HengryFX-Overview of Minimum Deposit, Leverage & Spreads

Note: Hengry's official website: https://www.hengry-fx.com/ is currently inaccessible normally.

Hengry Information

Hengry Global Capital Limited was founded in 2010, is a forex and CFD broker registered and based in Canada. However, Hengry is not subject to any regulation.

Pros and Cons

Is Hengry Legit?

No. Hengry has no valid regulations currently. Please be aware of the risk!

What Can I Trade on Hengry?

Tradable financial instruments offered by Hengry include forex currency pairs, metals, Futures, CFDs and cryptocurrencies.

Account Type

Hengry offers five types of accounts – Standard, Premium, Prime, VIP and SUPER VIP.

However, it does not reveal the minimum deposit requirement to open an account.

Leverage

The default leverage at Hengry is said to be 1:100.

However, while testing the MT5 platform, the leverage as high as 1:1000.

Inexperienced traders are not advised to use too high leverage, as leverage can amplify gains as well as losses.

Spread

The average spread for the EUR/USD pair is 1.3 pips.

Trading Platform

Hengry offers its trader MT5 trading platform, available in PC, IPhone, and Android.

Whether you are an expert or a novice, the MetaTrader5 platform is well suited to your level and trading strategy. The platform provides advanced technical analysis tools, automated trading functions (EA) and mobile applications, and is used by millions of traders around the world.

Deposit and Withdrawal

The broker accepts payments done via bank wire, e-wallets, credit/debit cards, Bitcoin, Tether and Etherium. No minimum withdrawal amount defined and no fees or charges specified.