Huatai International Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-27 18:12

Abstract：Huatai International Financial Holdings Company Limited (“Huatai International”) is a wholly owned subsidiary of Huatai Securities Co., Limited (601688.SH and 6886.HK) (the “Group” or the “the parent company” or “HTSC”). It was registered in Hong Kong in 2006 and is not subject to any regulations.

Huatai International Review Summary
Founded	2006
Registered Country/Region	Hong Kong
Regulation	SFC
Services	Private Wealth Management, Equity Derivatives, FinTech and Retail Business, Investment Banking, Private Capital Investment, EST, Asset Management, FICC
Trading Platform	Huatai International App
Min Deposit	0
Customer Support	Service time: 9:00 am-12:00 noon, 1:00 pm-6:00 pm
	Tel: (852) 3658 6000
	Fax: (852) 3658 6000
	Email: hkinfo@htsc.com, pwm.service@htsc.com
	Address: 4201, 42/F & 53F, 5808-12, 58/F & 62/F & 69/F, THE CENTER, 99 QUEEN'S ROAD CENTRAL, HK

　　Huatai International Financial Holdings Company Limited (“Huatai International”) is a wholly owned subsidiary of Huatai Securities Co., Limited (601688.SH and 6886.HK) (the “Group” or the “the parent company” or “HTSC”). It was registered in Hong Kong in 2006 and is not subject to any regulations.

Huatai International Financial Holdings' homepage

Pros and Cons

Pros	Cons
Many years' industry experience	Limited payment options
Regulated by SFC
Various financial services
Transparent fee structure
No minimum deposit

Is Huatai International Legit?

　　Huatai International is regulated by the Securities and Futures Commission (SFC), which is an independent statutory body set up in 1989 to regulate Hong Kong's securities and futures markets. It also has been in operation for several years, and has received positive reviews from many customers.

　　Based on the information, Huatai International appears to be a reliable and trustworthy broker.

　　However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

Services

Services	Supported
Private Wealth Management	✔
Equity Derivatives	✔
FinTech and Retail Business	✔
Investment Banking	✔
Private Capital Investment	✔
EST	✔
Asset Management	✔
FICC	✔

Huatai International Fees

Items	Shenzhen - Hong Kong Stock Connect	Hong Kong Stock Connect
Initial Public Offering (IPO) Subscription	Not Allowed
Lot Size per Transaction	100 Shares	Depends on the Individual Stock
Maximum Order Size	1,000,000 Shares
Minimum Price Fluctuation	0.01 RMB
Price Limits	±10% of the previous closing price; For ST and *ST stocks, ±5% of the previous closing price; Prices must be within the price limit range	Prices must be within the price limit range
Settlement Date	T Day (Securities Settlement) T + 1 Day (Fund Settlement)	T + 2 (Securities Settlement + Fund Settlement)
Shareholder Voting	Can be conducted through the voting function of the Central Clearing System	Collected and submitted by China Settlement

Items	Charges
Brokerage Commission	0.25% of the transaction amount per lot, with a minimum charge of 100 RMB
Transaction Stamp Duty	0.1% of the transaction amount (only for sell-off)
Handling Fee	0.00487% of the transaction amount
Certification Management Fee	0.002% of the transaction amount
Transfer Fee	0.002% of the transaction amount (paid according to the Shanghai - Hong Kong Stock Connect / Shenzhen - Hong Kong Stock Connect rules of China Settlement)
Transfer Fee	0.002% of the transaction amount (paid according to the general rules of the Central Clearing System)

　　*For other tax items specified by the State Administration of Taxation, such as dividend tax, they will be collected according to the standards after the notification of the State Administration of Taxation is completed.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Huatai International App	✔	iOS, Android	/

Deposit and Withdrawal

　　Deposit option:

　　Customers may choose to apply for a wire transfer, make a transfer, or issue a check through their own account to deposit funds into Huatai Hong Kong's bank account or the sub-account opened for them by the bank. Please note that third-party deposits are not accepted.

　　Withdrawal option:

　　Through the online trading platform, select online withdrawal (only accepts registered bank accounts of the client with Huatai International) withdrawal notification form. Customers should log in to the Huatai Hong Kong website to download the form, fill it out completely, and then provide it to Huatai International via fax or email.

　　Withdrawal time restrictions:

　　Huatai International's cutoff timefor withdrawals is at 11:00 AM daily. Any withdrawal instructions received after 11:00 AM will be processed on the next business day. When the Hong Kong Observatory issues a No. 8 Strong Wind or Gale Signal or a Black Rainstorm Warning Signal, withdrawal instructions may be postponed to the next business day for processing.