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Global Broker Regulation & Inquiry App

Score

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FAITH

United States|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.ftsfx.com/en

Website

Rating Index

Contact

cs@ftsfx.com
https://www.ftsfx.com/en

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

FAITH RUI DEVELOPMENT LIMITED.

Abbreviation

FAITH

Platform registered country and region

United States

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-11-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

FAITH · WikiFX Survey

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FAITH · Company Summary

Note: FAITH's official website: https://www.ftsfx.com/enis currently inaccessible normally.

FAITH Information

Founded in 2023, FAITH is an unregulated brokerage company registered in the United States. This is a company that specializes in investment management consulting. It also offers wide selection of investment options with the popular MT5 platform.

FAITH Information

Is FAITH Legit?

FAITH currently does not hold any valid regulatory certificates. Although it is incorporated in the United States, it lacks regulation from any recognized financial authority.

Is FAITH Legit?

Downsides of FAITH

  • Unavailable Website

FAITH's official website is currently inaccessible. It's anyone's guess whether it's still up and running.

  • Lack of Transparency

There is a notable lack of information about FAITH available online. This lack of transparency can really dampen investors' enthusiasm.

  • Regulatory Concerns

FAITH is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.

Market Instruments

FAITH gives you plenty of options for investing. For example, you can diversify using:

  • Forex
  • Precious metals
  • Stocks
  • Indices
  • Commodities

More investment choices are a good thing. That makes it easier to shape your portfolio to fit your risk tolerance, needs and goals. But if you're looking for cryptocurrency or futures, you won't find them here.

Market Instruments

Trading Platform

MT5 (MetaTrader 5) is available with FAITH. It is a diversified financial trading platform that allows trading foreign exchange, stocks, and futures. It provides excellent tools for various price analysis, use of algorithmic trading applications and copy trading.

Trading Platform

Negative FAITH Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative FAITH Reviews on WikiFX

As of now, there is one piece of FAITH exposure in total.

Exposure 1. Can not withdrawal

ClassificationUnable to withdrawal
DateMarch 29, 2022
Post CountryTaiwan

The user said that withdrawal requires us to pay 6% tax first and no withdrawal after paying it. You may visit: https://www.wikifx.com/en/comments/detail/202203291172166457.html

Conclusion

Trading with FAITH may pose security risks as they have no valid regulatory certificates. It is advisable to choose regulated brokers with transparent operations to ensure the safety of your investments and compliance with legal standards. When selecting a trading platform, prioritize those supervised by recognized regulatory bodies for enhanced security and peace of mind.

Review 1

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