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As someone who prioritizes clarity and transparency in all aspects of my trading, the available information on First Shanghai's fee structure has proven rather limited and leaves important details unclear. Based on what I was able to confirm, First Shanghai is a well-established broker regulated by the Hong Kong Securities and Futures Commission, which gives me some assurance regarding standards of market conduct and the legitimacy of their operations. However, when I look for specifics on trading costs—such as commissions, spreads, or other associated fees—I find that this information is not disclosed publicly or in much detail. From my perspective, this lack of clarity is important to highlight, particularly because trading costs directly affect profitability and risk management. While First Shanghai offers access to a broad range of financial instruments including Hong Kong and overseas stocks, futures, commodities, and margin services, I was unable to find any published data on their website or through official sources outlining their commission rates, the typical spreads traders might encounter, or any additional maintenance or custodial fees. There is also no mention of account minimums or demo accounts for testing the fee structure before engaging real capital. Given such a conservative and cautious approach is best, I would recommend that prospective clients directly contact First Shanghai to request a full breakdown of all trading and account-related fees before making any funding decisions. In my experience, transparent and upfront disclosure of fees is crucial for fostering trust, and its absence is a point to consider carefully if cost predictability and planning are priorities for you.