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Speaking from my experience as an independent trader, the regulatory oversight provided by the Securities and Futures Commission (SFC) in Hong Kong plays a meaningful role in safeguarding client funds at Pictet. For me, knowing that Pictet holds a “Dealing in futures contracts” license means the firm must adhere to specific financial and operational standards set by the SFC. This regulatory framework is designed to ensure that client assets are handled with transparency and care, helping protect investors from potential mismanagement or malfeasance. In practice, this oversight means Pictet is subject to regular audits, compliance reporting, and capital adequacy requirements. From my viewpoint, these external checks and standards provide a degree of reassurance, as they reduce the risk of the broker operating outside established rules or mishandling funds. The fact that Pictet has been operating for more than 20 years and is recognized for its mature risk management capabilities further strengthens my trust in their operational stability. Still, while SFC regulation is a valuable layer of protection, I always remind myself that no regulatory system is entirely foolproof, and risks inherent to trading and brokerage relationships can never be fully eliminated. However, for me, choosing a broker with SFC oversight like Pictet means taking a responsible step toward mitigating unnecessary risks in fund safety.