Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Tomas
Within 1 year

Given your research and feedback from users, how credible do you believe ZHONGYANG actually is?

Broker Issues
ZHONGYANG
Regulation
08-11
United States
WikiFX
Reply

In my experience as a trader, credibility is absolutely vital when selecting a broker, and my review of ZHONGYANG highlights some substantial concerns. Although ZHONGYANG has been operational for 5–10 years and claims regulation under Hong Kong’s SFC, I noticed their licenses are marked as “exceeded” and “suspicious clone.” This strongly suggests the possibility that the broker may not currently possess genuine, effective regulatory oversight. For me, this immediately signals a medium to high risk, as authentic licensing is the primary factor I rely upon for fund security and dispute resolution. Another major issue is the suspicious scope and overrun of business cited against ZHONGYANG and its associated entities. As someone who prioritizes strict compliance and transparency, any suggestion of regulatory irregularities is something I approach with utmost caution. Additionally, I observed feedback from at least one user mentioning account access being changed without permission, leading to significant losses—a scenario that further undermines trust. While ZHONGYANG does offer access to global securities and futures markets and responsive customer service, the risks stemming from questionable licensing and user reports of problematic conduct outweigh these positives. Personally, until I see clarity regarding their legal status and a clean regulatory record, I would avoid entrusting substantial funds or sensitive information to ZHONGYANG. In the world of trading, a conservative, evidence-based approach to broker selection is, in my view, always warranted.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com