昊天國際金融

Hao Tian Financial
WikiStock Rating	⭐⭐⭐⭐
Account Minimum	N/A
Trading Fees	0.25% commission fee per transaction
Account Related Fees	Not required
Interests on Uninvested Cash	No
Margin Interest Rates	Prime Rate + 4% per annum
Mutual Funds Offered	Yes
App/Platform	Speed Station+
Promotion	No

What is Hao Tian Financial？

　　Hao Tian Financial, based in Hong Kong, offers a range of services including securities trading and asset management. Their tradable securities include stocks, bonds, mutual funds, and ETFs.

　　Commission fees are disclosed, with a general rate of 0.25% per transaction. Established in an undisclosed year, they provide customer support and a mobile trading app. Regulated by the Securities and Futures Commission (SFC), they prioritize security measures to safeguard client assets and transactions.

Pros and Cons

　　Hao Tian Financial boasts regulation by the Securities and Futures Commission (SFC), a vital reassurance of its adherence to regulatory standards, which fosters trust and confidence among investors. Additionally, the platform prioritizes robust security measures, ensuring the safety of client information and transactions. The availability of customer support adds further value, offering assistance and guidance to users when needed. Moreover, Hao Tian Financial provides a mobile trading app, enhancing accessibility and convenience for investors who prefer trading on-the-go.

　　Despite its regulatory oversight, Hao Tian Financial suffers from a limited range of tradable securities, potentially restricting investment options for clients seeking diversification. The absence of educational resources further hampers user experience, as investors lack essential information for informed decision-making. Additionally, while the platform offers customer support, its commission fee, 0.25%, is not as competitive as those of other brokerage firms, potentially deterring cost-conscious investors from utilizing its services.

Is Hao Tian Financial Safe？

• Regulations:

　　Hao Tian Financial holds two securities licenses issued by the Securities and Futures Commission (SFC).

　　These licenses affirm its status as a regulated entity in the financial sector. The first license, the Securities Trading License, bears the identifier ABQ901, while the second license, the Fund Management License, is identified as BHP076.

　　These licenses underscore Hao Tian Financial's compliance with regulatory standards and authorize its operations in securities trading and fund management within the purview of SFC oversight.


• Funds Safety:

　　Hao Tian Financial does not provide information regarding insurance coverage for customer account balances.

• Safety Measures:

　　Hao Tian Financial implements various security measures to safeguard client information and transactions. These include encryption protocols to protect sensitive data during transmission, multi-factor authentication for account access, regular security audits, and compliance with industry standards such as GDPR and PCI DSS. Additionally, they employ intrusion detection systems and firewalls to prevent unauthorized access to their systems.

What are Securities to Trade with Hao Tian Financial？

　　Hao Tian Financial offers a selection of tradable securities to its clients, albeit with a limited range. These include Hongkong stocks, bonds, mutual funds, and exchange-traded funds (ETFs).



Hao Tian Financial Accounts

　　Hao Tian Financial offers a range of account types tailored to different user groups and financial needs.

　　For individuals or joint account holders interested in securities and futures trading, the Individual/Joint Account is suitable. This account type provides access to trading securities and futures products, catering to individual investors seeking to manage their portfolios. Similarly, the Corporate Account is designed for businesses or corporate entities engaged in securities and futures trading, offering features and services tailored to their organizational requirements.

　　On the asset management front, Hao Tian Financial provides both Individual/Joint Account and Company Account options. The Individual/Joint Account for asset management is ideal for individual investors or joint account holders looking to engage in professionally managed investment portfolios. It offers personalized asset management services tailored to individual financial goals and risk profiles. Conversely, the Company Account for asset management caters to corporate entities seeking professional asset management solutions for their financial assets.



Hao Tian Financial Fees Review

• Commissions and Fees

　　A) Securities Trading Charges:

• Commission Charges: A general commission fee of 0.25% of the transaction amount is levied, with a minimum charge of HK$100 per transaction.
• Transaction Fees and Other Transaction Levy: Various fees include Stamp Duty (0.1% of transaction amount), SFC Transaction Levy (0.0027% of transaction amount), HKEX Trading Fee (0.00565% of transaction amount), FRC Transaction Levy (0.00015% of transaction amount), and CCASS Fee (0.002% of transaction amount), with minimum charges ranging from HK$2 to HK$100 per transaction.

　　B) Nominees Services and Corporate Actions Fees:

• Physical Scrip Deposit/Transfer Deed Fee:HK$5 per transfer deed.
• Withdrawal of Physical Scrip: HK$5 per board lot with an additional HK$50 per each stock withdrawal.
• Settlement Instruction (S.I.): Free for deposit and 0.05% of previous market value of each stock transfer out, with a minimum charge of HK$50 per transaction.

　　C) Other Services:

• Cash Account Overdue Interest (p.a.):Prime Rate + 10%.
• Margin Financing Interest (p.a.):Prime Rate + 4%.
• Bank Charges: HK$400 per transaction for CHATS, HK$200 per transaction for telegraph transfer (Mainland/Overseas), and various fees ranging from HK$200 to HK$300 per transaction for services like stop payment and return cheque.

　　Comparing these fees with popular brokers, the commission charges of 0.25% for securities trading fall within the average range. However, some additional fees, such as the SFC Transaction Levy and HKEX Trading Fee, might slightly elevate the overall trading cost.

Fee Type	Amount
General Commission Fee	0.25% of Transaction Amount (Minimum HK$100 per Transaction)
Stamp Duty	0.1% of Transaction Amount (Rounded Up to The Nearest Dollar)
SFC Transaction Levy	0.0027% of Transaction Amount
HKEX Trading Fee	0.00565% of Transaction Amount
FRC Transaction Levy	0.00015% of Transaction Amount
CCASS Fee	0.002% of Transaction Amount (Minimum HK$2, Maximum HK$100)
Physical Scrip Deposit/Transfer Deed Fee	HK$5 per Transfer Deed
Withdrawal of Physical Scrip	HK$5 per Board Lot, Plus HK$50 per Each Stock Withdrawal
Settlement Instruction	Free for Deposit, 0.05% of Previous Market Value of Each Stock Transfer Out (Minimum HK$50)
Collection of Dividend/Stock in Lieu of Cash	0.50% of Dividend (Minimum HK$20)


• Margin Interest Rate

　　Hao Tian Financial's Margin Interest Rate is Prime Rate + 4% per annum. This rate is applied to margin financing, providing leverage for investors. It aligns with prevailing market rates, offering competitive terms for clients engaging in margin trading activities within their investment portfolios.

Hao Tian Financial App Review

　　The app offered by Hao Tian Financial, called Speed Station+, is a securities online trading system designed to facilitate streamlined trading experiences.

　　Its key features include a simple trading interface, enabling users to execute trades efficiently. To download the app, users can visit the respective app store relevant to their device platform, whether it's the Apple App Store for iOS devices or the Google Play Store for Android devices.



Research & Education

　　Hao Tian Financial's research report offers a robust blend of macroeconomic analysis and tailored solutions.

　　Its multi-faceted approach, encompassing macroeconomic, securities, foreign exchange, commodity, and credit market analyses, provides comprehensive insights for decision-making. By incorporating perspectives from accounting, regulations, and arithmetic models, they deliver nuanced advice tailored to individual needs.



Customer Service

　　Hao Tian Financial offers customer support through its hotline at (852) 2127 5788, operating during standard business hours.

　　For domestic inquiries within China, customers can reach them at (86) 152 1795 8665. You can also send a fax to them at (852) 2127 5799.

Conclusion

　　In conclusion, Hao Tian Financial offers advantages such as regulated operations, robust security measures, and a mobile trading app for convenient access. However, its limited range of tradable securities and comparatively higher commission fees pose challenges for investors seeking various investment options and cost-effective trading. Despite these drawbacks, the platform suits experienced investors who prioritize regulatory compliance and security in their trading activities.

FAQs

• Is it safe to trade on Hao Tian Financial？

　　Yes, Hao Tian Financial implements robust security measures to safeguard client information and transactions, ensuring a safe trading environment.

• Is Hao Tian Financial a good platform for beginners？

　　Hao Tian Financial offers customer support and educational resources to assist beginners, making it a suitable platform for those new to trading.

• Is Hao Tian Financial legit？

　　Yes, Hao Tian Financial is regulated by the Securities and Futures Commission (SFC), affirming its legitimacy and adherence to regulatory standards.

• Is Hao Tian Financial good for investing/retirement？

　　Hao Tian Financial provides a range of investment options and services, making it suitable for long-term investing and retirement planning. However, individuals should conduct thorough research and consider their financial goals before investing.

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.