Hengran Limited

Hengran Limited is a financial services entity registered in the United States, with a registered address at 1312 17th Street #692, Denver, CO 80202. According to our records, the company was founded on 3 April 2024, making it a relatively new entrant in the financial trading space. The official domain is hengranltd.com, though our verification efforts found no verifiable website or social-media presence associated with this domain.

As of our latest data, Hengran Limited has no employees on record, which is notable for a firm holding regulatory licences. The company's regulatory profile includes two licences: one from the Cyprus Securities and Exchange Commission (CYSEC) for Market Making (MM) and one from the Financial Sector Conduct Authority (FSCA) of South Africa for a Derivatives Trading License (EP). However, the status of these licences is not specified in our records, and we could not independently confirm their validity through public registers.

Hengran Limited lists two regulators on file: CYSEC in Cyprus and FSCA in South Africa. The CYSEC licence is for Market Making (MM) activities, which typically involves providing liquidity in financial instruments. The FSCA licence is for Derivatives Trading, which would permit the firm to offer derivative products such as CFDs. The licence numbers on file are 123/10 for CYSEC and 46990 for FSCA, though we note that these numbers have not been independently verified against the respective public registers.

It is important to highlight that the status of these licences is marked as '—' in our records, meaning we do not have confirmation that they are currently active or in good standing. The lack of a verifiable website and the absence of any employee information raise questions about the operational reality of this entity. In FXCanary's assessment, traders should treat the regulatory claims with caution until they can be verified directly with the authorities.

Due to the lack of a live website and the absence of independent user reviews, we cannot provide detailed information about the trading products, platforms, or account types that Hengran Limited may offer. The regulatory licences suggest that the firm is authorised to engage in market making and derivatives trading, which could include forex and CFD products, but this remains speculative without official documentation.

Our records do not include any specific details on spreads, commissions, leverage, or minimum deposit requirements. As such, we cannot comment on the competitiveness or suitability of any trading conditions. For a broker that is less than a year old and has no verifiable online presence, the absence of such information is a significant red flag for potential clients.

Hengran Limited was incorporated on 3 April 2024, in the United States. The registered address in Denver, Colorado, is a common type of address used for business registration purposes, and it does not necessarily indicate a physical trading floor or operational office. The company reports zero employees, which is unusual for a licensed financial services provider.

Our search for clone or impersonator sites returned zero results, meaning we found no evidence that other entities are misusing the Hengran Limited name. However, this also means that the firm has no discernible online footprint beyond the bare registration details. In our experience, a legitimate broker typically maintains a professional website, offers customer support channels, and has some presence in industry directories or review platforms. The absence of all of these is concerning.

FXCanary's Scam Risk Score for Hengran Limited is 43 out of 100, which we classify as 'Guarded'. This score reflects the significant uncertainties surrounding the broker, primarily the lack of a verifiable website or social-media presence. While the score is not in the 'high risk' category, it is far from reassuring, and we advise caution.

The combination of a newly established company, zero employees, and unverifiable regulatory status creates a risk profile that is difficult to assess. Traders considering this broker should perform their own due diligence, including checking the licence numbers directly with CYSEC and FSCA, and should be prepared for the possibility that the entity may not be operating as a live broker.

In summary, Hengran Limited presents a very low-information profile. Our records show a US-registered company with two regulatory licences, but we could not verify any operational aspects. The lack of a website, employees, and independent reviews means that we cannot recommend this broker to traders at this time.

We will continue to monitor any developments, but until Hengran Limited establishes a credible online presence and provides transparent information about its operations, it remains a high-risk proposition for any potential client. As always, we encourage traders to only engage with brokers that have a clear regulatory standing and a demonstrable track record.