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Score
Hong Kong
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 4
Exposure
Score
Regulatory Index0.00
Business Index7.46
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
EFu Group
Company Abbreviation
EFUFX
Platform registered country and region
Hong Kong
Company website
Company summary
Pyramid scheme complaint
Expose
Note:EFUFX's official website:http://www.efufx.com/ is currently inaccessible normally.
Aspect | Information |
Company Name | EFUFX |
Registered Country/Area | Hong Kong |
Founded Year | 2017 |
Regulation | VFSC(Suspicious Clone) |
Customer Support | Phone:+852 37283173Email:cs@efufx.com |
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.
Vanuatu Financial Services Commission(VFSC) | |
Current Status | Suspicious clone |
Regulated by | VFSC |
License Type | Retail Forex License |
License No. | 40436 |
Licensed Institution | Top 1 Markets limited |
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.
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
Classification | Withdrawal unavailable |
Date | March 26th,2020 |
Post Country | Hong 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
Classification | Fake contacts |
Date | October 21st,2019 |
Post Country | Hong 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
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.
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