Chaohuan Finance Limited Forex Broker

Chaohuan Finance Limited 1982250529 Note: For some unknown reason, we cannot open Chaohuan Finance Limiteds official site (https://www.chaohuanfoxy.com/index.php) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue. General Information & Regulation Chaohuan Finance Limited is allegedly a financial company registered in Hong Kong, China that claims to provide its clients with flexible leverage up to 1:400 and floating spreads from 0 pips on the industry-standard MetaTrader5 trading platform. As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, account types, etc. As for regulation, it has been verified that Chaohuan Finance Limited is regulated in the United States but is unauthorized. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.12/10. Please be aware of the risk. Leverage Chaohuan Finance Limited says to offer flexible leverage between 1:100 and 1:400, which is much higher than that provided by most brokers. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you. Spreads Chaohuan Finance Limited claims that the spread on EUR/USD starts from 0 pips. Trading Platform Available The platform available for trading at Chaohuan Finance Limited is the worlds leading MetaTrader5. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5. Deposit & Withdrawal Chaohuan Finance Limited says to only deposit in USDT or via wire transfer, while withdrawals must be made either via UnionPay or via bank transfer. The minimum initial deposit requirement is said to be $100, while there is no mention of what the minimum withdrawal amount is. Customer Support Chaohuan Finance Limited‘s customer support can only be reached by email: meiwork@chaohuanforex.com. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address that most brokers offer. Risk Warning Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.