民生证券

Minsheng Securities
WikiStock Rating	⭐⭐⭐
Account Minimum	Not specified
Account Fees	Generally no fees are applied
Fees	0.03% (stock trading fees)
Interests on uninvested cash	Not specified
Margin Interest Rates	Regular Margin Lending Rate: 6%Raised Margin Lending Rate: 7.2%
Mutual Funds Offered	Yes
App/Platform	Mobile and PC
Promotions	No

What is Minsheng Securities？

　　Minsheng Securities Co., Ltd. was established in 1986 and registered in Shanghai, with its business scope covering: securities brokerage, securities investment fund, Hong Kong Stock Connect, income certificate business, IB business, investment advisory business, marketing financial products business, margin financing, equity pledge, bond pledge, stock options, Internet securities business and other businesses approved by the CSRC. Minsheng Securities has a perfect corporate governance structure and provides security measures to protect financial accounts, but does not provide convenient customer service channels.

Pros and Cons of Minsheng Securities

　　Minsheng Securities has a good reputation and operates under formal regulatory oversight. With perfect corporate governance structure, scientific management system, efficient decision execution mechanism, powerful incentive and restraint mechanism, rigorous compliance internal control mechanism and complete risk control system, the company ensures the healthy development of various businesses. The company has a knowledgeable and experienced investment management team. But it does not provide convenient customer service channels.

Is Minsheng Securities safe？

　　Regulation

　　Minsheng Securities is regulated. It is effectively regulated by a regulator and provides a margin. However, traders should give full consideration before engaging in trading activities to ensure a safer and more reliable trading experience.

　　Fund Safety

　　Minsheng Securities does not currently provide direct insurance protection for its clients' funds. However, the company has taken the following measures to protect client funds:

• 　　Joined the Securities Investor Protection Fund (SIPF): Minsheng Securities is a member of the SIPF. According to the “Securities Investor Protection Fund Management”, when a securities company is unable to fulfill its clearing obligations due to its business activities, investors can apply for compensation from the SIPF. The maximum compensation per investor is RMB 500,000.

• 　　Strictly comply with relevant laws and regulations: Minsheng Securities strictly complies with relevant laws and regulations such as the “Securities Law” and the “Securities Investment Fund Law”, conducts standardized operations, and protects the security of client funds.

• 　　Establish a sound internal control system: Minsheng Securities has established a sound internal control system to strictly manage client funds and regularly inspect and evaluate the internal control system.

• 　　Use scientific and technological means to prevent risks: Minsheng Securities uses scientific and technological means to strengthen the monitoring of client funds and prevent financial risks.

What are securities to trade with Minsheng Securities？

　　Minsheng Securities's business scope includes brokerage business, research and consulting, investment banking, fixed income, asset management, debt financing.

　　Brokerage business: Minsheng Securities focuses on customers and provides one-stop investment and financing services and a comprehensive wealth management platform for investors. The main business is securities brokerage services, wealth management, credit and derivatives business.

　　Research consulting: Minsheng Securities Research Institute is responsible for the research and consulting business of the company's institutional customers, and carries out various institutional businesses including seller research and sales, research and consulting services, and innovation business. The research of the Institute covers macro, strategy, fixed income, financial engineering and other research sectors, as well as 24 industry research directions including banking, real estate, electronics, computers, media, machinery, medicine, chemical industry.

　　Investment banking: Minsheng Securitiesprovides clients with full business chain investment banking services, including equity financing, bond financing, asset securitization, mergers and acquisitions and reorganization, and various capital operation financial advisers.

　　Fixed Income: The company's fixed income business is mainly carried out in the inter-bank bond market and exchange bond market, and its investment varieties mainly include national bonds, local bonds, financial bonds, corporate bonds, corporate bonds, coupons, short financing, directional financing instruments and interbank certificates of deposit and other fixed income products.

　　Asset Management: It has covered a wide range of fields such as equity investment, fixed income investment, FOF investment, fixed increase, employee stock ownership plan, increase/decrease of major shareholders, entrusted financing of listed companies, strategic placement and so on.

　　Debt financing: It provides clients with corporate bonds, corporate bonds, Securities Regulatory ABS, interbank product financial advisor and foreign currency debt domestic coordinators and other full range of debt products.

Minsheng Securities Fees Review

　　Effective August 28, 2023, the trading commission fee for A and B shares on the Shanghai and Shenzhen stock exchanges has been reduced from 0.00487% of the transaction amount (charged both ways) to 0.00341% (charged both ways). Additionally, the trading commission fee for securities on the Beijing Stock Exchange has been lowered from 0.025% of the transaction amount (charged bilaterally) to 0.0125% (charged bilaterally). Existing investors' commission rates will be adjusted synchronously in line with the new fee standards set by the respective exchanges.

Minsheng Securities App Review

　　Minsheng Securities' “Minsheng Wealth Hub ” is the official comprehensive trading app for Android and iOS. It offers seamless online account opening, real-time trading with millisecond market data, diverse investment products including funds and wealth management, real-time information push, expert insights community, online services, and practical tools like one-click IPO subscriptions and intelligent stock selection.

　　Minsheng TongHuaShun is Minsheng Securities' comprehensive trading app, offering essential services for stock investors. It provides real-time quotes for stocks listed in Shanghai, Shenzhen, and Beijing, as well as detailed company information. The app enables regular trading on the Shanghai and Shenzhen exchanges, margin trading, IPO subscriptions, and bank-securities account transfers.

　　Minsheng Options Hub is a comprehensive stock options app that integrates market data, trading, and investor education. Designed for options investors, it offers features like T-quotes, contract screening, contract trading, and underlying asset trading. With an intuitive user interface that blends quotes and trading, it employs a what-you-see-is-what-you-get interaction model.

　　Minsheng Options Hub Simulator is an app for simulated stock options trading, designed to help investors practice and refine their skills. It replicates the real trading environment, offering features like T-quotes, contract screening, contract trading, and underlying asset trading. The app integrates market data and trading functionalities into an intuitive interface with a what-you-see-is-what-you-get interaction model.

Education & Research

　　Minsheng Securities has set up an investor education column to provide professional knowledge and quality services for securities investors.

Customer Service

　　Minsheng Securities can be contacted at 95376 by call on Weekdays 8:30-22:00 for any inquiries or assistance.

Conclusion

　　In conclusion, Minsheng Securities established in 1986 and based in Shanghai, is one of China's earliest securities companies and operates under strict regulatory oversight. While Minsheng Securities is famous for its effective security measures and user-friendly platforms, it could improve by providing clearer information regarding costs and customer service channels. Traders considering Minsheng Securities should conduct thorough research to ensure a secure and informed trading experience.

FAQs

　　Is Minsheng Securities safe to trade with？

　　Yes, Minsheng Securities is safe to trade with. It is regulated by the China Securities Regulatory Commission, ensuring adherence to strict regulatory standards. However, traders should always consider the inherent risks of trading and conduct their own due diligence.

　　Is Minsheng Securities a good platform for beginners？

　　Minsheng Securities offers a range of services that can benefit beginners, such as a user-friendly app and comprehensive wealth management platforms. However, the lack of educational resources might require beginners to seek additional learning materials externally.

　　Is Minsheng Securities legit？

　　Yes, Minsheng Securities is a legitimate company established in 1986 and registered in Shanghai. It operates under the approval of the China Securities Regulatory Commission and offers a wide range of securities services.

　　Is Minsheng Securities good for investing/retirement？

　　Minsheng Securities provides various investment options that could be suitable for long-term investing and retirement planning, including asset management, equity investment, and fixed income products. Clients should assess their personal financial goals and risk tolerance in consultation with a financial advisor to determine if it aligns with their retirement planning needs.

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.