Corporate Brokers Limited, established in 1982, operates as a financial brokerage firm headquartered in Hong Kong, specifically at Unit 408-409, 4/F, Fortress Tower, 250 Kings Road, Fortress Hill, Hong Kong. The company is privately held and has carved a niche in the financial services sector, primarily serving individual and institutional clients interested in trading various financial instruments.
Over the years, Corporate Brokers Limited has developed its offerings, which include trading in Hong Kong securities, futures, and participation in stock connect programs. The firm has evolved to address the growing needs of traders, focusing on providing a user-friendly platform that simplifies the trading process. The business model encompasses both retail forex trading and institutional services, catering to a diverse clientele looking to explore opportunities in the financial markets.
The firm has made significant strides since its inception, establishing a reputation for reliability and service quality. However, it is essential to note that while the company has a long operational history, it has recently faced scrutiny regarding its regulatory compliance and operational practices.
Corporate Brokers Limited operates under the oversight of the Securities and Futures Commission (SFC) in Hong Kong. The regulatory license number is AAC 806. This license allows the firm to deal in securities; however, there are concerns regarding its compliance with the regulatory scope, as reports indicate that it may operate beyond the authorized limits.
The firm adheres to several key compliance measures:
Despite these measures, potential investors should exercise caution due to the reported regulatory issues and the lack of transparency surrounding certain operational aspects.
Corporate Brokers Limited offers a diverse array of trading products, catering to various market interests. The broker provides access to:
The firm continuously updates its product offerings to reflect market trends and client demands, ensuring traders have access to the latest trading instruments.
Corporate Brokers Limited utilizes the Concord Securities trading platform, which is designed to provide a seamless trading experience. However, it does not support the widely recognized MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, which may limit its appeal to traders accustomed to these tools.
Key features of the trading platform include:
There is currently no provision for demo accounts, which restricts potential clients from testing the platform before committing real funds.
Corporate Brokers Limited provides several account types tailored to meet the varying needs of traders:
The minimum deposit requirements for accounts can be significant, with some accounts requiring deposits of €25,000 or more. The leverage offered can reach up to 1:100, which allows traders to amplify their market exposure.
Corporate Brokers Limited supports a variety of deposit methods, including:
The minimum deposit varies by account type, and processing times for deposits are generally prompt. Withdrawal methods are also available, but clients have reported issues regarding withdrawal processing times and potential fees associated with these transactions.
The firm emphasizes transparency in its fee structure, although some users have indicated that there may be hidden fees, particularly concerning withdrawals.
Corporate Brokers Limited offers multiple channels for customer support, including:
The firm provides support in multiple languages, catering to its diverse clientele. Educational resources are available, including webinars, tutorials, and market analysis tools, which aim to enhance the trading skills and knowledge of its users.
Corporate Brokers Limited primarily serves clients in Hong Kong and the surrounding regions. However, it has specific restrictions on accepting clients from certain countries due to regulatory compliance issues. It is crucial for potential clients to review the broker's terms of service to ensure they are eligible to open an account.
In summary, while Corporate Brokers Limited presents itself as a reputable brokerage with a range of trading options, potential clients should conduct thorough research and consider the associated risks, particularly regarding regulatory compliance and operational transparency. The firms offerings may suit traders seeking access to diverse financial instruments, but caution is advised due to the reported concerns surrounding its practices.
FX3739673730
Philippines
I was introduced to the scam by a Chinese girl named Lisa to invest in gold through the broker CBMH LTD on the MT4 platform.She is based in Paris and wanted to help me earn more money. After a while and some suspicion, I finally injected little by little all my savings, thinking that I could withdraw whenever I want. She tricked me into acceptin an event in which I can arn 10% of the money invested, but she made it sound differently, only telling me that . I took a loan of 15.000 euros to be able to complete the scheduled event before they freeze my account.I made several payments using Binance, for a total of roughly 25.000 euros.
Exposure
2021-09-07
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