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興旺證券

China Hong Kong 15-20 years
Regulated in China Hong KongOptionsCommission 0.25%

http://www.hwstock.com/

Website

Time Machine

Rating Index

Brokerage Appraisal

Influence

D

Influence Index NO.1

coverChina

Products

2

Investment Advisory Service、Stocks

http://www.hwstock.com/
香港金鍾道95號統一中心 19字樓A&B室

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. 01123

Closed

Brokerage Information

More

Company Name

Hing Wong Securities Limited

Company Abbreviation

興旺證券

Platform registered country and region

China Hong Kong

Company address

香港金鍾道95號統一中心 19字樓A&B室

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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.

Features of Brokerages

Commission Rate

0.25%

Margin Trading

YES

Regulated Countries

1

Products

2

Company Profile

HING WANG Securities
HING WANG Securities
WikiStock Rating ⭐⭐⭐⭐
Account Minimum N/A
Trading Fees Commissions: 0.25% - 0.5% of transaction amount (minimum HK$100) for Hong Kong stocks
Account Related Fees Cash Dividends Collection: 1% of total cash dividends (minimum HK$10, maximum HK$800)Registration and Transfer Fee (Stock Dividends/Stock Rights): HK$2 per lot (HK$1.5 collected by Hong Kong Settlement)Exercise of Stock Rights Warrants: HK$50 + HK$2 per lot for registration and transfer
Interests on Uninvested Cash No
Margin Interest Rates N/A
Mutual Funds Offered No
App/Platform “GoTrade2 Trading” mobile platform available
Promotion N/A

HING WANG Securities Information

  HING WANG Securities, based in Hong Kong, offers trading primarily in Hong Kong stocks. They provide a user-friendly mobile platform for real-time trading and are regulated by the Securities and Futures Commission (SFC). Services include efficient customer support and a range of tradable securities such as equities listed on the Hong Kong Stock Exchange.

  For Hong Kong stocks, commissions typically range from 0.25% to 0.5% of the transaction amount, with a minimum commission of HK$100. Other fees include government stamp duty of HK$1.00 per HK$1,000 traded and various transaction-related charges.

What is HING WANG Securities?

Pros and Cons

  HING WANG Securities offers several advantages, starting with a user-friendly mobile platform that enhances trading convenience. Investors appreciate its intuitive interface, facilitating easy navigation and real-time trading capabilities. Moreover, being regulated by the Securities and Futures Commission (SFC) instills confidence among clients regarding compliance and security standards. This regulatory oversight ensures that trading activities are conducted within established legal frameworks, fostering trust and reliability.

  However, the brokerage faces drawbacks such as higher minimum commissions of HK$100 for smaller trades, which deter investors looking to execute lower-value transactions. Another limitation is the firm's focus primarily on the Hong Kong market, resulting in limited availability of international securities. Additionally, the lack of comprehensive educational resources poses a challenge for investors seeking in-depth market insights and strategic guidance.

Pros Cons
User-friendly mobile platform Higher minimum commission for small trades
Regulated by Securities and Futures Commission (SFC) Limited availability of international markets
Efficient customer support Lack educational resources
Official website in Chinese only

  

Is HING WANG Securities Safe?

  •   Regulations:

  •   HING WANG Securities holds one securities license issued by the Securities and Futures Commission (SFC), specifically a Securities Trading License with License No. AAD938. This license indicates that HING WANG Securities is regulated by the SFC in accordance with the regulatory requirements applicable to securities trading activities.

    Regulations
    •   Funds Safety:

    •   HING WANG Securities does not provide insurance coverage for customer account balances. As a brokerage regulated by the Securities and Futures Commission (SFC) in Hong Kong, customer funds are subject to regulatory safeguards but are not insured under deposit protection schemes.

      •   Safety Measures:

      •   HING WANG offers encryption protocols to protect data integrity during transmission and storage. The platform employs multi-factor authentication to prevent unauthorized access to accounts, ensuring user identity verification. Regular security audits and updates mitigate potential vulnerabilities. Additionally, as a regulated entity under the Securities and Futures Commission (SFC) in Hong Kong, HING WANG Securities adheres to stringent regulatory standards for financial and operational security.

        What are Securities to Trade with HING WANG Securities?

          HING WANG Securities primarily offers trading in Hong Kong stocks, providing access to a wide range of equities listed on the Hong Kong Stock Exchange.

          Investors can engage in real-time trading activities and participate in initial public offerings (IPOs) within the Hong Kong market.

        HING WANG Securities Accounts

          HING WANG Securities offers different account types tailored to meet the needs of various investor groups.

          For individual and joint accounts, applicants must provide Hong Kong identity cards or passports, along with proof of address issued within the last three months (such as utility bills, bank statements, or government tax notices). These accounts are suitable for individual investors or families looking to manage personal investments efficiently.

          For corporate accounts, the requirements include identification documents of authorized signatories or directors, company registration certificates, articles of association, business registration certificates, and records of board meetings or lists of registered directors/members. These accounts serve businesses and corporate entities seeking to manage investments and conduct trading activities within regulatory frameworks.

        HING WANG Securities Accounts

        HING WANG Securities Fees Review

        •   Commissions and Fees

          Commission Fees: Hong Kong Stocks

        •   Brokerage Commission: 0.25% - 0.5% of transaction amount (minimum HK$100)

        •   Government Stamp Duty: HK$1.00 for every HK$1,000 traded

        •   Trading Levy: 0.0027% of transaction amount

        •   Transaction Fee: 0.00565% of transaction amount

          Comparing these fees with popular brokers in Hong Kong, the brokerage commission range of 0.25% - 0.5% for HING WANG Securities falls within the average category.

          Account Related Fees:

        •   Cash Dividends Collection: 1% of total cash dividends (minimum HK$10, maximum HK$800)

        •   Registration and Transfer Fee (Stock Dividends/Stock Rights): HK$2 per lot (HK$1.5 collected by Hong Kong Settlement)

        •   Exercise of Stock Rights Warrants: HK$50 (plus HK$2 per lot for registration and transfer)

        •   Exercise of Warrants/Convertible Warrants: HK$50 (plus HK$2 per lot for registration and transfer)

        •   Unconditional/Conditional Cash Offers: 0.25% of total amount or minimum HK$10, maximum HK$800 (plus HK$2 per lot for registration and transfer)

          When evaluating these account related fees, they are generally in line with industry standards in Hong Kong, offering a mix of fixed and percentage-based charges for various services.

        Fee Type Details
        Commission Fees
        Brokerage Commission 0.25% - 0.5% of transaction amount (minimum HK$100)
        Government Stamp Duty HK$1.00 per HK$1,000 traded
        Trading Levy 0.0027% of transaction amount
        Transaction Fee 0.00565% of transaction amount
        Account Related Fees
        Cash Dividends Collection 1% of total cash dividends (minimum HK$10, maximum HK$800)
        Registration and Transfer Fee (Stock Dividends/Stock Rights) HK$2 per lot (HK$1.5 collected by Hong Kong Settlement)
        Exercise of Stock Rights Warrants HK$50 + HK$2 per lot for registration and transfer
        Exercise of Warrants/Convertible Warrants HK$50 + HK$2 per lot for registration and transfer
        Unconditional/Conditional Cash Offers 0.25% of total amount or minimum HK$10, maximum HK$800 + HK$2 per lot for registration and transfer
        Stock Transfer Fees
        Stock Transfer (post-transfer) HK$5 per stock (minimum HK$50)
        Other Fees
        Cash Dividend/Stock Dividend Collection 1% of total cash dividends (minimum HK$10, maximum HK$800)
        Stock Exercise Fee HK$50 + HK$2 per lot for registration and transfer
        HING WANG Securities Fees Review

        HING WANG Securities App Review

          HING WANG Securities offers the “GoTrade2 Trading” mobile application, as an enhanced multi-market platform.

          It features a user-friendly interface with real-time market updates and trading capabilities. Key functionalities include conditional orders, online subscription for new shares, statement downloads, real-time price alerts for Hong Kong stocks, and efficient fund withdrawals and deposits.

          To download, visit the official website at www.2gotrade.com or contact customer service at +852 2232 0300 or CS@2gotrade.com for more information.

        HING WANG Securities App Review

        Research & Education

          HING WANG Securities offers educational resources and research reports that include daily commentary, IPO recommendations, trading strategies, and other relevant information. These resources are crucial for investors seeking informed decision-making.

        Customer Service

          HING WANG Securities provides customer support through various channels.

          For online trading services, clients can contact them at (852) 2155 1228. Their settlement department can be reached at (852) 2529 8881 (extensions 61 and 62). They are available from Monday to Friday during regular business hours.

          For additional inquiries, customers can email info@hwstock.com. Their office is located at Units A&B, 19/F, United Centre, 95 Queensway, Hong Kong. Fax communication is also available at (852) 2527 6321.

        Customer Service

        Conclusion

          In conclusion, HING WANG Securities, with its focus on trading Hong Kong stocks and regulated status under the Securities and Futures Commission (SFC), appeals primarily to local investors seeking to navigate the Hong Kong Stock Exchange. The platform's user-friendly “GoTrade2 Trading” mobile app facilitates convenient real-time trading, albeit with higher minimum commissions for smaller transactions.

          However, the absence of mutual funds and a Mandarin-only website limit accessibility for non-Chinese-speaking investors, underscoring its suitability primarily for Mandarin-speaking local investors interested in Hong Kong equities.

        FAQs

        •   Is it safe to trade on HING WANG Securities?

          •   HING WANG Securities is regulated by the Securities and Futures Commission (SFC), ensuring compliance with stringent security and financial regulations, thus providing a secure trading environment.

            •   Is HING WANG Securities a good platform for beginners?

              •   Yes, HING WANG Securities offers a user-friendly mobile trading app and efficient customer support, making it suitable for beginners looking to start trading in Hong Kong stocks.

                •   Is HING WANG Securities legit?

                  •   Yes, HING WANG Securities is a legitimate brokerage firm regulated by the Securities and Futures Commission (SFC) in Hong Kong, ensuring it operates within established legal frameworks.

                    •   Is HING WANG Securities good for investing/retirement?

                      •   HING WANG Securities primarily focuses on trading Hong Kong stocks, making it suitable for investors interested in the Hong Kong market for investment purposes, though specific retirement planning advice may require additional financial consultation.

                      • 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

15-20 years

Products

Investment Advisory Service、Stocks

Client Support

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