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

FITBELA EPRO

United Kingdom|2-5 years|
Suspicious Regulatory License|White label MT4|Regional Brokers|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

https://www.fitbelaepro.com.tw/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
FITBELAEpro-Live MT4
Server Location Hong Kong

Contact

support@fitbelaepro.com
https://www.fitbelaepro.com.tw/
11E CAPITAL HOUSE 61 AMHURST ROAD,LONDON,UNITED KINGDOM E8 1LL
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

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Broker Information

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Company Name

FITBELA EPRO Limited (UK)

Company Abbreviation

FITBELA EPRO

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 4
Previous Detection : 2024-04-25
  • 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 35 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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Scam

Induce fraud

They closed my position without any warning. Totally unfair and vile. The information is confusing and misleading, and I think it's intentional because your loss is their gain. I also found out that they closed the position before the stop was activated, which cost me over 68,000, I wrote a detailed complaint and disputed it through Traceasset (traceasset.org), which turned out in my favor, and Instructed FITBELA to consent to my withdrawal. The playground isn't even there at all, they're too crafty to trust.

2022-06-20 15:50
Others

Manipulation from backstage and malicious money laundering

At first, I suddenly received a phone call, which said that it was from a securities company. Now they are setting up an insider information stock, saying that they will add my WeChat and invite me in to discuss stocks together. At that time, I was pulled into a stock speculation group. There were several teachers in the group who were usually busy with lectures and analysis. The assistants gave orders and let the investors follow. After listening to it for a long time, I felt that what the teachers said was very reasonable, so I followed the instructions in the live broadcast room, and I did not expect to make a lot of profit. Later, the teacher said that if I found a good platform to make money, I would make money together with Sujiang Kaijing. I have never been in contact with this, but the teacher brought me to trade stocks and made a profit. The teacher promised me that I could make money even several times a week, so I agreed. Now, the teacher urged me to open an account quickly. Later, the teacher called the order in the group. That was the first time I made an order and followed the teacher's team to invest in an order. As a result, I immediately earned 20,000 yuan. The teacher asked me to add money at this time, saying that the bigger the fund, the greater the profit, so I added an additional 400,000 to the platform. Later, the teacher kept asking me to increase the capital investment. I had no funds to invest, so I rejected the teacher's proposal. Request, the backstage control dropped by more than 4,000 pips the next day, and it suddenly blew my position. Bitcoin did not fluctuate so much that day, serious malicious money laundering

2022-06-21 19:55
Unable to Withdraw

The fraud platform recommended by Kong Jie, Jiang Kaijing, and assistant Hanhan cannot withdraw money

Around April 20, 2022, Hanhan, who called himself Kong Jie's assistant, added QQ. He first gained trust by recommending stocks and then induced the opening of a FITBELA EPRO account to buy and sell bitcoin transactions. The order was copied at 8:00 p.m. on June 7, 2022. I was maliciously liquidated and the principal was hacked. Later, I applied for account clearing through assistant Hanhan. On June 15, 2022, there was a deposit in the account, and then I applied for withdrawal, but I have been unable to withdraw funds.

2022-06-28 11:14
Unable to Withdraw

Induced to open a FITBELA EPRO account to copy orders to operate Bitcoin, the classroom copy operation malicious slippage, the account liquidation was hacked and the principal was hacked

Around April 20, 2022, Jing Ru, who claimed to be Assistant Kong Jie, added QQ to QQ, and was pulled into a stock recommendation group. On May 8, a live class of the nuclear war financial circle was opened, claiming to be the Hongchuang Fund Organization. In the stock speculation competition, the finalists are Jiang Kaijing, Li Sen, Liu Yong, and Kong Jie. Each account has one vote every day. The one with the most votes at the end of the competition can get the 1.5 billion fund provided by Hongchuang Fund for a period of 2 years of management. At the beginning of the live broadcast class, every day was to share the market, explain stock knowledge, and recommend stocks. Later, Kong Jie came up with a private equity ticket Xuetian Salt Industry that claimed to be three times the bull stock. Bitcoin profit plan, and then Kong Jie also launched the Bitcoin profit plan. I opened a FITBELA EPRO account under the guidance of Jingru's sharing website in class and in the classroom, downloaded the computer version of the FITBELA Epro MT4 Terminal software and the mobile version of the MetaTrader 4APP, and learned how to buy and sell Bitcoin under the guidance of Jingru's assistant. In the class, Kong Jie is divided into 4 echelons according to the size of the funds. The lowest echelon requires a fund of not less than 50,000 US dollars. Before 20:00 on June 7th, every order in the live class is profitable. At 20:00 on June 7th, 2022, Beijing time, Jiang Kaijing's class time will buy more orders, and the purchase price is about 29300 points. After the purchase, the market fell by more than 6,000 points and quickly pulled back within 1 minute. Many people in the class had their accounts liquidated. When looking at the Sina Bitcoin price and the Ouyi Bitcoin price, the price of Bitcoin during this period was not lower than 29,000 points, but only the software recommended for us to use showed a Bitcoin price of about 23,000 points. After the liquidation, we asked an assistant to apply for account clearing, but the application for withdrawal was rejected, and the withdrawal was rejected.

2022-06-21 16:18
Unable to Withdraw

Withdrawal denied 8times

I've traded on the FITBELA EPRO Limited platform; the site itself is poor, and the customer service is pitiful, utterly unprofessional, and of no assistance. There are no contact details or assistance from trading managers. They wouldn't mind if you were in a pitch-black space. They asked for some documentation after my deposit today, which I immediately submitted, but the account was still limited. Despite this, they later emailed me to say that the account has been approved, but I'm still trapped. I was locked out of my account shortly after deposit and had to use AssetsClaimBack recovery service to get a refund, I later inquired about what had happened and was informed that the paperwork had not been authorized.

2022-06-30 04:30
Scam

Induced to open a FITBELA EPRO account to copy orders to operate Bitcoin, copy operation via lectures and malicious slips, the account is liquidated and the principal was hacked

Around April 20, 2022, Hanhan, who claimed to be Assistant Kong Jie, added QQ to QQ, and was pulled into a stock recommendation group. On May 8, a live class of the nuclear war financial circle was opened, claiming to be the Hongchuang Fund Organization. In the stock speculation competition, the finalists are Jiang Kaijing, Li Sen, Liu Yong, and Kong Jie. Each account has one vote every day. The one with the most votes at the end of the competition can get the 1.5 billion fund provided by Hongchuang Fund for a period of 2 years of management. At the beginning of the live broadcast class, every day was to share the market, explain stock knowledge, and recommend stocks. Later, Kong Jie came up with a private equity ticket Xuetian Salt Industry that claimed to be three times the bull stock. Bitcoin profit plan, and then Kong Jie also launched the Bitcoin profit plan. I opened a FITBELA EPRO account under the guidance of Hanhan's shared website in the classroom and in the classroom, downloaded the computer version of the FITBELA Epro MT4 Terminal software and the mobile version of the MetaTrader 4APP, and learned how to buy and sell Bitcoin under the guidance of Hanhan's assistant. In the class, Kong Jie is divided into 4 echelons according to the size of the funds. The lowest echelon requires a fund of not less than 50,000 US dollars. Before 20:00 on June 7th, every order in the live class is profitable. At 20:00 on June 7th, 2022, Beijing time, Jiang Kaijing's class time will buy more orders, and the purchase price is about 29300 points. After the purchase, the market fell by more than 6,000 points and quickly pulled back within 1 minute. Many people in the class had their accounts liquidated. When looking at the Sina Bitcoin price and the Ouyi Bitcoin price, the price of Bitcoin during this period was not lower than 29,000 points, but only the software recommended for us to use showed a Bitcoin price of about 23,000 points. After the liquidation, we asked the assistant to apply for account clearing. On June 15, there was a fund in the account, and the application for withdrawal was rejected, indicating that it was not operated and refused to withdraw.

2022-06-19 21:26
Others

Kong Jie, Jiang Kaijing, Li Sen, Liu Yong, and assistant Hanhan are a scam group to induce the opening of the FITBELA Epro account, and cooperate with platform to maliciously slipped and liquidated the position to steal investor's principal, and the remaining principal of the account could not be withdrawn.

Around April 20, 2022, Hanhan, who claimed to be Kong Jie's assistant, added QQ to QQ, and joined a stock recommendation group. They first recommended stocks to Xiaoen Xiaohui to gain the trust of investors. Create a mysterious triple bull stock Xuetian Salt Industry, let investors take orders at a high level, and then induce investors to open a FITBELA Epro account to buy and sell Bitcoin by judging that the risk of falling in the market is high. The early fraud gang combined with the FITBELA Epro MT4 Terminal platform to allow investors to follow After earning trust, Shannon encourages investors to deposit funds, and when investors are paralyzed and careless, the classroom brings the malicious slippage of the single joint platform to black out all the investors' principal. If investors make a loss with others at will, Kong Jie can help designate a profit plan to return the capital to induce investors to borrow money and invest. The self-proclaimed Hongchuang Fund in the early stage is actually a lie. There is no Hongchuang Private Equity Investment Co., Ltd. in mainland China. The so-called T+1 withdrawal is also a scam. The web server for the live class is also in the United States. Once investors find out the scam and question them, they will kick the investor out of the live class, QQ contact group, and CC group, making it impossible for investors to find it.

2022-06-24 22:26
Unable to Withdraw

I was induced to open a FITBELA EPRO account to copy orders to operate Bitcoin, and the classroom copy orders to operate maliciously with slippage. The account was liquidated and the principal was hacked. Later deposits in the account refused to withdraw cash.

Around April 20, 2022, Hanhan, who claimed to be Assistant Kong Jie, added QQ to QQ, and was pulled into a stock recommendation group. On May 8, a live class of the nuclear war financial circle was opened, claiming to be the Hongchuang Fund Organization. In the stock speculation competition, the finalists are Jiang Kaijing, Li Sen, Liu Yong, and Kong Jie. Each account has one vote every day. The one with the most votes at the end of the competition can get the 1.5 billion fund provided by Hongchuang Fund for a period of 2 years of management. At the beginning of the live broadcast class, every day was to share the market, explain stock knowledge, and recommend stocks. Later, Kong Jie came up with a private equity ticket Xuetian Salt Industry that claimed to be three times the bull stock. Bitcoin profit plan, and then Kong Jie also launched the Bitcoin profit plan. I opened a FITBELA EPRO account under the guidance of Hanhan's shared website in the classroom and in the classroom, downloaded the computer version of the FITBELA Epro MT4 Terminal software and the mobile version of the MetaTrader 4APP, and learned how to buy and sell Bitcoin under the guidance of Hanhan's assistant. In the class, Kong Jie is divided into 4 echelons according to the size of the funds. The lowest echelon requires a fund of not less than 50,000 US dollars. Before 20:00 on June 7th, every order in the live class is profitable. At 20:00 on June 7th, 2022, Beijing time, Jiang Kaijing's class time will buy more orders, and the purchase price is about 29300 points. After the purchase, the market fell by more than 6,000 points and quickly pulled back within 1 minute. Many people in the class had their accounts liquidated. When looking at the Sina Bitcoin price and the Ouyi Bitcoin price, the price of Bitcoin during this period was not lower than 29,000 points, but only the software recommended for us to use showed a Bitcoin price of about 23,000 points. After the liquidation, we asked the assistant to apply for account clearing. On June 15th, the account received a sum of funds, the application for withdrawal was rejected, and it was prompted that no operation was performed, and the withdrawal was refused; after a foreign exchange transaction was performed on the platform on June 17, 2022, I applied for withdrawal on June 19, 2022, but it was still refused to withdraw in 2022, indicating that it was not operated and refused to withdraw. When inquiring about the name of the sponsor, Hongchuang Fund, the assistant replied that it was Hongchuang Private Equity Investment Co., Ltd. As a result, there is no Hongchuang Private Equity Investment Co., Ltd. in mainland China. company of. At present, I have been kicked out of the QQ group, CC group and https://www.kppq7.com/rk/610ws live class by Kong Jie’s assistant Hanhan

2022-06-20 11:15

    FITBELA EPRO · Company Summary

    Note: FITBELA EPROs official site - https://www.fitbelaepro.com.tw/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

    FITBELA EPRO Review Summary in 10 Points
    Founded 2-5 years
    Registered Country/Region United States
    Regulation NFA unauthorized
    Market Instruments Currency Pairs, Cryptocurrencies, Precious Metals (Gold, Silver, Platinum) and other financial derivatives
    Demo Account Not disclosed
    Leverage Up to 1:500
    EUR/USD Spread Start from 0.0 pips
    Trading Platforms MT4
    Minimum Deposit Not disclosed
    Customer Support Address, Email

    What is FITBELA EPRO?

    FITBELA EPRO, is a United States -based global brokerage firm who operates in the United Kingdom. It offers Currency Pairs, Cryptocurrencies, Precious Metals (Gold, Silver, Platinum) and other financial derivatives as its market instruments to traders. However, it is important to note FITBELA EPRO currently has an NFA unauthorized regulatory status which raises concerns when trading.

    In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

    Pros & Cons

    Pros Cons
    • Wide range of trading instruments across multiple asset classes • NFA unauthorized
    • MT4 trading platforms • Lack of transparency
    • Website unfunctional
    • Limited details on payment methods
    • Limited customer support channels
    • Negative reviews from their clients

    FITBELA EPRO offers several advantages, including a wide variety of trading instruments across different asset classes and the use of the popular MT4 trading platform, and these features cater to a broad base of trader preferences and strategies.

    However, numerous significant downsides exist. Not being authorized by the NFA raises questions about its legality and compliance. The platform also suffers from a lack of transparency that may deter potential clients due to trust issues. A dysfunctional website could negatively impact users' experience considerably. Limited information available on payment methods may complicate the payment process for users. Furthermore, having limited customer support channels means users might face delays or limitations in obtaining necessary assistance. Negative reviews from clients also tarnish FITBELA EPRO's reputation and may reflect underlying issues with service quality or user satisfaction.

    Is FITBELA EPRO Safe or Scam?

    When considering the safety of a brokerage like FITBELA EPRO or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

    • Regulatory sight: It is not regulated by any major financial authorities, the NFA (National Futures Association) with license no. 0543828 indicates that there is no guarantee that it is a safe platform to trade with. Besides, the official website of the broker is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky.

    unauthorized NFA license
    • User feedback: 35 reports regarding scams, system slippage and unable to withdraw on WikiFX should be taken into consideration as potential red flags. It is recommended to conduct thorough research and due diligence before engaging with any broker or investment platform.

    • Security measures: So far we cannot find any security measures info on Internet for this broker.

    Ultimately, the decision of whether or not to trade with FITBELA EPRO is a personal one. You should weigh the risks and benefits carefully before making a decision.

    Market Instruments

    Market Instruments

    FITBELA EPRO provides its clients a diverse range of market instruments to trade with.

    These comprise not only traditional Currency Pairs, which allow traders to exploit exchange rate fluctuations, but also Cryptocurrencies, offering opportunities in one of the most innovative and volatile sectors of finance.

    Precious Metals, including Gold, Silver, and Platinum, are also available, giving traders access to stable, tangible assets often used as safe havens during times of economic uncertainty.

    Additionally, FITBELA EPRO extends its offerings to other financial derivatives, expanding the possibilities for trading strategies and risk management. T

    Leverage

    FITBELA EPRO offers its clients leverages up to 1:500. Leverage is a powerful tool that allows traders to control a larger position in the market with a relatively smaller amount of capital. With a leverage ratio of 1:500, clients have the potential to amplify their trading positions substantially, thus increasing the potential for both profits and losses.

    While higher leverage can enhance trading opportunities, it also comes with increased risk, as market fluctuations can have a more significant impact on account balances. Traders are advised to approach leveraged trading with a thorough understanding of the associated risks and to implement risk management strategies diligently.

    Spreads & Commissions

    FITBELA EPRO operates with an enticingly low spread structure that begins from 0.0 pips. This presents traders with the potential to reap substantial benefits by significantly lowering trading costs.

    However, FITBELA EPRO has not yet disclosed its commission structure to the public. Commission, which is traditionally a separate cost in addition to the spread, could affect the overall trading cost to the client. Therefore, before engaging in trading activities with FITBELA EPRO, potential clients should seek further clarification regarding this undisclosed commission structure with broker directly. This will enable them to comprehensively understand the total cost implications associated with the trading platform.

    Trading Platforms

    FITBELA EPRO provides access to one of the most popular and widely used trading platforms – MetaTrader 4 (MT4).

    MT4 is highly esteemed due to its ease of use, robust functionality, and a comprehensive arsenal of analytical tools. It aids traders in executing and managing trades efficiently while offering advanced charting capabilities, customizability, algorithmic trading, and compatibility with a multitude of devices. With MT4, FITBELA EPRO provides its clients the ability to engage the markets with superior speed, optimal versatility, and effective analysis.

    User Exposure on WikiFX

    On our website, you can see that total 35 reports scams, system slippage and unable to withdraw on WikiFX which should be marked as red flag. Traders are encouraged to carefully review the available information. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

    User Exposure on WikiFX

    Customer Service

    FITBELA EPRO's customer support is limited to email and postal correspondence. Though ensuring structured communication, it may restrict real-time assistance and could potentially extend response times.

    Email: support@fitbelaepro.com.

    Address: 11E CAPITAL HOUSE 61 AMHURST ROAD, LONDON, UNITED KINGDOM E8 1LL.

    Conclusion

    According to available information online, FITBELA EPRO is a US-based brokerage firm who operates in the UK. It offers Currency Pairs, Cryptocurrencies, Precious Metals (Gold, Silver, Platinum) and other financial derivatives as market instruments to traders.

    However, the fact that it is NFA unauthorized regulatory status is an immediate red flag, as regulated brokers are subject to oversight and compliance with established financial regulations, providing clients with a level of assurance and protection. The lack of proper regulation and oversight increases the potential risks for traders, leaving them vulnerable to potentially fraudulent activities or misconduct. Additionally, an unfunctional website indicates a lack of professionalism and attention to details, which further erodes confidence in the company's ability to provide reliable and efficient services. Besides, 35 reports of scams and unable to withdraw that also raise concerns.

    As such, individuals considering FITBELA EPRO as their brokerage firm should exercise extreme caution and thoroughly research alternative, regulated options that prioritize transparency, security, and accountability.

    Frequently Asked Questions (FAQs)

    Q 1: Is FITBELA EPRO regulated?
    A 1: No. It has been verified that this broker currently has an NFA unauthorized regulatory status.
    Q 2: What kind of trading instruments does FITBELA EPRO offer?
    A 2: FITBELA EPRO is a US-based brokerage firm offers Currency Pairs, Cryptocurrencies, Precious Metals (Gold, Silver, Platinum) and other financial derivatives as market instruments to traders.
    Q 3: Is FITBELA EPRO a good broker for beginners?
    A3: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency and 35 reports of scams/unable to withdraw on WikiFX.
    Q 4: Does FITBELA EPRO offer the industry leading MT4 & MT5?
    A 4: Yes, it offers MT4 platform.

    Risk Warning

    Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

    In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

    User Reviews

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    Comments

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    Yomoli
    more than one year
    I strongly advise caution when dealing with FITBELA EPRO. The broker has an NFA unauthorized status, which is a significant red flag for potential investors. The unavailability of the official website raises suspicions about the legitimacy of the platform. Additionally, there are multiple user complaints, including reports of scams, system slippage, and difficulties in withdrawing funds. The lack of transparency on key details, such as payment methods and commissions, adds to the concerns.
    2023-12-12 10:00
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    abilityciga
    more than one year
    I appreciate the diverse range of trading instruments offered by FITBELA EPRO, covering various markets such as Currency Pairs, Cryptocurrencies, and Precious Metals. The use of the MT4 trading platform is a familiar and efficient choice for executing trades. The low spread structure starting from 0.0 pips is attractive and can potentially lead to cost savings for traders.
    2023-12-08 18:44
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    潔潔···
    more than one year
    I saw a lot of people on the wikifx website saying that this company is a liar... After reading their complaints, I can't help but sigh that the methods of liars are really diverse and hard to detect! I hope all my friends can stay vigilant.
    2022-12-14 10:43
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    0
    0
    fang72421
    more than one year
    This is a scam platform
    2022-11-18 23:05
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