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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

Future-x

China|2-5 years|
High potential risk|

https://future-x.trade/

Website

Rating Index

Contact

mail@future-x.trade
https://future-x.trade/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

Vesta Future OU

Abbreviation

Future-x

Platform registered country and region

China

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2024-11-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Future-x · WikiFX Survey

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Future-x · Company Summary

Note: Future-xs official site - https://future-x.trade/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Future-x Review Summary in 4 Points
Founded 2-5 years
Registered Country/Region China
Regulation Unregulated
Customer Support Email

What is Future-x?

Future-x, an online trading platform based in China, claims to provide financial market trading opportunities. However, it's crucial to note that the Future-x website is currently inaccessible, rendering it difficult to verify the broker's regulatory status or authenticity. Furthermore, the broker is not under any valid regulation from any authoritative bodies currently.

In our upcoming article, we will methodically assess the features of this broker from multiple perspectives with a goal to present you with succinct and orderly information. Should you find this subject compelling, we invite you to continue reading. At the end of this analysis, we will offer a quick rundown of the principal points to provide an immediate overview of the broker's traits.

Pros & Cons

Pros Cons
• None • Unregulated
• Lack of transparency
• Website dysfunctional
• Limited customer support channels
• Negative reviews from its clients

Future-x presents a challenging landscape for potential traders, with several cons that overshadow any discernible pros.

On the positive side, however, there are no pros to highlight.

While coming to cons, firstly, the broker operates without regulatory oversight, which can raise concerns about its trustworthiness. Additionally, Future-x's website is currently dysfunctional, contributing to a lack of transparency. The limited availability of customer support channels to email only further impedes traders from seeking assistance when needed. Moreover, negative client reviews add to the broker's unfavorable reputation.

Given these drawbacks, cautious consideration and exploration of alternative regulated brokerages are advisable for a more secure and reliable trading experience.

Is Future-x Safe or Scam?

When considering the safety of a brokerage like Future-x or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: Future-x operates without supervision from any recognized financial regulators, creating substantial safety concerns regarding its use as a trading platform.

no license

Further exacerbating these concerns is the current inaccessibility of the broker's official website, which may lead to conjectures that the trading platform might have ceased operations. These aspects greatly contribute to the risks involved in investing with this platform.

  • User feedback: The presence of four reports on WikiFX, specifically highlighting scams and withdrawal issues, should serve as substantial warning signs. Prior to considering any involvement with a broker or investment platform, conducting extensive research and due diligence is imperative to mitigate the risk of making unfortunate decisions.

  • Security measures: So far we cannot find any security measures info on Internet for this broker.

Ultimately, the decision of whether or not to trade with Future-x is a personal one. You should weigh the risks and benefits carefully before making a decision.

User Exposure on WikiFX

Four concerning reports on WikiFX have raised significant red flags concerning Future-x, particularly regarding issues related to scams and withdrawals. For potential investors considering this broker, exercising the utmost caution and conducting thorough research is crucial.

To foster a safer trading environment, we strongly urge individuals who have encountered fraudulent practices or fallen victim to broker scams to share their experiences in our 'Exposure' section. Your input is of immense value, and our dedicated team is fully committed to addressing these concerns, advocating on your behalf, and seeking resolutions to ensure accountability. Active participation can make a substantial difference in safeguarding the interests of fellow traders.

User Exposure on WikiFX

Customer Service

Customer Service

Future-x's customer support is solely reliant on email for inquiries and assistance. While this method can be effective for certain concerns, potential clients should be aware that this limitation may not provide the same level of immediate support or responsiveness as brokers offering a wider range of contact options, such as live chat or phone support.

Email: mail@future-x.trade.

It's important to weigh your communication preferences and needs when considering Future-x as your broker of choice.

Conclusion

Future-x, an online trading platform originating from China, asserts its global financial service offerings. However, a thorough examination exposes worrisome aspects.

Notably, the broker operates without valid regulations from any financial institutions, potentially leaving traders vulnerable to a lack of security and industry standards.

Additionally, the broker's website accessibility issues and reliance on limited email support raise legitimate questions about professionalism and accountability. Moreover, the presence of four reports detailing scams and withdrawal issues heightens these concerns.

In the pursuit of transparency, regulatory compliance, and robust customer support, it is advisable for prospective users to exercise utmost caution and explore alternatives among regulated brokers to ensure a safer and more secure trading experience.

Frequently Asked Questions (FAQs)

Q 1: Is Future-x regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Is Future-x a good broker for beginners?
A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency and negative reviews on WikiFX.

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 provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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