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About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

ShengTong

Belize Belize | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://www.shengtongfx.com/

Website

Rating Index

Contact

http://www.shengtongfx.com/
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Belize
Operating Period
5-10 years
Company Name
SHENG TONG Limited
旅行者2591

旅行者2591

Unverified

Hong Kong

The withdrawal of $300 hasn't arrived for nearly a year and the customer service just ignored me.

Exposure

旅行者2591

旅行者2591

Unverified

Hong Kong

The fraud platform, together with its teacher, induced you to deposit fund and gave order recommendation, showing fake screenshot of profits. Take heed on it. The teacher has continued to cheat after changing the name into Kuang Long.

Exposure

浩瀚星空

浩瀚星空

Unverified

Hong Kong

The customer service claimed that they are the Chinese agent of Sheng Tong Group and their company was located in Bingjiang district, Hangzhou. I deposited $10000 the platform provided $10000 for asset management. On October 18th, there was only $4110 left in my account and I wanted to make a withdrawal. The customer service Xiaoxiao refused and kept me waiting to December 10th. But the withdrawal applied on 16th is still unavailable. The customer service blocked me and no one responded in the so-called “Teacher Tang real-time market V”.

Exposure

句末落點。

句末落點。

Unverified

Hong Kong

The withdrawal applied on November 22nd is unavailable, while the amount was deducted from my account. The customer service keeps holding off time. The teacher Tang has even blocked me. I was mad since they were my hard-earned money. The gang of Tang are fraudsters.Hope you avoid such scams.

Exposure

LanQ88666

LanQ88666

Unverified

Hong Kong

On July 25 this year, someoneadded me through Wechat. At first I thought it was one of my friends and passed the request. I learned through chat that this netizen is doing financial investment. Recently, she invested in this platform and had earned more than 300,000 RMB a month. She said it is a good way to make money and wanted to invite me to participate.At first I didn't believe it and paid no attention to her. Later in a long time, this netizen kept sending posts of traveling, food, etc., in Wechat moments. She told me that the reason for her traveling everywhere is the money she earned through investment, occasionally, she would also send me some screenshots of making money. She has a tongue in her head. We became friends unconsciously then. Later, she invited me to join in the investment . I agreed and invested at the very day. She then invited me to a group, where there is an investment advisor who teaches everyone how to operate. Many people in the group said they are making money. I felt something abnormal which I was reluctant to believe subconsciously. Additionally, whenever I made a loss, the salesman and order-recommendation teacher of the platform would talk nonsenses on terminology and urge me to add fund gain more profits than losses. I deposited over $180,000 in total. After making a loss of $90,000 yuan, my remaining $80,000 was in the status of closed position. The analyzer even wanted me to add $100000. I was really mad since they just talked the talk.

Exposure

爱琴海7426

爱琴海7426

Unverified

Hong Kong

In August, 2019, I was pulled into a group, in the recommended stock and strategy was accurate.Many claimed that they were profiting by following the teacher.In September, they appealed us to join their real-market group.After consideration, I deposited $10000 and handled it to teacher Tang with profit 20%-80% divided.In the first week, I just profited $1000 or so.On the night of November 27th, with teacher giving adverse recommendation, I placed 9 orders of crude oil and lost all, thus losing over $19000 overnight.The assistant has never applied to me.It was my true experience.Please be wisely.Don’t be cheated.

Exposure

爱琴海7426

爱琴海7426

Unverified

Hong Kong

I was induced to deposit in the platform.By account trusteeship, I made a loss of over $9000.The remaining $1000 is unavailable.Scam platform covets my hard-earned money.

Exposure

博仁

博仁

Unverified

Hong Kong

The withdrawal,I applied for on August 1st,hasn’t been received yet.Shengtong shirked the responsibility with kinds of reasons and didn’t reply.Watch out this fraud platform.

Exposure

8
Verified Site
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Wiki Q&A
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Official Website

Verified Site

  • shengtongfx.com
    47.244.10.238
    Server Location
    Hong Kong Hong Kong
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Relationship Map

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ShengTong

Related Companies

SHENG TONG LIMITED(Belize)
Belize
SHENG TONG LIMITED(Belize)
Suspended
Belize
Registration No.RA000693_171574
Est. Date
SourceOfficial Statement

Company Profile

Company Profile

Review summary

Note: 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.

ShengTong 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.

Is ShengTong Legit?
Is ShengTong Legit?

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.

Negative ShengTong Reviews on WikiFX

As of now, there are 8 pieces of ShengTong exposure in total.

Exposure. Cannot withdraw & Scam

ClassificationUnable to Withdraw/Scam
Date2019-2020
Post CountryHong 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.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is ShengTong safe and reliable?

ShengTong cannot be considered safe or reliable for traders. According to WikiFX data, the broker has received a critically low overall risk score of 1.58 and holds no valid regulatory licenses from any recognized global authority. This presents a significant lack of oversight and investor protection. Trading with an entity that lacks credible regulation involves substantial financial risk.

In a week
United States

Is ShengTong regulated?

No, ShengTong is not regulated. The entity, SHENG TONG Limited, is registered in Belize but does not hold any valid forex trading licenses from reputable financial authorities. The WikiFX assessment indicates its regulatory index is 0.0, confirming an absence of credible oversight, which is a primary factor contributing to its high-risk profile.

In a week
United States

What is the minimum deposit of ShengTong?

Specific minimum deposit requirements for ShengTong are not publicly disclosed on its official channels or readily available from standard industry data. This lack of transparency regarding fundamental account terms is atypical for established brokers and can be a concern for prospective clients.

In a week
United States

Does ShengTong support MT4 or MT5?

Information regarding the trading platform(s) offered by ShengTong, including whether it supports MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not publicly disclosed. Reliable brokers typically advertise their platform partnerships clearly, and the absence of this information adds to the overall opacity surrounding its operations.

In a week
United States
View More

User Comments8

All (8) Exposure (8)
LanQ88666
LanQ88666
6-10 years
Exposure
Unavailable withdrawal and huge losses caused by the teacher.
On July 25 this year, someoneadded me through Wechat. At first I thought it was one of my friends and passed the request. I learned through chat that this netizen is doing financial investment. Recently, she invested in this platform and had earned more than 300,000 RMB a month. She said it is a good way to make money and wanted to invite me to participate.At first I didn't believe it and paid no attention to her. Later in a long time, this netizen kept sending posts of traveling, food, etc., in Wechat moments. She told me that the reason for her traveling everywhere is the money she earned through investment, occasionally, she would also send me some screenshots of making money. She has a tongue in her head. We became friends unconsciously then. Later, she invited me to join in the investment . I agreed and invested at the very day. She then invited me to a group, where there is an investment advisor who teaches everyone how to operate. Many people in the group said they are making money. I felt something abnormal which I was reluctant to believe subconsciously. Additionally, whenever I made a loss, the salesman and order-recommendation teacher of the platform would talk nonsenses on terminology and urge me to add fund gain more profits than losses. I deposited over $180,000 in total. After making a loss of $90,000 yuan, my remaining $80,000 was in the status of closed position. The analyzer even wanted me to add $100000. I was really mad since they just talked the talk.
Exposure

Hong Kong

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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com