The Official Website Of JUNCHENG Trade Limited Cannot Be Accessed Normally At Present. The Company Seems To Have Gone Out Of Business. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-06-22 We Have Confirmed After Review That JUNCHENG Trade Limited Is An Unregulated Foreign Exchange Dealer
JUNCHENG Trade Limited Claims To Be Authorized And Regulated By The National Futures Association (NFA) Of The United States, NFA ID: 0547704. However, When We Looked Up Its Regulatory Information In The NFA, We Found That The Broker Is Not A Registered Member Of The Regulator And Is Not Effectively Regulated By The NFA.
In Addition, The Broker Shows That Its Company Office Address Is Located In Hong Kong. Therefore, But We Did Not Find A Match With The Broker In The Hong Kong Securities And Futures Commission (HK SFC). This Means That JUNCHENG Trade Limited Is Not Regulated By Any Regulatory Authority. The Funds Invested By Investors In This Broker Are Not Safe And Cannot Be Protected By Any Law. It Is A Fake Trader.
Since The Broker's Website Cannot Be Accessed Now, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That JUNCHENG Trade Limited Does Not Currently Have Any Valid Licenses.
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: JUNCHENG Trade Limited As A, Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Supervision 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 When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
