ChaoShang Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.chaoshangsec.com/Default.asp?langcode=cn, the company's legitimate regulatory information Hong KongSFCDealing in futures contracts,Hong KongSFCAdvising on securities, to enhance the security of the company's address 香港湾仔港湾道26号华润大厦 2206-10室.
ChaoShang Forex Broker
Basic information
Hong Kong
5-10 years Regulated in Hong Kong Dealing in futures contracts Advising on securities Suspicious Scope of Business Suspicious Overrun Medium potential riskCompany profile
ChaoShang is a dealer regulated by the SFC, established in 2016. It offers a variety of market instruments including stocks, securities, futures, options, and asset management for both individual and corporate clients via a web-based platform.
Pros and Cons
| Pros | Cons |
| Regulated by SFC | Limited info on trading conditions |
| Multiple trading assets |
Is ChaoShang Legit?
If you choose to trade Hong Kong futures with this company, you will have a certain level of safety assurance because it is regulated by the SFC; however, if you want to engage in securities trading, it is not recommended because the securities exchange claims to hold an SFC license that is currently in a state of “exceeding limits of operation” and is not an effective regulation.
| Regulated Country | Regulated Authority | Current Status | License Type | License No. |
|---|---|---|---|---|
| Securities and Futures Commission of Hong Kong (SFC) | Regulated | Dealing in futures contracts | BGH629 | |
| Securities and Futures Commission of Hong Kong (SFC) | Exceeded | Advising on securities | BIY456 |
What Can I Trade on ChaoShang?
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Securities | ✔ |
| Futures | ✔ |
| Options | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| ETFs | ❌ |
Trading Platform
ChaoShang supports Teochew Securities Trading Website as the trading platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | Web | / |