Complexity for Beginners: HK Monkey's focus on professional and sophisticated investment services can be challenging for beginners or inexperienced investors who prefer more straightforward investment options or guidance.
Is It Safe?
Regulation:
HK Monkey operates under the regulatory oversight of the China Hong Kong Securities and Futures Commission of Hongkong (SFC) with license no. BJV607, showcasing its dedication to maintaining the utmost standards in financial operations. This regulatory adherence underscores HK Monkey's commitment to integrity and credibility in its services.
Safety Measures:
HK Monkey's privacy policy underscores its commitment to safeguarding client data. With advanced encryption, firewalls, and secure data storage, it ensures data integrity.
Products & Services
HK Monkey Securities Limited offers a comprehensive suite of financial services across various categories.
Securities Trading: Empowering investors to make precise market moves, HK Monkey facilitates seamless trading across major stock markets including Hong Kong, US, Shenzhen-Hong Kong Connect, and Shanghai-Hong Kong Connect.
Bond Investments: Navigating volatile markets, HK Monkey provides a range of bond products for stable returns. With comprehensive bond agent services, including interest collection, equity exercises, and secondary market trading, investors benefit from diversified portfolios and flexible trading options.
Secondary Market Funds: As a global investment steward, HK Monkey offers professional investment management and diverse secondary market funds from renowned fund management companies.
Discretionary Investment Management: For professional investors seeking full-power investment management, HK Monkey offers discretionary investment management services.
Other Financial Products: HK Monkey provides a wide array of structured products, derivatives trading services, and asset management solutions tailored to meet specific investment goals.
Wealth Management Services: With an experienced wealth management team, HK Monkey offers tailor-made investment solutions to assess risks, diversify portfolios, and adapt to evolving financial environments.
Innovative Offerings: HK Monkey introduces innovative products like IPO Stocks Services, Discretionary Investment Management Agreements (DMA), ETF business, and Unicorn Equity Investment Services.
Fees Review
HK Monkey imposes a detailed fee structure for trading on the Hong Kong market.
Trading Transaction Charges include a commission of minimum 0.25% on the gross transaction value, negotiable but not less than HK$100.
Additionally, there are several other charges: Contract Stamp duty of 0.10%, Transaction Levy of 0.0027%, Trading Fee of 0.00565%, AFRC Transaction Fee of 0.00015%, and Clearing Fee of 0.002% (with a minimum of HK$2).
Other fees are also levied, such as Custody Related Service Charge, Stock Delivery Charge etc.
These charges ensure transparency but can significantly impact transaction costs, depending on the transaction size and frequency. Traders should consider these fees when evaluating the overall cost-effectiveness of using HK Monkey Securities for their investment activities.
For more detailed and updated info, you can visit https://www.hkmonkey.com/media/iuof2kwb/%E6%94%B6%E8%B2%BB%E8%A1%A8.pdf.
App Review
HK Monkey's trading platform is called “HK Monkey Securities Limited” and offers comprehensive market data for A-shares, Hong Kong stocks, and US stocks. Available on PC, Android, and iOS, it ensures accessibility across different devices, providing a stable and fast trading experience tailored to varying user needs. The platform prioritizes security, safeguarding all customer data with advanced encryption technology to maintain privacy and trust.
Customer Service
HK Monkey ensures accessible customer support channels for client convenience.
Clients can reach out via a contact form on the website or directly through telephone at +852 2805-5566.
Additionally, inquiries can be directed to the company's email address, info@hkmonkey.com, for prompt assistance and support.
For face-to-face interactions or deliveries, HK Monkey's physical address at Units 1903B-4, 19/F, 308 Central Des Voeux, 308-320 Des Voeux Road Central, Sheung Wan, Hong Kong, serves as a convenient point of contact. Whether seeking consultations, inquiries, or assistance regarding financial services, visitors can engage directly with the company at this location.
Conclusion
HK Monkey offers comprehensive financial services including securities trading across global markets, bond investments, secondary market funds management, and discretionary investment management. It emphasizes data security with advanced encryption and privacy policies. Innovations like IPO Stocks Services and ETF business enhance investment opportunities. Regulated by the Hong Kong Securities and Futures Commission (SFC) under license no. BJV607, HK Monkey ensures compliance and client trust in financial operations.
Frequently Asked Questions (FAQs)
Is HK Monkey regulated by any financial authority?
Yes, HK Monkey operates under the regulatory oversight of the Hong Kong Securities and Futures Commission (SFC) with license no. BJV607.
What types of products and services does HK Monkey provide?
HK Monkey offers a wide range of financial services including securities trading across global markets (Hong Kong, US, Shenzhen-Hong Kong Connect, Shanghai-Hong Kong Connect), bond investments, secondary market funds management, discretionary investment management, structured products, derivatives trading, and wealth management services, etc.
Is HK Monkey suitable for beginners?
No. HK Monkey may not be ideal for beginners due to its focus on professional and sophisticated investment services such as discretionary investment management and derivatives trading. Novice investors need more guidance and support in simpler investment options.
What are HK Monkey's innovative offerings?
HK Monkey introduces innovative products like IPO Stocks Services, ETF business, and Unicorn Equity Investment Services, leveraging big data analytics and dynamic investment strategies to enhance opportunities for wealth accumulation and preservation.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.