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RONGHUI -Some important Details about This Broker

WikiFX | 2022-09-16 19:08

Abstract：Registered in the United Kingdom, RONGHUI is an online forex broker offering a series of trading instruments, including currency pairs, commodities, index, precious metals.

General Information

Registered in the United Kingdom, RONGHUI is an online forex broker offering a series of trading instruments, including currency pairs, commodities, index, precious metals.

RONGHUI is not authorized or regulated by any regulatory authorities, please be aware of the risk.

Market Instruments

offers its clients access to four classes of trading instruments, including foreign Exchange, Precious Metals, Oil and Indices, all available through this brokerage platform.

Account Types

RONGHUI does not disclose what types of trading accounts it offers, neither the minimum investment amount is mentioned.

Leverage

When it comes to leverage, RONGHUI permits traders to use leverage of up to 1:400, which is significantly higher than the levels regarded appropriate by many regulators.

As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.

Spreads

Rong Hui hypes it offers extremely competitive spreads, as low as 0.0 pips.

Trading Platform

Rong Hui provides its clients access to the leading MT5 trading platform, one of the most popular trading platforms around the world, which can be accessed on any device, iPhone, Android, and PC. Some features and functionalities of the MT5 trading platform include user-friendly interface, high-customized multiple technical indicators, and robust charting tools, free EA hosting capabilities.

Customer Support

Traders can reach out to Rong Hui about any questions or concerns they may have about their accounts or their trading through the following methods:

Email: Admin@ronghuiforex.com

Other more direct contact channels, like phone support, Skype, Whatsapp, are not available.

Trading Hour

Winter Time: Monday 7 a.m.-Saturday 5.a. m. Summer time: Monday 6 a.m.-Saturday 4.a.m.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

Forex trading Forex Broker

Related broker

No Regulation

RONGHUI

Company name：RONGHUI GROUP CO., LTD.

Score

1.45

Website：https://ronghuimarket.com/en/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.45

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