Score
CLF
Hong Kong|5-10 years| http://www.clfxau.com
Website
Rating Index
Contact
Licenses
Licensed Institution：創利豐金號有限公司
License No.：253
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Hong Kong
5-10 years Suspicious Regulatory License Suspicious Scope of Business Suspicious Overrun High potential riskUsers who viewed CLF also viewed..
XM
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
Vantage
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
GO MARKETS
- Above 20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
FXCM
- Above 20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
Website
clfxau.com
Server Location
Hong Kong
Website Domain Name
clfxau.com
Website
WHOIS.INSTRA.NET
Company
INSTRA CORPORATION PTY, LTD.
Domain Effective Date
0001-01-01
Server IP
59.188.255.60
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.
Is CLF. Legit？
 | The Chinese Gold & Silver Exchange Society(CGSE) |
| Current Status | Suspicious Clone |
| Regulated by | Hong Kong |
| License Type | DS 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.
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
| Classification | Account cannot log in and money cannot withdraw |
| Date | 2021-02-08 |
| Post Country | Hong 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 .
Exposure 2. fraud
| Classification | the superior of CLF has been arrested |
| Date | 2019-11-20 |
| Post Country | Hong 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
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
Review 4
Content you want to comment
Please enter...
Review 4
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
油菜花
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
2021-02-08
花明
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
2019-11-20
FX5159414640
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
2018-10-25
FX3849855492
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
2018-05-16