Is hkselead licenced?

By David Hopkinson, from United Kingdom, November 24, 2021 at 04:30 PM

Is broker a scam.? Does it hold license.

Answer: Hi David Hopkinson,

Despite the fact that HKSelead claims to be located in Hong Kong, the broker does not hold a Hong Kong regulation. We a quick research we found out that the local Securities and Futures Commission (SFC) has no info on HKSelead which is all the evidence you need to know for sure that HKSelead is not licensed in Hong Kong.

Another red flag about HKSelead is that the company is completely anonymous,  as there is no contact address, nor any other information. Anonymous broker are the most dangerous ones, because all such entities are automatically unregulated and risky to deal with, on top of being untraceable and undetected.

We would recommend to stay away from HKSelead and choose among Reliable and Regulated Brokers.

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