Brokers  /  ZHESHANG

ZHESHANG

Moderate risk
🇨🇳 China · 5-10 years · since 2018-08-16 · 浙商期货有限公司
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Independent ratingshow third parties score this broker
WikiFX7.74/10
Trustpilot/5
Forex Peace Army/5
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No sign that ZHESHANG 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.
37
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • 5 user exposure/complaint reports filed
  • Withdrawal complaints in ~33% of recent reviews
  • No verifiable website or social-media presence
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 & licensing3835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints7212%
Offshore registration458%
Transparency (site/info/social)5310%

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浙商期货有限公司
Headquarters🇨🇳 China
Founded2018-08-16
Years operating5-10 years
Employees0
Official websitecnzsqh.cfmmc.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
浙江省杭州市西湖区天目山路198号财通双冠大厦东楼9-12层

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CFFEXDerivatives Trading License (AGN)0009ChinaRegulated

Review analysis AI

ZHESHANG operates with a valid CFFEX license in China, giving it a regulated status. However, the lack of independent user reviews and limited public information about its services means the broker carries a guarded risk profile. FXCanary's risk score of 37/100 reflects this caution, signaling that traders should investigate further before committing funds.

Best for
  • Traders interested in Chinese financial futures and derivatives
  • Those who prefer a locally regulated broker in China
Not for
  • Traders seeking retail forex or CFD trading
  • International traders requiring multi-currency accounts
Period:
What users complain about
What users praise
Where reviewers are from
Hong Kong6

Real user reviews

Where ZHESHANG operates

Active across 1 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.

🇨🇳 China Licensed
🇭🇰 Hong Kong 5 complaints

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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About ZHESHANG

Overview

ZHESHANG is a financial broker headquartered in Hangzhou, China, with its official domain at cnzsqh.com. According to public records, the company was founded on August 16, 2018, and operates under a Derivatives Trading License (AGN) from the China Financial Futures Exchange (CFFEX). The broker describes itself as a regulated entity that strictly complies with legal requirements, though independent information about its operations is limited.

Regulation

ZHESHANG holds a regulatory license from CFFEX, China's sole exchange for financial futures. The license status is listed as 'Regulated' in China, indicating compliance with local derivative trading laws. However, this regulation applies only to derivatives products, and the broker does not appear to hold additional licenses for retail forex or CFD trading outside of China.

Trading Instruments

The broker’s official description mentions that it offers five types of trading instruments, which likely include futures and other derivatives traded through CFFEX. Beyond this general claim, no specific instrument list is publicly available from the data we have.

Trading Platforms

ZHESHANG states that it supports trading through multiple platforms, but the names and details of these platforms are not specified in the available records. Traders would need to contact the broker directly for platform information.

Account Types

No account types have been disclosed in the known facts. Given the limited public information, prospective clients should inquire directly about account tiers, minimum deposits, and spreads.

Funding

Funding methods and withdrawal processes are not documented in the available data. As a Chinese-regulated entity, funding options may be localized to Chinese banks and payment systems.

Conclusion

ZHESHANG appears to be a niche broker focused on the Chinese derivatives market under CFFEX oversight. Due to the scarcity of independent reviews and publicly available operational details, traders should exercise caution and conduct further due diligence before engaging.

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