Score
USGFX
Australia|2-5 years| http://www.usgfxch.com
Website
Rating Index
Contact
Licenses
Licensed Institution：UNION STANDARD INTERNATIONAL GROUP PTY LTD
License No.：302792
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
Australia
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed USGFX also viewed..
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Website
usgfxch.com
Server Location
Hong Kong
Website Domain Name
usgfxch.com
Website
GRS-WHOIS.HICHINA.COM
Company
ALIBABA CLOUD COMPUTING (BEIJING) CO., LTD.
Domain Effective Date
2018-07-30
Server IP
119.28.229.97
Company Summary
Note: USGFX's official website: http://www.usgfxch.com/ is currently inaccessible normally.
USGFX Information
USGFX is a brokerage firm registered in Australia. This firm's regulatory status is suspicious clone because its website address is not consistent with the one on the regulatory certificates. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
Is USGFX Legit？
| Regulatory Status | Suspected Fake Clone |
| Regulated by | ASIC |
| Licensed Institution | UNION STANDARD INTERNATIONAL GROUP PTY LTD |
| Licensed Type | Market Making(MM) |
| Licensed Number | 302792 |
USGFX's regulatory status is suspicious clone. From the certificate, we can see:
- Website of Licensed Institution: http://www.usgfx.com
But the actual website of this brokerage firm is “http://www.usgfxch.com/”. The inconsistency makes it obvious that they're providing false licenses to deceive traders.
Downsides of USGFX
- Unavailable Website
USGFX's official website is currently not working. Maybe it's time to find another brokerage.
- Lack of Transparency
You can only find limited information about this brokerage online.
- Regulatory Barriers
USGFX's regulatory status is suspicious clone. Before choosing a brokerage, remember to consider the risk involved.
Trading Platform
The popular MT4 platform is available with this firm. You can apply online and mobile devices to download on its website. Its main features include high speed trading (up to 50 ms), technical indicators, automated trading and risk control.
Negative USGFX 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.
As of now, there are fifteen pieces of USGFX exposure in total. I'll introduce two of them.
Exposure 1. Unable to log in, trade, or withdraw funds
| Classification | Unable to Withdraw |
| Date | Feburary 24, 2024 |
| Post Country | Hong Kong |
The user said:“I traded on 2023.11.30 at 13:15:26. Order number 66904610. When I wanted to trade on 2024.02.22/23, I found that it could not be traded.” You may visit: https://www.wikifx.com/en/comments/detail/202402246182882567.html
Exposure 2. USG is not allowed to withdraw funds
| Classification | Severe Slippage |
| Date | August 17, 2023 |
| Post Country | Hong Kong |
The user said:“The withdrawal has been delayed for one or two years and has not been resolved.” You may visit: https://www.wikifx.com/en/comments/detail/202308176542471745.html
Conclusion
Safty and costs are two important factors to consider when you choose online brokerage. USGFX' website currently is out of working and its regulatory status is suspicious clone. It is better to choose regulated brokers with transparent operationsto ensure the safety of your investment. When comparing brokerages, keep the potential risks firmly in mind.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 15
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FX9529688031
Hong Kong
I traded on 2023.11.30 at 13:15:26. Order number 66904610. When I wanted to trade on 2024.02.22/23, I found that it could not be traded. I searched for my previous contact information, and on the 26th I found that the email was returned and I couldn’t contact him. I want to go to Lianzhun International https://www.usgforex.asia/, but I forgot my password. I can’t change the password according to its method, and I can’t withdraw money. My balance is 4936.16USD.
Exposure
02-24
只会哼哼的小猫怪
Hong Kong
The withdrawal has been delayed for one or two years and has not been resolved, why is it always delaying time! Fooling again and again, delaying again and again
Exposure
2023-08-17
趋势
Hong Kong
Felicia, Business director of USGFX International, induced fraud to the customer. The customer did not violate any trading mechanism but tens of thousands of US dollars were wiped out that month and only a few hundred US dollars were left. When withdrawing last couple hundreds dollars, Felicia did not allow withdrawals and said that the withdrawal will only be processed after the deposit. After the deposit, Felicia refused to withdraw again when I applied for withdrawal and asked for another deposit and withdrawal will be processed after new client joined. The total deposit of the month was dozens of times of the withdrawal. Felicia kept denied the request for the last withdrawal after the liquidation. For her own performance, after the customer met the requirements of the platform, Felicia doid not allow the last withdraw and it will not be processed. I had applied to ask the platform query all the deposit and withdrawal data and change the customer service manager. After seeing the query data and the change of the customer manager email, Felicia directly blocked the backstage. Felicia is the management of USGFX International. For the sake of her performance, customers' requests were not process even they met requirements of the platform. Felicia colsed the back office when I did not want to cooperate with her and demanded to change customer service manager. If the management is ike this, the employees below will follow. The final withdrawal will never arrive. I hope that other customers and agents will not trust any promises made by the Taiwan Business Manager of USGFX International and any promises made by the MOGA Taiwan business manager, so to be not deceived.
Exposure
2021-12-01
趋势
Hong Kong
Felicia, Business director of USGFX International, induced fraud to the customer. The customer did not violate any trading mechanism but tens of thousands of US dollars were wiped out that month and only a few hundred US dollars were left. When withdrawing last couple hundreds dollars, Felicia did not allow withdrawals and said that the withdrawal will only be processed after the deposit. After the deposit, Felicia refused to withdraw again when I applied for withdrawal and asked for another deposit and withdrawal will be processed after new client joined. The total deposit of the month was dozens of times of the withdrawal. Felicia kept denied the request for the last withdrawal after the liquidation. For her own performance, after the customer met the requirements of the platform, Felicia doid not allow the last withdraw and it will not be processed. I had applied to ask the platform query all the deposit and withdrawal data and change the customer service manager. After seeing the query data and the change of the customer manager email, Felicia directly blocked the backstage. Felicia is the management of USGFX International. For the sake of her performance, customers' requests were not process even they met requirements of the platform. Felicia colsed the back office when I did not want to cooperate with her and demanded to change customer service manager. If the management is ike this, the employees below will follow. The final withdrawal will never arrive. I hope that other customers and agents will not trust any promises made by the Taiwan Business Manager of USGFX International and any promises made by the MOGA Taiwan business manager, so to be not deceived.
Exposure
2021-11-29
概率
Hong Kong
Felicia, the Business director of USGFX Intertional, scams customer. The customer did not violate any trading mechanism, but liquidated tens of thousands of dollars in the month and only a few hundred dollars were left. When withdrawing these dollars, Felicia does not allow to do so and saying that withdrawal will only be processed after deposit. After depositing, Felicia refused to withdraw again and asked for another deposit and said that withdrawal will be made after new clients join. The deposit of the month was dozens of times of the withdrawal. Felicia had been refused to withdraw after the liquidation for her own performance. After the customer met the requirements of the platform, Felicia has been stucked with the last withdrawal and withdrawal will not be processed. All deposit and withdrawal data applications are inquired by the platform. After applying for data inquiries in the backg-end and changing the customer service manager, Felicia blocked the back-end after seeing the query data and the email of the changing of the customer manager. Felicia is the management of USGFX International and the request of customer were not processed even they meet all requirement of the platform and even back-end is closed. If the management is like this, the employees will follow this up. Whether it is a client or an agent, the final withdrawal will never arrived. I hope that other customers and agents will not trust any promises made by the Taiwan Business Manager of USGFX International. And any promises made by the MOGA Taiwan business manager, so as not to be deceived.
Exposure
2021-11-25
FIVE65966
Hong Kong
I started to apply for withdrawals in August last year, and it’s now July 2021. During this period, I contacted the customer service many times, but just asked me to wait, but it has not been resolved. Please the relevant department to manage it.
Exposure
2021-07-06
新蕾
Hong Kong
I told them that their platform was frozen or pur positions would be wiped out. And they said they handled the issue. I wanna know when to solve it. And what's the solution?
Exposure
2021-05-24
FX4126040832
Hong Kong
I appleid for withdrawal on April 26. But I've waited for three weekd. The customer service said that there were so many customers withdrawing funds together and I have to wait in the line.
Exposure
2021-05-16
FX3182306672
Japan
The withdrawal of nearly $5,000 can’t arrive.
Exposure
2021-03-24
程程80441
Hong Kong
No one answered my phone calls or messages. I hope u can help me solve it.
Exposure
2021-03-16
王旭
Hong Kong
I’ve been applying for a withdrawal for ten days but the customer service just ignored me. And it’s still pending.
Exposure
2021-02-04
FX1392174395
Hong Kong
I have been applying for withdrawals, and I hope that everyone will not believe in this fraud platform. I have used several platforms but this is the first time that I cannot withdraw funds.
Exposure
2021-01-29
黑猫紧张
Hong Kong
The application for withdrawal on the 25th has not arrived yet. Genesis Niuren Technology, known as a profitable trader, actually uses up all positions to open a position, increases the position against the trend, and finally closes the order. At the beginning, you will make a little profit, and finally lose all
Exposure
2021-01-29
清晨92458
Hong Kong
Apply for a withdrawal in August, 2020. But it hasn’t arrived yet!
Exposure
2021-01-26
Carlos79184
Hong Kong
The application for withdrawal since August can't be approved. Stay away from fraud paltform.
Exposure
2021-01-03