LUKFOOK Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.lff.com.hk/, the company's legitimate regulatory information Hong KongSFCDealing in futures contracts, to enhance the security of the company's address 香港皇后大道中183號中遠大廈 22樓2201-2207 及 2213-2214室 (上環站E2 出口).
LUKFOOK Forex Broker
Basic information
Hong Kong
10-15 years Regulated in Hong Kong Dealing in futures contractsCompany profile
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 Cons
| Pros | Cons |
| Regulated | No commission information |
| Wide range of trading instruments | No clear information on the minimum deposit for each accounts |
| Generous leverage up to 1:500 | Limited account types offered |
| MT4 and MT5 supported | No Islamic account |
| Copy trading available | |
| Demo account available |
Is LUKFOOK Legit?
LUKFOOK is regulated by SFC in Hong Kong. Its current status is regulated.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Hong Kong | SFC | Luk Fook Futures (HK) Limited | Dealing in futures contracts | AXW976 | Regulated |
What Can I Trade on LUKFOOK?
LUKFOOK offers traders securities, futures, options, stock to trade.
| Tradable Instruments | Supported |
| Securities | ✔ |
| 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.
| Types | Fees | |
| Commission | Online cash account | Negotiable |
| Online margin account | ||
| Stamp Duty | 0.1% of Transaction Amount (roundup to dollar) | |
| Transaction Levy | 0.0027% of transaction amount | |
| Trading Fee | 0.00565% of transaction amount | |
| Clearing Fee | 0.002% of transaction amountMin. charge $2.00. Max. charge $100.00 | |
| AFRC Transaction Levy | 0.00015% of transaction amount (rounded to the nearest cent) | |
Trading Platform
LUKFOOK's trading platform is Securities Trading System, which supports traders on PC.
| Trading Platform | Supported | Available Devices |
| Securities Trading System | ✔ | Web |
| MT4 Margin WebTrader | ❌ | |
| MT5 | ❌ |
Deposit and Withdrawal
Deposit
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) Limited
| Bank | Currency | Bank Account Number | SWIFT ID |
| HSBC | HKD | 511-246613-001 | HSBCHKHH |
| RMB | 848-160834-209 | HSBCHKHH | |
| USD | 848-160834-201 | HSBCHKHH | |
| Standard Chartered Bank | HKD | 447-0789162-3 | SCBLHKHHXXX |
| USD | 447-0789658-7 | SCBLHKHHXXX | |
| Hang Seng Bank | HKD | 275-225738-001 | HASEHKHH |
| Bank of China | HKD | 012-875-0047477-9 | BKCHHKHHXXX |
| RMB | 012-875-06022754 | BKCHHKHHXXX | |
| FPS Identifier (applicable to HKD) | Account Name | ||
| 5561857 | Luk 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) Limited
| Bank | Currency | Bank Account Number | SWIFT ID |
| HSBC | HKD | 848-161287-001 | HSBCHKHH |
| USD | 848-161295-274 | HSBCHKHH | |
| Standard Chartered Bank | HKD | 447-0788477-5 | SCBLHKHHXXX |
| USD | 447-1-782444-9 | SCBLHKHHXXX | |
| Hang Seng Bank | HKD | 787-466911-002 | HASEHKHH |
| Bank of China | HKD | 012-875-00499941 | BKCHHKHHXXX |
| USD | 012-875-08037976 | BKCHHKHHXXX | |
| RMB | 012-875-06031244 | BKCHHKHHXXX | |
| FPS Identifier (applicable to HKD) | Account Name | ||
| 9006271 | Luk Fook Futures (HK) Limited – HKFE Clients A/C | ||
Withdrawal
The following withdrawal methods are available: Cheque Withdrawal (HKD), CHATS, Remittance.
Rating Index
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Latest Reviews
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.
Neutral
2022-12-13
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