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Regarding the legitimacy of ExtrendCap forex brokers, it provides a comprehensive investigation into the security aspects of regulatory ASIC, and WikiBit, as well as whether there are any negative scam reviews.
Rating Index
WikiFX Detection
Business
Influence E 
License
ASIC Revoked 
Is ExtrendCap safe?
The regulatory license is the strongest proof.
ASIC Appointed Representative(AR)
Australia Securities & Investment Commission
Australia Securities & Investment Commission
Regulatory Agencies Introduction
Current Status:
RevokedLicense Type:
Appointed Representative(AR)
Licensor:
WHOLESALE INVESTOR SERVICES PTY LTD
Australia ASIC Institution FX (STP)
Licensed Institution:
EXTREND CAP INTERNATIONAL PTY LTD
Effective Date:
2022-04-21Email Address of Licensed Institution:
--Sharing Status:
No SharingWebsite of Licensed Institution:
--Expiration Time:
2022-11-14Address of Licensed Institution:
290 739 Sydney Rd Brunswick VIC 3056， Suite 290, 739 Sydney Road, BRUNSWICK VIC 3056Phone Number of Licensed Institution:
--Licensed Institution Certified Documents:
Is ExtrendCap a scam, or is it legit?
The latest exposure and evaluation content of ExtrendCap brokers.
Scam platform
EXTREND CAP: Dear user, your withdrawal has been submitted for filing. The system prompts that your account has reached the personal income tax threshold. The tax rate is 5% (1832USD). Please complete the tax payment within 7 working days. After the tax payment, the financial department will Immediately through your withdrawal, your withdrawal request will be transferred to your wallet account. Me: I want to pay taxes EXTREND CAP: Dear user, taxes and fees have been checked Your relevant information has been submitted, please wait patiently for 24 hours for review! Me: It has been audited for 8 days, why haven’t you passed the audit yet? Are you a fraudulent group? Have you achieved your goal and resorted to any means to get us to pay taxes?
**Scam**Extrend Cap Ltd is Old Shenghui Group LTD!
They won’t allow me to withdraw. They want me to add 2X my account balance in order to withdraw but I know better. Aileen Sum in Toronto will try to recruit you! Be careful! She is a scam artist working for them and needs to be stopped and brought to justice!!
Unable to withdraw
Require to pay 20% personal income tax to withdraw.
Can't withdraw money
I made a withdrawal from Thursday and my account has been deducted but no money has been sent to my bank account yet
Legitimacy of similar brokers
ExtrendCap's latest industry rating score is 1.40, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. ExtrendCap
If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.