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In my experience as a long-term trader, when assessing the legitimacy of a brokerage like Guosen Securities (HK), I rely heavily on both regulatory status and user feedback. Guosen Securities (HK) is regulated by the Securities and Futures Commission (SFC) of Hong Kong, which is a reputable regulatory body. This SFC oversight generally serves as a positive indicator for operational legitimacy. The firm has been in business since 2009 and offers a comprehensive range of financial services, which typically reflects a certain level of stability and expertise. However, while regulation is an important safeguard, it is not an absolute guarantee of a secure or trouble-free experience. What raises caution for me is the presence of user complaints, especially concerning withdrawal issues. I encountered a review outlining difficulties retrieving funds and allegations of questionable inducements to deposit. For me, such reports are always a red flag, especially when dealing with significant sums. Even if a company appears well-established and regulated, unresolved complaints about withdrawals warrant careful consideration. Given these factors, I am not comfortable making a blanket endorsement. While Guosen Securities (HK) meets core regulatory requirements, the nature of negative user experiences means I would approach engagement with considerable caution and insist on further personal research and direct communication with the institution before making any commitments. Responsible traders, in my view, should always prioritize due diligence and risk management before choosing a broker.