Verified: The WesternPips Domain Name Https://westernpips.org/registered In 2021 And Is An Unregulated Forex Broker.
As For Regulation, It Has Been Verified That WesternPips Does Not Currently Have Any Valid Licenses.
And Most Brokers That Are Not Compliant Will Not Disclose Providing Their Direct Real Contact Information, Such As Phone Numbers Or Company Addresses.
Note: WesternPips As An Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
According To An Internet Query:
WesternPips Commonly Uses Unethical Practices To Poach Gullible Traders. They Create Flashy Bait Content And Show Fake Screenshots In The Hope Of Getting The Next Victim To Invest With Them.
They Spend A Lot Of Time And Effort Launching Fake Marketing Campaigns Instead Of Spending Time Developing Arbitrage Systems That Actually Produce Results.
Many Information Points To The Company's False Operations, And They Are Very Likely To Be A Fake Trader. Traders Should Be Vigilant To Avoid Being Deceived.
