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Score
Belize
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index7.51
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
Note: For some unknown reason, we cannot open Da Fu Finances official site (http://www.fuluda.com.cn/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
Risk Warning
The BelizeFSC regulatory (license number: IFSC/60/431/TS/17) claimed by this broker is a suspicious clone, please be aware of the risk!
Online trading involves a significant level of 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
Da Fu Finance, a trading name of Definite Financial Ltd, is allegedly a financial company registered in Belize that claims to provide its clients (Chinese market only) with the industry-standard MetaTrader4 trading platform.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.
As for regulation, it has been verified that Da Fu Finance holds a suspicious clone Financial Services Commission (FSC) license. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and it receives a relatively low score of 1.50/10. Please be aware of the risk.
Trading Platform Available
The platform available for trading at Da Fu Finance is the state-of-the-art 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. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Customer Support
Da Fu Finance‘s customer support can be reached by telephone: 15701301502,010-58496366, 0315-8053663, email: dafu1@fuluda.com.cn, dafu@fuluda.com.cn. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.
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