Is Cheonan International Limited a legit, licensed trading company ? https://cheonan.uk/
By Anonymous, from France,
November 20, 2020 at 06:31 PM
Hello I have been contacted to use Cheonan International Limited (cheonan.uk) for trading activities. Is this company legit ? licensed ? thank you
Answer: Hi Anonymous,
Cheonan International Limited does not seem to be a regulated broker. The company does not provide any contact or regulatory details, therefore it is obviously cannot be trusted. Also, according to the website Cheonan International Limited has offices in Hong Kong, Macao, Taiwan, Southeast Asia, Europe and the United States.
We would recommend to stay away from this broker as there is no proof of the regulation by any reputable authority. If you are interested in investing with Forex, you can check our list of well-regulated brokers.
Cheonan is a fake company they don’t have a physical address as well as are not regulated.
I have lost more than 325k or my money with them please don’t trade with them or open an account with them.
Their main operation is via Asian dating site they will entice with a pretty woman who are very successful by trading in forex.
She will tell you to open a demo account with them and will provide you tip to make profit on regular basis.
You wil see your money grow like crazy.
The she will ask to open a real account and will provide you tip to trade, and your account will be doubled in few months.
But you won’t be able to withdraw any money from the account and they will stop answering and responding and your account will be closed.