ZHONGYANG

ZHONGYANG provides securities and futures brokerage services, offering trading options in various markets, including the Hong Kong Stock Exchange (HKEX), American stock exchanges (NYSE, NASDAQ), and the Shanghai and Shenzhen Stock Connect.

They offer a range of financial products, including securities and futures contracts, each with its associated trading fees.

However, their regulatory licenses of SFC are exceeded and suspicious clone.

Pros and Cons

Is ZHONGYANG Legit?

ZHONGYANG holds two license types of SFC: Advising on securities and Dealing in futures contracts. However, these two licenses are reported as exceeded or suspicious clones.

Products and Services

ZHONGYANGs securities business provides trading of securities and related derivatives of companies listed on the Hong Kong Stock Exchange, trading of Shanghai-Hong Kong Stock Connect, global securities, funds and bonds, and related margin trading services.

Besides, they also provide investment advice and asset management financial services to clients.

ZHONGYANG Fees

ZHONGYANG charges turnover fees and commission:

Besides, they also charge commissions for different futures products, for example:

More details can be learned through clicking: https://www.zyfgl.com/index.php?m=content&c=index&a=lists&catid=19

Trading Platform

ZHONGYANG offers Yisheng Polestar 9.5.7 system, which can be downloaded via App Store and Google Play.

Deposit and Withdrawal

Deposit:

ZHONGYANG offers bank transfer to make a deposit. After the account transfer is completed, the customer needs to provide Zhong Yang Securities with a complete deposit certificate. The company will then call the customer to verify and confirm the fund deposit operation.

Bank Name: Bank of China (Hong Kong) Limited

SWIFT Code: BKCHHKHHXXX

Beneficiary Account Name: ZHONG YANG SECURITIES LTD – Clients A/C

Withdrawal:

Customers can notify Zhong Yang Securities for withdrawals through the following routes:

Call: Dial (852) 31070731

Email: Send an email with the details to cs@zyzq.com.hk for securities and set.fut@zyzq.com.hk for futures, using the email registered when the account was opened.

Fax or Email: Fill out the withdrawal form and fax it to +852-28363825 or email it to cs@zyzq.com.hk for securities and set.fut@zyzq.com.hk for futures.

Notes:

- If no request is made, a cheque will be issued. For bank transfers or telegraphic payments, notify the company separately. Any handling fees are subject to the banks charges.

- Funds received before 11:00 a.m. on a trading day will be credited the same day, and funds received after 11:00 a.m. will be credited on the next trading day.

- The company does not process withdrawal requests from third-party bank accounts.