CMS Information Revealed

Note: CMS's official website: https://www.cmschina.com.hk/en/ is currently inaccessible normally.

CMS Information

CMS is a securities company registered in Hong Kong, China and regulated by SFC. It supports the trading of Futures, Commodities, Funds, Stocks, Bonds, Options, ETFs, Indices, etc. It provides 6 trading platforms and 3 accounts.

Pros and Cons

Is CMS Legit?

Regulated Country/Region
Regulated Authority	SFC	FCA
Regulated Entity	China Merchants Securities (HK) Co., Limited	conChina Merchants Securities (Uk) Limited
License Type	Dealing in futures contracts	Investment Advisory License
License Number	AAI650	610534
Current Status	Regulated	Exceeded

What Can I Trade on CMS?

CMS offers Hong Kong futures trading, including Hang Seng Index futures, Mini Hang Seng Index futures, etc. CMS also offers bond trading, trading of various funds, including equity funds, bond funds and balanced funds, and ETFs. In addition, there are Hong Kong stocks, overseas stocks in 12 different markets, stock options, global commodities, futures and indices.

Account Types

CMS offers two main types of securities accounts: cash account and margin account. A futures account dedicated to trading futures contracts is also available.

CMS Fees

Securities trading charges include 0.25% brokerage commission (minimum HK $100), transaction levy 0.0027%, transaction fee 0.00565%. A stamp duty of 0.13% is imposed on banknotes sold.

Stock options trading involves a commission of HK $40 per contract per party, with a minimum of HK $100 for executed orders.

CMS charges an annual custodial fee of 0.04 percent of market value for its bond trading services, as well as a $30 transaction fee and an $80 early redemption fee.

Trading Platform

CMS can use CMS Hong Kong App platform and CQ Key app for stock trading, which is available for mobile devices.

CMS offers a variety of software options for futures trading: CQG Trader Futures Trading software, CQG Web Futures Trading, SPTraderPro HD mobile app, and Sharp Point Futures Trading software.

Deposit and Withdrawal

There are 4 deposit methods supported by CMS:

Transfer to designated bank account (e.g. Standard Chartered Bank, Bank of China)

Online banking through China Merchants Bank Hong Kong Branch (CMBHK)

Checking deposit

Same day bank transfers from selected local banks

Withdrawals can be made through online trading platforms or by check and remittance. In addition, bank account authorization and deposit of funds are free of charge.