DingHui-Some Important Details about This Broker

Since DingHui forexs official website (https://dinghuiforex.com/) cannot be accessed for now, we could only piece together the rough piece of this brokerage firm by gathering some relevant information from other websites.

General Information

Registered in the United States, DingHui Forex giving their clients access to a series of Forex and CFDs. DingHui Forex says it is a broker registered in the United States and they state that they are authorized and regulated by the National Futures Association (NFA) of the United States. This broker even offered some fake-looking certificate, however, when we check it on the FCA database, we found that this broker is not, in fact, an NFA member.

Here WikiFX has also given this broker a very low score of 1.17/10 given the fact that this broker is not subject to any regulation.

Trading Platform

DingHui Forex provides a download link for the industry leading MT5 trading platform. We were indeed able to access a functional MT5, and here is the MT5 screenshot:

Spreads

The spreads got on the MT5 terminal were around 0.0 pips to 0.4 pips, but such tight spreads are highly implausible, unless they charge additional commissions. But they have not mentioned anything or of the sort.

Leverage

When it comes to leverage, DingHui Forex is said to provides its customers with access to 1:400. This proves once again that this broker could not be licensed in the US.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Deposits & Withdrawals

Dinghui Forex did not allow us to log in and make a deposit. We cannot say what payment methods this broker supports. Dont deposit with shady brokers as you will certainly end up losing your hard-earned money.

Customer Support

Contacting Dinghui Forex is not an easy thing, as only an email address is provided. They cannot be reached through phone call.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

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

Pros & Cons

Frequently Asked Questions

Is Dinghui Forex regulated by the NFA in the U.S.？

No, Dinghui Forex is not regulated by NFA in the U.S.

What is the maximum trading leverage offered by Dinghui Forex？

The maximum trading leverage offered by Dinghui Forex is up to 1:400.

What spreads can I expect from Dinghui Forex？

The spreads got on the MT5 terminal were around 0.0 pips to 0.4 pips.