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Score

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

CLF

Hong Kong|5-10 years|
Suspicious Overrun|High potential risk|

http://www.clfxau.com

Website

Rating Index

Contact

4001200610
cs@clfxau.com
http://www.clfxau.com
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

Single Core

1G

40G

Open Now

Contact number

Chinese (Simplified)

4001200610

Other ways of contact

Broker Information

More

Company Name

CLF

Abbreviation

CLF

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-08
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The China Hong Kong CGSE regulation (license number: 253) claimed by this broker is suspected to be clone. 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

CLF · WikiFX Survey

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CLF · Company Summary

https://www.wikifx.com/en/dealr/2801470707.htmlNote: CLF's official website: http://www.clfxau.com is currently inaccessible normally.

CLF Information

CLF was founded in Hong Kong about 5-10 years ago. While it is regulated, its regulatory filing is considered to be a suspicious clone. We can reach by phone at 4001200610, email at cs@clfxau.com and QQ 800821886. Andwe can trade through MT4.

CLF Information

Is CLF. Legit?

Is CLF. Legit?
The Chinese Gold & Silver Exchange Society(CGSE)
Current StatusSuspicious Clone
Regulated by Hong Kong
License TypeDS License
License No.253
Licensed Institution創利豐金號有限公司

CLF claims to be regulated by The Chinese Gold & Silver Exchange Society(CGSE) in Hong Kong. However, according to the CGSE, its current status is “Suspicious Clone.”

When dealing with CLF, caution is advised to ensure financial security and regulatory compliance.

Is CLF. Legit?

Downsides of CLF

  • Unavailable Website

The website of CLF is currently inaccessible, and its reliability and accessibility are in question.

  • Regulatory Concerns

CLF operates with suspicious regulation that can not guarantee trading transparency and investor protection.

  • Lack of Transparency

CLF has insufficient information. Unlike other brokers, this lack of transparency makes it difficult for investors to make informed decisions.

Negative CLF Reviews on WikiFX

On WikiFX, “exposure” is information users pass on by word of mouth.

Clients must review the information and assess the risk before trading, especially for unregulated platforms. You can consult our platform for details. The client can find trader-related comments in our “Exposure” section, where our team will try our best to resolve any issues.

There were 4 pieces of CHLFX exposure in total. I will introduce 2 of them.

Exposure 1. Unable to withdraw

ClassificationAccount cannot log in and money cannot withdraw
Date2021-02-08
Post CountryHong Kong

The user said that he was know the platform from a group and he cannot log in that his money cannot withdraw. You may visit: https://www.wikifx.com/en/comments/detail/202102087142451544.html .

Negative CLF Reviews on WikiFX

Exposure 2. fraud

Classificationthe superior of CLF has been arrested
Date2019-11-20
Post CountryHong Kong

The user said the superior of CLF had admitted his scam and been arrested. You may visit: https://www.wikifx.com/en/comments/detail/201911198692330534.html

Negative CLF Reviews on WikiFX

Conclusion

CLF is not safe. It has limited information, resulting in one-sided client knowledge, and is unregulated. Financial risk may arise from lack of regulation. Moreover, trading on this platform is not transparent and clients may experience loss of funds. As a result, clients must be rational and cautious when trading on this platform, or choose a more secure trader.

Review 4

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All(4) Latest Exposure(4)
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