Huayi Forex Broker

Note:Huayi's official website:https://www.fareastcpt.com/ is currently inaccessible normally. AspectInformation Company NameHuayi Registered Country/AreaAustralia Founded Year2000 RegulationASIC(Suspicious Clone) Customer SupportEmail:customer@fareastcpt.comHuayi Information Founded in 2000,Huayi headquarters in Australia. In its field, it runs under suspicious clone regulation by ASIC.The company offers email at customer@fareastcot.com.Is Huayi Legit or a Scam？ Australia Securities & Investment Commission(ASIC) Current StatusSuspicious clone Regulated byASIC License TypeInvestment Advisory License License No.253003 Licensed InstitutionFAR EAST CAPITAL LIMITEDDownsides of Huayi Suspicious Clone Situation:Huayi claims to be under control of ASIC, although this control is suspected to be a clone, so casting grave questions on the company's validity and credibility.Potential Fraud Risk: The dubious clone control points to a greater possibility of dishonest behavior, therefore endangering clients' major financial losses.Lack of Transparency: Huayi lacks the openness clients need to feel safe about their investments given dubious regulatory status and little knowledge of its activities.Conclusion Huayi's uncertain regulatory position and possibility for fraud mean that trading with it has some significant hazards overall. Selecting brokers with confirmed regulatory control and open practices helps to guarantee safer and more dependable trading environments.