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Forman Forex
Australia|5-10 years| http://www.formanfx.com/
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Forman Forex Pty Ltd
Forman Forex
Australia
Pyramid scheme complaint
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- This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
- The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
- The claimed AustraliaASIC regulation (license number: 403863) is verified as a clone firm. Please pay attention to the risk!
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
- This broker exceeds the business scope regulated by Australia ASIC(license number: 232374)Investment Advisory Licence Non-Forex License. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
Forman Forex's Australia Office Address Does Not Exist
According to the on-the-site investigation of the staff, it has been proved that the actual address of the Australia licensed company Forman Forex is inconsistent with that declared by the supervision agency. Investors shall be prudent before choosing the broker since the MM license (403863) issued by ASIC it holds has been proved to be cloned, and the Investment Advisory License (232374) issued b
AustraliaForman Forex's Australia Office Address Does Not Exist
According to the on-the-site investigation of the staff, it has been proved that the actual address of the Australia licensed company Forman Forex is inconsistent with that declared by the supervision agency. Investors shall be prudent before choosing the broker since the MM license (403863) issued by ASIC it holds has been proved to be cloned, and the Investment Advisory License (232374) issued b
AustraliaWikiFX Verification
Australia| Benchmark | -- |
|---|---|
| Maximum Leverage | 400:1 |
| Minimum Deposit | $50,000 |
| Minimum Spread | / |
| Products | FX, Indices, Commodities |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 400:1 |
| Minimum Deposit | $0 |
| Minimum Spread | / |
| Products | FX, Indices, Commodities |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 400:1 |
| Minimum Deposit | $0 |
| Minimum Spread | / |
| Products | FX, Indices, Commodities |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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