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

CAMEL FINANCIAL LIMITED

China|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

https://www.camel-financial.com/En.html

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
CamelFinancial-Demo MT5
Server Location United States

Contact

+17743029807
server@hungdingforex.com
https://www.camel-financial.com/En.html
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Contact number

English

+17743029807

Broker Information

More

Company Name

CAMEL FINANCIAL LIMITED

Company Abbreviation

CAMEL FINANCIAL LIMITED

Platform registered country and region

China

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
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 the complaints received by WikiFX have reached 9 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

have withdrawal problem

withdraw problem You have less money in your account. So once the money gets sent to the account comfortably. The second time the money does not come out. Later asked to pay 30% tax. If it's not a hoax. So our tax should be deducted from the amount of our account, when we do not get any benefit in it, then tax will be given from where

2021-06-12 04:55
Unable to withdraw

Unable to withdraw

Hello there. I regret to confirm the fraud suspicion of CamelFinancial broker. I was "fished" on the Tiktok app. A man named Yang Lu, with the support of an "uncle" who has worked in the financial industry for many years but never did, she managed to persuade me to follow her on Metatrade 5. I tempted myself and chose the CamelFinancial agent she recommended to me without worry. I deposited about $200, and then I was able to recover my expenses quickly. She proposed to remit 500 USD directly to my MT5 account in order to increase it to around 2000 USD. Yesterday, she remembered that she had to pay taxes, which cost her...I asked to withdraw money from the broker, which is impossible, because for them, they can only withdraw money once a week... .. The last time I withdrew 200 US dollars a week, I had to wait today. They sent me an unmarked document with nothing, basically saying "You must pay 800 and Some dollars, otherwise your account will be frozen..." The woman was even angry when she told me to return her dollars, which is something I can’t do because the money is in my MT5 account In...Of course, she also talked about raising the case on social networks and Interpol to intimidate me.

2021-06-04 23:55

    CAMEL FINANCIAL LIMITED · Company Summary

    NOTE: CAMEL FINANCIAL LIMITEDs official site - https://www.camel-financial.com/En.html is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

    CAMEL FINANCIAL LIMITED Review Summary
    Registered Country/Region China
    Regulation No Regulation
    Trading Platforms Meta Trader 5
    Customer Support Phone: +17743029807
    Email: server@hungdingforex.com, and hungding@camel-financial.com

    What is CAMEL FINANCIAL LIMITED?

    CAMEL FINANCIAL LIMITED, registered in China, is a broker offering MetaTrader 5 for trading. However, its official website is currently not functioning. Furthermore, CAMEL FINANCIAL LIMITED is not regulated.

    CAMEL FINANCIAL LIMITED

    Pros & Cons

    Pros Cons
    • MetaTrader 5 Platform
    • Lack of Regulation
    • Non-Functional Website
    • Exposure on WikiFX

    Pros:

    MetaTrader 5 Platform: CAMEL FINANCIAL LIMITED offers trading on the MetaTrader 5 platform, known for its advanced charting tools, technical analysis capabilities, and automated trading options.

    Cons:

    Lack of Regulation: CAMEL FINANCIAL LIMITED operates without regulation, which can impact the security and reliability of its services.

    Non-Functional Website: The official website of CAMEL FINANCIAL LIMITED is currently not functional, limiting access to important information about the company's offerings, trading conditions, and policies.

    Exposure on WikiFX: There are 11 pieces of exposure of inability to withdraw and scam on WikiFX, indicating huge risks to transaction security.

    User Exposure on WikiFX

    Is CAMEL FINANCIAL LIMITED Safe or Scam?

    CAMEL FINANCIAL LIMITED is highly likely to be unsafe due to the lack of regulation and the non-functional website. Without regulatory oversight, there are increased risks for traders, including potential issues with fund security and transparency. Additionally, the non-functional website makes it difficult to access crucial information about the company's background, services, and terms of trading.

    No license

    Trading Platforms

    CAMEL FINANCIAL LIMITED provides trading services on the MetaTrader 5 (MT5) platform. MT5 is a widely used platform in the trading industry, known for its advanced charting tools, technical analysis capabilities, and automated trading features. This platform offers a user-friendly interface and is suitable for both beginner and experienced traders.

    MT5

    Customer Service

    CAMEL FINANCIAL LIMITED offers customer service through phone and email. You can contact them at +17743029807 or via email at server@hungdingforex.com and hungding@camel-financial.com.

    Conclusion

    While CAMEL FINANCIAL LIMITED supports the popular MetaTrader 5 platform, this doesn't outweigh the significant risks involved. The biggest concern is the lack of regulation. This is compounded by their non-functional website. Reports on WikiFX suggesting withdrawal issues further strengthen the case for caution.

    We strongly advise you to avoid it and focus on brokers with functional websites, clear information about fees and terms, and most importantly, regulation by reputable authorities.

    Frequently Asked Questions (FAQs)

    Q: Is CAMEL FINANCIAL LIMITED regulated?

    A: No, CAMEL FINANCIAL LIMITED operates without valid regulation.

    Q: What trading platform does CAMEL FINANCIAL LIMITED offer?

    A: CAMEL FINANCIAL LIMITED offers trading on the MetaTrader 5 platform.

    Q: Is it safe to trade with CAMEL FINANCIAL LIMITED?

    A: Trading with CAMEL FINANCIAL LIMITED may pose risks due to the lack of regulation and the non-functional official website.

    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

    Write a review

    Vntafer
    more than one year
    Withdrawal issues are a headache with CAMEL FINANCIAL LIMITED. The first time, smooth sailing. But the second attempt? No luck. Suddenly, a demand for a 30% tax payment pops up, leaving us scratching our heads. If it's legit, fine. But why deduct tax when we're not benefiting?
    2023-12-22 12:15
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    0
    0
    Ivo Zhang
    more than one year
    Camel Financial Limited seems to have never existed. I can't find too much information on the Internet, and there are almost no users to share their experiences ... Maybe everyone is inclined to choose a large company to reduce risks.
    2023-03-03 16:31
    Reply
    0
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