Voices of the Golden Insight Award Jury | Hawk Cheng, Director of Plotio Financial Group

The “WikiFX Golden Insight Award” is dedicated to uniting industry forces to jointly build a safe and robust forex ecosystem, driving industry innovation and sustainable development. Now it launches a brand-new interview series — “Voices of the Golden Insight Award Jury”. Through in-depth interviews with authoritative jury members, this series will explore the future landscape of the forex industry and the shared mission of industry elites in enhancing innovation, compliance, and sustainable development.

This interview features Hawk Cheng, Director of Plotio Financial Group – a visionary and ambitious executive in the financial industry with over 25 years of distinguished leadership experience. His expertise spans multiple sectors including finance, derivatives/CFDs, securities, logistics, and cross-border investment.

As a leader who combines strategic thinking with execution capabilities, he integrates Western strategic management concepts with profound insights into Asian markets. Across global financial centers like London and Hong Kong, as well as the most dynamic markets in Southeast Asia such as Thailand, Vietnam, Malaysia, Indonesia, Laos, and Cambodia, he consistently drives business growth with highly efficient and precise strategic execution.

Part 1: Practices for Promoting Transparency and Sustainable Development in the Forex Market

Q1. Having expanded business in multiple emerging markets, how significant do you believe the influence of local culture, policies, and regulatory environment is in shaping awareness of forex trading safety?

Hawk Cheng: Traders‘ risk appetite and trading habits are often driven by local cultural values. For instance, in regions that prioritize long-term stable returns, traders tend to prefer low-risk trading strategies, whereas in areas with higher risk tolerance, such as some Southeast Asian markets, high-leverage trading is more popular. Regarding policies and regulation, transparent and stringent regulatory frameworks can significantly enhance traders’ safety awareness. Certain regions have detailed financial management policies governing capital flows, which greatly reduce market uncertainty. In contrast, markets with weaker regulation can easily become breeding grounds for high-risk trading.

Taking Plotio as an example, our group provides products and services tailored to clients with varying levels of financial knowledge and risk tolerance. When expanding into emerging markets, we consistently advance both local compliance and trader education simultaneously. We strengthen trading safety awareness through collaborations with compliance institutions and hosting educational seminars, among other methods. Our overall strategy premise is ensuring traders fully understand trading risks and establish correct perceptions before driving business development forward.

Q2. In which areas of the current financial trading market mechanism do you believe “information asymmetry” is most likely to occur? What measures has your company implemented to increase information transparency?

Hawk Cheng: “Information asymmetry” in trading markets primarily concentrates on the following areas:

1. Pricing Mechanisms: Some brokers may offer non-transparent spreads and commissions, preventing traders from accurately assessing transaction costs.
2. Market Depth: Traders often struggle to access real liquidity information, especially during periods of high volatility.
3. Trading Risks: Many traders lack a clear understanding of the high-leverage nature of trading, easily underestimating potential risks.

To address these issues, Plotio benchmarks against the best practices of major international financial institutions and enhances information transparency through the following initiatives:

• Real-time Data Sharing: Providing transparent trading spreads, commissions, and market depth data to ensure clients clearly understand trading costs.
• Educational Support: Popularizing knowledge of trading mechanisms and risk management through online learning platforms and seminars.
• Compliance Review: Cooperating with globally leading audit and regulatory bodies to ensure trading processes comply with international standards.

Plotio also employs innovative trading platforms, such as the all-in-one Plotio APP, which provides clients with detailed market depth and price movement information, helping users stay informed of market dynamics promptly. Furthermore, through knowledge and resource sharing, we convey comprehensive market insights to clients and partners, reducing potential risks arising from information asymmetry.

We also assist clients in gaining deeper market understanding and formulating effective trading strategies through the following key services:

• ZhiSheng Analysis: Provides professional market analysis and trend interpretation to help clients seize trading opportunities.
• News Alerts: Keeps clients abreast of important global financial news in real time, enabling them to react swiftly to market changes.
• Economic Calendar: Covers key data releases and event reminders for major global economies, providing a basis for client decision-making.
• Trading Strategies: Shares leading trading strategies and operational suggestions to help clients optimize their trading portfolios.
• Thematic Discussions: In-depth analysis of hot market topics, offering clients unique perspectives and insights.
• Expert Columns: Gathers views and experiences from industry experts to help clients broaden their trading mindset.

Through these multi-dimensional services, Plotio is committed to enhancing clients competitiveness in trading and promoting industry transparency and professional development.

Q3. How do you believe brokers should integrate the concept of “sustainable development” into their actual operations?

Hawk Cheng: The responsibility of brokers regarding sustainable development is mainly reflected in the following aspects:

Environmental Protection: Reducing the use of paper documents and lowering carbon emissions through digital transformation.

— Plotio has already adopted green procurement of cloud resources and reduced unnecessary high-frequency computing resource waste.

Social Responsibility: Enhancing financial inclusivity, enabling more marginalized groups to participate in financial markets, thereby boosting overall economic vitality.

— Plotio also implements trader protection and financial literacy education; providing additional risk control education and support for vulnerable and high-risk groups.

Governance Structure: Establishing transparent and efficient internal management processes to ensure compliant operations.

— Establishing risk and compliance management, promoting the “Three Lines of Defense” (business, risk/compliance, internal audit) and maintaining cross-border policy consistency.

In the future, Plotios investment in the “green finance” field will set a benchmark for the industry and contribute to global sustainable development. We also actively respond to the “Sustainable Development Goals” (SDGs) by optimizing the energy consumption of trading systems and launching educational public welfare projects, integrating the concept of sustainable development into actual operations.

Part 2: The “WikiFX Golden Insight Award” Sets Benchmarks and Builds Trust in the Forex Industry

Q1. In your opinion, can the “WikiFX Golden Insight Award” further enhance industry transparency and overall credibility, thereby protecting the vast number of traders?

Hawk Cheng: The “WikiFX Golden Insight Award,” on one hand, focuses on identifying industry best practices, setting benchmarks for other professionals. On the other hand, through its selection mechanism, it can effectively increase market participants trust in the trading environment, indirectly reducing the risk of information asymmetry.

Q2. As a professional jury member for the Golden Insight Award, what expectations and suggestions do you have for the participants?

Hawk Cheng: As a representative of the jury, we expect participants to strike a balance between innovation and stability, not only providing forward-looking technological solutions but also steadfastly adhering to compliance bottom lines, thereby shaping a positive industry image.

Q3. What role do you believe WikiFXs products and services play in enhancing industry transparency and standardization?

Hawk Cheng: WikiFX, as an internationally influential forex information platform, significantly enhances industry transparency and standardization by providing traders with verifiable broker information through public regulatory data and risk model analysis. Its risk control database and credit rating mechanism establish a cornerstone of trust for the global financial industry, aiding the trading environment‘s development towards greater openness and stability. This technology-driven governance framework resonates with the “compliant, transparent, responsible” principles pursued by mainstream international banks and financial institutions, reflecting the industry’s trend towards maturation.

About the Golden Insight Award

As the worlds prominent forex ecosystem service platform, WikiFX has been deeply rooted in the industry for over a decade and has become a technology-driven leader in forex investment security. To recognize the efforts of forex professionals in building a healthier industry ecosystem, we are proud to present the “WikiFX Golden Insight Award.”

The Award unite regulatory bodies, brokers, IBs, KOLs, industry media, service providers, and other forex industry professionals to jointly foster a global healthy forex ecosystem and recognize industry elites for their outstanding contributions.

Uniting industry forces to build a safe and healthy forex ecosystem. Together, let's foster a more transparent, secure, and sustainable forex industry. Click the link to view real-time rankings & vote. https://goldeninsight.wikifxact.com/en/