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Franko Knavs
Within 1 year

Is PACSHK a safe platform to use for trading?

Broker Issues
Ping An Securities (Hong Kong)
Regulation
08-02
United States
WikiFX
Reply

PACSHK is a safe platform to use for trading, particularly for futures and asset management services, as it is regulated by the Securities and Futures Commission (SFC) of Hong Kong. Being under the oversight of the SFC provides a layer of protection for investors, as the SFC enforces strict standards for financial institutions in Hong Kong. This regulation ensures transparency, accountability, and proper risk management within PACSHK’s operations. However, the revocation of its Securities Dealing License is an important factor to consider. While PACSHK continues to be regulated for futures trading, investors should be cautious when considering investments in securities, as they no longer have the same level of protection for those products. For users accessing PACSHK login or trading on the PACSHK platform, it’s important to understand the regulatory status and to only engage in futures and asset management products that fall under the SFC’s regulatory umbrella.

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