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RenHe foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://renhezs.net/, about the company's legal and temporary regulatory information, the company's address A-32-8, 5 A Menara UOA Bangsar-H TWR, JLN Bangsar UTAMA 1, Bangsar, 59000 Kuala Lumpur, Malaysia..

RenHe Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
Ren He Technology (HK) Limited
Abbreviation
RenHe
Company employee
--
Customer Service Email Address
support@renhezs.net
Company Website
Company address
A-32-8, 5 A Menara UOA Bangsar-H TWR, JLN Bangsar UTAMA 1, Bangsar, 59000 Kuala Lumpur, Malaysia.
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
Australia Appointed Representative(AR) Revoked
High potential risk

Company profile

Company NameRENHEHeadquartersOperational base in Hong Kong; Registered address in UAERegulationsASIC Revoked licenseMarket InstrumentsForex, Precious Metals, Indices, Commodities, CryptosAccount TypesOne-account model (single account)LeverageLeverage provided but maximum value not specifiedCommission FeeZero commission and feesTrading PlatformsMetaTrader 5 (MT5)Customer SupportMultilingual team available via phone, email, and inquiry formEducational ResourcesInnovative Chinese charting method trading training, Economic Calendar, analysisOverview of RENHE RENHE is a financial brokerage firm with its operational base situated in Hong Kong and a registered address located in the United Arab Emirates (UAE). This broker provides a variety of market instruments, including forex, precious metals, indices, commodities, and cryptocurrencies. Traders can access these diverse market options through RENHE's trading platform, MetaTrader 5 (MT5), which offers a range of features and tools.Is RENHE regulated? RENHE has an ASIC revoked license.Pros and ConsPROSCONSClaims of low spreads with zero commission and feesOperates unregulatedReal-time market insights and continuous updatesLack of transparency in spread valuesPrompt processing of withdrawal requests within 36 hoursUnclear specifics about offered maximum leverageSimplistic single-account trading structureNo explicit statement on payment methodsMarket Instruments RENHE trade provides a vast array of market instruments that can be traded from a single account, covering various markets. These include Forex, Metals, Indices, Commodities and Cryptocurrencies. With RENHE, traders can trade in more than forty different currency pairs, an offer made possible by its global repute as one of the leading CFD providers. Furthermore, the trading platform provides the opportunity to trade in precious metal pairs, which are hailed for their value and durability. Traders can also access a wide range of Index CFD trades through the MT5 & MT5 platforms provided by RENHE, which allow for speculation on the price movements of national or global stock markets.Account Types RENHE uses a one-account model, packing all its services into one easy-to-use platform. This allows traders of any level to get to all trading tools easily. Spread and Commission Fees RENHE makes a claim about offering low spreads, which can potentially increase profits for traders as the cost of entering and exiting trades could be reduced. However, they don't specify the actual spread value or use any specific forex pair or instrument as a benchmark for this claim. This lack of transparency may impact traders' decision-making process.Trading Platform RENHE offers MetaTrader 5 (MT5), a state-of-the-art trading platform loaded with high-tech features and extensive trading capabilities. Catering more than just Forex, it allows diversified trading in commodities, indices, and cryptocurrencies. Key offerings include a multilingual interface, the depth of market tool for liquidity information, and an integrated economic calendar for volatile market insights. Further, MT5 brings advanced charting for precise trend analysis with over 80 indicators and analytical tools. It supports automated trading through Expert Advisors (EAs) and allows multiple simultaneous positions on the same asset, known as hedging. MT5's offerings manifest RENHE's commitment to delivering a flexible, feature-rich and efficient trading environment.Deposit & Withdrawal RENHE offers prompt withdrawal request processing, within 36 hours of receipt. However, the absence of explicit mention of specific modes of payment could possibly raise questions or concerns among potential users. Knowing the exact payment methods available, whether it be credit/debit cards, electronic wire transfers, or online payment systems, allows users to strategize their cash flows better and provides reassurance on the flexibility and convenience of transactions.Customer Support RENHE places a high priority on client support, providing a dedicated multilingual team available six days a week, from Monday to Saturday. The team assists clients in a timely and efficient manner, accommodating different languages to create a seamless communication experience. Regardless of the client's query or concern, the team's readiness to help ensures that each request or issue is handled with the utmost care and professionalism. In terms of the various contact methods offered by RENHE, clients can reach out via telephone with the contact number being +971042430274. For those who prefer written communication, the company's operational email address is info@renheintl.com, which is regularly monitored to ensure swift responses. Additionally, for face-to-face consultations or matters requiring physical correspondence, RENHE's operation office is situated at V02, 681-Al Barsha South Fourth, Dubai, UAE.

Rating Index

Standard

Minimum Deposit
$200
How to login to RenHe?
renhe Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a renhe Account Registering for a renhe account is a straightforward process, enabling users to access various trading services. Follow these detailed steps to comp

  

Renhe Forex Broker - Complete Information Guide

  

1. Broker Overview

  Renhe Financial Services Limited, commonly known as Renhe broker, was established in 2018. The company is headquartered in the Bahamas, with its main office located at 201 Church Street, Sandyport, Nassau, New Providence. Renhe operates as a private entity, providing a range of trading services to clients across the globe.

  The broker primarily serves retail traders and institutional clients, offering access to diverse financial markets. Since its inception, Renhe has aimed to create a user-friendly trading environment, focusing on transparency and efficiency. The company has made significant strides in its development, including the introduction of various trading instruments and platforms.

  Renhe has built a reputation for its innovative approach to trading, particularly through the use of the MetaTrader 4 (MT4) platform. The broker's business model revolves around retail forex trading, allowing clients to engage in foreign exchange, commodities, indices, and more.

  

2. Regulatory and Compliance Information

  Renhe is regulated by the Securities Commission of the Bahamas (SCB), holding a license under the number SIA-F 211. However, it is important to note that the regulatory status of Renhe has been described as abnormal, with warnings about potential risks associated with trading through this broker.

  The broker claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that client identities are verified and that transactions are monitored. Despite this, the lack of robust regulatory oversight raises concerns about client fund protection and transparency.

  Renhe does not participate in any investor compensation schemes, which means that in the event of insolvency, clients may not have access to compensation for their funds. Furthermore, client funds are reportedly held in segregated accounts, but the specifics of this policy are not clearly outlined.

  

3. Trading Products and Services

  The Renhe broker offers a wide range of trading products, including:

  • Forex: More than 40 currency pairs, including major, minor, and exotic pairs.
  • Contracts for Difference (CFDs): Access to indices, commodities, and precious metals.
  • Cryptocurrencies: While specific cryptocurrency offerings are not detailed, the broker does provide access to this rapidly evolving market.

  Renhe is committed to updating its product offerings regularly, although the frequency of these updates is not specified. The broker caters to both retail and institutional clients, providing various trading solutions tailored to individual needs.

  For institutional clients, Renhe offers white-label solutions, allowing other firms to utilize its trading platform under their branding. Additionally, asset management services are available for clients looking for professional management of their investments.

  

4. Trading Platforms and Technology

  Renhe primarily supports the MetaTrader 4 (MT4) trading platform, which is known for its user-friendly interface and robust features. The platform is highly customizable and supports a variety of trading tools and indicators.

  • MetaTrader 5 (MT5): Renhe also offers access to MT5, which includes enhanced features such as additional technical indicators and improved charting capabilities.
  • Web Trading: The broker provides a web-based trading platform, allowing clients to trade without the need for software installation.
  • Mobile Applications: Renhe supports mobile trading through MT4 and MT5 applications available on both iOS and Android devices.

  The broker operates on a Straight Through Processing (STP) model, which ensures that client orders are executed directly in the market without any intervention. The servers are located in secure data centers, although specific details about their infrastructure are not disclosed.

  API access is also available for automated trading, enabling clients to implement their trading strategies seamlessly.

  

5. Account Types and Trading Conditions

  Renhe offers a variety of account types, including:

  • Standard Accounts: These accounts typically have no minimum deposit requirement, competitive spreads, and zero commissions.
  • VIP Accounts: Designed for high-volume traders, these accounts may offer additional benefits such as lower spreads and enhanced customer support.
  • Islamic Accounts: Available for clients adhering to Sharia law, these accounts do not incur interest fees.

  The broker provides a demo account option for new traders to practice without risking real funds. Leverage can vary depending on the product, with a maximum leverage ratio of up to 1:100.

  Minimum trade sizes and overnight fees are not specified in the available information, which may be a consideration for potential clients.

  

6. Fund Management

  Renhe supports various deposit methods, including:

  • Bank Transfers: Traditional bank wire transfers are available for funding accounts.
  • Credit/Debit Cards: Clients can also deposit funds using major credit and debit cards.
  • E-Wallets: Electronic payment systems may be supported, though specific providers are not detailed.

  The broker does not specify a minimum deposit for different account types, which may appeal to new traders. Deposit processing times are generally quick, but exact durations are not provided.

  Withdrawal methods are similarly varied, with processing times typically ranging from 24 to 36 hours. However, specific withdrawal fees and limitations are not clearly outlined, which could be a concern for potential clients.

  

7. Customer Support and Educational Resources

  Renhe places a strong emphasis on customer support, offering multiple channels for assistance, including:

  • Phone Support: Available during business hours, with contact numbers provided for different regions.
  • Email Support: Clients can reach out via email for inquiries or issues.
  • Live Chat: An online chat feature is available on the broker's website for immediate assistance.

  The broker provides support in several languages, including English and Simplified Chinese, catering to a diverse client base. Educational resources include webinars, tutorials, and market analysis services, which aim to enhance the trading skills of clients.

  Daily market analysis and research reports are available, helping traders stay informed about market trends and potential trading opportunities. Additionally, Renhe offers trading tools such as economic calendars and calculators to assist clients in their trading decisions.

  

8. Regional Coverage and Restrictions

  Renhe primarily serves clients in the Bahamas and has a growing presence in other regions. The broker's operational base is located in Dubai, UAE, with a registered address in Hong Kong.

  However, Renhe does not accept clients from certain jurisdictions, including the United States, North Korea, and Iran, due to regulatory restrictions. Specific limitations on services may also apply based on local laws and regulations.

  In summary, while Renhe broker offers a range of trading services and products, potential clients should carefully consider the regulatory environment and the associated risks before engaging with this broker.

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Latest Reviews

FX2255023025

FX2255023025

Pakistan

I have been trading on the Renhe foreign exchange trading platform for more than a year. This experience has been truly amazing! First of all, it doesn't charge any commissions at all. This has greatly reduced my transaction costs, allowing me to invest more funds in actual trading, and effectively increasing my profit margins. Moreover, its recharge and withdrawal speeds are quite excellent. Every operation can be completed quickly, and the capital flow is efficient and convenient, without any worries at all. During this period of more than a year, whether the market fluctuates sharply or is relatively stable, Renhe has always operated stably, providing me with a reliable trading environment. Its operation interface is simple and easy to understand, and all kinds of trading tools and analysis indicators are all available. Even ordinary investors like me can easily get started. I sincerely thank Renhe for making my foreign exchange investment journey so smooth!

Positive

2024-12-05

hd7108

hd7108

United Arab Emirates

Although I'm based outside of their restricted countries, using Ren He Tech’s platforms has been an enlightening experience. The way they record price changes and provide market analysis is unlike anything I've used before

Positive

2024-06-27

FX1490163582

FX1490163582

United Arab Emirates

RENHE has offered a refreshing trading experience. Their 24/7 customer support, fair trading terms, and swift withdrawals are a standout. The user-friendly MT5 platform provides plenty of trading options. I particularly love their Chinese Charts, blending Eastern philosophy with modern trading. I highly recommend trading with RENHE!

Positive

2024-05-15

RenHe Forex Broker has an overall rating of 1.46, Regulatory Index 0.00, License Index 0.00, Business Index 6.58, Software Index 4.00 Risk Control Index 0.00.