Abstract:Founded in 2016, RIFA is a financial company regulated by SFC based in China Hong Kong. It offers security and futures trading.
RIFA Review Summary | |
Founded | 2016 |
Registered Country/Region | China Hong Kong |
Regulation | SFC |
Products | Securities, futures |
Demo Account | ❌ |
Trading Platform | Nifa Securities, Ayers Security Code, Esheng Polestar 9.3, and Yisheng Yixing mobile trading platform |
Customer Support | Phone: +852 3900 1718 |
Email: hkrf@rffg.com.hk | |
Address: Full floor, 7th floor, 28 Hennessy Road, Hong Kong |
Founded in 2016, RIFA is a financial company regulated by SFC based in China Hong Kong. It offers security and futures trading.
Pros | Cons |
Regulated by SFC | No demo accounts |
Diverse customer support channels | |
A wide range of trading platforms |
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
SFC | Rifa Futures Limited | Dealing in futures contracts | ARP340 | Regulated | |
SFC | Rifa Securities Limited | Dealing in securities | AAA537 | Exceeded |
RIFA mainly offers security and futures trading.
Fees for buying and selling stocks | |
Type | Cost |
commission | Please contact your broker |
Transaction levy | 0.0027% of transaction amount |
Transaction fees | 0.00565% of transaction amount |
Stock stamp duty | 0.13% of the transaction amount (less than $1 is also calculated as $1) |
Settlement fee | 0.005%, minimum HKD 5.5* (Fee currency is calculated according to the currency charged by the Clearing House) |
China-Hong Kong system connection fee | HK$15 per order (not combined) |
FRC Transaction Levy | 0.00015% of the transaction amount (up to the nearest cent) |
RIFA provides Nifa Securities, Ayers Security Code, Esheng Polestar 9.3, and Yisheng Yixing mobile trading platform.
Bursa Malaysia saw a slight dip on the final trading day of the year as profit-taking and cautious sentiment dominated. The FBM KLCI declined 3.4 points to 1,634.28, with muted turnover of RM822.07 million due to year-end festivities. Blue-chip stocks, including Tenaga Nasional and Telekom Malaysia, experienced declines, while regional markets remained subdued amid global uncertainties. As 2024 approaches, investors remain cautious, balancing risks with potential opportunities.
The Federal Reserve has implemented multiple interest rate cuts in 2024, bringing the rate to a range of 4.25%-4.5% by the end of the year. However, whether the Fed will continue cutting rates or shift to rate hikes in 2025 remains uncertain. The Fed's policy direction depends not only on economic data but also on internal adjustments, the policy direction of the new president, and other factors.
Morgan Stanley secures regulatory approval to enter China's futures market, expanding its presence and joining J.P. Morgan in the rapidly growing derivatives sector.
Hong Kong is strengthening its position as a fintech leader with the introduction of new policies that support artificial intelligence (AI) integration in the financial sector and explore tax breaks for virtual asset investments.