Score

1.59 /10
Danger

DUHFX

Vanuatu

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Vanuatu Retail Forex License Revoked

High potential risk

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Comparison

Quantity 4

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.58

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

Dragon Universal Holding Limited

Company Abbreviation

DUHFX

Platform registered country and region

Vanuatu

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • VanuatuVFSC (license number: 14634) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
DUHFX · Company summary

Note: DUHFX is to operate via the website - http://duhfx.com/index.php, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Vanuatu VFSC (license number: 14634)s regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

General Information & Regulation

DUHFX, a trading name of Dragon Universal Holding Limited, presents itself as a Forex Broker registered in Vanuatu on 8 July 2016, offering Forex Trading services via MetaTrader4 and MT4 Mobile trading platforms. Here is the home page of this brokers official site:

General Information & Regulation

As this brokerage's website cannot be accessed, we were unable to obtain further details about its leverage, spreads, minimum deposit, etc.

As for regulation, it has been verified that Vanuatu Financial Services Commission (VFSC) license the broker says to hold is revoked. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.97

General Information & Regulation

Market Instruments

DUHFX advertises that it offers access to a wide range of trading instruments in financial markets, including currencies, indices, CFDs and commodities.

Trading Platform Available

Platforms available for trading at DUHFX are the world's most advanced and popularly-used MetaTrader4. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. Using suitable mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Customer Support

DUHFX‘s headquarters: Govant Building, BP 1276, Port Villa, Vanuatu. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.

Pros & Cons

Pros & Cons

User Reviews

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User comment

4

Comments

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囧男孩
more than one year
DUHFX's website has expired! So no need to waste time here. And I saw many people saying that they were cheated and the money has not been recovered.
DUHFX's website has expired! So no need to waste time here. And I saw many people saying that they were cheated and the money has not been recovered.
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2023-03-01 10:15
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王俊為
more than one year
Esta empresa se ha cerrado. Creo que estos ladrones se han fugado con dinero, ¡pero espero que sean llevados ante la justicia pronto! La regulación offshore significa un riesgo demasiado alto.
Esta empresa se ha cerrado. Creo que estos ladrones se han fugado con dinero, ¡pero espero que sean llevados ante la justicia pronto! La regulación offshore significa un riesgo demasiado alto.
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2022-11-28 18:10
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