Zusammenfassung:TangYin is a Hong Kong-based brokerage firm that offers a range of financial products and services, including forex futures, precious metals futures, commodity futures, energy futures, stock index futures, interest rate futures, and options on various exchanges. Regulated by the Securities and Futures Commission of Hong Kong (SFC) with license number BHS149, TangYin operates within the framework of financial regulations. Clients can access the trading platform, "易盛国际交易系统," to trade various instruments. TangYin provides educational resources such as market information, holiday calendars, and research reports to support traders. The firm offers customer support via phone and email and facilitates deposits through bank transfers. While TangYin offers diverse trading opportunities, the absence of CFDs and cryptocurrencies may limit options for some traders.
TangYin | Basic Information |
Company Name | TangYin |
Founded | 2013 |
Headquarters | Hong Kong |
Regulations | SFC |
Products and Services | Forex Futures, Precious Metals Futures, Commodity Futures, Energy Futures, Stock Index Futures, Interest Rate Futures, Options on CME, ICE, and LME, Hong Kong Exchange (HKEx) Stock Index Options |
Trading Platform | 易盛国际交易系统 (ESUN International Trading System) |
Deposit Methods | Bank transfer |
Customer Support | Phone: +852-27680909, Email: master@tangyin.hk, Office Address: 204-205, 2/F, OfficePlus @Sheung Wan, 93-103 Wing Lok Street, Hong Kong |
Education Resources | Market information (inventory and open interest data), Holiday calendars, Research reports and analysis |
Overview of TangYin
TangYin is a Hong Kong-based brokerage firm that has been serving traders and investors since its establishment in 2013. Regulated by the Securities and Futures Commission of Hong Kong (SFC) under license number BHS149, TangYin operates within the framework of financial regulations, offering a secure and trustworthy trading environment.
The company provides a diverse range of financial products and services, catering to the diverse needs of its clientele. Traders can access forex futures, precious metals futures, commodity futures, energy futures, stock index futures, interest rate futures, and options on various international exchanges, including CME, ICE, LME, and the Hong Kong Exchange (HKEx). This comprehensive selection of instruments enables traders to participate in global financial markets and build diversified portfolios.
TangYin's commitment to trader education is evident through its provision of valuable resources such as market information, holiday calendars, and research reports. These resources empower traders with the insights and knowledge necessary to make informed decisions. Additionally, the firm offers responsive customer support services via phone and email, ensuring traders have access to assistance whenever needed. In summary, TangYin combines regulatory oversight, a wide range of trading opportunities, educational support, and customer service to provide a holistic trading experience for its clients.
Is TangYin Legit?
TangYin is regulated by the Securities and Futures Commission of Hong Kong, holding license number BHS149. This regulatory oversight signifies that TangYin operates within the framework of regulations and guidelines set by the relevant financial authority in Hong Kong, providing a level of assurance regarding its operations and adherence to industry standards.
Pros and Cons
TangYin offers a range of advantages and considerations for traders to weigh. On the positive side, the company is regulated by the Securities and Futures Commission of Hong Kong (SFC), which instills confidence in its operations and adherence to industry standards. Additionally, TangYin provides access to an extensive array of financial instruments, including forex futures, precious metals futures, and options on international exchanges, allowing traders to diversify their portfolios. The brokerage also prioritizes trader education, offering market information, holiday calendars, and research reports to help clients make informed decisions. However, it's important to note that TangYin does not offer CFD trading, which may be a limitation for some traders.
Pros | Cons |
Regulated by SFC | No CFD trading |
Diverse range of financial instruments | |
Emphasis on trader education | |
Responsive customer support |
Products and Services
TangYin offers a comprehensive range of financial products and services to cater to the diverse needs of its clients. These offerings encompass various asset classes and derivatives to facilitate trading and investment opportunities.
Forex Futures: TangYin provides access to foreign exchange (forex) futures, allowing traders to speculate on the price movements of currency pairs. Forex futures offer a structured way to participate in the global forex market.
Precious Metals Futures: Clients can trade precious metals futures, which include commodities like gold and silver. These futures contracts enable investors to gain exposure to the price fluctuations of these valuable metals.
Commodity Futures: TangYin offers a selection of commodity futures, including contracts related to base metals and agricultural products. This diversity allows traders to engage in markets ranging from copper to grains like wheat and corn.
Energy Futures: The company also provides energy futures, allowing traders to participate in markets related to crude oil, natural gas, and other energy resources. Energy futures can be particularly appealing for those interested in the energy sector.
Stock Index Futures: TangYin offers stock index futures, which provide a way to speculate on the performance of stock indices from various global markets. These futures contracts track the movements of indices like the S&P 500 or the FTSE 100.
Interest Rate Futures: Interest rate futures are available for traders interested in the fixed-income market. These futures contracts enable speculation on changes in interest rates and bond prices.
Options on CME, ICE, and LME: TangYin facilitates options trading on various platforms, including the Chicago Mercantile Exchange (CME), Intercontinental Exchange (ICE), and the London Metal Exchange (LME). These options products offer diverse strategies for traders and investors.
Hong Kong Exchange (HKEx) Stock Index Options: Additionally, TangYin offers options on the Hong Kong Exchange stock indices. These options can provide exposure to Hong Kong's equity markets.
TangYin's wide array of products and services caters to traders and investors looking to diversify their portfolios and engage in both traditional and alternative asset classes, offering a range of trading opportunities in global financial markets.
Here is a comparison table of products and services offered by different brokers:
Product | TangYin | IG Group | Just2Trade | Forex.com |
CFDs | No | No | No | Yes |
Forex | Yes | Yes | No | Yes |
Indices | Yes | Yes | No | Yes |
Commodities | Yes | Yes | No | Yes |
Futures | Yes | Yes | Yes | Yes |
Cryptocurrencies | No | Yes | No | Yes |
ETFs | No | Yes | Yes | No |
Options | Yes | Yes | Yes | Yes |
Spread Betting | No | Yes | No | No |
Stocks | Yes | No | Yes | Yes |
ADRs | No | No | Yes | No |
Bonds | No | No | Yes | No |
Shares | No | Yes | No | No |
How to Open an Account?
To open an account on TangYin, follow these simple steps:
1. Visit the TangYin website: Start by visiting the TangYin brokerage website. Once you're on the homepage, look for the “网上营业厅 (Online Trading)” button. Click on it to access the online trading platform.
Sign up: On the website's registration page, which may be labeled as “预约开户(Account Registration)” you will need to complete the sign-up process. This typically involves providing your personal information, contact details, and creating login credentials.
Prepare Required Documents: When signing up for an account, you will need to provide identification and address verification documents. Typically, identification documents include your ID card or passport, while address verification documents can be recent bank or credit card statements, fund or insurance statements, utility bills (water, electricity, gas), or any official bills or receipts from the past three months. Ensure you have these documents ready before proceeding.
Consider Hong Kong Account Opening: While it is advisable for customers to handle the account opening process in Hong Kong, if it's not convenient, you can leave your contact information. TangYin will arrange for a witness to contact you to discuss the specific account opening details.
It's important to note that TangYin does not specify a minimum funding requirement for opening an account. Your account funding should meet the requirements for the specific financial instruments you intend to trade.
Trading Platform
TangYin operates its trading platform using the “易盛国际交易系统,” which can be translated as the “ESUN International Trading System.” This platform is designed to facilitate a wide range of financial transactions and trading activities for its clients.
The “易盛国际交易系统” is likely a proprietary trading system developed by TangYin to meet the specific needs of its traders. While it may not be as widely recognized as some of the popular third-party trading platforms, it offers a tailored and efficient solution for executing various types of financial transactions.
Proprietary trading systems like this one often provide a seamless trading experience, offering features and tools that cater to the preferences of the broker's clientele. Traders using the TangYin platform can expect access to a variety of financial instruments, real-time market data, charting and technical analysis tools, order execution capabilities, and risk management features.
It's essential for traders considering TangYin to familiarize themselves with the features and user interface of the “易盛国际交易系统” to ensure it aligns with their trading strategies and preferences. Additionally, traders should check for any platform-specific guides or resources provided by TangYin to optimize their trading experience on this platform.
Deposit & Withdraw Methods
To deposit funds into your TangYin trading account, you can follow the provided bank details and instructions:
1. Bank Reference: TangYin provides bank details for depositing margin funds into your trading account.
2. Beneficiary: The recipient of the funds is “Tang Yin International Futures Company Limited” (唐印国际期货有限公司).
3. Bank Name: The bank handling the transaction is the “Bank of Communications Co., Ltd Hong Kong Branch” (交通银行(香港)).
4. Bank Address: The bank's address is “20 Pedder Street Central, Hong Kong” (香港中环毕打街20号).
5. Account Numbers: TangYin provides multiple account numbers based on the currency you wish to deposit:
- For Hong Kong Dollars (HKD), use account number “027-556-0-204987-9.”
- For US Dollars (USD), use account number “027-556-0-204988-2.”
- For Chinese Yuan (CNY), use account number “027-556-0-204989-5.”
6. **Swift Code:** If you are making an international transfer, you'll need the Swift Code, which is “COMMHKHHXXX.”
It's important to ensure that you include the correct reference details when making your deposit to TangYin. Additionally, it's advisable to confirm any specific instructions or requirements with TangYin's customer support or compliance department to ensure a smooth and successful deposit process.
Please note that withdrawal methods and procedures may differ, and it's essential to consult with TangYin's official channels or your account manager for guidance on withdrawing funds from your trading account.
Customer Support
TangYin offers customer support services to assist traders. They can be reached via phone at +852-27680909 or through email at master@tangyin.hk. The company's physical office is located in Hong Kong at 204-205, 2/F, OfficePlus @Sheung Wan, 93-103 Wing Lok Street. These contact options provide traders with convenient ways to seek assistance and address any issues they may encounter while using the platform.
Educational Resources
TangYin offers valuable educational resources to help traders stay informed and make informed decisions. These resources include access to market information, such as inventory and open interest data, as well as holiday calendars to keep traders aware of market closures and special trading hours. Additionally, the platform provides research reports that offer insights and analysis, empowering traders with the information they need to make strategic choices in their trading endeavors. These educational resources are designed to support traders in their journey to become more knowledgeable and successful in the financial markets.
Conclusion
In conclusion, TangYin presents itself as a regulated and reliable brokerage, overseen by the Securities and Futures Commission of Hong Kong (SFC), which instills confidence in its adherence to industry standards. The platform boasts a diverse array of financial instruments, catering to traders' needs across various asset classes. Furthermore, TangYin emphasizes trader education through market information, holiday calendars, and research reports, promoting informed decision-making. Although it excels in many aspects, its notable limitation is the absence of CFD trading. Nonetheless, TangYin's commitment to regulatory compliance, product diversity, and educational support positions it as a viable option for traders seeking a well-rounded trading experience.
FAQs
Q: Is TangYin a regulated brokerage?
A: Yes, TangYin is regulated by the Securities and Futures Commission of Hong Kong (SFC), holding license number BHS149, ensuring it operates within the framework of financial regulations.
Q: What types of financial products can I trade on TangYin?
A: TangYin offers a wide range of financial products, including forex futures, precious metals futures, commodity futures, energy futures, stock index futures, interest rate futures, and options on various platforms, such as CME, ICE, and LME, along with Hong Kong Exchange (HKEx) Stock Index Options.
Q: What is the trading platform used by TangYin?
A: TangYin operates its trading platform using the “易盛国际交易系统” (ESUN International Trading System), a proprietary platform designed to facilitate various financial transactions, providing real-time market data, technical analysis tools, order execution capabilities, and risk management features.
Q: What deposit methods are available with TangYin?
A: TangYin allows deposits via bank transfer, providing specific bank details and account numbers for different currencies, including HKD, USD, and CNY, along with a Swift Code for international transfers.
Q: How can I contact TangYin's customer support?
A: TangYin's customer support can be reached via phone at +852-27680909 or through email at master@tangyin.hk. Additionally, their physical office is located in Hong Kong at 204-205, 2/F, OfficePlus @Sheung Wan, 93-103 Wing Lok Street, offering convenient channels for assistance.