Extracto:Core Pacific Yamaichi Intl(H.K.)Ltd. (CPY) is a regulated financial broker based in Hong Kong. The company offers a range of trading services, including forex, stocks, CFDs, commodities, and cryptocurrencies. They provide multiple account types, such as Standard, Pro, and VIP accounts, with varying minimum deposits and leverages. CPY offers 24/7 support via email, phone, and live chat, along with an informative knowledge base. Traders can access their services through the widely-used MetaTrader 4 and 5 platforms. CPY is licensed by the Securities and Futures Commission (SFC) and is known for its broad array of tradable assets and comprehensive deposit/withdrawal options, including bank wire, credit/debit cards, Skrill, Neteller, China UnionPay, and Alipay. The company has established office locations in several key Asian cities, catering to clients across the region.
Key Information | Details |
Company Name | Core Pacific Yamaichi Intl(H.K.)Ltd. |
Years of Establishment | 15-20 Years |
Headquarters | Hong Kong |
Office Locations | Hong Kong, Singapore, Tokyo, Taipei, Seoul |
Regulation | Securities and Futures Commission (SFC) |
Tradable Assets | Forex, Stocks, CFDs, Commodities, Cryptocurrencies |
Account Types | Standard Account, Pro Account, VIP Account |
Minimum Deposit | USD 500 |
Leverage | Up to 1:2000 |
Spread | From 0.6 pips |
Deposit/Withdrawal Methods | Bank Wire |
Trading Platforms | Proprietary |
Customer Support Options | Email, phone, live chat |
Core Pacific Yamaichi Intl(H.K.)Ltd. (CPY) is a regulated financial broker based in Hong Kong. The company offers a range of trading services, including forex, stocks, CFDs, commodities, and cryptocurrencies. They provide multiple account types, such as Standard, Pro, and VIP accounts, with varying minimum deposits and leverages. CPY offers 24/7 support via email, phone, and live chat, along with an informative knowledge base. Traders can access their services through the widely-used MetaTrader 4 and 5 platforms.
CPY is licensed by the Securities and Futures Commission (SFC) and is known for its broad array of tradable assets and comprehensive deposit/withdrawal options, including bank wire, credit/debit cards, Skrill, Neteller, China UnionPay, and Alipay. The company has established office locations in several key Asian cities, catering to clients across the region.
CPY operates as a regulated financial brokerage under the oversight of the Securities and Futures Commission (SFC) in Hong Kong. The company's license number is ABY048, and the regulatory authority governs CPY's activities related to dealing in futures contracts. This regulatory status ensures compliance with the rules and guidelines set forth by the SFC, providing a framework for their operations in the financial markets.
Being a regulated financial brokerage means that CPY is authorized and supervised by a recognized regulatory body, in this case, the Securities and Futures Commission (SFC) of Hong Kong. This regulatory status signifies that the company operates within the legal boundaries and adheres to the regulatory requirements outlined by the SFC. Advantages associated with this kind of regulation include transparency, accountability, and the assurance that the company is operating with proper oversight and in compliance with relevant laws and regulations.
Core Pacific Yamaichi Intl(H.K.)Ltd. (CPY) offers a comprehensive range of trading services, providing clients with access to forex, stocks, CFDs, commodities, and cryptocurrencies. Their multiple account types, including Standard, Pro, and VIP accounts, cater to different trader preferences and investment levels. The company's regulation by the Securities and Futures Commission (SFC) of Hong Kong ensures transparency and compliance with industry standards. CPY's 24/7 customer support, available through email, phone, and live chat, offers prompt assistance to clients across various time zones. The availability of popular trading platforms, MetaTrader 4 and 5, enhances traders' trading experience, and the company's informative knowledge base provides valuable resources for trading education.
However, while Core Pacific Yamaichi Intl(H.K.)Ltd. (CPY) has regulatory oversight from the Securities and Futures Commission (SFC), some customers have expressed mixed feedback about the company. Certain clients have reported concerns about high fees and spreads associated with their services. Additionally, the company's limited educational content might be a drawback for traders seeking in-depth learning resources.
Pros | Cons |
Comprehensive range of trading services | Mixed feedback from customers regarding fees and spreads |
Multiple account types available | Limited educational content |
Regulated by the Securities and Futures Commission | |
24/7 customer support via email, phone, and live chat | |
Access to popular trading platforms, MetaTrader 4 and 5 | |
Informative knowledge base |
CPY offers Stocks, CFDs, Commodities, and Cryptocurrencies as services. Specifics are as follows:
Stocks: CPY allows clients to invest in various stocks through their platform. The brokerage provides opportunities to trade shares of different companies, enabling clients to diversify their investment portfolios.
CFDs: CPY offers Contracts for Difference (CFDs), enabling clients to speculate on the price movements of various assets without owning the underlying instruments. Traders can trade CFDs on assets such as indices, commodities, and cryptocurrencies, providing them with flexibility in their trading strategies.
Commodities: CPY provides access to the commodities market, enabling clients to trade contracts on various commodities, including precious metals, energy products, and agricultural products.
Cryptocurrencies: CPY allows clients to trade a selection of cryptocurrencies, offering exposure to this emerging market and the potential for profit from price fluctuations.
The following is a table that compares Core Pacific Yamaichi Intl(H.K.)Ltd. (CPY) to competing brokerages:
Broker | Market Instruments |
CPY | Forex, Stocks, CFDs, Commodities, Cryptocurrencies |
FXPro | Forex, Stocks, Indices, Commodities, Cryptocurrencies |
IC Markets | Forex, Stocks, Indices, Commodities, Cryptocurrencies |
FBS | Forex, Stocks, Indices, Commodities, Cryptocurrencies |
Exness | Forex, Stocks, Indices, Commodities, Cryptocurrencies |
CPY offers the following three account types:
Standard Account: CPY offers the Standard Account, requiring a minimum deposit of USD 500. This account type provides a leverage of up to 1:500, with spreads starting from 1.2 pips. Traders using the Standard Account can access a variety of market instruments, including forex, stocks, CFDs, commodities, and cryptocurrencies.
Pro Account: CPY's Pro Account requires a minimum deposit of USD 20,000. With this account, traders can enjoy higher leverage of up to 1:2000 and tighter spreads starting from 0.8 pips. Similar to the Standard Account, the Pro Account offers access to a range of market instruments.
VIP Account: For high-tier traders, CPY offers the VIP Account with a minimum deposit of USD 100,000. Traders using this account benefit from a leverage of up to 1:400 and even tighter spreads starting from 0.6 pips. Like the other account types, the VIP Account grants access to various market instruments, including forex, stocks, CFDs, commodities, and cryptocurrencies.
The specifics of the account types are as follows:
Account | Minimum Deposit | Leverage | Spreads |
Standard Account | USD 500 | Up to 1:500 | Starting from 1.2 pips |
Pro Account | USD 20,000 | Up to 1:2000 | Starting from 0.8 pips |
VIP Account | USD 100,000 | Up to 1:400 | Starting from 0.6 pips |
Visit the Website: Go to CPY's official website at https://www.cpy.com.hk/us/.
Choose Account Type: Explore the different account types offered by CPY, including Standard, Pro, and VIP accounts. Select the one that aligns with your trading preferences and investment level.
Download A/C Opening Form: If applying through the downloadable form, access the A/C Opening Form from the website and complete it accurately.
Gather Required Documents: Gather the necessary documents as specified on the website, which typically include a valid identity document or passport, proof of address, bank book/statement, and email address (if available).
Submit Application: Send the completed A/C Opening Form and required documents to CPY's head office at the address provided on the website. Alternatively, fax the documents to the provided fax number.
In-Person Visit: If you prefer, you can personally visit CPY's head office to process your account application.
Appointment Request: To apply for an account through an appointment, contact CPY via the provided hotline or email to schedule an application meeting.
Confirmation: After submitting the application, CPY's customer services department will process your request. Any inquiries during the process, customers can reach out to CPY at (852) 2166 3888.
Core Pacific Yamaichi Intl(H.K.)Ltd. (CPY) offers different minimum deposit rates based on the chosen account type.
For the Standard Account, the minimum deposit required is USD 500.
For the Pro Account, a higher minimum deposit of USD 20,000 is necessary. The VIP Account, designed for high-tier traders, requires a minimum deposit of USD 100,000. Traders can select the account type that aligns with their trading preferences and investment level, providing flexibility in choosing their initial deposit amount.
Core Pacific Yamaichi Intl(H.K.)Ltd. (CPY) offers varying maximum leverage levels for different market instruments.
Traders can access leverage of up to 1:500 for forex trading, up to 1:100 for stocks, up to 1:500 for CFDs, up to 1:200 for commodities, and up to 1:200 for cryptocurrencies. The leverage options provided by CPY allow traders to enhance their trading positions and potential returns.
Heres a comparative table of CPY versus some industry competitors :
Broker | Forex | Stocks | CFDs | Commodities | Cryptocurrencies |
CPY | Up to 1:500 | Up to 1:100 | Up to 1:500 | Up to 1:200 | Up to 1:200 |
FXPro | Up to 1:500 | Up to 1:125 | Up to 1:50 | Up to 1:2 | Up to 1:2 |
IC Markets | Up to 1:500 | Up to 1:500 | Up to 1:200 | Up to 1:5 | Up to 1:5 |
FBS | Up to 1:3000 | Up to 1:1000 | Up to 1:500 | Up to 1:3 | Up to 1:3 |
Exness | Up to 1:2000 | Up to 1:200 | Up to 1:200 | Up to 1:2 | Up to 1:2 |
CPY offers spreads for various market instruments. The spread for the Standard Account starts from 1.2 pips, while the Pro Account offers spreads starting from 0.8 pips, and the VIP Account provides spreads starting from 0.6 pips.
Traders can benefit from these cost-effective trading conditions, making informed decisions across forex, stocks, CFDs, commodities, and cryptocurrencies. It's important to consider the offer spreads along with other factors when selecting an account type that suits individual trading preferences.
Core Pacific Yamaichi Intl(H.K.)Ltd. (CPY) offers multiple deposit and withdrawal methods.. For deposits, clients can transfer funds through online banking, ATMs, phone banking, remittance, PPS, or by bringing a cheque or bank draft in person.
After making a transfer, clients need to submit a copy of the receipt or proof to the Head Office Customer Services officers or settlement department before 4:00 pm. Cash and post-dated cheques are not accepted for deposits. Additionally, if the deposit amount exceeds a certain level, supporting documents are required, and call verification may be conducted.
For withdrawals, CPY provides the same-day deposit service for HKD withdrawals through specific banks. Withdrawal cut-off time is at 12:00 p.m. on weekdays, except public holidays. Remittance services are available for overseas customers, with handling fees charged by the remitting bank and CPY. Clients need to register their bank accounts and follow the specified cut-off times for withdrawals. AML guidelines are followed, and additional review may be required for remittance transactions.
Core Pacific Yamaichi Intl(H.K.)Ltd. (CPY) does not appear to offer MetaTrader 4 or MetaTrader 5. Instead, they provide their own proprietary trading platform called TSCI. TSCI is a web-based platform accessible through any web browser, offering various features such as charting, technical analysis tools, and automated trading functionalities.
Here is a table comparing brokers and their available platforms:
Broker | Trading Platforms |
CPY | TSCI |
FXTM | MetaTrader 4, MetaTrader 5, cTrader |
Exness | MetaTrader 4, MetaTrader 5, cTrader, ZuluTrade |
Pepperstone | MetaTrader 4, MetaTrader 5 |
FP Markets | MetaTrader 4, MetaTrader 5, cTrader |
CPY offers phone support, email support, live chat, and a knowledge base to assist clients with their inquiries and trading-related matters.
Phone Support: Clients can contact Core Pacific Yamaichi Intl(H.K.)Ltd. (CPY) through their customer service hotline at (852) 2166 3888. The service is available 24/7, providing immediate assistance and addressing general inquiries and complaints.
Email Support: For non-urgent matters, clients can reach CPY's customer service via email at info@cpy.com.hk. The company aims to respond within three working days and handles various account-related queries.
Live Chat: CPY offers live chat support on its website, allowing clients to engage with customer service representatives in real-time. This option offers quick responses to general questions and account inquiries.
Core Pacific Yamaichi Intl(H.K.)Ltd. (CPY) is a regulated financial broker offering access to a variety of market instruments, including forex, stocks, CFDs, commodities, and cryptocurrencies. CPY operates with a license from the Securities and Futures Commission (SFC), ensuring compliance with regulatory standards. The company uses a web-based proprietary trading platform called TSCI.
CPY offers multiple account types to choose from, traders can select an account that suits their risk tolerance and trading preferences. CPY's customer support options, including phone, email, live chat, and a knowledge base, facilitate prompt assistance and access to educational resources for traders. The company's regulated status, coupled with its user-friendly platform and market offerings, positions CPY as a reputable choice for traders seeking opportunities in the financial markets.
Q: What types of trading services does CPY offer?
A: CPY provides trading services for forex, stocks, CFDs, commodities, and cryptocurrencies.
Q: Where is CPY's headquarters located?
A: CPY's headquarters is situated in Hong Kong.
Q: How can clients reach CPY's customer support?
A: Clients can contact CPY's customer support through phone, email, and live chat.
Q: What is the minimum deposit required to open an account with CPY?
A: The minimum deposit for a CPY account is USD 500.
Q: Which regulatory authority oversees CPY's operations?
A: CPY is regulated by the Securities and Futures Commission (SFC) of Hong Kong.
Q: What is the name of CPY's proprietary trading platform?
A: CPY's proprietary trading platform is called TSCI.