SHENGHUI Spreads, leverage, minimum deposit Revealed

　　General Information

　　Sheng Hui Group Ltd presents itself a global online trading broker who is tailored for traders, offering trading services for clients in European, Asia, South America, Africa.

　　Sheng Hui Group Ltd is said to registered in the United Kingdom, with its detailed registered address not disclosed.

　　 Market Instruments

　　Sheng Hui Group Ltd seems to provides its clients with a range of trading instruments across six classes, including Foreign Exchange, Indices, Commodities, Metals, Shares. Investors can choose among them based on their trading style and preference.

　　Account Types

　　Two trading accounts are designed for retail and professional traders, namely the Standard account and the Professional account. The Standard account is suitable for most traders, with the minimal deposit of acceptable $100. The Professional account is ideal for professional traders who pursue tighter spreads and lower trading costs, and this account also only needs a minimum deposit of $100.

　　Traders can trade with more than 100 products with these two accounts. Margin Level for both account is 50%.

　　 Leverage

　　The maximum trading leverage offered by this brokerage is up to 1:500, which is considered high. High leverage is ideal for professional traders, as it presents more trading flexibility. However, since leverage can amplify gains as well as losses, inexperienced traders are strongly recommended to select the proper amount that they feel most at ease.

　　Spreads &Commissions

　　Sheng Hui Group Ltd hypes that it offers a zero-commission trading environment. Although the minimum spread for both accounts starts from 0.0 pips, it seems too good to be true, given the fact that this brokerage states it does not charge any commission. Investors are advised to open a demo account to test its trading platform first, then decide whether to open a real account or not.

　　Trading Platform

　　Sheng Hui Group Ltd offers its clients access to the leading MT4 trading platform, which can be accessed on multiple devices.

　　 Deposit and Withdrawal

　　The minimum deposit is $100, while the minimum withdrawal amount is not disclosed. Sheng Hui Group Ltd allows its clients to make a deposit and withdrawal through a series of payment options, including Credit Cards (VISA, Maestro, Mastercrd), Skrill, Vpay.

　　Further deposit and withdrawal details, such as service fees, processing time, are not mentioned.

　　 Customer Support

　　Traders with any inquiries, or trading-related issues can get in touch with Sheng Hui Group Ltd

　　Through the following channels:

• 　　WhatsApp

• 　　Line

　　While company number, or email address, are not reported.