Global Broker Regulation Inquiry App
WikiFX
RichN
1-2 years

How do the different account types provided by First Shanghai compare to one another?

Broker Issues
First Shanghai
Account
Platform
Instruments
Leverage
08-13
United States
WikiFX
Reply

Based on my experience and research, First Shanghai does not publicly list distinct forex account types in the way many international brokers do. Unlike some platforms that clearly separate accounts by features such as minimum deposit, spreads, or leverage, First Shanghai appears to focus primarily on broad financial services—particularly Hong Kong and international stocks, futures, commodities, and related investments. I was unable to find detailed segmentation like standard, ECN, or demo accounts. From a cautious perspective, this lack of transparency makes it difficult to directly compare specific account offerings for trading forex or CFDs specifically. The available information instead emphasizes a comprehensive service suite, including margin financing, custodian functions, IPO subscriptions, and nominee services, under a regulated environment overseen by Hong Kong’s Securities and Futures Commission. While this regulatory oversight gives some reassurance regarding client protection, the absence of clear account types and detailed conditions (such as minimum deposits or fee structures) means I could not make the granular comparisons I can with other brokers I have evaluated. As someone who values detailed, upfront information when choosing where to place funds, I would recommend reaching out to First Shanghai directly for a full breakdown of account features before making any decisions. For me, understanding exactly what each account entails is essential before committing significant capital.

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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