USGFX Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.usgfxch.com, the company's legitimate regulatory information AustraliaASICMarket Maker (MM), to enhance the security of the company's address G03, 135 Macquarie Street, Sydney, NSW 2000, Australia.
USGFX Forex Broker
Basic information
Australia
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Note: USGFX's official website: http://www.usgfxch.com/ is currently inaccessible normally.
USGFX Information
USGFX is a brokerage firm registered in Ausspanalia. This firm's regulatory status is suspicious clone because its website address is not consistent with the one on the regulatory certificates. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
Is USGFX Legit？
USGFX's regulatory status is suspicious clone. From the certificate, we can see:
- Website of Licensed Institution: http://www.usgfx.com
But the actual website of this brokerage firm is “http://www.usgfxch.com/”. The inconsistency makes it obvious that they're providing false licenses to deceive traders.
Downsides of USGFX
- Unavailable Website
USGFX's official website is currently not working. Maybe it's time to find another brokerage.
- Lack of Transparency
You can only find limited information about this brokerage online.
- Regulatory Barriers
USGFX's regulatory status is suspicious clone. Before choosing a brokerage, remember to consider the risk involved.
Trading Platform
The popular MT4 platform is available with this firm. You can apply online and mobile devices to download on its website. Its main features include high speed trading (up to 50 ms), technical indicators, automated trading and risk control.
Negative USGFX Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are fifteen pieces of USGFX exposure in total. I'll introduce two of them.
Exposure 1. Unable to log in, trade, or withdraw funds
| Classification | Unable to Withdraw |
| Date | Feburary 24, 2024 |
| Post Country | Hong Kong |
The user said:“I traded on 2023.11.30 at 13:15:26. Order number 66904610. When I wanted to trade on 2024.02.22/23, I found that it could not be traded.” You may visit: https://www.wikifx.com/en/comments/detail/202402246182882567.html
Exposure 2. USG is not allowed to withdraw funds
| Classification | Severe Slippage |
| Date | August 17, 2023 |
| Post Country | Hong Kong |
The user said:“The withdrawal has been delayed for one or two years and has not been resolved.” You may visit: https://www.wikifx.com/en/comments/detail/202308176542471745.html
Conclusion
Safty and costs are two important factors to consider when you choose online brokerage. USGFX' website currently is out of working and its regulatory status is suspicious clone. It is better to choose regulated brokers with transparent operationsto ensure the safety of your investment. When comparing brokerages, keep the potential risks firmly in mind.
Rating Index
USGFX Similarly Rated Brokers
Latest Reviews
只会哼哼的小猫怪
Hong Kong
The withdrawal has been delayed for one or two years and has not been resolved, why is it always delaying time! Fooling again and again, delaying again and again
Exposure
2023-08-17
趋势
Hong Kong
Felicia, Business director of USGFX International, induced fraud to the customer. The customer did not violate any trading mechanism but tens of thousands of US dollars were wiped out that month and only a few hundred US dollars were left. When withdrawing last couple hundreds dollars, Felicia did not allow withdrawals and said that the withdrawal will only be processed after the deposit. After the deposit, Felicia refused to withdraw again when I applied for withdrawal and asked for another deposit and withdrawal will be processed after new client joined. The total deposit of the month was dozens of times of the withdrawal. Felicia kept denied the request for the last withdrawal after the liquidation. For her own performance, after the customer met the requirements of the platform, Felicia doid not allow the last withdraw and it will not be processed. I had applied to ask the platform query all the deposit and withdrawal data and change the customer service manager. After seeing the query data and the change of the customer manager email, Felicia directly blocked the backstage. Felicia is the management of USGFX International. For the sake of her performance, customers' requests were not process even they met requirements of the platform. Felicia colsed the back office when I did not want to cooperate with her and demanded to change customer service manager. If the management is ike this, the employees below will follow. The final withdrawal will never arrive. I hope that other customers and agents will not trust any promises made by the Taiwan Business Manager of USGFX International and any promises made by the MOGA Taiwan business manager, so to be not deceived.
Exposure
2021-12-01
FX9529688031
Hong Kong
I traded on 2023.11.30 at 13:15:26. Order number 66904610. When I wanted to trade on 2024.02.22/23, I found that it could not be traded. I searched for my previous contact information, and on the 26th I found that the email was returned and I couldn’t contact him. I want to go to Lianzhun International https://www.usgforex.asia/, but I forgot my password. I can’t change the password according to its method, and I can’t withdraw money. My balance is 4936.16USD.
Exposure
2024-02-24