Reported Website: https://www.cherryforexco.com/
Cherry Finance claims it was founded in Hong Kong in 2018. However, checking its domain, we found it was created on 22 Sep 2021. So how could it start its business in 2018? It is a red flag here. What’s more, we did not find any match results to Cherry Finance in the Hong Kong Securities and Futures Commission (HK SFC). Apparently, Cherry Finance is not regulated by any authorities. That means investors’ money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
