الملخص:The New Zealand subsidiary of CLSA Premium Limited (formerly KVB International Financial Group) was established in Auckland, New Zealand 2001. In 2002, the New Zealand subsidiary was authorized by the financial market management authority as a pit trading futures trader, and the Australian subsidiary was established in Sydney the same year. In 2003, the Australian subsidiary obtained a financial service license submitted by the Australian Financial Regulatory Commission. In 2004, the Hong Kong subsidiary obtained the Securities Regulatory Commission's Type 3 (Leveraged Forex Trading) license. In 2005, the Hong Kong subsidiary and the Melborn subsidiary were fully operational. In 2006, the group launched leveraged forex trading in AUD/RMB/NZD. In 2009, the AUD & NZD multi-currency settlement accounts were added. The group is committed to developing leading financial products and financial technologies at the international level, breaking through the regional restrictions of financial in
Registered Country/Region | Hong Kong |
Regulation | ASIC |
Minimum Deposit | $0 |
Maximum Leverage | 1:200 |
Minimum Spreads | From 0.0 pips on the Premium and VIP account |
Trading Platform | MT4 & MT5 trading platform |
Demo Account | No |
Trading Assets | Forex trading, Precious Metals trading, Commodities trading,share CFD trading and Credit Spead CFDs |
Payment Methods | bank transfers, wire transfers |
Customer Support | 7/24 customer support |
General Information & Regulation
CLSA Premium Pty Limited (“CLSA Premium”) is registered in Australia at Grosvenor Place, Level 35, 225 George Street, Sydney NSW 2000, and holds an Australian Financial Services License issued by the Australian Securities and Investments Commission (AFSL No: 226602) to carry on a financial services business in Australia. CLSA Premium has other two entities in Hong Kong and New Zealand, respectively: CLSA Premium International (HK) Limited is under the regulation of SFC in Hong Kong, with regulatory license number ALB893, and CLSA PREMIUM NEW ZEALAND LIMITED regulated by FMA in New Zealand, with regulatory license number 1762. CLSA Premium provides only general advice and execution-only services. It does not accept applications from residents of Japan or the United States of America.
Market Instruments
Tradable financial instruments available on CLSA Premium platform are Forex trading, Precious Metals trading, Commodities trading,share CFD trading and Credit Spead CFDs.
Account Types
There are three types of trading accounts on offer: Standard account, Premium Account, Pro Account.
The Standard account is suitable for most regular traders, offering a commission-free trading environment, only spreads charged.
The Premium account is designed for cost-conscious traders who would prefer commission-based trading, and the spreads are relatively tight.
The Pro account is ideal for professional traders and experineced traders who rely on flexible trading conditions. There are less consumer protections for Pro account traders, as it requires being classified as a wholesale client.
However, the minimum deposit requirement for each account is not disclosed.
Leverage
The maximum leverage of forex products set by the Hong Kong subsidiary is 1:20. The Australian subsidiary's forex leverage is varying from 1:20 to 1:200, for precious metals up to 1:100, for commodities up to 1:20, and for index products varying from 1:10 to 1:50. The New Zealand subsidiary's forex leverage goes from 1:20 to 1:200, the leverage for gold price in US dollar is up to 1:200, for silver price in US dollar up to 1:100, for commodities up to 1:100, and for indices varying from 1:20 to 1: 50. The Hong Kong subsidiary sets up personal accounts and institutional accounts for investors. The Australian subsidiary sets up multi-currency accounts (standard accounts) for users and traders can choose US dollars, Australian dollars, New Zealand dollars. or Japanese yen as the base currency, and the corresponding account types are US dollar accounts, New Zealand dollar account, Australian dollar account, and Japanese yen account.
Spreads & Commissions
CLSA Premium lists detailed spread informtion on its website, minimum spread and average spread both included. The spread on EURUSD is around 0.9 pips, GBPUSD 1.2 pips, average spreadon XAUUSD around 2.9 pips, spread on XAGUSD around 10.70 pips.
Spreads and commissions are also determined by trading accounts. The Standard account provides spreads from 0.6 pips, with no additional commission charged. The Premium account offers extremely competitive spreads from 0.0 pips, with a commission from AUD$3.00 per side on a standard contract. The Pro account also provides narrow spreads from 0.0 pips, and commissions on Share CFDs from AUD$7 (US Shares CFDs from US$10).
Swap Charges
When traders hold a Position or Positions overnight in a Margin FX Contract or CFD (other than an Excepted Contract) they will be rolled to the next Trading Day, which will result in you paying a Swap Charge or receiving a Swap Benefit. The amount is determined by us and depends on factors including Swap Rate, being the rates at which traders receive or pay interest on Positions that remain open overnight.
Trading Platforms
CLSA Premium uses the MT5 trading platform, which has a variety of professional technical analysis indicators, convenient and fast execution. Through the MT5 trading platform, investors can query real-time prices, trend charts, expert comments anytime and anywhere in the world. Investors keep abreast of the global financial market and stay one step ahead of the fast-changing market competition. Users can log in to the trading platform anytime and anywhere to view account and transaction-related information 24/7. The platform supports desktop, mobile iOS, and mobile Android versions.
Deposit & Withdrawal
Theere is no minimum deposit requirement to open an account with CLSA Premium, and this broker allows its clients to make a deposit and withdrawal via bank transfers, wire transfers, and deposits will usually reach the traders' trading account within one working day. Bank transfers/wire transfers, intermediary banks, or remittance banks may charge additional transfer fees, and the specific amount needs inquiring the bank, no fees charged by the company.
Educttional Resources
An educational resource center is provided to help traders who are just starting out to acquaint themselves with forex trading quickly, which include Trading Strategy Sharing, Weekly Market Highlight.
Customer Support
Clients with any inquiries or trading-related issues can get in touch with CLSA Premium thorugh the following contact channels:
Telephone: +61 2 8880 5588
Email: services.au@clsapremium.com
Or you can also follow this broker on some social media platforms, such as Facebook, Linkedin, Twitter, and Instagram.
Trading Hours
24 hours non-stop services from Monday system time 01:01 (GMT+3) to Friday system time 23:50 (GMT+3). Daylight saving hours apply.
Pros & Cons
Pros | Cons |
ASIC-regulated | Limited payment methods |
Wide product portfolios | Only three supporting languages |
No minimum deposit requirements | |
Three types of trading accounts available | |
Both MT4 & MT5 supported | |
7/24 customer suppport |
Frequently Asked Questions
Is there a minimum deposit required to open an trading account with CLSA Premium?
There is no minimum deposit to open an account with CLSA Premium.
Is CLSA Premium a regulated broker?
CLSA Premium is authorized and regulated by the ASIC in Australia under regulatory license number: 226602.
What base currency can I use to fund my account with?
You can choose to set up and fund your trading account with either AUD or USD.
What the maximum trading leverage offered by CLSA Premium?
The maximum trading leverage offered by CLSA Premium is up to 1:200.
What trading platform offered by CLSA Premium?
CLSA Premium offers both MT4 and MT5 trading platform.