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No Regulation
Score
1.55 /10
Danger
ShengTong
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 8
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.33
Risk Management Index0.00
Software Index4.00
License Index0.00
The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
3
Previous Detection :
2025-05-08
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
WikiFX Verification
Exposure
8 pieces of exposure in total Pyramid scheme complaint
ExposeNote: ShengTong's official website: http://www.shengtongfx.com/ is currently inaccessible normally.
ShengTong Information
ShengTong is an unregulated brokerage company registered in Belize. The broker engages in various trading instruments investments including forex, metals, crude oil, international stocks, indices, and ETFs. While the broker's official website has been closed, so traders cannot obtain more security information.
Is ShengTong Legit?
ShengTong is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with ShengTong.
Downsides of ShengTong
- Unavailable Website
ShengTong's website is currently inaccessible, raising concerns about its reliability and accessibility.
- Lack of Transparency
Since ShengTong does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.
- Regulatory Concerns
ShengTong is not regulated, which is less safe than a regulated one.
- Withdrawal Difficulty & Scam
According to a report on WikiFX, users encountered significant difficulties with withdrawal difficulty & scams. The issue remained unresolved despite the request being pending for a long time.
Negative ShengTong Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are 8 pieces of ShengTong exposure in total.
Exposure. Cannot withdraw & Scam
| Classification | Unable to Withdraw/Scam |
| Date | 2019-2020 |
| Post Country | Hong Kong, China |
You may visit: https://www.wikifx.com/en/comments/detail/202012061292641749.html
https://www.wikifx.com/en/comments/detail/202005084352134669.html https://www.wikifx.com/en/comments/detail/201912221702466497.html.
Conclusion
ShengTong Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that this brokers trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.
8
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