Baosheng financial group

Baosheng Financial Group is registered in New Zealand under the corporate name Baosheng Financial Group, with an official website at boosterholding.com. The entity was established on 1 June 2020, according to public records. However, limited independent information is available about its operations, services, or corporate structure.

Our review found that the company does not hold any recognised financial regulatory licences from major authorities such as the FCA, ASIC, or CySEC. This absence of regulation is a significant factor for traders to consider when evaluating the firm's credibility and the safety of deposited funds.

Baosheng Financial Group is not listed on any regulatory register as an authorised financial services provider. The New Zealand Companies Office records indicate the business is registered, but this does not equate to regulatory oversight of its trading activities. In New Zealand, companies offering financial services must be licensed by the Financial Markets Authority (FMA) or hold a derivatives issuer licence; no such licence has been identified for Baosheng Financial Group.

Without a regulatory licence, the broker is not subject to capital adequacy requirements, client money segregation rules, or formal dispute resolution mechanisms. FXCanary's Scam Risk Score of 75 out of 100 reflects the severe risk associated with unregulated brokers, particularly those with limited public track records.

Information regarding the specific products or services offered by Baosheng Financial Group is not readily available through public sources. The boosterholding.com domain does not currently host a functional website, or the site has limited content. As a result, it is unclear whether the entity provides forex trading, CFDs, cryptocurrency exchange, or other financial services.

Aggregated industry databases and consumer forums contain no user reviews or complaints, which may indicate a very small client base or recent market entry. This lack of verifiable information makes it impossible to assess the broker's trading conditions, platforms, or customer support quality.

Due to the absence of regulatory oversight and limited public information, Baosheng Financial Group is unsuitable for most retail traders. Investors seeking a safe trading environment should prioritise brokers regulated by top-tier authorities such as the FCA, ASIC, or CySEC, which enforce strict client protection standards.

The entity may be of interest only to highly experienced traders who are aware of the risks and are prepared to conduct their own due diligence. However, FXCanary recommends avoiding unregulated brokers entirely to mitigate the risk of fraud or financial loss.