No restriction on the broker account. Provide service support by WikiFX
It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
The United StatesNFA regulatory (license number: 0404603) claimed by this broker is a suspicious clone, please be aware of the risk!
Scan to Download
National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.
Current Status:Suspicious Clone
License Type:Common Financial Service License
Regulated in Country/AreaUnited States
Regulatory License No.：0404603
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
Official Website Unavailable
We could not get relevant information due to failing to visit the official website, besides, the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.
In addition, if clients would like to know something detailed, please try to visit the official website, although it is likely that it does not work. Furthermore, the official website is as follows: http://www.usafx.cn/zh-cn/
USAFX, owned by the U.S.A.FUND, LLLP, is an experienced broker in business, additionally, it was registered in the United Kingdom, however, this broker has not provided any office location info as well as the regulation details, also, all we know is that it has been verified that this broker currently has no valid regulatory, besides, it is likely to be a suspicious clone company.
The information we searched on the other website is that USAFX is likely an investment corporation, however, we could not get the specific investment assets.
Accounts & Leverage
Based on ones initial investment, USAFX offers multiple account types with very different conditions, that is Mini Account, Standard Account, VIP Account, as well as ECN Account, the minimum deposit varies between $100 and $20,000, for instance, the minimum amount for the Mini Account is $100, moreover, clients who are a member of Standard Account are allowed to deposit 500 USD, additionally, the VIP Account sets the limit to the assets for the amount of 5,000 USD, clients have to deposit 50,000 USD to open the ECN Account, concerning the leverage, USAFX offers the maximum leverage of 1:500. moreover, all three accounts requires clients to trade with 0.1 lot except for the Mini Account.
USAFX is non MT4/MT5 provider, the information and details we gathered are that this broker provides traders or investors with the web-based trading platform, which is not as reliable as MT4/MT5, instead clients could apply this trading platform with multiple time frames, charts, and some of the most popular drawing tools and price indicators.
We could not get relevant contact information due to failing to visit the official website, if clients would like to know about this broker in-depth, please try to visit the official website.
Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suitable for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, tax, and financial advisers.
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.