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As an experienced forex trader, I have always considered proper regulation a cornerstone of fund safety, so I pay close attention to how brokers present their regulatory credentials. With ZHONGYANG, I see they are registered in Hong Kong and claim licensing under the Securities and Futures Commission (SFC). On the surface, being regulated in a highly regarded financial hub like Hong Kong should be reassuring, as the SFC is known for strict oversight, which in theory helps protect client interests by enforcing standards such as segregation of client funds, periodic audits, and transparent operations. However, when I look more deeply, ZHONGYANG’s licenses are flagged as “exceeded” and described as “suspicious clones.” This means their claimed regulatory cover may not be valid or could even be misleading. In my experience, such red flags undermine regulatory safeguards that would normally help secure trader funds—for example, measures ensuring your account is separate from company assets or that you have recourse in case of disputes. The lack of verifiable, active SFC licensing makes it much harder to trust their internal controls or promises regarding fund security. For me, this uncertainty presents a risk I wouldn’t ignore. Therefore, based on what I’ve seen, I caution against expecting effective regulatory protection for your deposits at ZHONGYANG.