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HK South China International

Hong Kong|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.scforex.hk/scyw/

Website

Rating Index

Contact

service@scforex.hk
https://www.scforex.hk/scyw/

Licenses

No valid regulatory information, please be aware of the risk!

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Broker Information

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Company Name

Hong Kong South China International Co.,Limited

Company Abbreviation

HK South China International

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-02-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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HK South China International · Company Summary

Note: For some unknown reason, we cannot open HK South China Internationals official site (https://www.scforex.hk/scyw/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.

General Information & Regulation

HK South China International, a trading name of Hong Kong South China International Co.,Limited, is allegedly a financial services company incorporated on 2020-03-28 in Hong Kong that claims to provide its clients with the leading MetaTrader5 trading platform.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.

As for regulation, it has been verified that HK South China International does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.38/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

HK South China International advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.

Trading Platform Available

The platform available for trading at HK South China International is the worlds most widely used MetaTrader5. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Customer Support

HK South China International‘s customer support can be reached by email: service@scforex.hk. Company address: Zhong Zhang Kee Building, Des Voeux Road, Central and Western District, Hong Kong. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

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