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Quantity 15
Exposure
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Regulatory Index0.00
Business Index6.59
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
Union Standard International Group Pty Ltd.
Company Abbreviation
USGFX
Platform registered country and region
Australia
Company website
Company summary
Pyramid scheme complaint
Expose
The withdrawal of nearly $5,000 can’t arrive.
I’ve been applying for a withdrawal for ten days but the customer service just ignored me. And it’s still pending.
I appleid for withdrawal on April 26. But I've waited for three weekd. The customer service said that there were so many customers withdrawing funds together and I have to wait in the line.
Felicia, the Business director of USGFX Intertional, scams customer. The customer did not violate any trading mechanism, but liquidated tens of thousands of dollars in the month and only a few hundred dollars were left. When withdrawing these dollars, Felicia does not allow to do so and saying that withdrawal will only be processed after deposit. After depositing, Felicia refused to withdraw again and asked for another deposit and said that withdrawal will be made after new clients join. The deposit of the month was dozens of times of the withdrawal. Felicia had been refused to withdraw after the liquidation for her own performance. After the customer met the requirements of the platform, Felicia has been stucked with the last withdrawal and withdrawal will not be processed. All deposit and withdrawal data applications are inquired by the platform. After applying for data inquiries in the backg-end and changing the customer service manager, Felicia blocked the back-end after seeing the query data and the email of the changing of the customer manager. Felicia is the management of USGFX International and the request of customer were not processed even they meet all requirement of the platform and even back-end is closed. If the management is like this, the employees will follow this up. Whether it is a client or an agent, the final withdrawal will never arrived. I hope that other customers and agents will not trust any promises made by the Taiwan Business Manager of USGFX International. And any promises made by the MOGA Taiwan business manager, so as not to be deceived.
Apply for a withdrawal in August, 2020. But it hasn’t arrived yet!
The withdrawal has been delayed for one or two years and has not been resolved, why is it always delaying time! Fooling again and again, delaying again and again
I started to apply for withdrawals in August last year, and it’s now July 2021. During this period, I contacted the customer service many times, but just asked me to wait, but it has not been resolved. Please the relevant department to manage it.
Felicia, Business director of USGFX International, induced fraud to the customer. The customer did not violate any trading mechanism but tens of thousands of US dollars were wiped out that month and only a few hundred US dollars were left. When withdrawing last couple hundreds dollars, Felicia did not allow withdrawals and said that the withdrawal will only be processed after the deposit. After the deposit, Felicia refused to withdraw again when I applied for withdrawal and asked for another deposit and withdrawal will be processed after new client joined. The total deposit of the month was dozens of times of the withdrawal. Felicia kept denied the request for the last withdrawal after the liquidation. For her own performance, after the customer met the requirements of the platform, Felicia doid not allow the last withdraw and it will not be processed. I had applied to ask the platform query all the deposit and withdrawal data and change the customer service manager. After seeing the query data and the change of the customer manager email, Felicia directly blocked the backstage. Felicia is the management of USGFX International. For the sake of her performance, customers' requests were not process even they met requirements of the platform. Felicia colsed the back office when I did not want to cooperate with her and demanded to change customer service manager. If the management is ike this, the employees below will follow. The final withdrawal will never arrive. I hope that other customers and agents will not trust any promises made by the Taiwan Business Manager of USGFX International and any promises made by the MOGA Taiwan business manager, so to be not deceived.
No one answered my phone calls or messages. I hope u can help me solve it.
I told them that their platform was frozen or pur positions would be wiped out. And they said they handled the issue. I wanna know when to solve it. And what's the solution?
The application for withdrawal on the 25th has not arrived yet. Genesis Niuren Technology, known as a profitable trader, actually uses up all positions to open a position, increases the position against the trend, and finally closes the order. At the beginning, you will make a little profit, and finally lose all
Felicia, Business director of USGFX International, induced fraud to the customer. The customer did not violate any trading mechanism but tens of thousands of US dollars were wiped out that month and only a few hundred US dollars were left. When withdrawing last couple hundreds dollars, Felicia did not allow withdrawals and said that the withdrawal will only be processed after the deposit. After the deposit, Felicia refused to withdraw again when I applied for withdrawal and asked for another deposit and withdrawal will be processed after new client joined. The total deposit of the month was dozens of times of the withdrawal. Felicia kept denied the request for the last withdrawal after the liquidation. For her own performance, after the customer met the requirements of the platform, Felicia doid not allow the last withdraw and it will not be processed. I had applied to ask the platform query all the deposit and withdrawal data and change the customer service manager. After seeing the query data and the change of the customer manager email, Felicia directly blocked the backstage. Felicia is the management of USGFX International. For the sake of her performance, customers' requests were not process even they met requirements of the platform. Felicia colsed the back office when I did not want to cooperate with her and demanded to change customer service manager. If the management is ike this, the employees below will follow. The final withdrawal will never arrive. I hope that other customers and agents will not trust any promises made by the Taiwan Business Manager of USGFX International and any promises made by the MOGA Taiwan business manager, so to be not deceived.
The application for withdrawal since August can't be approved. Stay away from fraud paltform.
I have been applying for withdrawals, and I hope that everyone will not believe in this fraud platform. I have used several platforms but this is the first time that I cannot withdraw funds.
Note: USGFX's official website: http://www.usgfxch.com/ is currently inaccessible normally.
USGFX is a brokerage firm registered in Australia. This firm's regulatory status is suspicious clone because its website address is not consistent with the one on the regulatory certificates. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
| Regulatory Status | Suspected Fake Clone |
| Regulated by | ASIC |
| Licensed Institution | UNION STANDARD INTERNATIONAL GROUP PTY LTD |
| Licensed Type | Market Making(MM) |
| Licensed Number | 302792 |
USGFX's regulatory status is suspicious clone. From the certificate, we can see:
But the actual website of this brokerage firm is “http://www.usgfxch.com/”. The inconsistency makes it obvious that they're providing false licenses to deceive traders.
USGFX's official website is currently not working. Maybe it's time to find another brokerage.
You can only find limited information about this brokerage online.
USGFX's regulatory status is suspicious clone. Before choosing a brokerage, remember to consider the risk involved.
The popular MT4 platform is available with this firm. You can apply online and mobile devices to download on its website. Its main features include high speed trading (up to 50 ms), technical indicators, automated trading and risk control.
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are fifteen pieces of USGFX exposure in total. I'll introduce two of them.
Exposure 1. Unable to log in, trade, or withdraw funds
| Classification | Unable to Withdraw |
| Date | Feburary 24, 2024 |
| Post Country | Hong Kong |
The user said:“I traded on 2023.11.30 at 13:15:26. Order number 66904610. When I wanted to trade on 2024.02.22/23, I found that it could not be traded.” You may visit: https://www.wikifx.com/en/comments/detail/202402246182882567.html
Exposure 2. USG is not allowed to withdraw funds
| Classification | Severe Slippage |
| Date | August 17, 2023 |
| Post Country | Hong Kong |
The user said:“The withdrawal has been delayed for one or two years and has not been resolved.” You may visit: https://www.wikifx.com/en/comments/detail/202308176542471745.html
Safty and costs are two important factors to consider when you choose online brokerage. USGFX' website currently is out of working and its regulatory status is suspicious clone. It is better to choose regulated brokers with transparent operationsto ensure the safety of your investment. When comparing brokerages, keep the potential risks firmly in mind.
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