Score

1.43 /10
Danger

hkvqfutures

Hong Kong

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.39

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

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Company Name

香港汇信国际期货有限公司

Company Abbreviation

hkvqfutures

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-10-01
  • 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

Pyramid scheme complaint
Expose
hkvqfutures · Company summary

Note: hkvqfutures's official website:http://www.hkvqfutures.comis currently inaccessible normally.

AspectInformation
Company Namehkvqfutures
Registered Country/AreaHong Kong
Founded Year2018
RegulationSFC(Suspicious Clone)
Market InstrumentsIndices,Metals,Energy Options
Customer SupportPhone:+852 3543 1019,Email:service@vqfutures.com.hk,QQ:1248673251

hkvqfutures Information

With 100% quality assurance and worldwide distribution, Hkvqfutures provides trading services in index futures, metal futures, and energy futures.Founded in 2018, it registered under Hong Kong. It runs free from any kind of regulation. The business provides customer assistance via phone (+852 3543), email (service@vqfutures.com.hk), and QQ (124867) among several outlets.

hkvqfutures Information

Is hkvqfutures Legit or a Scam?

Securities and Futures Commission of Hong Kong(SFC)
Securities and Futures Commission of Hong Kong(SFC)
Current StatusSuspicious clone
Regulated bySFC
License TypeDealing in futures contracts
License No.BBS509
Licensed InstitutionCentral Universe Futures Limited

Downsides of hkvqfutures

Restricted Information on the Website: hkvqfutures makes it challenging for possible customers to get a thorough knowledge of the business since it offers few information about its activities, services, and trading conditions.

Lack of Transparency: Important issues like corporate policies and cost structures clearly lack openness, which might erode confidence.

Unregulated:Hkvqfutures runs free from any kind of regulatory control.

Fraud:The platform has been claimed as a possible fraud since clients are having problems and inconsistent behavior indicates it will not be a trusted company.

Market Instruments

hkvqfutures offers a range of market instruments including Indices, Metals, and Energy Options.

Market Instruments

Negative hkvqfutures Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Before trading on unregistered platforms, traders are advised to check material and evaluate risks. For related specifics, kindly review our platform. Report dishonest brokers under our Exposure area; our staff will try to fix any problems you come across.

As of now, there was 2 pieces of hkvqfutures exposure in total.

Exposure.1 Fraud Platform

ClassificationFraud Platform
DateSeptember 21st,2023
Post CountryHong Kong,China

According to the customer, hkvqfutures prohibits individuals who ask questions and unjustly charges users of click farming, so preventing withdrawals.You may visit:

https://www.wikifx.com/en/comments/detail/202309214642778168.html

Exposure.2 Unable to withdraw

ClassificationUnable to withdraw
DateSeptember 18th,2023
Post CountryHong Kong,China

The client alleged they were requested to pay a margin instead of a withdrawal and claimed customer support wrongly accused them of click farming.You may visit:

https://www.wikifx.com/en/comments/detail/202309183552883534.html

Conclusion

Limited knowledge, lack of transparency, regulatory issues, and claims of dishonest behavior including delaying withdrawals and falsely accusing consumers of click farming make trading with hkvqfutures dangerous. It is advised to use a regulated broker with easily available, open information.

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