Huayi Account Type

Huayi offers various types of trading accounts designed to cater to different trading needs. The primary account types include:

• Individual Account: Suitable for individual traders looking to trade on their own behalf. Requires basic personal information and identification.

• Joint Account: Designed for two or more individuals who wish to trade together. Each account holder must provide identification and proof of residence.

• Corporate Account: For businesses wanting to engage in trading activities. This account necessitates a comprehensive set of documents including incorporation certificates and board resolutions.

Huayi Broker Account Opening Process

Opening a broker account with Huayi involves several steps:

• Visit or Contact: You can either visit Huayi's office or contact them to schedule an appointment for account opening.

• Review Client Agreement: Obtain and review the terms of the client agreement, which can be picked up from their office or mailed upon request.

• Submit Application: Complete and submit a signed account opening form along with necessary supporting documents. The required documents vary by account type:

• Individual/Joint Account:

• Identity card(s) or passport(s) of the account holder(s).

• Proof of residential address (e.g., recent utility bill or bank statement).

• Proof of correspondence address (if applicable).

• Corporate Account (incorporated in Hong Kong):

• Board resolutions and authorization.

• Certified true copies of identity cards/passports and incorporation documents of shareholders and directors.

• Business registration certificate and latest financial statements (if applicable).

• Document Certification: Ensure that all documents are certified by a recognized authority, such as the Hong Kong company registry or a professional third party.

• Await Approval: After submitting your application, you will need to wait for Huayi to process your application and verify your account. This may take some time depending on the completeness of your documentation and the broker's internal processes.