the best... among the scammers either.
Notice that those people who were correcting the reviews don't even know themselves WHIZ FX has been around for about half a year, but not for several years that this person is interacting with WHIZ FX. Any facts which confirm that WHIZ FX analysts are "very smart" are not presented.

Also an extremely important parameter of a good trading platform is good security features. Ensuring the security of users' personal information and funds is of paramount importance. A good trading floor should have robust security features, such as two-step verification, security and Secure Socket Layer (SSL) technology. All of these and other things should reliably protect clients from scams, account theft or hacking into the brokerage site itself with massive data leakage. None of the above on the WHIZ FX platform is even close.

From the beginning it was obvious that the level of professionalism and competence at WHIZ FX was clearly close to zero. Their platform was constantly unreliable, with regular technical problems and a user interface that can be described as clumsy and incomprehensible. This alone made deal execution nerve-wracking, but the difficulties didn't end there.

What else does a decent broker's platform have to have? Research tools! A trading platform must provide clients with access to analytical tools and resources. These can be financial news, analyst articles, corporate financial reports, technical analysis tools and more. These tools allow traders to make informed investment decisions and not just do whatever they want. And how can you make informed investment decisions when all the WHIZ FX platform has is a calendar? White brokers make sure that their traders have everything they need to make informed decisions, because it directly affects the long-term prospects of cooperation with each other.

Now let's make a comparison between WHIZ FX and an average broker. How should a good brokerage platform function? A good brokerage platform is the main tool for traders, giving them a chance to access the financial markets and make smart investment decisions. A good platform should have both a cent and a demo account in addition to a regular one.
In brief, essentially nothing. The company was registered in 2022. Where exactly it was set up is unknown. There is no credible information for just over half a year of existence of the firm. There is only negative information about the firm, but first things first. Our editorial board tried to find information on the net about the country where the office of the firm is based, but nothing was found. Every firm respecting investors on the contrary strives to be as open and transparent as possible, to inform their clients about who their money is going to, but it seems that the owners of WHIZ FX do not think so.

This excerpt of the article contains this information:

• How a normal brokerage organization's site should be set up;
• How the WHIZ FX platform works;
• Comparison of a good investor platform with what WHIZ FX has.

What happens when you or anyone else ignores all the facts mentioned in this article and wants to try trading with WHIZ FX? Let's imagine it. Let's take a review of WHIZ FX from the Trustpilot website:
"I am writing this review to share my painful experience with WHIZ FX and to keep potential victims safe before they even consider giving their hard-earned money to this firm. In my years of trading experience I have never come across a worse brokerage firm, and it has left me with a bad taste in my mouth and a big drop in confidence in the industry as a whole.

As we can see, not only did the person lose money and nerve cells, but they didn't get any good trading experience, only disappointment in trading. If you look at other opinions they have approximately the same content. The most frequently quoted fact is that WHIZ FX does not withdraw investments. Investors also point out the extreme ineptitude of WHIZ FX representatives. When reviewing the reviews of WHIZ FX, we have repeatedly come across information that the WHIZ FX representatives are using obvious tricks and insults when communicating with clients. The reviews of a normal brokerage organization should suggest otherwise, or at least things should not be so terrible. The opinions about WHIZ FX also show that WHIZ FX is a common scam.

All said above is enough to make a correct conclusion about the WHIZ FX entity. We decided to take another look on our own to be 100% sure.
We left our contact information, WHIZ FX representative called us back and immediately started to persuade him to make a great amount. The manager of WHIZ FX was using the tactics of pushy sales, some silly flattery. We funded our account for the minimum amount of 25$ and decided to try the tips given by this broker. What happened next? We lost most of the amount in a few transactions and tried to withdraw the money, but the money was not transferred to us. Again a WHIZ FX representative contacted us and tried to dissuade us from withdrawing the money and moreover to deposit the account once again and to make trades, and according to him if I had done so, I would have been compensated for the loss. True, I don't know why they didn't want to compensate me for the loss without giving the manager some more personal money. It is clear that even if I had done that they would not have returned the money, not a cent.

Even worse, it had a meaningful impact on me on an emotional level. Not only did I lose a tangible amount due to the worthlessness of WHIZ FX, but the whole incident left me feeling betrayed and deeply distrustful of the investment industry. I cannot escape the bad memories of the countless hours dedicated to sorting out the difficulties and recovering the financial losses triggered by the fraudulent nature of this office.
Of course it's about the lack of regulation. The regulator has a number of tasks, especially the inspection of brokerage offices, inspection of firm representatives, control of financial statements, investors and control of broker's liquidity. But the most important task of the regulator is to prevent financial manipulation. Financial manipulation can be of various kinds, one of them being the withdrawal of client's money without the client's knowledge or the misuse of investor's money in transactions which the investor has not consented to. In the couple of months before the crisis of two thousand eight and nine, the biggest US banking institutions did this on a massive scale. Through the regulator, the investor can, for example, recover the funds. The regulator has its own rules according to which they check the qualifications of employees of financial institutions, including brokerage firms. This, in turn, ensures that their clients are dealt with by real professionals. WHIZ FX does not have any brokerage authorization, not even a license to trade from some non-existent office.

When the situation came down to the key aspect of investor support, I was really pissed off. The staff were either unresponsive or unable to solve my problems with any semblance of competence. I realised that I was dealing with a robot, and my requests for help were ignored. At the time I promptly needed support in a situation of critical market movement, I was in a difficult position, which eventually resulted in me losing a significant amount of money.

A quality investor platform should have a pleasant interface. A well-made, subliminally understandable user interface is necessary for a brokerage platform. This ensures that clients can easily navigate the platform, manage their accounts and conduct transactions without difficulty. WHIZ FX has none of these features. By the way, we have seen many different platforms and it is a familiar thing to us, but on this site in spite of the vast experience is difficult to navigate.
On a quality investor platform should be a variety of options for investment. A good brokerage platform should offer a wide range of investment products, including stocks, bonds, ETFs, mutual funds, options, futures and other securities. It enables people to protect their portfolios against risk and gain access to different classes of instruments. There are many currencies on the WHIZ FX platform, but the catch is that WHIZ FX scams and transactions in these assets are not real, it's not all happening in reality, like in a game. Buying stocks through the WHIZ FX platform you do not really buy anything because WHIZ FX is not licensed and therefore not allowed to interact with the world markets and therefore you do not really buy anything through a broker on the exchange. By the way, the WHIZ FX platform not only has a useless usability, but the platform is also quite unpleasant from an aesthetic point of view.

As stated above, WHIZ FX and its representatives are not exempt from aggressive selling, insults, demonstrating obvious uselessness, using marketing tricks like offering gigantic earnings, falsifying reviews. The documents on the website of WHIZ FX do not have, not even an agreement of public offer, while there should be legal papers confirming the fact that the broker has a regulation, registration papers and probably some regalia. The situation on Google is the same as with the reviews, they are all the same. The fact that WHIZ FX is not giving away investments is a common indicator of fraud. Representatives of WHIZ FX also like to send bad signals, which not only make it impossible to get money, but on the contrary, all money is lost. Scammers often send these signals in order to get income and a larger commission, although this is more true for representatives of white investment firms, who engage in such a scam. But too frequent slippages and glitches WHIZ FX platform is also a clear sign of fraud.

A quality investment platform should be available in both mobile and desktop versions. In today's fast-paced world, traders should be able to access their brokerage platform on the go. This, by the way, allows them to follow the instantly changing situation and instantly sell or buy an instrument, if there is a good reason to do so. A good market place must have a flexible mobile application as well as a fully functional computer version in order to satisfy all the wishes and demands of investors.

You've seen it all. WHIZ FX is different even among scams. The firm is to the point of being terrible that there is no place to put a branding on it. Opinions on WHIZ FX that don't appear to be fake are rife with negativity. Victims tend to write about how the money is not compensated, reps are rude, the platform is uncomfortable, constantly hovering, and there are only bad memories of interacting with the firm. If you do not want the same to happen to you as to other traders, under no circumstances leave even your personal details on the WHIZ FX website, or if you have already left them, blacklist the phone numbers of the employees and do not pay attention to them. If you do talk to managers, there is a risk that scammers with their skills and experience of trickery will be able to wrap you around their fingers and steal your hard-earned money. Because scammers don't just offer some investment options, they try to gain the trust of their victims by befriending them and enticing them with the promise of exorbitant earnings.

How long will this nuisance keep happening?? The support system is a flop.
 Be very careful with anyone you are dealing with.

                                                    Why is WHIZ FX a scam?