Review summary
Shangning Holding Group Co., Limited, operating as SN Forex, is a broker that has been active for 5-10 years and is registered in Hong Kong. Its business scope is noted as a Suspicious Operational Region. The broker operates with no valid authoritative forex trading licenses, placing it entirely outside the oversight of major financial regulators. According to WikiFX data, the entity's overall risk assessment score is exceptionally low at 1.53 out of 10, reflecting a significant lack of regulatory safeguards and operational transparency. This absence of formal regulation creates an environment where standard investor protections are not in place. The broker's operational profile presents substantial risks to traders. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-05-01)
