Renhe Financial Services Limited, established on March 12, 2018, is a forex broker registered in Hong Kong, primarily offering financial trading services in forex, metals, indices, commodities, and contracts for difference (CFDs) to investors. The company is headquartered in Dubai. The broker's official website primarily supports English services and does not provide services to jurisdictions where it may violate local laws or regulations, including but not limited to Iran, North Korea, Singapore, Hong Kong, and the United States.
Corporate Background and Regulatory Status:
The publicly available information on its official website indicates that Renhe Financial Services Limited's registered entity in Hong Kong is "Ren He Technology (HongKong) Limited," with the Chinese name. The company's registered address is RM A, 12/F, Zhejiang Industrial Building, 300 Lockhart Road, Wan Chai, Hong Kong, with the enterprise registration number 2664810. The actual office address is V02, 681-Al Barsha South Fourth, Dubai, UAE.
Upon verification, the Hong Kong Companies Registry Integrated Companies Registry Information System (ICRIS) confirms the existence of Ren He Technology (HongKong) Limited with the registration number 2664810. However, the broker's website does not disclose its regulatory oversight, and Traderknows has not found information about this entity in mainstream regulatory bodies.
Additionally, the broker's website has three options for "REGULATIONS," "PRIVACY," and "LEGAL DOCUMENTS," but these links do not provide specific content and redirect to the homepage when clicked.
Account Opening:
In attempting to open an account, Traderknows found that clicking the registration button on Renhe Financial Services Limited's official website does not successfully redirect to the registration interface.
Account Types:
Renhe Financial Services Limited's official website does not disclose information about the types of trading accounts it offers. Key trading information, such as leverage, spreads, minimum deposit amounts, trading volume ranges, maximum position sizes, margin levels, stop-loss levels, and other essential details, is not publicly available.
Trading Platform:
Renhe Financial Services Limited provides users with the MT5 trading platform, but only the desktop version download link is provided. Additionally, the broker does not offer a demo account on the MT5 platform.
Deposits and Withdrawals:
The broker's website does not provide information about deposit and withdrawal methods, fees, processing times, or specific operational details.
Customer Support:
Users can contact Renhe Financial Services Limited's customer support through phone at +971042430274, email at [email protected], and the online contact form on its website.
Summary:
Traderknows cautions investors that the forex and CFD business operated by Renhe Financial Services Limited lacks effective oversight from official financial regulatory authorities. Additionally, crucial information such as account types, leverage, spreads, minimum deposit amounts, trading volume ranges, maximum position sizes, margin levels, stop-loss levels, etc., remains opaque. Traderknows advises investors to choose trading platforms with valid regulations and a good reputation to avoid unnecessary financial losses.
As of now, this broker has been marked as "suspected of fraud" on Traderknows.
