Hong Kong Selead Group-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

Hong Kong Selead Group is an online trading platform, providing a range of financial services including stocks, foreign exchange, gold and silver, financial future, and global contract brokerage and trading. This companys business scope has been expanded to Hong Kong, Macao, Taiwan, Southeast Asia, Europe, and the United States. Besides, Hong Kong Selead Group currently holds an Appointed Representative (AR) license authorized from ASIC, with regulatory license number 001292498.

Market Instruments

Hong Kong Selead Group offers more than 47 trading products, including forex pair, stocks, commodities (Silver and Gold), futures, and CFD products.

Minimum Deposit

Hong Kong Selead Group offers two trading accounts: the Classic account and the Quantum account. However, it does not disclose the minimum initial deposit required by each account.

Leverage

The maximum trading leverage offered by Hong Kong Selead Group is up to 400 times for forex trading, 200 times leverage for gold and silver trading, 5 times for cryptocurrency trading, which sounds quite generous.

Spreads & Commissions

For major pairs, the average spread for the EUR/USD pair amounts to 0.5 pips, GBPUSD 0.5 pips, the average spread for the XAGUSD 0.9 pips, XAUUSD 6.8 pips, BCHUSD 123.3 pips, ETCUSD 128.5 pips. The commission is not mentioned on this brokers website.

Trading Platform Available

What Hong Kong Selead Group provides with traders is the industry-recognized MT5 trading platform, which integrates three functions of market charts, technical analysis, and order trading, available on computer version and mobile version.

Deposit & Withdrawal

Hong Kong Selead Group says it theoretically supports all banks, and the amount of capital injection on that day is subject to the amount specified by your bank. As for withdrawal, you can contact the platform broker, who will help investors withdraw funds from their accounts.

Customer Service

The Hong Kong Selead Group customer support team can be reached through email: service@hkselead.com, and there is also a “customer service” section offering some common Q&A answers.