Telecom King Securities Forex Broker

Telecom King SecuritiesReview SummaryFounded2019Registered Country/RegionHong KongRegulationSFCMarket InstrumentsSecurities, StocksDemo Account❌Leverage/Spread/Trading PlatformTelecom PROMinimum Deposit/Customer SupportPhone: (852) 8118-1133 or (852) 7333-1133Email: info@81181133.comPhysical Address: Room 1202, 12 / F, Telecom Digital Building, 58 Chun Yip Street, Kwun Tong, Kowloon, Hong KongTelecom King Securities Information Telecom King Securities was registered and established in 2019. It supports trading securities and Hong Kong stocks and provides its own trading platform for traders. It is currently regulated by the SFC.Pros and ConsPros Cons Be regulatedNo specific account informationFees chargedLimited trading productsIs Telecom King Securities Legit?Regulated AuthorityRegulatory StatusRegulated Country/RegionRegulated EntityLicense TypeLicense NumberSecurities and Futures Commission of Hong Kong (SFC)RegulatedHong KongTelecom King Securities LimitedDealing in futures contractsAPI286What Can I Trade on Telecom King Securities? Telecom King Securities mainly supports your trading of securities and Hong Kong stocks.Tradable Instruments Supported Securities✔Stocks✔Forex❌Commodities❌Indices❌Bonds❌ETFs❌Account Types Telecom King Securities did not provide specific account information.Telecom King Securities FeesItemFee (HKD)RemarksSecurities Trading ServicesBrokerage FeePhone: 0.15% of each order transaction value<br>Online & Smart Watch: 0.05% of each order transaction valueMinimum fee \$50.00<br>Minimum fee \$25.00Stamp Duty (Hong Kong Government Levies)0.1% of each transaction value, less than \$1.00, also calculated as \$1.00Transaction Fee (SFC Levies)0.0027% of each transaction value (rounded to the nearest cent)Transaction Fee (HKEX Levies)0.0056% of each transaction value (rounded to the nearest cent)Exchange Transaction Fee (Financial Services Bureau Levies)0.00015% of each transaction value (rounded to the nearest cent)Transaction Fee0.005% of each order transaction value (including 0.002% charged by HKEX)<br>Minimum charge \$5.00, maximum charge \$100.00Physical Stock and Collection ServicesPhysical Stock Transfer Fee\$5.00 per stock certificatePhysical Stock Withdrawal(i) Per share \$3.50 and<br>(ii) Handling fee \$100.00(i) Minimum charge \$30.00, fractional shares also count as one hand<br>(ii) Per withdrawal per stock charge \$500.00Transaction InstructionFree for deposits, \$500.00 per withdrawal per stock per timeInvestor Transaction InstructionFree for deposits, charge 0.01% of the closing price on the previous day for withdrawalsMinimum charge \$20.00, maximum charge \$500.00Trading Platform Telecom King Securities offers its own trading platform Telecom PRO, which can be used on mobile devices.Trading PlatformSupported Available Devices Suitable for Telecom PRO✔Mobile/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal The main deposit methods are as follows:Deposit funds Traders can use EDDA to make quick deposits or transfer funds to Telecom Digital Securities Limited via a computer or mobile application.Cash transfer: Traders can also transfer cash to a designated bank account. Withdrawal method：Self-service transfer or cheque delivery is directly deposited into the trader's bank account Traders must fill out the delivery check/check instruction form, obtain the withdrawal instruction form, and fax it to (852)811-0033/2418-2323 or email it to our company at (852)811-1133 for oral instructions. The automatic transfer or delivery check will be directly deposited into the trader's bank account.Go to the bank in person to collect the cheque Traders only need to complete and sign the customer withdrawal instructions, and bring them along with their passbooks to the company headquarters at (852)811-0033/2/418-2323 or go to the bank in person to handle it. They can either go to the bank in person or call the withdrawal instruction form on the date of registration to collect the check.Deposit stocks Traders can deposit or transfer stocks with the following instructions: Traders can fill in the physical stock transfer deposit form and must sign the “Physical Stock Deposit Instruction Form” and the “Transfer Form” (stocks can only be traded after being instructed by the share registration company or receiving instructions, which takes eight working days). Traders can sign the “Settlement Instruction/Investor Settlement Instruction Form”, return it or fax it to (852)811-0033/2418-2323, where the company's headquarters will handle it on their behalf.Extract stocks Traders can withdraw or transfer stocks from the Company through the following channels: Traders must sign the “Instruction Form for Withdrawing Physical Stocks”, return it to the bank or mail it to the bank for processing on their behalf. The application process takes approximately three working days. Once the procedures are completed, the client can withdraw the physical stocks with the deposited funds.