Lời nói đầu:SHUN YUEN is an Australia-based global brokerage firm who offers CFDs on Currency Pairs, Cryptocurrencies, Precious metals, Commodities as its market instruments to traders. However, it is important to note SHUN YUEN currently has a revoked ASIC (Australia Securities & Investment Commission) license with number 001294993 which raises concerns when trading.
SHUN YUEN Review Summary | |
Founded | 2022 |
Registered Country/Region | Australia |
Regulation | Unregulated |
Market Instruments | CFDs on Currency Pairs, Cryptocurrencies, Precious metals, Commodities |
Demo Account | N/A |
Leverage | Up to 1:500 |
Spread | Starts from 0.0 pips |
Trading Platform | MT4 |
Min Deposit | N/A |
Customer Support | Email: SUPPORT@SHUNYUENLTD.COM. |
Address: 15F, BLOCK B,103 566 ST KILDA RD MELBOURNE VIC 3004. |
SHUN YUEN is an Australia-based broker offering CFDs on various assets like currency pairs, cryptocurrencies, precious metals, and commodities. However, it suffers from several drawbacks, such as a revoked ASIC license, a non-functioning website and questionable ethics.
Pros | Cons |
A variety of financial instruments | ASIC regulatory status revoked |
Low starting spreads (0.0 pips) | SHUN YUENs website can't be open |
Limited customer support (email and address only) |
SHUN YUEN is not regulated as its ASIC license has been revoked.
Regulatory Status | Revoked |
Regulated by | ASIC |
Licensed Institution | SHUN YUEN PTY LIMITED |
Licensed Type | Appointed Representative(AR) |
Licensed Number | 001294993 |
SHUN YUEN offers CFDs on currency pairs, cryptocurrencies, precious metals, commodities.
Tradable Instruments | Supported |
Forex | ✔ |
Indices | ❌ |
Shares | ❌ |
Metals | ✔ |
Commodities | ✔ |
ETFs | ❌ |
Crypto | ✔ |
Bonds | ❌ |
Futures | ❌ |
SHUN YUEN offers a maximum leverage of 1:500. Leverage can amplify profits but also increase losses.
The broker claims to offer low spreads starting from 0.0 pips.
Trading Platform | Supported | Available Devices | Suitable for which type of traders |
MT4 | ✔ | Windows, macOS, iOS, Android | Beginners and Intermediate Traders |
MT5 | ❌ | \ | \ |
Deposit Options
Deposit Options | Min. Deposit | Fees | Processing Time |
Bank Transfer | \ | \ | \ |
Withdrawal Options
Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
Bank Transfer | \ | \ | \ |
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