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Is Cheonan International Limited Trading a Scam? 

Cheonan International Limited seems like an attractive opportunity. A beautiful bot invites people to open an account and promises to double their money in a few months. The bot also offers tips for trading and other perks. However, sooner or later, the service will disappear and Cheonan International Limited will close the account and won’t let customers access the site. 

Is Cheonan International Limited a Scam or Legit?

The story above was told by a Cheonan International Limited client and it is typical of what we hear about scam brokers. Cheonan International Limited says it is located in Hong Kong but is run by UK-based Blackwell Global Industries, which has released a statement warning people against fake brokers claiming to be run by them. This is all the more reason to stay away. 

Here are some problems we have discovered from our research on Cheonan International Limited and reviews:  

  • Not regulated
  • Falsely claims to be run by a reputable broker
  • No contact information
  • Unrealistic promises and guaranteed returns
  • Bad reviews

ChargeBax experts have examined Cheonan International Limited and have discovered that it is a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away. 

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