Global Broker Regulation Inquiry App
WikiFX
Shoofar 
1-2 years
Is SinoPac safe and legit for me to trade with?
Broker Issues
Regulation
08-20
United States
WikiFX
Reply
Yes, SinoPac is both safe and legit to trade with. The company is regulated by the Hong Kong Securities and Futures Commission (SFC), ensuring that it operates under the supervision of a well-established financial authority. The broad range of services offered and its strong financial backing from SinoPac Financial Holdings further validate its legitimacy. However, it’s essential to understand its fee structure, which can be complex, before trading.
Similar Questions
Is Vantage Prime a legitimate broker?
Karoline Hardy
07-15
Does XR Trading have any cons?
Thobani Dlalda
02-06
Does IronTrade have any cons?
Vahid
07-21
What are the disadvantages of CapitalXtend?
Allan777
02-03
In what ways does Channel Capital's regulatory status help safeguard my funds?
Allan777
08-12