FernFX is an online broker that claims to be based in New Zealand. It offers limited financial instruments to trade with. The broker provides an MT5 platform for trading. The company mainly targets Chinese investors. There is no information available about the minimum deposit or demo account. The entity domain is “www.fernfx.com“.
Is FernFX A Licensed Broker?
FernFX is an unregulated company. It claims to be a registered Financial Markets Authority (FMA) in New Zealand. Later, it was founded that the entity is a clone and has misled its investors. Thus, the entity turned out to be an illegitimate one.
Is Investing With FernFX Safe?
FernFX is a fraudulent entity. It has no valid license to perform financial services. The official website is blocked and might have ceased all its operations. Hence, we recommend not to associate with FernFX while taking investment decisions.
What To Do If You Have Been Scammed By FernFX?
FernFX has received negative feedback from the investors. It has lost its credibility and is termed as a notorious broker. The FMA of New Zealand has blacklisted this broker. Unfortunately, if you have been deceived by illicit FernFX, reach out to us. Our team of experts will help you to retrieve your lost sum.