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LUKFOOK FINANCIAL Forex broker specializes in providing foreign exchange trading services, the company's official website https://lff.com.hk/e..., the company's legitimate regulatory information Hong KongSFCDerivatives Trading License (AGN) to enhance the security of the company's address Units 2201-2205, 22/F, Cosco Tower,183 Queen’s Road Central, Hong Kong (MTR Sheung Wan Station Exit E2)

LUKFOOK FINANCIAL Forex Broker

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LUKFOOK FINANCIAL

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LUKFOOK Review SummaryFounded1999Registered Country/RegionHong KongRegulationSFCMarket InstrumentsFutures, options, stock, securitiesAccount TypeSecurities Account, Options AccountTrading PlatformSecurities Trading SystemPayment MethodBank Transfer, Cheque Deposit, Telegraphic Transfer (including through bank counter, ATM & cheque deposit machine), FPSCustomer SupportPhone: (852) 2980 0888Fax: (852) 2980 0799Email: cs@lff.com.hkPhysical Address: Units 2201-2207 & 2213-2214, 22/F, Cosco Tower,183 Queens Road Central, Hong Kong (MTR Sheung Wan Station Exit E2)LUKFOOKR Information LUKFOOK, founded in 1999, is a brokerage registered in Hong Kong. The trading instruments it provides cover more than 50 types of forex , more than 70 types of shares, indices, metals, and commodities.Pros and ConsProsConsRegulatedNo commission informationWide range of trading instrumentsNo clear information on the minimum deposit for each accountsGenerous leverage up to 1:500Limited account types offeredMT4 and MT5 supportedNo Islamic accountCopy trading availableDemo account availableIs LUKFOOK Legit? LUKFOOK is regulated by SFC in Hong Kong. Its current status is regulated.Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent StatusHong KongSFCLuk Fook Futures (HK) LimitedDealing in futures contractsAXW976RegulatedWhat Can I Trade on LUKFOOK? LUKFOOK offers traders securities, futures, options, stock to trade.Tradable InstrumentsSupportedSecurities✔Fetures✔Options✔Stock✔Forex❌Commodities❌Metals❌Indices❌Futures❌LUKFOOK Fees The LUKFOOK fees composition are complex. For example, Hong Kong securities transaction fees are included: Commission, Stamp Duty, Transaction Levy, Trading Fee, Clearing Fee, AFRC Transaction Levy and other fees.TypesFeesCommissionOnline cash accountNegotiableOnline margin accountStamp Duty0.1% of Transaction Amount (roundup to dollar)Transaction Levy0.0027% of transaction amountTrading Fee0.00565% of transaction amountClearing Fee0.002% of transaction amountMin. charge $2.00. Max. charge $100.00AFRC Transaction Levy0.00015% of transaction amount (rounded to the nearest cent)Trading Platform LUKFOOK's trading platform is Securities Trading System, which supports traders on PC.Trading PlatformSupportedAvailable DevicesSecurities Trading System✔WebMT4 Margin WebTrader❌MT5❌Deposit and WithdrawalDeposit Fund Deposit to Securities account Methods: Bank Transfer, Cheque Deposit, Telegraphic Transfer (including through bank counter, ATM & cheque deposit machine), FPS. Payable to: Luk Fook Securities (HK) LimitedBankCurrencyBank Account NumberSWIFT IDHSBCHKD511-246613-001HSBCHKHHRMB848-160834-209HSBCHKHHUSD848-160834-201HSBCHKHHStandard Chartered BankHKD447-0789162-3SCBLHKHHXXXUSD447-0789658-7SCBLHKHHXXXHang Seng BankHKD275-225738-001HASEHKHHBank of ChinaHKD012-875-0047477-9BKCHHKHHXXXRMB012-875-06022754BKCHHKHHXXXFPS Identifier (applicable to HKD)Account Name5561857Luk Fook Securities (HK) Limited Fund Deposit to Futures Account Methods: Bank Transfer, Cheque Deposit, Telegraphic Transfer (including through bank counter, ATM & cheque deposit machine), FPS. Payable to: Luk Fook Futures (HK) LimitedBankCurrencyBank Account NumberSWIFT IDHSBCHKD848-161287-001HSBCHKHHUSD848-161295-274HSBCHKHHStandard Chartered BankHKD447-0788477-5SCBLHKHHXXXUSD447-1-782444-9SCBLHKHHXXXHang Seng BankHKD787-466911-002HASEHKHHBank of ChinaHKD012-875-00499941BKCHHKHHXXXUSD012-875-08037976BKCHHKHHXXXRMB012-875-06031244BKCHHKHHXXXFPS Identifier (applicable to HKD)Account Name9006271Luk Fook Futures (HK) Limited – HKFE Clients A/CWithdrawal The following withdrawal methods are available: Cheque Withdrawal (HKD), CHATS, Remittance.
How to login to LUKFOOK FINANCIAL?

LUKFOOK FINANCIAL Similar Brokers

Latest Reviews

Pros
Wide range of trading instruments, including over 50 forex pairs and more than 70 additional assets.
Regulated by the Hong Kong Securities and Futures Commission, providing some level of oversight.
Generous leverage options available, up to 1:500.
Cons
Poor user ratings and low trust scores, indicating significant dissatisfaction with service quality.
Limited information available regarding account types, minimum deposit requirements, and trading costs.
Customer service is reported to be below average, with users experiencing difficulty in reaching support.

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
Luk Fook Financial Services Limited
Abbreviation
LUKFOOK FINANCIAL
Company employee
--
Customer Service Email Address
cs@lff.com.hk
Contact Number
+85229800888
Company Website
Company Address
Units 2201-2205, 22/F, Cosco Tower,183 Queen’s Road Central, Hong Kong (MTR Sheung Wan Station Exit E2)
How to login to LUKFOOK FINANCIAL?
lukfook Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a lukfook Account Registering for a lukfook account is the first step to accessing their services. Follow these detailed steps to successfully complete the registration process. Step 1: Accessing the Registration Page Begin by visiting the official lukfook website. Look for the "Register" or "Sign Up" button, typically located at the top right corner of the homepage. Click on it to navigate to the registration form. Step 2: Filling in Required Information You will be prompted to fill in personal information such as your full name, email address, phone number, and date of birth. Ensure that all information is accurate, as it will be used for identity verification. Step 3: Email/Phone Verification After submitting your information, you will receive a verification email or SMS. Click the link in the email or enter the code sent to your phone to verify your account. This step is crucial for ensuring the security of your account. Step 4: Identity Verification (if required) Depending on your region and the services you wish to access, lukfook may require additional identity verification. This could involve uploading a copy of your identification document (such as a passport or ID card) and proof of address. Follow the prompts to complete this step. Step 5: Registration Confirmation Once all information is verified, you will receive a confirmation message indicating that your registration is successful. You may also receive a welcome email with further instructions on how to proceed. Common Registration Issues and Solutions Email Not Received: Check your spam/junk folder. If you still can‘t find it, try resending the verification email. Verification Code Issues: If you don’t receive the SMS code, ensure your phone number is correct and try requesting a new code. Identity Verification Failures: Make sure the uploaded documents are clear and legible. If rejected, follow the guidelines provided to resubmit. Regional Differences in Registration While the registration process is generally uniform, certain regions may have specific requirements. For instance, users in Hong Kong may need to provide additional documentation compared to users in other areas. Always check the lukfook website for the most current regional requirements. Part Two: Account Opening Process lukfook Account Opening Detailed Guide After successful registration, you will need to open your lukfook account to start trading or accessing other services. This section outlines the steps involved in the account opening process. Explanation of Differences Between Registration and Account Opening While registration is about creating your account, account opening involves selecting the type of account you want and providing necessary documentation to access services. Preparation Work Before Account Opening Before you start the account opening process, ensure you have the following documents ready: A valid ID (passport or national ID) Proof of address (utility bill or bank statement) Any additional documents required for your specific account type Detailed Account Opening Steps Step 1: Selecting Account Type Log into your lukfook account and navigate to the account opening section. You will be presented with different account types (e.g., individual, corporate). Choose the one that best fits your needs. Step 2: Submitting Required Documents Upload the necessary documents identified in the preparation step. Ensure that all documents are current and clearly visible to avoid delays. Step 3: Account Review Process Once submitted, lukfook will review your application. This process may take anywhere from a few hours to a couple of days, depending on their workload and the complexity of your application. Step 4: Account Activation Upon approval, you will receive a notification confirming that your account is activated. You may also receive additional instructions on how to fund your account. Step 5: Initial Setup After activation, log into your account to complete the initial setup. This may include setting security questions, changing your password, and linking a bank account for transactions. Frequently Asked Questions About Account Opening How long does the account opening process take? Typically, it can take a few hours to several days depending on the verification process. What if my application is rejected? You will receive a notification explaining the reason. You can correct any issues and resubmit your application. Next Steps After Opening an Account Once your account is open, familiarize yourself with the trading platform, explore available services, and consider making an initial deposit to start trading. Part Three: Login Guide lukfook Login Process Explained Logging into your lukfook account is straightforward. Below are the steps to access your account via the website and mobile app. Basic Web Login Process Step 1: Visit the Official Website Go to the lukfook homepage and locate the “Login” button, usually found at the top right corner. Step 2: Enter Your Credentials Input your registered email address and password in the provided fields. Ensure that your credentials are correct to avoid login issues. Step 3: Two-Factor Authentication (if enabled) If you have two-factor authentication enabled, you will need to enter the verification code sent to your registered email or phone. Step 4: Click “Login” After entering your credentials and any required verification, click the “Login” button to access your account. Step 5: Dashboard Access Once logged in, you will be directed to your account dashboard where you can manage your investments and access other features. Mobile App Login Process Download the lukfook mobile app from the App Store or Google Play. Open the app and click on the “Login” button. Enter your credentials and any two-factor authentication code, if applicable. Click “Login” to access your account. Other Login Methods Lukfook may offer Single Sign-On (SSO) options or allow logging in through third-party accounts. Check the login page for available options. Common Login Issues and Solutions Forgotten Password: Click on the “Forgot Password” link and follow the instructions to reset your password. Account Lockout: If you enter incorrect credentials multiple times, your account may be temporarily locked. Wait for the specified time or contact customer support for assistance. Technical Issues: Ensure your internet connection is stable. If problems persist, try clearing your browser cache or using a different browser. Overview of Features After Login After logging in, you can access various features such as account management, trading tools, market analysis, and customer support. Additional Sections Account Security Recommendations Regularly change your password and use a strong combination of letters, numbers, and symbols. Enable two-factor authentication for additional security. Monitor your account activity regularly for any unauthorized transactions. Best Practices for Account Management Keep your personal information up to date. Set up alerts for significant account activities. Regularly review your investment portfolio and performance. How to Get Technical Support For any issues or inquiries, you can contact lukfooks customer service via: Phone: (852) 2980 0888 Email: cs@lff.com.hk Online inquiry form available on their website. This guide aims to provide a comprehensive overview of the registration, account opening, and login processes for lukfook. By following the outlined steps and recommendations, you can ensure a smooth experience while using the platform. For the most accurate and updated information, always refer to the official lukfook website.

Lukfook Forex Broker - Comprehensive Information Guide

1. Broker Overview

Lukfook, officially known as Luk Fook Futures (HK) Limited, was established in 1999 and is headquartered in Hong Kong. The company operates primarily in the financial services sector, focusing on futures contracts and options trading. It is a regulated entity under the Securities and Futures Commission (SFC) of Hong Kong, which adds a layer of credibility to its operations.

Lukfook caters to a diverse clientele, including retail investors and institutional traders, providing access to a wide range of financial instruments. Over the years, the company has evolved, marking significant milestones such as its regulatory approval and expansion of services to include various trading products.

As part of its business model, Lukfook operates as a retail forex broker, offering futures and options trading services. The company has established itself as a reputable player in the market, focusing on providing quality trading experiences and access to various financial markets.

The Lukfook broker has a strong emphasis on customer service, ensuring that clients receive timely support and guidance as they navigate the trading landscape.

2. Regulatory and Compliance Information

Lukfook is regulated by the Securities and Futures Commission (SFC) in Hong Kong, holding the license number AXW 976. The license allows the broker to engage in futures contracts and options trading, ensuring compliance with local regulations.

The regulatory framework in which Lukfook operates mandates strict adherence to KYC (Know Your Customer) and AML (Anti-Money Laundering) policies. This means that clients must undergo identity verification processes to ensure the integrity of their accounts and the safety of funds.

Lukfook maintains a customer fund segregation policy, which ensures that client funds are kept separate from the company's operational funds. This practice is crucial for protecting client assets in the event of financial difficulties faced by the broker.

The broker does not currently participate in any investor compensation schemes; however, it adheres to best practices in risk management and client fund protection.

3. Trading Products and Services

Lukfook offers a variety of trading products, primarily focusing on futures and options. The broker provides access to over 50 types of futures contracts, catering to various market preferences. While forex trading is not supported, clients can trade a diverse array of indices, commodities, and stocks through the platform.

The CFD (Contract for Difference) offerings include indices, commodities, and stock options, allowing traders to speculate on price movements without owning the underlying assets. The broker is committed to regularly updating its product offerings, ensuring that clients have access to the latest financial instruments available in the market.

Lukfook's retail trading services are designed to accommodate both novice and experienced traders, while institutional clients can benefit from tailored services that include advanced trading solutions and market insights.

4. Trading Platforms and Technology

Lukfook supports the MetaTrader 4 (MT4) platform, which is widely recognized for its user-friendly interface and advanced trading features. The broker also offers a proprietary Securities Trading System for clients who prefer a web-based trading experience. This platform is accessible on various devices, including desktops and mobile devices, ensuring that traders can manage their accounts on-the-go.

The broker's execution model is primarily Market Making, providing liquidity to clients while ensuring competitive spreads. Lukfook's servers are located in Hong Kong, enhancing the speed and reliability of trade executions.

For clients interested in automated trading, Lukfook offers API access, allowing for seamless integration with third-party trading software. This feature is particularly beneficial for algorithmic traders looking to implement automated strategies.

5. Account Types and Trading Conditions

Lukfook offers several account types tailored to different trading needs. The standard account requires a minimum deposit, although specific figures are not disclosed publicly. The broker provides competitive spreads, with options for both fixed and variable spreads depending on market conditions.

For advanced traders, Lukfook may offer VIP or professional accounts, which typically come with higher leverage and lower trading costs. However, details on specific account types and their conditions are limited and should be confirmed directly with the broker.

The leverage offered by Lukfook can reach up to 1:500, allowing traders to maximize their exposure to the markets. The minimum trade size and overnight fees vary by account type and trading conditions, and clients are encouraged to review these details before opening an account.

6. Fund Management

Lukfook supports a variety of deposit methods, including bank transfers, cheque deposits, and telegraphic transfers. The broker does not specify a minimum deposit requirement for all account types, which may vary based on the account chosen.

Deposits are processed promptly, usually within one business day, ensuring that clients can access their funds quickly. However, specific deposit fees are not detailed publicly, and clients should inquire directly for clarification.

Withdrawal options include cheque withdrawals and remittances, with processing times typically taking one to three business days. The broker emphasizes transparency in its fees, although detailed withdrawal fee structures are not readily available.

7. Customer Support and Educational Resources

Lukfook provides customer support through multiple channels, including phone, email, and online chat. The customer service team is available during business hours, with contact details readily accessible on their website.

The broker supports clients in multiple languages, primarily focusing on Cantonese and Mandarin, with limited support for English speakers. Clients seeking educational resources can access various materials, including webinars, tutorials, and market analyses.

Lukfook also offers trading tools such as calculators and economic calendars, assisting traders in making informed decisions based on market conditions.

8. Regional Coverage and Restrictions

Lukfook primarily serves clients in Hong Kong and the surrounding regions, with a significant presence in China and other parts of Asia. The broker has established a robust network to cater to local traders effectively.

However, certain countries may have restrictions on trading with Lukfook, particularly those with stringent regulations against offshore brokers. Specific details about excluded countries are not provided, and potential clients should verify their eligibility before proceeding.

In summary, Lukfook is a reputable broker operating under the regulatory framework of Hong Kong, offering a diverse range of trading products and services. The Lukfook broker is committed to providing a secure and efficient trading environment for both retail and institutional clients, ensuring compliance with local regulations and maintaining high standards of customer support.

Latest Reviews

天空的云朵

天空的云朵

New Zealand

I wish they would provide translations or other language support for their website and platform to make it more accessible to a wider audience. If you're an English speaker considering trading with LUKFOOK, be aware that their website is only available in Chinese. You may want to consider choosing a broker that provides more comprehensive language support.

Positive

2023-03-24

Mazzy star

Mazzy star

Hong Kong

The online trading system is not easy to use. I don’t know what’s going on, it’s always stuck. The customer service staff is always busy and can’t help at all. Anyway, my experience is not very good. The commissions and charges on the platform are acceptable and reasonable.

37130

2022-12-13

LUKFOOK FINANCIAL Forex Broker has an overall rating of 6.94, Regulatory Index 6.54, License Index 6.58, Business Index 8.00, Software Index 5.89 Risk Control Index 8.90.
LUKFOOK FINANCIAL