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DupFX

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Operating status: SCAM

Website: https://www.dupforex.com/

Broker violations and abnormal records
  • 2021-01-06 Hongkong SFC added DupFX into the Unlicensed Entity Alert
    The Hong Kong’s Securities and Futures Commission (SFC) issued a warning against the broker, stating that the company’s Hong Kong address belongs to a secretarial company: https://www.sfc.hk/en/alert-list/2682.
    The Hong Kong’s Securities and Futures Commission (SFC) issued a warning against the broker, stating that the company’s Hong Kong address belongs to a secretarial company: https://www.sfc.hk/en/alert-list/2682.
  • 2021-08-31 BrokersView has found that DupFX is not working
    BrokersView found the domain https://www.dupforex.com/ is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker’s website is suspended.
    BrokersView found the domain https://www.dupforex.com/ is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker’s website is suspended.

Related Complaints

Q&A

Does DupFX allow scalping?

fekingpissedoff
St.Kitts and Nevis
2023-03-06
ANSWER We suggest not to trade on DupFx, becuase this broker is a fraudulent trading platform whose website is not working and carries a warning issued by the Hong Kong's Securities and Futures Commission (SFC).As we searched the domain provided in your question, we found that it is inaccessible now. That is always a bad sign for a broker. That means, DupFx may not be subject to any oversight or regulation. Additionally, the Hong Kong SFC issued a warning in 2021 against this broker, stating that the company's Hong Kong address belongs to a secretarial company. You can check the full warning from here.The truth is, DupFx is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like DupFx and trade with licensed brokers.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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