Reported as a scam / unregulated
Why JUNCHENG Trade Limited is on the register
JUNCHENG Trade Limited claims to be authorized and regulated by the US National Futures Association (NFA) under an NFA ID: 0547704. However, when we searched in NFA, we found this broker is not under valid regulation by NFA since it is not an approved member of this regulator. Besides, this broker shows its office address is in Hong Kong. So we did searching in the Hong Kong Securities And Futures Commission (HK SFC) but found no matching results for this broker. That means JUNCHENG Trade Limited is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.