Score

1.45 /10
Danger

FUYUAN SECURITIES

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Overrun

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.50

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

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The China Hong Kong SFC regulation (license number: AAW177) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

FUYUAN SECURITIES · Company summary

Note: FUYUAN SECURITIES's official website: https://hk.fuyuanhk.com/is currently inaccessible normally.

FUYUAN SECURITIES Information

FUYUAN SECURITIES is an unregulated brokerage company registered in Hong Kong. This firm offers “富元犇犇” mobile app for global stocks trading. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with. For any question you might have, help may be available by phone (400-688-3187).

FUYUAN SECURITIES Information

Is FUYUAN SECURITIES Legit?

Regulatory Status Suspected Fake Clone
Regulated by SFC
Licensed Institution Metaverse Securities Limited
Licensed TypeDealing in securities
Licensed NumberAAW177
Is FUYUAN SECURITIES Legit?

FUYUAN SECURITIES's regulatory status is suspicious clone. The content on its website do not match with its company name. The chinese name provided by this borker is “富园证券”, but the company name on its website is “元宇证券”.

Downsides of FUYUAN SECURITIES

  • Unavailable Website

FUYUAN SECURITIES's official website is currently inaccessible. So maybe it's time to find another brokerage.

  • Regulatory Concerns

FUYUAN SECURITIES's regulatory status is suspicious fake clone. Before choosing a brokerage, remember to consider the risk involved.

  • Lack of Transparency

There is a notable lack of information about FUYUAN SECURITIES available online. This lack of transparency can really dampen investors' enthusiasm.

Negative FUYUAN SECURITIES Reviews on WikiFX

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.

Negative FUYUAN SECURITIES Reviews on WikiFX

As of now, there are two pieces of FUYUAN SECURITIES exposure in total.

Exposure 1. High Spreads and Aggressive Tactics

ClassificationOthers
DateJanuary 26, 2024
Post CountryThe United Kingdom

The user said that “Dodged a Financial Trap”. You may visit: https://www.wikifx.com/en/comments/detail/Co202401262381152255.html

Exposure 2. A One-Stop Solution for Diverse Trading Interests

ClassificationOthers
DateJanuary 3, 2024
Post CountryThe United Kingdom

The user said: “One of the reasons I like trading with them is the extensive variety they offer”. You may visit: https://www.wikifx.com/en/comments/detail/Co202401037911705501.html

Conclusion

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. Trading with FUYUAN SECURITIES may undermine security as they have no valid regulatory certificates. It is better to choose regulated brokers with transparent operationsto ensure the safety of your investments. When comparing brokerages, keep the potential risks firmly in mind.

User Reviews

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User comment

2

Comments

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James Sullivan
more than one year
They showed me a link to join a community. I joined the community, and I was immediately bombarded with messages from a person who claimed to be a professional trader. This person was constantly shouting orders, urging people to deposit more money and follow his trades. I noticed that the spreads on FUYUAN SECURITIES' platform were very high. This means that I would be paying more money to enter and exit trades. So glad that my rational thinking prevailed and I didn't fall into their trap. I withdrew my money immediately and closed my account.
They showed me a link to join a community. I joined the community, and I was immediately bombarded with messages from a person who claimed to be a professional trader. This person was constantly shouting orders, urging people to deposit more money and follow his trades. I noticed that the spreads on FUYUAN SECURITIES' platform were very high. This means that I would be paying more money to enter and exit trades. So glad that my rational thinking prevailed and I didn't fall into their trap. I withdrew my money immediately and closed my account.
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2024-01-26 18:14
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M39687
more than one year
I appreciate FUYUAN SECURITIES for its diverse range of trading tools. One of the reasons I like trading with them is the extensive variety they offer. Whether I'm interested in forex, commodities, indices, or cryptocurrencies, they have it all. It gives me the freedom to diversify my investment portfolio and explore different markets as needed.
I appreciate FUYUAN SECURITIES for its diverse range of trading tools. One of the reasons I like trading with them is the extensive variety they offer. Whether I'm interested in forex, commodities, indices, or cryptocurrencies, they have it all. It gives me the freedom to diversify my investment portfolio and explore different markets as needed.
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2024-01-03 17:33
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