CITIC SECURITTIES Spreads, leverage, minimum deposit Revealed

CITIC SECURITTIES Information

　　CITIC SECURITTIES is a regulated service provider of premier brokerage and financial services, which was founded in Hong Kong in 1995. It offers products in Securities, IPO Subscriptions, Grey Market, Stock Options and Algorithmic Trading.

Pros and Cons

Is CITIC SECURITTIES Legit?

　　Yes. CITIC SECURITTIES is licensed by Securities and Futures Commission of Hong Kong (SFC) to offer services. Its license number is AHR752. The Securities and Futures Commission (SFC) is an independent statutory body set up in 1989 to regulate Hong Kong's securities and futures markets.

Regulated Region	Regulator	Current Status	Regulated Entity	License Type	License No.
	Securities and Futures Commission of Hong Kong (SFC)	Regulated	CITIC Securities Futures (HK) Limited	Dealing in futures contracts	AHR752

CITIC SECURITIES Products

　　CITIC SECURITIES provides a number of products, including Securities, IPO Subscriptions, Grey Market, Stock Options, and Algorithmic Trading.

Account Type

　　CITIC SECURITIES provides various customer account types, such as Corporate Account, Partnership Account, etc. But the broker does not provide any information about the minimum deposit of accounts.

CITIC SECURITTIES Fees

　　Fees vary for different transactions. Please refer to the fee schedule provided on the official website for details.

Trading Platform

　　CITIC SECURITIES offers XeT International APP and iTrade online trading platform for mobile and web respectively.

Deposit and Withdrawal

　　CITIC SECURITIES does not accept third party deposits and withdrawals. Cash deposits and withdrawals are also not acceptable. Clients should transfer funds through their own bank accounts or use cheque deposit.

　　Bank Transfer Service and Faster System (FPS): If the deposit is made through E-banking, Bank Counter, ATM, Cheque or FPS, please submit the deposit instruction on Xet International app, iTrade or TDX, or you can inform your designated Account Executive / Salesperson for acknowledgement.

　　Bill Payment: Fund deposits can also be made through the electronic bill payment services of HSBC or Hang Seng Bank.

　　eDDA Electronic Direct Debit Authorization (For Securities account and HKD deposit only): After successful authorization, you can directly initiate an electronic direct debit instruction (eDDI) via our mobile app XeT International, online trading platform iTrade or mobile app (general version).

　　Except for the eDDA electronic direct debit service, the brokers deposit cutoff time is 5:00 p.m. on each business day. Deposit instructions submitted after 5:00 p.m. will be processed on the next business day. And no minimum deposit/withdrawal amount defined and no fees or charges specified.

Promotions

　　Promoting activities are available. Customers can participate in different types of activities and gain bonuses.