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Fake Forthright

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Operating status: SCAM

Website: https://www.forthright-chinese.com/

Broker violations and abnormal records
  • 2023-11-22 The HK SFC issues a warning against Fake Forthright

    On 20 November 2023, the Securities and Futures Commission (FSC) issues a warning, stating that the website https://www.forthright-chinese.com/ is not linked to the SFC-licensed company, Forthright Securities. This is a suspicious website falsely claiming to be regulated by the SFC. You may visit: https://www.sfc.hk/TC/alert-list/2969

    On 20 November 2023, the Securities and Futures Commission (FSC) issues a warning, stating that the website https://www.forthright-chinese.com/ is not linked to the SFC-licensed company, Forthright Securities. This is a suspicious website falsely claiming to be regulated by the SFC. You may visit: https://www.sfc.hk/TC/alert-list/2969
  • 2023-11-22 BrokersView has Reviewed that ​Fake Forthright is an Unregulated Broker

    According to its website, it claims to be regulated by the Securities and Futures Commission (SFC), but upon investigation, the Securities and Futures Commission (SFC) issues a warning, stating that the website https://www.forthright-chinese.com/ is not linked to the SFC-licensed company, Fangde Securities Limited. This is a suspicious website falsely claiming to be regulated by the SFC.

    The truth is that Fake Forthright is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    Fake Forthright is a scam.

    According to its website, it claims to be regulated by the Securities and Futures Commission (SFC), but upon investigation, the Securities and Futures Commission (SFC) issues a warning, stating that the website https://www.forthright-chinese.com/ is not linked to the SFC-licensed company, Fangde Securities Limited. This is a suspicious website falsely claiming to be regulated by the SFC.The truth is that Fake Forthright is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Fake Forthright is a scam.

Related Complaints

Q&A

I've heard about Fangde Securities before, and forthright-chinese.com is their official website, right?

Larry burchard
Colombia
2023-12-11
ANSWER No, the website forthright-chinese.com is not associated with any licensed entity. This domain name has been investigated by the Hong Kong Securities and Futures Commission (SFC). According to a warning issued by this financial watchdog, it is a suspicious website with no affiliation to Fangde Securities Limited, an institution licensed by the SFC. The fraudulent entity uses a name similar to the legitimate company in an attempt to mislead investors.Consequently, we have labeled it as "Fake Forthright" to assist investors in distinguishing it from the authentic entity. This illegal platform appears to harbor fraudulent intentions, and traders are advised to avoid it at all costs. To mitigate the risks of fraud and identity theft, it is recommended to steer clear of such deceptive platforms and instead opt for those that are fully regulated and have excellent reputations.
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