ShengTong Forex Broker

Note: ShengTong's official website: http://www.shengtongfx.com/ is currently inaccessible normally.ShengTong Information ShengTong is an unregulated brokerage company registered in Belize. The broker engages in various trading instruments investments including forex, metals, crude oil, international stocks, indices, and ETFs. While the broker's official website has been closed, so traders cannot obtain more security information.Is ShengTong Legit? ShengTong is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with ShengTong.Downsides of ShengTongUnavailable Website ShengTong's website is currently inaccessible, raising concerns about its reliability and accessibility.Lack of Transparency Since ShengTong does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.Regulatory Concerns ShengTong is not regulated, which is less safe than a regulated one.Withdrawal Difficulty & Scam According to a report on WikiFX, users encountered significant difficulties with withdrawal difficulty & scams. The issue remained unresolved despite the request being pending for a long time.Negative ShengTong Reviews on WikiFX On WikiFX, “Exposure” is posted as a word of mouth received from users. Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter. As of now, there are 8 pieces of ShengTong exposure in total. Exposure. Cannot withdraw & ScamClassificationUnable to Withdraw/ScamDate2019-2020Post CountryHong Kong, China You may visit: https://www.wikifx.com/en/comments/detail/202012061292641749.html https://www.wikifx.com/en/comments/detail/202005084352134669.html https://www.wikifx.com/en/comments/detail/201912221702466497.html.Conclusion ShengTong Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that this brokers trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.