BrokersView
Search
Download
English
Sign In

FuslonFx

Save

Operating status: SCAM

Website: https://fuslonfx24.com/

Broker violations and abnormal records
  • 2023-06-08 The Italian CONSOB orders FuslonFx's website to be blacked out

    On June 9, 2023, the Italian Companies and Exchange Commission (CONSOB) ordered FuslonFx's website to be blacked out since it offers financial services illegally: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-9-june-2023/718268

    On June 9, 2023, the Italian Companies and Exchange Commission (CONSOB) ordered FuslonFx's website to be blacked out since it offers financial services illegally: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-9-june-2023/718268
  • 2023-06-12 BrokersView has reviewed that FuslonFx is an unregulated broker

    FuslonFx claims to be a trade name of Top Markets Ltd registered with the Hong Kong Securities and Exchange Commission under Hong Kong Exchange Code Number 25805. However, there is no such authority in Hong Kong and FuslonFx's operations are required to be regulated by the Hong Kong Securities and Futures Commission (SFC). However, our search for this broker in the SFC register didn't yield any results. This means that FuslonFx is operating outside the regulatory framework. In addition, the Italian Companies and Exchange Commission (CONSOB) has ordered FuslonFx's website to be blacked out since it offers financial services illegally.

    In essence, FuslonFx is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    FuslonFx claims to be a trade name of Top Markets Ltd registered with the Hong Kong Securities and Exchange Commission under Hong Kong Exchange Code Number 25805. However, there is no such authority in Hong Kong and FuslonFx's operations are required to be regulated by the Hong Kong Securities and Futures Commission (SFC). However, our search for this broker in the SFC register didn't yield any results. This means that FuslonFx is operating outside the regulatory framework. In addition, the Italian Companies and Exchange Commission (CONSOB) has ordered FuslonFx's website to be blacked out since it offers financial services illegally.In essence, FuslonFx is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

What fees will I be charged when using the online payment solutions?

izwan
Guadeloupe
2023-06-16
ANSWER FuslonFx is an unlicensed broker that we advise against trading with despite the seemingly attractive deals it offers.FuslonFx claims to be a trade name of Top Markets Ltd registered with the Hong Kong Securities and Exchange Commission under Hong Kong Exchange Code Number 25805. However, there is no such authority in Hong Kong, and FuslonFx should fall under the regulation of the Hong Kong Securities and Futures Commission (SFC). However, our search for this broker in the SFC register didn't yield any results, indicating that FuslonFx is operating outside the regulatory framework. Furthermore, the Italian Companies and Exchange Commission (CONSOB) has taken action against FuslonFx by ordering the blackout of its website due to its illegal offering of financial services. You can access the warning here.Regarding your question, we suggest you avoid FuslonFx since it is an unlicensed broker. It is a fraudulent platform carrying significant risks including financial losses and identity theft, as there are no rules in place to safeguard investors. Therefore, to avoid such risks, investors are encouraged to stay away from unlicensed brokers like FuslonFx and choose fully regulated ones.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.