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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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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

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

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

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

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

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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