CFFEX — China
申银万国期货有限公司
Regulated · No. 0131
SHENYIN Review — Overview
Regulation
Offshore regulated
Licence
CFFEX · No. 0131
Licence status
Regulated
Platforms
Shenwan Futures APP, Boyi Cloud, Fast Trading Terminal v2 +1 more
Instruments
Commodity Futures, Financial Index Futures, Bond Futures, Commodity Options
Operating
Est. 2007
Main market
DE
Entity
申银万国期货有限公司
Website
Unknown
SHENYIN is a forex & CFD broker based in China, established in 2007. On Trust Broker Hub it holds a Trust Score of 3.9 out of 10, which we rate as Poor — above the industry average of 3.3/10. High-risk profile — proceed only with caution and small amounts.
SHENYIN's licence comes from an offshore jurisdiction (CFFEX). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
SHENYIN provides access to Commodity Futures, Financial Index Futures, Bond Futures, Commodity Options. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, SHENYIN carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.
Trust score breakdown
How is this calculated?Trust Score history
SHENYIN currently scores 3.9/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a CFFEX licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Commodity Futures, Financial Index Futures, Bond Futures, Commodity Options, Financial Index Options, ETF Options, Spot ETFs |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Not disclosed |
| Platforms | Shenwan Futures APP, Boyi Cloud, Fast Trading Terminal v2, Shenyin Wanguo Futures Unlimited Easy |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on SHENYIN
Our analysis · editorial
3.9/10
High-risk profile
SHENYIN is regulated in an offshore jurisdiction (CFFEX), which offers lighter oversight than tier-1 regimes. Based in China, it has been operating for about 19 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.9/10 — a high-risk profile.
Strengths
- Long 19-year operating track record
- No complaints on record with us
- Supports Shenwan Futures APP & Boyi Cloud trading
Watch-outs
- Regulated only in an offshore jurisdiction — weaker investor protection
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
SHENYIN — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag SHENYIN here if that changes.
Full specifications
Regulated region
China
Operating period
5-10 years
Main market
DE
Licensed entity
申银万国期货有限公司
License status
Regulated
Instruments
Commodity Futures, Financial Index Futures, Bond Futures, Commodity Options, Financial Index Options, ETF Options, Spot ETFs
Year founded
2007
Frequently asked
Is SHENYIN a safe broker?
SHENYIN scores 3.9 / 10 on our Trust Score, above the 3.3 industry average. It is only offshore-regulated, which means weaker protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the SHENYIN trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from SHENYIN?
SHENYIN doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.