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Ding Sheng foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.blgm.co.nz/live-account/, about the company's legal and temporary regulatory information, the company's address .

Ding Sheng Forex Broker

Basic Information

Registered Region
New Zealand
Operating Period
--
Company Name
Ding Sheng Investment New Zealand Limited
Abbreviation
Ding Sheng
Company employee
--
Customer Service Email Address
cs@blgm.co.nz
Contact Number
649367 6888
Company Website
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

How to login to Ding Sheng?
Ding Sheng Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Ding Sheng Account Registering for a Ding Sheng account is the first step to accessing its services, which include mobile top-ups and prepaid vouchers. Follo

  

Ding Sheng Forex Broker - Complete Information Guide

  

1. Broker Overview

  Ding Sheng International Co. Ltd., established in 2015, is an online trading broker primarily engaged in forex trading and other financial services. The company operates without a physical address listed, which raises some concerns regarding its transparency and legitimacy. Ding Sheng broker caters to a diverse clientele, including retail traders and institutional investors, with a focus on providing access to various trading markets.

  The company's development has been marked by significant milestones, including its establishment and the subsequent launch of its trading platform. Despite its relatively short history, Ding Sheng broker aims to create a robust trading environment for its users. The broker operates under an unregulated status, which means it does not fall under the oversight of any major financial authorities, making it essential for potential clients to exercise caution.

  Ding Sheng broker primarily operates in the retail forex market, offering a range of trading instruments to its clients. The business model is predominantly based on providing retail forex services, which allows individual traders to engage in currency trading through the broker's platform.

  

2. Regulatory and Compliance Information

  Ding Sheng broker is currently unregulated, which is a significant factor for potential clients to consider. The lack of regulation means that there is no oversight from major financial institutions, which can lead to difficulties in fund withdrawals or issue resolutions. The broker is not registered with any recognized regulatory authority, such as the Financial Conduct Authority (FCA) or the Commodity Futures Trading Commission (CFTC).

  As an unregulated entity, Ding Sheng broker does not have a regulatory license number, which further complicates its credibility. The absence of a valid regulatory framework raises concerns regarding the safety of client funds. Clients should be aware that in the event of disputes, the resolution process may be challenging.

  Ding Sheng broker does not provide detailed information on its client fund segregation policies or participation in investor compensation schemes. There is also limited information regarding its Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. Clients should conduct thorough research and consider the risks involved before engaging with this broker.

  

3. Trading Products and Services

  Ding Sheng broker offers a variety of trading products, including forex currency pairs. While the exact number of currency pairs available is not specified, the broker typically provides access to major, minor, and exotic currency pairs, catering to a wide range of trading strategies.

  In addition to forex, Ding Sheng broker also offers Contracts for Difference (CFDs) across various asset classes, including indices, commodities, stocks, and cryptocurrencies. This diverse product range allows traders to diversify their portfolios and take advantage of different market conditions.

  The broker is known for its competitive trading conditions, although specific details regarding spreads, commissions, and execution models are not readily available. Ding Sheng broker aims to provide a user-friendly trading experience, but potential clients should verify the specifics before opening an account.

  Ding Sheng broker frequently updates its trading products to include new offerings, ensuring that clients have access to the latest market trends and opportunities. Retail trading services are a primary focus, but there may also be provisions for institutional clients, depending on demand and market conditions.

  

4. Trading Platforms and Technology

  Ding Sheng broker supports the widely used MetaTrader 4 (MT4) platform, which is favored by many traders for its user-friendly interface and comprehensive trading tools. The availability of MT4 allows traders to access advanced charting capabilities, automated trading options, and a wide range of technical indicators.

  In addition to MT4, Ding Sheng broker may offer a proprietary trading platform designed to meet the needs of its clients, though specific details about this platform are not provided. The broker also provides a web-based trading platform, enabling clients to trade directly from their browsers without the need for software downloads.

  Mobile trading is supported through dedicated applications for both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go. This flexibility is essential for traders who require access to their accounts at all times.

  The execution model employed by Ding Sheng broker is not explicitly stated, but it is crucial for traders to understand whether the broker operates on an ECN, STP, or market-making basis. The broker's server locations and technological infrastructure are also not disclosed, which may impact trading speed and reliability.

  API integration and automated trading support are essential features for many traders, and Ding Sheng broker may offer these services, but further details should be confirmed with the broker directly.

  

5. Account Types and Trading Conditions

  Ding Sheng broker offers several account types to cater to different trading needs. The standard account typically requires a minimum deposit, with competitive spreads and commission structures. However, specific details regarding minimum deposits, spreads, and commissions are not provided.

  For more experienced traders, Ding Sheng broker may offer premium or VIP accounts that come with enhanced trading conditions, such as lower spreads and personalized support. Additionally, there may be specialized accounts available, including Islamic accounts for traders who require Sharia-compliant trading options.

  The broker also provides a demo account policy, allowing potential clients to practice trading strategies without risking real funds. The leverage ratios offered by Ding Sheng broker vary across different products, enabling traders to choose the level of risk they are comfortable with.

  The minimum trade size and overnight fees are not clearly specified, and potential clients should inquire directly with the broker for detailed information regarding these aspects.

  

6. Fund Management

  Ding Sheng broker supports various deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirements may vary based on the account type selected, and potential clients should verify these details before opening an account.

  Deposit processing times are generally quick, but specific timeframes are not disclosed. Clients should also be aware of any deposit fees that may apply, as this information is not readily available.

  Withdrawal methods and limitations are essential considerations for traders. Ding Sheng broker may offer multiple withdrawal options, but the processing times and fee structures for withdrawals are not explicitly stated. Clients should confirm these details with the broker to avoid any surprises.

  The broker's policies regarding withdrawal processing times and any associated fees should be clearly understood before engaging in trading activities.

  

7. Customer Support and Educational Resources

  Ding Sheng broker offers various support channels for its clients, including email and online chat options. However, the availability of phone support and specific service hours are not detailed, which may affect the accessibility of assistance.

  The broker may provide support in multiple languages, but the exact languages offered are not specified. This can be an important factor for clients who prefer assistance in their native language.

  Educational resources are vital for traders looking to enhance their skills. Ding Sheng broker may offer webinars, tutorials, and eBooks, but specific details on the types of educational materials available are not provided.

  Market analysis services, including daily analyses, news updates, and research reports, may also be part of the broker's offerings. Additionally, trading tools such as calculators, calendars, and signal services could be available to assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  Ding Sheng broker primarily serves clients in various regions, but specific details about its main service markets are not provided. The broker may have regional offices, but the locations are not clearly stated.

  There are certain countries and regions from which Ding Sheng broker does not accept clients, but this information is not explicitly mentioned. It is essential for potential clients to verify their eligibility to open an account based on their location.

  Special restrictions may apply to clients in specific jurisdictions, and it is advisable for traders to consult the broker's terms and conditions to understand any limitations that may affect their trading activities.

  In summary, Ding Sheng broker presents a range of trading services and products, but potential clients should conduct thorough research and due diligence before engaging with the broker. The lack of regulation and transparency may pose risks that traders need to consider carefully.

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Latest Reviews

FX2963880387

FX2963880387

Singapore

Unable to withdraw since two months ago. I've paid the commission but the contact dissappeared. If u meet the same situation as me. You can't leave these frauds and brokers alone. We should report them by media with 0 tolerance. The so-called famous analyst, Xiaohan Chen, is a fraud. And I will keep reporting about him. You'll see. You will be punished one day. You can click this URL to know more about this fraud broker. http://www.wikifx.com/tw_zh-tw/newsdetail/202103026084115783.html

Exposure

2021-03-07

Ding Sheng Forex Broker has an overall rating of 1.59, Regulatory Index 0.00, License Index 0.00, Business Index 7.58, Software Index 4.00 Risk Control Index 0.00.
Ding Sheng