Far East Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.fepm62.com/en/mt4_account/, the company's legitimate regulatory information Hong KongHKGXType A1 License, to enhance the security of the company's address 10/F Woon Lee Commercial Building, 9 Austin Avenue, Tsim Sha Tsui, Kowloon, Hong Kong.
Far East Forex Broker
Basic information
Hong Kong
5-10 years Regulated in Hong Kong Type A1 License White label MT4 Global Business Medium potential riskCompany profile
FEPM Information
FEPM is an electronic trading firm that provides precious metal investment services and 24/7 customer support. The firm also has MT4 and MT4 demo accounts.
Pros and Cons
| Pros | Cons |
| Regulated | Negative review: Fraud |
| 24/7 Customer Support | Few trading product types |
| MT4 available |
Is FEPM Legit?
CGCSE regulates FEPMand the license number is 062. Regulated brokers are safer than unregulated brokers, but risks are inevitable.
What Can I Trade on FEPM?
FEPM provides metals, such as gold, silver, and oil for traders to trade.
| Tradable Instruments | Supported |
| Gold | ✔ |
| Silver | ✔ |
| Oil | ✔ |
Account Type
FEPM has MT4 and MT4 demo accounts.
| Account Type | Supported |
| MT4 demo | ✔ |
| MT4 | ✔ |
FEPM Fees
London gold is $0.50 per ounce and the silver is $0.04per ounce. Two metals' fee is $50 per hand.
Trading Platform
FEPM has an authoritative MT4 trading platform and traders can choose different versions, such as iOS and Android. Compared with MT5, junior traders prefer MT4.
| Trading Platform | Supported | Available Devices |
| MT4 | ✔ | iOS/Android |
Deposit and Withdrawal
The minimum deposit is unknown. FEPM offers Hang Seng Bank accounts for deposits and withdrawals and traders can also remit money into Hang Seng Bank account through a third-party payment platform. Withdrawals will be charged a certain fee. If the withdrawal is less than $50, traders will pay a $3 handling fee.
Customer Support Options
FEPM provides 24/7 customer support and traders can communicate via phone, email, and live chat.
| Contact Options | Details |
| Phone | +852-22860800 |
| cs@fepm62.com | |
| LIVE Chat | ✔ |
| Social Media | |
| Supported Language | Chinese/English |
| Website Language | Chinese/English |
| Physical Address | 10/F WOON LEE COMMERCIAL BUILDING NOS 7-9 AUSTIN AVENUE KLN |
Rating Index
Far East Similarly Rated Brokers
Latest Reviews
327
Hong Kong
I became an agent of the company in 2017 and opened several gold and silver trading accounts in February of this year. The company told me that the commission for February would be paid to my bank card in March. My superior Mr. Liang, the businessman of the company, told me that I should rest assured that I would receive my commission on time. On March 8, however, my superior informed me that two accounts were trading illegally and the commission would not be paid to me for the time being, telling my clients to close their positions and withdraw from the accounts and the company would deal with them later. On March 9, my superior told me by WeChat that the company had ruled that I was a partner in the speculation and the commission was not paid to me so far. For Feb. and Mar. the company should have paid me a commission of CNY 100k, but they paid none. Poorly, I have liver cancer and I have done surgery three times, so my financial situation is particularly bad. Moreover, I have lost more than 100,000 RMB on 3 trading accounts and my clients are looking for me to compensate for their loss. In addition, the slippage on the company's trading software is particularly serious, with a first-hand slippage of up to 157 USD, both open and closed positions. Please help me, help me to recover the 3 accounts' slippage loss and my due funds, and remind other partners to recognize the true nature of this company, so as not to cause unnecessary loss of funds.
Exposure
2023-03-31
FX2479205325
Hong Kong
FEPM recruited mainland agents in violation of regulations, calling and sharing orders in violation of regulations, damging the interest of investors and lead liquidation
Exposure
2022-02-27
duoqinghe
Hong Kong
While Buy was still active, FEPM actually shut down the server several hours in advance. The agent explained that it was because each Securities Firms had its own settlement time. It is understandable that there is a difference in settlement time. It can be settled and closed ten and a half hours before Buy is suspended. What does it mean to settle three hours in advance? ? The customer didn't know this setting at all, and the order didn't have time to handle risk prevention. Moreover, it was on the weekend. It can be said that the risk was left to the customer, and the customer's trading time was greatly shortened! ! ! ! So unscrupulous!
Exposure
2023-11-04