WikiFX

Sagot

From my careful research and experience evaluating brokers, I have not found any clear or verifiable information regarding HUNGSING offering ECN or raw spread accounts, nor any transparent disclosure of commission fees per lot traded. In my practice as a trader, it's crucial to have access to this kind of information upfront, as knowing the exact costs is fundamental for risk management and strategy assessment. With HUNGSING, the lack of detailed data on account types and trading fees is concerning. The broker appears to primarily provide diversified financial services such as debt financing, IPO subscriptions, and asset management through their own "Hongsheng Securities" platform, on both web and mobile versions. However, there is no mention of standard forex account types like ECN or an explicit fee structure. Furthermore, regulatory issues have come to my attention: HUNGSING's securities dealing license has been revoked, and their futures contract license has been exceeded, both according to formal records. This regulatory status increases the overall risk, so I personally would be very cautious—especially since transparency about trading conditions is minimal. For me, the absence of a demo account, combined with regulatory red flags and no public clarity on commission fees or spreads, means I do not feel comfortable trading with HUNGSING or recommending it to others who prioritize robust oversight and cost transparency in their trading partners.