Forex3D foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.forex-3d.com/member/signup.php?type=, about the company's legal and temporary regulatory information, the company's address .
Forex3D, established in 2018, is an online trading platform based in the United Kingdom. The broker operates as a private entity, providing a range of trading services primarily to retail clients. Forex3D caters to traders interested in the foreign exchange (forex) market, offering various currency pairs for trading. The company has developed a reputation over the years, although it has faced scrutiny regarding its regulatory status and business practices.
The development of Forex3D has been marked by its commitment to offering trading services through the widely recognized MetaTrader 4 (MT4) platform. The broker has positioned itself to attract both novice and experienced traders, although it has faced challenges related to transparency and regulatory compliance. Forex3D operates with a business model focused on retail forex trading, providing access to a limited selection of financial instruments.
The company's operational history includes significant milestones, such as the introduction of various account types and the integration of advanced trading technology. However, the lack of regulatory oversight has raised concerns among potential investors regarding the safety of their funds and the legitimacy of the trading environment. As an unregulated broker, Forex3D's operations are subject to inherent risks, necessitating careful consideration by prospective clients.
Forex3D operates without any valid regulatory oversight, which poses a significant risk to its clients. The broker is not regulated by any recognized financial authorities, leaving traders without the protections typically afforded by licensed brokers. This lack of regulation raises concerns about the safety of client funds and the overall credibility of the broker.
The absence of a regulatory license means that Forex3D does not adhere to the stringent requirements set forth by financial regulatory bodies, such as the Financial Conduct Authority (FCA) in the UK or the Securities and Exchange Commission (SEC) in the US. Consequently, clients may face challenges in dispute resolution and a lack of transparency in the broker's business practices.
Forex3D does not offer a customer funds segregation policy, which further amplifies the risks associated with trading through an unregulated broker. Additionally, there is no participation in an investor compensation fund, which would typically provide a safety net for clients in the event of broker insolvency. The broker's Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures are also questionable, given the lack of regulatory oversight.
Forex3D offers a limited selection of trading products, primarily focusing on forex currency pairs. The broker provides access to over 20 currency pairs, including major, minor, and exotic pairs. However, the range of financial instruments available is relatively narrow compared to many competitors in the market.
In addition to forex trading, Forex3D also claims to offer Contracts for Difference (CFDs) on various assets, including indices, commodities, and cryptocurrencies. However, detailed information on these products is scarce, and potential clients should approach this aspect with caution due to the broker's lack of transparency.
The frequency of product updates and the introduction of new trading instruments are not clearly defined, which may limit traders' options and strategies. Retail trading services are the primary focus of Forex3D, with a business model centered around individual traders rather than institutional clients. The broker does not appear to offer white-label solutions or asset management services, which could attract a broader client base.
Forex3D utilizes the MetaTrader 4 (MT4) trading platform, which is widely recognized in the trading community for its robust features and user-friendly interface. The MT4 platform supports various trading tools, including technical indicators, charting capabilities, and automated trading through Expert Advisors (EAs).
The broker does not provide a proprietary trading platform, relying solely on MT4 for its trading operations. This platform is available on desktop and mobile devices, allowing traders to access their accounts and execute trades from anywhere. However, the broker's website does not specify the server locations or the technology infrastructure supporting their trading services.
Forex3D supports API access and automated trading, but the specifics of these features are not well-documented. The broker's technology infrastructure may not be as advanced as that of regulated competitors, raising concerns about execution speeds and reliability.
Forex3D offers two primary account types: the Standard Account and the Premium Account.
Standard Account:
Minimum Deposit: $1,000
Maximum Leverage: 1:1000
Spreads: Starting from 0.3 pips
Premium Account:
Minimum Deposit: $10,000
Maximum Leverage: 1:200
Spreads: Starting from 0.2 pips
The minimum trading lot size and overnight fees are not explicitly detailed on the broker's website, which may pose challenges for traders looking for comprehensive information. The leverage offered by Forex3D is significantly higher than the industry average, which can amplify both potential gains and losses.
Forex3D does not provide a demo account policy, which is a common practice among many brokers to allow prospective clients to test the trading environment before committing real funds. This lack of a demo account may deter potential clients from engaging with the broker.
Forex3D supports various deposit methods, including bank transfers, credit/debit cards, and popular e-wallets such as Skrill, Neteller, and PayPal. The minimum deposit requirement varies by account type, with a standard account requiring a minimum of $1,000 and a premium account requiring $10,000.
The processing time for deposits is not clearly outlined on the broker's website, which may lead to uncertainty for traders. Additionally, the broker does not specify any deposit fees, which could impact the overall trading costs.
Withdrawal methods available include the same options as deposits, but specific details regarding withdrawal limits and processing times are not provided. Traders may encounter challenges when attempting to withdraw funds, as unregulated brokers often impose restrictions or delays on withdrawals.
Forex3D offers customer support primarily through email, with the contact address being support@forex-3d.com. The broker does not provide extensive support channels such as phone or live chat, which may limit clients' ability to resolve issues promptly. The response time for email inquiries can vary, potentially leading to delays in assistance.
The broker appears to have limited language support, primarily focusing on English. Educational resources, such as webinars, tutorials, and eBooks, are not prominently featured on the broker's website, which may hinder traders' ability to enhance their trading knowledge and skills.
Market analysis services, including daily analysis, news updates, and research reports, are also not clearly outlined, leaving traders without critical insights to inform their trading decisions. Basic trading tools such as calculators and economic calendars are not mentioned, which may further limit the resources available to traders.
Forex3D primarily serves clients in the United Kingdom and other regions, although specific details regarding the geographical distribution of its client base are not clearly stated. The broker does not disclose the locations of its regional offices, which may raise concerns about its operational transparency.
There are indications that Forex3D may not accept clients from certain countries, particularly those with stringent regulatory requirements. Specific countries or regions where clients are not accepted are not explicitly listed, which may lead to confusion for potential investors.
In summary, Forex3D operates as an unregulated broker with a limited selection of trading products and services. The lack of regulatory oversight, transparency, and comprehensive customer support raises significant concerns for potential clients. Traders considering Forex3D should conduct thorough research and exercise caution before engaging with the broker.
New 星新
Thailand
The screenshots include the process and content of scam.
Exposure
2019-11-18
New 星新
Hong Kong
Celebrities are involved in this campaign.
Exposure
2019-11-15
News Daryl Cai Yonghui was arrested in Phuket for a more than $600 million Thai forex trading scam.
According to the Public Relations Department of Phuket, A Singaporean, Daryl Cai Yonghui, who gets involved in a $600 million forex scam has been arrested at the Phuket International Airport on January 16, 2023, at about 10:30 a.m.
News In Phuket, A Singaporean Suspect In A Thai Forex Trading Scam Was Apprehended
According to the Phuket Public Relations Department, a Singaporean was detained at Thailand's Phuket International Airport on Monday (Jan 16) for his suspected participation in a foreign currency trading scheme.
News Warrants have been issued! Two suspects in the "Forex-3D" Ponzi scheme have fled Thailand
Thailand's Department of Special Investigations (DSI) plans to ask for Eddy Polgari of Hungary and Daryl Cai Yonghui of Singapore to be sent back to their home countries. They are two of the 16 people suspected of being involved in the Forex-3D investment fraud.
Exposure Thailand Seeks The Extradition Of Two Foreigners In Connection With The Forex-3D Scam
Thailand's Department of Special Investigation (DSI) is pursuing the extradition of two people engaged in the famed Forex-3D fraud, one Hungarian and one Singaporean. The two foreigners have already been arrested by the Thai Criminal Court.
孟鈺晨
Hong Kong
This forex3d website shows that the server is down... There are still many victims on wikifx who say they have been cheated. This is a company that does not have any regulatory license. I personally will never trade with it. I hope everyone can remain vigilant.
37130
2022-12-14