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FAN HUA GROUP

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Operating status: SCAM

Website: http://www.fanhuagroup.vip

Broker violations and abnormal records
  • 2023-08-16 BrokersView has Reviewed that FAN HUA GROUP is an Unregulated Broker

    There is no any regulatory information on its website. This broker locates in HONG KONG, but we don't find the correct information on HK SFC matching to FAN HUA GROUP. The truth is that FAN HUA GROUP is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    There is no any regulatory information on its website. This broker locates in HONG KONG, but we don't find the correct information on HK SFC matching to FAN HUA GROUP. The truth is that FAN HUA GROUP is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A Complaints

Do you recommend that traders trade with FAN HUA GROUP?

Yevheniy Keane
Libya
2023-09-13
ANSWER No, because FAN HUA GROUP is an unlicensed broker.The website of FAN HUA GROUP is poorly designed and not well-functioning. Most of the links on it are dead or without any content. It showcases several photos of unknown awards to build its credibility, but it fails to disclose any regulatory information, which is essential for a trustworthy broker. This is a red flag.Despite claiming to be a broker holding multiple financial licenses, FAN HUA GROUP has not provided any evidence to support its assertion, which turns out to be false.Therefore, we strongly suggest investors steer clear of FAN HUA GROUP. It is an unlicensed broker that poses significant risks such as financial losses and identity theft, which could be financially and personally devastating. No rules in place can protect traders dealing with the platform. As such, to mitigate such risks, it is advisable to choose a fully regulated broker instead.
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