ANSWER No, because FAN HUA GROUP is an unlicensed broker.The website of FAN HUA GROUP is poorly designed and not well-functioning. Most of the links on it are dead or without any content. It showcases several photos of unknown awards to build its credibility, but it fails to disclose any regulatory information, which is essential for a trustworthy broker. This is a red flag.Despite claiming to be a broker holding multiple financial licenses, FAN HUA GROUP has not provided any evidence to support its assertion, which turns out to be false.Therefore, we strongly suggest investors steer clear of FAN HUA GROUP. It is an unlicensed broker that poses significant risks such as financial losses and identity theft, which could be financially and personally devastating. No rules in place can protect traders dealing with the platform. As such, to mitigate such risks, it is advisable to choose a fully regulated broker instead.
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