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/10

Fubon International

United States|5-10 years|
Suspicious Regulatory License|MT4/5 White Label|The server is only located in China.|Suspicious Overrun|High potential risk|

http://en.fimfch.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
ForbonIntl-DEMO MT4
Server Location China

Contact

http://en.fimfch.com/

Licenses

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

Single Core

1G

40G

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Broker Information

More

Company Name

富邦国际多边金融清算中心

Company Abbreviation

Fubon International

Platform registered country and region

United States

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

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Fubon International · Company Summary

Note: Regrettably, the official website of Fubon International, namely http://en.fimfch.com/, is currently experiencing functionality issues.

Fubon International Review Summary
Registered Country/Region United States
Regulation NFA (Suspicious Clone)
Market Instruments N/A
Demo Account N/A
Leverage N/A
EUR/ USD Spread N/A
Trading Platforms MT4
Minimum Deposit N/A
Customer Support N/A

What is Fubon International?

Fubon International is a trading platform that offers access to the MT4 platform. There are growing concerns about the broker's reliability and trustworthiness including suspicious clone condition, no method to contact and so on.

Fubon International

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
  • MT4 supported
  • NFA (Suspicious Clone)
  • No ways to contact provided
  • Inaccessible website
  • Limited trust and transparency

Pros of Fubon International:

- MT4 Supported: Fubon International supports the popular MetaTrader 4 (MT4) trading platform, which is widely used in the industry and offers a range of advanced features for traders.

Cons of Fubon International:

- NFA (Suspicious Clone): Fubon International is regulated by the NFA as a suspicious clone. This raises concerns about the broker's legitimacy and reliability, as the NFA may have identified potential issues with its operations.

- No ways to contact provided: Fubon International does not provide any contact information, making it difficult for traders to reach out for support or inquiries. This lack of communication channels may hinder customer service and responsiveness.

- Inaccessible website: Fubon International's website is inaccessible, which further limits access to information about its services, trading conditions, and security measures. This lack of an official online presence raises questions about transparency and is a red flag for potential investors.

- Limited trust and transparency: The combination of being regulated by the NFA as a suspicious clone, the absence of contact information and an inaccessible website, raises concerns about Fubon International's trustworthiness and transparency.

Is Fubon International Safe or Scam?

There are genuine concerns raised regarding the authenticity and legitimacy of Fubon International's claimed National Futures Association (NFA) license. The license, claimed to be License Type: Common Financial Service License with License No. 0387085, has been flagged as a possible duplicate or clone. This discovery raises significant red flags and casts doubt on Fubon International's credibility as a broker. Potential investors need to exercise extreme caution and approach any involvement with this broker with utmost care.

suspicious clone NFA license

Furthermore, the absence of an official website for Fubon International adds to the growing concerns about the broker's reliability and trustworthiness. Reputable brokers typically have an official website where they provide crucial information about their services, trading conditions, and security measures. The lack of an official website not only raises questions about Fubon International's commitment to transparency but also limits potential investors' access to essential details that can help them make informed decisions.

When considering investment opportunities with Fubon International, investors are aware of the elevated level of risk involved. Thorough due diligence, extensive research, and careful consideration of alternative options that offer a higher level of trust, transparency, and regulatory compliance are strongly advised. Taking these precautions will help protect investors from potential financial losses or fraudulent activities.

Trading Platforms

Fubon International offers its clients access to the MetaTrader 4 (MT4) trading platform, which is highly regarded in the industry for its intuitive interface and advanced trading features. MT4 provides an extensive range of tools and functionalities to enhance the trading experience for users.

MT4 supports various order types, including market orders, pending orders, and stop orders. This enables traders to enter and exit positions at their preferred prices, effectively manage risk, and implement their trading strategies. The platform also supports automated trading through the use of expert advisors (EAs), which are pre-programmed trading algorithms that can execute trades based on specific criteria.

In addition to the desktop version, Fubon International also offers the MT4 platform as a mobile application. This allows traders to access their trading accounts and execute trades conveniently from their smartphones or tablets. The mobile app provides flexibility and the ability to stay connected to the markets at all times, even when away from a computer.

MT4

Conclusion

In conclusion,Fubon International raises multiple concerns and red flags. It is regulated by the NFA as a suspicious clone, indicating potential issues with its operations. The lack of contact information and an inaccessible website limit the ability to obtain crucial information and reach out for support. Overall, the limited trust and transparency surrounding Fubon International make it advisable for investors to exercise caution and consider alternative, more reputable options in the market.

Frequently Asked Questions (FAQs)

Q 1: Is Fubon International regulated by any financial authority?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: What platform does Fubon Internationalo ffer?
A 2: It offers MT4.

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.

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ちゃん 1
more than one year
I attempted to create a stock trading account with Fubon International and encountered a frustrating issue where I had to change my account password every time I logged in. Upon reaching out for assistance, I was informed that my account application had been denied, yet no explanation was provided. Disappointed with Fubon International's discourteous customer service and lack of basic communication skills.
2024-01-08 01:20
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