Renhe Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-23 16:21

Abstract：Based in Bahamas, Renhe is a financial company registered in 2019. It is offshore regulated by SCB and offers trading on Forex, Metals, Indices, Commodities, and Cryptocurrency via the MT4 platform.

　　Note: Renhe's official website: https://www.renhefs.com/ is currently inaccessible normally.

Renhe Review Summary
Founded	2019
Registered Country/Region	Bahamas
Regulation	Offshore Regulated by SCB
Market Instruments	Forex, Metals, Indices, Commodities, Cryptocurrency
Demo Account	❌
Leverage	Up to 1:100
Spread	/
Trading Platforms	MT4
Minimum Deposit	/
Customer Support	Contact form
	Phone: +1 242 603 2160, +1 2426032161
	Email: info@renhetrade.com
	Address: Sea Sky Lane, Sandyport, Nassau, Bahamas. 201 Church Street, Sandyport, Nassau, New Providence
	QQ: 512595982

　　Based in Bahamas, Renhe is a financial company registered in 2019. It is offshore regulated by SCB and offers trading on Forex, Metals, Indices, Commodities, and Cryptocurrency via the MT4 platform.

Pros and Cons

Pros	Cons
Diverse customer support channels	Non-functional website
MT4 platform	Offshore regulation
A wide range of products	Limited info on accounts
	Limited info on trading fees
	No demo accounts

Is Renhe Legit?

Regulatory Status	Offshore Regulated
Regulated by	SCB
Licensed Institution	Renhe Financial Services Limited
Licensed Type	Retail Forex License
Licensed Number	SIA-F211

　　At present, Renhe holds an offshore license. It means the company is not completely regulated. Please pay high attention to the safety of your funds if you choose this broker.

What Can I Trade on Renhe?

　　On Renhe, you can trade with Forex, Metals, Indices, Commodities, and Cryptocurrency.

Tradable Instruments	Supported
Forex	✔
CFDs	❌
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Metals	✔
ETFs	❌
Bonds	❌
Mutual Funds	❌

Leverage

　　The maximum leverage is 1:100. Note that while leverage can increase potential profits, it also amplifies potential losses.

Trading Platform

　　Renhe provides MetaTrader 4 (MT4) platform, available on Windows, iOS, or Android devices. Traders can access MT4's advanced features, robust charting tools, and automated trading capabilities.