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Regarding the legitimacy of SAFUMAX forex broker, it provides ASIC, FSPR, and .

Is SAFUMAX safe?

Rating Index

WikiFX Detection

Business

Influence E

License

FSPR Revoked

Is SAFUMAX markets regulated?

The regulatory license is the strongest proof.

ASIC Appointed Representative(AR)

Australia Securities & Investment Commission

Regulatory Agencies Introduction

Current Status:

Revoked
License Type:
Appointed Representative(AR)

53762:

BaileyHenry Capital Group Pty Ltd

Australia ASIC Institution FX (STP)

Licensed Entity:
SAFUMAX SOLUTIONS PTY LTD
Effective Date:
2019-11-29
Email Address of Licensed Institution:
--
53748:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
2022-03-28
Address of Licensed Institution:

17 270 Blackburn Rd Glen Waverley VIC 3150
Phone Number of Licensed Institution:
--
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3

FSPR Financial Service Corporate

Financial Service Providers Register

Regulatory Agencies Introduction

Current Status:

Revoked
License Type:
Financial Service Corporate

Licensed Entity:
SAFUMAX GROUP LIMITED
Effective Date:
2013-11-11
Email Address of Licensed Institution:
--
53748:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
2019-12-06
Address of Licensed Institution:

6c Morrin Road SainT Johns Auckland
Phone Number of Licensed Institution:
--
Licensed Institution Certified Documents:

Annex1 Annex2

Is SAFUMAX a scam, or is it legit?

The latest exposure and evaluation content of SAFUMAX brokers.

The customer service doesn’t approve my application for withdrawal

It has been for the better part of a month. The customer service said the withdrawals are disabled now because of system upgrade. I wonder that the transfers should be suspended because of the system upgrade?

Revoke traders' profitable orders without permission

XAU/USD slumped by $115 on the evening of October 9. The trader opened sell with stop limit. Each order was sold at the stop limit price. And we can trade normally at that night in SAFUMAX. While SAFUMAX revoked all the orders on the grounds of abnormal trade the nest afternoon, resulting that traders' accounts became negative. How can we trust such platform which shinks responsibility? We can't make money.

Scam

The teacher on Weibo was a fraudster, whose account was sealed.I have no idea but call the police since the customer service was out of contact.

Losses of nearly $1300~$2000 caused by teacher’s deliberate operation within one and half week.

I knew the teacher through Weibo,who compulsory asked me to trade in this platform and deposit 15000 RMB.Then I deposited 10000 RMB for trading,placing 5 lots for the first order.Though having some doubts,I continued.Eventually,I made a loss.The teacher apologized because of the bad beginning.After profiting a little on the third order of crude oil,I made constant losses.Then the teacher recommended another platform,at which,I realized that it was a fraud platform!The customer service never answer the call!

SAFUMAX latest industry rating score is 1.59, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.59 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

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Is SAFUMAX a scam, or is it legit?

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