Score

1.58 /10
Danger

HONGKONG

Hong Kong

5-10 years

Suspicious Regulatory License

Suspicious Overrun

High potential risk

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Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index7.54

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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40G

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Warning: Low score, please stay away! 4
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The China Hong Kong SFC regulation (license number: ACT373) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

HONGKONG · Company summary

Note:HONGKONG's official website:http://www.hnahki.com/index.aspx?language=eng is currently inaccessible normally.

AspectInformation
Company NameHONGKONG
Registered Country/AreaHongKong
Founded Year1994
RegulationUnregulated
Customer SupportPhone:852 2853 8000, Email:hkics@hnair.com

HONGKONG Information

Founded in 1994, Hongkongong is a Hong Kong-based firm. In its field, it runs unbridled by control. The company offers email at hkics@hnair.com and phone customer service at 852 2853 8000.

HONGKONG Information

Is HONGKONG Legit or a Scam?

HONGKONGhas been marked as a “Suspicious Clone” by SFC, indicating high risks such as fund fraud and false advertising.

Is HONGKONG Legit or a Scam?
Securities and Futures Commission of Hong Kong(SFC)
Current StatusSuspicious clone
Regulated bySFC
License TypeDealing in futures contracts
License No.ACT373
Licensed InstitutionHong Kong International Futures Limited
Is HONGKONG Legit or a Scam?
Securities and Futures Commission of Hong Kong(SFC)
Current StatusSuspicious clone
Regulated bySFC
License TypeDealing in security
License No.AAB856
Licensed InstitutionHong Kong International Securities Limited
Is HONGKONG Legit or a Scam?
Is HONGKONG Legit or a Scam?

Downsides of HONGKONG

Operating without regulatory control means Hong Kong might not be constrained by conventional wisdom protecting customer interests. Consumers run dangers include less strict protection of their personal and financial data and poor access to disputes.

Without oversight, government entities do not frequently audit and examine the financial operations and stability of the firm. This can lead to maybe unstable financial management and more risk for individuals and business partners.

Conclusion

All things considered, dealing with an unregistered broker like HONG Hong exposes some hazards. Lack of control could result in problems with information and money security, therefore compromising user transaction safety. Users should thus be advised to select regulated brokers who provide openness in their activities. Such brokers can increase users' confidence in their trading activity and offer extra defensive actions.

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