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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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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 factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

¿Qué aspectos deben considerarse al elegir un bróker seguro?

Al elegir un bróker seguro, los inversores deben centrarse en factores como la situación regulatoria, la seguridad de los fondos y la transparencia de las condiciones de trading. Generalmente se recomienda priorizar plataformas reguladas por organismos reconocidos como la FCA, la SEC o la ASIC. También es importante verificar si los fondos se mantienen en cuentas segregadas, si la estructura de comisiones es transparente y si existen incidencias relacionadas con retiradas o reclamaciones relevantes. La puntuación de WikiFX y los comentarios de usuarios pueden servir como referencia adicional.

In a week

¿Qué es WikiFX y cómo puede ayudar a los inversores?

WikiFX es una plataforma independiente que proporciona servicios de consulta de información sobre brókers de divisas y alertas de riesgo. Integra datos regulatorios, comentarios de usuarios y registros históricos, y realiza evaluaciones mediante un modelo multidimensional para ayudar a los inversores a comprender la situación general de un bróker y sus posibles riesgos. Este tipo de herramientas permite realizar una verificación preliminar antes de elegir un bróker.

In a week

¿Cómo identificar si un bróker presenta un perfil de riesgo elevado?

Un bróker puede evaluarse como de mayor riesgo considerando factores como la situación regulatoria, las reclamaciones de usuarios, la seguridad de los fondos y la coherencia de la información pública disponible. En general, los brókers sin regulación válida, con problemas frecuentes de retirada o con un elevado número de reclamaciones suelen presentar mayores niveles de riesgo. En WikiFX pueden consultarse el estado regulatorio, la puntuación integral, los registros de exposición y las opiniones de usuarios como referencia adicional.

In a week

Bagaimana cara mengidentifikasi broker dengan profil risiko tinggi?

Broker dapat dinilai memiliki profil risiko tinggi dengan mempertimbangkan status regulasi, keluhan pengguna, keamanan dana, serta konsistensi informasi publik yang tersedia. Broker tanpa regulasi valid, yang sering mengalami masalah penarikan dana, atau memiliki banyak keluhan pengguna biasanya menunjukkan tingkat risiko yang lebih tinggi. Informasi tersebut dapat diperiksa melalui WikiFX untuk membantu evaluasi secara lebih komprehensif.

In a week
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