The Official Website Of Cherry Finance Cannot Be Accessed Normally At Present. It Seems That The Company Has Gone Out Of Business. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-04-11 We Have Confirmed After Review That Cherry Finance Is An Unregulated Foreign Exchange Dealer
Cherry Finance Claims To Be Established In Hong Kong In 2018. But When We Checked Its Domain Name, We Found That The Website Was Actually Created On September 22, 2021. So How Could It Possibly Start Business In 2018? This Is A Red Flag. In Addition, We Did Not Find Any Results Matching Cherry Finance In The Hong Kong Securities And Futures Commission (HK SFC). Apparently, Cherry Finance Is Not Regulated By Any Regulatory Body. This Means That Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Law. It Is A Fake Trader.
Since We Cannot Access The Broker's Website At This Time, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That Cherry Finance Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Cherry Finance As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses. If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
