Score

1.59 /10
Danger

Million Tinkle

Hong Kong

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Hong Kong DS License Revoked

Suspicious Overrun

High potential risk

D

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Comparison

Quantity 29

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.59

Risk Management Index0.00

Software Index4.00

License Index0.00

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

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

Single Core

1G

40G

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Broker Information

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Company Name

万銮国际金号有限公司

Company Abbreviation

Million Tinkle

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 5
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 25 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    Million Tinkle · Company summary
    Aspect Information
    Company Name Million Tinkle
    Registered Country/Area HongKong
    Founded Year 2014
    Regulation Unregulated
    Products Precious Metal(Gold,Silver and Others),Future Options
    Customer Support Email:cs@fxmillion.com;Phone:+85235906255

    Overview of Million Tinkle

    Million Tinkle, established in 2014 and based in Hong Kong, operates as an unregulated financial service provider specializing in trading precious metals such as gold and silver, as well as future options.

    Despite its lack of regulatory oversight, the company offers a niche focus on valuable commodity markets, which could appeal to specific types of investors.

    For customer support, Million Tinkle provides assistance through email at cs@fxmillion.com and phone at +85235906255, ensuring that clients have multiple channels to contact the company for any inquiries or support needs.

    Overview of Million Tinkle

    Is Million Tinkle Legit or a Scam?

    Million Tinkle is an unregulated financial service provider based in Hong Kong. Operating without regulatory oversight means that it does not adhere to the standards and protections typically enforced by financial regulatory bodies.

    This status can pose increased risks for investors, as they lack certain legal protections and recourse mechanisms that are available in regulated environments.

    Pros and Cons

    Pros Cons
    Specialization in Precious Metals and Future Options Unregulated
    Limited Product Range
    Geographical Limitations
    Potential for Limited Recourse

    Pros:

    1. Specialization in Precious Metals and Future Options: Million Tinkle focuses on trading precious metals like gold and silver, as well as future options, which can be attractive to investors looking for specific commodity investments or sophisticated trading instruments.

    Cons:

    1. Unregulated: The lack of regulation can lead to a higher risk of inadequate protection for investors, leaving them vulnerable to unfair practices.

    2. Limited Product Range: Million Tinkle primarily offers precious metals and future options, which will not meet the needs of investors looking for a broader range of financial instruments or more diversified investment opportunities.

    3. Geographical Limitations: Being based in Hong Kong, the services will not be tailored or available to investors in other jurisdictions, potentially limiting its client base.

    4. Potential for Limited Recourse: Without regulatory oversight, customers will have limited recourse in the event of disputes or financial discrepancies, which could complicate resolving issues satisfactorily.

    Customer Support

    Million Tinkle provides customer support primarily through two channels: email and phone.

    Clients can reach out for assistance or inquiries by emailing cs@fxmillion.com, ensuring a written record of communication, which can be helpful for detailed queries or follow-up.

    Additionally, for immediate assistance or more direct contact, customers can call the support line at +85235906255. These support options aim to offer responsive and accessible services to address the needs and concerns of clients efficiently.

    Conclusion

    Million Tinkle is a Hong Kong-based, unregulated provider of financial services, specializing in precious metals and future options trading.

    Established in 2014, the company offers focused investment opportunities in niche markets, but its unregulated status will pose higher risks for investors. Clients have access to support via email and phone, which facilitates communication and assistance.

    FAQs

    Question: What products does Million Tinkle offer?

    Answer: Million Tinkle specializes in trading precious metals, including gold and silver, as well as future options. These products meet investors interested in commodity markets and sophisticated financial instruments.

    Question: How can I contact customer support at Million Tinkle?

    Answer: You can contact Million Tinkle's customer support by emailing cs@fxmillion.com or by calling their support line at +85235906255 for any inquiries or assistance you will need.

    Risk Warning

    Million Tinkle is an unregulated entity, lacking formal oversight from financial regulatory authorities. This lack of regulation will expose clients to increased risks, including potential issues with transparency, operational integrity, and the security of client funds.

    User Reviews

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    User comment

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    Comments

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    magicplace
    more than one year
    Their spreads and commissions are much higher than advertised and their customer service is poor. I also found it concerning that they are not regulated, which adds another layer of risk for traders.
    Their spreads and commissions are much higher than advertised and their customer service is poor. I also found it concerning that they are not regulated, which adds another layer of risk for traders.
    Translate to English
    2023-04-06 10:21
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    magicplace
    more than one year
    In my personal experience, their trading platform was slow and unreliable, and I frequently experienced slippage and requotes, which led to unexpected losses. Additionally, their customer service was unresponsive and unhelpful and seemed to be avoiding my questions about the spreads and commissions. I eventually decided to withdraw my funds and close my account. Withdrawals were also a major headache, with delays and additional fees that were not clearly disclosed.
    In my personal experience, their trading platform was slow and unreliable, and I frequently experienced slippage and requotes, which led to unexpected losses. Additionally, their customer service was unresponsive and unhelpful and seemed to be avoiding my questions about the spreads and commissions. I eventually decided to withdraw my funds and close my account. Withdrawals were also a major headache, with delays and additional fees that were not clearly disclosed.
    Translate to English
    2023-04-06 10:21
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