English
Is VOLNEX safe?
Rating Index
1.77
Regulation
0.00
License
0.00
Software Index
7.73
Risk Control
0.00
Business
4.72
WikiFX Detection
Software Index
Full License 
License
No license 
Is VOLNEX a scam, or is it legit?
The latest exposure and evaluation content of VOLNEX brokers.
Abnormal downward wick
Account id:7****
Date - 19/01/2026
Time - 4.50AM IST
I am writing to raise a formal complaint regarding a serious technical issue observed on your trading platform.
On XAGUSD (Silver vs USD), M5 timeframe, an abnormal long downside wick appeared on the candle which does not align with market price movement or other reliable market data. Due to this unexpected wick, my stop loss was triggered, resulting in my account being completely blown.
I strongly believe this loss occurred due to a platform error / price feed issue, not due to normal market volatility. I have attached a screenshot of the chart clearly showing the abnormal wick for your verification.
Details:
- Instrument: XAGUSD
- Timeframe: M5
- Issue: Abnormal downward wick / price spike
- Impact: Stop loss hit incorrectly → account wiped out
- Evidence: Screenshot attached
VOLNEX Similar Brokers Safe
Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.
VOLNEX latest industry rating score is 1.77, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.77 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.