Huatai International Forex Broker

Huatai International Review SummaryFounded2006Registered Country/RegionHong KongRegulationSFCServicesPrivate Wealth Management, Equity Derivatives, FinTech and Retail Business, Investment Banking, Private Capital Investment, EST, Asset Management, FICCTrading PlatformHuatai International AppMin Deposit0Customer SupportService time: 9:00 am-12:00 noon, 1:00 pm-6:00 pmTel: (852) 3658 6000Fax: (852) 3658 6000Email: hkinfo@htsc.com, pwm.service@htsc.comAddress: 4201, 42/F & 53F, 5808-12, 58/F & 62/F & 69/F, THE CENTER, 99 QUEEN'S ROAD CENTRAL, HK Huatai International Financial Holdings Company Limited (“Huatai International”) is a wholly owned subsidiary of Huatai Securities Co., Limited (601688.SH and 6886.HK) (the “Group” or the “the parent company” or “HTSC”). It was registered in Hong Kong in 2006 and is not subject to any regulations.Pros and ConsPros Cons Many years' industry experienceLimited payment optionsRegulated by SFCVarious financial servicesTransparent fee structureNo minimum depositIs Huatai International Legit? Huatai International 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. It also has been in operation for several years, and has received positive reviews from many customers. Based on the information, Huatai International appears to be a reliable and trustworthy broker. However, 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.ServicesServicesSupported Private Wealth Management✔Equity Derivatives✔FinTech and Retail Business✔Investment Banking✔Private Capital Investment✔EST✔Asset Management✔FICC✔Huatai International FeesItemsShenzhen - Hong Kong Stock ConnectHong Kong Stock ConnectInitial Public Offering (IPO) SubscriptionNot AllowedLot Size per Transaction100 SharesDepends on the Individual StockMaximum Order Size1,000,000 SharesMinimum Price Fluctuation0.01 RMBPrice Limits±10% of the previous closing price; For ST and *ST stocks, ±5% of the previous closing price; Prices must be within the price limit rangePrices must be within the price limit rangeSettlement DateT Day (Securities Settlement) T + 1 Day (Fund Settlement)T + 2 (Securities Settlement + Fund Settlement)Shareholder VotingCan be conducted through the voting function of the Central Clearing SystemCollected and submitted by China SettlementItemsChargesBrokerage Commission0.25% of the transaction amount per lot, with a minimum charge of 100 RMBTransaction Stamp Duty0.1% of the transaction amount (only for sell-off)Handling Fee0.00487% of the transaction amountCertification Management Fee0.002% of the transaction amountTransfer Fee0.002% of the transaction amount (paid according to the Shanghai - Hong Kong Stock Connect / Shenzhen - Hong Kong Stock Connect rules of China Settlement)0.002% of the transaction amount (paid according to the general rules of the Central Clearing System) *For other tax items specified by the State Administration of Taxation, such as dividend tax, they will be collected according to the standards after the notification of the State Administration of Taxation is completed.Trading PlatformTrading PlatformSupported Available Devices Suitable for Huatai International App✔iOS, Android/Deposit and Withdrawal Deposit option: Customers may choose to apply for a wire transfer, make a transfer, or issue a check through their own account to deposit funds into Huatai Hong Kong's bank account or the sub-account opened for them by the bank. Please note that third-party deposits are not accepted. Withdrawal option: Through the online trading platform, select online withdrawal (only accepts registered bank accounts of the client with Huatai International) withdrawal notification form. Customers should log in to the Huatai Hong Kong website to download the form, fill it out completely, and then provide it to Huatai International via fax or email. Withdrawal time restrictions: Huatai International's cutoff timefor withdrawals is at 11:00 AM daily. Any withdrawal instructions received after 11:00 AM will be processed on the next business day. When the Hong Kong Observatory issues a No. 8 Strong Wind or Gale Signal or a Black Rainstorm Warning Signal, withdrawal instructions may be postponed to the next business day for processing.