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.
DupFX
VisitRisk Level - High
DupFX
Risk Level - High
Scam Evidence & Warnings
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.
Does DupFX allow scalping? 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. View Source
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