Astrum

Astrum
WikiStock Rating	⭐⭐⭐
Account Minimum	No requirements
Fees	Commission of 0.25% of transaction amount for HK Stock Trades
Account Fees	N/A
Interests on uninvested cash	N/A
Margin Interest Rates	N/A
Mutual Funds Offered	Yes
App/Platform	Astrum Capital Management Ltd
Promotions	Not available yet

What is Astrum？

　　Astrum Capital Management Limited is a Hong Kong investment firm offering online brokerage, futures trading, and potentially asset management services. They have a mobile app for trading convenience. It operates under stringent regulations established by the Securities and Futures Commission (SFC) in Hong Kong, ensuring compliance with national financial laws and industry standards. However, its limited educational and analytical resources and unclear account fees limit its appeal to customers.

Pros and Cons of Astrum

　　Pros

• 　　Hong Kong Licensed Brokerage: Astrum Capital appears to be a licensed brokerage firm in Hong Kong, indicating a level of regulatory oversight by the SFC (Securities and Futures Commission).

• 　　Diversified Services: The company provides a range of services including securities trading and brokerage, placement and underwriting, corporate finance advisory, financing services, and asset management.

• 　　Mobile App Availability: They likely have a mobile app for trading on the go (details need confirmation).

• 　　Futures Trading: They offer futures trading, which can be a suitable option for experienced investors seeking advanced investment strategies.

　　Cons

• 　　Unknown Educational and Analytical Resources: It is unclear whether Astrum Capital provides educational and analytical resources. While many financial service providers offer such resources, this is an area that potential investors need to clarify.

• 　　Unclear Interest on Uninvested Cash: It's uncertain whether they offer interest on uninvested cash, which could be a disadvantage if you hold significant uninvested funds.

• 　　Unclear Account Fees: There's limited information on potential account maintenance fees or fees associated with different account types.

Is Astrum safe？

Regulations

　　Funds Safety

　　Based on the current information, there is hidden trouble about the funds safety of Astrum Capital Management Limited. Before making investment decisions, investors should thoroughly understand the company's background, business model, and risk profile, and carefully evaluate their own risk tolerance.

　　Safety Measures

　　The company claims that they respect the privacy of vast users, and will not collect the user data without the consent from the users. They undertake not to provide the user E-mail, information and address which are mastered due to the service requirements to any third party without the permission from the users.

What are securities to trade with Astrum？

　　Astrum Capital Management Limited offers trading services for various securities, including ETFs, Stocks, Mutual Funds, Futures and Investment Advisory Service. However, the broker does not provide trading in Bonds or Margin Loans.

• 　　ETFs (Exchange Traded Funds): Investment funds that track the performance of a specific index and are traded on a securities exchange.

• 　　Stocks: Ownership certificates issued by a company to its shareholders, representing their ownership rights and dividend entitlements.

• 　　Mutual Funds: Mutual Funds are investment vehicles that pool money from a group of investors and invest it in various assets such as stocks, bonds, and cash.

• 　　Futures: Futures are standardized financial contracts that enable investors to buy or sell an underlying asset at a predetermined price on a future date. These markets provide risk management and speculative trading opportunities and play a vital role in the modern financial system.

• 　　Securities Lending Fully Paid: A financial transaction where the owner of securities (lender) loans them to another party (borrower) for a fee (usually interest), with the securities being fully collateralized.

　　Furthermore, Astrum Financial Holdings Limited conducts its operations primarily through its operating subsidiary, Astrum Capital, which is licensed to carry out various regulated activities under the Securities and Futures Ordinance, including Type 1 (dealing in securities), Type 2 (dealing in futures contracts), Type 6 (advising on corporate finance), and Type 9 (asset management).

Astrum Fees Review

　　Transaction Fees

• 　　HK Stock Trade

• 　　Commission: 0.25% of the transaction amount

• 　　Minimum commission: HKD 80.00

• 　　Stamp duty: HKD 1.00 per HKD 1,000.00 of stock value (rounded up to the nearest dollar)

• 　　Transaction levy (Collected by SFC): 0.0027% of the transaction amount

• 　　Transaction levy (Collected by FRC): 0.00015% of the transaction amount

• 　　Trading fee: 0.00565% of the transaction amount

• 　　CCASS fee (HK Clearing Min: HKD 3.00 Max: HKD 300.00): 0.01% of the transaction amount

　　Withdrawal of Shares

• 　　Physical

• 　　Handling fee: HKD 60.00 per stock plus HKD 5.00 per board lot (Odd lot is charged as a full board lot)

• 　　Minimum fee: HKD 60.00

• 　　SI

• 　　Handling fee: HKD 60.00 per stock or 0.01% of stock value (based on previous day closing), whichever is higher

• 　　ISI

• 　　Handling fee: HKD 60.00 per stock

　　Deposit of Physical Shares

• 　　Transfer deed stamp duty: HKD 5.00 for each transfer deed (HK Government)

　　Collection of Dividends

• 　　Handling fee: 0.5% of dividend received plus HKD 2.50 per board lot for initial registration (Odd lot is charged as full board lot)

• 　　Minimum fee: HKD 30.00

　　Bonus Shares Collection

• 　　Handling fee: HKD 30.00 plus HKD 2.50 per board lot (Odd lot is charged as a full board lot)

　　Dividend/Bonus Shares Claim

• 　　Handling fee: HKD 500.00 per stock claim

　　Exercise Warrants / Rights

• 　　Handling fee: HKD 30.00 plus scrip fee HKD 2.50 per board lot

　　Share Registration Physical Scrip

• 　　Handling fee: HKD 5.00 plus scrip fee HKD 2.50 per board lot

　　Corporate Actions

• 　　Cash Offer

• 　　Handling fee: HKD 50.00 per stock plus corporate action fee HKD 1.00 per board lot

• 　　Privatisation & Takeover

• 　　Stamp duty: HKD 1.30 per HKD 1,000.00 of stock value

　　IPO Application

• 　　Handling fee: HKD 100.00

　　Bounced Cheque

• 　　Handling fee: HKD 200.00 per cheque plus debit interest

　　Copies of Monthly Statement

• 　　Handling fee: HKD 30.00 per month

　　Annual Service Fee

• 　　No fee if account has trading, holding and balance below HKD 1,000.00 in a year

　　Shanghai & Shenzhen - Hong Kong Stock Connect

• 　　Fees charged by: RMB

• 　　Commission: Charged by the Stock Exchange (percentage varies)

• 　　Handling Fee: 0.00487% of the consideration of an SSE, SZSE transaction per side

• 　　Securities management fee: 0.002% of the consideration of a CSRC transaction per side

• 　　Transfer fee: 0.001% of the consideration of each transaction HKSCC

• 　　0.002% of the consideration of each transaction SAT

• 　　Stamp duty: 0.1% of the consideration of a transaction on the seller

　　Overseas Stock

• 　　Please contact your account executive or customer service for details.

Astrum App Review

　　Astrum Financial Holdings Limited offers a mobile application. It has clearly reminded investors and the public that the companys official mobile app is available from the App Store and Google Play download.

　　Download link: The specific download link is:

• 　　App Store: https://apps.apple.com/hk/app/astrum-capital-managementltd/id1574468588

• 　　Google Play: https://play.google.com/store/apps/details？id=com.popsoft.astrumcapital.camsmobile



Customer Service

　　Astrum is dedicated to providing exceptional customer service and support in various ways:

　　■ Address: Room 2704, 27/F, Tower 1, Admiralty Centre, 18 Harcourt Road, Admiralty, Hong

　　Kong.

　　■ Telephone: (852) 3665 8111

　　■ Fax: (852) 2559 2880, (852) 2559 7800

　　■ Email: info@astrum-capital.com.

　　■ Tickets: You can fill out the ticket below, including your name, email, subject and message.



Conclusion

　　Astrum Capital Management Limited, a Hong Kong-based brokerage firm, offers trading services for various securities, including ETFs, Stocks, Mutual Funds, Futures and Investment Advisory Service and good regulatory conditions. Astrum Capital may be suitable for experienced investors with a high risk tolerance who are seeking diverse financial services and have conducted detailed research on the firm. But its unclear account fee is a drawback to be considered.

FAQs

　　Is Astrum safe to trade？

　　Astrum is registered in Hong Kong and holds a license issued by the Hong Kong Securities and Futures Commission (SFC) with Central Code ALY555. This indicates it is subject to certain regulatory oversight.

　　Is Astrum a good platform for beginners？

　　Due to the risks, complexity, opacity, and investor protection considerations associated with Astrum Capital Management Limited, it may not be a platform suitable for beginners. For beginners, it may be more appropriate to choose an investment platform that is more transparent, easy to understand, and has lower risks.

　　Is Astrum good for investing/retirement？

　　As an investment platform, Astrum provides a wide range of investment services while also facing some compliance and financial transparency challenges. Therefore, when considering Astrum as part of retirement planning, investors should carefully evaluate its compliance, financial condition, risk management 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.