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The WikiFX Score of this broker is reduced because of too many complaints!

EFUFX

Hong Kong Hong Kong | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | Australia Appointed Representative(AR) Revoked | High potential risk

http://www.efufx.com/

Website

Rating Index

Contact

+852 37283173
cs@efufx.com
http://www.efufx.com/
The WikiFX Score of this broker is reduced because of too many complaints!
Website
Genealogy
Relevant Enterprises
Company Summary
Comment

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Official website

Website

  • efufx.com
    34.102.136.180
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    2017-11-08
    Website
    GRS-WHOIS.ALIYUN.COM
    Company
    ALIBABA.COM SINGAPORE E-COMMERCE PRIVATE LIMITED

Genealogy

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Relevant Enterprises

EFU GROUP LIMITED(Hong Kong)
Hong Kong
EFU GROUP LIMITED(Hong Kong)
Active
Hong Kong
Registration No.
1826957
Established
EFU MARKETS PTY LTD(Australia)
Australia
EFU MARKETS PTY LTD(Australia)
Deregistered
Australia
Registration No.
629716703
Established

Company Summary

Note:EFUFX's official website:http://www.efufx.com/ is currently inaccessible normally.

AspectInformation
Company NameEFUFX
Registered Country/AreaHong Kong
Founded Year2017
RegulationVFSC(Suspicious Clone)
Customer SupportPhone:+852 37283173Email:cs@efufx.com

EFUFX Information

Established in 2017 and registered in Hong Kong, EFUFX is a broker working under dubious clone of VFSC control. EFUFX offers an email address atcs@efufx.com and a phone line at +852 37283 for customer service.

EFUFX Information

Is EFUFX Legit or a Scam?

Is EFUFX Legit or a Scam?
Vanuatu Financial Services Commission(VFSC)
Current StatusSuspicious clone
Regulated byVFSC
License TypeRetail Forex License
License No.40436
Licensed InstitutionTop 1 Markets limited

Downsides of EFUFX

Under a dubious clone of VFSC control, EFUFX operates, which calls into doubt the validity and authenticity of its regulatory stance.

Field investigations revealed evidence of EFUFX with a fake address in Australia and non-functional contact data including a fake email address and unavailability of customer care numbers.

Many complaints centre on major operational issues including lack of withdrawal options, website and iOS app downtime, and significant client financial losses sustained.

Negative EFUFX Reviews on WikiFX

An essential comment part in WikiFX is exposure.

Before trading on unofficial platforms, we recommend users to check this part.It shows material and evaluate dangers. Please kindly visit our website for details.

EFUFX has 4 exposures on WikiFX. I will introduce 2 of them.

Exposure.1 Withdrawal unavailable

Negative EFUFX Reviews on WikiFX
ClassificationWithdrawal unavailable
DateMarch 26th,2020
Post CountryHong Kong,China

The client claimed that unavailability of withdrawals results from disabled software.You should go to:

https://www.wikifx.com/en/comments/detail/202003265132878238.html

Exposure.2 Fake contacts

Negative EFUFX Reviews on WikiFX
ClassificationFake contacts
DateOctober 21st,2019
Post CountryHong Kong,China

The client claimed EFUFX, now Forex, runs under a dubious platform and lacks any official contact information.One may visit:

https://www.wikifx.com/en/comments/detail/208106335721888.html

Conclusion

EFUFX, now Forex, is a risky trading decision having unclear regulatory status and been found to have used phoney contact details and addresses. Many complaints about disabled software and inaccessible withdrawals put focus on the risks associated with this broker. Customers should absolutely choose controlled brokers with accessible and publicly available data if they want a safe trading environment.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Australia Appointed Representative(AR) Revoked
  • High potential risk
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You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
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