Ronghui Group Co. Ltd. has been flagged by Commodity Futures Trading Commission for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I opened an account with Ronghui Group Co. Ltd. for a couple of months now ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Fast deposits|Smooth onboarding
Cons: Slow to add new assets
I wanted to transfer my portfolio from another broker to Ronghui Group Co. Ltd.. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Competitive fees|Multi-currency support|Good mobile app|Wide product range
Cons: Some tools only available on higher tiers
My withdrawal request from Ronghui Group Co. Ltd. has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Good analytical tools|Fast execution
Cons: Charting tools need more indicators|Currency conversion fee exists