abstrak:XHK, a brokerage firm registered in Hong Kong , offers Stocks & ETFs, Futures, Options, Funds, Bonds as financial instruments to its clients. Notably, the broker is regulated by SFC (Securities and Futures Commission of Hong Kong) with license no. BNN565, which indicates some level of credibility and regulatory compliance of the broker.
XHK Review Summary in 8 Points | |
Founded | 2011 |
Registered Country/Region | Hong Kong |
Regulation | SFC regulated |
Market Instruments | Stocks & ETFs, Futures, Options, Funds, Bonds |
Demo Account | Available |
Trading Platforms | EXANTE |
Minimum Deposit | €10,000 |
Customer Support | Phone, email, address, contact us form |
XHK, a brokerage firm registered in Hong Kong , offers Stocks & ETFs, Futures, Options, Funds, Bonds as financial instruments to its clients. Notably, the broker is regulated by SFC (Securities and Futures Commission of Hong Kong) with license no. BNN565, which indicates some level of credibility and regulatory compliance of the broker.
In the upcoming article, we will comprehensively analyze this broker's attributes from various angles, delivering clear and well-organized information. If you find this topic intriguing, we encourage you to continue reading. At the conclusion of the article, we will provide a concise summary to offer you a quick grasp of the broker's key features.
Pros | Cons |
• Regulated by SFC | • High minimum deposit |
• Demo account | • Withdrawal fees charges |
• Wide range of market instruments | • No MT4/5 trading platform |
Regulated by SFC: Ensures adherence to strict standards, enhancing trust and credibility.
Demo Account: Provides a risk-free environment for traders to practice and test strategies.
Wide Range of Market Instruments: Offers diversity in investment options including Stocks & ETFs, Futures, Options, Funds, Bonds, catering to varying trading preferences.
High Minimum Deposit: High minimum deposit of €10,000 for individual customers and €10,000 for corporate customers pose a barrier to entry for some investors.
Withdrawal Fees Charges: Additional costs incurred when withdrawing funds at €30 add trading costs for readers.
No MT4/5 Trading Platform: Lack of access to a popular trading platform preferred by many traders for its features and functionality.
When considering the safety of a brokerage like XHK or any other platform, it's important to conduct thorough research and consider various factors.
Regulatory sight: The broker operates under SFC (Securities and Futures Commission of Hong Kong) regulation with license number BNN565, which adds a certain level of credibility. But experience alone does not guarantee
User feedback: To get a deeper understanding of the brokerage, it is suggested that traders explore reviews and feedback from existing clients. These shared insights and experiences from users can be accessed on reputable websites and discussion platforms.
Security measures: XHK employs stringent privacy protection measures, safeguarding client data with encryption protocols and secure authentication processes. Client confidentiality is upheld through restricted access controls and continuous monitoring, ensuring that personal information remains confidential and secure against unauthorized access or breaches.
Ultimately, the choice to trade with XHK is a personal decision. It is important to thoroughly assess the risks and benefits before arriving at a conclusion.
XHK offers a wide array of market instruments for the diverse investment needs of its clientele.
With an expansive selection of over 40,000 stocks and ETFs sourced from global markets, investors have unparalleled access to both established blue-chip companies and promising new IPOs. Real-time pricing across 30+ financial markets ensures accurate and timely information for strategic decision-making.
In the realm of futures trading, XHK boasts access to over 500 futures varieties, spanning commodities to bonds, available on leading exchanges such as CME, NYMEX, and EUREX. The platform's exceptional execution speed, with latency as low as 10 milliseconds, enables investors to effectively hedge risks and capitalize on market fluctuations.
Options trading is streamlined with access to over 25,000 unique tickers and more than 1,000,000 strikes across markets from Chicago to Osaka. Advanced tools, including Greeks and implied volatility calculations, empower investors to tailor their strategies with precision.
Additionally, XHK's Hedge Fund Marketplace offers seamless access to over 500 funds, spanning various strategies and geographies. Real-time monitoring and reliable fund options enable investors to diversify their portfolios seamlessly.
Moreover, XHK offers a comprehensive selection of bonds, including government and private bonds, providing investors with opportunities to earn interest and profit from price changes. Clients have access to prime bonds with limited issue, available in both exchange-traded and over-the-counter (OTC) markets.
XHK offers a range of versatile account types designed to accommodate diverse trading preferences and objectives.
With the all-in-one live trading account, clients gain access to global markets, including the US, EU, and Asian markets, all from a single multi-currency account for both individuals and corporations. Whether trading stocks, ETFs, futures, options, or funds, clients enjoy the convenience of managing their investments seamlessly across various markets with ease.
Additionally, XHK provides a demo account option, allowing clients to practice trading strategies and familiarize themselves with the platform's features risk-free.
To open an account with XHK, you have to follow below steps:
Visit the XHK website, locate and click on the 'Get Started' button on the right corner of the mainpage, then choose 'Open Account' .
Choose to open an individual or corporate account and fill in the necessary personal details required.
Complete any verification process for security purposes.
Once your account has been approved, you can set up your investment preferences and start trading.
XHK's trading platform, powered by EXANTE, offers a comprehensive suite of features tailored to meet the needs of professionals and algorithmic traders alike. Available across various operating systems including Windows, iOS, Android, Linux, and Mac, it ensures accessibility and convenience for clients on any device.
With support for FIX API and HTTP API, traders benefit from fast and secure trading, facilitated by a network of 1,100 servers worldwide, ensuring low latencies and safe data transfer. Algorithmic traders can leverage the FIX 4.4 protocol for fully automated trading, seamlessly transferring data and accessing quotes.
To make a deposit or withdraw funds, clients can utilize bank transfer, with supported currencies including USD, HKD, EUR, GBP, CNY, AUD, BND, CAD, DKK, CHF, JPY, SGD, NOK, SEK, THB, and ZAR. The minimum deposit is €10,000 for individual accounts and €50,000 for corporate clients.
Withdrawal requests are processed within one day, and funds are typically received within 3-5 banking days. There is a withdrawal fee of €30 or its equivalent.
Additionally, XHK offers the Fast Payment System (FPS), allowing instant fund transfers with no supporting documents required. FPS transactions are available 24/7, including weekends and holidays, with daily transfer limits for both registered and non-registered users. FPS users can transfer funds using HSBC or Bank of China with daily limits ranging from 50,000 to 3,000,000, depending on registration status and bank.
Daily transfer limits by FPS:
HSBC | Bank of China | |
Non-Registered | 400,000 | 50,000 |
Registered | 3,000,000 | 1,000,000 |
XHK offers multiple customer support channels, ensuring accessibility and responsiveness. Clients can reach out via phone or email, or utilize the contact us form on the website. Additionally, XHK provides a physical address for inquiries. With such diverse channels available, clients can receive prompt assistance and guidance for their queries and concerns.
Address: Unit A, 6/F CNT Tower, 338 Hennessy Road, Wan Chai, Hong Kong.
Telephone: +852 2381 2899,
Email: support@xhk.asia; info@xhk.asia.
XHK, a brokerage firm registered in Hong Kong, offers Stocks & ETFs, Futures, Options, Funds and Bonds as market instruments to traders. Regulated by SFC, the company ensures adherence to strict standards, instilling confidence in its operations.
However, we still recommend you to be cautious and seek the latest information from XHK before making any investment decisions, thereby ensuring informed choices aligned with your financial goals.
Question 1: | Is XHK regulated? |
Answer 1: | Yes, it's regulated by SFC (Securities and Futures Commission of Hong Kong) with license number BNN565 |
Question 2: | Does XHK offer demo account? |
Answer 2: | Yes. |
Question 3: | Is XHK a good broker for beginners? |
Answer 3: | No, even though it's SFC regulated and offers a demo account, it's still not a good choice for beginners due to a high minimum deposit at €10,000. |
Question 4: | Does XHK offer the industry leading MT4 & MT5? |
Answer 4: | No. |
Question 5: | Whats the minimum deposit does XHK request? |
Answer 5: | XHK requires a minimum deposit of €10,000 for individual customers and €10,000 for corporate customers. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.