Sun Hung Kai never been well recognizable FX broker. However, I still trade with them for almost 2 years. Being honest, I have no issues from broker’s side. It’s a Chinese name but there are several languages support so you no need to worry about that. The biggest advantage is they have variety of tools and additional services. As a foreign customer, I have 4 currencies to choose from to make deposit. Broker was founded in 1969. So it’s old enough to have a solid reputation in global brokerage industry.
They claim that you never get re-quotes during working hours. Unfortunately, that is not as honest as it was said. When I make request to open position, i still have not instant execution. Bid and ask prices move between each request and next tick. After that, i have not accepted order and get another price by which i can buy or sell currency pair. In FAQ section on the website is clear statement that no re-quotes in volatile market. I can proof there are plenty of them. I loose opportunities to open positive trades that will bring me profit. Instead, you miss good prices and finally not enter the market because it's too late. No re-quotes mean no other price when you open position. But It’s not work this way with SHK Financial.
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Sun Hung Kai & Co. Limited (the "Company") is one of the leading financial institutions in Hong Kong with its foundation dating back to 1969. Listed on The Stock Exchange of Hong Kong Limited in 1983 (Stock Code: 86), the Company, through its subsidiaries, including Sun Hung Kai...
Regulation:Sun Hung Kai Financial trading information
Avoid like the plague! not regulated and removed from New Zealand register. warning from the FCA, FSMA,...Review rating
Execution is ok, as well as trading conditions, but withdrawal is just inconvenient. First of all, I must to close all my orders if I want to withdraw money. Sometimes I prefer to open a long-time deals, and at that time I can't to do anything with...Review rating
When I looked through the general information about the broker, I paid special attention to the negative reviews, it was very interesting what the clients wrote about the withdrawal, in the company's feedback there were very few negatives about the...Review rating
I opened the $50 account. I made $180 profit and traded 2.2lots. But when I try to withdraw my profit it says insufficient funds. what could be...Review rating
They have some nice ebooks and videos for free, good support...Review rating