Score

1.58 /10
Danger

FXPHC

New Zealand

5-10 years

Suspicious Regulatory License

New Zealand Financial Service Corporate Revoked

Suspicious Overrun

High potential risk

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.51

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

PuHuei-Century Limited

Company Abbreviation

FXPHC

Platform registered country and region

New Zealand

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • New ZealandFSPR (license number: 530186) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
FXPHC · Company summary

Note:FXPHC's official website:http://www.phuei-century.com/ is currently inaccessible normally.

AspectInformation
Company NameFXPHC
Registered Country/AreaNew Zeland
Founded Year2012
RegulationFSPR(Revoked)
Customer SupportPhone:4009626822QQ:2791524857,1489921746,4009626822Email:info@phuei-century.com

FXPHC Information

Established in 2012 and established in New Zealand, FXPHC is a business whose Financial Service Providers Registration (FSPR) has removed their regulations. Customer care is reachable by phone at 4009626822, QQ at 27915248,1489921746 and 14899217; by email at info@phuei-century.com.

FXPHC Information

Is FXPHC Legit or a Scam?

Is FXPHC Legit or a Scam?
Financial Service Providers Register(FSPR)
Current StatusRevoked
Regulated byFSPR
License TypeFinancial Service Corporate
License No.530186
Licensed InstitutionPUHUEI-CENTURY LIMITED

Downsides of FXPHC

1. Absence of Regulation: FXPHC's license with the New Zealand Financial Service Providers Register (FSPR) has been revoked, rendering it without a valid regulatory status. This presents a significant danger to traders.

2. Customer Complaints: Customers have submitted numerous negative reviews and complaints regarding the inability to deposit or withdraw funds, poor customer service, and substantial financial losses as a result of account managers' mismanagement.

  1. 3. High Minimum Deposit: The minimum initial deposit requires a deposit of $100-$200 or the equivalent amount in FXPHC.

Negative FXPHC Reviews on WikiFX

Exposure is a basic WikiFX comment section.

We advise people to check this section before trading on unofficial platforms.It reveals content and assesses risks. Please kindly find details on our website.

WikiFx exposed herself five times using FXPHC. I shall present two of them.

Exposure.1 Poor management

Negative FXPHC Reviews on WikiFX
ClassificationPoor management
DateNovember 26th,2022
Post CountryUnited Kingdom

Poor management and unhelpful account managers claimed the client lost almost $4,000.You ought to check:

https://www.wikifx.com/en/comments/detail/Co202211268121136452.html

Exposure.2 Deposit issues

Negative FXPHC Reviews on WikiFX
ClassificationUnable to deposit
DateAugust 24th,2018
Post CountryHong Kong,China

The client claimed they couldn't make deposits or withdrawals, which caused forced liquidation and lost $50,000.You should go to:

https://www.wikifx.com/en/comments/detail/208089658323489.html

Conclusion

Finally, trading with FXPHC is dangerous because of its lack of legitimate control, many customer complaints about ineffective management and unhelpful support, and recorded large financial losses by clients. To guarantee a better trading experience, consumers should pick controlled brokers with open and publicly accessible information.

User Reviews

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User comment

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Comments

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FX1077535755
more than one year
Terrible plataforma, les aconsejo a todos que se mantengan alejados. ¿Por qué no elegir esas grandes empresas? Después de todo, es su propio dinero y usted debe ser responsable de él.
Terrible plataforma, les aconsejo a todos que se mantengan alejados. ¿Por qué no elegir esas grandes empresas? Después de todo, es su propio dinero y usted debe ser responsable de él.
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2022-11-28 18:12
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FX1051578454
more than one year
An offshore unregulated broker. It seems that they have been offshore for many years...No any updated information about them on the Internet. Stay away!!!
An offshore unregulated broker. It seems that they have been offshore for many years...No any updated information about them on the Internet. Stay away!!!
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2022-11-27 14:52
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