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JUNCHENG Trade Limited

Operating status: SCAM

Website: http://www.junctrade.com/

Broker violations and abnormal records
  • Jun 21, 2022 BrokersView has reviewed that JUNCHENG Trade Limited is an Unregulated Forex Broker

    JUNCHENG Trade Limited claims to be authorized and regulated by the US National Futures Association (NFA) under an NFA ID: 0547704. However, when we searched in NFA, we found this broker is not under valid regulation by NFA since it is not an approved member of this regulator.

    Besides, this broker shows its office address is in Hong Kong. So we did searching in the Hong Kong Securities And Futures Commission (HK SFC) but found no matching results for this broker. That means JUNCHENG Trade Limited is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.


    JUNCHENG Trade Limited claims to be authorized and regulated by the US National Futures Association (NFA) under an NFA ID: 0547704. However, when we searched in NFA, we found this broker is not under valid regulation by NFA since it is not an approved member of this regulator.Besides, this broker shows its office address is in Hong Kong. So we did searching in the Hong Kong Securities And Futures Commission (HK SFC) but found no matching results for this broker. That means JUNCHENG Trade Limited is not overseen by any regulators. Investors' funds in this broker are 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.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.