简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Fuhui FX is a China-based online forex broker that is newly established. As we know so far, this broker is accused of using pretty girls to lure users into investing. Eventually, the victim can not take the money back after investing. Recently one investor from Bangladesh, Mr. Mohanmad, told WikiFX that this broker is a scam by taking his funds away fraudulently. The reason why he invested in this broker is because of two girls. In this article, we will expose the process of how Mr. Mohanmad got scammed based on the evidence gathered by WikiFX.
Fuhui FX is a China-based online forex broker that is newly established. As we know so far, this broker is accused of using pretty girls to lure users into investing. Eventually, the victim can not take the money back after investing. Recently one investor from Bangladesh, Mr. Mohanmad, told WikiFX that this broker is a scam by taking his funds away fraudulently. The reason why he invested in this broker is because of two girls. In this article, we will expose the process of how Mr. Mohanmad got scammed based on the evidence gathered by WikiFX.
About WikiFX
WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.
About Fuhui FX
Fuhui FX is an online forex broker offering financial instruments to its clients across the globe.
Regulation: Is Fuhui FX legit?
No, Fuhui FX is not legit. Fuhui FX is an unregulated broker that does not hold a legitimate license. Please note that a broker that is not regulated by any regulatory institution is more likely to take clients money away fraudulently since no one can hold it accountable.
About Martha Chen
According to her Facebook account, Martha Chen is an Internet celebrity from Shanghai, China, who currently lives in Los Angeles, USA. She shares her daily life and interests on Facebook. She often posts photos showing off her beauty, thus attracting a large number of male fans. However, is the information about this girl shown on Facebook the truth?
In the comments section of Marth Chen, you can always find a lot of love comments from her fans
The complaint from a victim
Mr. MOHANMAD, who is from Bangladesh, is the victim of this case, he told WikiFX about the situation he met while investing in Fuhui FX. This is real-name reporting. And above is the victims National ID Card. Mr. MOHANMAD contacted WikiFX and reported the fraud of Fuhui FX to WikiFX. He hoped to get help from WikiFX.
Mr. MOHANMAD told WikiFX that he realized Fuhui FX is a scam by searching Fuhui FX on the WikiFX app. He told us that Fuhui FX does not allow him to withdraw.
According to Fuhui FX, Mr. MOHANMAD has to pay the extra fee of $2000 if he insists on withdrawal. Which is insanely unacceptable. And we think this broker is getting involved in a scam.
More specifically, Mr. MOHAMMAD sent Fuhui FX an email. This broker replied to him and ask him for $2000 fees if he want to withdraw.
According to what Mr. MOHAMMAD said, his first withdrawal was successful since one agent from Fuhui FX kept contacting him and giving him instructions. When the victim invested more money in Fuhui FX. The agent of Fuhui FX suddenly blocked him and run away from WhatsApp. This means Mr. MOHAMMAD has no way to find this person anymore.
When the WikiFX agent asked Mr. MOHAMMAD how he found and decided to invest in this broker, he told WikiFX that there is a girl, named Molly, who introduce Fuhui FX to him.
After that, Mr. MOHAMMAD shows us the picture of this girl. We figure out that the girl with the name “ Molly” is exactly the same person as the girl with the name “Martha Chen”. We do not know who this girl really is. Maybe both of the names are fake.
MOHAMMAD claimed that Molly is actually living in Malaysia, rather than the United States.
They met on Facebook, and later this girl so-called “ Molly ” introduced Mr. MOHAMMAD the forex trading. Molly asked the victim to invest in Fuhui FX. Because Fuhui FX was established by Mollys uncle who is an analyst of trading. Molly then introduced another girl to Mr. Mohammad, claiming that this girl, named “ Annie” is the assistant of her uncle. Since Mr. Mohammad trusted her, he thus decided to invest in Fuhui. FX.
Mr. MOHAMMAD thought that he has a very good relationship with Molly. However, he did not know he was in the trap. Annie uses Victim's illusion to trap this victim step by step. As a result, this victim can no longer withdraw. What's worse, Molly, Annie, and Molly's Uncle have all severed their connection with the victim.
Conclusion
Apparently, this girl was a decoy for Fuhui FX which was using her to lure Traders into investing. So, don't be fooled by online temptations. There may be complicated traps hidden beneath the beautiful appearance.
According to the evidence, we believe that Fuhui FX is getting involved in scams. Protecting the legitimate rights and interests of forex traders are always the primary concern of WikiFX. The reason why WikiFX exposed this case to the public is to remind all traders of the potential risks. After all, what happened to Mr. MOHAMMAD could happen to any of us. All traders should be vigilant when investing in a broker.
WikiFX is actively reaching out to the victim and other traders hoping to find more evidence to help him resolve the problem. Please stay tuned for more information.
WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.
Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.
Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
A new programme has been launched by CFI to address the growing need for transparency and awareness in online trading. Named “Trading Transparency+: Empowering Awareness and Clarity in Trading,” the initiative seeks to combat misinformation and equip individuals with resources to evaluate whether trading aligns with their financial goals and circumstances.