Explore Forex Broker

Note: Explore's official website: https://apk14.global-exptrade.com/ is currently inaccessible normally.Explore Information Explore is a brokerage firm registered in Latvia. This firm's regulatory status is suspicious clone because its actual company name does not match with the one on the regulatory certificate. And its website maybe has been shut down for years. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.Is Explore Legit？ Regulatory Status Suspected Fake Clone Regulated by ASIC Licensed Institution EXPLORE PTY LTD Licensed TypeCommon Business Registration Licensed Number65 080 679 303 Explore's regulatory status is suspicious clone. From the certificate, we can see: Licensed Institution: EXPLORE PTY LTD But the name of company provided by this broker is “explore”. This inconsistency shows that they're providing false licenses to deceive traders.Downsides of Explore Unavailable Website Explore's official website is currently not working. Maybe it's time to find another brokerage. Lack of Transparency You can only find limited information about this brokerage online. Regulatory Barriers Explore's regulatory status is suspicious fake clone. Before choosing a brokerage, remember to consider the risk involved.Negative Explore Reviews on WikiFX On WikiFX, “Exposure” is posted as a word of mouth received from users. Please review this information before opening account with this brokerage. And you can consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter. As of now, there are seven pieces of Explore exposure in total. I'll introduce two of them. Exposure 1. I've topped up but can't withdraw ClassificationUnable to Withdrawal DateJune 10, 2024 Post CountryIndonesia The user said:“I've topped up but can't withdraw.” You may visit: https://www.wikifx.com/en/comments/detail/202406109652539628.html Exposure 2. Cannot withdraw money from the account ClassificationScam DateMay 1, 2024 Post CountryIndonesia The user said:“Cannot withdraw money from the account.” You may visit: https://www.wikifx.com/en/comments/detail/202406109652539628.htmlConclusion There are plenty of negative reviews about this brokerage on WikiFx. Its regulatory status, inaccessible website and these reviews on WikiFx are all signals showing that this brokerage is untrustworthy. It is better to choose regulated brokers with transparent operationsto ensure the safety of your investment. When comparing brokerages, keep the potential risks firmly in mind.