CITIC SECURITTIES Broker Review

CITIC Securities 2025 Review: Everything You Need to Know

CITIC Securities has established itself as a prominent player in the Chinese financial landscape since its inception in 1995. This review synthesizes various insights from recent analyses, highlighting both the strengths and weaknesses of the broker. While it offers a range of investment options and a regulated environment, concerns regarding user experience and service limitations have been raised.

Note: It's essential to recognize that CITIC Securities operates through different entities across regions, which may impact the user experience and available services. This review aims to provide a balanced perspective based on diverse sources.

Ratings Overview

Criteria	Rating (out of 10)
Account Conditions	6.0
Tools and Resources	5.5
Customer Service and Support	4.5
Trading Experience	5.8
Trustworthiness	6.5
User Experience	5.0

How We Rate Brokers: Our ratings are derived from a comprehensive analysis of user feedback, expert opinions, and factual data regarding the broker's offerings.

Broker Overview

CITIC Securities, founded in 1995, is one of China's largest securities firms, offering a wide array of financial services, including asset management and investment banking. The broker operates proprietary trading platforms that cater to various investment needs, primarily focusing on stocks, options, and futures. It is regulated by the China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission (SFC) of Hong Kong.

Detailed Breakdown

Regulated Regions

CITIC Securities primarily serves clients in China and Hong Kong, limiting its geographical reach. The regulatory oversight from CSRC and SFC provides a layer of security for investors, ensuring compliance with local laws.

Deposit/Withdrawal Currencies

Clients can conduct transactions in multiple currencies, including CNY, HKD, and USD. However, the broker does not support cryptocurrency transactions, which may limit options for some investors.

Minimum Deposit

CITIC Securities boasts a zero minimum deposit requirement for cash accounts, making it accessible for new investors. This flexibility is a significant advantage, particularly for those starting their trading journey.

Bonuses/Promotions

While CITIC Securities occasionally offers promotional deals, such as reduced commission rates for new clients, these promotions are not as prevalent as those offered by other brokers. Additionally, there are no loyalty rewards or bonuses for existing clients.

Tradable Asset Classes

The broker provides access to a limited selection of assets, primarily focusing on local Chinese securities. This includes stocks, options, ETFs, and mutual funds, but it does not extend to international markets, which may deter some investors.

Costs (Spreads, Fees, Commissions)

CITIC Securities employs a competitive fee structure, with trading commissions ranging from 0.03% to 0.12% of the transaction value, depending on the asset class. Importantly, there are no non-trading fees for account maintenance, inactivity, or withdrawals. However, clients should be aware of potential currency conversion fees if trading across different currencies.

Leverage

The broker offers leverage of up to 1:20, which is relatively conservative compared to other brokers. This limitation may appeal to risk-averse traders but could be a drawback for those seeking higher leverage options.

Allowed Trading Platforms

CITIC Securities provides its proprietary trading platforms, including web-based and mobile applications. However, it does not support popular third-party platforms like MT4 or MT5, which may limit advanced trading functionalities for experienced traders.

Restricted Regions

CITIC Securities only caters to clients from China and Hong Kong, which significantly narrows its market reach. This restriction could be a disadvantage for international investors looking for a comprehensive trading experience.

Available Customer Service Languages

Customer support is primarily available in Chinese, with limited English support. This language barrier may hinder the experience for non-Chinese-speaking clients.

Repeated Ratings Overview

Criteria	Rating (out of 10)
Account Conditions	6.0
Tools and Resources	5.5
Customer Service and Support	4.5
Trading Experience	5.8
Trustworthiness	6.5
User Experience	5.0

Detailed Analysis

• Account Conditions: CITIC Securities offers a flexible account structure with no minimum deposit requirement. However, the limitation to local securities may deter international investors. The absence of demo accounts is a notable downside for beginners.

• Tools and Resources: The broker provides various analytical tools and market research resources, but the overall educational content is limited, particularly for novice traders. This gap in resources could hinder users from making informed trading decisions.

• Customer Service and Support: Feedback indicates that customer service can be slow and is primarily available in Chinese, which may frustrate non-Chinese speakers. The lack of 24/7 support further limits accessibility.

• Trading Experience: The trading platforms are user-friendly but lack advanced features found in more competitive brokers. The absence of popular platforms like MT4/MT5 could be a significant drawback for experienced traders.

• Trustworthiness: CITIC Securities is regulated by reputable authorities, enhancing its credibility. However, reports of withdrawal issues and customer complaints raise concerns about its reliability.

• User Experience: Overall user experience is mixed, with positive feedback on account accessibility but negative comments regarding customer support and platform functionality.

In conclusion, the CITIC Securities review indicates that while the broker offers a regulated environment and accessible account conditions, it faces challenges in customer service, educational resources, and asset variety. Investors should weigh these factors carefully when considering CITIC Securities as a trading partner.