Reported Website: https://account.hehuanfx.com/login
HeHuan Global states it is a trusted trading partner broker while presenting nothing about its regulation. The lack of such important information may be a distinct characteristic of unlicensed brokers, as regulated brokers always present their accreditation and licenses in a prominent position. It is a red flag.
HeHuan Global claims it is operated by HeHan Global Limited, a company registered in Hongkong. Since we didn’t find any regulatory information about this broker from Hongkong Securities and Futures Commission (SFC), the broker is not authorized to provide financial services and products in Hongkong.
HeHuan Global also claims it is a multi-asset British forex broker. We searched out the United Kingdom Financial Conduct Authority (FCA), and no matching results were found. So this broker is not been authorised to carry out financial services and products in the UK.
Not being overseen by any regulator, letting this broker hold or control customers’ money is unsafe and the money cannot be protected by any law. Therefore, it is a scam.
