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Score
Vanuatu
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
Vanuatu Retail Forex License Revoked
High potential risk
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Comparison
Quantity 4
Exposure
Score
Regulatory Index0.00
Business Index7.56
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
Dragon Universal Holding Limited
Company Abbreviation
DUHFX
Platform registered country and region
Vanuatu
Company website
Company summary
Pyramid scheme complaint
Expose
Note: DUHFX is to operate via the website - http://duhfx.com/index.php, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Vanuatu VFSC (license number: 14634)s regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
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 & Regulation
DUHFX, a trading name of Dragon Universal Holding Limited, presents itself as a Forex Broker registered in Vanuatu on 8 July 2016, offering Forex Trading services via MetaTrader4 and MT4 Mobile trading platforms. Here is the home page of this brokers official site:
As this brokerage's website cannot be accessed, we were unable to obtain further details about its leverage, spreads, minimum deposit, etc.
As for regulation, it has been verified that Vanuatu Financial Services Commission (VFSC) license the broker says to hold is revoked. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.97
Market Instruments
DUHFX advertises that it offers access to a wide range of trading instruments in financial markets, including currencies, indices, CFDs and commodities.
Trading Platform Available
Platforms available for trading at DUHFX are the world's most advanced and popularly-used MetaTrader4. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. Using suitable mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Customer Support
DUHFX‘s headquarters: Govant Building, BP 1276, Port Villa, Vanuatu. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.
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