The WorldMarkets scheme apparently has new problems with the withdrawals. A few days ago, customers were notified by email that they had problems with payouts. The new payment processing partner SwiftXChange and/or crypto exchange OkEx would be to blame withdrawal issues due to liquidity issues. Regulators of different jurisdictions as well as FinTelegram have warned several times about the WorldMarkets scheme.
The email from the WorldMarkets Payment Team reads as follows:
Some trading accounts have been impacted by the SwiftXChange/OkEx liquidity issues and withdrawals have been paused. We are at the mercy of these firms to resume transactions in/out. We appreciate your understanding and share your frustration.WorldMarkets Email to clients
Complaints about non-payouts can currently also be read in the Trustpilot reviews on WorldMarkets. As a matter of fact, it took FinTelegram almost two weeks of communication with Trustpilot before its scam-warning review was reinstated. Now a negative review tsunami seems to be rolling over WorldMarkets because of the alleged SwiftXChange issue.
The really remarkable thing about the new partner SwiftXChange is that not even its website is online. It is currently only in the making. WorldMarkets has not yet provided further details on the issues. In case, you are impacted by these issues and/or do have information and/or experience with the scheme we would be more than happy to hear from you.