Rating Index

Pros

Haitong is regulated by reputable authorities, including the Hong Kong Financial Services Commission (SFC) and the Monetary Authority of Singapore (MAS), which enhances its credibility.

The broker offers a variety of financial instruments for trading, including forex, futures, options, and securities, providing traders with diverse investment opportunities.

Haitong provides access to the popular MetaTrader 4 platform, which is favored by many traders for its user-friendly interface and extensive analytical tools.

Cons

There have been multiple complaints from users regarding withdrawal issues, with reports of being unable to access funds after making deposits.

The minimum deposit requirement of $1,300 may be considered high compared to other brokers, potentially limiting access for beginner traders.

Some reviews indicate that trading conditions, such as leverage options (up to 1:20), may not be as favorable as those offered by other local and global brokers.

HAITONG broker Accounts

Haitong Account Type

Haitong offers a variety of trading accounts tailored to meet the needs of different traders. The main account types available include:

Individual Trading Account:

Minimum Deposit: $0
Leverage: 1:50 on Forex, 1:20 on CFDs
Instruments: Access to a diverse range of financial instruments including stocks, bonds, commodities, and currencies.
Features: Competitive floating spreads, no swap-free option, and a stop-out level set at 50%.

VIP Trading Account:

Designed for high-net-worth individuals and professional traders.
Offers exclusive benefits such as personalized support, premium research, and lower trading fees.
Ideal for clients seeking a higher level of service and specialized resources.

Trading Denominations:

Accounts can be funded in three currencies: USD, SGD, and HKD.

Haitong Broker Account Opening Process

To open an account with Haitong, follow these steps:

Visit the Official Website: Go to [Haitong's website](http://www.hti sec.com).
Select Account Type: Choose the type of account you wish to open (Individual or VIP).
Complete Registration Form: Fill out the registration form with your personal information.
Submit Verification Documents: Provide any necessary documents required for identity verification as per regulatory requirements.
Deposit Funds: Fund your trading account using acceptable payment methods, ensuring that the deposit comes from your bank account.
Start Trading: Once your account is verified and funded, you can begin trading on the platform.