Score

5.46 /10
Average

BLUEMOUNT

Hong Kong

2-5 years

Regulated in Hong Kong

Dealing in securities

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

D

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Comparison

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Exposure

Time Machine
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Score

Regulatory Index6.32

Business Index6.26

Risk Management Index0.00

Software Index5.69

License Index6.32

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

BLUEMOUNT FINANCIAL GROUP LIMITED

Company Abbreviation

BLUEMOUNT

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 2
Previous Detection : 2025-05-31
  • This broker exceeds the business scope regulated by China Hong Kong SFC(license number: BHR496)SFC-Dealing in securities Non-Forex License. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

BLUEMOUNT · Company summary
BLUEMOUNT Review Summary
Founded1996
Registered Country/RegionChina Hong Kong
RegulationSFC (Exceeded)
Market InstrumentsSecurities, Shares
Trading PlatformBLUEMOUNT APP
Customer SupportHotline: +852 2137 2688
Fax: + 852 2137 2628
Email: cs@bluemount.com

BLUEMOUNT Information

BLUEMOUNT is a securities company based in China, Hong Kong, providing securities trading services for both the Hong Kong and Global markets. BLUE also offers various services, including collection of account management services, cash dividends, bonus shares/warrants, new shares subscription, shares subscription, exercise of warrants, and stock consolidation/splitting, etc. It currently operates without regulation.

BLUEMOUNT Information

Pros and Cons

ProsCons
Transparent fee structureExceeded SFC License
Offers both Individual and Joint accountsDemo accounts unavailable
Long operation timeLimited market instruments
Limited payment options

Is BLUEMOUNT Legit?

No, BLUEMOUNT holds an exceededlicense from the Securities and Futures Commission (SFC) of Hong Kong, which means its current activities are being operated without regulatory oversight.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Securities and Futures Commission of Hong Kong (SFC)ExceededBluemount Securities LimitedDealing in securitiesBHR496
BLUEMOUNT license

What Can I Trade on BLUEMOUNT?

Traders on BLUEMOUNT get access to shares and securities (cash and margin).

Trading AssetAvailable
securities
shares
forex
commodities
indices
cryptocurrencies
bonds
options
funds
ETFs

Account Type

Traders are allowed to open both individual accounts and joint accounts on this platform.

Additionally, this platform offers Discretionary Account Services, which refers to investment management services where a financial advisor or portfolio manager is given the authority to make investment decisions on behalf of a client without needing to seek prior approval for each transaction.

Account Types

Fees

BLUEMOUNT provides traders with a clear fee structure, detailing its charges for each service. For instance, BLUEMOUNT charges a commission of 0.25%, and the minimum amount is HK$ $100.

For more information about fees and charges on this platform, please go to https://www.bluemount.com/fees-charges?lang=en.

Here are various fees related to the transaction, along with their calculation rules and payment timelines.

ItemsService FeeReceipt/Payment Time
CommissionOrdinary trade: 0.25%; Min. HK$100On or before the settlement due date
Stamp Duty0.13% of transaction amount; (Rounded up to nearest dollar)
Trading Fee0.005% of transaction amount (Rounded to nearest cent)
Transaction Levy0.0027% of transaction amount (Rounded to nearest cent)
FRC Transaction Levy0.00015% (Rounded to nearest cent)
Fees

Trading Platform

BLUEMOUNT offers a trading app that is accessible on both Google Play and the App Store.

Trading PlatformSupported Available Devices
BLUEMOUNT APPMobile
Trading Platform

Deposit and Withdrawal

Deposit Process:

  • Bank Accounts for Deposit:
    • You can deposit funds into Bluemounts accounts at Bank of China or Chong Hing Bank. Available account types include Hong Kong Dollar Accounts, but there are no RMB or USD accounts. SWIFT Codes and addresses are provided for each bank.
  • Deposit Timing:
    • Before 15:30 on trading days: Processed the same day. After 15:30: Processed the next trading day.
  • Deposit Methods:
    • Cheque/Draft/Bank Transfer: Make payable to Bluemount Securities Limited. If depositing by cheque, you must provide the bank-in slip, a photo or copy of the cheque, or transfer confirmation.

Important Notes: Third-party deposits are not accepted. All deposits must come from your account. If Bluemount identifies a deposit from a third party, it will return the funds to the senders account (with any bank charges deducted).

Withdrawal Process:

  • How to Withdraw:
    • You can call Customer Service (CS) at (852) 2137 2688 to request a withdrawal.
  • Withdrawal Timing:
    • Before 12:00 PM: Withdrawals processed in the afternoon and deposited by crossed cheque into your registered bank account on the same trading day. After 12:00 PM: Withdrawals are processed the next trading day.
Deposit and Withdrawal

User Reviews

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User comment

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Comments

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包修卫
more than one year
BlueMount is definitely a fraudulent company. I chatted with one of its agent several days ago, but he consistently asked me to invest here. During our short conversation via phone, I can tell that he is not a professional. I don’t want to waste my time here. As well, I hope you guys don’t come to this platform.
BlueMount is definitely a fraudulent company. I chatted with one of its agent several days ago, but he consistently asked me to invest here. During our short conversation via phone, I can tell that he is not a professional. I don’t want to waste my time here. As well, I hope you guys don’t come to this platform.
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2023-03-20 17:33
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FX1151016135
more than one year
BLUEMOUNT 这个公司的网站显得非常简陋,并且我注意到它在wikifx上面的信息也是如此……这是一个没有监管信息的很有可能是骗子的公司。保险起见我不会在这里贸然投资。
BLUEMOUNT 这个公司的网站显得非常简陋,并且我注意到它在wikifx上面的信息也是如此……这是一个没有监管信息的很有可能是骗子的公司。保险起见我不会在这里贸然投资。
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2022-12-14 17:12
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