EFUFX

EFUFX | 2024-08-07 19:19

Abstract：Established in 2017 and registered in Hong Kong, EFUFX is a broker working under dubious clone of VFSC control. EFUFX offers an email address atcs@efufx.com and a phone line at +852 37283 for customer service.

Note:EFUFX's official website:https://www.efufx.com/ is currently inaccessible normally.

Aspect	Information
Company Name	EFUFX
Registered Country/Area	Hong Kong
Founded Year	2017
Regulation	VFSC(Suspicious Clone)
Customer Support	Phone:+852 37283173Email:cs@efufx.com

EFUFX Information

Established in 2017 and registered in Hong Kong, EFUFX is a broker working under dubious clone of VFSC control. EFUFX offers an email address atcs@efufx.com and a phone line at +852 37283 for customer service.

Is EFUFX Legit or a Scam？

	Vanuatu Financial Services Commission(VFSC)
Current Status	Suspicious clone
Regulated by	VFSC
License Type	Retail Forex License
License No.	40436
Licensed Institution	Top 1 Markets limited

Downsides of EFUFX

Under a dubious clone of VFSC control, EFUFX operates, which calls into doubt the validity and authenticity of its regulatory stance.

Field investigations revealed evidence of EFUFX with a fake address in Australia and non-functional contact data including a fake email address and unavailability of customer care numbers.

Many complaints centre on major operational issues including lack of withdrawal options, website and iOS app downtime, and significant client financial losses sustained.

Negative EFUFX Reviews on WikiFX

An essential comment part in WikiFX is exposure.

Before trading on unofficial platforms, we recommend users to check this part.It shows material and evaluate dangers. Please kindly visit our website for details.

EFUFX has 4 exposures on WikiFX. I will introduce 2 of them.

Exposure.1 Withdrawal unavailable

Classification	Withdrawal unavailable
Date	March 26th,2020
Post Country	Hong Kong,China

The client claimed that unavailability of withdrawals results from disabled software.You should go to:

https://www.wikifx.com/en/comments/detail/202003265132878238.html

Exposure.2 Fake contacts

Classification	Fake contacts
Date	October 21st,2019
Post Country	Hong Kong,China

The client claimed EFUFX, now Forex, runs under a dubious platform and lacks any official contact information.One may visit:

https://www.wikifx.com/en/comments/detail/208106335721888.html

Conclusion

EFUFX, now Forex, is a risky trading decision having unclear regulatory status and been found to have used phoney contact details and addresses. Many complaints about disabled software and inaccessible withdrawals put focus on the risks associated with this broker. Customers should absolutely choose controlled brokers with accessible and publicly available data if they want a safe trading environment.

Broker Dealer knowledge

Related broker

No Regulation

EFUFX

Company name：EFu Group

Score

1.57

Website：http://www.efufx.com/

5-10 years | Suspicious Regulatory License | Suspicious biz area | Appointed Representative(AR)

Score

1.57

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