ANSWER FuslonFx is an unlicensed broker that we advise against trading with despite the seemingly attractive deals it offers.FuslonFx claims to be a trade name of Top Markets Ltd registered with the Hong Kong Securities and Exchange Commission under Hong Kong Exchange Code Number 25805. However, there is no such authority in Hong Kong, and FuslonFx should fall under the regulation of the Hong Kong Securities and Futures Commission (SFC). However, our search for this broker in the SFC register didn't yield any results, indicating that FuslonFx is operating outside the regulatory framework. Furthermore, the Italian Companies and Exchange Commission (CONSOB) has taken action against FuslonFx by ordering the blackout of its website due to its illegal offering of financial services. You can access the warning here.Regarding your question, we suggest you avoid FuslonFx since it is an unlicensed broker. It is a fraudulent platform carrying significant risks including financial losses and identity theft, as there are no rules in place to safeguard investors. Therefore, to avoid such risks, investors are encouraged to stay away from unlicensed brokers like FuslonFx and choose fully regulated ones.
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