Brokerage Puhui FXPRO customers are in Cyprus, and the British license is to make facade!
Regarding the FXPRO Puhui platform, many Huiyou feedback: "I do not bother with the money after entering the gold", "customer service refuses to modify the information", "Puhui K -line quotation is stuck without moving" ...
As an old platform that has been operating for many years, there are so many questions?
Poison Tongue Jun will take everyone to see what secrets this broker hides!Intersection
Let's take a look at the regulatory license of FXPRO Puhui propaganda. From the official website, there are five supervised companies:
FXPROUKLIMITED is authorized by the United Kingdom (FCA) and is regulated (regulatory number 509956).
FXPROFINCIALSERVICESLTD is authorized and regulated by Cysec (registered number 078/07).
FXPROGLOBALMARKETSLTD. Merit and regulatory authorized and regulatory (regulatory number.sia-F184).
FXPROFINCIALSERVICESLTD is authorized by South Africa (FSCA) (authorized number 45052).
PrimeAshCapitalImited is authorized and regulated by Mauritius (FSC).
Let's check the following family ~
1. The British license form is the same
The FXPROUKLIMITED is found on the official website of the UK (FCA). It has indeed regulatory information, and it can be confirmed that the license is still in an effective state of supervision.But we still need to confirm whether Puhui's FCA regulatory license is "actually used".
The Poison Tongue Jun learned through the MT4/5 through the official website of Puhui that the company registered and used for transactions is FXProfinanCialServiesltd, not FXPROUKLIMTED.It can be seen that most of the Chinese investor accounts opened by FXPRO accounts are not opened under the British FCA regulatory account, but instead under Cyprus companies.
Chinese investors need to be present in myself, so the account opening process is very cumbersome!Puhui has not opened the account of Chinese investors under the name of holding the British FCA license company, then the British FCA regulatory license is just a vase for Chinese people.
2. The regulatory strength of Cyprus license is low, and it is not served in China
Cyez Cysec's official website query FXProfinanCialServicesLtd does have licenses and regulated, but the regulatory gold content of Cyprus is relatively low, because the application for registration is simple and low.And financial violations!The company that did not punish or warned the offenders caused infamous.
From the above MT4/5, we learned that Chinese investors' accounts are all opened in Cyprus.There is no Chinese column according to the member states displayed by cross -border services, so it can be determined that the account of Chinese customers can be opened in this company. There is no guarantee for funds, and it is likely to be accompanied by the risk of misappropriation of funds.Intersection
So don't look at how regular Puhui boasts, there are still many problems.
3. Bahama license offshore supervision
The official website of Bahamas found FXPROGLOBALMARKETSLTD. Indeed, it has a license and subject to supervision.
Investors should not choose a platform for offshore supervision, try to choose mainstream supervision.
Fourth, South African licenses cannot be used for foreign exchange transactions
FXPROFINCIALSERVICESLTD South African licenses are category one. Category 1 shows that only provides intermediary services for stocks and derivatives.This license is not used for foreign exchange transactions!
To sum up, whether it is a large platform or a small platform, we must clearly understand which company that is real transaction is. Even if you have mainstream licenses to supervise it, it is useless if it is not used for transactions.Supervisory, so everyone must know this.
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