Wikilix
Far East Precious Metal logo

Far East Precious Metal

No Regulation
Hong Kong
,
Since 2010
Last Updated:
50/100
Overall Score

Trading Conditions

Min Deposit:
USD50
Max Leverage:
100
Account Types
Standard Account

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

3 methods

Third-party payment platforms

other
hours
Fee:
Free
Fee:
Free

Direct bank deposits

bank transfer
hours
Fee:
Free
Fee:
Free

Bank transfers (withdrawal)

bank transfer
1 days
Fee:
Free
Fee:
$20

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 50%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
50%Fair
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:Far East Precious Metal (HK) Limited
Founded:2010
Headquarters:Hong Kong
Enterprise Offices:1offices

Customer Support

Phone:
+852 35280868
Live Chat:
business_hours
Response Time:
—
Languages:
EnglishChinese (Simplified)+1
Scroll Down

What Far East Precious Metal legally published, but does not want you to read

Wikilix contract reading ·

High contract risk

Far East Precious Metal publishes only a cookie policy and a privacy policy in public. The real contract sits inside the signup form, behind the box you tick to agree. It lets the firm lend your money to itself, gives you <strong>one day</strong> to object to a statement you may never receive, and takes <strong>5%</strong> of any deposit you decide not to trade. That 5% was 3% in February.

6Critical clauses
22Clauses flagged
10Documents read
8.5/10Contract risk
Read the full terms report18 more clauses, each with its wording, clause number and source
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Far East Precious Metal: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

In the fast-paced world of financial trading, selecting the right broker is a critical decision for both novice and experienced traders. Brokers act as gateways to global markets, providing access to a diverse range of financial instruments, trading platforms, and support services. Among the many firms in the industry, FEPM has garnered interest from traders seeking reliable brokerage services.

However, when researching FEPM, it becomes apparent that publicly available information is scarce. This article serves as a comprehensive guide for evaluating FEPM, focusing on key considerations such as regulatory compliance, trading conditions, fee structures, and overall user experience. By understanding these factors, traders can make informed decisions and better secure their investments.

Background and History

Detailed background information on FEPM is not readily accessible through common financial databases or industry review platforms. This lack of transparency can be a red flag for potential clients, as reputable brokers typically provide clear histories, company milestones, and leadership details on their official websites or in regulatory disclosures.

For those interested in FEPM, it is advisable to consult the broker’s official communication channels directly, including its corporate website, press releases, and customer support. Understanding the broker’s origins, mission, and growth trajectory is essential for assessing its stability and commitment to client service.

Key Features and Offerings

In the absence of verified data, it is difficult to outline FEPM’s specific product suite. Generally, trading brokers provide access to various asset classes like forex, stocks, commodities, indices, and cryptocurrencies. They also offer different account types, trading platforms, and educational resources tailored to diverse trader profiles.

To evaluate FEPM’s offerings, prospective clients should inquire about:

  • Financial Instruments: The range of available markets and assets.

  • Account Types: The variety of trading accounts and their minimum deposit requirements.

  • Trading Platforms: The supported platforms (e.g., desktop, web, mobile) and their features.

  • Leverage and Margin: The leverage options and corresponding margin requirements.

  • Support and Education: The quality of customer support and available educational materials.

Gathering this information directly from FEPM will help traders determine if the broker's services align with their goals and risk tolerance.

Regulatory Compliance and Licensing

Regulation is a cornerstone of trust and security in the brokerage industry. Traders should always verify a broker’s licensing status with official regulatory bodies to ensure their funds and personal data are protected.

As no public regulatory information about FEPM is currently available, it is crucial to perform due diligence by consulting recognized authorities such as the UK's Financial Conduct Authority (FCA), the US Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA), or other relevant agencies in the broker’s jurisdiction.

Once verified, regulatory information should be clearly presented as in the template below:

Regulator

License Number

Status

Example Regulator

123456

Active

Example Regulator 2

7891011

Active

Traders should request this information directly from FEPM and cross-check it with official regulatory websites before proceeding.

Trading Conditions and Platform Technology

Trading conditions such as spreads, leverage, and minimum deposits significantly impact a trader's experience and profitability. Furthermore, the underlying platform technology determines execution speed, reliability, and available tools.

Since specific details about FEPM’s trading conditions are not publicly documented, traders should seek clarity on the following:

  • Spreads: The types of spreads (fixed or variable) and average spreads on major instruments.

  • Leverage: The maximum leverage offered and associated margin requirements.

  • Minimum Deposit: The minimum amount required to open an account.

  • Platform Features: The specific features and tools available on their trading platforms.

This information can be organized as follows for easy comparison:

Trading Condition

Details

Spreads

Not publicly available

Leverage

Not publicly available

Minimum Deposit

Not publicly available

Trading Platforms

Not publicly available

Fee Structure

A clear understanding of the fee structure is essential for effective cost management. Fees can include commissions, spreads, and charges for deposits, withdrawals, and account inactivity. Transparent brokers provide detailed fee schedules to help clients anticipate expenses.

As with other areas, FEPM’s fee structure is not clearly documented in public sources. Traders should request a comprehensive fee breakdown directly from the broker. A typical comparison might look like this:

Fee Type

Details

Deposit Fees

Not publicly available

Withdrawal Fees

Not publicly available

Commission

Not publicly available

Inactivity Fees

Not publicly available

Confirming these details before trading can prevent unexpected costs and improve overall satisfaction.

User Experience and Market Reputation

Client feedback and market reputation offer valuable insights into a broker’s reliability and service quality. Reviews often highlight strengths like responsive customer support and platform stability, as well as potential weaknesses.

Given the limited information on FEPM, it is recommended to explore independent broker review websites and trading forums for user testimonials. Additionally, contacting FEPM’s customer service can provide a sense of its professionalism and responsiveness.

Traders should exercise caution if reviews are scarce or predominantly negative. Verifying credentials and testing services through demo accounts can also help assess suitability.

Recent Developments

Staying informed about recent developments—such as new product launches, regulatory updates, or technological enhancements—is important for traders to adapt their strategies. Unfortunately, no recent news or updates about FEPM have been identified in publicly accessible sources.

To stay current, traders interested in FEPM should subscribe to the broker’s official communications or monitor financial news outlets. This proactive approach ensures awareness of any changes that could impact trading conditions or client protections.

Conclusion

FEPM currently lacks comprehensive, publicly available information, making it essential for prospective clients to conduct thorough due diligence. Key areas of focus should include verifying regulatory licenses, understanding trading conditions and fees, and assessing user feedback.

Before engaging with FEPM, traders should:

  • Visit the broker’s official website for detailed service descriptions.

  • Check regulatory databases to confirm licensing and compliance.

  • Request transparent information on fees, trading platforms, and account types.

  • Seek independent reviews and test the responsiveness of customer support.

By following these steps, traders can better safeguard their investments and select a broker that aligns with their trading objectives and risk appetite.

Website archive
Captured

Website snapshots

6 full-page captures of Far East Precious Metal's own site, archived so what they said can still be read after the pages change.

6 pages
Homepage
Company & Regulation
Trading Conditions & Contract Specs
Account Types
Deposits & Withdrawals
Privacy Policy
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check

Regulatory Licenses

We have not confirmed any regulation for Far East Precious Metal. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for Far East Precious Metal. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers
Deposits & withdrawals

Funding Methods

3 ways to fund an account.

3 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Third-party payment platformsOther
Deposit fees may be charged by third-party providers; no broker deposit fees. Withdrawal fees apply if withdrawal is below thresholds.
Not recordedNot recordedUSD 50USD 50Not recordedhour
Direct bank depositsBank Transfer
Withdrawal fees apply if withdrawal is below thresholds. Withdrawals processed primarily via bank transfers.
Not recordedNot recordedUSD 50USD 50Not recordedhour
Bank transfers (withdrawal)Bank Transfer
A fixed withdrawal fee of US$20 applies if withdrawal is less than US$600. Another source notes a US$3 fee if withdrawal is less than US$50.
Not recordedUSD 20Not recordedUSD 600Not recorded1 day
Fees, limits and processing times as published by Far East Precious Metal, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 4.

1 platform
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Runs on

    • Windows
    • Mac
    • Web
    • Android
    • iOS
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • www.fepm62.com/enMain siteActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Legal entities

Corporate Network

One legal entity behind the Far East Precious Metal brand.

1 entity
  • Far East Precious Metal (HK) LimitedActiveHong KongRegistration 1409390Established Jan 7, 2010
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about Far East Precious Metal

Most Popular Questions
Far East Precious Metal provides customer support via phone and live chat during business hours. Support is available in English, Simplified Chinese, and Traditional Chinese, with email support accessible at cs@fepm62.com.
According to WIKILIX data, Far East Precious Metal offers a maximum leverage of 100. This leverage applies to the trading instruments available through the broker.
The minimum deposit amount is 50 USD, and deposits can be made via third-party payment platforms or direct bank transfers, usually processed within hours. Withdrawals are primarily processed via bank transfers, taking 1 to 5 business days, with fees applied for withdrawals under certain amounts.
Far East Precious Metal supports the MetaTrader 4 platform, which is available on desktop, web trader, and mobile devices. MetaTrader 4 is known for advanced charting, automated trading via Expert Advisors, and reliable execution.
Far East Precious Metal is regulated by the Hong Kong Gold Exchange under a Type A1 License. It operates under Hong Kong jurisdiction and complies with relevant regulations, including FATF membership. The broker offers medium transparency and uses arbitration and mediation for complaint resolution.
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