China Gather Wealth Forex Broker

China GatherReview SummaryFounded2013Registered Country/RegionHong KongRegulationExceeded the Regulation by the SFCMarket InstrumentsStocks, Bonds, Commodities, Derivatives, ETFsDemo AccountNot MentionedLeverageStocks: Standard (1:2), Margin (1:10), Professional (1:20)SpreadStart from 0.0 pipTrading PlatformOnline and Mobile trading platformMin DepositHK$1,000Customer SupportPhone+852 2890 9633mail@cgwfinance.comChina Gather Information China Gather, established in Hong Kong in 2013, serves as a financial services platform providing many trading assets, including HKSE, trade bonds, commodities, derivative instruments, and ETFs. The platform has advantages such as competitive commission rates, flexible leverage options, and convenient online and mobile trading. However, it is not regulated by any financial authority currently.Pros and ConsProsConsDifferent leverage and spread optionsLack of regulationOffers three account typesOffers multiple assets to tradeIs China Gather Legit? China Gather operates without any regulations. The certificate licensed by the Securities and Futures Commission (SFC) is already exceeded.What Can I Trade on China Gather? China Gather provides access to multiple assets, including stocks, bonds, commodities, derivatives, and exchange-traded funds (ETFs).Tradable InstrumentsSupportedDerivatives✔Commodities✔Stock✔Indices✔Exchange-traded funds✔Shares❌Metals❌China Gather Account Type China Gather provides a diverse range of account types to accommodate the varied needs of users, offering flexibility and tailored options for different investor preferences.FeatureStandardMarginProfessionalLeverage1:2 (Stocks)1:10 (Stocks)1:20 (Stocks)SpreadVariableVariableVariableCommission0.15% (Internet)0.08% (Internet)NegotiableMinimum DepositHK$1,000HK$50,000HK$1,000,000Demo AccountYesYesYesTrading ToolWeb-based and mobile app platformsWeb-based and mobile app platformsWeb-based and mobile app platformsChina Gather Leverage The maximum leverage of China Gather depends on the type of asset and the account type. For stocks, the maximum leverage is 1:2. For bonds, the maximum leverage is 1:4, and for commodities, the maximum leverage is 1:10.AssetAccount TypeMaximum LeverageStocksStandard1:02StocksMargin1:10BondsStandard1:04BondsMargin1:20CommoditiesStandard1:10CommoditiesMargin1:50ProfessionalStocks1:20ProfessionalBonds1:40ProfessionalCommodities1:100China Gather FeesCommissions China Gather imposes a detailed fee structure encompassing trade-related services, settlement-related services, nominee services, corporate actions, fund financial charges, and various other service charges. You can check the table for commissions of specific services.Trade-related ServicesCommission (Phone)0.25% of Transaction Amount (Minimum charge : HK$100.00)Commission (Internet)0.15% of Transaction Amount (Minimum charge : HK$50.00)Trading Platform FeeHK$15.00 per transactionSFC Transaction Levy0.0027% of Transaction AmountSEHK Trading Fee0.00565% of Transaction AmountFRC Transaction Levy0.00015% of each Transaction AmountCCASS Clearing Fee0.002% of Transaction Amount (Minimum charge: HK$3.00)Stamp Duty0.1% of Transaction Amount (Roundup dollar)Withdrawal Settlement-related services include charges for stamp duty deeds, physical shares withdrawal, settlement instruction withdrawal, and investor settlement instruction withdrawal, among others.Scrip Handling and Settlement-related ServicesStamp Duty DeedHKD5.00 for each transfer deedPhysical Shares DepositFree of chargePhysical Shares WithdrawalHK$5.00 per lot (Minimum charge :HK$15.00)Settlement Instruction (SI) DepositFree of ChargeSettlement Instruction (SI) Withdrawal0.002% of Stock value, plus Handling Fee HK$100.00 per stock (Minimum charge: HK$2.00, Maximum charge: HK$500.00)Investor Settlement Instruction (ISI) DepositFee of chargeInvestor Settlement Instruction (ISI) WithdrawalHK$50.00 per stockMulti-Counter Transfer InstructionHK$10.00 per transactionTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable forWeb-based and mobile app platforms✔PC and MobileInvestors of all experience levelsMT4/MT5❌PC and MobileInvestors of all experience levelsDeposit and Withdrawal China Gather provides investors with many methods for fund deposits, including The primary options including Internet Banking/ATM/Bank Counter Services, Submit Cheque In-person, or Telegraphic Transfer. China Gather imposes specific fees for various payment transactions. For HKD House Transfer (HSBC Only), clients will incur a fee of HK$100.00 per transaction. Local bank transfers (chats) come with a charge of HK$300.00 per transaction, while overseas bank telephonic transfers (T/T) involve a fee of HK$400.00 per transaction.Customer Service You can reach out to China Gather 7/24 by email at mail@cgwfinance.com or by phone at +852 2890 9633.Contact OptionsDetailsPhone+852 2890 9633Emailmail@cgwfinance.comSupport Ticket System❌Online Chat❌Social MediaFacebook, Instagram, Twitter, YouTube, etcSupported LanguageEnglishWebsite LanguageEnglishPhysical AddressUnit A1 & A2, 12/F., Lippo Leighton Tower, 103 Leighton Rd., Causeway Bay, Hong Kong.