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FXE88

Hong Kong|5-10 years|
Suspicious Regulatory License|MT4/5 full license|The server is only located in China.|Clone Firm Hong Kong|Suspicious Overrun|High potential risk|

http://www.fxe88.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
EmperorFinancial-Demo MT4
Server Location China

Contact

info@fxe88.com
http://www.fxe88.com/

Licenses

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

Single Core

1G

40G

Open Now

Broker Information

More

Company Name

融汇亚洲

Company Abbreviation

FXE88

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-03-19
  • The claimed China Hong Kong SFC regulation (license number: ACJ776) is verified as a clone firm. Please pay attention to the risk!
  • The China Hong Kong SFC regulation (license number: AAP057) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

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FXE88 · Company Summary

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 contained in this article is for general information purposes only.

General Information

FXE88 Review Summary in 7 Points
Founded 2-5 years
Registered Country/Region Hong Kong
Regulation Clone
Demo Account Available
Products Precious metals spot trading
Trading Platforms EBL Trader
Customer Support Phone, Email, Live chat

What is FXE88?

FXE88 is a global financial company based in Hong Kong. It provides traders with access to precious metals spot trading. However, it is important to note that the claimed China Hongkong SFC regulation (Licenses no. ACJ776 and License no. AAP057) is verified as clone firm. Please pay attention to the risk!

FXE88's home page

In the following article, we will analyze the characteristics of this financial company 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 company's characteristics at a glance.

Pros & Cons

Pros Cons
• Rich educational resources • Negative reviews from their clients
• Demo account available • Clone form
• Multiple account types • Limited financial products provided
• No deposit/withdrawal fees • High handling fee charged

Is FXE88 Safe or Scam?

When considering the safety of a financial company like FXE88 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 financial company:

  • Regulatory sight: It has two clone SFC (Securities and Futures Commission of Hong Kong) licenses (Licenses no. ACJ776 and License no. AAP057) which means that there is no guarantee that it is a safe platform to trade with.

cloned SFC license
suspicious clone SFC license
  • User feedback: A report of 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 financial company or investment platform.

  • Security measures: FXE88 has a comprehensive privacy policy that outlines how user data is collected, stored, and utilized. The platform adheres to relevant data protection regulations to maintain the privacy and confidentiality of user information.

Ultimately, the decision of whether or not to trade with FXE88 is a personal one. You should weigh the risks and benefits carefully before making a decision.

Products & Services

FXE88 offers traders the opportunity to engage in Precious metals spot trading. Precious metals, including gold, silver, platinum, and palladium, have long been recognized as valuable and sought-after assets in global markets. Spot trading is a distinctive form of trading where commodities are bought and sold for immediate delivery and settlement, setting it apart from other investment vehicles that involve futures or options contracts.

In conclusion, the offering of Precious metals spot trading on FXE88's platform presents traders with a unique opportunity to engage in a specialized market, potentially diversify their investments, and explore the possibilities offered by the dynamic precious metals market. However, it is important for traders to exercise prudence, conduct thorough research, and fully understand the risks associated with Precious metals spot trading before making any investment decisions on the platform.

How to Open a FXE88 Account?

To open a demo account with FXE88, traders can easily fill in a straightforward online form, providing basic information such as their name, email address, and phone number. The demo account allows potential clients to explore and familiarize themselves with the platform's features and functionalities without any financial risk.

For those interested in opening a private account, the process involves providing more detailed information to comply with regulatory requirements.

For corporate accounts, FXE88 has a minimum deposit requirement of HKD 10,000. To initiate the account opening process, corporate clients are required to submit the relevant information and documents either online or through fax and email channels. The required documents may include the company's registration certificates, legal documents, proof of address, and identification of authorized signatories. For added security, the submission of required documents can be done through mail or in person at the broker's offices.

Trading Platforms

FXE88 provides traders with EBL Trader as their primary trading platform. This platform is accessible on various devices, including iOS and Android smartphones, as well as through web browsers, ensuring that traders can stay connected to the markets and manage their investments conveniently from anywhere. Whether on the go or at their desks, users can access real-time market data, execute trades, analyze charts, and manage their accounts seamlessly. The platform's intuitive design and comprehensive features cater to both novice and experienced traders, empowering them to make informed decisions and stay in control of their trading activities effectively.

Deposits & Withdrawals

FXE88 offers traders a wide range of convenient and secure options to deposit funds into their trading accounts. Traders can choose from various methods, including online eDDA, credit card, FPS (Fast Payment System), bank transfer, cheque, or telegraphic transfer. This diverse selection of deposit methods caters to the preferences and needs of different clients, ensuring a smooth and hassle-free funding process.

While for withdrawals, funds will be credited to traders designated bank account within approximately 2 working days after related request is submitted. The broker also ensures transparency and fairness by waiving any deposit or withdrawal fees, enhancing the overall appeal of their services.

However, it's essential for traders to be aware of the Company's policy regarding handling fees. If 50% of the deposit amount remains unused in opening transactions, a 6% handling fee will be charged upon withdrawal.

User Exposure on WikiFX

On our website, you can see that a report of unable to withdraw on WikiFX. 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

Customer Service

FXE88 provides multiple customer service options to assist its clients. Customers can reach out to FXE88 through various channels to address their queries and concerns as below:

Free toll: 400 120 1228

EMAIL: info@fxe88.com.

Address: Rm 4405-06,44/F, Hopewell Center, 183 Queen's Road East, Wan Chai, HK.

Besides of above, the company also offers an online chat service, allowing customers to easily access support and assistance with just a few clicks.

Education

FXE88 provides a comprehensive learning experience through its investment classroom and online tutorials. These resources cover a wide range of topics, starting from the market basics, helping beginners gain a solid understanding of how financial markets operate. Aspiring traders can delve into technical analysis, learning to interpret charts and use various indicators to make informed trading decisions. The investment classroom aims to empower individuals with the knowledge and skills necessary to navigate the complexities of the financial world confidently.

Conclusion

According to available information, FXE88 is a Hongkong -based financial company with clone regulatory licenses. It provides traders with precious metals spot trading. However, the clone SFC regulatory licenses and exposure about unable to withdraw still raise concerns of the reliability. It is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from FXE88 before making any investment decisions.

Frequently Asked Questions (FAQs)

Frequently Asked Questions (FAQs)
Q 1: Is FXE88 regulated?
A 1: No. The company only have two clone SFC (Securities and Futures Commission of Hong Kong) licenses (Licenses no. ACJ776 and License no. AAP057).
Q 2: Is FXE88 a good broker for beginners?
A2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its user exposures on WikiFX.

Q 3: Whats the products and services of FXE88?
A 3: FXE88 provides traders with precious metals spot trading.
Q 4: Does FXE88 offer demo accounts?
A 4: Yes.

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