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Pros

Wide range of trading instruments, including over 50 forex pairs and more than 70 additional assets.
Regulated by the Hong Kong Securities and Futures Commission, providing some level of oversight.
Generous leverage options available, up to 1:500.

Cons

Poor user ratings and low trust scores, indicating significant dissatisfaction with service quality.
Limited information available regarding account types, minimum deposit requirements, and trading costs.
Customer service is reported to be below average, with users experiencing difficulty in reaching support.

LUKFOOK FINANCIAL broker Accounts

LUKFOOK Account Type

Lukfook offers two main types of accounts for traders: Individual Accounts and Company Accounts. Individual accounts can be opened online, by reservation, in person, or via postal delivery, while company accounts can only be opened in person or by postal delivery. There is no minimum deposit requirement to open an account, making it accessible for a wide range of investors.

Individual Account Features:

  • Accessibility: Can be opened online or in person.
  • Minimum Deposit: $0.
  • Account Management: Users can trade various financial products including securities and futures.

Company Account Features:

  • Accessibility: Must be opened in person or by postal delivery.
  • Requirements: Requires company registration documents alongside personal identification.

LUKFOOK Broker Account Opening Process

To open a Lukfook account, follow these steps:

  • Choose Account Type: Decide between an Individual or Company account.
  • Gather Required Documents:
    • For Individual Accounts: Provide personal information (name, date of birth, nationality), contact information (email, phone number), and identification documents (passport or valid ID) along with proof of address.
    • For Company Accounts: Provide similar personal information along with the companys registration certificate and related documents.
    • Online Application:
      • For Individual Accounts, you can apply online by filling out the application form on the Lukfook website.
      • For Company Accounts, contact a Lukfook representative to schedule an appointment.
      • In-Person Application: If applying in person, visit a Lukfook branch with the required documentation.
      • Postal Application: Download the account opening form from the Lukfook website, fill it out, and mail it along with the required documents.
      • Account Activation: Once your application is processed, you will receive confirmation, and your account will be activated.
      • For further assistance, you can contact customer support at (852) 2980 0888 or via email at cs@lff.com.hk.

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