Eternal Wealth Group https://www.eternalwealthfx.com/

By Hj, from Australia, June 15, 2020 at 11:39 AM

Hello, I’ve recently made an MT5 account through this broker called eternal Wealth Group but I’m not sure if they are legit. There website looks kind of sketchy and its hard to find contact information to reach them. It’s also very hard to find information about them online. I found a document online with there AFS licenece number. This broker uses the same licence number: http://www.fxtrading-hk.com/index.php. I dont know if it’s the same company with different names or if they just use the same fake Licence number. Eternal Wealth Group claim to have headquarter in Sedney but have branches in HK amongst other places. I got in contact with an account manager through a new friend of mine. This account mangager told me to send money to an account in the UK to make a deopsite of 5000 US dollars. Please look this broker up and contact me if you have any questions. 

  • Eternal Wealth Group
Answer: Hi Hj,

Both eternalwealthfx.com and fxtrading-hk.com are unregulated companies. Their websites are identical and provide the same fake regulation information. Eternal Wealth FX claims to be regulated by ASIC under the registration number427848, however, there is no such entity registered by ASIC:

Also, with the branches in the US and Hong Kong, the broker would need to be authorized in these countries as well, which is definitely not the case here. For a broker who has been on the market since 2007, the Eternal Wealth has literally no reviews or any other kind of feedback from its clients, which looks quite suspicious and not very trustworthy.

Therefore, we recommend avoiding Eternal Wealth FX, as the broker is not regulated and investing with it may cause a lot of troubles.

29 responses to “Eternal Wealth Group”

  1. J’ai mis beaucoup de capital et j’ai gagné beaucoup d’argent sur la plateforme MT5 mais quand j’ai demandé à retirer mon capital on m’a demandé de payer une taxe de 30% avant de me rendre le retrait. J’ai porté plainte auptres de la Police de Hong Kong

  2. I put in a lot of capital and made a lot of money on the MT5 platform but when I asked to withdraw my capital I was asked to pay a 30% tax before I could return the withdrawal. I filed a complaint with the Hong Kong Police.

  3. Hi, a friend that I met online also told me that I can do great benefits if I follow her trades, everything seemed very real, she even sent 100k USD on my account and appeared as “real” on my MT5 account. I made operations for her and get 10% of the benefits and asked me to put 5k USD on the account to trade with her. When I said that I will use the benefits of the operations to trade, then she decided to take off the money so I withdrawal the money for her. She then asked me to put 5K USD on the account, but I refused. The weird thing was that I wasn’t able to withdrawal the 600$ that I maid when I did the operations for her so I was suspicious. I really think it was a very very well done scam. The entire story is longer and crazy.

    • Exactly, her uncle to be exact ! It was very strange and confusing on many points which are :
      1- she sent 100k USD on the account and that money appeared as real on MT5
      2- I spoke with two persons of eternal wealth and the sent me picture of their badges
      3- She sent me her live localization and it was in Paris
      4- It was a Chinese woman and she sent me and vocal note on WhatsApp with my name and pronounced by a Chinese girls (recognized the accent ) my real name is not Josh but a french name and she said it on the vocal note so it is sure that a was speaking with a girl.
      5- I made a demo account to follow her trades at first and every trade was winning and accurate. She used to trade with very hight leverage and very little price difference between take profit and stop loss.

      Please let me know about your experience too. Sorry for bad English 🙂

          • Ditto means that I got the same thing from her. #5 on your list is the same for me. As someone else mentioned in this thread, the trade prices she used does not match market execution prices and in some instances the market did not hit those prices. This is all a sham with the MT5 software to create market prices that show a profit. The prices are coming into MT5 from Eternal Wealth because when you initially install MT5, the BTC option is not there. It only shows up after you link Eternal Wealth demo account.

            I think we should all ask for nude pics from her when she gets excited about making money because the market is so good to her. Hahaha.

    • Exactly, her uncle to be exact ! It was very strange and confusing on many points which are :
      1- she sent 100k USD on the account and that money appeared as real on MT5
      2- I spoke with two persons of eternal wealth and the sent me picture of their badges
      3- She sent me her live localization and it was in Paris
      4- It was a Chinese woman and she sent me and vocal note on WhatsApp with my name and pronounced by a Chinese girls (recognized the accent ) my real name is not Josh but a french name and she said it on the vocal note so it is sure that a was speaking with a girl.
      5- I made a demo account to follow her trades at first and every trade was winning and accurate. She used to trade with very hight leverage and very little price difference between take profit and stop loss.

      Also, I met her on an online website and I started talking about Bitcoin and trading, she didn’t. She spoke a lot of other things apart from trading and almost never spoke about that at first. So if it’s a scam it’s a very well done one, I understand people who got scammed. I’m still not sure it was one even if many things are suspects.

      Please let me know about your experience too.

  4. Josh, you and I must have been talking to the same woman. She wanted me to send a $5,000USD deposit to a man in HK, not Eternal Wealth. She almost scammed me. Went by the English name of Jess. She is a low life scammer.

    I also copied two of there URL.s and sent emails that bounced back.

    • I have been being groomed by a lady in Hong Kong, using the name Dong. She has been working with me on an Eternal Wealth demo. She has not asked for money yet, but I feel that is coming soon. She also claims her uncle is a banker and financial advisor who guides her. Another claim is a branch of the firm is in Miami. Sound familiar??

      • Hahaha, same story for everyone. This is a well devised scheme. Have normal conversation to bait people. She references Thomas Lee.

  5. I traded with this company it is a scam, I can not get my money back out of the trading platform. The address is Australia is false it’s a shared service office I called them and Eternal Wealth was never there

  6. Hey Guys,
    I also have contact to a girl who’s uncle has certain knowledge about the market and provides her with information. I created an demo account for testing and it was a little bit suspicious for me because she asked me than about an real account. I created another demo account by an real broker and compared the charts then. What should I say, the charts they use are fake… the market she tells us about never exist. I’m comparing it now for 5 days and everytime the real market never makes such a movement.

  7. Hi, I think I may be getting groomed for the same pitch. Lady using name Dong, in Hong Kong. In family business supposed to have an uncle in banking and finance guiding her. Mentioned a branch business in Miami. She has been coaching me on a demo program. Has not asked for funds yet but feel that show is about to drop.Please let me know if any of this is familiar.

  8. The original company- Eternal wealth group Pty limited does not deal with any forex trading. The hong Kong based eternal wealth are using their ASIC number. Like you all guys I met hong Kong based girl on social media & asked me to invest 100k so that I can make 50% every month, too good to believe. I lost money. So please don’t fall into their trap. They only use what’s app, they don’t talk you over the phone. Seeing all your experiences I am also a victim of this scam

    • I’m sorry to hear that JK, how much did you lost ?
      The scam is incredible and very well made. They even sent me the bank transfer papers when she sent me the 100k USD. Everything looked so real. So we are 100% sure it’s a scam ?

  9. Its a well organized Money heist or should I call Forex heist. Professor is the lady jess, Dong, yo yo, Emily or Amy. Its embarrassing, I lost the money through a girl I met on a social media platform. I kept quiet all these days, but after reading all your experiences decided share mine. Hope financial regulators or hong Kong police take action.

  10. I think i got the same thing, very well played from them.
    I never thought i could fall for a scam, ever!
    There’s always a first i think.
    I have money in my mt5 account which i can’t withdraw now.

    I’m thinking how to get it back but doesn’t look promising

  11. I am thinking I’m on the same boat, but the Hong girl has not pressure or ask me to deposit money in the account , just recharge what ever I am comfortable, but it is through the enternalwealth broker 😓😓 no uncle or access to her account, or deposit into My account.
    We have been talking for over half a year every day. Is she still cat fishing me? Or am I over thinking? I have deposited $2,000 into mt5, before a few months ago there was transaction in the market every day, but now lately she said there is rarely movement in the marker, so money just sitting there, and we hardly talk about mt5 or investing. What are your thoughts?

    • I think it will be impossible for you to withdrawal your money and she will say that you have to put 5k USD minimum to withdrawal (to avoid money laundering)
      Try to tell her that you want to withdrawal because you have financial problems and see her reaction. Let us know please

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