What is CherizonWaves.com?
CherizonWaves is a website that promises to provide people with a way to trade forex without having to put any money down. They offer a free demo account and claim to have an 84% success rate. However, there are many red flags associated with this company that make us question whether or not they are legitimate.
The first red flag is the fact that they do not provide any information about who owns or operates the company. This is always a cause for concern, as it makes it difficult to know who you are dealing with.
Another red flag is the fact that their website is full of grammatical errors and typos. This is often indicative of a scam, as it shows that they do not take care in their presentation.
Finally, we were unable to find any positive reviews of CherizonWaves online. This is usually a bad sign, as it means that people who have used their services have not had good experiences.
What type of services does CherizonWaves.com offer?
CherizonWaves.com offers a variety of services for its clients, including forex trading, CFD trading, and binary options trading. The broker also provides a suite of tools and resources for its clients, including a trading platform, market analysis, and educational materials.
How popular is CherizonWaves.com?
CherizonWaves.com is a forex broker that is based in the Marshall Islands and was founded in 2014. The broker is unregulated and does not have a license from any financial regulator. The company behind the brokerage is called Horizon Group Limited. The broker offers two account types for traders, a standard account and a VIP account. The minimum deposit for a standard account is $250 and the minimum deposit for a VIP account is $50,000. The broker offers leverage of up to 1:500 and the spreads start at 0.3 pips. The company also offers swap-free accounts for Muslim traders.
The website of the broker has been online since March 2014 and it has a global rank of 116,859 according to Alexa traffic statistics. The website receives most of its traffic from Pakistan (40%), Egypt (17%) and Nigeria (16%). These three countries make up 73% of the website’s traffic. CherizonWaves.com is popular in Forex trading circles in these countries but it is not as well known in other parts of the world.
What are the pros and cons of using CherizonWaves.com?
When researching a potential forex broker, it is important to weigh the pros and cons of using their services. In this section, we will take a look at the pros and cons of using CherizonWaves.com as your forex broker.
PROS:
-CherizonWaves.com offers a user-friendly platform that is easy to navigate and use.
-The broker provides access to a wide range of currency pairs, including major, minor, and exotic pairs.
-CherizonWaves.com offers competitive spreads starting at just 0.5 pips.
-The broker provides negative balance protection, ensuring that you will never lose more than your initial investment.
CONS:
-CherizonWaves.com does not currently offer a mobile trading app for its clients.
-The broker does not provide any welcome bonuses or promotions for new clients opening an account with them.
Is CherizonWaves.com a legit or scam forex broker?
CherizonWaves.com has been in operation for over 10 years and is one of the most popular forex brokers. However, there are some concerns about the legitimacy of the broker.
Critics say that CherizonWaves.com is a scam because it is not regulated by any financial authority. They also point to the fact that the company is not listed on any stock exchange.
There are also some complaints about the broker’s customer service and withdrawal process. Some customers have reported that they have had difficulty withdrawing money from their account.
Overall, it is difficult to say definitively whether CherizonWaves.com is a legit or scam forex broker. However, there are some red flags that should be considered before investing with this broker.
Conclusion
CherizonWaves.com is a new forex broker that has only been around for a short while. While there is not a lot of information about them yet, what we do know looks promising. They offer competitive spreads and leverage, and their customer service appears to be responsive and helpful. Overall, we believe they are a legit broker worth considering if you are looking for a new forex broker.