Huarong-Some important Details about This Broker

Huarong Information

Huarong (now XinKong Capital) was founded in 1973 and is headquartered in Hong Kong. It provides full financial services through its licensed subsidiaries. It is funded by China's CITIC Financial AMC and offers securities trading, corporate finance, and asset management. While it holds Hong Kong SFC permits, their status is stated as “Exceeded”.

Pros and Cons

Is Huarong Legit?

Products and Services

Through its companies that are licensed in Hong Kong, Huarong offers a full range of financial services. China CITIC Financial AMC, the business's parent company, supports its services, which include securities trading, corporate finance advice, and asset management.

Account Type

There are three primary categories of live trading accounts: Individual, Corporate, and Sole Proprietor/Partnership. The company does not have demo or Islamic accounts.

Huarong Fees

Huarong's forex trading fees, as indicated in bid-ask spreads, are generally reasonable and in line with industry averages.

Trading Platform

Deposit and Withdrawal

Huarong does not mention any deposit or withdrawal fees. Bank-related charges, such as cheque clearing fees or overseas remittance charges, may apply depending on the channel used.