FXPlus Trading Academy Pty Ltd (fujiaacademy.wixsite.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 61279081053
Addresses: Level 1 146 Arthur Street North Sydney NSW 2060 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: fujiaacademy.wixsite.com.
I had a dispute with FXPlus Trading Academy Pty Ltd (fujiaacademy.wixsite.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Personal attention|Smooth onboarding|Multi-currency support
Cons: Minimum deposit could be lower|No phone support on weekends
Do not believe the bonus offer from FXPlus Trading Academy Pty Ltd (fujiaacademy.wixsite.com). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a family member had a good experience and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Regular updates|Professional team|Social trading features
Cons: Would like more payment methods|Spreads widen during volatile periods
I signed up with FXPlus Trading Academy Pty Ltd (fujiaacademy.wixsite.com) after doing extensive research and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Responsive team|No hidden fees
Cons: No fractional shares|No integrated tax optimization
I requested my data from FXPlus Trading Academy Pty Ltd (fujiaacademy.wixsite.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Dividend tracking|Instant funding|Smooth onboarding
Cons: Live chat only during business hours
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. FXPlus Trading Academy Pty Ltd (fujiaacademy.wixsite.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Transparent fees|Excellent charting|Instant funding
Cons: Search feature is basic|Some tools only available on higher tiers
I lost a significant amount because FXPlus Trading Academy Pty Ltd (fujiaacademy.wixsite.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Segregated accounts|Competitive fees
Cons: Research section could be deeper|No phone support on weekends