Henfin Broker Review

Henfin Review 1

Latest All(1) Exposure(1)

Exposure

Unable to withdraw

In this May, I was pulled into a stock group, in which teacher gave some stock recommendations. I also bought some stocks recommended and profited a little. I trusted him gradually. Sometimes I listened the livestreaming as well. Then he advised us to trade digital currency since the stock market was volatile. We trusted him a lot in wake of former profits. He recommended such products as OKB and CCMT of Jingui Exchange, claimed at least a 3 fold profits after they were listed. I gave OKB a shoot and profited a little. He also encouraged us to add fund, saying that a large deposit could increase the winning percentage. Many members sent their deposit screenshots in the group. I also joined and deposited all my savings these years, 500 thousand yuan, 300 thousand of which was used to buy OKB and CCMT. Since under finance crunch, I withdrew the 20 thousand, but faced a series of problems. The teacher and the platform kept holding off, asking me to deposit all fund. At that time, I didn’t feel it was a legit platform. As card-to-card transfer, why the withdrawal is so difficult?

龙天锋法务先锋

2020-06-29

Henfin 2025 Review: Everything You Need to Know

　　In this comprehensive review of Henfin, we delve into the overall performance and reputation of this forex broker as of 2025. While Henfin has garnered a mixed reputation, with some users reporting positive experiences, others have raised concerns about withdrawal difficulties and customer service. This review will highlight key features, strengths, and weaknesses based on current user feedback and expert analysis.

　　Note: It is important to recognize that Henfin operates under different regulatory frameworks depending on the region, which can affect user experience and protections. This review aims for fairness and accuracy by synthesizing information from multiple sources.

Ratings Overview

Category	Rating (out of 10)
Account Conditions	6.5
Tools and Resources	5.8
Customer Service and Support	5.0
Trading Setup (Experience)	6.0
Trust Level	6.5
User Experience	5.5

　　How We Rate Brokers: Ratings are based on user feedback, expert opinions, and available data regarding their services.

Broker Overview

　　Henfin, established in 2017, is a Hong Kong-based forex broker regulated by the Chinese Gold & Silver Exchange Society (CGSE). The broker primarily focuses on forex and CFD trading, offering a variety of trading instruments, including commodities and indices. Notably, Henfin does not support popular trading platforms like MetaTrader 4 or 5, opting instead for its proprietary Silverlight trading platform.

Detailed Breakdown

　　Regulated Geographical Areas: Henfin is primarily regulated in Hong Kong, which provides a certain level of oversight. However, it is crucial to note that the regulatory environment in Hong Kong may not be as stringent as in other jurisdictions, such as the FCA in the UK or the SEC in the US.
　　Deposit/Withdrawal Currencies: The broker supports several deposit and withdrawal methods, including bank transfers and checks. However, some users have reported difficulties in withdrawing funds, raising concerns about the broker's reliability in this area.
　　Minimum Deposit: The minimum deposit requirement for opening an account with Henfin is not clearly stated across all sources. However, it is essential for potential clients to inquire directly with the broker for the most accurate information.
　　Bonuses/Promotions: There is limited information regarding bonus offers or promotions provided by Henfin. Prospective traders should check the broker's website or contact customer support for the latest promotions.
　　Tradable Asset Classes: Henfin offers a range of tradable assets, including forex pairs, CFDs, commodities, and indices. This diversity allows traders to explore various markets.
　　Costs (Spreads, Fees, Commissions): The average spread offered by Henfin is rated at 5.8, which is relatively competitive. However, users should be aware of any hidden fees that may apply.
　　Leverage: The leverage options available at Henfin are not extensively detailed in the sources reviewed. Traders should verify leverage limits directly with the broker.
　　Allowed Trading Platforms: Henfin does not support widely-used trading platforms like MT4 or MT5, which may be a drawback for traders accustomed to these platforms.
　　Restricted Regions: There is no specific information regarding regions where Henfin does not operate. Traders should confirm this with the broker to avoid potential issues.
　　Available Customer Service Languages: Henfin provides customer support primarily in English, which may limit accessibility for non-English speaking clients.

Ratings Recap

Category	Rating (out of 10)	Reasoning
Account Conditions	6.5	Reasonable account conditions but lacks clarity on minimum deposit.
Tools and Resources	5.8	Limited tools; absence of popular platforms like MT4/MT5.
Customer Service and Support	5.0	Mixed reviews regarding responsiveness and effectiveness.
Trading Setup (Experience)	6.0	Adequate trading experience, but withdrawal issues reported.
Trust Level	6.5	Regulated by CGSE, but mixed user feedback raises concerns.
User Experience	5.5	Varied experiences; some positive, but withdrawal complaints are common.

Detailed Breakdown of Ratings

　　Account Conditions: Henfin offers reasonable account conditions, but the lack of clarity regarding minimum deposit requirements can be a drawback for new traders. Some users have expressed satisfaction with the overall account management experience, but others have noted the need for clearer guidelines.
　　Tools and Resources: The trading tools and resources available at Henfin are somewhat limited. The absence of popular trading platforms like MT4 and MT5 may deter traders who prefer these widely recognized systems. The proprietary Silverlight platform may not meet the expectations of all users.
　　Customer Service and Support: Customer service at Henfin has received mixed reviews. While some users report satisfactory experiences, others have faced challenges, particularly regarding withdrawal inquiries. A more robust customer support system could enhance overall user satisfaction.
　　Trading Setup (Experience): The trading experience at Henfin is generally adequate, with users able to access various trading instruments. However, the reported difficulties in withdrawing funds raise concerns about the overall trading environment.
　　Trust Level: Henfin is regulated by the CGSE, which adds a layer of trustworthiness. However, the mixed feedback from users regarding withdrawal issues and customer service suggests that traders should exercise caution.
　　User Experience: Overall user experiences with Henfin vary significantly. While some traders have had positive interactions, the prevalence of withdrawal complaints indicates that potential clients should approach with caution.

　　In conclusion, the Henfin review highlights both the strengths and weaknesses of this broker. While it offers a variety of trading options and is regulated, concerns regarding customer service and withdrawal processes warrant careful consideration. Potential users should conduct thorough research and weigh their options before committing to this broker.