Yuanta Forex Broker
Basic Information
Hong Kong
Above 20 years Regulated in Hong Kong Regulated in Hong Kong Dealing in futures contracts Dealing in securities Self-developed Suspicious Scope of Business Suspicious Overrun Medium potential riskCompany profile
Rating Index
Yuanta Forex Broker - Complete Information Guide
1. Broker Overview
Company Name: Yuanta Securities (Hong Kong) Company Limited
Established: 2004
Headquarters: 23/F, Tower 1, Admiralty Centre, 18 Harcourt Road, Hong Kong
Company Type: Publicly listed under Yuanta Financial Holdings Co., Ltd.
Main Markets and Clientele: Yuanta primarily serves retail and institutional clients, providing a wide range of financial services across Hong Kong, Taiwan, and other international markets.
Company Development and Milestones: Yuanta has over 20 years of experience in the financial services industry and has established a robust distribution network, including 155 securities branches and 152 banking branches as of 2016. The firm achieved significant market presence, controlling 11% of the securities brokerage market and nearly 20% of the securities margin financing market in the same year.
Parent Company or Group Relationship: Yuanta operates as a wholly-owned subsidiary of Yuanta Financial Holdings Co., Ltd.
Business Model Overview: Yuanta broker offers a comprehensive range of services, including retail forex trading, institutional investment services, banking, insurance, and asset management.
2. Regulatory and Compliance Information
Main Regulatory Authorities:
- Securities and Futures Commission (SFC), Hong Kong
- License Number: ABZ 023
Regulatory License Validity and Scope: The SFC regulates Yuanta, specifically in dealing with futures contracts and securities trading.
Legal Entities in Different Regions:
- Yuanta Securities (Hong Kong) Company Limited operates under the jurisdiction of Hong Kong's SFC.
Client Funds Segregation Policy: Yuanta maintains a segregation policy for client funds, ensuring that client deposits are kept separate from the company's operational funds for enhanced security.
Investor Compensation Fund Participation: Yuanta is a participant in the investor compensation fund, which provides additional security for clients in case of broker insolvency.
KYC and AML Compliance Measures: Yuanta implements strict Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to ensure compliance with regulatory requirements and to protect against fraudulent activities.
3. Trading Products and Services
Number of Forex Currency Pairs and Major Varieties: Yuanta broker offers a diverse range of currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, along with several minor and exotic pairs.
CFD Product Categories: The broker provides access to various Contract for Difference (CFD) products, including indices, commodities, stocks, and cryptocurrencies.
Unique Products or Exclusive Trading Varieties: Yuanta offers unique trading opportunities in futures and options, allowing clients to hedge their investments or speculate on price movements.
Product Update Frequency and New Additions: The broker regularly updates its product offerings to include new financial instruments based on market demand and trends.
Retail Trading Services: Yuanta provides retail clients with comprehensive trading services, including access to multiple financial instruments and educational resources to enhance trading skills.
Institutional Client Services: For institutional clients, Yuanta offers advisory services and tailored investment solutions, assisting them in navigating complex financial markets.
White Label Solutions: Yuanta provides white label solutions for financial institutions looking to offer their clients trading services under their own brand.
Asset Management Services: The broker also offers asset management services, helping clients to manage their investment portfolios effectively.
4. Trading Platforms and Technology
MetaTrader 4/5 Support: Yuanta does not currently support MetaTrader 4 or 5, opting instead for its proprietary trading platforms.
Proprietary Platform Details: The broker offers several proprietary platforms, including Ewinner for desktop users and Ewinner Plus for mobile devices, designed to provide a user-friendly trading experience.
Web-Based Trading Platform: Yuanta has a web-based trading platform that allows clients to trade directly from their browsers without the need for additional software installations.
Mobile Application Support: Yuanta offers mobile applications for both iOS and Android devices, enabling clients to manage their accounts and trade on the go.
Execution Models: The broker primarily operates on a Market Making model, providing liquidity and facilitating trades for clients.
Server Location and Technical Infrastructure: Yuanta's servers are located in Hong Kong, ensuring fast and reliable trading execution for clients in the region.
API Access and Automated Trading Support: Yuanta provides API access for clients interested in automated trading solutions, allowing for seamless integration with third-party trading systems.
5. Account Types and Trading Conditions
Standard Account Conditions:
- Minimum Deposit: Varies by account type
- Spreads: Competitive spreads starting from 0.5 pips
- Commission: 0.25% of the traded volume with a minimum charge of 100 HKD for Hong Kong stocks
Advanced Account Types: Yuanta offers specialized accounts, including VIP and professional accounts with enhanced features and lower trading costs.
Special Accounts: The broker provides Islamic accounts for clients who require Sharia-compliant trading options.
Demo Account Policy: Yuanta offers a demo account for clients to practice trading strategies without financial risk.
Leverage Ratio Range: The leverage offered by Yuanta typically ranges from 1:10 to 1:100, depending on the financial instrument and regulatory requirements.
Minimum Trade Size: The minimum trade size is generally 0.01 lots, allowing clients to trade in smaller increments.
Overnight Fees Policy: Yuanta applies overnight fees (swap rates) for positions held beyond the trading day, which are clearly disclosed to clients.
6. Fund Management
Supported Deposit Methods: Yuanta accepts various deposit methods, including bank transfers, credit cards, and electronic wallets.
Minimum Deposit Requirements: The minimum deposit requirement varies by account type, generally starting from 1,000 HKD for standard accounts.
Deposit Processing Time: Deposits are typically processed within one business day, depending on the method used.
Deposit Fees: Yuanta does not charge fees for deposits made via local bank transfers, but fees may apply for international transfers.
Withdrawal Methods and Restrictions: Clients can withdraw funds through bank transfers and electronic wallets, with certain restrictions based on account verification status.
Withdrawal Processing Time: Withdrawal requests are usually processed within 2-3 business days.
Withdrawal Fee Structure: Yuanta charges a nominal fee for withdrawals, which may vary depending on the method selected.
7. Customer Support and Educational Resources
Support Channels: Yuanta provides multiple support channels, including phone, email, live chat, and social media platforms.
Service Hours and Time Zone Coverage: Customer support is available during business hours in Hong Kong, accommodating clients across various time zones.
Multilingual Support: The broker offers support in English, Chinese, and other languages to cater to its diverse client base.
Types of Educational Resources: Yuanta provides a range of educational resources, including webinars, tutorials, and e-books to help clients improve their trading skills.
Market Analysis Services: The broker offers daily market analysis, news updates, and research reports to keep clients informed about market trends.
Trading Tools: Yuanta provides various trading tools, including calculators, economic calendars, and signal services to assist clients in making informed trading decisions.
8. Regional Coverage and Limitations
Main Service Markets: Yuanta primarily serves clients in Hong Kong, Taiwan, and other parts of Asia.
Regional Office Distribution: The broker has a significant presence in Hong Kong, with plans to expand its services in other Asian markets.
Countries/Regions Not Accepting Clients: Yuanta does not accept clients from regions with strict financial regulations or where it is not licensed to operate.
Special Restrictions Note: Clients are advised to check the specific regulations in their jurisdictions before opening an account with Yuanta broker.
In conclusion, Yuanta Securities (Hong Kong) Company Limited stands as a well-regulated and established financial service provider in Asia, offering a diverse range of products and services tailored to meet the needs of both retail and institutional clients. Its commitment to regulatory compliance and customer service further enhances its reputation as a reliable broker in the financial markets.
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Latest Reviews
長谷川 一行
Hong Kong
emm...a big problem of this platform is that they reject their withdrawal request and block up your account. So investors are not advised to use this platform, for it can cause serious fund losses… You can have better investment platforms choices, and the most important factor is that if your funds can be withdrawn in a timely manner…
37130
2022-11-18
許國國
Taiwan
When I wanted to withdraw, it asked for margins and risk funds. I paid the fees but was still unable to withdraw.
Exposure
2021-08-03
陈婷
India
Yuanta is great. If you're looking for a great place to get started in the markets, then look no further than this company. They offer personalized attention and fantastic customer service from day one of signing up with them! You'll be able to learn all there is about how these crazy trading games work.
Positive
2023-03-14