On March 19, 2024, the Cyprus Securities and Exchange Commission (CySEC) added Hengran Limited to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=bc404704-b901-4ff7-bb4b-9ce3d6d81b4e

Hengran Limited claims to be regulated under two jurisdictions, disclosing licenses numbers from the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA). 

However, the two licenses are linked to COLMEX PRO LIMITED, a company domiciled in Cyprus. According to the records, Hengran Limited is unrelated to COLMEX PRO LIMITED. The CySEC has issued a warning against COLMEX PRO LIMITED, clarifying that Hengran Limited (hengranltd.com) does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities. This means Hengran Limited is misappropriating licenses of another entity to deceive investors.

Hengran Limited also asserts to be a member of the Investment Industry Regulatory Organization of Canada (currently known as CIRO). But our search for the company in the authority's register doesn't return any matching records to substantiate such assertion.

While Hengran Limited purports to be located in the US, there are no indications that it complies with the US law registering as a member of the National Futures Association (NFA).

In essence, Hengran Limited is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

Hengran Limited appears to be a scam.

BrokersView found that the domain "https://hengranltd.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.