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In my experience as a trader, I know how critical it is to understand a broker’s regulatory standing before committing funds or executing trades. For CENTRAL, the situation is complex and requires extra caution. The company is associated with two regulatory licenses under the oversight of the Hong Kong Securities and Futures Commission (SFC): one for dealing in futures contracts and the other for dealing in securities. However, the license permitting futures contract trading has been revoked—meaning CENTRAL is no longer authorized for that activity in Hong Kong. This alone raises a significant red flag for me, as the loss of regulatory approval, especially in a jurisdiction as stringent as Hong Kong, signals potential compliance or operational challenges. Regarding their securities dealing license, it's described as “Exceeded,” which is not a standard or transparent regulatory status. That lack of clarity about the exact implications is concerning, as it could indicate CENTRAL may have breached certain limits or requirements, but without specific details, I find it impossible to assess whether client interests are adequately protected. While CENTRAL does list the SFC as its regulatory authority for securities dealing, these irregularities make me very cautious about considering them a fully “regulated” option in the way most of us would expect. For me, transparent, clean, and current regulatory status is non-negotiable, and I recommend anyone considering CENTRAL seek direct clarification about their license status before moving forward.