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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

CLF

Hong Kong Hong Kong | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | Suspicious Overrun | High potential risk

http://www.clfxau.com

Website

Rating Index

Contact

4001200610
cs@clfxau.com
http://www.clfxau.com
The WikiFX Score of this broker is reduced because of too many complaints!
Licenses

Licensed Entity:創利豐金號有限公司

License No. 253

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
Hong Kong Hong Kong
Operating Period
5-10 years
Company Name
CLF
Customer Service Email Address
cs@clfxau.com
Contact Number
4001200610
Company Website
花明

花明

Unverified

Hong Kong

From May to July,2017, CLF set kinds of agents and defrauded domestic investors every 2 months.The police in Hubei province has arrested the superior of CLF ,who admitted that their scam in Hong Kong.Experience:He pulled us into the stock exchange group and invite us to vote on him and Shanhe.In the live broadcast, Shanhe repeatedly stated that he is a Buddhist disciple. He believed in Buddhism and wanted to reward his own fans and shareholders. Leading everyone to make stocks profitable, he asked everyone to make a part of charity after making a profit.Then he invited his friend,the manager of a foundation,to take us to trade stock and currency.They selected CLF as the broker and sent screenshots of high profits.By their temptation,many members opened accounts in CLF and were divided into groups,in which there were fraudsters actually.They forced them to operate with 60% to 70% position.Investors made all losses and were removed within several days.Eventually,they realized that the fund hasn’t been flowed into the international investment platform but facade companies.Many victims have be defrauded for 2 years,given no explanation or compensation.

Exposure

油菜花

油菜花

Unverified

Hong Kong

In 2017, a person with the alias Xuanyang first set a group chat to invest stocks and deliberately revealed XAU/USD, saying that stocks were slow to make money, and international futures were used to earn foreigners' money. They maliciously gave adverse recommendations, which led to forced liquidation. Later, the account could not be logged in. Can't withdraw money.

Exposure

FX3849855492

FX3849855492

Unverified

Hong Kong

They colluded with other platforms to scam clients to trade gold on their virtual market. There are many victims. Stay away from them.

Exposure

FX5159414640

FX5159414640

Unverified

Hong Kong

I deposited in September last year. In October, I can’t withdraw anymore. Every time it says some account error or something. How can I fail to withdraw since I have only one account? After then, all their people are missing.

Exposure

4
Website
Company Summary
Comment

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Official website

Website

  • clfxau.com
    59.188.255.60
    Server Location
    Hong Kong Hong Kong
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    0001-01-01
    Website
    WHOIS.INSTRA.NET
    Company
    INSTRA CORPORATION PTY, LTD.

Company Summary

https://www.wikifx.com/en/dealr/2801470707.htmlNote: CLF's official website: http://www.clfxau.com is currently inaccessible normally.

CLF Information

CLF was founded in Hong Kong about 5-10 years ago. While it is regulated, its regulatory filing is considered to be a suspicious clone. We can reach by phone at 4001200610, email at cs@clfxau.com and QQ 800821886. Andwe can trade through MT4.

CLF Information

Is CLF. Legit?

Is CLF. Legit?
The Chinese Gold & Silver Exchange Society(CGSE)
Current StatusSuspicious Clone
Regulated by Hong Kong
License TypeDS License
License No.253
Licensed Institution創利豐金號有限公司

CLF claims to be regulated by The Chinese Gold & Silver Exchange Society(CGSE) in Hong Kong. However, according to the CGSE, its current status is “Suspicious Clone.”

When dealing with CLF, caution is advised to ensure financial security and regulatory compliance.

Is CLF. Legit?

Downsides of CLF

  • Unavailable Website

The website of CLF is currently inaccessible, and its reliability and accessibility are in question.

  • Regulatory Concerns

CLF operates with suspicious regulation that can not guarantee trading transparency and investor protection.

  • Lack of Transparency

CLF has insufficient information. Unlike other brokers, this lack of transparency makes it difficult for investors to make informed decisions.

Negative CLF Reviews on WikiFX

On WikiFX, “exposure” is information users pass on by word of mouth.

Clients must review the information and assess the risk before trading, especially for unregulated platforms. You can consult our platform for details. The client can find trader-related comments in our “Exposure” section, where our team will try our best to resolve any issues.

There were 4 pieces of CHLFX exposure in total. I will introduce 2 of them.

Exposure 1. Unable to withdraw

ClassificationAccount cannot log in and money cannot withdraw
Date2021-02-08
Post CountryHong Kong

The user said that he was know the platform from a group and he cannot log in that his money cannot withdraw. You may visit: https://www.wikifx.com/en/comments/detail/202102087142451544.html .

Negative CLF Reviews on WikiFX

Exposure 2. fraud

Classificationthe superior of CLF has been arrested
Date2019-11-20
Post CountryHong Kong

The user said the superior of CLF had admitted his scam and been arrested. You may visit: https://www.wikifx.com/en/comments/detail/201911198692330534.html

Negative CLF Reviews on WikiFX

Conclusion

CLF is not safe. It has limited information, resulting in one-sided client knowledge, and is unregulated. Financial risk may arise from lack of regulation. Moreover, trading on this platform is not transparent and clients may experience loss of funds. As a result, clients must be rational and cautious when trading on this platform, or choose a more secure trader.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Suspicious Overrun
  • High potential risk

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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
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