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CHLFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-06 16:38

Abstract:CHLFX was registered by Coindesk Trading Capital Advisors Corporation, in New Zealand. CHLFX's regulation is suspicious, we can trade through MT4 and contact by email at service@chlfx.com.

  https://www.wikifx.com/en/dealer/6421726361.htmlNote: CHLFX's official website: https://CHLFX.live/ is currently inaccessible normally.

CHLFX Information

  CHLFX was registered by Coindesk Trading Capital Advisors Corporation, in New Zealand. CHLFX's regulation is suspicious, we can trade through MT4 and contact by email at service@chlfx.com.

CHLFX Information

Is CHLFX. Legit?

Is CHLFX. Legit?
Financial Conduct Authority(FCA)
Current StatusSuspicious Clone
Regulated by United Kingdom
License TypeInvestment Advisory License
License No.719546
Licensed InstitutionClayton Farm Machinery Limited

  CLF claims to be regulated by the Financial Conduct Authority(FCA) in the United Kingdom. However, according to the FCA, its current status is “Suspicious Clone.”

  When dealing with CLF, caution is advised to ensure financial security and regulatory compliance.

Is CHLFX. Legit?

Downsides of CHLFX

  • Lack of Transparency

  CHLFX needs more transparency, which would help evaluate their operating conditions and risk levels.

  • Limited information

  CHLFX's information is entirely restricted, which results in customers being unaware of potential costs, leading to financial loss.

  • Leakage Risks

  Inadequate information security measures at the broker make the client's personal and financial information vulnerable to leakage or attack.

Negative CHLFX Reviews on WikiFX

  On WikiFX, “exposure” is information users pass on by word of mouth.

  Clients must review the information and assess the risk before trading, especially for unregulated platforms. You can consult our platform for details. The client can find trader-related comments in our “Exposure” section, where our team will try our best to resolve any issues.

  There was only one piece of CHLFX exposure in total.

  Exposure 1. fraud

ClassificationSomeone abuses the user when he refuses the invest
Date2018-06-11
Post CountryHong Kong

  The user said that he was added by someone to invest. When he refused, he was abused. You may visit: https://www.wikifx.com/en/comments/detail/208064674411878.html .

Negative CHLFX Reviews on WikiFX

Conclusion

  Trading on Coindesk carries numerous risks and issues. Firstly, it is not regulated, posing legal risks for investors. Furthermore, the platform does not provide any contacts, which cannot guarantee the quality of service. Lastly, the lack of transparency can lead to investors losing their money.

  

Related broker

Suspicious Clone
CHLFX
Company name:CHL GROUP LIMITED
Score
1.59
5-10 years | Suspicious Regulatory License | Suspicious biz area | Suspicious Overrun
Score
1.59

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