Score
DRCFX
Malaysia|2-5 years| https://www.drcfx.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Malaysia
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed DRCFX also viewed..
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Website
drcfx.com
Server Location
United States
Website Domain Name
drcfx.com
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
2021-04-22
Server IP
104.22.28.194
Company Summary
Note: DRCFXs official site - https://www.drcfx.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
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 contained in this article is for general information purposes only.
General Information
| DRCFX Review Summary in 10 Points | |
| Founded | N/A |
| Registered Country/Region | Malaysia |
| Regulation | No license |
| Market Instruments | N/A |
| Demo Account | N/A |
| Leverage | N/A |
| EUR/USD Spread | N/A |
| Trading Platforms | MT4 |
| Minimum deposit | N/A |
| Customer Support | |
What is DRCFX？
DRCFX is an offshore broker which is not regulated by any reputed regulation authority in its region. DRCFX may operate in many countries without the regulation required by the reputed regulation authority in its country like CySec, ASIC, FCA, CNMV etc.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros & Cons
| Pros | Cons |
| • Various products and services | • No valid regulation |
| • MT4 supported | • Unable to withdraw |
| • Reports of unable to withdraw and scams | |
| • Only email support | |
| • Lack of transparency |
DRCFX Alternative Brokers
Darwinex - A reputable broker with a unique trading model that rewards skilled traders, making it suitable for those interested in social trading and investment strategies.
Forex Club - A well-established broker offering a wide range of trading instruments and educational resources, making it a good choice for both beginner and experienced traders.
FP Markets - A reliable broker with competitive spreads and a wide range of trading products, making it a suitable choice for traders looking for diverse investment opportunities.
There are many alternative brokers to DRCFX depending on the specific needs and preferences of the trader. Some popular options include:
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Is DRCFX Safe or Scam？
Based on the information provided, the fact that DRCFX lacks valid regulation and that its website is currently unavailable raises concerns about the safety and legitimacy of the broker. The absence of proper regulation means there is no oversight or accountability, increasing the risk of potential scams or fraudulent activities. Traders are strongly advised to exercise caution and consider these factors before engaging with an unregulated and inaccessible broker like DRCFX. It is essential to prioritize the safety of funds and choose regulated brokers that offer transparency and protection to their clients.
Products & Services
Investing: A wide selection of investment products to help build diversified portfolio
Trading: Trading tools, resources and support
Wealth Management: financial consultant to help reach your own specific goals
Investment Advisory: A wide selection of investing strategies from seasoned portfolio managers
Smart Portfolio: A revolutionary, fully-automated investment advisory services
Advisor Network: Specialized guidance from independent local advisor for high-net-worth investors
Trading Platforms
DRCFX provides its clients with access to the popular MetaTrader4 (MT4) trading platform, available for various operating systems and devices. With MT4, traders can enjoy a user-friendly and feature-rich trading experience. The platform offers advanced charting tools, technical indicators, and a wide range of order types to execute trades effectively. Traders can access the platform on Windows and macOS desktops, as well as on mobile devices running iOS or Android operating systems.
Additionally, MT4 is available through web browsers, allowing traders to access their accounts and trade from any internet-connected device without requiring any software downloads. The availability of MT4 across different platforms ensures that traders can stay connected to the markets and manage their trades conveniently, regardless of their location or device preference.
See the trading platform comparison table below:
| Broker | Trading Platforms |
| DRCFX | MetaTrader 4 (MT4) |
| Darwinex | MetaTrader 4 (MT4), Darwinex WebTrader |
| Forex Club | Rumus, Libertex, MetaTrader 4 (MT4), StartFX |
| FP Markets | MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS, WebTrader |
Customer Service
Traders can reach out to the company's customer service team only through email at enquiry@drcfx.com.
| Pros | Cons |
| Email support available | • No 24/7 customer support |
| • No live chat support | |
| • Limited contact options | |
| • No social media presence |
Note: These pros and cons are subjective and may vary depending on the individual's experience with DRCFX's customer service.
User Exposure at WikiFX
On our website, you can see that some reports of unable to withdraw and scams. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Conclusion
Based on the available information, it is important to note that DRCFX is an unregulated broker and there are reports of issues related to withdrawals and potential scams. The lack of regulation raises concerns about the safety and reliability of the platform. Traders are strongly advised to exercise caution and thoroughly research and consider the risks associated with trading on an unregulated platform. It is recommended to choose regulated brokers that offer transparency, accountability, and investor protection.
Frequently Asked Questions (FAQs)
| Q 1: | Is DRCFX regulated？ |
| A 1: | No. It has been verified that this broker currently has no valid regulation. |
| Q 2: | Does DRCFX offer the industry leading MT4 & MT5？ |
| A 2: | Yes. It supports MT4. |
| Q 3: | Is DRCFX a good broker for beginners？ |
| A 3: | No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website. |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 39
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hly648
Hong Kong
They have not withdrawn for a month. The former name is called HIIFX. Now, they change the website. Always delay the time after calling them
Exposure
2022-10-29
燕子49240
Hong Kong
Since the end of last year, it has not been able to withdraw and cannot reach the account.
Exposure
2022-08-10
FX3056245204
Hong Kong
It used to be HIIFX and then change to DRCFX. Now, it becomes to platform. It is a fraud platfrom or group. Encourage people to invest with loan. Now, they lost everything and cannot live. The main crimer is at Sichuan, Mianyang. Look at my screenshot and you will know.
Exposure
2022-08-01
FX244677432
United Kingdom
I discovered last week that my investment account with DRCFX had been compromised for the previous two weeks. This theives used all $67,000 of the capital in my account to open and close positions within the course of 30 min, turning it into commission and profit on the exchange. When I tried to contact customer service after that, they declined to make up for my loss on the grounds that it couldn't be handled. To obtain a speedy recovery, AssetsclaimBack legal team had to launch a lawsuit. Do not associate with the scam artists' gang called DRCFX.
Exposure
2022-07-21
Fx3578064
Hong Kong
I still can't get my balance after paying taxes. Customer care informed me that because I had a deposit of $75000 from a third party, my trading account was frozen. It was against anti-money laundering policies to do that. I had to pay 20% of my deposit to my account if I still wanted to withdraw again.
Exposure
2022-07-21
FX6845073
Singapore
DRCFX International prevents me from withdrawing money from my accounts and constantly requesting payments in exchange for withdrawal. they International asked for extra payments in an effort to withdraw money and unfreeze my account after making deposit of $65,000, but I never heard back from them. I repeatedly requested more information from them, and when it seemed like everything was finally going well, they would always respond with a delay or problem.
Exposure
2022-07-21
红尘梦
Hong Kong
I was introduced to this platform by a friend. At that time, they said that there is a complete withdrawal system that can quickly withdraw money. Now when I ask for the withdrawal, they keep fooling me, sometimes saying that I will wait, sometimes saying that it will take five or six months, then one month, and then five or six months. It is also said that the gold will be withdrawn every day, that is, it takes five or six months of queue to get the gold. Think about which country would have such inefficiency, isn't this cheating!
Exposure
2022-07-03
大大的泡泡
Hong Kong
I cannot withdraw since Feb nor do the trade. I hope to get help form platform to withdraw asap and get my principle.
Exposure
2022-06-29
幸福ING
Hong Kong
You can't withdraw your own capital! Been procrastinating! From last year to now, it has been shirk for various reasons
Exposure
2022-06-25
顧小富
Taiwan
From the very beginning, they always said that the profit is guaranteed, and later I have been asking you to take out loans, borrow money, make large investments to get seats, as long as you want to withdraw funds, start a bunch of reasons, check money laundering, and some do not restrict withdrawals
Exposure
2022-06-17
HONG62799
Hong Kong
On 3.15, the withdrawal application was approved, but there has been no updates, and no one has been able to explain it.
Exposure
2022-05-25
FX4016807242
Hong Kong
The website is crashed and cannot be accessed. It is a scam. The new website cannot be accessed either.
Exposure
2022-05-12
FX3138378199
Hong Kong
HIIFX(this former platform of this fraud platform) changes a name again and continues to defraud people and invite newcomers. I do not know how many people will be deceived. What are the relavant department doing? No movement. The money was scammed to foreign country. We had a huge economic loss. One of the new website: https://members.aegloballink.com https://………….aegloballink.com
Exposure
2022-05-07
小北方
Hong Kong
This is a fraud platform. From October 2021, it is impossible to withdraw funds. So many people across the country have been deceived. Now, many people are still crazily to open accounts and attract people. The name is that the hedge has dropped from 6.53 to 0.8-0.9. It is a good opportunity to increase positions. But those who go in cannot come out at all, they will only wait for a slow death inside. Please take action from the relevant departments and shut down this platform. The platform's Chinese website members.drcfx.com advises the masses who want to become brokers to stop pulling people and harming people. Those who want to enter the market must not invest, this is a black platform, and it will make you bankrupt! ! !
Exposure
2022-04-27
FX2441795764
Hong Kong
Yesterday, the customer service said that they can withdrawal via wire transfer, but they say that it does not have withdrawal information today. It also denies the withdarwal. Scammer.
Exposure
2022-04-07
FX2441795764
Hong Kong
Scammer that unable to withdraw. The life is highly influenced. It lost fifty thousands. I hope that relevant deparment can retrieve it back.
Exposure
2022-04-06
FX1720354495
Hong Kong
I applied for a withdrawal of USD 2,000 on 2021/12/20, and applied for a withdrawal of USD 6,341.13 on 2022/01/11. The customer service approved it, but none of them were received. Customer service doesn't answer now. I can't find anyone
Exposure
2022-03-15
FX4016807242
Hong Kong
Scammer that does not withdraw. The principle is 300000. I hope that relavant department can help to retrieve it.
Exposure
2022-03-14
小脚丫71473
Hong Kong
On January 24, 2022, through the USDT platform, it is now impossible to withdraw money!
Exposure
2022-03-07
寂寞如烟
Hong Kong
Apply in January and it does not arrive till now. Malaysia is cleared and the commission is cancelled. The top team has all gone, and people have been reporting to the police in various places.
Exposure
2022-03-07