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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

Cang Limited

United Kingdom|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.cang-fx.com/en

Website

Rating Index

Contact

info@cang-fx.com
https://www.cang-fx.com/en
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
United Kingdom
Operating period
2-5 years
Company Name
DUSAS MARKET LTD.
Abbreviation
Cang Limited
Company employee
--
Customer Service Email Address
info@cang-fx.com
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

FX3913243317

South Korea

At the beginning of the inducement and they chat later said how much money this various reasons to join him at the beginning of several profits can be taken out let me believe. Later deposit RMB less than 600,000 one after another said that the leek period can not operate will lose money out of the gold need to pay more than 200,000 tax this time realize that was cheated hope to see the future do not be fooled to be warned

Exposure

2023-02-19

あき

Japan

When I withdraw 70,000 yen, the account balance is 2,090,000 yen, I was told to withdraw all of it, and was asked to pay taxes, so I could not withdraw. Please help to mediate it. Thank you.

Exposure

2022-10-19

FX695459

United States

I won't stand by and let these individuals defraud any more people after it all began on facebook i met a girl that played with my feelings that recommended me into investing with Cang ltd i agreed to abd they accepted my investment of $96,000 USDT, but they insisted that they never received it. It wasn't until the AssetsClaimBack recovery expert intervened to put a stop on this scam and return on my investment. exercise caution Cang is only after running away with investors money.

Exposure

2022-08-19

FX1521878022

United States

The platform didn't give me a reason to why my account was blocked along with my principal and trading balance They kept delaying the withdrawal until the finances retrieved by fintrack/ org further exposed the malicious intentions of Cang Limited in that they will do anything to hold back your investment and try to push you into increasing your deposits with them, my advice is that you completely avoid Cang Limited and it's representatives.

Exposure

2022-08-19

Rasyid Hardianto

Indonesia

unable to withdraw, i have 13.818$ , need a pay taxes 20% to withdraw, i paid .. but there is another payment 978$ (internal deposit), i paid .. and again.. there is another payment 1.000$ (maintenance account) so i until u cant pay it.

Exposure

2022-08-19

JT720

Australia

After applying for 200 times leverage, they did not allow the withdrawal, saying that I had to deposit 200,000 U.S. dollars before the specified date. After depositing, they inform that there was a suspicious amount of money laundering when depositing 200,000 U.S. dollars, and I need to make 30% deposit of the total amount, and then they manipulate behind the scenes, resulting in the loss of all funds

Exposure

2022-08-09

Fx4679443

United Kingdom

Do not try to trade with them , Why because if you lose you are more than welcome, but if you win more than few hundred dollars your account will be Blocked and won't get your profit. The same thing happened with me, I did register with them, I started with $30000, I managed to make a profit a bit over $80000, after that I request a withdraw of $40000. After my withdraw request they asked me to "provide a high-resolution photo of myself (selfie) holding your ID document with a current date, Cang ltd and your signature on a sheet of paper." Of course I did that and they approved it, The following day I found my account Blocked, and i never received the approved withdrawal, after I contacted them They refuse to unlocked my account and pay my profit and did not explain anything to me application form to Assetsclaimback aid . And now I'm informing all of you to not get scam from Cang ltd, i refuse to lose my money to them i seek aid.

Exposure

2022-08-03

布川內伊

Hong Kong

Unable to withdraw. Do not withdraw after the review is complete nor refund to you. I cannot operate nor get the money now.

Exposure

2022-08-02

流年似水24341

Hong Kong

In May, there was a person on Weibo called "Chunfengshiliburuni" who recommended Hongfei's lecture, and because the digital currency market was not good at that time, more than 1,000 people in the live broadcast room were taken to gold foreign exchange trading, and it was recommended to register for trading at that time. Trader account to deposit USDT online. The trader’s registration website is: https://trader.cangcfd.com/. After registration, I transferred 50,000 USDT to this trader’s account from the original digital currency trading platform, Biying and Sesame.com. Hongfei and Chungang Shili are not as good as you. You can induce a fund with an investment amount of 10 million yuan and can distribute dividends every year. To increase the basic capital, and buy 200,000 USDT through remittance and transfer it to the account of the dealer Cang Limited, with a total of 2 million yuan before and after Hongfei. The order in the live room and the order in the CC chat software for 3 days in the afternoon have been inducing the students in the live room to increase their investment. Until the afternoon of July 17, the MT5 account login was invalid, and the trader https://trader.cangcfd.com/ could not be opened, Hong Feihe Spring Breeze is as good as you can't contact me. The total amount of my account is 6 million yuan, and there is a gold long order that is not flat. I still can't log in. The password is due to my limited computer skills, and the broker's website cannot be opened. I don't know how Find the password, please help! thank you all!

Exposure

2022-07-21

娜娜9261

Hong Kong

Forex must trade at a formal platform. This kind of black-hearted platform and lecturer are completely fools.

Exposure

2022-07-18

FX4068196618

United States

They are indeed a scam. It looked so real and i wanted to believe them so bad, but please don't put your money here. I had lost over $52,000 to this firm which they had and wouldn't return save the report made out to fintrack/org which set in motion the chain of actions that saw my investment returned ,Earlier on the account manager kept giving excuses for why the money couldn't be returned and stopped responding. I guess he hoped i will just go away

Exposure

2022-07-08

FX4216541651

United States

They are not being honest to people, they'll lie just to take your money and after that disappear. Took me weeks running from pillar to post before I could make a breakthrough with assistance from Traceasset*org and get paid.

Exposure

2022-07-08

Amanda Ouro

United States

At first everything seems fine and all was going so well that I could not believe my eye when I saw how much profits I have made Immediately I asked for a pay out,

Exposure

2022-07-07

FX4068196618

Canada

I did get a few unhelpful emails from them at first before the total silence, I sent emails, made online enquiries, called, and they tell me the same story over and over again, "An Agent will be contacting you today to sort out your issue". no one ever calls back! I read fintrack/ org consensus supported victims in enforcing withdrawals Cang Limited refunded my money when I did the same but it was rather frustrating to be in a state of uncertainty for that long Stay far far away from this company

Exposure

2022-07-06

FX1914915908

United States

This is nothing but a company made by heartless thieves. I invested a total of 87,500, by February my account balance got to 180,000 and I requested for withdrawal,because my account manager kept giving excuses and even tried to make me make more deposit to which I refused, at that point she stopped responding to me.

Exposure

2022-07-05

FX244677432

United Kingdom

I made several successful investments with this broker before losing 40% of my savings to the trading scam. It cost me so much money and pain to invest in an investment that was not even real.“They spread this false news that the bad comments and reviews they get is from their competitors and this is not true that believe is very false. I personally lost $48,000 to these guys. I almost went insane right about 2 weeks after my ordeal with them I tried using the recommendation of AssetsClaimBack Advisory for a chargeback, i always say i can never fall for a scam but i was definitely wrong but glad i didn’t lose all my money.

Exposure

2022-07-05

FX695459

United States

I paid this fake company with Luna coin. They try and me deposit my Luna coin, sending it to their "e-wallet" with promises that their team will turn it into more money, Alot of my money was stuck with Cang ltd . If they weren’t so aggressive I almost would of believed them but because they were so pushy it gave away they are not real company. They also speak very good english, just be very careful.

Exposure

2022-07-04

阿科

Turkey

Using Cang Limited is a complete waste of time. I could have lost all my money. I thought they were a good company that I can trust. Everything was going well until I requested a withdrawal.

Neutral

2022-12-19

18
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Official website

Website

  • cang-fx.com

    Server Location

    China

    Website Domain Name

    cang-fx.com

    Server IP

    119.13.82.16

Company Summary

CangLimited

General Information

Registered in the United Kingdom, Cang Limited presents itself as an online forex broker offering diversified range of trading instruments through the leading MT5 trading platform, with leverage up to 1:400.

Is Cang Limited safe to trade with?

Cang Limited seems to be a trading name of a company called DUSAS MARKET LTD.

When it comes to regulation, it has been verified that Cang Limited is not authorized or regulated by any regulatory authorities. Thats why its regulatory status on WikiFX is marked as “No License” and It receives a pretty low score of 1.10/10.

Bear in mind that trading with an unregulated forex broker is a surefire way to lose your money. Please be aware of the risk.

image.png

Market Instruments

Tradable instruments available on the Cang Limited is not that risk in comparison to many other platforms. With Cang Limited, four classes of trading assets are provided:

  • Foreign Exchange

  • Index

  • Noble Metals

  • Crude Oil

Account Types

As for accounts, it appears that two types of trading accounts are available: Standard and ECN accounts. The minimum deposit to open a Standard account is as high as $1,000, which is too much for regular traders to afford.

We assume that, this broker may want to extract investors money at the very first and then disappear.

Leverage

With Cang Limited, the maximum leverage that clients can use is up to 1:400, which is considered high and risky. To protect retail traders, many regulatory authorities put some restrictions on leverage, the leverage for major forex trading capped at 1:30, in Europe and Australia, 1:50 in Canada, and U.S.

Since leverage can amplify gains as well as losses, it is important for traders to choose the proper amount that they feel most at ease.

Spreads & Commissions

Typically, spreads and commissions are determined by trading accounts. The Standard account offers a commission-free trading environment, with spreads from 0.9 pips. The ECN account offers raw spreads, as low as 0.0 pips, with a certain commission charged.

Spreads

Trading Platform

Cang Limited offers its clients access to the leading MT5 trading platform, which can be accessed through iPhone, Android, and PC versions. MT5 is among the most popular trading platforms around the world, proving access to essential tools and resources needed.

Platform

Customer Support

In terms of customer support, Cang Limited can be contact only through email by traders with inquiries or trading-related issues. The “FAQ” section is also offered to solve your basic problems.

Telephone: +852 560 48855

Email: info@cang-fx.com

Registered Office Address: RM12, 19/F, Ho King Comm Ctr, 2-16 Fayuen St, Mongkok, Kowloon,Hong Kong

Risk Warning

Forex trading and online leveraged trading contains high risks and may not suitable for all investors. Before deciding to enter into any forex and CFD trading, you should carefully consider your objectives, financial status, trading goals and experience level.

Please note the information contained in this article is for general information purposes only.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

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