Recently, investor Mr. Chen reported forex broker HuanYu to WikiFX in hope his experience of being defrauded by the illegal broker can be a reminder for other investors.
Event recap
In mid-July this year, Mr. Chen signed up and made deposits at HuanYu upon a friend’s recommendation and managed to make some profits at first with a sharp sense of the market . After trading for a while, Mr. Chen suddenly found his account became “invalid” when he tried to log in on August 1st to check out the market trend. Since further attempts to access his account all failed, Mr. Chen tried to contact the customer service through both social media and emails, but received no reply. Until now, Mr. Chen still can’t access his account or withdraw his balance. Within a month of Mr. Chen’s registration, the broker suspended his account arbitrarily and might have escaped.
Have you ever traded with this broker HuanYu?