First Fidelity Capital ( International ) Limited “FFC”, the subsidiary of Maiden Faith Capital Group Limited, is dedicate to providing comprehensive full spectrum of financial services in Hong Kong, including HK & global securities, asset management and private wealth management.
First Fidelity Capital ( International ) Limited (“FFC”)is licensed under the Securities and Futures Ordinance to carry out Type 1 (dealing in securities), Type 4 (advising on securities) and Type 9 (asset management) regulated activities in Hong Kong. (CE No. AMS441)
What is FFC？
FFC offers a range of investment services with varying fees, from free options for certain accounts to variable fees depending on transaction types. New accounts benefit from no account fees. The interest rates on uninvested cash and margin interest rates are not specified, which may require further inquiry. FFC provides access to mutual funds, catering to diverse investment strategies. Their platform is accessible on iOS, Android, and web, ensuring convenience for users. However, FFC currently does not offer any promotions.
Pros and Cons of FFC
First Fidelity Capital (International) Limited presents several strengths, including stringent compliance with financial regulations, ensuring a secure investment environment. Their platform's availability across iOS, Android, Mac, Windows, and web offers great flexibility and convenience for users. Additionally, FFC provides a diverse range of asset types to meet various investment needs. However, there are some areas for improvement. The specific account types are not clearly outlined, and there is a lack of transparency regarding account fees, which could impact investor decision-making. Furthermore, the interest rates on uninvested cash are unspecified, potentially affecting returns on idle funds.
Is FFC safe？
First Fidelity Capital (International) Limited is a broker-dealer registered with the Securities and Futures Commission (SFC) of Hong Kong.
FFC is a member of the Hong Kong Securities and Futures Exchange (HKEx) and the Hong Kong Stock Exchange (HKSE). This means that FFC is subject to the rules and regulations of these exchanges, which are designed to protect investors. FFC also participates in the Investor Compensation Scheme (ICS) of the Securities and Futures Commission (SFC). The ICS provides protection for up to HK$1,000,000 per investor in the event of the insolvency of an SFC-licensed brokerage firm.
In addition to these regulatory measures, FFC also has a number of its own internal measures in place to protect client funds. These include:
Using a secure trading platform
Employing encryption technology to protect client data
Having a team of experienced risk managers
What are services of FFC？
FFC provides a comprehensive range of securities and investment tools designed to cater to diverse financial needs. Their offerings include underwriting and distribution services, which help clients effectively raise capital. Additionally, FFC offers robust securities services, ensuring seamless transactions and secure handling of investments. Their securities custody services further enhance client confidence by providing safe and reliable management of their assets. Moreover, FFC's insurance solutions offer an added layer of financial protection, ensuring clients' investments are well-guarded against unforeseen risks.
Underwriting and Distribution Services: Assist companies in raising capital by underwriting and distributing securities, ensuring efficient and successful market entry.
Securities Custody Services: Provide secure and reliable management of assets, ensuring safekeeping and streamlined handling of investments.
Insurance Solutions: Offer comprehensive insurance products to protect investments against unforeseen risks, providing an added layer of financial security.
FFC Accounts
FFC offers a straightforward account opening process, allowing clients to apply for a securities (cash) account. This type of account is designed for investors looking to manage their securities transactions with ease and security. By providing a dedicated cash account, FFC ensures clients have a reliable and efficient platform for executing their investment strategies and managing their financial assets effectively.
FFC App Review
FFC's mobile app is a cutting-edge and intuitive trading platform designed for on-the-go traders. It provides a comprehensive trading experience, available on iOS and Android devices, facilitating easy access to markets anytime, anywhere. In addition to the mobile app, X also offers a versatile range of platforms and tools for different devices and operating systems, including Web Trading platforms, as well as dedicated applications for Mac and Windows. This variety ensures that all users, regardless of their preferred device, can access the trading services seamlessly.
Research and Education
FFC's official web presence does not explicitly mention the availability of educational resources, analytical tools, or third-party research services. Therefore, potential clients seeking comprehensive research and educational support may need to consider this absence when evaluating FFC's overall offerings. It is advisable for clients to directly inquire with FFC for detailed information on any unlisted resources that may support their investment decisions and enhance their market understanding.
Customer Service
FFC provides robust customer support through multiple channels, ensuring accessibility and prompt assistance for their clients. Customers can reach out via email at cr@ffchk.com or info@ffchk.com for detailed inquiries and support. Additionally, FFC offers direct telephone support at (852) 3955 5000 for immediate assistance and a fax line at (852) 3702 0266 for document submissions and other needs. This multi-channel approach underscores FFC's commitment to effective and responsive customer service.
Conclusion
FFC stands out for its compliance with financial regulations and its versatile platform accessible across iOS, Android, and web. These features make it a secure and convenient choice for investors. It offers a range of investment options, including mutual funds, and provides free account fees for new accounts. However, potential investors should note the unspecified interest rates on uninvested cash and margin, as well as the lack of current promotions. FFC is well-suited for investors seeking a regulated and flexible platform, particularly those interested in mutual funds and diverse asset types.
FAQs
Is FFC safe to trade？
Yes, FFC is safe for trading. The platform is registered with relevant financial authorities, ensuring compliance with security standards.
Is FFC a good platform for beginners？
FFC is an excellent platform for beginners. With no minimum account balance required, a user-friendly interface, and educational resources, it provides new traders with a supportive environment to start their investment journey.
Is FFC legit？
Yes, FFC is a legitimate trading platform. It is fully regulated, complying with the rules and regulations of major financial oversight bodies. This assures users of the platform's integrity and reliability.
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.
China Hong Kong 
Owns 1 seat(s)
