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Yun Shang Hui Xin Limited

United States|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

https://yunshangvip.com/en

Website

Rating Index

Contact

+1 3106540637
support@yunshangvip.com
https://yunshangvip.com/en

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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1G

40G

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Contact number

English

+1 3106540637

Broker Information

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Company Name

Yun Shang Hui Xin Limited

Company Abbreviation

Yun Shang Hui Xin Limited

Platform registered country and region

United States

Company website
WhatsApp
  • 13106540637

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Warning: Low score, please stay away! 4
Previous Detection : 2024-04-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0556798) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

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Yun Shang Hui Xin Limited · Company Summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Yun Shang Hui Xin Limited Review Summary in 10 Points
Founded 2019
Registered Country/Region United States
Regulation Regulated by FinECN
Market Instruments Forex, Indices, Metal, Stock Indexes, Crude Oil, Cryptocurrency
Demo Account Not Available
Leverage Up to 1:100
EUR/USD Spread Not specified
Trading Platforms MT5
Minimum Deposit USD 100
Customer Support Email, WhatsApp, Telegram

What is Yun Shang Hui Xin Limited?

Yun Shang Hui Xin Limited is a global brokerage firm based in the United States. It provides traders with access to market instruments including Forex, Indices, Metal, Stock Indexes, Crude Oil, Cryptocurrency. It is currently regulated by FinECN (Financial Crimes Enforcement Network,License No.: 31000219607090).

Yun Shang Hui Xin Limited's home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• Regulated • Limited educational resources
• Multiple languages support • Limited info on spreads and commissions
•Wide range of trading instruments across multiple asset classes • Limited info on accounts
• MT5 platform • No info on deposit/ withdrawal
• 24 hours customer service support
• Acceptable minimum deposit amount

Yun Shang Hui Xin Limited Alternative Brokers

There are many alternative brokers to Yun Shang Hui Xin Limited depending on the specific needs and preferences of the trader. Some popular options include:

  • Valutrades- Valutrades offers a reliable and user-friendly trading experience, with a range of account types and competitive trading conditions to suit different traders' needs.

  • eToro - offers a user-friendly interface and a wide range of trading instruments, a good choice for beginners and those interested in social trading.

  • TigerWit- TigerWit offers a unique social trading platform that allows traders to follow and copy the trades of experienced traders, making it an excellent option for those looking for a simplified approach to trading.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is Yun Shang Hui Xin Limited Safe or Scam?

When considering the safety of a brokerage like Yun Shang Hui Xin Limited or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: It is regulated by FinECN (Financial Crimes Enforcement Network,License No.:

31000219607090) which makes it appears to be a reliable and reputable online broker. But it is important to note that experience alone does not guarantee the legitimacy or security of a brokerage firm.

FinECN license
  • User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the brokerage. Look for reviews on reputable websites and forums.

  • Security measures: Yun Shang Hui Xin prioritizes the security of client funds by implementing the separation of customer funds, ensuring that traders' deposits are held in segregated accounts separate from the company's operational funds, thereby providing an additional layer of protection and safeguarding clients' investments.

Ultimately, the decision of whether or not to trade with Yun Shang Hui Xin Limited is a personal one. You should weigh the risks and benefits carefully before making a decision.

Market Instruments

Yun Shang Hui Xin Limited provides a diverse range of market instruments for traders to engage in.

Forex trading is available, allowing traders to participate in the foreign exchange market and trade currency pairs. In addition, traders can access a variety of indices, enabling them to speculate on the performance of a specific group of stocks representing a particular market or sector. Precious metals, such as gold and silver, are also offered as tradable assets. Traders can also participate in trading stock indexes, providing exposure to the overall performance of a specific stock market. Crude oil, a highly traded commodity, is available for those interested in trading energy markets. Lastly, Yun Shang Hui Xin Limited recognizes the growing popularity of cryptocurrencies and offers trading opportunities in this market as well. With such a diverse range of market instruments, traders can explore different asset classes and implement various trading strategies to capitalize on market opportunities.

Market Instruments

Leverage

Yun Shang Hui Xin Limited brokerage provides traders with maximum leverages of up to 1:100. Leverage allows traders to control larger positions in the market with a smaller amount of invested capital. With a leverage ratio of 1:100, traders can amplify their trading potential by effectively multiplying their trading capital. It's important to note that while leverage can increase potential profits, it also amplifies potential losses, as traders are exposed to higher market risk. Therefore, it is crucial for traders to exercise prudent risk management practices, carefully consider their trading strategies, and be aware of the potential implications of using leverage.

Trading Platforms

Yun Shang Hui Xin Limited provides traders with the widely acclaimed MetaTrader 5 (MT5) trading platform, available on PC, iOS, and Android operating systems. This multi-platform support ensures that traders can access their accounts and trade the markets seamlessly across various devices. Whether using a Windows-based computer, an iPhone, or an Android smartphone, traders can enjoy the comprehensive features of the MT5 platform, including advanced charting tools, a wide range of technical indicators, and efficient order execution. With MT5 on Windows, iOS, and Android, traders have the flexibility to monitor the markets, analyze price movements, execute trades, and manage their portfolios with ease, regardless of their preferred device. The availability of the MT5 platform on multiple platforms ensures that traders can stay connected to the markets and make informed trading decisions at their convenience, enhancing their overall trading experience.

MT5

Overall, Yun Shang Hui Xin Limiteds trading platform is well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker Trading Platforms
Yun Shang Hui Xin Limited MT5
Valutrades MT4/5, ValuTrader
eToro eToro Platform
TigerWit TigerWit Platform, MT4

Trading Tools

To assist traders in making well-informed trading decisions, Yun Shang Hui Xin Limited provides an economic calendar as a valuable trading tool. The economic calendar provides real-time updates on key economic indicators, such as GDP, inflation rates, central bank decisions, and employment data. By accessing the economic calendar, traders can stay abreast of upcoming events and their expected market impact. This information enables traders to anticipate market movements, adjust their trading strategies accordingly, and take advantage of potential trading opportunities. The economic calendar can serve as a reliable source of economic news, empowering traders with the knowledge necessary to navigate the markets effectively.

economic calendar

Customer Service

Yun Shang Hui Xin Limited provides multiple customer service options to assist its clients in different areas. Customers can reach out to Yun Shang Hui Xin Limited through various channels to address their queries and concerns as below:

Telegram:@Yun_Shang_Hui_Xin

WhatsApp:+13106540637

Email:support@yunshangvip.com

Pros Cons
• Accessibility
  • Quality and Expertise
• Personalized Support
  • No phone contact
• Multiple customer support channels

Note: These pros and cons are subjective and may vary depending on the individual's experience with Yun Shang Hui Xin Limiteds customer service.

Conclusion

According to available information, Yun Shang Hui Xin Limited is a FinECN-regulated United states -based brokerage firm. It provides traders with access to market instruments including Forex, Indices, Metal, Stock Indexes, Crude Oil, Cryptocurrency. Even though the regulation status makes the broker appear reliable, it is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from Yun Shang Hui Xin Limited before making any investment decisions.

Frequently Asked Questions (FAQs)

Q 1: Is Yun Shang Hui Xin Limited regulated?
A 1: Yes. The broker is currently regulated by the FinECN ( Financial Crimes Enforcement Network).
Q 2: Does Yun Shang Hui Xin Limited offer the industry leading MT4 & MT5?
A 2: Yes, Yun Shang Hui Xin Limited offers MT5 on PC, iOS and Android devices.
Q 3: Is Yun Shang Hui Xin Limited a good broker for beginners?
A3: Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT5 platform.

Q 4: What is the minimum deposit for Yun Shang Hui Xin Limited?
A 4: The minimum initial deposit to open an account is USD 100.

User Reviews

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FX1524624512
more than one year
The highlight of my trading experience has been the withdrawal process. It's fast and without any hidden fees. Their customer service is something worth experiencing. The team is responsive, knowledgeable and really puts in the work when it comes to addressing customer queries. This efficient customer care was truly manifested during my account opening process. It was this precise guidance that made the somewhat complex procedure seamless.
2023-12-01 18:21
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FX1524183292
more than one year
Opening an account was a surprisingly smooth journey, thanks to their streamlined procedures. From providing the necessary documentation to setting up my trading platform, every step was guided by their easy-to-follow instructions. Yun Shang Hui Xin's withdrawal process has been generally efficient and, to their credit, transparent without any frills. However, there's always room for improvement. What truly stands out for me is their customer service - a friendly, responsive team available to resolve any queries or offer guidance. I remember this one time when I was puzzled over a margin call scenario; their representative not only quickly clarified the matter but took time to explain how I could avoid such situations in the future. A refreshing experience!
2023-11-30 18:17
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