Jezreel2 
1-2 years
Does ShenYin & WanGuo have any downsides?
Broker Issues
Regulation
08-04
United States
WikiFX
Reply
A major downside is that ShenYin & WanGuo’s services are predominantly focused on the Chinese domestic market. This restricts access for international traders who may be looking to trade global futures or foreign exchange markets. Additionally, while the broker offers various instruments, the complexity of the fee structure can be a challenge for traders, especially for those who are not familiar with Chinese futures trading. From my experience, these limitations make it less appealing for traders looking for a broader international market or simple fee structures.
Similar Questions
Is UbitMarkets regulated?
Tom Rossito - Toronto 
02-17
What are the pros of UAG Markets?
Tom Nalichowski 
07-09
Is PIPWISE legit?
ryad22 
07-11
What are the pros and cons of IBF Securities from my perspective?
Elio Matacena 
08-07
What key risks or drawbacks should I consider before deciding to use H.H. Misbah Securities?
gnsrael 
08-16