WellLink Forex Broker

WellLink Review SummaryFounded2012Registered Country/RegionHong KongRegulationSFCMarket InstrumentsMargin Financing, Securities, Futures, Mutual Funds, BondsDemo Account❌Leverage/Commissions & FeesVary on productsTrading PlatformWell Link Securities Trading AppMinimum Deposit/Customer SupportMonday - Friday, 9am - 5am the following day (excluding Weekends and Public Holidays )Phone: +852 3150 7728 (Hong Kong); +86 755 8206 0899 (Mainland China); +853 8796 5888 (Macau)Contact form, Live chatFax：+852 3150 7668Email: cs@wlsec.comFacebookAddress: Unit 13-15, 11/F., China Merchants Tower, Shun Tak Centre, 168-200 Connaught Road Central, Hong Kong Founded in Hong Kong in 2012, Well Link Securities is regulated by the SFC for dealing in futures contracts and offers diverse financial instruments including margin financing, securities, futures, mutual funds, and bonds. Moreover, they provide a Well Link Securities Trading App for clients.Pros and ConsProsConsRegulated by SFCLimited info on accountsDiverse customer support channelsNo demo accountsA wide range of trading productsClear fee structureIs WellLink Legit? Yes, WellLink is currently regulated by SFC, holding a Dealing in futures contracts License.Regulated CountryRegulated AuthorityRegulated EntityCurrent StatusLicense TypeLicense NumberSecurities and Futures Commission (SFC)Well Link Securities LimitedRegulatedDealing in futures contractsAMB404What Can I Trade on WellLink? On WellLink, you can trade with Margin Financing, Securities, Futures, Mutual Funds, and Bonds.Tradable InstrumentsSupportedSecurities✔Futures✔Mutual Funds✔Bonds✔Forex❌Commodities❌Indices❌Stocks❌Cryptocurrencies❌Options❌ETFs❌Commissions and Fees Futures Service Charges Table (Hong Kong Futures)ServiceHang Seng Index Futures (HSI)Hang Seng China Enterprises Index Futures (HHI)Mini-Hang Seng Index Futures (MHI)Mini-Hang Seng China Enterprises Index Futures (MCH)Hang Seng TECH Index Futures (HTI)Brokerage CommissionHKD 30HKD 15HKD 30Transaction LevyHKD 0Exchange FeesHKD 30HKD 15HKD 30Auto Exercise/Settlement FeeHKD 50HKD 25HKD 50Margin Requirement (Day Trade)HKD 0.54HKD 0.54HKD 0.10HKD 0.10HKD 0.54Margin Requirement (Overnight)HKD 10.00HKD 3.50HKD 2.00HKD 5.00Spread RateCharged at full rate per contract Futures Service Charges Table (Global Futures)Product TypeBrokerage CommissionAuto Exercise/Settlement FeeElectronic Trading Margin RequirementCME FX FuturesUSD 6.82USD 40Refer to Exchange's websiteMicro E-mini Equities IndexUSD 2.77CBOT Micro E-mini Dow Jones IndexCOMEX Micro GoldUSD 2.90 Shanghai/Shenzhen China Connect A Shares Service ChargesCharge TypeDetailsTrade Commission (Online)0.028% of Turnover Amount, min. RMB 28Trade Commission (Telephone Dial-in)0.25% of Turnover Amount, min. RMB 100Handling Fee (SSE/SZSE)0.00487% on gross amountSecurities Management Fee (CSRC)0.002% on gross amount (ETF exempted)Transfer Fee (ChinaClear & HKSCC)0.003% (ChinaClear: 0.001%, HKSCC: 0.002%)Stamp Duty (SAT)0.1% (applicable to “SELL” transactions only)Portfolio Fee (CCASS)0.008% charged per month on the basis of the market value of the daily portfolio US Listed Securities Trading Services ChargesCharge TypeDetailsBrokerage Commission (Online Trading)US$0.0099 per Share, min. US$1.99 per orderBrokerage Commission (Telephone Dial-in Trading)US$0.0099 per Share, min. US$40 per orderSEC Levy (Sell order only)US$0.00278% × Value of Aggregate Sales, min. US$0.01 per orderFINRA Trading Activity Fee (Sell order only)US$0.000166 × Sold Quantity, min. US$0.01, max. US$8.30 per order SSE/SZSE China Connect A Shares Service ChargesCharge TypeTrade CommissionOnline Trading0.028% of Turnover Amount, min. RMB28-Telephone Dial-in Trading0.25% of Turnover Amount, min. RMB100Handling Fee (SSE/SZSE)0.00487% in gross amountSecurities Management Fee (CSRC)0.002% on gross amount (ETF exempted)Transfer Fee (ChinaClear & HKSCC)0.003% (China Clear: 0.001%, HKSCC: 0.002%)Stamp Duty (SAT)0.1% (applicable to “SELL” transaction only)Portfolio Fee (CCASS)0.008% (charged per month based on daily portfolio market value) Bond Service ChargesCharge TypeDetailsTransaction (Buy/Sell) Handling FeeUp to 1% of the debt securities' face valueCustodian Fee0.06% of debt securities' face value per annum, charged semi-annuallyTransfer FeeHKD500 per transactionInterest Collection & Maturity Redemption FeeWaived For more details, you can refer to their website: https://www.wlsec.com/en/service.jhtml?tab=commissionsTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable forWell Link Securities Trading App✔iPhone/iPad, Android/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal Securities Account - Fund DepositBy Well Link Bank Transfer (Faster Payment System - FPS):The Faster Payment System (FPS) information for HKD deposits is provided, including the FPS Identification Code and the Bank Name & Account Name. A QR code is also available for scanning.By other banks transfer:Designated bank account details for various currencies (HKD, RMB, USD) are listed, including the Bank Name, Account Number, and SWIFT code. Securities Account - Fund WithdrawalFor fund withdrawals, clients must submit withdrawal instructions through Well Link Securities' mobile app or send a signed withdrawal instruction letter.If the receiving bank is not the client's designated bank account, additional supporting documents may be required.