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Abstract:FITBELA EPRO LIMITED is an online forex broker. The reason why it catches our attention is that the number of complaints has increased recently. We wonder why some investors feel upset about FIBELA EPRO LIMITED. In this article, WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyze the reliability of this broker from specific information, regulation, etc.
In this article
WikiFX provides inquiry services in the forex field.
WikiFX evaluates the reliability of FITBELA EPRO LIMITED based on the facts.
What is 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. For more information, such as the review and exposure of brokers, please visit our website (https://www.WikiFX.com/en) |
To explore whether FITBELA EPRO LIMITED is a scam or not, we evaluated FITBELA EPRO LIMITED from different aspects, such as regulatory status, exposure, etc.
Table of Contents
1. Evaluate the reliability of FITBELA EPRO LIMITED based on its general information and regulatory status.
A. General Information of FITBELA EPRO LIMITED
B. Regulatory Status
2. Exposure related to FITBELA EPRO LIMITED on WikiFX
3. Special survey about FITBELA EPRO LIMITED from WikiFX
A. Scoring Criteria
B. WikiFX Alert
4. Conclusion
1. Evaluate the reliability of FITBELA EPRO LIMITED based on its general information and regulatory status
To understand FITBELA EPRO LIMITED better, we explore this broker by analyzing three main perspectives:
A. General Info of FITBELA EPRO LIMITED
B. Regulatory Status
A. General Info of FITBELA EPRO LIMITED
FITBELA EPRO LIMITED is located in the UK. The physical address of this broker is 11E CAPIT AL HOUSE 61 AMHURST ROAD, LONDON, UNITED KINGDOM E8 1LL
Unavailable website
FITBELA EPRO LIMITEDs website cannot be opened for some unknown reason.
Trading Platform
This broker does not use either MT4 or MT5 trading platforms as its main trading platform.
B. Regulatory Status
What is a Legitimate License?
The legitimate license is the business license issued by the financial regulatory institution of each country/region.
Holding a license means that the broker is recognized and regulated by the regulatory authority, therefore your money is under the protection to some extent.
Whether a forex brokerage firm holds a legitimate license or not is one of the important factors to evaluate the reliability of forex brokers.
The content of the regulation and the difficulty of obtaining a license vary with the country and agency issuing the license.
Is FITBELA EPRO LIMITED legit?
FITBELA EPRO LIMITED is not a regulated broker as it does not hold a legitimate license.
2. Exposure related to FITBELA EPRO LIMITED on WikiFX
On WikiFX, the Exposure consists of feedback from traders. A bad track record of brokers can be checked via Exposure. WikiFXs Exposure function helps you get feedback from other traders and remind you of the risks before it starts.
As of August 9, 2022, WikiFX has received 6 complaints against this broker within 3 months. Below are some cases that we want to show you.
This trader from mainland China claimed that he was induced to invest in this broker, which resulted in the investor being unable to withdraw money from FITBELA EPRO LIMITED.
This trader from Taiwan invests 7 million NTD on this platform. eventually, he cannot withdraw.
3. Special survey about FITBELA EPRO LIMITED from WikiFX
A. Scoring Criteria
WikiFX gives brokers a score from 0 to 10. The higher the score is, the more reliable the broker is.
The Scoring criteria of Brokers on WikiFX |
License index: reliability and value of licenses |
Regulatory index: license regulatory strength |
Business index: enterprise stability and operational capability |
Software Index: trading platform, instruments, etc |
Risk Management index: the degree of asset security |
According to WikiFX, FITBELA EPRO LIMITED has been given a low rating of 1.24/10.
(source: WikiFX)
B. WikiFX Alerts
4. Conclusion:
WikiFX does not advise traders to invest in this broker since we cannot open its website which means we do not know many details about this broker. Due to withdrawal problems increasing recently, traders are unlikely to feel comfortable if they have continued withdrawal problems. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find the most trusted broker for yourself.
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.
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