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/10

CHANGE

China China | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://en.exchange6.com

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Rating Index

Contact

https://en.exchange6.com

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
China
Operating Period
5-10 years
Company Name
CHANGE MARKETS LLC
Verified Site
About Us
News
Wiki Q&A
Comment

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Official Website

Verified Site

  • exchange6.com
    47.57.236.106
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

CHANGEReview Summary
Founded2023
Registered Country/RegionChina
RegulationUnregulated
Market InstrumentsForex, commodities, indices, stocks, cryptocurrencies
Demo AccountNot Mentioned
LeverageUp to 1:400
SpreadVariable, dependent on market conditions
Trading PlatformChange Market APP
Min Deposit$100
Customer SupportOnline chat

CHANGE Information

CHANGE, established in 2023, offers multiple trading opportunities. It has three types of trading accounts: Mini, Standard, and High-End with a minimum deposit of $100. You can trade Forex, commodities, indices, stocks, and cryptocurrencies with a maximum leverage of up to 1:400. The Change Market APP is also implemented to provide an easy-to-use trading interface. However, it has no regulations.

Pros and Cons

ProsCons
  • High leverage up to 1:400
  • Lack of regulation
  • Offers three account types
  • Limited customer support methods
  • Charge withdrawal fees

Is CHANGE Legit?

CHANGE is not regulated by any major financial authorities.

What Can I Trade on CHANGE?

CHANGE offers a multiple assets including Forex, commodities, indices, and more.

Tradable InstrumentsSupported
Forex
Commodities
Stock
Indices
Cryptocurrency
Shares
Metals

Account Type

CHANGE offers three distinct account types. The Mini Account is designed for traders engaging in small position combinations with a minimum deposit of $100 and a minimum order size of 0.01, a Standard Account that provides customized trading services with a minimum deposit of $1,000 and a minimum order size of 0.1, and a High-End Account that provides VIP-like trading services requiring a minimum deposit of $5,000 and a minimum order size of 1.

Account TypeMinimum DepositMinimum Order SizeMaximum Order QuantityMaximum Leverage RatioSpreads (e.g., EUR/USD)Additional Features
Mini Account$1000.01 moveVariableVariableCompetitiveAccess to market information, 24-hour customer service
Standard Account$1,0000.1 moveVariableVariableTailoredIndependent dedicated line, risk assessment reports
High-End Account$5,0001 moveVariableVariableBest spreadVIP-level personalized assistance, in-depth portfolio management reports

CHANGE Fees

CHANGE offers a substantial leverage of approximately 1:400. The various account types at CHANGE offer distinct spreads across major currency pairs. You can check the specific number in the table below.

Account TypeEUR/USD SpreadAUD/USD SpreadEUR/JPY Spread
Mini Account1.5 pips2.2 pips2.1 pips
Standard Account1.1 pips1.8 pips1.7 pips
High-End Account0.9 pips1.6 pips1.5 pips

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Change Market APPIOS and AndroidInvestors of all experience levels
MT4/MT5IOS and AndroidInvestors of all experience levels

Deposit and Withdrawal

CHANGE charges fees for certain deposit and withdrawal methods, typically deducted from the transferred amount:

  • Credit/Debit Cards: 2.5% fee on deposits
  • E-Wallets: 3% fee on deposits and withdrawals
  • Bank Transfers: $15 (incoming) and $10 (outgoing) fee
  • Cryptocurrencies: 1% fee on both deposits and withdrawals

Customer Service

The specific method by which you can connect to CHANGE is not mentioned.

Contact OptionsDetails
Phone
Email
Support Ticket System
Online Chat
Social MediaFacebook, Instagram, Twitter, YouTube, etc
Supported LanguageEnglish
Website LanguageEnglish
Physical Address

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

Change Review: The Broker Faces Massive Complaints on KYC Goof-ups and Fund Blocks

Exposure Change Review: The Broker Faces Massive Complaints on KYC Goof-ups and Fund Blocks

Investors have called out Change, a China-based forex broker, for allegedly carrying out illegitimate forex trading activities. These include the poor handling of the Know Your Customer (KYC) process, fund blocks, and inappropriate customer support service. Traders have openly criticized the broker for these alleged wrongdoings. In this Change review article, we have highlighted trader comments. Take a look!

Wiki Q&A

How safe is trading with CHANGE?

Trading with CHANGE MARKETS LLC is a high-risk activity due to its operation without verified mainstream regulatory oversight, which presents inherent risks for fund security and dispute resolution.

04-02
United States

Is CHANGE suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose CHANGE or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with CHANGE?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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