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In my experience as a trader, when evaluating a broker like ZHONGYANG, a few risks immediately stand out that I cannot overlook. The most pressing concern is their regulatory situation. Although they claim SFC licenses in Hong Kong, these are reported as either “exceeded” or “suspicious clone” licenses. For me, this strongly signals the potential for regulatory and operational risks—proper, verifiable regulation is a hard requirement for my trading safety. Without genuine oversight, there’s far less recourse if something goes wrong. Beyond this, I’m concerned by the limited transparency in some of their operational areas. There’s no public information about minimum deposit requirements, and banking is the sole funding method. This lack of flexibility and detail can complicate both funding and withdrawals, especially if issues arise. According to their listed procedures, withdrawals involve manual requests and even faxes, which feels outdated and increases the chance of delays or errors. I also noticed a lack of information about demo accounts and major trading platforms—ZHONGYANG only offers its own Yisheng Polestar system. As a trader, I value platforms with proven track records and robust support, so using a less-known proprietary system raises additional questions about reliability and user safeguards. Lastly, the only public user report I found described a serious incident involving alleged unauthorized account access and forced liquidation, which underlines trust concerns. For me, these combined risks mean I would approach ZHONGYANG with extreme caution and avoid committing significant funds before tangible, independent regulatory proof and more established client protections are demonstrated.