Unclear Promotion and Discount Information: The company does not mention any specific promotions or discount policies, which may lack direct incentives for potential clients.
Unstated Margin Interest Rate: The information does not provide details on the company's margin interest rate, which are important factors for investors to consider when making decisions.
Lack of Educational Resources: The lack of dedicated educational resources is considered a disadvantage for Leeds Securities, especially for investors who are new to the financial markets or seeking to enhance their knowledge and skills.
Is Leeds Securities safe？
Regulations
Leeds Securities is officially licensed and regulated by The Securities and Futures Commission (SFC) in Hong Kong under license numbers BJX653 and BMS480 for a wide range of business activities.
What are securities to trade with Leeds Securities？
Leeds Securities specializes in Hong Kong stock trading, you can trade stocks listed on the Hong Kong Stock Exchange (HKEX).
Leeds Securities Fees Review
Leeds Securities implements a fee structure that includes a commission of 0.30% on the gross amount with a minimum charge of HK$100, alongside various transaction-related fees such as Stamp Duty at 0.130%, Transaction Levy at 0.0027%, and additional charges for specific services like physical stock handling and delivery instructions.
Commission: 0.30% of the gross amount with a minimum of HK$100 (rounded up to the nearest dollar)
Stamp Duty: 0.130% of the gross amount
Transaction Levy: 0.0027% of the gross amount
HKEx Trading Fee: 0.005% of the gross amount
CCASS Settlement Fee: 0.002% of the gross amount with a minimum of HK$2 and a maximum of HK$100 (rounded up to the nearest cent)
Financial Reporting Council Transaction Levy: 0.00015% of the gross amount (rounded up to the nearest cent)
Transfer Paper Printing Fee: HKD 5 per transfer paper
Physical Stock Depository Fee: HKD 500 per stock
Physical Stock Withdrawal Fee: HKD 200 per stock
Delivery Instruction Fee (Deposit of Stock): 1% of closing price of the previous day (Minimum HKD 50, Maximum HKD 500)
Delivery Instruction Fee (Withdrawal of Stock): 1% of closing price of the previous day (Minimum HKD 50, Maximum HKD 500)
Investor Delivery Instruction Fee: 0.25% per transaction (Minimum HKD 2, Maximum HKD 500)
Leeds Securities App Review
This mobile trading app of Leeds Securities offers iPhone and Android versions for customers selection, you simply go to the App Store or Google play and download the mobile trading app. The company also provides a web-based platform for online investment.
Research and Education
Leeds Securities provides severely limited education and research resources for traders. The market research report provided is limited and outdated.
Customer Service
Leeds Securities provides several basic customer support channels:
Tel: (852)-3106 2213
Fax: (852)-3106 0001
Email: cs@leeds.hk
Address: Rooms 2701-3 27/F, Everbright Centre 108 Gloucester Road Wanchai Hong Kong
Conclusion
Leeds Securities Investment Limited, while licensed and experienced in Hong Kong, presents some drawbacks. Their website lacks details about investment products and fees beyond Hong Kong stocks. Limited online presence makes it difficult to assess their reputation and overall reliability. This lack of transparency makes them riskier, especially for beginners.
FAQs
Is Leeds Securities safe to trade？
The safety of trading with Leeds Securities is uncertain. While their Hong Kong license suggests some oversight, their website might lack transparency on fees and investment options beyond Hong Kong stocks.
Is Leeds Securities a good platform for beginners？
No, Leeds Securities Investment Limited, while licensed, lacks transparency on fees and investment options beyond Hong Kong stocks. Their limited online presence makes it difficult to assess their user-friendliness and support. For beginners, this lack of clarity can be risky.
Risk Warning
The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.
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