FUJI Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-16 18:54

Abstract：Established in 2019 in Hong Kong, FUJI is a financial platform offering Hong Kong stock trading, new stock subscriptions, and futures trading. However, as an unregulated platform, it may not adhere to industry standards.

FUJI Review Summary
Company Name	FUJI
Registered Country/Area	Hong Kong
Founded Year	2019
Regulation	Unregulated
Market Instruments	Securities, stock and future market services
Commissions	0.15% (Minimum HKD 50)
Trading Platforms	Futures Trading System and Stock Software
Customer Support	+852 2164 4816, +852 2559 1041
Deposit & Withdrawal	Bank transfer( Bank of China (Hong Kong) Limited)

FUJI Information

　　Established in 2019 in Hong Kong, FUJI is a financial platform offering Hong Kong stock trading, new stock subscriptions, and futures trading. However, as an unregulated platform, it may not adhere to industry standards.

Is FUJI legit?

　　FUJI is operated under the domain fuji.com, registered with Dynadot Inc. While FUJI's domain registration dates back to 1995, it does not hold any regulatory licenses.

Pros and Cons

Pros	Cons
4 types of market Instruments	Unregulated
4 types of trading platforms	Notable service fees for certain transactions
Efficient mobile and online trading options

What Can I Trade on FUJI?

　　FUJI offers 5 types of financial services, including Hong Kong stock trading, new stock subscriptions, listed bond trading, and futures trading. Additionally, FUJI provides trading in various commodities through collaborations with leading exchanges, notably the Chicago Mercantile Exchange (CME).

Tradable Instruments	Supported
Hong Kong stock	✔
New Stock subscriptions	✔
Listed bond	✔
Futures	✔
Commodities	✔

Commissions & Fees

　　FUJIs minimum fees start from HKD 35, with a diverse fee structure that includes trading fees, government levies, IPO subscription fees, and grey market trading fees, among others.

Service	Transaction Amount	Fee Rate	Minimum Fee	Maximum Fee
Electronic Trading Platform	--	0.15% (Minimum HKD 50)	--	--
Phone Trading	--	0.25% (Minimum HKD 100)	--	--
Government Stamp Duty	--	0.13% (Calculated as 1 if < 1)	--	--
Transaction Levy	--	0.00%	--	--
Trading Fee	--	0.01%	--	--
Central Clearing Fee	--	0.01% (Minimum HKD 5, Maximum HKD 300)	--	--
Custodian Fee	Exempt (for holdings < 5,000 shares)	--	--	--
Hong Kong IPO Subscription	Cash Subscription:	HKD 100 per application	--	--
	Margin Subscription:	HKD 100 per application	--	10% of subscription amount if using bank financing
	Bank Financing Rate:	Adjusted based on market conditions upon listing	--	--
	Margin Financing Rate:	7% per annum	--	--
Brokerage Fee, Trading Fee, Commission	1.0077% (charged for successful allotment)	--	--	--
Grey Market Trading	Online Trading:	0.08% (Minimum HKD 80)	--	--
Grey Market Trading	Phone Trading:	Minimum HKD 100 per transaction	--	--
Other Service Charges	Total Cash Dividend:	0.5% (0.12% collected by HKSCC)	Minimum HKD 35	Maximum HKD 2,800
	Registration and Transfer Fee:	HKD 2.5 per share (HKSCC collects HKD 1.5)	--	--
	Handling Fee for Cash Dividend:	0.5% (Minimum HKD 30, Maximum HKD 2,500)	--	--
	Minimum Fee:	HKD 35	--	--
Mobile Service Fee	HKD 1.5 per share (HKSCC collects HKD 0.8)	Minimum HKD 35	--

Trading Platform

　　FUJI offers two distinct trading platforms to meet various user needs and enhance the trading experience.

Platform	Supported	Suitable For
Futures Trading System	✔	Experienced traders and professionals needing advanced charting and analysis capabilities
Stock Software	✔	Investors are looking for market insights and advanced order types

Deposit & Withdrawal

　　Deposit Methods: Clients can deposit funds via bank transfers using the Bank of China (Hong Kong) Limited, with account details provided for Hong Kong Dollar transactions, as well as separate accounts for USD and RMB.

　　Withdrawal Methods: Funds can be withdrawn through the mobile trading terminal or the company's website. Clients may also submit a “Customer Fund Withdrawal and Transfer Notice” via email for processing.