Abstract:FGWH Limited, established in 2021, operates as an unregulated brokerage entity registered in United Kingdom. The platform with MetaTrader 4 (MT4) and MetaTrader 5 (MT5) white label offers complete system service for its clients.
Note: FGWH's official website: https://www.fgwhm.com/en/ is currently inaccessible normally.
FGWH Limited, established in 2021, operates as an unregulated brokerage entity registered in United Kingdom. The platform with MetaTrader 4 (MT4) and MetaTrader 5 (MT5) white label offers complete system service for its clients.
FGWH operates without any regulatory supervision, which raises doubts about its effectiveness. Lack of supervision increases the possibilities of unethical behavior and even fraud. Traders should be more cautious when dealing with FGWH.
Due to the inability to access FCWH's website, customers and stakeholders seeking information are facing difficulies.
FCWH lacks transparency in its cost structure, making it difficult for customers, investors, and regulators to assess its legitimacy and reliability.
The lack of regulatory oversight increases the risk of fraud, and decreases the safety of transactions.
According to a report on WikiFX, a user encountered difficulties in withdrawing funds and accessing assets.
As of now, there was only one piece of FGWH exposure in total.
Exposure. Scam
The user said that the platform had locked his account, preventing him from withdrawing his funds. You may visit: https://www.wikifx.com/en/comments/detail/Co202303168691703131.html
Classification | Unable to Withdraw |
Date | March 16, 2023 |
Post Country | Cambodia |
Given FGWH's lack of regulation, trading on the platform has high risks. The absence of regulation raises concerns about security, transparency, and the protection of investments. For greater safety, it is important to choose trading platforms that are regulated by official authorities.
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