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DHGFX

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Operating status: SCAM

Website: https://www.duxhgfx.com/

Broker violations and abnormal records
  • 2022-08-14 BrokersView has Reviewed that DHGFX is an Unregulated Forex Broker

    DHGFX is not a reliable broker for traders even though it states offers that look good to be true. DHGFX claims it was established in 2019. But when we checked its domain, we found it was newly created on 8 Aug 2022. So how could it start its business in 2019? It is a red flag here.

    Besides, DHGFX claims to be regulated by the US Financial Crimes Enforcement Bureau (FinCEN) with a Money Services Business (MSB) license and registered in the US National Futures Association (NFA). We indeed find match results to DHGFX in the above regulatory bodies. But first please be informed that FinCEN is not a regulatory body that regulates entities engaging in forex services. Second, when searching in NFA, we found this broker is not under valid regulation by NFA since it is not an approved member of this regulator. The truth is that DHGFX is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    DHGFX is not a reliable broker for traders even though it states offers that look good to be true. DHGFX claims it was established in 2019. But when we checked its domain, we found it was newly created on 8 Aug 2022. So how could it start its business in 2019? It is a red flag here.Besides, DHGFX claims to be regulated by the US Financial Crimes Enforcement Bureau (FinCEN) with a Money Services Business (MSB) license and registered in the US National Futures Association (NFA). We indeed find match results to DHGFX in the above regulatory bodies. But first please be informed that FinCEN is not a regulatory body that regulates entities engaging in forex services. Second, when searching in NFA, we found this broker is not under valid regulation by NFA since it is not an approved member of this regulator. The truth is that DHGFX is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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