Score

1.22 /10
Danger

Fancy Group Ltd

United Kingdom

1-2 years

Regulated in United States

Suspicious Regulatory License

MT4/5 White Label

The server is only located in China.

United States Common Financial Service License Unauthorized

Suspicious Overrun

High potential risk

Influence

E

Better than 10% brokers
Comparison
Website

Score

License Index0.00

Business Index4.76

Risk Management Index0.00

Software Index4.00

Regulatory Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!

Influence

E

Better than 10% brokers
Website
Comparison

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open for free

Broker Information

More

Company Name

Fancy Group Ltd

Company Abbreviation

Fancy Group Ltd

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 7
Previous Detection : 2022-10-04
  • The WikiFX cloud system has verified this broker has way too many complaints, and it is in the WikiFX complaint blacklist; please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 33 for this broker in the past 3 months, please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to withdraw

Supplementary upload of Fancy gold medal customer service platform loses contact and does not respond to the problem that the real trading account withdrawal progress is stagnant. The trading account is locked, and the backstage homepage disappears

The gold medal customer service lost contact and the MT4 real trading account was locked by the system without warning, and then the Fancy backstage homepage disappeared. It is unable to log in to the real trading account, and unable to process the withdrawal matters for more than ten consecutive days.

2022-01-06 08:21
Unable to withdraw

Induce to deposit and unable to withdraw

In September 2021, I received a self-proclaimed investment and financial consulting company, so I added a line, and then Assistant Song invited me into the group (Xingluoshigu) to take the stock market course of President Lin (teacher). After that, they continued to talk about how bad the stock market is and to diversify investment. Using words and assistants' recommendation to invest in foreign exchange. He started to open an account in Fancy Group Ltd in November, and has invested about 280,000 Taiwan dollars so far. On 12/12, Assistant Song said that he would take a vacation and transfer it to another assistant named Xiao Wanwan. Joining another group called (online information sharing), 1/11, I was persuaded by assistant Xiao to pay an additional 20,000 to join the gold membership, and I told that the money needed to be withdrawn to pay the remaining balance, the assistant said ok. Everything in the process without abnormality. When 2 withdrawals were applied on 1/12 and 1/13, they were inexplicably rejected on 1/15, and there was no operation at all. If there was a failure, I asked the assistant Xiao why I couldn’t withdraw the money. She said that because there were too many applicants, she asked me to apply again, and then I was kicked out of the group the next day, and the assistant ignored you.

2022-01-21 19:21
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