Abstract:Operating with an illegal NFA status, IUBO, registered in the Virgin Islands and founded in 2004, The firm provides client help by phone at 4001522678 and email at service@iubofx.com in addition to trading via MT4/5 systems.
Note:IUBO's official website:https://www.iubofx.com/en/ is currently inaccessible normally.
Aspect | Information |
Company Name | IUBO |
Registered Country/Area | The Virgin Islands |
Founded Year | 2004 |
Regulation | NFA(Unauthorized) |
Trading Platform | MT4/5 |
Customer Support | Phone: 4001522678, Email:service@iubofx.com |
Operating with an illegal NFA status, IUBO, registered in the Virgin Islands and founded in 2004, The firm provides client help by phone at 4001522678 and email at service@iubofx.com in addition to trading via MT4/5 systems.
National Futures Association(NFA) | |
Current Status | Unauthorized |
Regulated by | NFA |
License Type | Common Financial Service License |
License No. | 0509434 |
Licensed Institution | IUBO INVESTMENT MANAGEMENT CO LTD |
On WikiFX, “Exposure” is listed as a word of mouth recommendation from users.
Traders should evaluate information and analyze risks before trading on unregulated platforms. Please browse our platform for further information. By reporting dishonest brokers in our Exposure area, you can help our staff address any problems you may run into.
Currently, there are eight pieces of IUBO exposure. I'll introduce two of them.
Exposure.1 Scam
Classification | Scam |
Date | September 20th,2018 |
Post Country | HongKong,China |
The client claimed IUBO is a financial fraud tool used for market manipulation.You may visit:
https://www.wikifx.com/en/comments/detail/208097309320729.html
Exposure.2.Fake slippage
Classification | Fake slippage |
Date | September 24th,2018 |
Post Country | HongKong,China |
The customer claimed IUBO resulted in substantial losses with fake slippage, whereby crude oil prices fell dramatically in a minute on August 28.You may visit:
https://www.wikifx.com/en/comments/detail/208093205321917.html
In essence, trading with IUBO is dangerous given documented cases of false slippage and market manipulation. To guarantee a more safe trading experience, it is advisable to select well regulated and open brokers.
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