Forex Brokers

Shenzhen Capital Management

1.7 (10 reviews)
🇦🇺 Australia
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1.7
10 reviews
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About Shenzhen Capital Management

Shenzhen Capital Management has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 86 1084053565, fax +852 3010 1209

Addresses: Yintai Office Tower Level 12 Beijing Yintai Centre 2 Jianguomenwai Avenue Beijing China 100022 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.shenzhencap.com.

Customer Reviews

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Incompetent on every level

O
Oliver E.
1 weeks ago

Shenzhen Capital Management has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Professional team|Personal attention|High security standards

Cons: Slow to add new assets

Commission structure changed retroactively

K
Karen D.
2 weeks ago

I closed a profitable position at Shenzhen Capital Management and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Regular updates|Good mobile app|Tax reports included

Cons: Nothing significant|No integrated tax optimization

Terrible customer service

D
David H.
1 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Shenzhen Capital Management recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: Quick verification|Low minimum deposit

Cons: Charting tools need more indicators

Fraudulent fee structure

L
Laura X.
1 months ago

Shenzhen Capital Management advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Comprehensive tools|No hidden fees

Cons: No phone support on weekends

Inactive account fee with no warning

N
Natalie M.
5 months ago

Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Shenzhen Capital Management said it was market conditions. Same news, another broker filled me properly. They are not honest.

Pros: Dividend tracking|Social trading features|Reliable uptime|Good mobile app

Cons: Email notifications too frequent|Account statements could be more detailed

Amateur hour at Shenzhen Capital Management

C
Connor G.
7 months ago

I had high hopes for Shenzhen Capital Management after a trusted YouTuber reviewed them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.

Pros: Competitive fees|Multi-device support|Clear documentation

Cons: No phone support on weekends|Website design could be more modern

A company that does not deserve your trust

O
Owen K.
11 months ago

I experienced a security concern with my Shenzhen Capital Management account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Risk management tools|Personal attention

Cons: Would like more payment methods

This company needs to be investigated

A
Andrew E.
11 months ago

I gave Shenzhen Capital Management a fair chance. After since last summer of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Quick verification|Reliable uptime

Cons: No live chat on mobile|Website design could be more modern

Spam emails after unsubscribing

A
Amber X.
11 months ago

I am in a dispute with Shenzhen Capital Management over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Professional team|Good mobile app|Personal attention

Cons: Nothing significant

Warning to all potential customers

A
Aiden X.
12 months ago

Do not be fooled by the professional-looking website. Behind the scenes, Shenzhen Capital Management is disorganized and incompetent. I found them while looking for alternatives to my previous provider and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: API access|Fast support response|Clean UI

Cons: Cannot customize dashboard fully|Minimum deposit could be lower