SogoTrade Fined $75K Amid Compliance Failures
FINRA fines SogoTrade $75,000 for market access control failures as TopFX advances synthetic indices trading and 24/7 multi-asset solutions.
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Abstract:Buying followers for social media accounts is becoming increasingly popular. Celebrities, influencers, wannabes, and businesses do so to boost their social standing, in hopes of increasing their credibility.

Buying followers for social media accounts is becoming increasingly popular. Celebrities, influencers, wannabes, and businesses do so to boost their social standing, in hopes of increasing their credibility.
Wintersnow Limited is currently under a thorough review by WikiFX because we realized there are quite a number of red flags that our users and its clients should be aware of.
Two Exposure articles were published about Wintersnow Limiteds disputes with its trading clients, which you can read more in the links below:

Read here: https://www.wikifx.com/en/newsdetail/202208111734949875.html

Read here: https://www.wikifx.com/en/newsdetail/202208126604708174.html
Today, WikiFX will share our findings about Wintersnow Limiteds Twitter account.

Wintersnow Limited established its Twitter account in December 2009. To date, it has gained over 65,000 followers.

However, it only has 28 tweets – the first tweet was posted in 7th July 2022.

It is not convincing that all these 65,000 followers were gained organically. The majority of its followers seem to originate from Thailand, which could be another sign of purchased fake followers.
Another interesting point to look at is the website that is listed on this Twitter profile.

Here, Wintersnow Limiteds website is listed as www.wintersnowx.com.

Look closely, the webpage design looks similar to that of www.wintersnowfx.com.
The biggest difference between these two websites is the presence of company information. The registered number, contact number, and address are listed on wintersnowfx.com but absent from wintersnowx.com.


With all the red flags present here, it is hard to deem Wintersnow Limited as a reliable and trustworthy forex broker.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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