SHUN YUEN Forex Broker

SHUN YUEN Review SummaryFounded2022Registered Country/RegionAustraliaRegulationUnregulatedMarket InstrumentsCFDs on Currency Pairs, Cryptocurrencies, Precious metals, CommoditiesDemo AccountN/ALeverageUp to 1:500SpreadStarts from 0.0 pipsTrading PlatformMT4Min DepositN/ACustomer SupportEmail: SUPPORT@SHUNYUENLTD.COM.Address: 15F, BLOCK B,103 566 ST KILDA RD MELBOURNE VIC 3004.SHUN YUEN Information 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 & ConsProsConsA variety of financial instrumentsASIC regulatory status revokedLow starting spreads (0.0 pips)SHUN YUENs website can't be openLimited customer support (email and address only)Is SHUN YUEN Legit? SHUN YUEN is not regulated as its ASIC license has been revoked.Regulatory StatusRevokedRegulated byASICLicensed InstitutionSHUN YUEN PTY LIMITEDLicensed TypeAppointed Representative(AR)Licensed Number001294993What Can I Trade on SHUN YUEN? SHUN YUEN offers CFDs on currency pairs, cryptocurrencies, precious metals, commodities.Tradable InstrumentsSupportedForex✔Indices❌Shares❌Metals✔Commodities✔ETFs❌Crypto✔Bonds❌Futures❌Leverage SHUN YUEN offers a maximum leverage of 1:500. Leverage can amplify profits but also increase losses.SHUN YUEN Fees The broker claims to offer low spreads starting from 0.0 pips.Trading PlatformsTrading PlatformSupportedAvailable DevicesSuitable for which type of tradersMT4✔Windows, macOS, iOS, AndroidBeginners and Intermediate TradersMT5❌\\Deposits & Withdrawals Deposit OptionsDeposit OptionsMin. DepositFeesProcessing TimeBank Transfer\\\ Withdrawal OptionsWithdrawal OptionsMin. WithdrawalFeesProcessing TimeBank Transfer\\\