Brokers  /  SN Forex

SN Forex

Moderate risk
🇭🇰 Hong Kong · 5-10 years · since 2020-11-26 · Shangning Holding Group Co., Limited
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.53/10
Trustpilot/5
Forex Peace Army/5
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No sign that SN Forex 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.
45
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
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 & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)5010%

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 nameShangning Holding Group Co., Limited
Headquarters🇭🇰 Hong Kong
Founded2020-11-26
Years operating5-10 years
Employees0
Official websitesn-forex.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
2/F, Block 13, 28 Cheung Sha Wan Road, Kowloon, Hong Kong

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

SN Forex operates as a forex signal provider without any known regulatory licences, which introduces significant counterparty risk. The FXCanary Scam Risk Score of 45/100 (Guarded) reflects the lack of transparency and oversight. Traders should exercise extreme caution and verify any performance claims independently before subscribing to paid services.

Best for
  • Traders seeking free or low-cost forex signals
  • Users comfortable with Telegram-based signal delivery
Not for
  • Traders requiring a regulated broker with custody services
  • Investors who prefer direct trading control and risk management
Period:

Real user reviews

Similar brokers

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

About SN Forex

According to its website, SN Forex Ltd is a provider of forex signals through a paid Telegram channel. The company claims that its traders have over 10 years of experience in trading and have achieved a significant profit margin relative to risk.

Services Offered

SN Forex offers forex trading signals delivered via Telegram. It promotes a free channel as well as a paid subscription service. The broker states that following their signals will ensure users make money in the market.

Platform and Access

The service is accessed through Telegram channels. The website includes a link to a free Telegram channel and encourages users to join for signals. No proprietary trading platform is mentioned; signals are presumably executed by the user on their own broker account.

About SN Forex

Company Overview

SN Forex, operating under the domain sn-forex.com, is a Hong Kong-based forex signal provider registered on 26 November 2020. The company does not hold any known regulatory licences from financial authorities. Its registered address is listed as 2/F, Block 13, 28 Cheung Sha Wan Road, Kowloon, Hong Kong.

SN Forex describes itself as a provider of forex trading signals delivered through a paid Telegram channel. The company claims that its team has over a decade of trading experience. Unlike traditional brokers, SN Forex does not offer trading accounts, execution services, or custody of client funds.

Business Model and Services

The core offering of SN Forex is forex signals—trade recommendations sent via Telegram. The service includes a free channel and a paid subscription where more frequent or higher-quality signals are provided. The website asserts that following these signals can generate consistent profits.

No details are available on the specific instruments covered, risk management strategies, or performance track records. The company does not appear to provide any demo account or educational materials beyond the signals themselves.

Regulatory and Risk Profile

A critical point for potential users is the absence of any regulatory oversight. SN Forex is not registered with any known financial regulator, which means there is no independent supervision of its operations or claims. The FXCanary Scam Risk Score of 45/100 (Guarded) reflects this lack of regulation and the inherent risks of relying on an unverified signal provider.

While signal services are not inherently fraudulent, the lack of transparency and regulation means users exercise significant trust in the provider. It is advisable to approach with caution and conduct independent due diligence before subscribing.

Target Audience

SN Forex targets retail traders who seek automated or guided trading decisions. The service is particularly aimed at those who lack the time or expertise to analyse the markets themselves. By offering both free and paid channels, the company attempts to attract users with a low-risk entry and then upsell premium signals.

The service may appeal to beginners looking for a shortcut to profitability, though the risks associated with third-party signals should not be underestimated.

Website and Contact Information

The official website at sn-forex.com provides basic information about the service, including links to the Telegram channel and a brief description. The site does not offer live chat, phone support, or detailed company information beyond the registered address.

SN Forex maintains a presence on Facebook, LinkedIn, Twitter/X, and YouTube, though the extent of engagement and content on those platforms is not detailed in this review. These channels may serve as additional touchpoints for potential clients.

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