CHLFX Forex Broker

https://www.wikifx.com/en/dealer/6421726361.htmlNote: CHLFX's official website: https://CHLFX.live/ is currently inaccessible normally.CHLFX Information CHLFX was registered by Coindesk Trading Capital Advisors Corporation, in New Zealand. CHLFX's regulation is suspicious, we can trade through MT4 and contact by email at service@chlfx.com.Is CHLFX. Legit？Financial Conduct Authority(FCA)Current StatusSuspicious CloneRegulated by United KingdomLicense TypeInvestment Advisory LicenseLicense No.719546Licensed InstitutionClayton Farm Machinery Limited CLF claims to be regulated by the Financial Conduct Authority(FCA) in the United Kingdom. However, according to the FCA, its current status is “Suspicious Clone.” When dealing with CLF, caution is advised to ensure financial security and regulatory compliance.Downsides of CHLFXLack of Transparency CHLFX needs more transparency, which would help evaluate their operating conditions and risk levels.Limited information CHLFX's information is entirely restricted, which results in customers being unaware of potential costs, leading to financial loss.Leakage Risks Inadequate information security measures at the broker make the client's personal and financial information vulnerable to leakage or attack.Negative CHLFX Reviews on WikiFX On WikiFX, “exposure” is information users pass on by word of mouth. Clients must review the information and assess the risk before trading, especially for unregulated platforms. You can consult our platform for details. The client can find trader-related comments in our “Exposure” section, where our team will try our best to resolve any issues. There was only one piece of CHLFX exposure in total. Exposure 1. fraudClassificationSomeone abuses the user when he refuses the investDate2018-06-11Post CountryHong Kong The user said that he was added by someone to invest. When he refused, he was abused. You may visit: https://www.wikifx.com/en/comments/detail/208064674411878.html .Conclusion Trading on Coindesk carries numerous risks and issues. Firstly, it is not regulated, posing legal risks for investors. Furthermore, the platform does not provide any contacts, which cannot guarantee the quality of service. Lastly, the lack of transparency can lead to investors losing their money.