中富證券

SR Wealth Securities Limited
WikiStock Rating	⭐ ⭐ ⭐
Account Minimum	None
Fees	Hong Kong securities: internet trading commission 0.20% (min HK$100), call-in and dealer commission 0.25% (min HK$100);Shanghai and Shenzhen Connect: internet trading commission 0.25% (min RMB 200), call-in or dealer commission 0.30% (min RMB 200)
Account Fees	Free account opening
Mutual Funds Offered	Yes
App/Platform	SR Wealth Online Trading System, SR Wealth Securities mobile trading app
Promotions	Not available yet

SR Wealth Securities Information

　　SR Wealth Securities Limited's service scope includes securities trading, handling subscriptions for initial public offerings (IPOs), underwriting and distribution of listed securities, and securities custodian services. Regulated by the Securities and Futures Commission (SFC) in Hong Kong, the brokerage ensures a reliable trading environment. It offers investors access to IPOs and does not impose account opening fees, which is beneficial for newcomers seeking cost-effective investment opportunities. However, the firm's limited educational resources may present challenges for clients looking to enhance their market knowledge and understanding.

Pros and Cons of SR Wealth Securities？

　　SR Wealth Securities Limited stands out as a regulated brokerage under the supervision of the Securities and Futures Commission (SFC) in Hong Kong, ensuring adherence to stringent financial standards and investor protection guidelines. While the firm does not facilitate trading in forex and cryptocurrencies, it offers clients access to Initial Public Offerings (IPOs), providing opportunities to invest in newly listed companies. A notable advantage is the absence of account opening fees, which lowers the barrier for new investors to start trading. However, one area of improvement is the limited educational resources available, which may pose challenges for clients seeking comprehensive guidance and market education.

Is SR Wealth Securities safe？

　　Regulation

　　SR Wealth Securities Limited is currently licensed by the Securities and Futures Commission (SFC) under license number BHF761.

　　Safety Measures

　　SR Wealth Securities Limited employs encryption measures suitable for securing personal data collected via the Internet. However, due to the inherent risks associated with Internet transmission, these measures cannot guarantee absolute security. The company also implements password protection and other electronic and physical security protocols to safeguard personal data, restricting access to authorized personnel only.

What are securities to trade with SR Wealth Securities ？

　　SR Wealth Securities Limited offers clients the opportunity to trade a variety of stocks, encompassing Hong Kong stocks, Shanghai and Shenzhen Connect stocks, H-shares, and US stocks. These stocks provide opportunities for investors to access different markets and sectors, enhancing portfolio diversification.

　　Additionally, the brokerage provides access to mutual funds, allowing investors to participate in professionally managed portfolios with diversified holdings across different asset classes and regions.

　　However, SR Wealth Securities Limited does not facilitate trading in forex or cryptocurrencies.

SR Wealth Securities Accounts

　　SR Wealth Securities Limited offers three main types of accounts: Individual Account, Joint Venture Account, and Corporate Account.

　　The Individual Account is designed for a single investor, providing personalized investment services, allowing the account holder to trade securities, access research reports, and manage their portfolio independently, suitable for those who meet the minimum age and regulatory requirements.

　　The Joint Venture Account is intended for two or more individuals who wish to share an investment account, allowing multiple parties to jointly manage and trade securities with equal access to the account, ideal for partners or family members collaborating on their investments.

　　The Corporate Account is tailored for businesses and corporate entities, enabling companies to trade securities, access investment services, and manage corporate portfolios efficiently, meeting the needs of business-related investment activities.

　　After receiving and verifying the account opening documents, SR Wealth Securities Limited requires approximately 1 to 2 business days to open an account. Once the application is accepted, they will send an account confirmation notice and online trading system login details to the client via email.

　　Opening an online trading account with the company is free of charge, with no account setup fees imposed on clients.

SR Wealth Securities Fees Review

　　SR Wealth Securities Limited imposes various fees for both Hong Kong securities trading and Shanghai and Shenzhen Connect stock trading.

　　For Hong Kong securities, the basic commission for internet trading orders is 0.20% of the gross amount, with a minimum charge of HK$100 per transaction. Call-in and dealer orders incur a higher commission rate of 0.25% on the gross amount, also with a minimum charge of HK$100. Stamp duty is levied at 0.1% of the gross amount, rounded up to the nearest dollar, alongside additional fees such as the SFC transaction levy of 0.0027%, HKEx trading fee of 0.005%, and settlement fee of 0.006% of the gross amount, with a minimum of HK$5 and a maximum of HK$1,000 per transaction.

　　For Shanghai and Shenzhen Connect stock trading, the fees differ slightly. The basic commission for internet trading orders is 0.25% of the gross amount, with a minimum of RMB 200 per transaction. Call-in and dealer orders attract a higher commission rate of 0.30% on the gross amount, also with a minimum of RMB 200. Stamp duty, managed by the State Administration of Taxation, amounts to 0.1% of the consideration on the seller's side, rounded up to the nearest dollar. Additional charges include a handling fee of 0.00487% of the consideration per side (charged by SSE or SZSE) and a securities management fee of 0.002% of the consideration per side (charged by CSRC).

SR Wealth Securities App Review

　　SR Wealth Securities Limited offers the SR Wealth Online Trading System, providing a robust platform for smooth online trading. Clients can conveniently download the SR Wealth Securities mobile trading app for iOS and Android devices, ensuring access to market data and execution capabilities on the go.

Customer Service

　　SR Wealth Securities Limited provides robust customer service options to assist clients effectively. For trading inquiries, clients can utilize the Trading Hotline at (852) 3160-8493 or (852) 3160-8494. The Customer Service Hotline, available at (852) 3160-8492, offers support for general inquiries and assistance. For document submissions or additional communication, clients can use the fax number (852) 3160-8444 or email cs@srw.com.hk. The company's office is located at Room 201, 2/F, Kam Sang Building, 255-257 Des Voeux Road Central, Hong Kong, providing a convenient point of contact for clients needing in-person assistance or meetings.

Conclusion

　　SR Wealth Securities Limited is distinguished by its regulation under the SFC in Hong Kong, offering a secure and compliant trading platform. It appeals to investors interested in accessing IPOs without incurring account opening fees, making it particularly suitable for cost-conscious individuals seeking new investment opportunities. However, potential drawbacks include the limited availability of educational resources, which may pose challenges for investors seeking comprehensive market knowledge and guidance.

FAQs

　　Is SR Wealth Securities safe to trade？

　　SR Wealth Securities Limited holds a valid license from the Securities and Futures Commission (SFC) and employs encryption measures to secure personal data collected online. However, like all internet-based transactions, these measures cannot guarantee complete security. The company also utilizes password protection and other security protocols to restrict access to authorized personnel.

　　Is SR Wealth Securities a good platform for beginners？

　　While SR Wealth Securities Limited provides versatile trading platforms, its limited educational resources may challenge beginners seeking comprehensive guidance and learning opportunities.

　　Is SR Wealth Securities legit？

　　SR Wealth Securities Limited is licensed by the Securities and Futures Commission (SFC) under license number BHF761, ensuring its legitimacy in the financial markets.

Risk Warning

　　The details presented rely on WikiStock's expert assessment of the brokerage's website information and are subject to updates. Engaging in online trading carries significant risks, including the potential for total loss of invested funds, underscoring the importance of understanding these risks thoroughly before participation.