Farione
Dealer Center “Farion”
Company “Farion” does not disclose the location of its office, does not publish its registration documents and licenses, which raises questions about its legitimacy.
The official website farione.com, presented in Russian, contains a minimal amount of information and lacks sections.
The only available way to contact support is via email. Phone number and links to social networks are missing.
The year of the company’s foundation remains unknown, information about the founders and management is not provided, preference is given to anonymity.
Trading Terms of “Farion”
Before choosing a trading strategy on “farion.com”, it is recommended to study real reviews about the company and familiarize yourself with the documentation such as “Agreement”, “Privacy Policy”, “Disclaimer”, and “Contract” independently.
The “Contract” outlines three trading strategy options with different risk and profitability levels, requiring a minimum deposit and offering a variety of trading instruments.
The company reserves the right to convert clients’ portfolios without their prior consent.
Account Funding and Withdrawal from “Farion”
Commission fees may be charged for managing CFD accounts, as well as for depositing and withdrawing funds. Processing times for withdrawal requests do not exceed 10 business days.
A written request is required for account funding and fund withdrawal.
Conclusion
Despite some peculiarities of the operation of the company “Farion”, such as the lack of basic information and a limited range of contacts, it is important to carefully study the conditions and consult a reliable expert before starting cooperation.
While Farione is a widely recognized broker, there have been instances where their credibility and reliability have been called into question. Their transparency in disclosing complete information, particularly when it comes to unforeseen charges, has often been considered vague. Also, there are complaints of delayed responses, which add to the apprehension about their service quality. Therefore, these concerns could potentially deter clients from fully relying on Farione’s services.