電訊證券

Telecom King
WikiStocks Rating	⭐⭐⭐
Fees	Brokerage Commissions:0.15%（Smart phone and Online:0.05%)
Account Fees	Free
Interests on uninvested cash	1.39%
Mutual Funds Offered	Yes
Platform/APP	Telecom Pro (Web-based Trading Platform,IOS,Android)

Telecom King Information

　　Telecom King offers a robust trading experience with brokerage commissions at 0.15%（Smart phone and Online:0.05%), free account fees, and 1.39% interest on uninvested cash.

　　It supports mutual funds and uses the Telecom Pro platform on web, iOS, and Android. However, it lacks promotional offers. Similarly, Telecom Digital Securities provides online trading, mobile/web stock quotes, and specializes in Hong Kong stocks and futures.

　　Its user-friendly online services and customer support are highlights, though it also lacks promotions.

Pros & Cons

　　Pros:

　　Telecom King is regulated by the SFC, ensuring a secure trading environment. It offers low commissions at 0.15%, which is lower than many competitors. The platform is unique and available in multiple versions, providing flexibility and convenience for users. Additionally, it supports multiple tradable securities, including stocks, futures, and options, making it a versatile choice for investors.

　　Cons:

　　However, Telecom King does not offer access to global markets, limiting investment opportunities to local ones. The only method available for withdrawing money is through bank transfer, which will not be convenient for all users. Despite its robust offerings, the lack of promotional offers and limited withdrawal options are notable drawbacks.

Is Telecom King Safe？

　　Regulations:

　　Telecom King is regulated by the Hong Kong Securities and Futures Commission (SFC), an independent statutory body established in 1989. The SFC is responsible for regulating Hong Kong's securities and futures markets, ensuring their integrity and soundness. The regulatory status of Telecom King as listed on WikiFX is “regulated,” with license number API286.

　　Funds Safety:

　　Telecom King ensures the safety of client funds by keeping them in segregated accounts, separate from the company's operational funds. This segregation helps protect clients' assets in the event of the company's financial difficulties. However, specific details regarding insurance coverage for clients' account funds are not provided, which will be a point of concern for some investors.

　　Safety Measures:

　　Telecom King employs robust encryption technologies to secure the storage and transmission of funds and personal data. The company adheres to the Personal Data (Privacy) Ordinance, ensuring the collection, processing, and storage of personal information are conducted securely. Additional safety measures include account protection protocols to prevent unauthorized access and the leakage of user information. Clients are advised to be cautious when transmitting personal data electronically due to potential vulnerabilities in electronic communications.

What are securities to trade with Telecom King？

　　Telecom King offers a variety of securities for trading, meeting diverse investment needs.

　　Hong Kong Stocks :

　　Telecom King offers trading in Hong Kong stocks, providing access to a broad array of shares listed on the Hong Kong Stock Exchange. Investors can choose from various sectors, including finance, technology, and real estate, allowing them to build diversified portfolios and capitalize on the growth of the Hong Kong market.

　　Hong Kong Futures :

　　The platform also supports trading in Hong Kong futures, enabling clients to engage in futures contracts based on underlying assets in the Hong Kong market. This allows investors to hedge against potential market movements or speculate on future price changes, offering additional strategies for managing risk and optimizing returns.

　　Options:

　　In addition to stocks and futures, Telecom King provides the ability to trade options. This includes both call and put options, which give investors the flexibility to hedge existing positions or speculate on the direction of underlying securities. Options trading can enhance investment strategies by offering leverage and risk management tools.

　　Mutual Funds:

　　Telecom King also offers a selection of mutual funds, providing a managed portfolio of stocks, bonds, or other securities. This option is ideal for investors seeking professional management and diversification, as mutual funds pool resources from multiple investors to invest in a diversified set of assets, spreading risk and potentially increasing returns.

Telecom King Fee Review

　　Telecom King offers competitive fees and services for trading securities, physical stock handling, information services, account management, corporate actions, lending, futures, and options, ensuring a robust and versatile trading experience.

　　Securities Trading Services:

　　Telecom King charges brokerage commissions of 0.15% for phone orders (minimum HKD 50) and 0.05% for online and mobile orders (minimum HKD 25). Additional fees include a 0.1% stamp duty, 0.0027% transaction levy, 0.00565% trading fee, 0.00015% Financial Secretary trading levy, and a 0.005% settlement fee (minimum HKD 5, maximum HKD 100).

　　Physical Stock and Settlement Services:

　　For physical stock transfers, there is a stamp duty of HKD 5 per share/transfer form and a withdrawal fee of HKD 3.50 per lot plus a HKD 100 handling fee (minimum HKD 30). Settlement instructions are free for transfers in, while transfers out cost HKD 500 per stock. Investor settlement instructions have similar fees with a 0.01% charge of the previous day's closing price (minimum HKD 20, maximum HKD 500).

　　Information Services:

　　Telecom King offers real-time stock quotes through Telecom PRO and AASTOCKS. Telecom PRO Level 1 quotes cost HKD 88 per month (originally HKD 128), Level 2 quotes HKD 228 per month (originally HKD 268), and Level 2 plus futures quotes HKD 258 per month (originally HKD 298). AASTOCKS real-time quotes are HKD 380 per month, and real-time plus futures quotes are HKD 405 per month.

　　Account Services:

　　Custody and inactive account fees are free. Mailing daily or monthly statements costs HKD 30 per month.

　　Agent Services and Corporate Actions:

　　Fees for stock registration and transfer are HKD 1.50 per lot, with a 0.5% fee for cash dividend collection (minimum HKD 20, maximum HKD 10,000). Services like bonus share collection and rights issue handling cost HKD 1 per lot (minimum HKD 20), while shareholder meeting attendance costs HKD 30 per person.

　　Lending and Other Services:

　　IPO subscription handling fees are HKD 50 per application via phone and HKD 25 electronically. Re-issuance of statements costs HKD 30 (last three months) or HKD 100 (beyond three months). Overdue interest on cash accounts is HSBC Prime Rate plus 5%. Bank service charges include HKD 100 for returned cheques and HKD 150 for telegraphic transfers.

　　Futures Commission, Fees, and Margin:

　　Futures trading involves various fees per contract, such as HKD 20 commission for Hang Seng Index futures, along with exchange fees, SFC levies, and other charges. Margin requirements for futures range from HKD 73,150 initial margin for Hang Seng Index futures to HKD 6,251 for mini H-shares Index futures, with maintenance margins slightly lower.

　　Options Fees and Margins:

　　Options trading fees are based on a percentage of the option premium, with specific rates for different types of options. Margins for options are calculated using the Standard Portfolio Analysis of Risk (SPAN) method.

Telecom King Trading Platrform Review

　　Telecom PRO Gold Shares Supreme is a robust trading platform offered by Telecom Digital Group, available for free download on the App Store and Google Play Store. It features real-time stock quotes, professional charting tools, various order types (Enhanced Limit Order, Limit Order, Special Limit Order, Auction Order), and monitoring of up to 100 columns of stocks, indexes, and more. The platform supports real-time trading with direct access to the Hong Kong brokerage electronic trading system, global index futures, forex rates, and detailed financial news.

Research & Education

　　Telecom Digital Securities Limited offers a suite of tools and resources designed to support investors in making informed decisions. The platform provides real-time streaming quotations, detailed market dynamics, and access to a broad range of Hong Kong stocks.

　　Customers can utilize online and mobile quotations to stay updated with the latest market trends. The website features a News Center for the latest financial news and updates.

　　Additionally, the platform offers various customer services, including detailed information on commissions, fees, payment, and stock withdrawal methods. There is also an FAQ section to address common inquiries, ensuring that users have the necessary support and information to navigate the trading environment effectively.

Customer Support

　　Telecom Digital Securities Limited offers customer support through various channels. Their main office is located at Room A, 10/F, Yan Hao International Center, 1 Sheung Yuet Road, Kowloon Bay, Kowloon, Hong Kong. Customers can contact them via telephone at (852) 8118-1133 or (852) 7333-1133, and fax at (852) 8118-0033 or (852) 2418-2323.

　　The office hours are Monday to Friday from 08:45 AM to 05:45 PM. For securities trading assistance, customers can call the hotline at (852) 8118-2233 or (852) 7333-2233.

　　Technical support is available at (852) 8118-3288 or (852) 7333-3288. Additionally, inquiries can be sent via email to info@81181133.com, and there is a dedicated service hotline at (852) 2131 9889.

Conclusion

　　Telecom Digital Securities Limited, a member of Telecom Digital Group, provides a online securities trading platform with robust customer support and a wide range of tradable securities, including Hong Kong stocks and futures.

　　The platform features real-time streaming quotations, detailed market insights, and user-friendly mobile and web interfaces, making it a versatile choice for investors.

　　Additionally, the company offers competitive fees, professional charting tools, and extensive educational resources to help clients make informed trading decisions.

FAQs

• How can I open an account with Telecom Digital Securities？
• You can open an account online through their website.
• What are the trading hours for Telecom Digital Securities？
• The trading hours are Monday to Friday from 08:45 AM to 05:45 PM.
• How can I contact customer support for technical issues？
• You can contact technical support at (852) 8118-3288 or (852) 7333-3288.

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.