ZHESHANG Forex Broker
Basic Information
China
5-10 years Regulated in China Futures License Suspicious Scope of Business Medium potential riskCompany profile
Rating Index
Zheshang Forex Broker - Complete Information Guide
1. Broker Overview
Zheshang Broker, officially known as Zheshang International Financial Holdings Co., Ltd., was established in 2015 and is headquartered in Hong Kong. This broker operates as a private entity and provides a variety of trading services primarily focused on the foreign exchange (forex) market. Zheshang International has made a name for itself in the financial industry, offering services to both retail and institutional clients.
The company has a significant presence in the Asia-Pacific region and is known for its innovative approach to trading. Over the years, Zheshang has expanded its services and developed a range of proprietary trading platforms, allowing clients to trade various financial instruments efficiently. The broker's journey has been marked by key milestones, including its regulatory approvals and the introduction of advanced trading technologies.
Zheshang operates under the umbrella of the Zheshang Group, which has a diversified portfolio in finance and investment. The broker primarily focuses on retail forex trading, but it also offers institutional services, including asset management and white-label solutions for other financial institutions.
2. Regulation and Compliance Information
Zheshang Broker is regulated by the Securities and Futures Commission (SFC) in Hong Kong, under license number BGD 825. The SFC oversees the brokers operations, ensuring compliance with local financial regulations and protecting investors' interests. The broker's regulatory license is valid for dealing in futures contracts, which enhances its credibility in the market.
In addition to its regulatory framework, Zheshang adheres to a strict customer funds segregation policy, ensuring that client assets are kept separate from the broker's operational funds. This practice is crucial for maintaining investor confidence and safeguarding against potential financial issues.
Zheshang Broker also participates in an investor compensation fund, which provides additional security for clients in the event of the broker's insolvency. The broker implements robust KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures, ensuring that all clients are properly verified and that their transactions are monitored for suspicious activities.
3. Trading Products and Services
Zheshang Broker offers a wide array of trading products, catering to diverse client needs. The broker provides access to over 80 forex currency pairs, including major, minor, and exotic pairs. In addition to forex, Zheshang offers a variety of Contracts for Difference (CFDs) across different asset classes, such as:
- Indices: Major global indices including the S&P 500, FTSE 100, and others.
- Commodities: Trading options for gold, silver, oil, and agricultural products.
- Stocks: CFDs on shares from leading companies globally.
- Cryptocurrencies: A selection of popular cryptocurrencies for trading.
The broker frequently updates its product offerings to meet market demand and introduce new trading instruments. Zheshang also provides retail trading services aimed at individual investors, as well as institutional services tailored for corporate clients. The availability of white-label solutions allows other financial entities to offer Zheshangs products under their branding.
4. Trading Platforms and Technology
Zheshang Broker supports MetaTrader 4 (MT4), which is widely recognized as one of the leading trading platforms in the forex industry. Additionally, the broker has developed its proprietary trading platform, which offers advanced features and user-friendly interfaces for traders.
The broker provides a web-based trading platform that allows clients to trade directly from their browsers without the need for downloads. For mobile trading, Zheshang offers applications compatible with both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.
Zheshang employs various execution models, including ECN (Electronic Communication Network) and STP (Straight Through Processing), ensuring fast and efficient trade execution. The broker‘s servers are strategically located to minimize latency and enhance trading performance. Moreover, Zheshang supports API access for automated trading, allowing clients to integrate their trading systems with the broker’s infrastructure seamlessly.
5. Account Types and Trading Conditions
Zheshang Broker offers several account types to cater to different trading preferences and experience levels. The Standard Account typically requires a minimum deposit of $100, with competitive spreads starting from 1.0 pips and a commission structure that varies based on trading volume.
For more experienced traders, Zheshang provides Premium Accounts with enhanced features, including lower spreads and access to exclusive market insights. The broker also offers specialized accounts such as Islamic Accounts that comply with Sharia law and Corporate Accounts designed for business entities.
Zheshang does not currently offer demo accounts, which may be a limitation for new traders looking to practice before committing real funds. The broker provides leverage ranging from 1:50 to 1:500, depending on the asset class, allowing traders to maximize their investment potential. The minimum trade size is typically 0.01 lots, accommodating both small and large traders.
6. Fund Management
Zheshang Broker supports a variety of deposit methods for clients, including bank wire transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with the Standard Account starting at $100. Deposits are generally processed within 1-3 business days, depending on the method used.
The broker does not impose any deposit fees, promoting a cost-effective trading environment. For withdrawals, Zheshang offers multiple options, and the processing time usually ranges from 1-5 business days. Withdrawal fees may apply, depending on the method chosen, and clients are encouraged to review the fee structure on the broker's website.
7. Customer Support and Educational Resources
Zheshang Broker provides robust customer support through various channels, including telephone, email, and live chat. The support team is available during business hours, covering multiple time zones to assist clients globally. The broker offers support in several languages, including English, Mandarin, and Cantonese, ensuring effective communication with a diverse client base.
To enhance trader knowledge, Zheshang offers educational resources such as webinars, tutorials, and e-books covering various trading strategies and market analysis. Additionally, clients have access to daily market analysis, news updates, and research reports to inform their trading decisions. The broker also provides trading tools like calculators and economic calendars to assist traders in their market activities.
8. Regional Coverage and Restrictions
Zheshang Broker primarily serves clients in the Asia-Pacific region, with a significant focus on Hong Kong and mainland China. The broker has established regional offices to enhance its service delivery and support for local clients.
However, certain countries are restricted from opening accounts with Zheshang, including regions with strict regulatory environments or those subject to international sanctions. The broker advises potential clients to verify their eligibility based on their location before attempting to register an account.
In conclusion, Zheshang Broker stands out as a versatile and reliable trading platform, offering a comprehensive range of services and products to both retail and institutional clients. With its strong regulatory framework, diverse trading options, and commitment to customer support, Zheshang continues to make significant strides in the competitive forex market.
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Latest Reviews
往日的回忆
Hong Kong
The platform brags about their teachers and asks clients to buy position largely without setting the stop-loss price.
Exposure
2020-02-22
FX2603304482
Hong Kong
I knew this platform accidentally. Though I have never traded before, I did made some money by trading stock with the help of the master. With his promise that I could make profits, even multiple within one week, so I said yes. He urged me to open an account as soon as possible. Having considered overnight, I opened an account and deposited a half of my savings these years, 340000 RMB, into the account. However, with the master’s several guidance,I made huge loss. He tried to comfort me and promised to earn my money back double. But I made a constant losses of 290,000 RMB within a week.The master didn’t give me a reasonable explanation but urged me to add fund to earn my losses back,which made me disilluded totally.Having refused to add more and stopped the trade, I was removed out of the group immediately. I tried to contact the master, got no reply, and was deleted and blacklisted by him later.
Exposure
2020-01-09
mirror image
Hong Kong
Zhejiang Commercial Futures was established in 1995, headquartered in Hangzhou, with a registered capital of 1.371 billion yuan. It is a state-owned holding enterprise under Zhejiang Provincial Transportation Investment Group. It has AA-level futures company qualifications and its comprehensive strength ranks among the top ten in the industry. The company's business covers commodity futures, financial futures, asset management, and risk management, and has 24 branches and 8 subsidiaries nationwide, forming a service network that radiates economically developed cities. As an industry benchmark, Zhejiang Commercial Futures is based on compliant operations and pays attention to risk management and technological innovation. Its independently developed "Enterprise Intelligence" digital platform provides full-process risk management solutions for physical enterprises through an investment research integration model, and its related achievements have won the Financial Technology Development Award. In terms of serving the real economy, the company has innovatively launched the "Insurance + Futures" model, providing more than 6 billion yuan in risk protection for farmers in 17 provinces, and helping optimize the industrial chain through mechanisms such as "delivery first, price later". At the technical level, Zhejiang Commercial Futures provides multiple trading systems, including the CTP system that supports high-frequency trading, options strategy tools, and mobile apps, to meet the needs of different investors. The research team covers fields such as energy, chemicals, and agricultural products, and has won the title of outstanding analyst team from the exchanges multiple times. In recent years, the company has won honors such as "Annual Excellent Futures Institution" and "Best Rural Revitalization Service Award", and was selected as a leading enterprise in the service industry in Zhejiang Province in 2024. It should be noted that Zhejiang Commercial Futures has been subject to regulatory penalties in the past due to system access management issues. However, it has gradually restored its industry position through strengthening risk control systems and compliance construction. Overall, with its state-owned background, professional research capabilities, and innovative services, it is suitable for investors who focus on risk control and industrial services. However, high-frequency traders need to pay attention to the cost structure of transaction fees.
37130
04-03