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Pros

Regulated by the Securities and Futures Commission of Hong Kong, ensuring a level of safety and compliance.
Established in 2008, providing a long track record of experience in the forex trading industry.
Offers online customer service support in multiple languages, enhancing accessibility for clients.

Cons

Customer service may have long waiting times for responses, which can be frustrating for users needing immediate assistance.
Does not support cryptocurrency trading, limiting options for traders interested in digital assets.
Automated trading (EA trading) is not supported, which may deter algorithmic traders seeking advanced trading options.

PRUDENTIAL broker Accounts

Prudential Brokerage Account Type

Prudential Brokerage offers four live account types to cater to different trading needs and preferences:

  • HK Account: Designed for clients focusing on trading securities listed on the Hong Kong Stock Exchange (HKEX). This account provides access to a wide range of equities, debt securities, unit trusts/mutual funds, and warrants listed on the HKEX.

  • China Connect Account: Allows clients to trade securities listed on both HKEX and the Shanghai and Shenzhen stock exchanges. This account provides access to stocks listed on the mainland China market through the Stock Connect program, facilitating cross-border trading.

  • Global Stock Account: Tailored for clients interested in trading international stocks. With this account, clients can access a wide range of global stocks listed on major exchanges worldwide, such as the New York Stock Exchange (NYSE), NASDAQ, London Stock Exchange (LSE), and more.

  • Index Futures and Stock Options Account: Designed for clients interested in trading futures and options contracts. This account provides access to various derivative products, such as Hang Seng Index (HSI) futures and options, mini-Hang Seng Index futures and options, H-share index futures and options, among others.

  • Prudential Brokerage Account Opening Process

    To open an account with Prudential Brokerage, follow these steps:

    • Download Account Opening Forms:
      • Visit Prudential Brokerage‘s website and download the account opening forms.
      • Read and understand all information in the forms, including terms and conditions, risk disclosures, and client’s agreement.
      • Complete Required Information:
        • Fill out all required information in the forms.
        • Sign the forms at the relevant places.
        • Submit the Forms:
          • Send the duly signed forms by hand or post to Prudential Brokerage‘s head office in Hong Kong.
          • Alternative Method:
            • Scan the code provided on Prudential Brokerage’s website to open an account.
            • Follow the instructions prompted on your device to complete the account opening process.
            • Consultation:
              • It is advisable to consult with your local lawyer and regulatory bodies before opening an account.

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