Renhe Forex Broker

Note: Renhe's official website: https://www.renhefs.com/ is currently inaccessible normally.Renhe Review SummaryFounded2019Registered Country/RegionBahamasRegulationOffshore Regulated by SCBMarket InstrumentsForex, Metals, Indices, Commodities, CryptocurrencyDemo Account❌LeverageUp to 1:100Spread/Trading PlatformsMT4Minimum Deposit/Customer SupportContact formPhone: +1 242 603 2160, +1 2426032161Email: info@renhetrade.comAddress: Sea Sky Lane, Sandyport, Nassau, Bahamas. 201 Church Street, Sandyport, Nassau, New ProvidenceQQ: 512595982 Based in Bahamas, Renhe is a financial company registered in 2019. It is offshore regulated by SCB and offers trading on Forex, Metals, Indices, Commodities, and Cryptocurrency via the MT4 platform.Pros and ConsPros Cons Diverse customer support channelsNon-functional websiteMT4 platformOffshore regulationA wide range of productsLimited info on accountsLimited info on trading feesNo demo accountsIs Renhe Legit?Regulatory Status Offshore Regulated Regulated by SCBLicensed Institution Renhe Financial Services LimitedLicensed TypeRetail Forex LicenseLicensed NumberSIA-F211 At present, Renhe holds an offshore license. It means the company is not completely regulated. Please pay high attention to the safety of your funds if you choose this broker.What Can I Trade on Renhe? On Renhe, you can trade with Forex, Metals, Indices, Commodities, and Cryptocurrency.Tradable Instruments Supported Forex✔CFDs❌Commodities✔Indices✔Cryptocurrencies✔Metals ✔ETFs❌Bonds❌Mutual Funds❌Leverage The maximum leverage is 1:100. Note that while leverage can increase potential profits, it also amplifies potential losses.Trading Platform Renhe provides MetaTrader 4 (MT4) platform, available on Windows, iOS, or Android devices. Traders can access MT4's advanced features, robust charting tools, and automated trading capabilities.