Aristo

Aristo
WikiStocks Rating	⭐⭐⭐
Fees	Commissions:-via Internet and Mobile App 0.08% on transaction amount(Minimum: $5)-via Phone:0.25% on transaction amount (Minimum: $150 )
Interests on uninvested cash	3.44%
Mutual Funds Offered	Yes
Platform/APP	Aristo Online Trading Platform(PC,Android,IOS)
Promotion	N/A

Aristo Information

　　Aristo is a brokerage platform that offers competitive commission rates, notably 0.08% for transactions made through its Internet and mobile app with a minimum fee of $5, and 0.25% for phone transactions with a $150 minimum.

　　It provides a user-friendly trading app available on PC, Android, and iOS, meeting various types of traders and supporting mutual funds trading.

　　However, a notable drawback is the absence of promotional offers, which might limit its appeal to new or potential clients.

Pros & Cons

　　Pros:

　　Aristo is regulated by the Securities and Futures Commission (SFC), ensuring a secure trading environment. It features a unique trading app, the Aristo APP, which enhances the trading experience across multiple devices. The platform offers low commission rates at 0.08% per trade, making it cost-effective for traders.

　　Additionally, Aristo provides diverse account options, including individual, joint, and corporate accounts, meeting a wide range of financial needs and preferences.

　　Cons:

　　One significant limitation of Aristo is that it offers only one method of deposit, via bank transferring, which may not be convenient for all users. Additionally, it imposes a transaction fee of 0.0005%, which adds to the trading costs, potentially affecting the overall profitability for traders.

Is Aristo Safe？

　　Regulations:

　　Aristo is regulated by the Securities and Futures Commission (SFC) of Hong Kong under License No. BDH167. As a regulated entity, Aristo adheres to the stringent standards and regulations enforced by the SFC, which bolsters its credibility and reliability as a brokerage firm.

　　Funds Safety:

　　Aristo, in compliance with regulations set by the Securities and Futures Commission (SFC) of Hong Kong, ensures the safety of client funds through rigorous measures. The requirement for clients to use a cheque with a minimum amount of HK$10,000 for account opening by mail is an example of the stringent controls Aristo implements to safeguard client assets and verify identities, further ensuring financial security.

　　Safety Measures:

　　Aristo employs various safety measures to protect the security of funds and the privacy of user information. This includes the use of advanced encryption technologies to secure online transactions and communications.

　　Furthermore, Aristo likely implements multiple layers of security protocols to prevent unauthorized access and data breaches, ensuring that both client funds and personal data are adequately protected against potential threats.

What are securities to trade with Aristo？

　　With Aristo, clients have access to a wide range of trading securities, ensuring diverse investment opportunities. These include:

• 　　IPOs: Aristo offers clients the ability to participate in Initial Public Offerings, providing a chance to invest in companies at the ground level.

• 　　IPO Grey Market: Before the official listing, clients can trade shares of IPOs in the grey market, which allows trading based on speculated prices before they are available on the main stock exchange.

• 　　Stock: This feature enables clients to trade stocks listed on both the Hong Kong and mainland Chinese stock exchanges, expanding the geographical diversity of investment options.

• 　　Advanced Warrant Trading: Aristo provides opportunities to trade advanced warrants, which are instruments that increase the potential for high returns due to their leverage effect.

Aristo Account Review

　　Individual/Joint Accounts: Aristo offers both individual and joint account options for personal investors. These accounts can be opened either in person or by mail, requiring standard identification and proof of address.

　　Corporate Accounts: Tailored for businesses, Aristo's corporate accounts necessitate more documentation, including corporate governance and proof of business operations. These accounts are suitable for companies incorporated both in Hong Kong and overseas.

Aristo Fee Review

　　Trading Commissions:

• 　　Internet and Mobile App: 0.08% of the transaction amount (Minimum: $5 per order); negotiable for accounts managed by a designated executive.

• 　　Phone Orders: 0.25% of the transaction amount (Minimum: $150 per order); negotiable for accounts managed by a designated executive.

• 　　Grey Market Trading: 0.15% of the transaction amount (Minimum: $100 per order).

　　Monthly Stocks Investment Plan:

• 　　Handling Fee: Waived during the promotional period.

　　Transaction Fees (Hong Kong Shares):

• 　　Stamp Duty: 0.1% on order consideration (rounded up to the nearest dollar).

• 　　Trading Fee: 0.00565% per side of the transaction.

• 　　Transaction Levy: 0.0027% per side of the transaction.

• 　　Settlement Fee: Maximum 0.0025% on consideration (Minimum: HKD 2, Maximum: HKD 200).

• 　　AFRC Transaction Levy: 0.00015% per side of the transaction.

• 　　TSF Settlement Fee: 0.15% on consideration plus HKD 2 per transaction.

• 　　Inter-counter Transfer Fee: HKD 5 per transaction.

　　Transaction Fees (Stock Connect Shares):

• 　　Handling Fee: 0.00341% on the transaction consideration per side.

• 　　Securities Management Fee: 0.002% on the transaction consideration per side.

• 　　Transfer Fee: 0.001% on the transaction consideration per side (charged by ChinaClear and HKSCC).

• 　　Stamp Duty (SAT): 0.05% on the selling consideration.

　　Shares Deposit & Withdrawal Fees:

• 　　Custody Fee: Free.

• 　　Physical Scrip Deposit: HKD 5 stamp duty per transfer deed.

• 　　Physical Scrip Withdrawal: HKD 5 per transfer deed (Minimum: HKD 30, Maximum: HKD 100).

　　IPO Application Fee:

• 　　Placing Subscription: $300.

• 　　eIPO Subscription: $10.

• 　　IPO Financing Handling Fee: $150.

　　Securities/Contract Expiration Fees:

• 　　Exercise Fees for Warrants: HKD 5 per transaction.

• 　　CBBC Mandatory Call/Expiry: No cash value: Free; With cash value: HKD 5 per transaction.

　　Distribution Fees:

• 　　Collection of Dividend or Cash Distribution: 0.5% of cash amount of dividend (Minimum: $20, Maximum: $200).

• 　　Collection of Scrip Dividend: HKD 5 per board lot (Minimum: HKD 20, Maximum: HKD 100).

　　Corporate Action Fees:

• 　　Preferential Subscription: HKD 1 per board lot (Minimum: HKD 5, Maximum: HKD 100).

• 　　Share Consolidation/Subdivision: HKD 5 per board lot (Minimum: HKD 20, Maximum: HKD 100).

• 　　Acquisition/Privatization: HKD 5 per board lot (Minimum: HKD 20, Maximum: HKD 100).

　　Other Charges:

• 　　Quotation Charges: Varies from HKD 18 per 100 times for Market Depth Snap Shot to HKD 388 per month for Streaming.

• 　　Short Selling (Compulsory buy back): 0.5% on securities value on settlement day (Maximum: HKD 100,000).

• 　　Audit Confirmation: HKD 300 per time.

• 　　Overdue Interest in Cash Account: Prime rate +7% per annum.

　　See specific fee structure in:https://www.aristo.hk/tradeui/ChargeAndCommission

Aristo Trading Platform Review

　　Aristo provides a robust trading platform that meets to both web and mobile users, facilitating trades across Hong Kong and Stock Connect shares.

　　The platform is designed for ease of use, allowing clients to execute orders via the internet, mobile apps, or through phone-based transactions.

　　It supports advanced features like Grey Market trading and a Monthly Stocks Investment Plan, alongside fee structures that accommodate various trading strategies.

　　The platform's integration with multiple transaction types and its adaptability to user preferences make it an effective tool for traders looking for flexibility and performance in their trading activities.

Customer Service

　　Aristo offers customer support through multiple channels to accommodate its clients. Customers can reach out via email at cs@aristo.hk or contact their customer hotline at +852 5313 9888 for Hong Kong and +86 150 1253 9888 for Mainland China.

　　Additionally, they can send faxes to +852 3622 1488. The customer service office is located at Room B, 11/F, Golden Star Building, 22 Lockhart Road, Wan Chai, Hong Kong, and is open from 9:00 am to 5:30 pm, Monday through Friday, closing on weekends and public holidays.

Conclusion

　　Aristo Securities Limited is a dynamic brokerage firm based in Hong Kong, offering a versatile trading platform suitable for both internet and mobile app users, as well as traditional phone-based trading.

　　The firm provides competitive trading conditions with a variety of fee structures tailored to different trading strategies and market conditions. It supports a wide range of securities, including Hong Kong stocks, Stock Connect shares, and IPOs.

　　Aristo is dedicated to enhancing client experiences with accessible customer support and account management options.

FAQs

　　1. What trading platforms does Aristo offer？

• 　　Aristo offers an advanced trading platform that can be accessed via the internet, mobile apps, and through phone-based trading, satisfying various trading preferences.

　　2. How can I contact Aristo customer support？

• 　　You can contact Aristo's customer support via email at cs@aristo.hk, by phone at +852 5313 9888 for Hong Kong or +86 150 1253 9888 for Mainland China, or by fax at +852 3622 1488.

　　3. What types of accounts can I open with Aristo？

• 　　Aristo provides options for both individual/joint accounts and corporate accounts, with detailed requirements and support for both local and overseas clients.

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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.