Score
Renhe
Bahamas|5-10 years| http://www.renhefs.com/
Website
Rating Index
Contact
Licenses
Licensed Institution：Renhe Financial Services Limited
License No.：SIA-F211
Single Core
1G
40G
1M*ADSL
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
Basic information
Bahamas
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Website
renhefs.com
Server Location
United States
Website Domain Name
renhefs.com
Server IP
162.241.24.155
Genealogy
VIP is not activated.Company Summary
Note: Renhe's official website: https://www.renhefs.com/ is currently inaccessible normally.
| Renhe Review Summary | |
| Founded | 2019 |
| Registered Country/Region | Bahamas |
| Regulation | Offshore Regulated by SCB |
| Market Instruments | Forex, Metals, Indices, Commodities, Cryptocurrency |
| Demo Account | ❌ |
| Leverage | Up to 1:100 |
| Spread | / |
| Trading Platforms | MT4 |
| Minimum Deposit | / |
| Customer Support | Contact form |
| Phone: +1 242 603 2160, +1 2426032161 | |
| Email: info@renhetrade.com | |
| Address: Sea Sky Lane, Sandyport, Nassau, Bahamas. 201 Church Street, Sandyport, Nassau, New Providence | |
| QQ: 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 Cons
| Pros | Cons |
| Diverse customer support channels | Non-functional website |
| MT4 platform | Offshore regulation |
| A wide range of products | Limited info on accounts |
| Limited info on trading fees | |
| No demo accounts |
Is Renhe Legit?
| Regulatory Status | Offshore Regulated |
| Regulated by | SCB |
| Licensed Institution | Renhe Financial Services Limited |
| Licensed Type | Retail Forex License |
| Licensed Number | SIA-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.
Keywords
- 5-10 years
- Regulated in Bahamas
- Retail Forex License
- Suspicious Scope of Business
- High potential risk
- Offshore Regulated
Review 4
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FX4018822551
Hong Kong
Since March this year, the account has not been withdrawn. There is no reply when contacting the owner of the platform, and the operation manager of the platform is ignored. The attitude is still arrogant! But the platform is still able to deposit! Still doing promotion!
Exposure
2022-07-16
FX7259608494
Hong Kong
Renhe is unable to withdraw. The account is still trading since March, but I cannot withdraw neither profit nor principle
Exposure
2022-06-19
FX3027027790
Hong Kong
MT4 account: 90093580 Principal 4000USD equivalent to RMB 25736 At the end of January, I applied for a withdrawal. The background shows that it has been reviewed, but the funds have not been received. At that time, it was said that the withdrawal channel was on holiday at the end of the year. After the year, I said that I would investigate the account. My account was still in a loss. I also investigated the amount of money [3f]. The principal was also issued, and then I urged the withdrawal many times, but it still did not arrive. On February 24 The number said that the platform added new shareholders. To open an office in Qingdao, you need to reorganize the finances. It takes 5 to 10 days to give out the money. Until March 3, the message will not be replied, and the WeChat will be blocked on March 9. The platform does not reply to the email sent by the platform. Is it because the platform has run away? [3f] Or the owner of the platform has been arrested [3f] Now I know the address of the Beijing office of the platform, and it is active in Qingdao, Xiamen, Beijing.
Exposure
2022-03-09
桂雄￥
United States
When choosing a broker, I would look it up on wikifx. Like this company Renhe, I found on wikifx that it does not have an office in the Bahamas, and has already had feedback from victims.
Neutral
2022-12-13