华鑫证券

What is CHINA FORTUNE SECURITIES？

　　CHINA FORTUNE SECURITIES is a leading online brokerage firm based in China. As one of the largest securities companies in the country, CHINA FORTUNE SECURITIES(华鑫证券) provides services that include Securities Lending Fully Paid, Margin Loans, Annuities, Bonds & Fixed Income, Futures, Investment Advisory Services, Options, Stocks, ETFs, Mutual Funds. CHINA FORTUNE SECURITIES offers a powerful trading platform and a diverse range of trading services across multiple devices including iOS, Android, and Windows. It offers many advantages for investors, such as a long history and a strong reputation in the Chinese market. The platform is very user-friendly and allows access to multiple exchanges. However, its account minimums are relatively high compared to other brokers.

Pros and Cons of CHINA FORTUNE SECURITIES

　　CHINA FORTUNE SECURITIES offers many advantages for investors. It has a long history and a strong reputation in the Chinese market. The platform is very user-friendly and allows access to multiple exchanges. Commission fees are also highly competitive. However, the account minimums are relatively high compared to other brokers. The research tools and educational materials could also be more extensive.

Is CHINA FORTUNE SECURITIES safe？

　　Yes, safety and security are top priorities for CHINA FORTUNE SECURITIES. It is registered with the China Securities Regulatory Commission and follows all regulatory requirements. CHINA FORTUNE SECURITIES is a wholly-owned subsidiary of Shanghai Huaxin Co., Ltd. (stock code: 600621), an A-share listed company controlled by Shanghai Yidian (Group) Co., Ltd. The broker uses advanced encryption technologies and authentication methods to protect customer accounts and data. Funds are also segregated from the company's operational accounts. CHINA FORTUNE SECURITIES has never experienced any major hacking incidents or data breaches.

What are securities to trade with CHINA FORTUNE SECURITIES？

　　CHINA FORTUNE SECURITIES is a full-service brokerage firm based in China that provides securities brokerage, wealth management, and investment banking services. Some of the main securities and products that customers can trade through CHINA FORTUNE SECURITIES include Securities Lending Fully Paid, Margin Loans, Annuities, Bonds & Fixed Income, Futures, Investment Advisory Services, Options, Stocks, ETFs, and Mutual Funds. The brokerage provides access to over 6,000 stocks spanning all major sectors of the Chinese economy. Users can also trade global securities through interchange programs with other international brokers.

• 　　Stocks: China Fortune Securities offers trading in stocks and equities listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange. This includes both large-cap stocks of Chinese companies as well as small/mid-cap stocks.

• 　　Funds: The brokerage provides access to invest in a wide range of mutual funds, money market funds, exchange-traded funds (ETFs), and hedge funds. This gives customers exposure to different asset classes.

• 　　Bonds: Customers can purchase and trade various bond instruments like government bonds, corporate bonds, and financial bonds issued by Chinese corporations and financial institutions.

• 　　Derivatives: Derivative products like stock options, stock index futures, and commodity futures are also available for trading via the China Fortune Securities platform.

• 　　IPO subscriptions: The brokerage assists clients in subscribing to the popular new listings of companies launching initial public offerings (IPOs) on Chinese stock exchanges.

　　Intelligent stock recommendations:

　　This product recommends potential stock options in real-time by analyzing users' trading habits and personal risk preferences. It also gives stock ratings and reasons for changes, and users can choose according to their own circumstances.

　　Regular dividend plan: For long-term stock-holding users, we provide products with different periods (such as 3 months, 6 months, etc.), and transfer the income to investors on a quarterly or annual basis during the product period to achieve annualized returns on stock investments.

　　Wealth Expert Services: We provide stock portfolio management services to high-net-worth customers, with professional traders establishing and adjusting stock portfolios according to customer needs to maximize returns. The fee is calculated annually based on the portfolio size.

　　Securities installment payment: The installment payment method is supported for stock transactions. Users can pay transaction funds in 3-6 installments with low interest rates, reducing temporary financial pressure.

　　This covers some of the main securities and investment products that retail and institutional investors can trade using the brokerage services of CHINA FORTUNE SECURITIES. The brokerage aims to offer a one-stop platform for customers' investment and trading needs.

CHINA FORTUNE SECURITIES Accounts

　　Individual account: Suitable for individual investors to open, need to provide personal identification such as a passport or ID card copy.

　　Tips: Foreign investors need to check whether the securities regulatory authorities of their country (region) have established a regulatory cooperation mechanism with the China Securities Regulatory Commission. Account opening procedures will not be processed for countries (regions) that have not yet established a regulatory cooperation mechanism with the China Securities Regulatory Commission.

　　Corporate account: Suitable for companies or enterprises to open, need to provide a company registration certificate and authorized person registration power of attorney copy.

　　Tips: If the institution is unable to bring the corporate seal due to its requirements, please contact the branch where the account is opened to resolve the relevant issues.

　　CHINA FORTUNE SECURITIES does not require any fees to open an account. Commissions and other fees are only charged when transactions are made. However, opening an account itself is a free service. It supports natural persons to open accounts online by themselves through the mobile app and also supports various entities to open accounts in person at the company's business hall.

CHINA FORTUNE SECURITIES Fees Review

　　In terms of fees, CHINA FORTUNE SECURITIES charges low brokerage commissions. There are no monthly or annual account fees. Additionally, users may benefit from reduced rates during promotional events. Overall, fees are reasonable compared to peers but depend on the account type and trading frequency.

　　Commissions and Fees：

　　Stock trading commission: 0.03%, minimum handling fee 20 yuan/lot

　　Options trading commission: 0.01% to 0.08%

　　Fund sales service fee: The fee standards for different fund products are different, generally around 0.5%

　　Wealth management service annual fee: The fee standard depends on the management scale, generally 1% for less than 100,000, 0.8% for more than 20,000 and less than 100,000, and 0.5% for more than 100,000

　　Margin Interest Rate：

　　Ordinary stock pledge loan annualized interest rate: adjusted once a month before and after the Golden Week, historical level 8%-14%

　　GEM stock pledge loan annualized interest rate: 3% points above other stock pledge interest rates

　　Asset management plan interest rate: depends on the strategy and term of each product, generally 3%-5% annualized

　　Equity investment plan interest rate: generally no interest is charged, and management fees are charged for the excess

　　The stock trading commission is 0.3% of the transaction amount, with a minimum handling fee of 5 yuan. The commission for Hong Kong Stock Connect is 0.3%. The commission for fund trading (ETF, closed-end fund, etc.) is 0.3%, starting from 5 yuan. The commission for ETF subscriptions and redemption is 0.2%. The commission for options trading is 10 yuan/share for Shenzhen Stock Exchange underlying stocks and 12 yuan/share for Shanghai Stock Exchange underlying stocks.

　　The commission for bond trading is 0.02%, starting from 1 yuan. Convertible bonds are 0.02-0.1%, and stock repurchases are 0.001-0.03%. Stamp duty is charged at 0.5‰ of the selling transaction amount, and is free of charge for buying. The transfer fee is charged at 0.01‰ of the transaction amount in both directions. The commission includes various fees but does not include stamp duty, transfer fees, etc， which need to be charged separately. Investors can negotiate the transaction commission rate with the branch where they open an account, otherwise, it will be implemented according to public standards. The rate does not distinguish between the entrustment method or the nature of the account.

CHINA FORTUNE SECURITIES App Review

　　Mobile software:

　　 Xin e-Generation APP: It is a mobile client developed by CHINA FORTUNE SECURITIES for customers. It supports iOS and Android versions and integrates one-stop financial services such as securities account opening, trading, and financial management.

　　Starway: It is a professional trading terminal developed by CHINA FORTUNE SECURITIES and N Vision Financial Technology. It supports full-market trading of stocks, futures, options, and margin trading. The market is fast and stable, the operation is simple, and it supports AI strategy stock selection, intelligent arbitrage, and other functions.

　　In addition, CHINA FORTUNE SECURITIES also has PC software such asXin Zhihui Professional Edition I (TongDaXin version), China Fortune Securities Financial Terminal (TongHuaShun version), and Polar Star Trading Terminal, and so on. There is more PC software that you can check and download on their official website.

Research and Education

　　Extensive fundamental data, technical indicators, news, and educational resources are built into the CHINA FORTUNE SECURITIES platform. Regular webinars and one-on-one sessions with experts are also conducted. However, the broker could expand its beginner tutorials and paper trading demo accounts.

　　Educational and analytical resources:

• 　　Provides fundamental data, technical indicators, and news on the platform.

• 　　Offers webinars and sessions with experts to help traders.

• 　　More extensive tutorials and paper trading are needed, especially for beginners.

　　Third-party research:

• 　　Incorporates some externally sourced research reports and analysis.

• 　　The selection and depth could be widened, as most resources are internally produced.

• 　　Access to esteemed third-party providers may enhance due diligence capabilities.

　　In summary, while CHINA FORTUNE SECURITIES provides basic educational materials, both the breadth and reliance on third parties could be improved to better serve sophisticated or international clients.

Customer Service

　　CHINA FORTUNE SECURITIES customer support is available 24/7 via phone, email, online chat, and more. Response times are generally good with issues mostly resolved promptly. However, language barriers may be a concern for non-Chinese speakers. Overall, service quality meets industry standards.

　　Specific customer support methods are:

　　Customer service phone: 95323

　　Online consultation: Click online consultation on the website for consultation

　　Call customer service phone: You can directly call 4001099918, 4001099918 for a consultation

　　WeChat customer service: Follow the official account “华鑫证券” and click the customer service button in the upper right corner for consultation

　　Accepting complaints: You can go to the branch counter to make complaints or call 95323 to accept complaints

　　Customer service center operating hours:

　　Customer service phone service time: 8:30-16:30 on trading days

　　Online consultation service time: 24 hours online all-day

　　WeChat customer service time: 24 hours online all-day

　　Branch acceptance time: local agency-specific time, generally 8:30-16:30 on trading days

　　However, while different access points exist, language barriers may affect timely problem-solving for non-Chinese queries outside local business hours. Overall though, an array of help channels are maintained throughout all trading days and times.

Conclusion

　　In conclusion, CHINA FORTUNE SECURITIES is a full-service broker well-suited for active traders due to its low costs and powerful platform. With its strong reputation and wide assortment of tradable products, it remains one of the top choices for Chinese investors.

FAQs

　　Is trading on China Fortune Securities safe？

　　Yes, safety and security are top priorities. It is regulated by the China Securities Regulatory Commission and uses strong encryption and authentication methods to protect funds and data. No major incidents have been reported so far.

　　Is China Fortune Securities a good platform for beginners？

　　While it offers basic educational resources, more extensive tutorials, and demo trading could better prepare newbies. Currently, experienced users are better supported.

　　Is China Fortune Securities suitable for investment？

　　It allows access to the massive Chinese market. However international clients have limited options. Active traders benefit most from low costs, while long-term investors may find limited research holding them back. Suitability depends on goals and experience.

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 a total loss of invested funds, so comprehending associated risks before engaging is crucial.