CLF Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-06 15:41

Abstract：CLF was founded in Hong Kong about 5-10 years ago. While it is regulated, its regulatory filing is considered to be a suspicious clone. We can reach by phone at 4001200610, email at cs@clfxau.com and QQ 800821886. And we can trade through MT4.

　　https://www.wikifx.com/en/dealr/2801470707.htmlNote: CLF's official website: https://www.clfxau.com is currently inaccessible normally.

CLF Information

　　CLF was founded in Hong Kong about 5-10 years ago. While it is regulated, its regulatory filing is considered to be a suspicious clone. We can reach by phone at 4001200610, email at cs@clfxau.com and QQ 800821886. Andwe can trade through MT4.

Is CLF. Legit？

	The Chinese Gold & Silver Exchange Society(CGSE)
Current Status	Suspicious Clone
Regulated by	Hong Kong
License Type	DS License
License No.	253
Licensed Institution	創利豐金號有限公司

　　CLF claims to be regulated by The Chinese Gold & Silver Exchange Society(CGSE) in Hong Kong. However, according to the CGSE, its current status is “Suspicious Clone.”

　　When dealing with CLF, caution is advised to ensure financial security and regulatory compliance.

Downsides of CLF

Unavailable Website

　　The website of CLF is currently inaccessible, and its reliability and accessibility are in question.

Regulatory Concerns

　　CLF operates with suspicious regulation that can not guarantee trading transparency and investor protection.

Lack of Transparency

　　CLF has insufficient information. Unlike other brokers, this lack of transparency makes it difficult for investors to make informed decisions.

Negative CLF Reviews on WikiFX

　　On WikiFX, “exposure” is information users pass on by word of mouth.

　　Clients must review the information and assess the risk before trading, especially for unregulated platforms. You can consult our platform for details. The client can find trader-related comments in our “Exposure” section, where our team will try our best to resolve any issues.

　　There were 4 pieces of CHLFX exposure in total. I will introduce 2 of them.

　　Exposure 1. Unable to withdraw

Classification	Account cannot log in and money cannot withdraw
Date	2021-02-08
Post Country	Hong Kong

　　The user said that he was know the platform from a group and he cannot log in that his money cannot withdraw. You may visit: https://www.wikifx.com/en/comments/detail/202102087142451544.html .

　　Exposure 2. fraud

Classification	the superior of CLF has been arrested
Date	2019-11-20
Post Country	Hong Kong

　　The user said the superior of CLF had admitted his scam and been arrested. You may visit: https://www.wikifx.com/en/comments/detail/201911198692330534.html

Conclusion

　　CLF is not safe. It has limited information, resulting in one-sided client knowledge, and is unregulated. Financial risk may arise from lack of regulation. Moreover, trading on this platform is not transparent and clients may experience loss of funds. As a result, clients must be rational and cautious when trading on this platform, or choose a more secure trader.