Abstract:Forwin, a trading name of Forwin Holding Limited, is allegedly a regulated securities dealer licensed by the Securities and Futures Commission of Hong Kong. The broker provides its clients with all kinds of trading products and services on web-based and mobile trading platforms.
General Information & Regulation
Forwin, a trading name of Forwin Holding Limited, is allegedly a regulated securities dealer licensed by the Securities and Futures Commission of Hong Kong. The broker provides its clients with all kinds of trading products and services on web-based and mobile trading platforms.
Products & Services
Forwin advertises that it mainly offers securities trading, futures and options contract trading, as well as a wide selection of services, including local securities and Shanghai-Shenzhen stock connect securities trading services, margin financing trading service, discretionary services, underwriting and placing services and asset management service (private equity, delegated management service and investment advisory service).
Trading Platform Available
Platforms available for trading at Forwin are a web-based trading platform and mobile apps. There is no more information about the web-based platform while the mobile app enable traders to buy and sell securities anytime and manage wealth anywhere.
Deposit & Withdrawal
Forwin accepts three different deposit methods consisting Faster Speed (FPS), cheque and telegraphic transfer. Stock deposits are free while for withdrawal stock in kind, HK$5 per board lot plus HK$100 handling fee per stock is charged. For the stock pickup fee, the settlement fee is 0.002% of the previous day's closing value plus a handling fee of at least HK$100 per stock.
Fees
Apart from withdrawal fees, there are also all kinds of other fees that will be charged by Forwin. For example, as far as Hong Kong stocks are concerned, the transaction fee is the transaction amount x 0.005%; and the transaction levy is the transaction amount x 0.0027%. As for the brokerage commission, it is the transaction amount x 0.25% and the minimum charge is HKD100. Other details about fees can be found in the below screenshots.
Customer Support
Forwins customer support can be reached by telephone: (852) 2895 9999, (852) 2572 9166, email: dealing@forwin-holding.com, settlement@forwin-holding.com or send messages online to get in touch. Company address: Room 2201, 22/F, Office Tower, Convention Plaza, No.1, Harbour Road, Wanchai, Hong Kong.
Admirals restarts EU client onboarding after a 2024 pause, enhancing compliance with CySEC regulations while aiming to boost its forex and CFD market presence.
Pocket Option is considered a beginner-friendly trading platform, providing access to over 100 CFD instruments. Though not in an extensive range, 12 currency pairs, 10 cryptocurrencies, and stock indices are enough for focused and efficient trading. Particularly, forex trading starts at $10, perfectly fit for beginners' trading styles. Besides, Pocket Option provides a free demo account with virtual funds of $50,000 to give users risk-free practice. Though Pocket Option introduces commission-free option trading, they are less competitive in trading costs for other instruments.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.
WNS Trade Limit, established in 2023, is a forex broker incorporated in Mauritius under registration number C200345. The company operates under the jurisdiction of the Financial Services Commission (FSC) of Mauritius, holding license number GB232201953.