万和证券

VANHO Securities
WikiStock Rating	⭐⭐⭐⭐
Account Minimum	N/A
Trading Fees	A-Share Stocks: Commission 0.03%, with minimum charge of 5 YUAN; Stock Options Settlement Fee: 0.45 YUAN per contract for individual stock options, 0.3 YUAN per contract for ETF options;
Account Related Fees	Overdraft Interest: 0.05% of overdue amount; Penalty Interest: 1% of default amount
Interests on Uninvested Cash	N/A
Margin Interest Rates	Securities Lending: Annual rate at 10.35%; Financing: Annual rate at 8.35%
Mutual Funds Offered	Yes
App/Platform	Wanhe E-Yang Finger, Wanhe Mobile Securities
Promotion	No

VANHO Securities Information

　　VANHO Securities is regulated by the China Securities Regulatory Commission (CSRC), ensuring compliance with regulatory standards. The brokerage firm offers a wide range of tradable securities, including stocks, bonds, futures, options, ETFs, and mutual funds.

　　VANHO Securities compensates with comprehensive research reports, educational resources, and efficient account management tools, empowering investors to make informed decisions and manage their portfolios effectively.

Pros and Cons

　　VANHO Securities boasts several strengths, including low margin interest rates, which can be advantageous for investors seeking leverage in their trades. The presence of user-friendly mobile apps enhances accessibility and convenience, allowing traders to execute transactions and manage their portfolios on-the-go. Furthermore, VANHO Securities provides a wide range of tradable securities. Its regulation by the China Securities Regulatory Commission (CSRC) adds a layer of credibility and security to its operations, instilling confidence among investors regarding compliance with regulatory standards.

　　However, fees associated with stock options and ETFs are relatively higher, potentially dissuading traders from engaging in these markets.

Is VANHO Securities Safe？

• Regulations:

　　VANHO Securities holds one securities license, specifically obtained from the China Securities Regulatory Commission (CSRC). This license authorizes VANHO Securities to engage in regulated activities within the Chinese securities market.


• Funds Safety:

　　Customer accounts in VANHO Securities are insured. The China Securities Investor Protection Fund (SIPF) provides coverage for securities investors, including VANHO Securities customers. The coverage amount for each investor is up to 500,000 YUAN, offering protection against certain financial risks associated with securities trading.

• Safety Measures:

　　VANHO Securities implements robust security measures to safeguard its users' accounts and data.

　　Multi-factor authentication enhances login security, requiring users to verify their identity through multiple authentication factors.

　　Regular security audits and updates ensure the platform's resilience against emerging threats.

What are Securities to Trade with VANHO Securities？

　　VANHO Securities provides a wide range of tradable securities, including:

　　Margin Loans: VANHO Securities offers margin loans, allowing investors to borrow funds against their existing securities portfolio to trade in the market.

　　Bonds & Fixed Income: Investors can trade various bonds and fixed-income securities through VANHO Securities, providing opportunities for stable returns.

　　Futures: VANHO Securities facilitates trading in futures contracts, enabling investors to speculate on the future price movements of commodities, currencies, and financial instruments.

　　Investment Advisory Service: VANHO Securities provides investment advisory services, offering personalized guidance and recommendations to assist investors in making informed investment decisions.

　　Options: Investors can trade options contracts through VANHO Securities, providing opportunities to hedge risk or speculate on the price movements of underlying assets.

　　Stocks: VANHO Securities offers a wide range of stocks for trading, allowing investors to buy and sell shares of publicly listed companies on various stock exchanges.

　　ETFs (Exchange-Traded Funds): VANHO Securities provides access to ETFs, which are investment funds traded on stock exchanges, offering diversified exposure to various asset classes and investment strategies.

　　Mutual Funds: Investors can invest in mutual funds through VANHO Securities, offering professionally managed portfolios of stocks, bonds, and other securities.

Services

　　VANHO Securities offers a range of services tailored to various investment needs.

　　In Fixed Income, they provide professional and differentiated services to meet customer requirements effectively.

　　Fund Outsourcing enables safekeeping of customer assets while offering investment management services. With expertise in Investment Banking, VANHO actively promotes financial innovation and designs comprehensive solutions.

　　Asset Management focuses on long-term wealth growth, aspiring to lead the industry.

　　Wealth Management delivers specialized services, while the Investment Advisor team ensures high-quality guidance for investors.



VANHO Securities Fees Review

• Commissions and Fees

　　A-Share Stocks and Securities Investment Funds:

　　Each transaction incurs a commission not exceeding 0.03%, with a minimum charge of 5 YUAN if the commission falls below this threshold.

　　Stock Options:

• Settlement Fee: Charged per contract at 0.45 YUAN per contract for individual stock options and 0.3 YUAN per contract for ETF options.
• Exercise Settlement Fee: 0.9 YUAN per contract for individual stock options and 0.6 YUAN per contract for ETF options.
• Transfer Fee: Charged to investors at 0.5‰ of the transaction amount for individual stock options.

　　Exchange-Traded Funds (ETFs):

• Exchange Handing Fee:
• Shanghai Stock Exchange: 1.3 YUAN per contract for ETF options.
• Shenzhen Stock Exchange: 1.3 YUAN per contract for ETF options.

　　Account-Related Fees

• Overdraft Interest: 0.05% of the amount overdue.
• Penalty Interest: 1% of the default amount.

　　Comparatively, VANHO Securities' fees for A-share stocks and securities investment funds fall within the average range. However, their fees for stock options and ETFs are relatively higher, especially concerning settlement and exercise fees, compared to popular brokers.

Fee Type	Description	Fee Amount
A-Share Stocks	Commission per transaction	Not exceeding 0.3%, minimum 5 YUAN
Stock Options	Settlement Fee (Individual Stock Options)	0.45 YUAN per contract
Stock Options	Settlement Fee (ETF Options)	0.3 YUAN per contract
Stock Options	Exercise Settlement Fee (Individual Stock Options)	0.9 YUAN per contract
Stock Options	Exercise Settlement Fee (ETF Options)	0.6 YUAN per contract
Stock Options	Transfer Fee (Individual Stock Options)	0.5‰ of transaction amount
ETFs (Shanghai Stock Exchange)	Exchange Handing Fee	1.3 YUAN per contract
ETFs (Shenzhen Stock Exchange)	Exchange Handing Fee	1.3 YUAN per contract
Overdraft Interest	Penalty for overdue amounts	0.05% of overdue amount
Penalty Interest	Penalty for defaulting	1% of default amount


• Margin Interest Rate

　　VANHO Securities offers competitive margin interest rates. For securities lending, the annual interest rate stands at 10.35%, while the financing annual interest rate is set at 8.35%.



VANHO Securities App Review

　　VANHO Securities offers two mobile apps: Wanhe E-Yang Finger and Wanhe Mobile Securities.

　　Wanhe E-Yang Finger is a mobile investment and financial management platform developed by Wanhe Securities Co., Ltd. It provides comprehensive services for investors, including securities trading, account opening, market updates, self-service transactions, and access to a financial management mall.

　　It ensures a smooth user experience and is regularly updated to improve performance.

　　Investors can download the app for both iPhone and Android devices by scanning the QR code or visiting the respective app stores.

　　Wanhe Mobile Securities offers a full range of real-time securities quotes, online transactions, and bank-to-securities transfers. It provides a convenient and efficient platform for investors to engage in stock market activities. The app emphasizes its time-saving and convenient features, enabling users to enjoy investing anytime, anywhere.

　　Both apps provide investors with easy access to investment opportunities and financial management tools, enhancing their overall trading experience and facilitating informed decision-making.



Research & Education

　　VANHO Securities offers a robust array of educational resources and research reports empowering investors with knowledge and insights.

　　Their Macro, Strategy, Special, Industry, and Company Research reports provide in-depth analysis to guide investment decisions.

　　The Investor Education Base features beginner-friendly materials to navigate stocks, funds, and bonds, while also delving into advanced topics like options and securities lending. Legal columns ensure investors are informed about regulatory protections, while comprehensive risk disclosure lists highlight market risks.



Customer Service

　　VANHO Securities provides comprehensive customer support to assist users with any inquiries they may have. Operating during trading days from 9:00 to 11:30 and 13:00 to 17:00, their customer service team is readily available.

　　For direct assistance, users can contact them via phone at 4008-882-882. Additionally, for any complaints, they offer an email address: zbts@wanhesec.com.

　　Moreover, users can access support and updates through their WeChat public account, “vanhoco.”



Conclusion

　　In conclusion, VANHO Securities offers low margin interest rates, various tradable securities, and comprehensive research reports are appealing. However, higher commission fees, particularly for stock options and ETFs, deter cost-conscious traders.

　　The platform suits experienced investors seeking a wide range of investment options and research tools but may not be optimal for those prioritizing low transaction costs.

FAQs

• Is it safe to trade on VANHO Securities？

　　VANHO Securities is regulated by the China Securities Regulatory Commission, ensuring compliance with regulatory standards and providing a secure trading environment.

• Is VANHO Securities a good platform for beginners？

　　VANHO Securities offers educational resources and guidance services, making it suitable for beginners to learn about investing and navigate the financial markets.

• Is VANHO Securities legit？

　　Yes, VANHO Securities is a legitimate brokerage firm holding a securities license from the China Securities Regulatory Commission, authorizing it to operate in the Chinese securities market.

• Is VANHO Securities good for investing/retirement？

　　VANHO Securities provides a wide range of investment options, including mutual funds and retirement planning services, making it suitable for long-term investing and retirement goals.

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.