Company profile
CORPORATE COMMODITIES LIMITED Review SummaryFounded1982Registered Country/RegionHong KongRegulationSFCMarket InstrumentsSecurities, Futures, StocksDemo Account❌Trading PlatformOnline Securities Trading, Online Futures Trading, Mobile Trading AppCustomer SupportTel: 2832 0132Fax: 2832 0123Email: enquiry@cblhk.comCORPORATE COMMODITIES LIMITED Information Corporate Commodities Limited, founded in 1982 and headquartered in Hong Kong, is regulated by the Securities and Futures Commission (SFC) under license AAK110 for futures trading. It provides securities and futures trading services, including access to Stock Connect for trading equities in Shanghai and Shenzhen.Pros and ConsProsConsRegulated by Hong Kong SFCNo demo or Islamic accounts availableSupports both securities and futures tradingLimited trading productsMultiple platforms: web, PC, and mobile supportedMinimum deposit not clearly statedIs CORPORATE COMMODITIES LIMITED Legit? Corporate Commodities Limited is regulated by the Securities and Futures Commission (SFC) of Hong Kong and holds a valid license (No. AAK110) to trade futures contracts, which has been in existence since February 18, 2004. However, a related firm, Corporate Brokers Limited, once held a license (No. AAC806) for dealing in securities, but its regulatory status has been changed to “Exceeded,” suggesting that the license is no longer valid.What Can I Trade on CORPORATE COMMODITIES LIMITED? The company provides trading services in securities and futures, as well as access to the Hong Kong and Mainland China stock markets through Stock Connect.Trading InstrumentsSupportedSecurities✔Futures✔Stocks✔Forex❌Commodities❌Indices❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Account Type Corporate Commodities Limited provides three types of actual trading accounts: cash securities accounts, margin securities accounts, and futures trading accounts. It currently does not provide demo or Islamic accounts (swap-free). Each account is suitable for a variety of trader profiles, including novice, experienced, leveraged, and futures traders.CORPORATE COMMODITIES LIMITED Fees Corporate Commodities Limited's fees are generally consistent with industry standards in Hong Kong. Some minimum charges (e.g., internet trading for HKD 50) are slightly cheaper than those of large brokerage firms, while others (such as futures and administrative fees) are ordinary or moderately priced. Overall, fees are competitive with the Hong Kong market average.CategoryService ItemFeeSecuritiesBrokerage – Dealer AssistedNegotiable (Min: HKD 100)Brokerage – Internet/MobileNegotiable (Min: HKD 50)Stamp Duty0.10%Trading Fee0.01%SFC Levy0.00%FRC Levy0.00%Settlement Fee0.01%, Min HKD 5, Max HKD 300Physical Stock WithdrawalHKD 30 + HKD 5 (if <1 lot)SI (Settlement Instruction)0.05%, Min HKD 200ISI (Investor Settlement Instruction)0.01%, Min HKD 20Dividend Collection0.50%, Min HKD 30FuturesHang Seng Index Futures – InternetHKD 20 / 50 (Day / Non-Day)Hang Seng Index Mini Futures – InternetHKD 12 / 20Commission on Options1% of valueSFC Levy (Futures/Options)HKD 0.54 / 0.10Exchange Fee (Futures/Options)HKD 10 / 3.5 / etc.Auto Close-out Fee (on expiry)HKD 100 (varies)Other ChargesMonthly Quote System (AASTOCKS)HKD 368Inactive Account FeeHKD 50/yearOutgoing T/T (HK/Overseas)HKD 200 / 300Statement ReprintHKD 100Trading PlatformTrading PlatformSupportedAvailable DevicesSuitable ForOnline Securities Trading✔PC / Web browserStock investors and general tradersOnline Futures Trading✔PC / Web platform (downloadable)Futures and derivatives tradersMobile Trading App✔iOS / Android smartphonesTraders who need mobile accessDeposit and Withdrawal Corporate Commodities Limited does not charge fees on deposits or withdrawals made in the client's name. The minimum deposit amount is not expressly stated, thus it may change depending on the account type or trading criteria.Payment MethodFeesProcessing TimeCheque (in person)❌Same day if before 3:30 PMBank Transfer (ATM / online / counter)❌Within 1 business dayWithdrawal by Cheque❌Usually next business dayBank Transfer (Withdrawal)❌As per bank processing timesStock Withdrawal (Physical or Transfer)Company fees applyVaries
ukcuun
United Kingdom
CORPORATE BROKERS LIMITED only provides services in Chinese? Forget it, I'm not interested in it. With so many companies in the foreign exchange industry, I have many other options.
Positive
2023-03-06