WorldFXM is a Forex and CFD broker that offers three account types. The broker is owned by CHO DEVELOPMENT LTD.
Is WorldFXM A Regulated Broker?
WorldFXM has been blacklisted in several countries. The UK’s Financial Conduct Authority has recently issued a warning against the broker. There is also a warning from the Austrian Financial Markets Authority issued in August 2018.
Is It Safe To Invest With WorldFXM?
Being an unregulated firm, it is not reliable as it abuses the regulations. It is not at all safe investing money with this broker. It simply uses the information of various regulated and licensed firms to run its company. Hence, we strictly recommend avoiding this firm.
How To Recover Your Scammed Money By WorldFXM?
In case you have been scammed by WorldFXM, you can file a complaint against it to any of the funds recovery companies listed by us. They will help you to get your money back.