Company profile
CORPORATE BROKERS LIMITED Review Summary Founded 1982 Registered Country/Region SFC (Regulated) Regulation China Hong Kong Market Instruments Hong Kong securities, Hong Kong Stock Connect, Shenzhen Stock Connect, futures Demo Account Unavailable Trading Platforms Concord Securities trading platform Minimum Deposit N/A Customer Support Phone, fax What is CORPORATE BROKERS LIMITED? Corporate Brokers Limited, a firm overseen by SFC, operates as a reputable financial institution in Hong Kong. Corporate Brokers Limited offers a diverse range of products and services to its clients, encompassing various financial instruments. Trading commissions vary depending on the specific product being traded. Through its Concord Securities trading platform, Corporate Brokers Limited provides clients with user-friendly and feature-rich tools for seamless trading experiences. In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance. Pros & Cons Pros Cons • Regulated by SFC • No demo accounts • A range of services and products • Reports of scams • No social media presence • No live chat support Pros of CORPORATE BROKERS LIMITED: Regulation by SFC: Being regulated by the Securities and Futures Commission (SFC) provides a level of assurance to clients that Corporate Brokers Limited operates within the framework of established guidelines and regulations, ensuring greater transparency and investor protection. Range of services and products: Corporate Brokers Limited offers a diverse range of services and products, allowing clients to access various financial instruments and invest in different markets according to their preferences and investment strategies. Cons of CORPORATE BROKERS LIMITED: No demo accounts: The absence of demo accounts will be a limitation for clients who prefer to practice and familiarize themselves with the platform before committing real funds, potentially restricting the ability to explore and test different trading strategies. Reports of scams: The presence of reports of scams on the company's website can raise concerns among potential clients, leading to doubts about the company's credibility and the overall security of its services. No social media presence: The lack of a social media presence limits the company's ability to interact and engage with clients on popular platforms, potentially hindering communication and the dissemination of important updates and information. No live chat support: The absence of live chat support impacts the level of immediate assistance available to clients, potentially creating delays in resolving inquiries or issues. Is CORPORATE BROKERS LIMITED Safe or Scam? CORPORATE BROKERS LIMITED is regulated by the Securities and Futures Commission (SFC), which is an independent statutory body set up in 1989 to regulate Hong Kong's securities and futures markets. However, this broker exceeds the business scope regulated by China Hong Kong SFC (license number: AAC806) SFC-Dealing in securities Non-Forex License. Please be aware of the risk! As with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing. Market Instruments Corporate Brokers Limited offers a range of products and services, including: Hong Kong Securities: Corporate Brokers Limited allows clients to trade securities listed on the Hong Kong Stock Exchange, providing access to a wide range of Hong Kong stocks. Hong Kong Stock Connect: Corporate Brokers Limited facilitates trading under the Shanghai Stock Connect and Shenzhen Stock Connect programs. These trading links enable investors to trade eligible stocks listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange. Shenzhen Stock Connect: Corporate Brokers Limited provides access to the Shenzhen Stock Exchange through the Shenzhen Stock Connect program, connecting investors in Hong Kong with stocks listed in Shenzhen. Futures: Corporate Brokers Limited may offer trading in futures contracts. Futures are derivative financial instruments that allow investors to speculate on the future price movements of commodities, currencies, stock market indices, and more. Commissions & Fees Trading commissions vary by product. For example, the minimum charge for Hong Kong stocks is HK$100 / RMB 100 (for orders placed by traders) or HK$50 / RMB 50 (for orders placed via the Internet). Trading Platforms Corporate Brokers Limited offers the Concord Securities trading platform to its clients. The Concord Securities platform provides a seamless and user-friendly experience for investors to trade various financial instruments. Corporate Brokers Limited offers a mobile trading app, allowing clients to trade on the go using their smartphones or tablets. The mobile app provides access to real-time market quotes, and account management features. The app is designed to provide a seamless trading experience and is available for iOS and Android devices. Deposit & Withdrawal Customers can deposit money into the bank accounts by transferring funds through the counters, ATMs or Internet banking services set up by ICBC (Asia), Bank of China (Hong Kong), Hang Seng Bank and HSBC, and then confirm the deposit procedures by calling the Settlement Department at 28320140 after clearly stating the customer's name and account number on the bank receipt (if any). Alternatively, customers who intend to withdraw the money can also call the Settlement Department, which will deposit the relevant funds on the designated date into the bank account designated by the customer when opening the account. User Exposure on WikiFX On our website, you can see reports of scams. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you. Customer Service Customers can visit their office or get in touch with customer service line using the information provided below: Telephone: +852 2832 0132 Fax: 2832 0123 Conclusion In conclusion, Corporate Brokers Limited is a reputable financial institution operating in Hong Kong. It is regulated by SFC. The company offers a diverse range of products and services, including access to securities, futures, and trading platforms such as Concord Securities. Overall, CORPORATE BROKERS LIMITED can be a choice for beginners due to its regulated status and accessible customer support. However, users should be aware of the platform's limitations, including the limited product range, restrictions on certain trading strategies, inactivity fees, and a somewhat restricted research selection. Frequently Asked Questions (FAQs) Q 1: Is CORPORATE BROKERS LIMITED regulated? A 1: Yes. It is regulated by SFC. Q 2: How can I contact the customer support team at CORPORATE BROKERS LIMITED? A 2: You can contact via telephone, +852 2832 0132 and fax, 2832 0123. Q 3: Does CORPORATE BROKERS LIMITED offer demo accounts? A 3: No. Q 4: Does CORPORATE BROKERS LIMITED offer the industry leading MT4 & MT5? A 4: No. Instead, it offers Concord Securities trading platform. Q 5: Is CORPORATE BROKERS LIMITED a good broker for beginners? A 5: Yes. It is a good choice for beginners because it is regulated well and offers various trading products. 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.
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