Pocket Broker Review: Traders Furious Over Withdrawal Denials, Account Blocks & Price Manipulation

Does Pocket Broker ask you to verify the payment method repeatedly as you request fund withdrawals? Does the South Africa-based forex broker disallow you the same despite multiple verifications? Does your Pocket Broker forex trading account get blocked without any reason? Do the prices shown on the Pocket Broker login platform vary from real market prices? These are forex investment scams that Pocket Broker has been allegedly involved in. Many traders have expressed anguish over these illegitimate trading activities online. In this Pocket Broker review, we have shared various comments traders have made against the broker. Keep reading!

Top Complaints Against Pocket Broker

The Payment Method Verification Issue Upon Withdrawal Request

This is a very peculiar issue that emerged for a trader, who, after a few trades, requested withdrawal from his Pocket Broker trading account. The broker told the trader to verify the payment method. The trader did it and followed everything . However, the same process lingered, and the trader sought legal help to recover funds. Check out what the trader said when sharing the Pocket Broker review.

Deposits Not Appearing on the Trading Platform

This further indicates a potential investment scam at Pocket Broker. Deposits should show on the trading platform for traders to feel confident when trading through a broker. Here is one small but alarming complaint screenshot.

Account Blocked Without Any Reason

The real problem lies in fund withdrawals. Upon receiving withdrawal requests, Pocket Broker acts suspiciously by blocking trading accounts without any reason. A trader expressed this issue while sharing the Pocket Broker review. Here is the screenshot.

Price Manipulation Tactics to Pile on Losses for Traders

Traders claim that forex prices shown on Pocket Brokers trading platform differ from real market prices. This, they claim, is a tactic from the broker to prevent traders from earning profits. Check out the screenshot below to know more about this issue.

Pocket Broker Review by WikiFX - Score & Regulation

WikiFX reviewed Pocket Broker thoroughly based on numerous complaints made against Pocket Broker and its regulatory status. As complaints were serious, it needed a thorough investigation into the regulatory supervision over its forex operations. Upon investigation, the WikiFX team found Pocket Broker to be unlicensed. The score for Pocket Broker is thus just 1.27 out of 10. This revelation would indeed be scary for traders. Our advice is to trade with a regulated forex broker. This will ensure investment safety and peace of mind.

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