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Score

黃河證券

China Hong Kong 5-10 years
Regulated in China Hong KongOptions

http://www.yrsl.com.hk/

Website

Time Machine

Rating Index

Brokerage Appraisal

Products

1

Stocks

http://www.yrsl.com.hk/
FLAT 2302, 23/F, CHINA INSURANCE GROUP BUILDING, 141 DES VOEUX ROAD CENTRAL, HONG KONG

Securities license

Obtain 1 securities license(s)

SFCRegulated

China Hong Kong Securities Trading License

Global Seats

Owns 1 seat(s)

China Hong Kong HKEX

Seat No. 02082

Closed

Brokerage Information

More

Company Name

YELLOW RIVER SECURITIES LTD

Company Abbreviation

黃河證券

Platform registered country and region

China Hong Kong

Company address

FLAT 2302, 23/F, CHINA INSURANCE GROUP BUILDING, 141 DES VOEUX ROAD CENTRAL, HONG KONG

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WikiStock APP

Internet Gene

Gene Index

0
020406080100
The gene index is Poor, worse than 0% of brokerage firms.

APP Rating

0
01.02.03.04.05.0
The APP rating is Poor, worse than 0% of peers.

Company Profile

  Note: The information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

  In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.

Yellow River Securities
 style=
WikiStock Rating ⭐⭐⭐
Brokerage Commissions Telephone trading: negotiated individually
Stamp Duty 0.13% of transaction amount, rounded up to the nearest $1.00
SFC Transaction Levy 0.00285% of transaction amount
Investor Compensation Levy 0.002% of transaction amount
CCASS Settlement Fee 0.002% of transaction amount (Min. $2.00)
Late Payment Fee (applicable to cash customers only) Prime Rate +3.5% per annum
App/Platform Portal2 Online Trading Platform
Promotions Unavailable

What is Yellow River Securities?

  Yellow River Securities is a Hong Kong-based brokerage firm regulated by the Securities and Futures Commission (SFC). Specializing in stock trading, it provides investors with access to a diverse range of equities from various sectors and markets. The firm offers a range of account types with a transparent fee structure and accessible customer support, including individual, joint, and corporate accounts.

Yellow River Securities homepage

Pros & Cons

Pros Cons
Regulated by SFC Limited trading instruments
Offers a variety of account types No promotions or special offers
Transparent fee structure Late payment fee for cash customers
Accessible customer support
Pros

  Regulated by SFC: Being regulated adds credibility and ensures adherence to industry standards, offering a level of security for investors.

  Offers a variety of account types: Catering to different needs with various account options enhances flexibility for investors, includingindividual, joint, and corporateaccounts..

  Transparent fee structure: Transparent fees and the ability to negotiate commissions provide clarity and lower costs for traders.

  Accessible customer support: Multiple channels for customer support make it easier for clients to get assistance when needed, such as email, phone, fax, and address.

Cons

  Limited trading instruments: Only offering stocks limits diversification options for investors looking for broader asset classes.

  No promotions or special offers: Lack of promotional offers is less appealing for clients seeking incentives to join.

  Late payment fee for cash customers: The imposition of a late payment fee can deter clients who may struggle with payment timelines.

Is Yellow River Securities Safe?

  Yellow River Securities is regulated by the oversight of the oversight of the Securities and Futures Commission of Hongkong (SFC), holding license No. BIX927. This regulatory framework ensures that the company adheres to stringent standards designed to protect investors and maintain the integrity of the financial market. By adhering to the regulations, Yellow River Securities ensures that its operations are conducted with the utmost professionalism and accountability, instilling confidence in its clients and stakeholders.

Regulated by SFC

What are Securities to Trade with Yellow River Securities?

  Yellow River Securities specializes in offering stocks as its primary trading instrument. With a focus solely on stocks, the brokerage provides investors with access to a diverse range of equities from various sectors and markets. Clients can trade stocks listed on major exchanges, enabling them to build portfolios tailored to their investment objectives and risk preferences.

Yellow River Securities Accounts

  Yellow River Securities caters to a diverse clientele by offering a range of account types tailored to individual, joint, and corporate investors.

  With its Individual Account option, clients can trade stocks and manage their investments independently, allowing for personalized decision-making and control over their portfolios.

  Joint Accounts enable multiple individuals to collaborate on investment strategies and share ownership of assets, fostering collaboration and flexibility in managing shared investments.

  For corporate clients, Yellow River Securities provides Corporate Accounts, offering specialized services tailored to the unique needs of businesses and organizations.

Yellow River Securities Accounts

Yellow River Securities Fees Review

  Yellow River Securities operates with a transparent fee structure aimed at providing clarity and affordability to its clients.

  While brokerage commissions for telephone trading are negotiated individually, the company ensures competitive pricing to accommodate various trading needs. Stamp duty is levied at 0.13% of the transaction amount, rounded up to the nearest dollar, adhering to regulatory requirements.

  Additionally, the SFC Transaction Levy, set at 0.00285% of the transaction amount, and the Investor Compensation Levy, at 0.002% of the transaction amount, contribute to the overall cost of trading. For CCASS Settlement, a fee of 0.002% of the transaction amount is applied, with a minimum charge of $2.00, ensuring cost-effectiveness for settlement services.

  Cash customers are subject to a late payment fee, calculated at the prime rate plus 3.5% per annum, incentivizing timely settlement and adherence to payment obligations.

Yellow River Securities Fees Review

Yellow River Securities Platform Review

  Yellow River Securities provides its clients with access to the Portal2 Online Trading Platform, a robust and user-friendly platform designed to meet the diverse needs of traders. The platform offers advanced charting tools, real-time market data, and customizable trading interfaces. Additionally, Portal2 is equipped with features such as risk management tools, order execution capabilities, and portfolio monitoring functionalities.

Customer Service

  Yellow River Securities provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.

  •   Phone: (852) 3899 2700

  •   Fax: (852) 3104 0168

  •   Email: info@yrsl.com.hk

  •   Address: FLAT 2302, 23/F, CHINA INSURANCE GROUP BUILDING, 141 DES VOEUX ROAD CENTRAL, HONG KONG

  •   Office hours: 9 a.m. to 6 p.m. (Monday to Friday)

  •   Bank Account: Chong Hing Bank: 256-10-10-8390-3

  •   Public Bank (Hong Kong) Limited: 712-244402-031

  If you have any questions, you can call the customer service hotline at (852) 3899 2722.

Contact info

Conclusion

  In conclusion, Yellow River Securities offers a regulated and transparent platform for trading stocks, catering to the needs of individual, joint, and corporate investors. While its fee structure is transparent, including negotiated commissions for telephone trading, and it provides a variety of account options, such as individual, joint, and corporate accounts, it has limitations such as offering only stocks for trading and imposing a late payment fee for cash customers.

  Now, the ball's in your court when it comes to choosing whether to go with this broker or explore other options. Hopefully, this review has shed some light on your decision-making process.

FAQs

  Is Yellow River Securities suitable for beginners?

  Yellow River Securities can be suitable for beginner investors who are interested in trading stocks.

  Is Yellow River Securities legit?

  Yes, Yellow River Securities is regulated by SFC.

  What types of accounts does Yellow River Securities offer?

  Yellow River Securities offers Individual, Joint, and Corporate accounts.

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.

Others

Registered region

China Hong Kong

Years in Business

5-10 years

New Stock Trading

Yes

Regulated Countries

1

Products

Stocks

Client Support

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