CL Group Review Summary Founded 2004 Registered Country/Region China Hong Kong Regulation SFC (Regulated) Finanial Services Securities brokerage, Futures trading, Placing and underwriting Demo Account Unavailable Customer Support Phone Number: +852 34262664 Fax：34262674 Email: clsec@cheongleesec.com.hk Address:Unit B, 16/F, Bank of East Asia Harbour View Center, 56 Gloucester Road, Wanchai, Hong Kong What is CL Group？ CL Group is a regulated financial services provider based in China Hong Kong, founded in 2004. Regulated by the Securities and Futures Commission of Hong Kong (SFC) under license number AMI414, CL Group offers a range of financial services including securities brokerage, futures trading, and placing and underwriting. Clients can contact CL Group for account opening details or queries through various channels. Pros & Cons Pros Cons Regulated by SFC Lack for MT4 Platform Multiple Market Instruments Multiple Customer Support Channels Pros: Regulated by SFC: Currently, CL Group is overseen by the Securities and Futures Commission of Hong Kong (SFC), which means that it operates under strict legal parameters set by this financial regulatory body, ensuring a secure trading environment for its users. Multiple Market Instruments: The platform offers diverse services, including Securities brokerage, Futures trading, and Placing and underwriting, catering to various trading needs and experience levels. Multiple Customer Support Channels: CL Group provides various customer support channels including phone, email, and address, enhancing accessibility and assistance for clients. Cons: Lack for MT4 Platform: Lack for MT4 platform can be a big drawback for this broker, because MT4 is preferred by most traders. Is CL Group Safe or Scam？ Regulatory sight: Currently, CL Group is overseen by the Securities and Futures Commission of Hong Kong (SFC), operating under a Dealing in futures contracts License with license number AMI414. This signifies that the broker is working within the legal parameters set by the corresponding regulatory bodies. User feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums. Security measures: CL Group serves clients in multiple jurisdictions while maintaining the same regulatory standards in each region. Finanial Services Securities Brokerage: Backed by an experienced team of dealers and a Stock Exchange approved BSS trading system. Enables speedy and accurate transactions. Provides flexibility in placing orders via internet, telephone, or office visits. Offers in-depth market analysis through its research team, aiding clients in making informed decisions and creating value. Futures Trading: Offers brokerage and trading services in futures and options, including HSI futures and options, and mini-HSI futures and options. Clients can place orders through the efficient OAPI futures contract dealing system. Orders can be executed via internet, telephone, or office visits. Placing and Underwriting: Leverages a dedicated team of experienced professionals. Acts as an underwriter, sub-underwriter, or placing agent in Initial Public Offerings (IPOs) and placing of existing or new shares or convertible bonds of companies listed on the Hong Kong Stock Exchange. Also serves as a placing agent for overseas stock market companies, such as those listed on the Toronto Stock Exchange and Australia Stock Exchange. Achieves remarkable results through high-end client base and strong alliances with strategic partners. How to Open an Account？ In-Person Account Opening: Clients can visit the company's office and submit completed documents. Alternatively, clients can mail the completed documents along with a crossed cheque of $10,000 or above payable to Cheong Lee Securities Limited to the Wan Chai Office. Online Account Opening Process: Fill in the relevant account opening documents electronically and sign them using an electronic signature. Transfer not less than HK$10,000 or its equivalent currency from a local bank account in Hong Kong to the company's receiving account. Keep the relevant transfer vouchers. Send the transfer vouchers along with all completed and signed documents to the company's email address: clsec@cheongleesec.com.hk. Clients who opt for online account opening can only deposit funds from the bank account registered in the account opening documents. Electronic Signature via Mobile App: Download the relevant mobile app for e-signing the documents. For iPhone or iPad users, use the following hyperlink: https://apps.apple.com/hk/app/adobe-fill-sign-form-filler/id950099951？l=en For Android users, use the following hyperlink: https://play.google.com/store/apps/details？id=com.adobe.fas&hl=en Account Opening Confirmation: Upon receiving the relevant documents, Cheong Lee Securities Limited will process the account opening as soon as possible. The company will notify the customer via post, fax, or email after confirming the account opening. Contact for Further Details: For account opening details or queries, clients can contact the company directly or speak to its customer representatives. Customer Service CL Group provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience. Phone Number: +852 34262664 Fax：34262674 Email:clsec@cheongleesec.com.hk Address: Unit B, 16/F, Bank of East Asia Harbour View Center, 56 Gloucester Road, Wanchai, Hong Kong Conclusion In conclusion, CL Group stands out as a reputable financial services provider. Regulated by the Securities and Futures Commission of Hong Kong (SFC), the company offers a comprehensive range of financial services and multiple channels for clients to reach their experienced team, ensuring convenience and satisfaction. However, the lack of support for the popular MT4 platform could be considered a drawback depending on individual trader preferences. Frequently Asked Questions (FAQs) Q 1: Is CL Group regulated？ A 1: Yes. It is regulated by SFC. Q 2: Does CL Group offer demo accounts？ A 2: No. Q 3: What services does CL Group offer？ A 3: CL Group provides a range of financial services including securities brokerage, futures trading, and placing and underwriting. Q 4: Is CL Group a good broker for beginners？ A 4: Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.