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Regarding the legitimacy of SHENGHUI forex brokers, it provides a comprehensive investigation into the security aspects of regulatory ASIC, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Business

Influence E

License

ASIC Revoked

Is SHENGHUI safe?

The regulatory license is the strongest proof.

AR

ASIC Appointed Representative(AR)

Australia Securities & Investment Commission

Australia Securities & Investment Commission

Regulatory Agencies Introduction
  • Current Status:

    Revoked
  • License Type:

    Appointed Representative(AR)
Licensor:
HLK GROUP PTY LTD
Australia ASIC STP
  • Licensed Institution:

    SHENGHUI GROUP CAPITAL PTY LTD SHENGHUI GROUP CAPITAL PTY LTD
  • Effective Date:

    2021-11-04
  • Email Address of Licensed Institution:

    jason@hlkgroup.com.au
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    2022-08-04
  • Address of Licensed Institution:

    240 350 Victoria St Richmond VIC 3121
  • Phone Number of Licensed Institution:

    1300 669 605
  • Licensed Institution Certified Documents:

11 name

Is SHENGHUI a scam, or is it legit?

The latest exposure and evaluation content of SHENGHUI brokers.

SHENGHUI company does not exist now. It was able to escape.
The company name has changed and I can't even log in. Worst company ever. run away with money.
No withdrawals, keep asking for money
I recently invested in a platform, ID: 210881. People I met on the Internet asked me to participate in their activities, with a stored value of 300,000 US dollars and a gift of 33,000 US dollars. He said that he would help me to complete it together. At that time, the activity content did not explain the activity After I completed the stored value task with my friends, the customer service staff said: "There are multiple three-party cross-border fund deposits in your account, the total amount is: 259,000 USD. According to the International Financial Management Regulations, you need to pay 5% of the funds. The total amount of income tax is: 12950USD. Please complete the payment within 7 working days after applying for withdrawal. After payment, you can withdraw normally. Overdue payment will result in a high late payment fee, which will affect your financial reputation. Please pay taxes on time! "According to Taiwan's normal, the tax is directly deducted and then the remaining money is given (and I also checked the Internet), so I asked to deduct the tax from it, but the customer service staff said: "We are a legal transaction with a formal financial license. It is strictly regulated by international financial management regulations, any deduction of funds from user accounts will be severely punished by financial regulatory authorities or even revoked financial licenses, so we have no right to deduct taxes from your account.” In desperation, I only I can pay the tax, and I also asked the customer service if this is the only payment. The customer service also said yes. After paying the tax, the customer service staff said that the headquarters thought I was suspected of money laundering, but after investigation I did not launder money, but it damaged their reputation. The fine is 10,000 dollars. The problem is that the rules of the game were not informed at the beginning, and then they said that I damaged my reputation, and I couldn’t show the proof of damage to my reputation. I don’t know how the fine is calculated. What reason would I use to keep asking me to pay and not withdraw it, and then the netizen kept asking me to put money in, with a little threat, but when I really had no money and was unwilling to invest any more, others followed suit. Disappeared, I hope you will not be deceived like me again
Blocked after complaint
I complained that the deposit was not paid, and the other party replied: "The person in charge of the company has paid attention to the withdrawal incident and has notified the legal department of the company to conduct a thorough investigation. Please wait for the investigation result of the legal department." The next day I was blocked by the customer service...! ? Is this the result of the investigation given by the other party?
The withdrawal was refused.
After the bonus campaign on June 30th, I can no longer contact Japanese support LINE: FX-Shenghui. Even if I send a talk, it will not be read. Under such circumstances, I requested withdrawal, but I received an email refusing to withdraw. There is no reason. Even if I talk to HELP LINE, I do not receive any reply. I'm not convinced. Please let me withdraw the deposit, if not the full amount.
The platform keeps delaying and do not withdraw
On March 29, the platform failed to remit funds because of the wrong bank code. The platform told me that it would take 30 to 50 days to unfreeze funds. On May 4, I asked the platform again, and the platform told me that there were 75 days left. I asked the platform at that time, and didn't I say 30 to 50 days! The platform told me that the time limit was 90 days! On July 3, I asked the platform again, and the platform told me that there were 28 days left, but on August 1, the platform told me that because of my lawsuit, I was asked to inquire by myself, but I had no lawsuit at all! The platform doesn't want to withdraw at all!
I never meet someone who can sweettalk like them.
I will not in any way allow these criminals to con any more people. I was enticed to invest with SHENGUI by their numerous advertisements, which they bombarded me with daily until I made a sizable amount. They acknowledged receiving my $75000 via Bitcoin , but insisted it never appeared on their end.there was no way for me to demonstrate that they had truly received that payment. The fact that SHENGUI is regulated should not be a source of comfort; rather, it begs the issue of how they have gotten away with deceiving their customers for so long. SHENGUI trades against us and has the ability to manipulate prices.
Do not withdraw and requires partners to pay handling fee
Shenghui group does not allow withdrawals! It is said that my personal account can only be withdrawn after the teammates who have participated in the teammate's activities have paid the deposit! In June, a total of 50W Hong Kong dollars was deceived into gold. When I applied for a withdrawal for the first time, the customer service asked me to transfer 10W Hong Kong dollars to ensure that it could be unblocked! But after turning 10W, it was said that teammates also need to pay a deposit to unfreeze! This company is 100% a capital company, and I hope that Forex Tianyan will seriously handle the affairs of this platform! Let all investors no longer be defrauded by this platform! I don't want to take out all the money, at least take out my principal to pay off the debt I owe the bank now! The following are scam calls: 91579767 64324185 21580625
Want to withdraw 6999usdt
I join the membership around March and I have no problem to withdraw during this period. But when I withdrew last week, I cannot. The customer service said that I have not reached the standard cash flow to withdraw and I can apply for another withdrawal 30 days later. I do not why I have this problem this time
SHENGHUI's latest industry rating score is 1.43, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. SHENGHUI If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.