SCFH Broker Review

　　

SCFH 2025 Review: Everything You Need to Know

　　Summary: The SCFH brokerage has garnered mixed reviews, with some praising its diverse range of financial services and regulatory compliance, while others express concerns over its abnormal regulatory status regarding leveraged forex trading. Key features include its Hong Kong base and a broad array of trading instruments.

　　Note: It's crucial to recognize that SCFH operates under different entities across regions, which may affect its regulatory status and offerings. This review aims to provide a fair and accurate assessment based on multiple sources.

　　

Rating Box

Category	Score (out of 10)
Account Conditions	6.0
Tools and Resources	5.5
Customer Service and Support	5.0
Trading Setup (Experience)	6.0
Trust Level	5.0
User Experience	5.8
Regulatory Compliance	4.0

　　We rate brokers based on user feedback, expert opinions, and factual data from reliable sources.

　　

Broker Overview

　　Founded in 1988, South China Financial Holdings Limited (SCFH) is a well-established financial services company based in Hong Kong. The firm operates under the Securities and Futures Commission (SFC) regulations, primarily dealing in futures contracts. SCFH offers a variety of trading services, including forex, commodities, and indices, but notably does not support popular trading platforms like MT4 or MT5. The broker is listed on the Hong Kong Stock Exchange, indicating a level of credibility in the financial market.

　　

Detailed Section

　　Regulated Regions: SCFH is primarily regulated in Hong Kong, where it is licensed to handle futures contracts. However, its license for leveraged forex trading has been revoked, which raises significant concerns regarding its operations in that area.

　　Deposit/Withdrawal Currencies: The broker mainly deals in Hong Kong dollars (HKD) for deposits and withdrawals, with no mention of cryptocurrency support in the available sources.

　　Minimum Deposit: The minimum deposit requirement is not uniformly reported across sources, but it appears to be around HKD 10,000, which may limit accessibility for new traders.

　　Bonuses/Promotions: No specific bonuses or promotional offers were highlighted in the available reviews, indicating a straightforward approach to trading without additional incentives.

　　Tradable Asset Classes: SCFH provides access to a range of asset classes, including forex, CFDs, commodities, and indices. However, the absence of popular trading platforms may deter some traders.

　　Costs (Spreads, Fees, Commissions): The broker's cost structure includes a commission charge for internet trading of 0.0588% (minimum HKD 50), with additional transaction fees. The complexity of this fee structure has been noted as a potential downside.

　　Leverage: While specific leverage ratios were not detailed in the sources, the revoked status of its leveraged forex trading license suggests that clients should exercise caution and verify current offerings directly with the broker.

　　Allowed Trading Platforms: SCFH does not support widely used platforms like MT4 or MT5, which may limit trading functionalities for many users accustomed to these tools.

　　Restricted Regions: There is no specific mention of restricted regions, but the regulatory environment in Hong Kong may influence its service availability in other jurisdictions.

　　Available Customer Service Languages: Customer support is primarily conducted in Chinese and English, aligning with its Hong Kong base.

　　

Repeat Rating Box

Category	Score (out of 10)
Account Conditions	6.0
Tools and Resources	5.5
Customer Service and Support	5.0
Trading Setup (Experience)	6.0
Trust Level	5.0
User Experience	5.8
Regulatory Compliance	4.0

　　

Detailed Breakdown

　　Account Conditions: SCFH's account conditions are reasonable but may not be competitive compared to other brokers. The minimum deposit requirement and lack of attractive bonuses could deter potential clients.

　　Tools and Resources: The broker's tools and resources are limited, especially with the absence of popular trading platforms. This could hinder the trading experience for users who rely on advanced charting and analysis tools.

　　Customer Service and Support: Customer support has received mixed reviews, with some users expressing dissatisfaction with the availability and responsiveness of the service.

　　Trading Setup (Experience): The trading experience is generally acceptable, but the lack of support for popular trading platforms could lead to a suboptimal trading environment for some users.

　　Trust Level: The trust level is questionable due to the revoked license for leveraged forex trading. This raises red flags for potential clients who prioritize regulatory compliance.

　　User Experience: Overall user experience is rated slightly above average, but the complexities surrounding fees and support could lead to confusion and frustration for new traders.

　　Regulatory Compliance: The regulatory compliance aspect is a significant concern, particularly regarding the revoked status of its leveraged forex trading license. Potential clients should conduct their due diligence before engaging with SCFH.

　　In conclusion, while SCFH offers a range of financial services, potential clients should consider the implications of its regulatory status and the limitations of its trading platforms. The SCFH review highlights both the strengths and weaknesses of the broker, making it essential for traders to weigh their options carefully before proceeding.