Fair Eagle Securities Company Limited is a wholly owned subsidiary of Chinese Estates Holdings Limited (Stock Code#127), it also has Fair Eagle Futures Company Limited and Fair Eagle Finance Credit Limited, We are licensed under the Securities and Futures Ordinance to carry on Type 1, Type 2, Type 4, Type 5 & Type 8 regulated activities, Business including Hong Kong stock, Hang Seng Index Futures Contracts and Option, provide stock financing trading business. Also, provide US and Global stock trading.
What is Fair Eagle Securities？
Fair Eagle Securities, regulated by the Securities and Futures Commission (SFC) in Hong Kong, provides clients with access to Initial Public Offerings (IPOs), facilitating investment opportunities in newly listed stocks. However, brokerage does not support forex and cryptocurrency trading, limiting the diversity of investment options.
Pros and Cons of Fair Eagle Securities？
Fair Eagle Securities regulated by the Securities and Futures Commission (SFC) in Hong Kong, ensuring adherence to strict regulatory standards. While the company offers access to Initial Public Offerings (IPOs), providing clients with opportunities to invest in newly listed stocks, it falls short in certain areas. Fair Eagle Securities does not support forex and cryptocurrency trading, limiting the range of investment options available to clients. Additionally, the absence of live chat support may hinder timely assistance and responsiveness to client inquiries. Moreover, the brokerage offers limited educational resources, potentially affecting the ability of traders to access valuable learning materials to enhance their investment knowledge and skills.
Is Fair Eagle Securities safe？
Regulation
Fair Eagle Securities operates under the supervision of the Securities and Futures Commission (SFC) with license numbers AAE300, AAX409, and AFZ407.
Safety Measures
To ensure the safety of clients' assets, Fair Eagle Securities electronically stores clients' securities in its CCASS account. Clients receive statements verifying their ownership of the securities held by the company. Fair Eagle Securities also manages all rights and interests associated with the securities on behalf of the clients. If any securities do not qualify for CCASS, clients are notified to withdraw them and keep them under their own custody. Clients are advised to promptly register these securities in their individual names to benefit from any rights granted by the listed companies.
What are securities to trade with Fair Eagle Securities？
Fair Eagle Securities offers a diverse range of trading instruments, including Hong Kong stocks, Hang Seng Index Futures Contracts, and Options. Additionally, the brokerage provides stock financing trading services. Moreover, Fair Eagle Securities facilitates trading in US and global stocks, expanding investment opportunities for its clients. However, it does not offer forex or cryptocurrency trading.
Fair Eagle Securities Accounts
Fair Eagle Securities offers two main types of accounts: Cash Account and Margin Account.
The Cash Account provides clients with the flexibility of trading via internet or telephone.
On the other hand, the Margin Account is designed for clients who seek to leverage their investments through margin financing. This account allows clients to borrow funds from Fair Eagle Securities based on the market value of their securities held in the account. Clients can use their securities as collateral to purchase additional securities or engage in margin trading. However, clients are required to pay margin interest on the borrowed funds. Additionally, clients must maintain a certain level of equity in their account, known as the margin maintenance level. If the market value of their securities falls below this level, clients may be required to deposit additional funds to meet the margin call.
Fair Eagle Securities Fees Review
Fair Eagle Securities imposes various fees related to its services for trading Hong Kong securities:
Standard Brokerage Commission: The standard brokerage commission rate varies and can be obtained from the brokerage.
Brokerage Commission for Internet Trading: Clients conducting trades via the internet are subject to a commission rate of 0.18% of the transaction amount or a minimum of HK$50.
Brokerage Commission for Non-Internet Trading: For trades conducted through non-internet channels, clients are charged a commission rate of 0.25% of the transaction amount or a minimum of HK$100.
Grey Market Trading: Clients engaged in grey market trading are subject to a commission rate equivalent to the original transaction commission rate plus 0.1%, or a minimum of HK$100.
In addition to brokerage commissions, clients are also responsible for trading fees and other transaction levies:
Transaction Fee (for HKEX): Charged at a rate of 0.00565% of the transaction amount, with a minimum fee of HK$0.01.
Transaction Levy (for SFC): Levied at a rate of 0.0027% of the transaction amount, with a minimum fee of HK$0.01.
Transaction Levy (for FRC): Imposed at a rate of 0.00015% of the transaction amount, with a minimum fee of HK$0.01.
Settlement Fee (for CCASS): Amounting to 0.0100% of the transaction amount, with a minimum fee of HK$3.
Stock Stamp Duty (for HKSAR Gov't): Applicable at a rate of 0.1300% of the transaction amount, with amounts less than HK$1 rounded up to HK$1. No stamp duty is imposed on transactions involving warrants, CBBCs, inline warrants, and ETFs.
Customer Service
Clients can reach the brokerage via telephone at 2526-2538 during business hours, or through fax at 2845-5731 for document submissions. Operating from Monday to Friday, 9:00 AM to 6:00 PM, Fair Eagle Securities is closed on Saturdays, Sundays, and public holidays. For urgent matters, clients can utilize the hotline at 2526-2538. Additionally, non-urgent inquiries or written communication can be directed to info@faireagle.com.hk.
Conclusion
Fair Eagle Securities, regulated by the Securities and Futures Commission (SFC) in Hong Kong, stands out for providing access to Initial Public Offerings (IPOs), offering clients opportunities to invest in newly listed stocks. While it excels in this aspect, brokerage does not support forex and cryptocurrency trading. It is best suited for investors seeking exposure to IPOs and looking to diversify their portfolios with traditional investment instruments.
FAQs
Is Fair Eagle Securities safe to trade？
Yes, Fair Eagle Securities is safe to trade with as it operates under the supervision of the Securities and Futures Commission (SFC) with license numbers AAE300, AAX409, and AFZ407. To ensure the safety of clients' assets, the company electronically stores clients' securities in its CCASS account, providing statements to verify ownership.
Is Fair Eagle Securities a good platform for beginners？
Fair Eagle Securities may not be the most suitable platform for beginners due to its lack of educational resources.
Is Fair Eagle Securities legit？
Yes, Fair Eagle Securities is a legitimate platform operating under the supervision of the Securities and Futures Commission (SFC) with license numbers AAE300, AAX409, and AFZ407.
Risk Warning
The details presented are derived from WikiStock's expert analysis of the broker's website data and are subject to modification. Additionally, it's essential to acknowledge that online trading carries significant risks, which could result in the complete loss of invested capital. Therefore, understanding these risks before participating is imperative.
China Hong Kong 
Owns 1 seat(s)
