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Pros

Regulated by the Securities and Futures Commission of Hong Kong, ensuring a level of safety for traders.
Established in 2007, providing a long track record in the financial industry.
Offers online customer service support, making it accessible for clients.

Cons

Customer service may have long waiting times for responses.
Does not support cryptocurrency trading, limiting options for traders interested in digital assets.
No demo accounts available, which can hinder new traders from practicing before committing real funds.

CPY broker Accounts

Core Pacific Yamaichi Intl (H.K.) Ltd - Account Type

Core Pacific Yamaichi Intl (H.K.) Ltd (CPY) offers three types of trading accounts, catering to different trader preferences and investment levels:

  • Standard Account:
    • Minimum Deposit: USD 500
    • Leverage: Up to 1:500
    • Spreads: Starting from 1.2 pips
    • Access to Instruments: Forex, stocks, CFDs, commodities, and cryptocurrencies.
    • Pro Account:
      • Minimum Deposit: USD 20,000
      • Leverage: Up to 1:2000
      • Spreads: Starting from 0.8 pips
      • Access to Instruments: Similar to the standard account with enhanced trading conditions.
      • VIP Account:
        • Minimum Deposit: USD 100,000
        • Leverage: Up to 1:400
        • Spreads: Starting from 0.6 pips
        • Access to Instruments: Comprehensive access to all tradable assets offered by CPY.

        Core Pacific Yamaichi Intl (H.K.) Ltd - Broker Account Opening Process

        To open an account with Core Pacific Yamaichi Intl (H.K.) Ltd, follow these steps:

        • Visit the Official Website: Go to CPY's official website.

        • Choose Account Type: Explore the different account types (Standard, Pro, VIP) and select the one that aligns with your trading preferences and investment level.

        • Download Account Opening Form: Access and download the account opening form from the website.

        • Gather Required Documents: Prepare the necessary documents, which typically include:

          • Valid identity document or passport.
          • Proof of address (e.g., recent bank statement, utility bill).
          • A copy of your bank book/statement (for withdrawals).
          • Your email address (if available).
          • Submit Application:
            • Send the completed account opening form along with the required documents to CPY's head office at:

            Core Pacific - Yamaichi International (H.K.) Ltd

            Room 1101, 11/F, China Resources Building,

            26 Harbour Road, Wanchai, Hong Kong

            • Alternatively, you can fax the documents to (852) 2918 0409.
            • In-Person Visit: If preferred, you can visit CPY's head office to process your account application.

            • Confirmation: After submitting your application, CPY's customer services department will process your request. For any inquiries, you can reach out to CPY at (852) 2166 3888.

CPY accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
CPY Account