FUJI Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!
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Deposit 430,000, can’t withdraw the money left. I DEPOSITED 50,000 and it didn’t arrive, then I realized that I can’t withdraw. A clone of FUJI. The superior disappeared. The agent shrank the responsibility with the excuse that he was a victim, too.
Fuji, a broker based in Hong Kong, has garnered mixed reviews from users and experts alike. While it claims to be regulated and offers a variety of trading instruments, numerous user experiences suggest serious concerns regarding withdrawal processes and customer support. This review aims to provide a comprehensive overview of Fuji, highlighting both positive and negative aspects based on recent findings.
Note: It is essential to recognize that Fuji operates under different entities across various regions, which may affect user experiences. This review synthesizes information from multiple sources to ensure fairness and accuracy.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 5 |
| Customer Service and Support | 4 |
| Trading Experience | 5 |
| Trustworthiness | 4 |
| User Experience | 5 |
| (Optional) Additional Rating | 6 |
How We Rated the Broker: Ratings are based on user experiences, expert opinions, and factual data derived from multiple sources.
Founded approximately 5 to 10 years ago, Fuji is a financial trading platform specializing in precious metals, particularly gold and silver. The broker claims to be regulated by the Chinese Gold & Silver Exchange Society (CGSE) and primarily offers trading through the popular MetaTrader 4 (MT4) platform. Users can engage in trading various instruments, including gold contracts and cast gold products.
Fuji claims to operate under the regulatory oversight of CGSE in Hong Kong. However, the level of enforcement and the actual protection provided to users remain questionable, as some reviews have raised concerns about the broker's legitimacy and adherence to regulatory standards.
The specific currencies accepted for deposits and withdrawals are not clearly outlined in the sources reviewed. However, it is common for brokers to accept major fiat currencies like USD and HKD. There is no mention of cryptocurrency options, which may limit trading flexibility for some users.
The minimum deposit requirement is not explicitly stated in the sources, leaving potential traders uncertain about the initial investment needed to start trading with Fuji.
There is no information available regarding any bonuses or promotional offers provided by Fuji, which is a common practice among many brokers to attract new clients.
Fuji focuses primarily on precious metals, offering instruments like gold contracts and cast gold products. Users can also trade internationally recognized standards such as London gold and silver.
According to sources, the spread for London gold is reported to be 0.50 USD, while for London silver, it is 0.04 USD. Additionally, traders may incur a commission of RMB 400 per lot, which adds to the overall trading costs.
Fuji offers a maximum trading leverage of 100:1, which can amplify both potential profits and losses. Such high leverage is typical in the forex trading environment but comes with increased risk.
Fuji utilizes the MT4 trading platform, known for its user-friendly interface and advanced analytical tools. While this platform is popular among traders, the lack of MT5 availability may be a drawback for some users looking for more advanced features.
There is no clear information regarding specific regions where Fuji restricts trading. However, users are advised to verify their eligibility based on local regulations.
Fuji provides customer support in multiple languages, including English and Chinese. However, the effectiveness and responsiveness of their customer service have been criticized, with some users reporting long wait times and unhelpful responses.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 5 |
| Customer Service and Support | 4 |
| Trading Experience | 5 |
| Trustworthiness | 4 |
| User Experience | 5 |
| (Optional) Additional Rating | 6 |
Account Conditions (6/10): Users report mixed experiences with account conditions. While some traders find the platform accessible, others have faced significant withdrawal issues, raising questions about reliability.
Tools and Resources (5/10): The MT4 platform offers various tools, but the lack of additional resources or educational materials may limit traders, especially beginners.
Customer Service and Support (4/10): Customer service has received considerable criticism. Users have reported difficulties in communication and unhelpful responses when attempting to resolve issues, particularly regarding withdrawals.
Trading Experience (5/10): The trading experience is generally satisfactory, but the withdrawal problems overshadow the platform's usability. Many users report feeling trapped due to the inability to access their funds.
Trustworthiness (4/10): Despite claims of regulation, user experiences suggest a lack of transparency and potential risks. Some reviews label Fuji as a scam, indicating a need for potential traders to exercise caution.
User Experience (5/10): Overall user experience varies widely, with some traders reporting positive experiences while others express frustration over withdrawal issues and customer support.
In conclusion, while Fuji presents itself as a regulated broker with a focus on precious metals, potential users should approach with caution. The mixed reviews, particularly regarding trustworthiness and customer support, highlight the need for thorough research before engaging with this broker. Always ensure to verify the latest information directly from the broker before making any decisions.
