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Abstract:HeHuan is an HK-based online forex broker, this broker currently has been accused by one investor of scams. This victim lost more than 22,000 AU dollars after investing in this broker. In this article, based on the evidence gathered by WikiFX, we will expose the process of how HeHuan scammed the victim’s money.
HeHuan is an HK-based online forex broker, this broker currently has been accused by one investor of scams. This victim lost more than 22,000 AU dollars after investing in this broker. Protection In this article, based on the evidence gathered by WikiFX, we will expose the process of how HeHuan scammed the victims money.
About WikiFX
WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.
About HeHuan
HeHuan, also called HeHuan Global Limited, is a multi-award-winning, multi-asset British forex CFD broker, where customers around the world can trade forex, indices, and various commodities with high-quality trading conditions. HeHuan Global Limited is committed to building long-term relationships with clients. We operate with credibility, transparency, and quality trader support. It is these philosophies and principles that make us a favorite and trusted partner of traders around the world.
Trading Platform of HeHuan
According to its website, this broker uses MT5 as its main trading platform. However, recently WikiFX received a complaint that HeHuan uses MT5 as a tool to manipulate clients trading processes.
Regulation: Is HeHuan legit?
HeHuan is not legit. It does not hold a legitimate license. In addition, WikiFX has given this broker a very low rating of 1.37/10. Investing in an unregulated broker is more likely to cause you a heavy financial loss. Thus, once something goes wrong, no one can hold fraudsters accountable.
The complaint from a victim
Recently, WikiFX received a complaint from a trader who is from Australia. This trader told WikiFX about the scam behavior of HeHuan. He lost about 22,000 UA dollars by investing in HeHuan. The victim accuses this broker of manipulating the trading platform.
The victim of this case told WikiFX about the situation he met while investing in HeHuan. This is real-name reporting. And above are the victim‘s driver’s license and passport.
On WikiFX, we can see that the trader from Australia complained that this broker is using a fake trading app to manipulate the trading process and take away clients money fraudulently. He claimed that this brokers support team did not give this trader a proper response for the scam behavior.
The victims asked WikiFX for help. He told WikiFX that he lost control of his funds after trading on the MT5 platform offered by HeHuan.
After the scam becomes so obvious, Alice Meghan, the agent of this broker stops responding to the client.
(Alice Meghan)
According to the above, the victim also told WikiFX that HeHuan manipulated and eventually closed the MT5 trading platform, which causes a huge financial loss to this victim.
After all, this victim lost about 22,000 AU dollars because of this broker.
Conclusion:
We believe that HeHuan is getting involved in a scam. It manipulated the trading platform and took clients‘ money away fraudulently, which shows us how reliable this broker really is. Protecting traders’ legitimate rights and interests are always the primary concern of WikiFX. The reason why WikiFX exposed this case to the public is to remind all traders of the potential risks. After all, what happened to this broker could happen to any of us. All traders should be vigilant when investing in a broker.
WikiFX is actively reaching out to the victim and other traders hoping to find more evidence to help him resolve the problem. Please stay tuned for more information.
WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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