Score

6.32 /10
Average

SinoSound

Hong Kong

5-10 years

Type AA License

MT4/5 full license

The server is only located in China.

High potential risk

Influence

C

Better than 46.4% brokers
Open Account
Website

Score

License Index7.15

Business Index7.65

Risk Management Index0.00

Software Index6.91

Regulatory Index7.12

The WikiFX Score of this broker is reduced because of too many complaints!

Influence

C

Better than 46.4% brokers
Website
Open Account

Licenses

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

Single Core

1G

40G

Open for free

Contact number

English

+852 2902 9999

Broker Information

More

Company Name

Sino Sound Holdings Ltd

Company Abbreviation

SinoSound

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts
Previous Detection : 2022-10-03
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months, please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Resolved

The company’s people deliberately made me lose 1600000 RMB to earn commissions.

I opened an account and started to trade in July 2018. They took over my account in August but made me lose for several months. Every time they said they could recover the loss. I lost altogether 1600000 RMB. The company didn’t reply to my complaint.

2019-01-30 17:41
Resolved

The platform blackmailed clients’ 1.6 million by virtual market and manipulation of their accounts.

In July 2018,the company staff opened an account for me and operated it for me in August,while I have been made losses for several months. Every time I lost, he all had the confidence to make it back. I deposited the fund for 8 consecutive times and eventually lost 1.6 million RMB. From January, I called the police and made complaints on the company,while the company kept shirking the agency responsibility. I have repeatedly called and send emails to the company, asking the company to investigate and refund the income of fraud.The company kept shirking,saying that the research has not responded.The manager who contacted me in the early stage disappeared.Having no idea,I went to Hong Kong Hanshen and its receptionist said that she should ask for management and reply in a week.But I could only stay in Hong Kong for 1 week.There is no sincerity and word of mouth to solve the problem.I went to the police station to report to the police, CGSE, and the Hong Kong Monetary Authority namely. Exposure again!

2019-06-04 22:29
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    Hong Kong
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