HengryFX-Overview of Minimum Deposit, Leverage & Spreads

Hengry | 2024-11-15 18:14

Abstract：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.

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

HengryReview Summary
Founded	2010
Registered Country/Region	Canada
Regulation	No regulation
Market Instruments	Forex currency pairs, metals, futures, CFDs and cryptocurrencies
Demo Account	❌
Leverage	Up to 1:1000
EUR/USD Spread	Average 1.3 pips
Trading Platform	MT5
Min Deposit	/
Customer Support	Live chat
	Tel: +1 (778) 561-2160
	WhatsApp: WhatsApp: +1 (778) 601-5944
	Email: cs@hengryfx.com, cs@hengry-fx.com
	Social media: Instagram, Twitter, Youtube and Twitter
	Address: ROOM 32, 11/F, LEE KAINDUSTRIAL BUILDING, 8 NG FONG STREET, SAN PO KONG, KL HONG KONG

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

Pros	Cons
Various trading products	No regulation
MT5 platform	Inaccessible website
	No demo accounts
	No info on minimum deposit

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.

Tradable Instruments	Supported
Forex currency pairs	✔
CFDs	✔
Metals	✔
Cryptocurrencies	✔
Futures	✔
Commodities	❌
Indices	❌
Stocks	❌

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.

Trading Platform	Supported	Available Devices	Suitable for
MT4	❌	/	Beginners
MT5	✔	PC, IPhone, and Android/	Experienced traders

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.

Leverage Broker Currency Pair Clearing Dealer

Related broker

No Regulation

Hengry

Company name：Hengry Global Capital Limited.

Score

1.45

Website：https://www.hengry-fx.com/

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

Score

1.45

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