华金证券

Huajin Securities
WikiStock Rating	⭐⭐⭐⭐
Account Minimum	Not Available
Trading Fees	0.25% commission fee
Account Related Fees	Not required
Interests on Uninvested Cash	N/A
Margin Interest Rates	8.6%
Mutual Funds Offered	Not Available
App/Platform	You+ Finance app (Android), Huajin Securities Huidian Options and Joaquin Flush (Android)
Promotion	No

Huajin Securities Information

　　Huajin Securities, established with competitive margin interest rates and a regulated framework, offers a range of tradable securities including stocks, bonds, and derivatives.

　　Their services encompass investment, trading, and market-making support, complemented by a variety of customer support options. They operate with a commission fee of 0.25%.

Pros and Cons

　　Huajin Securities offers several notable advantages, including a competitive margin interest rate, which can be appealing to investors seeking to leverage their trades. Additionally, the presence of various mobile apps enhances accessibility and convenience for traders, allowing them to manage their investments on-the-go. The regulatory oversight by Huajin Securities provides an added layer of security and trustworthiness, ensuring compliance with industry standards and safeguarding investor interests.

　　However, Huajin Securities faces some drawbacks, notably in its limited range of tradable securities, which restricts investment options for clients. Additionally, the commission fees at 0.25% may be perceived as less competitive compared to other brokers in the market.

Is Huajin Securities Safe？

• Regulations:

　　Huajin Securities operates under the regulatory framework set forth by the China Securities Regulatory Commission (CSRC), holding licenses pertinent to its operations in the securities market.

　　The closed status of its seat on the SSE indicates a temporary halt in trading activities, possibly due to regulatory concerns or internal adjustments.


• Funds Safety:

　　Huajin Securities does not offer insurance coverage for customer account balances. However, it adheres to regulatory requirements to segregate client funds from company assets, enhancing the security of client funds.

• Safety Measures:

　　Huajin Securities employs stringent security measures, including two-factor authentication and account inactivity monitoring. These measures add an extra layer of protection to user accounts, enhancing security against unauthorized access.

What are Securities to Trade with Huajin Securities？

　　Huajin Securities offers a range of tradable securities, including fixed income products, interest rate derivatives, currencies, stocks, bonds, hybrid funds, and alternative investment targets.

　　Fixed Income Products: Huajin Securities presents a spectrum of fixed income options, encompassing interest-bearing bonds, quasi-interest-bearing bonds, and credit bonds. These offerings provide investors with stable income streams and diversification opportunities within their portfolios.

　　Other Tradable Securities: Investors have access to a range of investment avenues, including interest rate derivatives, currencies, stocks, bonds, hybrid funds, and alternative investment targets. This broad range of options allows investors to tailor their portfolios to their specific risk tolerance and investment objectives.



Services

　　Huajin Securities offers a range of services. These include Investment Banking , Asset Management Business, and Brokerage Business.

　　Additionally, Huajin Securities engages in Proprietary Business and offers comprehensive Research Business services.

　　These services provide clients with access to investment opportunities, asset management expertise, brokerage services, proprietary trading, and in-depth research insights, supporting their financial goals and investment strategies.



Huajin Securities Accounts

　　Huajin Securities offers several account types tailored to meet the various needs of investors.

　　The Securities Cash Account is suitable for both Hong Kong and overseas residents, requiring supporting documents such as a certified true copy of the individual's Hong Kong permanent identity card or passport, along with address proof.

　　Meanwhile, the Securities Margin Account serves those seeking leverage in their investments, with additional documentation including an authorization letter for client securities.

　　Lastly, the Futures Account is designed for individuals interested in futures and options trading, necessitating similar supporting documents as the Securities Margin Account.



Huajin Securities Fees Review

• Commissions and Fees

　　Trading Fees and Charges for HK Securities Market:

　　Huajin Securities imposes a commission fee of 0.25% of the transaction amount, with a minimum charge of HK$100 per transaction. Additionally, traders are subject to stamp duty, which amounts to 0.1% of the transaction value, rounded up to the nearest dollar.

　　Further charges include the SFC Transaction Levy (0.0027% of transaction amount), HKEX Trading Fee (0.00565% of transaction amount), CCASS Fee (0.005% of transaction amount, with a minimum of HK$5 and a maximum of HK$200), and FRC Transaction Levy (0.00015% of transaction amount).

　　Trading Fees and Charges for HK Futures and Options:

　　For Hang Seng Index Futures, the commission fee is $30 per contract per side for day trades and $50 per contract per side for overnight trades. Additionally, traders are charged an SFC Levy of $0.54 per contract per side, an Exchange Fee of $10 per contract per side, and a Cash Settlement/Exercise Fee of $10 per contract per side.

　　For Hang Seng Index Options, commission fees vary based on the premium amount. Day trades incur a commission of 1% of the premium (Min. $40, Max $100) per contract per side, while overnight trades incur the same commission rate. Traders are also subject to an SFC Levy of $0.10 per contract per side, an Exchange Fee of $3.5 per contract per side, and a Cash Settlement/Exercise Fee of $3.5 per contract per side.

Fee Type	Amount
Commission Fee	0.25% of transaction amount (minimum HK$100)
Stamp Duty	0.1% of transaction amount (rounded up to nearest dollar)
SFC Transaction Levy	0.0027% of transaction amount
HKEX Trading Fee	0.00565% of transaction amount
CCASS Fee	0.005% of transaction amount (min HK$5, max HK$200)
FRC Transaction Levy	0.00015% of transaction amount
Hang Seng Index Futures - Commission Day Trade	$30 per contract per side
Hang Seng Index Futures - Commission Overnight	$50 per contract per side
Hang Seng Index Options - Commission Day Trade	1% of Premium (Min. $40, Max $100) per contract per side
Hang Seng Index Options - Commission Overnight	1% of Premium (Min. $40, Max $100) per contract per side


• Margin Interest Rate

　　Huajin Securities offers a margin interest rate of 8.6%, providing investors with the opportunity to leverage their investments.



Huajin Securities App Review

• App view

　　Huajin Securities offers a range of versatile trading apps, including You+ Finance app (Android), Huajin Securities Huidian Options and Joaquin Flush (Android).

　　The You+ Finance app (Android) offers market updates adhering to the new regulations of the Shanghai-Shenzhen-Hong Kong Stock Connect. It also facilitates adjustments in displaying private placement products and supports user account cancellation. To download, visit the Google Play Store, search for “You+ Finance,” and click on the download button.

　　Huajin Securities Huidian Options is a mobile app for online options trading, integrating market information and trading functions. With a software size of 46.6MB, it provides investors with market display, T-type quotation, contract screening, and trading features. To download, visit the Google Play Store, search for “Huajin Securities Huidian Options,” and click on the download button.

　　Joaquin Flush (Android) features disclosure of APP filing information as required by the Ministry of Industry and Information Technology. To download, visit the Google Play Store, search for “Joaquin Flush,” and click on the download button.


• Trading platform

　　Huajin offers a variety of powerful apps and software to meet different trading needs, including: Huajin Tonghuashun Market Entrustment Software, Huajin Tongdaxin Market Entrustment Software, Huajin Huidian Options Trading Software, Huajin Tonghuashun independent entrustment software and Huajin Huidian Options Trading Software (Simulated Trading)

　　The Huajin Tonghuashun Market Entrustment Software offers a suite of trading functionalities. It facilitates various trading activities, including ordinary transactions, margin trading, Hong Kong Stock Connect, new stock subscriptions, and more. The platform provides real-time market information and supports regulatory requirements, such as IPv6 connection access and suitability checks for convertible bonds. It boasts compatibility with multiple Windows operating systems and emphasizes enhanced market transparency and accessibility.



　　The Huajin Huidian Options Trading Software serves to stockholders of Huajin Securities, offering access to market information and trading functionalities for securities and options products. With support for ordinary trading and stock option trading, it provides users with a versatile trading experience. The platform emphasizes user experience optimization and performance enhancements, ensuring smooth navigation and efficient execution of trades. Additionally, it complies with regulatory requirements, including IPv6 connection access and domestic password transformation, to maintain transparency and security in trading operations.



　　The Huajin Tonghuashun independent entrustment software is a versatile client offering a range of trading services, including ordinary transactions, margin trading, stock transfers, and options trading. It supports various business modules, such as option entrustment splitting and PC cash treasure. The platform adheres to regulatory requirements, including those for convertible bond traceability and IPv6 connection access, ensuring compliance and security in trading activities. Furthermore, it provides access to new bond market transactions across multiple stock exchanges, enhancing market participation and liquidity.

　　Lastly, the Huajin Huidian Options Trading Software (Simulated Trading) serves as a tool for customers engaging in stock option simulation transactions. It provides a risk-free environment for users to practice trading strategies and familiarize themselves with the platform's features without the commitment of real transactions.

Research & Education

　　Huajin Securities offers a wide range of educational resources, covering topics such as anti-money laundering, brokerage business investor education, anti-crime measures, and investor education for asset management. These resources empower investors with knowledge and insights to make informed decisions in the financial markets.



Customer Service

　　Huajin Securities provides customer support through various channels.

　　Clients can reach them via the company switchboard at 021-20655588 or the customer service hotline at 956011. Support is available during regular business hours. For inquiries or assistance, customers can also contact them via email at hjzq@huajinsc.cn or through fax at 021-20655577.



Conclusion

　　In conclusion, while Huajin Securities offers competitive margin interest rates, a regulated framework, and a variety of customer support options, it faces limitations such as a limited range of tradable securities and potentially less competitive commission fees.

　　These drawbacks impact its appeal to more experienced traders seeking lower transaction costs. However, for novice investors looking for a trustworthy platform with reliable research services and convenient mobile app accessibility, Huajin Securities could be a suitable choice.

FAQs

• Is it safe to trade on Huajin Securities？
• Huajin Securities prioritizes security by adhering to regulatory standards and employing advanced encryption technologies to safeguard user data and transactions.
• Is Huajin Securities a good platform for beginners？
• Yes, Huajin Securities offers a user-friendly interface, educational resources, and customer support options tailored to beginners' needs, making it an ideal starting point for novice investors.
• Is Huajin Securities legit？
• Yes, Huajin Securities is a legitimate brokerage firm regulated by the appropriate authorities, ensuring compliance with industry standards and investor protection measures.

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.