Brokers  /  HUNGSING

HUNGSING

Moderate riskStockbroker
🇭🇰 Hong Kong · 5-10 years · since 2017-09-25 · 鸿升金融集团
This is a stockbroker, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
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Independent ratingshow third parties score this broker
WikiFX1.62/10
Trustpilot/5
Forex Peace Army/5
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No sign that HUNGSING actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
36
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Withdrawal complaints in ~100% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing5535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints1812%
Offshore registration458%
Transparency (site/info/social)4710%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal name鸿升金融集团
Headquarters🇭🇰 Hong Kong
Founded2017-09-25
Years operating5-10 years
Employees0
Official websitehungsing.org
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
SFCDerivatives Trading License (AGN)AFC168Hong Kong

Review analysis AI

HUNGSING presents as a legitimate Hong Kong stockbroker with an official website and SFC registration, but our records indicate its dealing in securities license is exceeded and its futures license is revoked. This regulatory uncertainty, combined with the firm's online claims of holding licenses that may not be fully valid, places it in a guarded risk category. Traders should prioritize broker verification directly with the SFC before committing funds.

Best for
  • Hong Kong stock trading
  • Margin accounts
  • Local retail investors
Not for
  • Forex or CFD trading
  • International investors seeking strong regulatory oversight
  • Traders wary of license irregularities
Period:
What users complain about
Where reviewers are from
Hong Kong1

Real user reviews

Where HUNGSING operates

Active across 2 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇭🇰 Hong Kong Licensed 1 complaint
🇲🇾 Malaysia

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What HUNGSING says about itself as stated by the broker · not independently verified by FXCanary

Company Overview

HUNGSING (鴻昇金融集團) claims to be a financial firm founded in 1999 and registered in Hong Kong, with a strong shareholder background and decades of experience in the Hong Kong financial market. According to its website, it holds Hong Kong SFC licenses for Type 1 (securities dealing), Type 4 (advising on securities), and Type 9 (asset management) regulated activities. The firm states it operates with a philosophy of 'Creating Value, Achieving Together' and a culture of integrity, professionalism, and teamwork.

Services & Products

The broker claims to offer a range of financial services including securities brokerage (cash and margin accounts), futures trading, asset management, debt financing, equity financing, IPO subscription, and third-party wealth management products. It also says it can provide customized non-standard structured financing solutions for clients. The website highlights its 'personal finance' and 'institutional finance' divisions, along with a 'corporate finance' arm for equity and debt fundraising.

Account Types & Trading Platforms

HUNGSING says clients can open securities accounts (cash or margin), futures accounts, or asset management accounts. It provides the 'Hongsheng Securities' platform, which uses the AYERS SYSTEM for online trading, available on desktop (Windows) and mobile (iOS/Android). For futures, it offers the SP SYSTEM platform. The firm also claims a telephone trading system capable of handling 100 concurrent lines, with a team of experienced traders.

Fees & Charges

According to the broker's fee schedule, basic commission is 0.25% of transaction value (minimum HKD 100) or negotiable. Other charges include stamp duty (0.1% on each transaction), SFC transaction levy (0.0027%), HKEX trading fee (0.00565%), and clearing fees (0.004% per transaction, min HKD 5, max HKD 500). Margin loan interest is quoted at Wing Hang Bank prime rate plus 3%. Fees for physical stock handling, withdrawal, and corporate actions are also listed.

Client Support

The broker says it provides customer service via phone (+852 3589 1623), email, and in-person visits at its Hong Kong office. Its website includes a FAQ section covering trading hours, account opening procedures, and how to change personal details. The broker emphasizes secure online trading with 2048-bit SSL encryption and offers a demo account option for practice.

About HUNGSING

Who Is HUNGSING?

HUNGSING (鸿昇金融集团) is a Hong Kong-based financial services firm established in 2017 (according to our records, though the firm's website claims it was founded in 1999). It operates primarily as a stockbroker and asset manager, catering to individual and institutional investors in Hong Kong and potentially other markets. The firm's official domain is hungsing.org, and it maintains a presence on Facebook.

Regulation & Licensing

HUNGSING is registered with the Hong Kong Securities and Futures Commission (SFC). According to our records, it holds a Type 1 (dealing in securities) license, but that license has been exceeded, and its Type 2 (dealing in futures contracts) license has been revoked. However, the firm's own website claims to hold Type 1, 4, and 9 licenses. This discrepancy raises concerns for potential clients. The firm's SFC license status should be verified directly on the SFC public register before engaging with the broker.

Services & Products

HUNGSING offers a range of financial services centered around securities brokerage. Clients can trade Hong Kong-listed stocks, futures, and other investment products through cash or margin accounts. The firm also provides asset management services, IPO subscription, and corporate finance solutions such as debt and equity financing. Additionally, it distributes third-party wealth management products and offers customized structured financing.

Account Types & Platforms

The broker offers several account types: securities accounts (cash and margin), futures accounts, and asset management accounts. Trading is primarily conducted via the 'Hongsheng Securities' online platform, which uses the AYERS SYSTEM on desktop and mobile. The desktop version is compatible with Windows 7 or later, and mobile apps are available for iOS 8+ and Android 6+. A separate platform, SP SYSTEM, is used for futures trading. Telephone trading is also available.

Funding & Fees

Clients can fund their accounts via cheque, cash, bank transfer, or electronic banking. The broker emphasizes that only deposits in the client's own name are accepted. Fees include a basic commission of 0.25% (minimum HKD 100), plus statutory levies and clearing charges.

Margin interest is calculated at prime rate plus 3%. Additional fees apply for physical stock handling and other services. The full fee schedule is published on the broker's website.

Target Audience

HUNGSING appears to target both retail and institutional investors in Hong Kong. Its services are suited for individuals seeking Hong Kong stock trading, margin facilities, and professional asset management. The firm also positions itself as a partner for corporate clients needing financing or IPO support. However, given the questions around its SFC license status, it may not be suitable for traders outside Hong Kong or those looking for a fully regulated broker.

Bottom Line

HUNGSING is a Hong Kong stockbroker with a long-established market presence (at least since 2017). While it offers a full suite of securities services, regulatory concerns—specifically the reported exceeding and revocation of its SFC licenses—warrant caution. Traders should verify the firm's current license status and consider the implications before opening an account.

Overview compiled by FXCanary from regulatory records and public data. full HUNGSING review