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CENTRAL Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.ccnew.com..., the company's legitimate regulatory information Hong KongSFCDealing in futures contracts, Hong KongSFCDealing in securities to enhance the security of the company's address 香港中环康乐广场8号交易广场二期1505-1508室

CENTRAL Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
中州国际金融控股有限公司
Abbreviation
CENTRAL
Company employee
--
Customer Service Email Address
ccisc@ccnew.com.hk
Contact Number
+85225001375
Company address
香港中环康乐广场8号交易广场二期1505-1508室
Keywords
5-10 years
Regulated in Hong Kong
Dealing in securities
Suspicious Scope of Business
Hong Kong Dealing in futures contracts Revoked
Suspicious Overrun
High potential risk

Company profile

Company Information Details Company Name Central China International Securities Co., Limited Location 1505-1508, 2nd Phase, Exchange Square, 8 Connaught Place, Central, Hong Kong Main Line (852) 2500 1375 Customer Service Phone (852) 2500 1313 Fax (852) 2250 5113 Company Email ccisc@ccnew.com.hk Customer Service Email cs@ccnew.com.hk Regulatory Authority Hong Kong Securities and Futures Commission (SFC) Services Securities Trading, Investment Banking, Investment Services, Stock Custody, Stock Transfers, Agent Services, Corporate Actions Deposit Methods Overseas Wire Transfer, Hong Kong Same-Name Transfer (FPS), Transfer (ATM / Phone Banking / Online Banking), Bank Deposit Withdrawal Methods Contact Account Manager or Fill Out Withdrawal Form Pros - Comprehensive range of financial services - Convenient fund deposit and withdrawal options - Established presence in the financial industry - Multiple customer support channels Cons - Regulatory status for dealing in futures contracts revoked - Limited fee information for certain services - “Exceeded” status for securities license unclear - Fee structures subject to change Overview Central China International Securities Co., Limited, based in Hong Kong's Central district, is a financial institution regulated by the Hong Kong Securities and Futures Commission (SFC). The company offers a comprehensive suite of financial services, including securities trading, investment banking, investment advisory, stock custody, and more. Clients can conveniently deposit and withdraw funds using various methods, including wire transfers and the Faster Payment System (FPS). Central China International Securities provides multiple customer support channels, including phone, fax, and email. However, it's important to note that their regulatory status for futures contracts has been revoked, and certain fee information is limited, with fee structures subject to change. Additionally, the “Exceeded” status for their securities license lacks clarification regarding its implications. Regulation Central China International is a financial institution with two distinct licenses, one for dealing in futures contracts and the other for dealing in securities, both regulated by the Hong Kong Securities and Futures Commission. However, their regulatory status differs significantly. The license for dealing in futures contracts has been revoked, indicating that Central China International Futures Company Limited is no longer permitted to engage in futures contract trading in Hong Kong. On the other hand, the license for dealing in securities is marked as “Exceeded,” which is an unusual status term and requires further context to understand its implications. It could imply that Central China International Securities Co., Limited may have exceeded certain regulatory limits or requirements, but the specific details of this status are not provided in the provided information. Both entities are located at the same address in Hong Kong's Central district, suggesting they share a physical location, but their regulatory statuses are quite different. Pros and Cons Central China International Securities Co., Limited offers a range of financial services, including securities trading, investment banking, and investment advisory services. However, there are certain advantages and disadvantages associated with their services and fees. Pros Cons Offers a comprehensive range of financial services. Regulatory status for dealing in futures contracts revoked. Provides various channels for depositing and withdrawing funds. Limited information on fees for certain services. Well-established presence in the financial industry. The status “Exceeded” for securities license requires clarification. Multiple customer support channels for assistance. Fee structures may change and vary based on client agreements. Central China International Securities Co., Limited offers a diverse set of financial services, making it a versatile choice for clients. They provide convenient options for fund transactions and maintain an established presence in the financial sector. However, it's essential to note that their regulatory status for futures contracts is revoked, and some fee details require more comprehensive information. The status term “Exceeded” in their securities license is also in need of further clarification. Nevertheless, the institution offers multiple avenues for customer support to assist clients effectively. Services and Fees entral China International Securities Co., Limited (中州國際證券有限公司) offers a range of financial services, including brokerage services, investment banking, and investment services. Here's a breakdown of some of its services and associated fees: Securities Trading Services: Brokerage Commission: The commission for securities trading varies based on the channel used. For phone trading, it starts at 0.15% of the transaction amount, while for online/mobile applications, it starts at 0.1%. Minimum Charge: There is a minimum charge of HKD 30 or the equivalent in other currencies for securities trading. Government Stamp Duty: 0.13% of the transaction amount, with a minimum charge of HKD 1 for each side of the trade. SFC Transaction Levy: 0.0027% of the transaction amount for each side of the trade. HKEX Trading Fee: 0.00565% of the transaction amount for each side of the trade. Central Clearing Fee: 0.002% of the transaction amount, with a minimum charge of HKD 2 and a maximum charge of HKD 100 for each side of the trade. Securities Services: Central China International Securities provides services related to stock custody, stock transfers, agent services, and corporate actions. Fees for services such as stock deposit, stock withdrawal, dividend collection, handling rights issues, and share registration may vary, and specific amounts are mentioned in the provided information. Investment Banking Services: Central China International offers investment banking services, including acting as a sponsor for listed companies, providing advice on mergers and acquisitions, and assisting with corporate finance transactions. The fees for these services may vary depending on the scope and complexity of the transaction and are typically negotiated with the client on a case-by-case basis. Investment Services: The company may assist clients with investment planning, financial analysis, and strategic investment decisions. Fees for these services may depend on the specific services rendered and are not detailed in the provided information. It's important to note that the fee structures and pricing mentioned above are subject to change and may vary based on the specific terms negotiated with clients. Additionally, the information provided does not specify fees for all services offered by Central China International Securities, and clients should consult the institution directly for comprehensive and up-to-date fee schedules. Deposit & Withdrawal Deposit Methods: Overseas Wire Transfer: Clients located outside of Hong Kong can use overseas bank channels (e.g., online banking, counter services) to make wire transfers. It is essential to specify the account name and number at Central China International Securities Co., Limited on the remittance form. Hong Kong Same-Name Transfer (FPS - Faster Payment System): Clients can transfer funds from their Hong Kong bank accounts to Central China International Securities Co., Limited using the Faster Payment System (FPS). They need to ensure their Hong Kong bank account is enabled for FPS, select the FPS option when making the transfer, input the identification code, and verify the recipient's name before confirming the amount. Transfer (ATM / Phone Banking / Online Banking): Clients can make transfers from their bank accounts to Central China International Securities Co., Limited through various banking channels. It is recommended to include the securities account name and number in the remarks field. Bank Deposit: Clients can deposit checks or bank drafts into any of the company's bank accounts. If depositing a crossed check in person, the securities account number must be indicated on the back, and the deposit should be made before 3:00 PM. Confirmation of Deposits: Clients are required to confirm their deposits by following these steps: Specify the account number and account name on the deposit receipt. Sign the deposit receipt and send it via fax to +852 2250 5113 or email it to cs@ccnew.com.hk. Alternatively, clients can contact their account manager or the company's customer service team at +852 2500 1313 (Hong Kong) or 4008 411 118 (Mainland China) and provide the deposit receipt for confirmation. Withdrawal Methods: Clients have multiple options for issuing withdrawal instructions: For clients who have added bank account information, they can contact their account manager or company customer service personnel to provide withdrawal details. For clients who have not added bank account information, they can download and fill out a withdrawal form from the website. After signing the form to match their bank record, they can fax it to +852 2250 5113 or email it to cs@ccnew.com.hk. Withdrawal Fees: Withdrawal fees depend on the chosen method and are as follows: Check Payment: No fee, and funds are available on the next business day. Local Transfer (Hong Kong): Same-day processing, with fees determined by the bank and an additional HKD 50 fee. Overseas Wire Transfer: Funds are available approximately 1-2 business days after the withdrawal request is made. Fees are determined by the bank and include an additional HKD 100 fee. Clients are advised to refer to the specific bank account information provided to initiate withdrawals accurately. It's essential to ensure that withdrawal instructions are submitted before noon (12:00 PM) on weekdays for same-day processing, with any late requests being processed on the next business day. Customer Support Central China International Securities Co., Limited offers robust customer support through multiple channels: Address: Located at 1505-1508, 2nd Phase, Exchange Square, 8 Connaught Place, Central, Hong Kong. Company Phone: Main line at (852) 2500 1375 for general inquiries and business matters. Customer Service Phone: Reach the dedicated customer service team at (852) 2500 1313 for account-specific queries and transactions. Fax: Contact the company via fax at (852) 2250 5113 for document submissions. Company Email: Send emails to ccisc@ccnew.com.hk for general inquiries and corporate communication. Customer Service Email: For customer service needs, email cs@ccnew.com.hk for account-related assistance. This comprehensive support infrastructure ensures clients have efficient ways to get assistance and resolve inquiries promptly. Summary Central China International Securities Co., Limited is a financial institution based in Hong Kong, offering a range of services including securities trading, investment banking, and investment services. They are regulated by the Hong Kong Securities and Futures Commission. Notably, their license for dealing in futures contracts has been revoked, while their license for dealing in securities is marked as “Exceeded,” although the implications of this status are unclear. The company provides various services with associated fees, including securities trading, stock custody, and investment banking. Clients can deposit funds through methods such as overseas wire transfer and Hong Kong same-name transfers, with different withdrawal options available. Robust customer support is offered through multiple channels, ensuring efficient assistance for clients. FAQs Q1: What services does Central China International Securities Co., Limited offer? A1: Central China International Securities Co., Limited provides a range of financial services, including securities trading, investment banking, and investment advisory services. Q2: How can I deposit funds into my account with Central China International Securities? A2: You can deposit funds through methods such as overseas wire transfer, Hong Kong same-name transfers (FPS), transfer via ATM/phone banking/online banking, and bank deposits. Ensure you include your securities account name and number for reference. Q3: What fees are associated with securities trading through Central China International? A3: Fees for securities trading include brokerage commission, government stamp duty, SFC transaction levy, HKEX trading fee, and central clearing fee. Specific rates may vary based on the trading channel and transaction amount. Q4: How can I contact customer support at Central China International Securities? A4: You can reach their customer support team at (852) 2500 1313 for account-specific queries and transactions, or via email at cs@ccnew.com.hk for account-related assistance. Q5: Where is Central China International Securities Co., Limited located? A5: The company is located at 1505-1508, 2nd Phase, Exchange Square, 8 Connaught Place, Central, Hong Kong.

Rating Index

How to login to CENTRAL?
central Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a central Account Registering for a central account is the first step to accessing the platform's features. Follow these detailed steps to ensure a smooth registr

  

Central Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  Central Broker, an online trading platform, was established in 2022. The company is headquartered in the Marshall Islands, specifically at Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH 96960. Central Broker operates as a private entity, providing a range of trading services to clients across various regions.

  The primary market for Central Broker includes retail traders and investors interested in forex, cryptocurrencies, commodities, and stocks. The firm has rapidly gained traction since its inception, attracting a diverse client base by offering competitive trading conditions and a user-friendly platform.

  Central Broker aims to redefine the online trading experience by providing robust educational resources, advanced trading tools, and a secure trading environment. The platforms vision is to empower traders by enhancing their knowledge and skills, ultimately aiming to convert novice traders into seasoned professionals.

  The business model of Central Broker focuses on retail forex trading, allowing clients to engage in various financial instruments while ensuring compliance with regulatory standards. By prioritizing customer support and educational initiatives, Central Broker looks to foster a community of informed traders.

  

2. Regulatory and Compliance Information

  Central Broker operates under the regulatory framework of the Marshall Islands, which is known for its lenient regulatory environment. However, this has raised concerns regarding its legitimacy and adherence to international trading standards. Currently, Central Broker does not hold licenses from major regulatory authorities, making it crucial for potential clients to exercise caution.

  The lack of a regulatory license means that Central Broker does not provide a regulatory number or specific details about the validity and scope of its licenses. This absence of oversight may pose risks to clients, as there is no formal recourse for disputes or issues that may arise during trading.

  The company claims to comply with KYC (Know Your Customer) and AML (Anti-Money Laundering) policies. These measures are designed to ensure that client identities are verified and that the platform operates within the legal frameworks to prevent fraud and money laundering activities.

  Central Broker also emphasizes the importance of segregating client funds to enhance security. This practice ensures that client deposits are kept separate from the company's operational funds, providing an additional layer of protection for traders. However, the effectiveness of these measures is contingent upon the regulatory environment in which the broker operates.

  

3. Trading Products and Services

  Central Broker offers a diverse range of trading products, catering to various trading preferences and styles. The platform provides access to over 50 currency pairs, including major, minor, and exotic forex options. This extensive selection allows traders to engage in various market conditions and capitalize on currency fluctuations.

  In addition to forex trading, Central Broker also offers CFDs (Contracts for Difference) on a variety of asset classes, including:

  • Indices: Major global indices such as the S&P 500, FTSE 100, and DAX 30.
  • Commodities: Trading options on precious metals (gold, silver), energy (oil, natural gas), and agricultural products.
  • Stocks: A selection of shares from prominent companies across different sectors.
  • Cryptocurrencies: Access to popular digital currencies, including Bitcoin, Ethereum, and Litecoin.

  The platform regularly updates its product offerings to align with market trends and client demands, ensuring that traders have access to the latest instruments. Central Broker also provides retail trading services, allowing individual traders to engage directly with the markets. For institutional clients, the broker offers tailored services, including white-label solutions and asset management options.

  

4. Trading Platform and Technology

  Central Broker provides a web-based trading platform that is designed to be user-friendly and accessible across various devices, including desktops, tablets, and smartphones. The platform supports trading through any web browser, ensuring that traders can access their accounts and execute trades from anywhere at any time.

  While the broker does not currently support MetaTrader 4 or 5, it has developed its proprietary platform equipped with advanced trading tools. These tools include customizable charting options, real-time market data, and automated trading features that enhance the trading experience.

  The execution model employed by Central Broker is primarily Market Making, which allows the broker to provide liquidity to its clients. The company has invested in robust server infrastructure to ensure fast execution speeds and minimal downtime, crucial for traders engaged in high-frequency trading strategies.

  For traders interested in algorithmic trading, Central Broker offers API access, enabling them to connect their trading systems directly to the platform for automated trading. This feature is particularly beneficial for experienced traders looking to implement complex trading strategies.

  

5. Account Types and Trading Conditions

  Central Broker offers several types of trading accounts to accommodate various trading styles and experience levels. The account types include:

  • Standard Account: Requires a minimum deposit of $250, offering competitive spreads and basic trading features.
  • Silver Account: Designed for intermediate traders, this account type comes with additional features and benefits.
  • Gold Account: Aimed at more experienced traders, offering lower spreads and higher leverage options.
  • Platinum Account: Tailored for professional traders, providing exclusive benefits and personalized support.

  Each account type has its own minimum deposit requirements, trading conditions, and available features. The broker offers leverage ratios of up to 1:200, allowing traders to amplify their positions. However, the specific leverage available may vary based on the asset class being traded.

  Central Broker also provides a demo account option for new traders to practice their strategies without risking real capital. This feature is essential for building confidence and familiarity with the trading platform.

  

6. Funds Management

  Central Broker supports a variety of deposit and withdrawal methods to facilitate seamless transactions. The available funding options include:

  • Bank Wire Transfer
  • Credit/Debit Cards
  • Cryptocurrency Wallets

  The minimum deposit requirement varies based on the account type, with the standard account requiring a minimum of $250. Central Broker does not charge deposit fees, making it easier for clients to fund their accounts.

  Withdrawal requests are processed within 5 to 7 business days, and clients are required to verify their identities before funds can be released. This verification process is part of the broker's commitment to security and compliance.

  While Central Broker claims to have a transparent withdrawal process, clients should be aware of potential delays or issues, especially given the broker's offshore status. The broker does not specify any withdrawal fees, which can vary depending on the method used.

  

7. Customer Support and Educational Resources

  Central Broker prides itself on providing comprehensive customer support to assist clients with their trading needs. The support channels available include:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media

  Customer support is available 24/7, ensuring that traders can receive assistance regardless of their time zone. The support team is multilingual, catering to a diverse client base.

  In addition to customer support, Central Broker offers a wealth of educational resources designed to enhance traders' knowledge and skills. These resources include:

  • Webinars
  • Tutorials
  • E-books
  • Market Analysis Reports

  The broker also provides trading tools such as economic calendars and calculators to assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  Central Broker primarily serves clients in various regions, including Europe, Asia, and the Americas. However, it is important to note that the broker may have restrictions on clients from certain countries due to regulatory compliance issues.

  The broker's regional offices are located in the Marshall Islands, and it operates primarily as an offshore entity. As such, it may not be available to clients in countries where strict regulations prohibit trading with unlicensed brokers.

  Potential clients should verify their eligibility to trade with Central Broker based on their local regulations. It is advisable to consult with legal or financial advisors before engaging with the broker to ensure compliance with applicable laws.

  In conclusion, Central Broker presents a comprehensive trading platform with a variety of products and services tailored for different types of traders. However, the lack of robust regulation and oversight may pose risks for potential clients. As with any trading platform, thorough research and due diligence are essential before opening an account.

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FX3739472050

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CENTRAL Forex Broker has an overall rating of 5.15, Regulatory Index 6.32, License Index 5.50, Business Index 7.71, Software Index 5.69 Risk Control Index 0.00.