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Does Shenzhou Capital charge a commission for each lot traded on their ECN or raw spread accounts?

Broker Issues
Shenzhou Capital
Fees and Spreads
02-01
United States
WikiFX
Reply

In my evaluation of Shenzhou Capital, I noticed that the available information around commissions is not entirely transparent or detailed across all account types. However, when looking closely at their account structures, I found that for at least one environment—presumably their version of a raw spread or ECN-style account—a commission of $5 is specified. This aligns with what I have seen from other brokers who offer lower spreads with a direct commission-per-lot model; it’s common industry practice. Notably, Shenzhou Capital presents several account options, some with higher minimum deposits and tighter spreads. But I would personally exercise particular caution due to the overall lack of valid regulatory information and other risk warnings. Without robust oversight, there’s always a heightened risk of unfavorable changes to fees—or worse—so I avoid making significant commitments with brokers in similar positions. For me, clear, consistent disclosure about commissions is critical for trust. While Shenzhou Capital does mention a $5 commission in certain conditions, I am careful not to assume this applies universally to all their ECN or raw spread accounts, given the inconsistent detail across their advertised accounts. For anyone considering them, I recommend confirming exact fee structures directly with the broker before proceeding, as unpredictability around costs can pose significant financial risks.

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