Chasoe

Chasoe is a financial trading platform established on November 18, 2023. Despite the platform's claims that its company, HTR Markets Limited, is based in the Bahamas and regulated by the Securities Commission of the Bahamas (SCB), actual inquiries reveal that this company is not registered with the SCB, indicating false advertising and lack of effective regulation. The official website of Chasoe is: https://chasoepro.com/#/home

Chasoe's Corporate Background:

The domain of the Chasoe platform was registered on November 18, 2023. Currently, the relevant registration information of Chasoe is still unclear.

Chasoe's Regulatory Information:

Chasoe claims to be owned by Chasoe Markets Limited, located in the Bahamas, and regulated by the SCB, offering forex, indices, commodities, funds, stocks, cryptocurrencies, and other financial derivative investment trading services.

However, a search in the list of registered entities of the SCB did not reveal any registration for this company, indicating false advertising and lack of regulation.

Chasoe's Account Registration Process:

1. Log in to the Chasoe website and click the register button.
2. Fill out the application form.
3. Submit identity verification documents.
4. Deposit funds and start trading.

Chasoe's Account Types:

Chasoe offers two main types of accounts:

Razor Account:

Average EURUSD spread: 0.0 - 0.3 pips.

Commission: from AUD 7 per 100,000 round trip trades.

Standard Account:

Average EURUSD spread: 1.1 pips.

Commission: $0.

Chasoe's Trading Software:

Chasoe offers a variety of advanced trading software to meet the needs of different traders. These include:

1. cTrader: cTrader provides chart functions and market depth (DOM) information, supports fast order execution, and is suitable for day traders and high-frequency traders.
2. MetaTrader 4 (MT4): MT4 is one of the most popular trading platforms worldwide, renowned for its powerful chart analysis tools, rich technical indicators, and automated trading capabilities (Expert Advisors, EAs). MT4 offers various order types and execution modes, suitable for all trading strategies. Its user-friendly interface ensures both new and experienced traders can use it with ease.
3. MetaTrader 5 (MT5): MT5 is the upgraded version of MT4, offering more time frames and technical indicators, supporting multi-asset trading. In addition to forex and CFDs, MT5 also supports stock and futures trading. MT5 features multi-threaded strategy testing and more advanced market depth, making it ideal for advanced traders. Its more modern interface and powerful functions cater to traders requiring diversified investments and more complex analysis.

By offering these diverse and powerful trading software options, Chasoe ensures its users can efficiently execute various trading strategies using a wide range of analytical tools, charts, and automated trading features, meeting the needs and preferences of different investors.

Chasoe's Trading Products:

Chasoe offers a variety of trading products covering major financial markets to meet different investors' needs:

1. Forex: Multiple currency pairs, including major, minor, and exotic pairs, suitable for various trading strategies.
2. Index CFDs: CFDs of major global stock indices such as S&P 500, Dow Jones Industrial Average, and NASDAQ 100.
3. Commodities: Precious metals (e.g., gold, silver), energy (e.g., crude oil, natural gas), and agricultural products (e.g., wheat, coffee).
4. ETF CFDs: CFDs of exchange-traded funds, offering diversified asset portfolios.
5. Stock CFDs: CFDs of stocks from major global companies, allowing speculation on price fluctuations.
6. Cryptocurrencies: Various popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
7. Currency Index CFDs: Index CFDs reflecting the comprehensive performance of a basket of currencies.

Through these diverse trading products, Chasoe provides investors with a wide range of market opportunities and flexible investment options, supporting various investment strategies.

Chasoe's Spreads, Leverage, and Commissions:

Chasoe's spreads and commissions vary according to different products and trading software. See the image below for details:

Chasoe's Deposit and Withdrawal Methods:

Chasoe supports various deposit and withdrawal methods, including:

Visa

MasterCard

POLi

Bank Transfer

BPay

PayPal

Neteller

Skrill

China UnionPay

Chasoe's Customer Support:

Email: support@chasoeus.com

Conclusion:

Chasoe is a newly established financial trading platform that, despite providing a variety of trading products and software, has unclear corporate registration information and is not regulated by any official regulatory body, raising concerns about its legitimacy and reliability. Investors should exercise caution, conduct thorough background checks, and assess the risks to ensure the safety of their funds. Currently, Chasoe is listed as "Suspected Fraud" on TraderKnows.