Upon Verification: ShenzhouCapital Is Operating Through The Website Https://shenzhoucapital.com/. This Domain Name Was Registered In 2024 And There Is Currently No Effective Regulation Of Any Kind For This Broker.
ShenzhouCapital's Domain Name Is A Relatively New Financial Website. The Entity Claims To Operate Under Various Laws And Regulations, But Has Failed To Provide Conclusive Evidence (e.g. Specific Licensing Details) To Support These Claims.
The Forex Broker Relies Solely On The Statement That It Is Registered In Saint Lucia, An Offshore Area Without A Forex Trading License, To Determine Its Legality.
While ShenzhouCapital Claims To Have An Address In The UAE, There Is No Indication That It Is Properly Authorised Or Supervised By Any Relevant Financial Regulator.
Essentially, ShenzhouCapital Is Not Regulated By Any Regulatory Body. Entrusting Investors' Funds To ShenzhouCapital Carries A High Risk As There Are No Legal Safeguards To Protect These Funds.
ShenzhouCapital Seems To Be A Scam.
And Most Brokers That Are Not Compliant Will Not Disclose Providing Their Direct Real Contact Information, Such As Phone Number Or Company Address.
Note: ShenzhouCapital Is An Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
