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Forwin Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-08-01 18:37

Abstract:Forwin, a trading name of Forwin Holding Limited, is allegedly a regulated securities dealer licensed by the Securities and Futures Commission of Hong Kong. The broker provides its clients with all kinds of trading products and services on web-based and mobile trading platforms.

  General Information & Regulation

  Forwin, a trading name of Forwin Holding Limited, is allegedly a regulated securities dealer licensed by the Securities and Futures Commission of Hong Kong. The broker provides its clients with all kinds of trading products and services on web-based and mobile trading platforms.

  Products & Services

  Forwin advertises that it mainly offers securities trading, futures and options contract trading, as well as a wide selection of services, including local securities and Shanghai-Shenzhen stock connect securities trading services, margin financing trading service, discretionary services, underwriting and placing services and asset management service (private equity, delegated management service and investment advisory service).

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  Trading Platform Available

  Platforms available for trading at Forwin are a web-based trading platform and mobile apps. There is no more information about the web-based platform while the mobile app enable traders to buy and sell securities anytime and manage wealth anywhere.

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  Deposit & Withdrawal

  Forwin accepts three different deposit methods consisting Faster Speed (FPS), cheque and telegraphic transfer. Stock deposits are free while for withdrawal stock in kind, HK$5 per board lot plus HK$100 handling fee per stock is charged. For the stock pickup fee, the settlement fee is 0.002% of the previous day's closing value plus a handling fee of at least HK$100 per stock.

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  Fees

  Apart from withdrawal fees, there are also all kinds of other fees that will be charged by Forwin. For example, as far as Hong Kong stocks are concerned, the transaction fee is the transaction amount x 0.005%; and the transaction levy is the transaction amount x 0.0027%. As for the brokerage commission, it is the transaction amount x 0.25% and the minimum charge is HKD100. Other details about fees can be found in the below screenshots.

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  Customer Support

  Forwins customer support can be reached by telephone: (852) 2895 9999, (852) 2572 9166, email: dealing@forwin-holding.com, settlement@forwin-holding.com or send messages online to get in touch. Company address: Room 2201, 22/F, Office Tower, Convention Plaza, No.1, Harbour Road, Wanchai, Hong Kong.

Related broker

No Regulation
Forwin
Company name:Forwin Holding Limited
Score
1.60
Website:https://www.forwin-holding.com/?lang=en
5-10 years | Suspicious Regulatory License | Suspicious biz area | Dealing in futures contracts
Score
1.60

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