Although ZFX Shanhai Securities claims to possess regulatory qualifications such as the UK's Financial Conduct Authority (FCA) and the Seychelles' Financial Services Authority (FSA), for Chinese domestic investors, there are significant gaps in its domestic regulatory framework. It has been verified that it does not possess any domestic financial licenses in China, nor is it subject to relevant supervision. This also makes it difficult for investors to effectively manage and control various risks they face.

   One of the core demands of Chinese investors participating in such cross-border financial transactions is the safety of funds and the convenience of inflow and outflow. However, numerous issues with ZFX Shanhai Securities in the withdrawal process have triggered a large number of investor feedback.

   Multiple investors have reported that after submitting withdrawal requests, the platform often delays processing them, citing reasons such as financial audits, channel maintenance, and regulatory reviews. Some requests take a long time from submission to final payment, and there have even been cases where payments have not been received for an extended period.