SFCHong KongTier 1Licence number
AGK583
View licence record- Licence holder
- Held by First Shanghai
- Licence type and regime
- Dealing in futures contracts
Not checkedUpdated
At a glance
Regulation on record for First Shanghai
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
First Shanghai has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for First Shanghai, strongest authority first.
1 record
- SFCHong KongTier 1
Protection
What this licence protects
SFC's own rules for the firms it authorises.
- No compensation schemeNo mandatory insurance (but strict fund segregation)
- Client money kept separate
- Negative balance protection
- Complaints routeSFC Complaints / FDRC
- Maximum leverage1:13
Frequently Asked Questions
Questions about the licences held by First Shanghai
Answered from the register entries on this page.
Most Popular Questions
Yes, First Shanghai prohibits clients from the USA, North Korea, Iran, and other sanctioned countries from trading. The broker primarily serves clients in Hong Kong, the Asia-Pacific region, and some global clients.
First Shanghai offers customer support via phone and live chat during business hours. Support is available in English, and the broker provides contact phone numbers and a Facebook page for additional communication.
First Shanghai Futures Limited offers a maximum leverage of 1000, which allows traders to control larger positions with a smaller amount of capital.
First Shanghai supports deposits via bank transfer and cheque deposits, both accepted only in Hong Kong dollars (HKD). Withdrawals can be made via crossed cheque, e-transfer, CHATS transfer, telegraphic transfer, and physical scrip, with varying processing times and fees.
According to WIKILIX data, First Shanghai Futures Limited offers trading in forex, stocks, derivatives, securities, and futures. This range covers multiple asset classes suitable for diverse trading strategies.
First Shanghai Futures Limited is regulated by the Securities and Futures Commission (SFC) of Hong Kong, a tier 1 global regulator. The broker holds a license for dealing in futures contracts and complies with strict fund segregation rules, although there is no mandatory client fund insurance.
First Shanghai has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
First Shanghai holds licence records issued by SFC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by First Shanghai comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by First Shanghai has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
First Shanghai has licence records in Hong Kong. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.