东海证券

Donghai Securities
WikiStock Rating	⭐⭐⭐⭐
Account Minimum	Not mentioned
Fees	Commission 3‰ of the transaction amount
Account Fees	5 yuan opening fee
Interests on Uninvested Cash	Not mentioned
Margin Interest Rates	Not mentioned
Mutual Funds Offered	Yes
App/Platform	Donghaitong app, Tonghuashun app, Qiquanbao app
Promotions	Yes

What is Donghai Securities？

　　Donghai Securities is brokerage firm offering various financial services, including:

• 　　Securities trading: This likely involves buying and selling individual stocks and other securities.

• 　　Financing advisory: They might provide advice and assistance to companies seeking financing.

• 　　Margin trading: This allows investors to borrow money from the firm to purchase securities, potentially amplifying gains (and losses).

Pros & Cons of Donghai Securities

　　Formal regulation: Donghai Securities is regulated by the China Securities Regulatory Commission.

　　Broad product range: Donghai Securities provides access to a diverse range of investment products and services, including equity, fixed income, bonds, stocks, ETFs, and mutual funds.

　　Competitive fees: Depending on the product or service, Donghai Securities offers competitive fee structures. Its commission is 3‰ of the transaction amount.

　　Rich educational resources: Donghai securities provides Securities Institute with abundant resources including online lessons, educational exhibitions.

　　No 24/7 support: Unlike some competitors, Donghai Securities does not offer 24/7 customer service support. Their manual service hours are from 9:00 to 21:00.

Is Donghai Securities Safe？

　　Regulation

　　Donghai Securities is regulated by the China Securities Regulatory Commission (CSRC). This is a positive factor, as the CSRC is a well-established financial regulatory body responsible for overseeing securities markets and protecting investors in China. Having oversight from a recognized regulatory body can provide a level of assurance regarding Donghai's adherence to financial regulations and investor protection measures.

What are Securities to Trade with Donghai Securities？

　　Donghai Securities offers a diverse range of investment products. Their selection includes traditional investment options like stocks, ETFs, and mutual funds. Customers can also trade fixed income products like bonds, and explore alternative investments such as private placements and funds-of-funds (FOFs). For those seeking leverage, they offer margin loans, and for those interested in derivatives, they provide access to futures and options contracts.

Donghai Securities Accounts

　　Donghai Securities Account types include: one code pass account, shareholder account, and fund account.

　　One code pass account： As the total securities account to record the securities held by investors and the overall changes, the one code pass account is related to the sub-accounts of securities such as Shanghai A and Shenzhen A held by a single customer.

　　Shareholder account: The shareholder account refers to the account book set up by the securities registration and settlement institution for investors under the One Code Pass account, which is used to accurately record the types, names, quantities, and corresponding rights and interests and changes of the securities held by investors. It is an important certificate for identifying the identity of shareholders, has the legal effect of proof of the identity of shareholders, and is also a prerequisite for investors to conduct securities transactions.

　　Fund account: A fund account refers to an account established by a registered registrant for the purpose of managing and recording the changes in the type and quantity of the funds registered by the registered registrant.

Donghai Securities Fees Review

• 　　Commissions and Fees

　　Donghai Securities charges a minimal account opening fee of 5 yuan for opening a securities investment fund account in either Shanghai or Shenzhen. It's important to note that Donghai Securities offers the benefit of free account opening for OTC fund accounts.

　　Trading commission is the brokerage for investors to buy and sell securities according to the amount of the transaction fee calculation, buying and selling charge. The commission shall not exceed 3‰ of the transaction amount, with a starting point of 5 yuan. The specific commission is set by the opening account business branch, customers can contact the branch for consultation.

• 　　Annual Interest Rate

　　Donghai Securities is currently financing at an annual interest rate of 8.6%. For details, customers can contact the account opening office for consultation. The calculation formula is: financing interest = financing amount × financing interest rate × actual financing days /360.

Donghai Securities App Review

　　Donghai Securities offers mobile applications to provide convenient access to their platform. Here's a breakdown of the potential apps available:

• 　　Donghaitong App (Android): This app is Donghai Securities' primary mobile platform, allowing users with Android devices to trade, manage their accounts, and access investment resources.

• 　　Tonghuashun App (iOS & Android): This app is a third-party financial application compatible with both iOS and Android devices.

• 　　Qiquanbao App (Android): Similar to Tonghuashun, Qiquanbao is another third-party financial app compatible with Android devices.

Research & Education

　　Donghai Securities is committed to investor education by offering a variety of resources through their Securities Institute. Here's a breakdown of what they offer:

• 　　Online Lessons: This includes a library of pre-recorded videos or live webinars covering topics like fundamental and technical analysis, different investment strategies, and navigating the Chinese securities market.

• 　　Investor Home: This section is a dedicated resource center for current investors, providing ongoing education, market updates, and insights to help them make informed investment decisions.

• 　　Future Investors: This is geared towards those new to investing, offering introductory courses on financial markets, basic investment concepts, and risk management principles.

• 　　Educational Exhibition: Donghai Securities organizes or participates in educational exhibitions where they showcase their services and provide educational materials directly to investors.

Customer Service

　　Donghai Securities offers several ways for customers to connect with their service team:

• 　　Phone: They have two phone lines: 95531 and 400-8888-588.

• 　　Email: For written inquiries or detailed explanations, customers can send an email to service@longone.com.cn.

• 　　Fax: They provide two separate fax numbers: 021-50498871 for service-related faxes and 021-50588876 for company-related faxes.

• 　　Manual service hours: 9:00-21:00 (except legal holidays)

Conclusion

　　Donghai Securities presents a comprehensive brokerage platform for investors in China. It is regulated by the CSRC, offering a degree of assurance. Donghai Securities provides a diverse product range, including stocks, bonds, ETFs, mutual funds, and derivatives like futures and options. A minimum fee of 5 yuan for opening a securities investment fund account in Shanghai or Shenzhen is competitive. Ultimately, Donghai Securities can be a valuable tool for investors in China.

FAQs

　　Is Donghai Securities safe to trade？

　　Donghai Securities is regulated by the China Securities Regulatory Commission (CSRC), a well-established body. This offers a level of assurance regarding adherence to financial regulations.

　　Is Donghai Securities a good platform for beginners？

　　Donghai Securities has a “Securities Institute” with beginner-friendly educational resources for those new to investing.

　　Is Donghai Securities good for investing/retirement？

　　Donghai Securities offers various products. Customers can consider a balanced approach with a mix of assets and a longer investment horizon for retirement planning.

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.