Introduction
Cang Forex 88 is an online broker that offers a wide range of forex pairs and CFDs for trading. The company is based in Viet Nam and was founded in 2020. Cang Forex 88 is owned by Cang Inc, which is a registered company in the Cayman Islands. The company has a very strong presence in Asia and its website is available in Chinese, English, Vietnamese, and Japanese. Cang Forex 88 is regulated by the Viet Nam International Financial Centre (VIFSA), which is a regulatory body that oversees financial services companies in Viet Nam. The company is also registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), which is a Canadian government organization that tracks financial transactions to prevent money laundering and terrorist financing. Cang Forex 88 offers a demo account as well as live accounts. The minimum deposit for a live account is $500 and the leverage is 1:100. Cang Forex 88 does not charge any commissions on trades.
What is Cang Forex 88?
Cang Forex 88 is a foreign exchange trading platform that offers its users the ability to trade in various currencies. The company claims to offer its clients the best rates and conditions in the market, as well as providing a secure and user-friendly platform. However, there are some concerns about the legitimacy of Cang Forex 88, as there are no customer reviews or contact information available on their website.
How Does Cang Forex 88 Work?
Cang Forex 88 is an online foreign exchange trading platform that allows users to trade currencies. The platform is designed for beginner and experienced traders alike, and provides a user-friendly interface with a variety of features.
Some of the key features of Cang Forex 88 include:
– A demo account that allows users to practice trading without risking real money
– A live account that gives users access to the real foreign exchange market
– A variety of tools and resources to help users make informed trades
– A customer support team that is available 24/7 to answer any questions or concerns
To get started, users simply create an account on the Cang Forex 88 website and deposit funds into their account. Once they have done so, they can begin trading immediately.
The Pros and Cons of Cang Forex 88
When it comes to online forex trading, there are a lot of options available to traders. One such option is Cang Forex 88. This company offers a variety of services that can be helpful to traders, but there are also some potential downsides that should be considered before signing up.
Let’s take a look at some of the pros and cons of Cang Forex 88:
Pros:
1) Cang Forex 88 offers a variety of services that can be helpful to traders, including signal alerts, market analysis, and more.
2) The company has been in business since 2011 and has a good reputation in the industry.
3) Customer support is available 24/7 through live chat, email, and telephone.
Cons:
1) Some of the services offered by Cang Forex 88 come with additional fees. For example, signal alerts cost $99 per month.
2) There have been some complaints from customers about difficulty withdrawing funds from their account.
3) There is no demo account available, so new traders will have to start with a real money account.
Is Cang Forex 88 Legit or a Scam?
If you’re looking for a reliable and legitimate forex broker, you may have come across Cang Forex. But is Cang Forex 88 legit or a scam?
Cang Forex is a forex broker that is based in China. The company is registered with the Chinese government and is regulated by the country’s financial watchdog, the China Securities Regulatory Commission (CSRC).
The broker offers a wide range of forex products and services, including spot forex trading, CFD trading, and futures trading. It also provides a mobile app for trading on the go.
So far, there have been no major complaints about Cang Forex. However, some users have complained about the company’s customer service and its platform interface. Overall, though, Cang Forex seems to be a reputable and reliable broker.
Conclusion
Cang Forex 88 is definitely not a scam, but it’s not the most reliable or user-friendly forex broker out there either. If you’re looking for a broker that you can trust to give you the best possible experience, we would recommend checking out some of the other options on our list. However, if you’re just starting out and want to try your hand at forex trading, Cang Forex 88 could be a good option for you.