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Cherry Finance

Operating status: SCAM

Website: https://www.cherryforexco.com/

Broker violations and abnormal records
  • Apr 10, 2022 BrokersView has reviewed that Cherry Finance is an Unregulated Forex Broker

    Cherry Finance claims it was founded in Hong Kong in 2018. However, checking its domain, we found it was created on 22 Sep 2021. So how could it start its business in 2018? It is a red flag here. What's more, we did not find any match results to Cherry Finance in the Hong Kong Securities and Futures Commission (HK SFC). Apparently, Cherry Finance is not regulated by any authorities. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

    Cherry Finance claims it was founded in Hong Kong in 2018. However, checking its domain, we found it was created on 22 Sep 2021. So how could it start its business in 2018? It is a red flag here. What's more, we did not find any match results to Cherry Finance in the Hong Kong Securities and Futures Commission (HK SFC). Apparently, Cherry Finance is not regulated by any authorities. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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