Zundiao Securities Company Limited ("Zundiao Securities" or "the Company") is a local financial institution. It is an exchange participant of the Stock Exchange of Hong Kong Limited (Broker No. 6148) and a Licensed Corporation (CE No. BMR631) with the Securities and Futures Commission in respect of carrying out the regulated activity of Dealing in Securities (Type 1). The company provides local securities trading services, it is able to assist clients to place orders and invest in timely manner leveraging the comprehensive, reliable and convenient electronic trading platforms. At the same time, Zundiao Securities plans to participate in local capital markets, taking part in new shares underwriting and placing projects, with the aim to offer the best investment opportunities for issuers and investors.
Note: The information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
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What is Zundiao Securities?
Zundiao Securities is a distinguished financial services firm regulated by the Securities and Futures Commission (SFC). It offers a comprehensive suite of services, including local securities trading, account management, reliable settlement procedures, and the collection of dividends and bonus shares.
Clients can also benefit from support with IPO subscriptions, rights issues, and the exercise of stock options and warrants with advanced tools like the Zundiao Trader app and a transparent fee structure.
Pros & Cons
Pros Regulated by SFC: Zundiao Securities is regulated by the SFC (license No. BMR631), ensuring compliance with stringent standards to protect investors and maintain market integrity.
Comprehensive Financial Services: Offers a wide range of financial services including local securities trading, account management, IPO subscriptions, and more.
Transparent Fee Structure: Provides a transparent fee structure with no minimum deposit requirement, competitive trading commissions, and clear breakdown of additional fees such as stamp duty, trading fees, and transaction levies.
Zundiao Trader Mobile App: Zundiao Trader offers a user-friendly mobile app for seamless trading, portfolio management, and real-time market data access.
Comprehensive Customer Support: Comprehensive customer support through multiple channels including hotline and office contact.
Cons No Promotions Available: The absence of promotions or incentives for new clients can make the brokerage less attractive compared to competitors who offer bonuses or reduced fees as part of promotional campaigns.
Is Zundiao Securities Safe?
Zundiao Securities is regulated by the oversight of the oversight of the Securities and Futures Commission (SFC), holding license No. BMR631. This regulatory framework ensures that the company adheres to stringent standards designed to protect investors and maintain the integrity of the financial market. By adhering to the regulations, Zundiao Securities ensures that its operations are conducted with the utmost professionalism and accountability, instilling confidence in its clients and stakeholders.
What are Securities to Trade with Zundiao Securities?
Zundiao Securities provides a comprehensive suite of financial services designed to meet the diverse needs of investors.
Their offerings include local securities trading, ensuring clients can easily buy and sell stocks within the domestic market. The firm also provides robust account management services, ensuring each client's portfolio is meticulously overseen. Reliable settlement procedures are in place to guarantee prompt and accurate transaction completions.
Zundiao Securities manages the collection of cash dividends and bonus shares or warrants, allowing investors to effortlessly benefit from their investments. The firm supports clients through IPO subscriptions, rights issue subscriptions, and the exercise of stock options or warrants, facilitating access to new and expanding investment opportunities.
Additionally, they handle shares consolidation and splitting, ensuring that any changes to share structures are seamlessly executed. As a trusted shares custodian, Zundiao Securities safeguards clients' assets with the highest level of security and professionalism.
Zundiao Securities Accounts
Zundiao Securities provides a variety of account options.
For individual investors, the firm offers both Individual and Joint Accounts, allowing for flexible management of personal and shared investments. These accounts are designed to provide easy access to a wide range of financial products and trading opportunities across global markets.
For businesses, Zundiao Securities offers Corporate Accounts, enabling companies to manage their investment portfolios efficiently and take advantage of specialized services tailored to corporate needs.
Zundiao Securities Fees Review
Zundiao Securities offers a transparent and competitive fee structure. There is no minimum deposit requirement for opening an account, making it accessible to all investors.
Trading commission Trading commissions for orders placed via the internet are set at 0.25% of the transaction amount, while phone orders also incur a 0.25% fee but with a minimum charge of $150 per order, which is negotiable for accounts managed by a designated account executive.
Transaction Fees (Hong Kong Shares) For advanced trading strategies like VWAP and TWAP, the fee is 0.05% via the internet, with a $150 minimum per order, and 0.25% via phone. Additional costs include a 0.1% stamp duty on order consideration, rounded up to the nearest dollar, a trading fee of 0.005%, a transaction levy of 0.0027%, and a settlement fee of 0.002% with a minimum of HKD 2. Trading tariffs are set at HK$0.5 per transaction, and there is no TSF settlement fee, which is negotiable for certain accounts. The inter-counter transfer fee is HK$5 per transaction, and the FRC transaction levy is 0.00015% on order consideration.
Zundiao Securities App Review
Zundiao Securities proudly offers Zundiao Trader, a cutting-edge mobile application designed to empower investors with seamless access to the financial markets.
Zundiao Trader provides a user-friendly interface that allows clients to execute local securities trades effortlessly, manage their portfolios, and stay updated with real-time market data. The app features advanced tools for in-depth analysis, helping users make informed investment decisions. With secure login protocols and reliable transaction processing, Zundiao Trader ensures that every trade is conducted with the utmost security and efficiency.
Additionally, the app facilitates easy collection of cash dividends, bonus shares, and warrants, along with features to participate in IPO subscriptions, rights issues, and exercise of stock options.
Customer Service
Zundiao Securities provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.
Customer Service Hotline: +852 3184 0689
Fax: +852 3101 4689
Office Hours: 9:00am to 5:30pm (Mon – Fri); Close on Saturday, Sunday and public holiday
Address: Office Suites 2112-13, 21st Floor, Shui On Centre, 6-8 Harbour Road, Wanchai, Hong Kong
Conclusion
In conclusion, Zundiao Securities stands out as a reputable brokerage firm regulated by SFC, ensuring adherence to stringent standards that prioritize investor protection and market integrity. The firm offers a comprehensive array of financial services with transparent fee structure and Zundiao Trader platform. Now, the ball's in your court when it comes to choosing whether to go with this broker or explore other options. Hopefully, this review has shed some light on your decision-making process.
FAQs
Is Zundiao Securities suitable for beginners?
Yes, Zundiao Securities is suitable for beginners due to its user-friendly platform, transparent fee structure, and comprehensive customer support.
Is Zundiao Securities legit?
Yes, Zundiao Securities is regulated by SFC.
What financial services does Zundiao Securities offer?
Zundiao Securities provides Local securities trading, Account management, IPO subscriptions, Rights issue subscriptions, Exercise of stock options/warrants, Shares consolidation/splitting, and Shares custodian services.
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.