Home -

Main body -

WikiFX Express

TMGM

SHUN YUEN-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2026-04-20 22:24

Abstract：SHUN YUEN is an Australia-based global brokerage firm who offers CFDs on Currency Pairs, Cryptocurrencies, Precious metals, Commodities as its market instruments to traders. However, it is important to note SHUN YUEN currently has a revoked ASIC (Australia Securities & Investment Commission) license with number 001294993 which raises concerns when trading.

SHUN YUEN Review Summary
Founded	2022
Registered Country/Region	Australia
Regulation	Unregulated
Market Instruments	CFDs on Currency Pairs, Cryptocurrencies, Precious metals, Commodities
Demo Account	N/A
Leverage	Up to 1:500
Spread	Starts from 0.0 pips
Trading Platform	MT4
Min Deposit	N/A
Customer Support	Email: SUPPORT@SHUNYUENLTD.COM.
Customer Support	Address: 15F, BLOCK B,103 566 ST KILDA RD MELBOURNE VIC 3004.

SHUN YUEN Information

SHUN YUEN is an Australia-based broker offering CFDs on various assets like currency pairs, cryptocurrencies, precious metals, and commodities. However, it suffers from several drawbacks, such as a revoked ASIC license, a non-functioning website and questionable ethics.

Pros & Cons

Pros	Cons
A variety of financial instruments	ASIC regulatory status revoked
Low starting spreads (0.0 pips)	SHUN YUENs website can't be open
	Limited customer support (email and address only)

Is SHUN YUEN Legit?

SHUN YUEN is not regulated as its ASIC license has been revoked.

Regulatory Status	Revoked
Regulated by	ASIC
Licensed Institution	SHUN YUEN PTY LIMITED
Licensed Type	Appointed Representative(AR)
Licensed Number	001294993

What Can I Trade on SHUN YUEN?

SHUN YUEN offers CFDs on currency pairs, cryptocurrencies, precious metals, commodities.

Tradable Instruments	Supported
Forex	✔
Indices	❌
Shares	❌
Metals	✔
Commodities	✔
ETFs	❌
Crypto	✔
Bonds	❌
Futures	❌

Leverage

SHUN YUEN offers a maximum leverage of 1:500. Leverage can amplify profits but also increase losses.

SHUN YUEN Fees

The broker claims to offer low spreads starting from 0.0 pips.

Trading Platforms

Trading Platform	Supported	Available Devices	Suitable for which type of traders
MT4	✔	Windows, macOS, iOS, Android	Beginners and Intermediate Traders
MT5	❌	\	\

Deposits & Withdrawals

Deposit Options

Deposit Options	Min. Deposit	Fees	Processing Time
Bank Transfer	\	\	\

Withdrawal Options

Withdrawal Options	Min. Withdrawal	Fees	Processing Time
Bank Transfer	\	\	\

Leverage Broker Dealer Forex trading Forex Broker forex pips

Related broker

Not Regulated

SHUN YUEN

Company name：SHUN YUEN LIMITED

Score

1.49

2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.49

MT4 White Label Cost in 2026: What Brokers Must Budget Beyond the Platform Fee

The visible fee in an MT4 white label proposal is rarely the real cost of operating it. For an existing broker, the decision is not simply whether an MT4 white label platform is “cheap” or “expensive.” The real question is whether the commercial model remains viable after integration, support, data, client migration, compliance, and exit costs are included. That is why an MT4 white label cost review should be built as a 24- to 36-month operating case. It should compare three credible choices: 1. Keep the present MT4 setup and improve its weakest controls. 2. Replace the MT4 white label provider but retain the client proposition. 3. Migrate selected clients or products to another platform while running MT4 in parallel. This guide explains how to build that case without relying on headline prices or generic vendor claims.

Industry 2026-07-23 21:38

The Rise of Deepfake Investment Scams: ASIC Shares Key Warning Signs

Artificial Intelligence (AI) has grown remarkably recently. However, it has also amplified the scope for financial fraud. One such is the rapid use of deepfake technology involving AI-generated videos, images and audio clips imitating real people. Fraudsters are leveraging these technologies to impersonate financial advisers, celebrities, business leaders and government officials to lure victims into fake investment schemes. Understanding the emerging implications, the Australian Securities and Investments Commission (ASIC) has cautioned investors of investment avenues promoted through convincing AI-generated content. Seemingly authentic, deepfakes are designed to manipulate trust and make people transfer funds before authenticating the investment’s legitimacy.

Original 2026-07-23 21:25

Best White Label Trading Platform 2026

The decision to switch white label providers or migrate to a modern white label trading platform is no longer a luxury for growth-minded brokers—it's a strategic necessity for survival in 2026. The convergence of technological stagnation, regulatory evolution, and shifting client expectations has created a perfect storm.

Original 2026-07-22 22:07

ABET Review 2026: Users Allege Missing Funds and Trade Manipulation - Our Investigation

ABET, a Bulgaria-based brokerage firm, faces severe allegations from users for the reportedly inefficient way it handles their funds. While some alleged illegitimate account blocks by the broker, others reported fund scams and trade manipulations. These ABET reviews have raised question marks over the broker’s legitimacy.

Original 2026-07-22 21:48