Panda Finance Forex Broker

Note:Panda Finance's official website:https://www.xiangqilaobing.com/ is currently inaccessible normally. AspectInformation Company NamePanda Finance Registered Country/AreaHong Kong Founded Year2000 RegulationASIC(Suspicious Clone) Customer SupportEmail:XMJR111111@gmail.comPanda Finance Information Founded in 2000 and housed in Hong Kong, Panda Finance runs under a dubious clone of ASIC control. Customer service can be reached by email at XMJR1111@gmail.com.Is Panda Finance Legit or a Scam？ Australia Securities & Investment Commission(ASIC) Current StatusSuspicious clone Regulated byASIC License TypeAppointed Representative(AR) License No.001273790 Licensed InstitutionCF GROUP GLOBAL PTY LTDDownsides of Panda Finance Panda Finance operates under a suspicious clone of ASIC regulation. It raises significant concerns about its validity and reliability. Furthermore, the platform has been closely monitored due to its questionable range of operations and significant potential for harm, indicating possible fraudulent behavior. Previous complaints from users have highlighted the presence of unwarranted “risk fund” requests as a prerequisite for making withdrawals, so revealing the unreliability of the client service and procedures.Negative Panda Finance Reviews on WikiFX An essential comment part in WikiFX is exposure. Before trading on unofficial platforms, we recommend users to check this part.It shows material and evaluate dangers. Please kindly visit our website for details. WikiFx only had one exposure. Exposure.1 Dubious withdrawals ClassificationDubious withdrawals DateDecember,21st,2023 Post CountryUkraine The customer said Panda Finance demanded a “risk fund”(means extremely high) before allowing withdrawals.You should visit: https://www.wikifx.com/en/comments/detail/Co202312211451602270.htmlConclusion Panda Finance is dangerous and under suspicious clone ASIC control. Regarding security, consumers must choose an open, regulated broker.