FU HENG Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-12-15 17:31

Abstract：Founded in 2018, FU HENG GROUP LIMITED claims itself a US-registered brokerage service provider, offering a series of financial instruments such as forex exchange, precious metals, crude oil as well global stocks from major markets. FU HENG GROUP LIMITED hypes that it is authorized and regulated by NFA, with regulatory license number 0507339, but it has been verified that the license it holds is a clone one, and this company does not fall under any regulatory agency.

　　General Information & Regulation

　　Founded in 2018, FU HENG GROUP LIMITED claims itself a US-registered brokerage service provider, offering a series of financial instruments such as forex exchange, precious metals, crude oil as well global stocks from major markets. FU HENG GROUP LIMITED hypes that it is authorized and regulated by NFA, with regulatory license number 0507339, but it has been verified that the license it holds is a clone one, and this company does not fall under any regulatory agency.

　　Official Website Unavailable

　　Since the official website of FU HENG is unavailable at this stage, and we can only pick up some useful information from some broker-reviewing website to get a rough idea of this broker.

　　Negative Reviews

　　Many scammed traders complained that FU HENG is an illegal platform,

　　In past three months, the number of complaint about this broker on the WIKIFX platform has reached 33, which is incredibly high. Many victims exposed that Guohuijinrong is just a fraud and scam broker keeping extracting money from traders.

　　Market Instruments

　　Tradable financial instruments available on the FU HENG platforms include currency pairs, crude oil, global stocks & indices, precious metals.

　　Trading Platform Available

　　FU HENG advertises that traders can get access to various trading assets through the leading MT4 trading platform.