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The WikiFX Score of this broker is reduced because of too many complaints!

Fasonla Tech

Hong Kong|2-5 years|
Suspicious Scope of Business|Suspicious Overrun|High potential risk|

https://www.fasonla.com/en/index.htm

Website

Rating Index

Contact

+852 62878699
services@fasonla.com
https://www.fasonla.com/en/index.htm
Rm 1517,15F Amiata Industrial Building,58 Lei Muk Road,Kwai Chung
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+852 62878699

Broker Information

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Company Name

Fasonla Tech Limited

Company Abbreviation

Fasonla Tech

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-05-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 32 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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Pyramid scheme complaint
Expose
Unable to Withdraw

Fasonla Tech. This broker cannot withdraw

Fasonla Tech. This broker is unable to withdraw, saying that they can withdraw but I need to pay taxes. After payment, they say that the account is supervised and I need to pay channel fees. Even the part that has not been withdrawn is also required to be paid for channel payments and finally disappears. The application for withdrawal of 4.45 million yuan has disappeared!

2022-08-04 20:43
Scam

The company is basically a fraudulent website, and it has to pay 20% of overseas earnings when withdrawing money.

In the beginning, I clicked and watched stock advertisements from FB. An assistant came to contact you and invited you to join the group, and encouraged you to join their "U.S. dollar account value-added plan". A teacher would take you in and out, and then encourage you to join a more advanced membership (that is, investing more money). It was not until the beginning of July that I found out from the Internet that some netizens complained that they were scams and i wanted to withdraw money. (They are divided into 2 parts, one is that investment teacher's studio is responsible for withdrawal, and the 6.5% handling fee is used as compensation for the withdrawal. The other part is that the Internet company is responsible for the deposit and withdrawal. Later, a sum of 100,000 US dollars is required. 195,000 has been remitted to the studio. Later, the Internet company said that your account was found by the Internal Revenue Service, and you need to pay another 20% of the tax to withdraw it. At this point, it has been confirmed that this is a fraud. (The first 3 times require 20% fee to apply for withdrawal) My account currently has 1 million US dollars. And I have applied for coordination in early August, but no one has contacted me so far.

2022-08-18 22:04
Scam

Induce to place orders and liquidate position to scam compensation

At first, I met on the line and chatted for a while and said that I would take me to play foreign exchange. First, I tried it with 1,000 US dollars. After making a profit on the first day, I asked me to withdraw money with 20 US dollars to try the process. After the third time, I asked me to increase the amount. The principal, saying that the funds are too small can’t help the market fluctuates. After I refused, I changed the order to play silver for the fourth time, saying that it is more suitable for people with small principals to play. In the end, I went to an index that no other platform has ever experienced, which caused me to lose my position.

2022-11-22 13:34
Scam

Fake investment, no response to application for withdrawal

They are in the name of "Stage Horse Investment", there are 2 "Teachers" (Lai Junshu, Huang Zhiwei), 1 "Assistant" (Lin Ziqing), 1 "Customer Service Manager" and others (with pictures for reference), join through LINE "Private group", teachers and assistants lead everyone to operate. In the beginning, I took members to operate stocks. Due to the recent poor stock market, I took members to operate financial products such as gold and crude oil on MT5. After the "assistant" first completed the "MT5 operation instruction process", then the "customer service manager" will meet Say: The company's "accounting staff" provides the "deposit bank account number" to assist me in depositing money to the platform. After the deposit is successful, I can see the amount of my deposit on MT5 and the platform. And when the profit wants to be withdrawn into the account, it is necessary to pay the so-called "20% personal income tax". In the name of half (10%) of the company's burden, I must first pay 10% of the profit before it is recognized. Gold can be withdrawn. At the end of the process, I also paid 10% of the so-called personal income tax, but it was not credited for a long time, and then my LINE was blocked and kicked out of the group. Up to now, LINE has not contacted again, and there is no audio at all. (Withdrawal/Deposit) Platform URL: https://www.fasonlacrm.net/ The whole process has been around for more than a month. There was no response to the 380,000-dollar withdrawal, and no customer service could be contacted. Apply for $100,000 in damages

2022-07-13 23:15
Unable to Withdraw

Unable to withdraw! Hope the platform can provide assistance to get the funds back

Fasonla's manager Deng claimed that his company has the general financial registration of the US NFA, but the NFA official website has no information. Once the deposit and withdrawal platform suddenly jumped out of the 165 scam page, I was shocked and wanted to get back the funds quickly, but everything was ok before withdrawing. Manager Deng also told me to apply for withdrawal. It was only after taking the initiative to ask that the deposit should be paid, and it was a temporary decision to collect the deposit. I seriously suspected that it was suspected of fraud, and I broke the news. I hope the platform will provide assistance to get the funds back, and I hope everyone will not suffer any more!

2022-08-02 23:55
Scam

Fake investment, no response to withdrawal

Fraud record: They are in the name of "Stage Investors", There are so-called 2 "teacher", 1 "assistant", 1 "customer service manager", etc. (with pictures for reference), Join a "private group" through LINE, and teachers and assistants will guide everyone to operate. At the beginning, I took members to operate stocks, Due to the recent poor stock market, Instead, bring members to operate financial products such as gold and crude oil on MT5, After the "assistant" first completes the "MT5 operation instruction process", Then the "customer service manager" will say: the company "debit person" provides the "bank account number for depositing money" (refer to "Remittance 1~11, Ziqing withdrawal.png"), Help me to deposit funds to the platform. After the deposit is successful, I can see the amount of my deposit on MT5 and the platform. And when the profit wants to be withdrawn into the account, it is necessary to pay the so-called "20% personal income tax". In the name of half (10%) of the company's contribution, they asked me to pay 10% of the profit before I could withdraw. (Refer to "Withdrawal income 1.png") The process also pays 10% of the so-called personal income tax at the end, But it hasn't been credited yet. Then I blocked my LINE and kicked it out of the group. Up to now, LINE has not contacted again. No audio at all. The profit of 380,000 US dollars was completely withdrawn and there was no response at all, and no customer service could be contacted. (Withdrawal/Deposit) Platform URL: https://www.fasonlacrm.net/ The whole process took about a month

2022-07-12 16:01

    Fasonla Tech · Company Summary

    General Information

    Fasonla Tech Limited is an online forex broker registered in the United Kingdom, with its branches in many regions around the world, including Europe South America, Asia, and Africa, South America. Although this broker is established relatively young compared with other forex brokers, it still performs quite well in the financial industry. Fasonla Tech Limited offers its clients access to a wide range of trading instruments through advanced MT4 trading platform, leverage up to 1:400, as well as 24x7 customer support to provide clients with personalized service during market opening hour.

    General

    Regulatory Details

    Concerning regulatory information, Epoch Financial Ltd is authorized and regulated by National Futures Association (NFA), with Regulatory License o. 0547196.

    Market Instruments

    With Fasonla Tech Limited, tarders are given a wide selection of trading options, including overseas stocks, precious metals, foreign exchange, natural gas, and cryptocurrencies. Traders have the freedom to select one of them to use based on the preferences that they have towards trading.

    Minimum Deposit

    The minimum deposit required to start trading with Fasonla Tech Limited is as high as $10000. However, most brokers need a minimum deposit of approximately $200. Certain major players in the foreign exchange market, such as HotForex and XM, offer micro accounts, and a deposit of only $5 is sufficient to begin investing with them.

    Investment Plans

    Fasonla Tech Limited offers a tiered investment plan listed below. If you invest in $10,000 with this platform one month, you will get a monthly income of $4,600; $20,000 invested, with a monthly income of $9,200. Overall, the more funds invested, you more return you will get.

    Trading Platform Available

    Fasonla Tech Limited offers its clients access to the worlds most popular trading platform-MetaTrader 5. The MetaTrader5 platform is suitable for your skilllevel and trading approach, regardless of whether you are an experienced trader or just starting out. The platform provides users with sophisticated tools for technical analysis, automatic trading capabilities (EAs), and mobile applications, all of which are utilized by millions of traders all over the world. Traders are also able to examine their orders, trades, account details, and keep up to date with the most recent market circumstances thanks to the intuitive user interface that is provided by the platform.

    Deposit & Withdrawal

    Fasonla Tech Limited is vague on how deposits and withdrawals work. Wire transfer, MasterCard, VISA, Maestro, and a slew of e-wallet processors like Skrill, Neteller, PayPal, and others are some of the most prevalent and popular payment alternatives handled by most forex brokers. The speed at which funds can be taken from a forex broker is one of the most crucial factors in establishing the broker's credibility.

    Customer Support

    Fasonla Tech Limited allows clients with any trading-related issues to have quick access to its 24 online customer care through its global customer service line: service@fasonla.com, Line, WhatsApp.

    Company registered address: Rm 1517,15F Amiata Industrial Building,58 Lei Muk Road,Kwai Chung.

    Besides, you can also follow this broker on some popular social media platforms including Facebook, Twitter, Instagram and Pinterest.

    Service Hour: Mon-Sat 8:00 am to 6:00 pm.

    User Reviews

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    User comment

    7

    Comments

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    上瘾63902
    more than one year
    This company has already deceived dozens of people, but it can still provide services in an open manner! I really don't know why they weren't arrested.
    2023-02-23 11:42
    Reply
    0
    0
    lung6586
    more than one year
    This customer service has deceived many people, and I am one of the victims. The woman in the following photo should have deceived many people. She's part of a scam ring
    2023-01-05 21:12
    Reply
    0
    0
    Danai Sripuban
    more than one year
    A long time ago, this foreign exchange platform contacted me and promised to provide me with a superior trading environment. But I checked their regulatory information and found out that they do not have any qualifications to provide foreign exchange trading services. So don't be fooled by them, there are a lot of negative reviews about them online now.
    2022-12-15 09:40
    Reply
    0
    0
    hunter2251
    more than one year
    It is a completely fraudulent trading website. It openly uses its trading system to defraud deposits in Taiwanese society, but cannot withdraw funds at all. Withdrawals have to pay taxes, security deposits, and management fees. Almighty catch the head and the man behind the scenes, otherwise Taiwan will only continue to sink in this way, I am one of the victims
    2022-12-12 08:56
    Reply
    0
    1
    lung6586
    more than one year
    Sometimes I really think that the release of Forex SkyEye is too slow, so we, investors, suffer even more! Do you feel the same way?
    2022-12-06 23:39
    Reply
    0
    4
    lung6586
    more than one year
    I just read the report that a driver was caught! The mastermind behind the scenes must be caught too! Only in this way can it be cured! This one is really cheating! i am one of the victims
    +3
    2022-12-06 23:33
    Reply
    0
    1
    lung6586
    more than one year
    This company is a fraudulent group. Its predecessor was MAX market, and now it has changed its layout! As shown below! Please be careful! ! !
    2022-12-06 00:33
    Reply
    0
    0
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