Note: Fuhui Fx's official website: https://fuhuigala.com.en is currently inaccessible normally.
Fuhui Fx Information
Fuhui Fx, this broker has the advantage of supporting the use of the premium MT5 platform for the convenience of investors. The most damning drawback, however, is that as a broker, it is not subject to any regulation and has no security at all.
Pros and Cons
Is Fuhui Fx Legit？
Fuhui Fx is not a regulated broker. It did not provide details about its legal status, the licenses it holds, or the regulatory bodies that oversee its activities. Fuhui Fx cannot be found in the database of the Financial Conduct Authority, the UK regulator. Choose a broker that truly operates under the supervision of a regulatory body such as the Cyprus Securities and Exchange Commission (CySEC) or the UK Financial Conduct Authority (FCA).
What Can I Trade on Fuhui Fx？
Fuhui Fx offers cryptocurrencies such as forex, precious metals (such as gold), Bitcoin (BTC), as well as trading instruments such as stock indexes and crude oil to meet the needs of different investors.
Trading Platform
The trading platform provided by Fuhui Fx is MT5, which is an excellent real-time trading platform with simple, flexible, stable, detailed dynamic quote analysis, setting technical indicators and using intelligent trading system.
Customer Service
Unfortunately, you can only contact the broker for customer support at support@fuhuigala.com.
The Bottom Line
The advantage of Fuhui Fx is that it supports the use of the premium platform MT5, which provides convenience for investors. Most damning, however, is that as a broker it is unregulated. So there's no security at all.
FAQs
Is Fuhui Fx good for beginners？
Fuhui Fx may not be suitable for complete novices or beginners. When choosing a broker, beginners should give priority to those platforms that are strictly regulated and have a good reputation. But Fuhui Fx is unregulated.
Is Fuhui Fx good for day trading？
It's not suitable. Day trading requires the trading platform to have a fast and stable order execution speed. The Fuhui Fx website is currently inaccessible and does not have day trading conditions.
Is it safe to trade with Fuhui Fx？
The shortcomings exposed by Fuhui Fx indicate that its trading is not safe and the coefficient of risk is large. Investors are not advised to trade with it.
