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Far Eastern foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.feib.com.tw/L2?id=p37, about the company's legal and temporary regulatory information, the company's address 13F, NO.16 Xinzhan Road, Banqiao District, New Taipei, City 220, Taiwan, R.O.C..

Far Eastern Forex Broker

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Company profile

Far Eastern Review SummaryFounded1997Registered Country/RegionTaiwanRegulationNo RegulationProducts & Services Petrochemical & Energy, Polyester & Synthetic Fiber, Cement & Building Material, Retail & Department Store, Financial Services, Sea/Land Transportation, Communications and Internet, Construction, Hotel Services, Philanthropic OrganizationsPlatform/APPFar Eastern online appMinimum Deposit0Customer SupportPhone: +886 2 2378 6868Email: patriciachuang@feib.com.twSocial Media: Facebook, YouTube, LineAddress: 27F, No.207 Dunhua S. Road, Sec. 2, Daan District, Taipei 106, Taiwan, R.O.C.Far Eastern Information Far Eastern was established in 1997 and is registered in Taiwan. It offers a wide range of products and services, including petrochemicals and energy, polyester and synthetic fibers, cement and building materials, retail and department stores, financial services, sea and land transportation, communications and the internet, construction, hotel services, and charitable organizations. However, the company is not regulated, and investors need to be cautious about the security of their funds.Pros and ConsProsConsVarious products and services offeredNo regulationNo minimum depositIs Far Eastern Legit? Far Eastern is not regulated currently. Traders should exercise caution when trading and pay attention to the safety of their funds.Products and Services Far East Group offers a wide range of products and services coveringPetrochemical and Energy, Polyester and Synthetic Fiber, Cement & Building Material, Retail & Department Store, Financial Services, Sea/Land Transportation, Communications and Internet, Construction, Hotel Services, and Philanthropic Organizations.Trading Platform Far Eastern supports customers in conducting loan and credit card payment transactions through its proprietary Far Eastern online app.Deposit and Withdrawal Far Eastern does not charge fees for bank transfers or withdrawals at its branches, but charges NT$15 for transfers to other branches and NT$5 for withdrawals. ATM withdrawals in Japan incur a fee of 150 Japanese yen per transaction plus 0.8% of the transaction amount (with a minimum charge of 390 Japanese yen). ATM withdrawals in Hong Kong and Macau incur a fee of NT$100 per transaction. ATM withdrawals abroad (MASTERCARD/CIRRUS) incur a fee of NT$70 per transaction plus 1.1% of the transaction amount. Withdrawals: The daily maximum withdrawal limit at ATMs is NT$150,000. The single transaction limit at the bank's ATMs is NT$30,000 or NT$50,000 (depending on the ATM type). The transaction limit for non-New Taiwan Dollar transactions at ATMs is NT$20,000 per transaction. Transfers: For non-agreed transfers, the daily limit per transaction is NT$30,000. For agreed transfers, the daily limit per transaction/cumulative limit is NT$5 million. For interbank self-transfers, the daily limit per transaction is NT$2 million, and the cumulative limit is NT$3 million. Note: Far Eastern does not support third-party payments.

Far Eastern broker review

Is Far Eastern safe or scam

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Far Eastern Similar Brokers

Pros

Established company with a long history since 1937.

Offers a variety of financial instruments including forex, CFDs, commodities, and indices.

Provides customer support in multiple languages.

Cons

Unregulated, which raises concerns about the safety and security of client funds.

Not using popular trading platforms like MetaTrader 4 or 5, limiting trading options for users.

Numerous complaints and negative reviews regarding customer service and trading practices.

Basic Information

Registered Region

Taiwan

Operating Period

Company Name

Far Eastern Int'l Bank

Abbreviation

Far Eastern

Company employee

Customer Service Email Address

patriciachuang@feib.com.tw

Company Website

https://www.feib.com.tw/L2?id=p37

Company Address

13F, NO.16 Xinzhan Road, Banqiao District, New Taipei, City 220, Taiwan, R.O.C.

How to login to Far Eastern?

far eastern Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide provides detailed instructions on how to register, open an account, and log in to the far eastern platform. Whether you're a new user or need assistance with troubleshooting, this guide will cover all aspects of your account experience. Part One: Account Registration Process How to Register a far eastern Account Registering for a far eastern account is the first step in accessing the platform's features. The registration process is straightforward and can be completed in a few steps. Step 1: Accessing the Registration Page Begin by visiting the official far eastern website. Look for the "Register" or "Sign Up" button, usually located at the top right corner of the homepage. Step 2: Filling in Required Information Once on the registration page, you'll be prompted to fill in essential details, including: Full name Email address Phone number Password (ensure it's strong and secure) Step 3: Email/Phone Verification After submitting your information, you will receive a verification email or SMS. Click the link in the email or enter the code sent to your phone to verify your contact information. Step 4: Identity Verification (If Required) Depending on your region and the services you wish to use, you may need to complete an identity verification step. This could involve uploading a government-issued ID or proof of address. Step 5: Registration Confirmation Once all the steps are completed, you will receive a confirmation message indicating that your registration was successful. You can now log in to your account. Common Registration Issues and Solutions Email not received: Check your spam folder or ensure you entered the correct email address. Verification code issues: If the code doesnt work, request a new one or contact customer support. Identity verification failure: Ensure that the documents uploaded are clear and meet the platform's requirements. Regional Differences in Registration Some regions may require additional documentation during registration due to local regulations. Users should check the specific requirements for their area on the far eastern website. Part Two: Account Opening Process far eastern Account Opening Detailed Guide While registration is about creating an account, account opening involves setting up your trading or investment capabilities on the far eastern platform. Explanation of Differences Between Registration and Account Opening Registration creates your user profile, while account opening allows you to access specific services (e.g., trading, investing). Preparation Work Before Account Opening Before you begin the account opening process, ensure you have the following: A valid identification document (passport, driver's license) Proof of address (utility bill, bank statement) Tax identification number (if applicable) Detailed Account Opening Steps Step 1: Selecting Account Type Once registered, log in and navigate to the account opening section. Choose the type of account that suits your needs (e.g., individual, joint, corporate). Step 2: Submitting Required Documents Upload the necessary documents as specified. Ensure they are in the required format (PDF, JPEG) and meet the size limits. Step 3: Account Review Process After submission, your application will undergo a review process. This can take anywhere from a few hours to several days, depending on the volume of applications. Step 4: Account Activation Once approved, you will receive a notification. Follow the instructions to activate your account, which may include setting up additional security features. Step 5: Initial Setup After activation, log in to your account and complete any initial setup, such as linking a bank account for funding. Frequently Asked Questions About Account Opening How long does the account opening process take？ Typically, it can take between 1-5 business days. Can I open multiple accounts？ Yes, users can open multiple accounts for different purposes. Next Steps After Opening an Account After your account is activated, consider familiarizing yourself with the platform's features, tools, and resources available for trading and investing. Part Three: Login Guide far eastern Login Process Explained Logging in to your far eastern account is essential for accessing your profile and services. Basic Web Login Process Follow these steps to log in to your account: Step 1: Visit the far eastern Website Go to the official far eastern website. Step 2: Click on the Login Button Locate and click on the "Login" button, usually found at the top right corner of the homepage. Step 3: Enter Your Credentials Input your registered email address and password in the provided fields. Step 4: Two-Factor Authentication (If Enabled) If you have enabled two-factor authentication, enter the code sent to your registered mobile number or email. Step 5: Click on Login After entering all necessary information, click the "Login" button to access your account. Mobile App Login Process If far eastern offers a mobile app, the login process is similar: Open the app and tap on the "Login" button. Enter your credentials and follow any additional security steps. Other Login Methods Some platforms may offer third-party login options (like Google or Facebook). If available, select the appropriate option and follow the prompts. Common Login Issues and Solutions Forgotten Password: Use the "Forgot Password？" link on the login page to reset your password. Account Lockout: If your account is locked, follow the on-screen instructions to unlock it, or contact customer support. Technical Issues: Ensure your internet connection is stable and consider clearing your browser cache. Overview of Features After Login Once logged in, you can access various features, including account management, trading tools, market analysis, and customer support. Additional Sections Account Security Recommendations Use a strong, unique password and change it regularly. Enable two-factor authentication for added security. Regularly monitor your account for any unauthorized activity. Best Practices for Account Management Keep your personal information updated. Set up alerts for account activity. Regularly review your investment strategies and goals. How to Get Technical Support For any technical issues, contact far eastern's customer support via: Email: support@fareastern.com Phone: [Customer Support Number] Live Chat: Available on the website during business hours. This comprehensive guide provides all the necessary steps to register, open an account, and log in to far eastern. By following these instructions, you can ensure a smooth and efficient experience on the platform.

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Far Eastern Forex Broker - Complete Information Guide

1. Broker Overview

Far Eastern Broker, established in 1937, is a forex brokerage company based in Taiwan. The company's headquarters is located at 13F, No.16 Xinzhan Road, Banqiao District, New Taipei City 220, Taiwan, R.O.C. As a privately held entity, Far Eastern Broker has been providing trading services to clients globally for over 88 years.

The firm primarily serves retail traders and institutional clients, offering access to various financial instruments, including forex, commodities, CFDs, and indices. Despite its long-standing presence in the market, the broker is noted for its lack of proper regulation, which raises concerns among potential clients.

Far Eastern Broker's development has been marked by significant milestones, including its establishment in 1937 and its ongoing efforts to expand its services internationally. However, it has not yet achieved the level of regulatory recognition that is often expected in the forex and CFD industry. The company operates under a business model that focuses on retail forex trading, catering to a diverse clientele that includes both novice and experienced traders.

2. Regulatory and Compliance Information

Far Eastern Broker is currently unregulated, which is a critical factor for potential investors to consider. The absence of oversight from recognized regulatory bodies raises questions about the safety of client funds and the overall integrity of the trading environment.

Key regulatory aspects include:

Regulatory Bodies: Far Eastern Broker does not hold licenses from any major financial regulatory authority.
Regulatory Numbers: As the broker is unregulated, no specific regulatory numbers are available.
License Validity and Scope: The lack of a regulatory license means that there is no defined scope of operation or validity period.
Legal Entities: The company operates under the Taiwanese jurisdiction, but it does not have any legal entity recognized by international regulatory standards.
Client Fund Segregation Policy: There is currently no information available regarding the segregation of client funds, which is a standard practice among regulated brokers.
Investor Compensation Fund Participation: Far Eastern Broker does not participate in any investor compensation schemes, which could provide some level of protection to clients in case of insolvency.
KYC and AML Compliance Measures: Specific details regarding Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures are not provided, indicating a potential area of concern for regulatory scrutiny.

The lack of proper regulation and compliance measures highlights the importance of conducting thorough research before engaging with Far Eastern Broker.

3. Trading Products and Services

Far Eastern Broker offers a diverse range of trading products, catering to various market needs. The key offerings include:

Forex Pairs: The broker provides access to a variety of currency pairs, although the exact number of forex pairs available is not specified.
CFD Product Categories: Clients can trade Contracts for Difference (CFDs) across several asset classes, including:
Indices: Major global indices.
Commodities: Various commodities, including metals and energy products.
Stocks: Select stocks from international markets.
Cryptocurrencies: The broker may offer trading on popular cryptocurrencies, though specific details are not confirmed.

Far Eastern Broker appears to regularly update its product offerings, although the frequency and specifics of new additions are not explicitly mentioned.

For retail trading services, the company provides a standard platform for individual traders. However, it is unclear if the broker offers tailored solutions for institutional clients or white-label solutions for other financial entities. Asset management services are also not detailed in the available information.

4. Trading Platforms and Technology

In terms of trading platforms, Far Eastern Broker does not support popular platforms such as MetaTrader 4 or MetaTrader 5, which are widely used in the forex industry. Instead, the broker may provide its proprietary trading platform, although specific details about this platform are not available.

Key features of the trading technology include:

Web-based Trading Platform: It is unclear if a web-based trading platform is available.
Mobile Applications: Information regarding mobile applications for iOS and Android is not provided, making it difficult to assess the accessibility of trading on mobile devices.
Execution Model: The execution model used by Far Eastern Broker (e.g., ECN, STP, Market Making) is not specified, which is crucial for understanding the trading environment.
Server Locations and Technical Infrastructure: There is no information regarding the locations of trading servers or the technical infrastructure supporting the trading operations.
API Access and Automated Trading Support: The availability of APIs for automated trading is not mentioned, which may limit the options for algorithmic traders.

The lack of detailed information on trading platforms raises concerns about the broker's technological capabilities and user experience.

5. Account Types and Trading Conditions

Far Eastern Broker offers several account types to cater to different trading needs. However, specific details regarding the account conditions are not extensively outlined.

Standard Account Conditions: The minimum deposit, spreads, and commissions for standard accounts are not provided.
Advanced Account Types: Information about VIP or professional accounts is not available.
Special Accounts: There is no mention of special accounts such as Islamic accounts or corporate accounts.
Demo Account Policy: The availability of a demo account is not specified, which is essential for new traders to practice before committing real funds.
Leverage Ratios: The leverage ratios available for different products are not detailed, making it difficult to assess the risk and trading potential.
Minimum Trade Size: Specific information regarding the minimum trade size is not available.
Overnight Fees Policy: Details about overnight fees or swap rates are not provided.

The lack of transparency regarding account types and trading conditions is a significant consideration for potential clients.

6. Fund Management

Far Eastern Broker supports various deposit methods, although specific details are limited:

Supported Deposit Methods: The broker accepts deposits via bank transfers, credit cards, and possibly electronic wallets.
Minimum Deposit Requirements: The minimum deposit requirement varies by account type but is not explicitly stated.
Deposit Processing Times: Information regarding the time taken to process deposits is not provided.
Deposit Fees: There are no specific details regarding any fees associated with deposits.
Withdrawal Methods and Limits: The available withdrawal methods and any associated limitations are not disclosed.
Withdrawal Processing Times: Information about how long it takes to process withdrawals is not available.
Withdrawal Fee Structure: There are no details on the fees for withdrawals, which could impact clients' overall trading costs.

The ambiguity surrounding fund management practices raises concerns about the broker's operational transparency.

7. Customer Support and Educational Resources

Far Eastern Broker offers various customer support channels, although specific details are limited:

Support Channels: Customers can reach the support team via phone, email, and potentially online chat or social media.
Service Hours and Time Zone Coverage: The operating hours and time zone coverage for customer support are not specified.
Multilingual Support: The languages supported by the customer service team are not mentioned.
Educational Resources: The availability of educational resources such as webinars, tutorials, and eBooks is not detailed.
Market Analysis Services: Information regarding daily market analysis, news updates, or research reports is not provided.
Trading Tools: The availability of trading tools such as calculators, calendars, and signal services is not mentioned.

The lack of comprehensive information on customer support and educational resources may impact the overall experience for traders seeking guidance and assistance.

8. Regional Coverage and Restrictions

Far Eastern Broker primarily focuses on the Taiwan market and serves clients globally. However, specific details about its regional offices and client acceptance policies are not provided.

Main Service Markets: The broker operates mainly in Taiwan, but it is unclear which other regions it serves.
Regional Office Distribution: Information regarding the distribution of regional offices is not available.
Countries/Regions Not Accepted: The broker does not disclose which countries or regions it does not accept clients from.
Special Restrictions: There are no specific restrictions mentioned that could impact potential clients.

The lack of clarity regarding regional coverage and client acceptance policies is a notable concern for traders considering Far Eastern Broker.

In summary, while Far Eastern Broker has a long history in the forex market, the lack of regulation, transparency in trading conditions, and comprehensive support services may pose risks for potential clients. It is advisable for traders to conduct thorough due diligence before engaging with this broker.

Far Eastern Forex Broker has an overall rating of 1.57, Regulatory Index 0.00, License Index 0.00, Business Index 7.47, Software Index 4.00 Risk Control Index 0.00.

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Far Eastern

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Far Eastern Forex Broker

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Company profile

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Basic Information

Far Eastern Forex Broker - Complete Information Guide

1. Broker Overview

2. Regulatory and Compliance Information

3. Trading Products and Services

4. Trading Platforms and Technology

5. Account Types and Trading Conditions

6. Fund Management

7. Customer Support and Educational Resources

8. Regional Coverage and Restrictions

Far Eastern Similar Brokers