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Charles

Operating status: SCAM

Website: https://fuhuimkt.financesnew.online/

Broker violations and abnormal records
  • Sep 07, 2022 BrokersView has Reviewed that Charles is an Unregulated Forex Broker

    Charles claims it is a holding company of Charles Financial Services Limited, a company with subsidies authorized and regulated by multiple regulatory bodies, including:

    1) Charles UK Services Limited is authorized and regulated by the Financial Conduct Authority (FCA) with company reference number 509956. 

    2) Charles Financial Services Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 078/07 and the South African Financial Services Authority (FSCA) with an FSP number 45052.

    3) Charles Global Markets Limited is authorized and regulated by the Securities Commission of the Bahamas (Bahamas SCB) under regulatory number: SIA-F184.

    However, when we searched in the above watchdogs, we found all regulatory info belongs to a company named "FXPRO FINANCIAL SERVICES LTD." As per the regulatory details shown on those regulators, the domain used by Charles (https://fuhuimkt.financesnew.online/) is not included in the approved domains of FXPRO FINANCIAL SERVICES LTD.

    That means Charles is a clone firm that falsely uses the regulatory info of a licensed firm. Charles is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Charles claims it is a holding company of Charles Financial Services Limited, a company with subsidies authorized and regulated by multiple regulatory bodies, including:1) Charles UK Services Limited is authorized and regulated by the Financial Conduct Authority (FCA) with company reference number 509956. 2) Charles Financial Services Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 078/07 and the South African Financial Services Authority (FSCA) with an FSP number 45052.3) Charles Global Markets Limited is authorized and regulated by the Securities Commission of the Bahamas (Bahamas SCB) under regulatory number: SIA-F184.However, when we searched in the above watchdogs, we found all regulatory info belongs to a company named "FXPRO FINANCIAL SERVICES LTD." As per the regulatory details shown on those regulators, the domain used by Charles (https://fuhuimkt.financesnew.online/) is not included in the approved domains of FXPRO FINANCIAL SERVICES LTD.That means Charles is a clone firm that falsely uses the regulatory info of a licensed firm. Charles is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Jul 03, 2025 BrokersView has identified that Charles's website is currently offline

    BrokersView found that the domain "fuhuimkt.financesnew.online" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domain "fuhuimkt.financesnew.online" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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