Company profile
Note: CMS's official website: http://www.cmschina.com.hk/en/ is currently inaccessible normally.CMSReview SummaryFounded/Registered Country/RegionHong KongRegulationRegulatedMarket InstrumentsFuturesCommoditiesFundsStocksBondsOptionsETFIndicesDemo Account❌Leverage/Spread/Trading PlatformCMS Hong Kong App platformCQ Key appCQG Trader Futures Trading softwareCQG Web Futures TradingSPTraderPro HD mobile appSharp Point Futures Trading softwareMin Deposit/Customer SupportPhone: (852)31896368400 1200 3684008888 199(852)31896191Email: online@cmschina.com.hkcmsuk@cmschina.co.ukcmskorea@cmschina.co.krPhysical Address: Central, Hong Kong and Kwun Tong, KowloonCMS Information CMS is a securities company registered in Hong Kong, China and regulated by SFC. It supports the trading of Futures, Commodities, Funds, Stocks, Bonds, Options, ETFs, Indices, etc. It provides 6 trading platforms and 3 accounts.Pros and ConsProsConsBe regulatedNo account details6 trading platformsOfficial website unavailableDemo accounts are not availableIs CMS Legit?Regulated Country/RegionRegulated AuthoritySFCFCARegulated EntityChina Merchants Securities (HK) Co., LimitedconChina Merchants Securities (Uk) LimitedLicense TypeDealing in futures contractsInvestment Advisory LicenseLicense NumberAAI650610534Current StatusRegulatedExceededWhat Can I Trade on CMS? CMS offers Hong Kong futures trading, including Hang Seng Index futures, Mini Hang Seng Index futures, etc. CMS also offers bond trading, trading of various funds, including equity funds, bond funds and balanced funds, and ETFs. In addition, there are Hong Kong stocks, overseas stocks in 12 different markets, stock options, global commodities, futures and indices.Tradable InstrumentsSupportedFutures✔Commodities✔Funds✔Stocks✔Bonds✔Options✔ETF✔Indices✔Forex❌Account Types CMS offers two main types of securities accounts: cash account and margin account. A futures account dedicated to trading futures contracts is also available.CMS Fees Securities trading charges include 0.25% brokerage commission (minimum HK $100), transaction levy 0.0027%, transaction fee 0.00565%. A stamp duty of 0.13% is imposed on banknotes sold. Stock options trading involves a commission of HK $40 per contract per party, with a minimum of HK $100 for executed orders. CMS charges an annual custodial fee of 0.04 percent of market value for its bond trading services, as well as a $30 transaction fee and an $80 early redemption fee.Trading TypeCharge DetailsRate/AmountSecurities TradingBrokerage Commission0.25% (minimum HK $100)Transaction Levy0.00%Transaction Fee0.01%Stamp Duty on sold banknotes0.13%Stock OptionsCommission per contract per partyHK $40 (minimum HK $100 for executed orders)CMS Bond TradingAnnual Custodial Fee0.04% of market valueTransaction Fee$30Early Redemption Fee$80Trading Platform CMS can use CMS Hong Kong App platform and CQ Key app for stock trading, which is available for mobile devices. CMS offers a variety of software options for futures trading: CQG Trader Futures Trading software, CQG Web Futures Trading, SPTraderPro HD mobile app, and Sharp Point Futures Trading software.Trading PlatformSupportedAvailable DevicesSuitable forCMS Hong Kong App platform✔MobileAll tradersCQ Key app✔MobileAll tradersCQG Trader Futures Trading software✔-All tradersCQG Web Futures Trading✔WebAll tradersSPTraderPro HD mobile app✔MobileAll tradersSharp Point Futures Trading software✔-All tradersMT4❌MT5❌Deposit and Withdrawal There are 4 deposit methods supported by CMS: Transfer to designated bank account (e.g. Standard Chartered Bank, Bank of China) Online banking through China Merchants Bank Hong Kong Branch (CMBHK) Checking deposit Same day bank transfers from selected local banks Withdrawals can be made through online trading platforms or by check and remittance. In addition, bank account authorization and deposit of funds are free of charge.
FX1827755453
Hong Kong
From 2024.9.24 to 10.20, mainland employees such as Xu Xinyue went to Hong Kong for exchange and learning training. A foreign exchange investment sector was temporarily developed, with Hong Kong providing the platform and mainland employees responsible for recruiting investors. Once a certain amount of funds is obtained, the accounts will be frozen! They exploit legal loopholes by using Hong Kong law to induce traders to continue depositing money to unfreeze their accounts! It's a never-ending cycle. Exploiting legal loopholes!
Exposure
2024-11-01