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As someone who relies heavily on transparency and competitive fee structures when evaluating brokers, my assessment of CHINA SECURITIES is cautious. While CHINA SECURITIES does offer a broad array of financial services—from cash management and public funds to precious metals and cross-border investing—the available fee information immediately raised several red flags for me. Most notably, the broker charges what I consider to be unusually high financing and margin lending fees, with an 8.35% annual rate for financing and an 8.60% rate for margin (short selling). These rates are notably above the industry standard, which could significantly impact overall trading costs, especially for those who rely on leverage or hold positions for longer durations. In my review, I also found the lack of transparency concerning commissions and spreads to be deeply concerning. There is no publicly available data breaking down actual spreads on forex pairs or specifying commission structures for stock or derivative trading. As a trader, not having this information up front makes it difficult to accurately calculate trading costs and manage risk effectively. Such opacity, combined with their unregulated status, only adds to my wariness. From my experience, high trading fees and insufficient fee disclosure are clear signals to proceed with extreme caution. These factors, paired with limited regulatory oversight, suggest that CHINA SECURITIES may not be suitable for most risk-conscious traders, especially those prioritizing cost efficiency and transparency.