Score

1.42 /10
Danger

SHENGHUI GROUP LTD

Suspicious Regulatory License

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.29

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-10-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

SHENGHUI GROUP LTD · Company summary

Since SHENHUI GROUP LTDs official website (http://www.shenghuigroupfx.com/) is now down, we had to resort to scouring other websites for relevant information in order to construct a rough picture of the company's forex broker operations.

basic-info

General Information

SHENHUI GROUP LTD is a newly established brokerage firm registered in China, with an operating time of less than two years.

Since this brokerage houses website cannot be opened for now, we were unable to obtain more essential information about its trading assets, minimum deposit, leverage, trading platform, and more. SHENHUI GROUP LTD does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.

Trading Platform

Apex500 does not provides its clients the industry-leading MT4 or MT5 trading platform, which may be served as further evidence that this brokerage house is unreliable to trade with.

Customer Support

Worryingly, SHENHUI GROUP LTD does not leave any contact information for its clients to get in touch with it.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

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