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WikiFX | 2023-07-27 14:19

Abstract:UOSHING, a brokerage firm registered in Hong Kong, currently does not have valid regulation. Additionally, there are suspicions regarding the authenticity of the United States NFA regulation license (license number: 0531209) claimed by the broker, as it may be a clone or fraudulent. Furthermore, the official website of UOSHING is inaccessible, which raises concerns that the trading platform may have disappeared. Reports from various sources indicate difficulties in withdrawing funds from UOSHING.

Note: UOSHINGs official site - https://www.uoshing.com/en/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

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

UOSHING Review Summary
Registered Country/Region Hong Kong
Regulation NFA (Suspicious Clone)
Demo Account Unavailable
Trading Platforms MT4
Customer Support Phone, email

What is UOSHING?

UOSHING, a brokerage firm registered in Hong Kong, currently does not have valid regulation. Additionally, there are suspicions regarding the authenticity of the United States NFA regulation license (license number: 0531209) claimed by the broker, as it may be a clone or fraudulent. Furthermore, the official website of UOSHING is inaccessible, which raises concerns that the trading platform may have disappeared. Reports from various sources indicate difficulties in withdrawing funds from UOSHING.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros & Cons
Pros Cons
• MT4 supported • Website is unavailable
• Phone and email support available • Suspicious Clone
• No demo accounts
• No social media presence

UOSHING Alternative Brokers

There are many alternative brokers to UOSHING depending on the specific needs and preferences of the trader. Some popular options include:

  • XGLOBAL Markets - An online forex and CFD broker providing traders with access to a wide range of markets, advanced trading technologies, and competitive trading conditions through its innovative platforms and liquidity network.

  • Eightcap - A trusted forex and CFD broker that provides traders with competitive spreads, fast trade execution, and a comprehensive suite of trading tools and resources.

  • IG - A comprehensive trading platform with a range of trading tools and educational resources for all levels of traders.

Is UOSHING Safe or Scam?

UOSHING currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. The United StatesNFA regulation (license number: 0531209) claimed by this broker is suspected to be clone. Besides, the official website of UOSHING is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky.

If you are considering investing with UOSHING, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

susoicious clone NFA license

Trading Platforms

UOSHING offers for MT4 its clients. MT4 is a widely used platform in the financial industry, known for its user-friendly interface, advanced charting capabilities, and robust trading tools.

The UOSHING MT4 platform provides traders with access to a wide range of financial instruments, including currency pairs, commodities, indices, and cryptocurrencies. Traders can execute trades quickly and efficiently, thanks to the platform's seamless order execution and real-time market data updates. The platform also offers a variety of order types, allowing traders to implement various trading strategies, such as market orders, limit orders, and stop orders.

Moreover, UOSHING offers a mobile version of the MT4 platform, enabling traders to access the markets and manage their trades on the go. The mobile platform provides the same powerful features as the desktop version, ensuring that traders can monitor the markets, execute trades, and manage their positions with ease, even when they are away from their computers.

See the trading platform comparison table below:

Broker Trading Platform
UOSHING MT4
XGLOBAL Markets MT4, MT5
Eightcap MT4, MT5
IG MT 4, ProRealTime, L2 Dealer, IG Web Platform, and Mobile Apps

User Exposure on WikiFX

On our website, you can see that reports of unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +852 23851758

Email: service01@uoshing.com

Address: 15th Floor, Yongfu Building, Yongji Street, Yongji Street

Conclusion

In conclusion, UOSHING is a trading platform that offers a range of services to its clients. The platform provides access to various financial markets, allowing traders to diversify their portfolios and capitalize on different trading opportunities. With its user-friendly interface and advanced charting tools, UOSHING's trading platform, MT4, caters to the needs of both beginner and advanced traders.

However, UOSHING has many problems. First, it currently does not have valid regulation and there are suspicions regarding the authenticity of the United States NFA claimed by the broker, as it may be a clone or fraudulent. Furthermore, the official website of UOSHING is inaccessible, which raises concerns that the trading platform may have disappeared. These factors contribute to a higher level of risk associated with investing with UOSHING.

Frequently Asked Questions (FAQs)

Q 1: Is UOSHING regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at UOSHING?
A 2: You can contact via telephone, +852 23851758 and email, service01@uoshing.com.
Q 3: Does UOSHING offer demo accounts?
A 3: No.
Q 4: Does UOSHING offer the industry leading MT4 & MT5?
A 4: Yes. It supports MT4.
Q 5: Is UOSHING a good broker for beginners?
A 5: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

Related broker

No Regulation
UOSHING
Company name:UOSHING WORLD LIMITED
Score
1.50
Website:https://www.uoshing.com/en/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.50

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