Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Tricia54
Within 1 year

Is it safe and legitimate to use CHINA SECURITIES as your trading broker?

Broker Issues
CHINA SECURITIES
Regulation
02-12
United States
WikiFX
Reply

Speaking from my own experience as someone who emphasizes security and regulatory oversight in all my trading relationships, I found some serious concerns when evaluating CHINA SECURITIES for brokerage services. Despite a long operational history in China and even being listed on public exchanges, the absence of any recognized financial regulatory authority overseeing their activities is a significant red flag for me. In forex and broader financial markets, regulation isn't just a formality—it's a critical safeguard that helps protect traders from unfair practices, financial mishaps, and possible fraud. The “no regulation” status here means that if any dispute or issue arises, I wouldn't have a credible external authority to escalate matters to or to safeguard my funds. Additionally, the cost of accessing their services appears quite high, with financing and short-selling fees well above the industry average. For me, high fees combined with little transparency on things like leverage, spreads, or even the fundamental trading conditions makes it challenging to objectively assess risk versus reward. While CHINA SECURITIES offers a diverse range of financial products and has solid technical platforms, I can't ignore the importance of regulatory security. I am always cautious when there is no clear oversight, especially in volatile markets. Personally, I would prefer other brokers with robust regulatory credentials, even if they carry fewer bells and whistles, because capital protection is non-negotiable for me.

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