Through Delta Asia Securities Limited (“DAS”), we offer services include securities brokerage services, securities trading services and securities margin trading services to our clients. DAS is a licensed corporation with Hong Kong Securities and Futures Commission and an Exchange Participant of the Stock Exchange of Hong Kong Limited. We provide one-stop services to retail and institutional investors. Together with essential financial information, our trading platform provides you with reliable and convenient stock trading services.
What is Delta Asia？
Delta Asia is a well-regulated brokerage firm offering a wide range of trading products, including stocks, IPOs, global stocks, futures, options, funds, and bonds. It provides a user-friendly mobile app and comprehensive market research, making it suitable for both beginners and experienced investors. However, it lacks explicit insurance coverage for customer funds and may not specify customer service hours clearly.
Pros and Cons of Delta Asia
Delta Asia Securities Limited offers a robust platform with strong regulatory oversight, a user-friendly mobile app, comprehensive market research, and various security measures, making it a good choice for both beginners and experienced investors. However, it lacks explicit insurance coverage for customer funds and may not specify customer service hours clearly.
Is Delta Asia safe？
Regulation
Delta Asia Securities Limited is regulated by the Securities and Futures Commission (SFC) of Hong Kong. This regulation ensures compliance with financial standards and practices, providing a layer of protection for investors.
Safety Measures
Delta Asia employs several security measures to protect customer accounts, including:
Strong password policies and regular password changes
Secure use of computers and mobile devices
Direct access to the Delta Asia website and apps, avoiding suspicious links
Vigilant login processes and transaction monitoring
Use of up-to-date systems and software
Adoption of reputable anti-virus programs and personal firewalls
Encrypted Wi-Fi networks and secure network functions
What are securities to trade withDelta Asia？
Delta Asia Securities Limited offers a comprehensive range of trading products to cater to the diverse needs of investors, which include:
Securities: This includes a wide array of tradable financial instruments such as stocks, preferred shares, and other equity-related securities.
IPO (Initial Public Offering): Delta Asia provides access to IPOs, allowing investors to participate in the initial offering of stocks to the public.
HK Stocks: Trading services for stocks listed on the Hong Kong Stock Exchange (HKEX), enabling investors to buy and sell shares of companies listed in Hong Kong.
Global Stocks: Delta Asia facilitates trading in international stocks, allowing investors to access markets beyond Hong Kong, such as the US, UK, and other major global exchanges.
Futures: Futures contracts are agreements to buy or sell a specified asset at a predetermined price on a future date. Delta Asia offers futures trading across various asset classes such as commodities, indices, and currencies.
Stock Options: Options are derivative contracts that give the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price within a specified time frame. Delta Asia provides options trading services for investors seeking to hedge or speculate on price movements.
Funds: Delta Asia offers access to a wide range of mutual funds and exchange-traded funds (ETFs), providing investors with diversified exposure to various asset classes and investment strategies.
Bonds: Bond trading services allow investors to buy and sell fixed-income securities issued by governments, corporations, and other entities. Delta Asia offers a selection of bonds with varying maturities and credit ratings.
Margin Financing: Delta Asia provides margin financing services, allowing clients to borrow funds to leverage their investments in securities, futures, or options, thus potentially amplifying returns but also increasing risks.
Delta Asia Accounts
Individual/Joint-Name Account
Customers can open individual or joint-name accounts through online, mail post, or at physical branches. To open this type of account, applicants need to provide several documents. These include copies of ID or passport (for China ID, both sides of the ID card are required), a valid address proof issued within the past three months (such as bank statements or utility bills), and Hong Kong bank account information with proof (e.g., a bank card bearing the account holder's name). Additionally, a cheque drawn on a Hong Kong bank for an amount no less than HK$10,000 is required, and the signature on the cheque must match the one on the stock account application form. The process involves downloading and completing the necessary forms, such as the Individual/Joint-Name account opening form, W-8BEN Form, Customer Agreement, and HK Investor Information Collection Declaration form. These forms, along with the supporting documents, need to be mailed to Delta Asia Securities Limited. The customer service team will confirm the account opening status within seven working days.
Company Account
The Company Account is designed for businesses looking to open an account with Delta Asia. This account type requires several specific documents, including board resolutions, a business registration copy, the Memorandum & Articles of Association, a record of company directors, an audited financial statement copy, and a registered address proof issued within the past three months. Additionally, the organization structure, ID or passport copies of authorized signers (for China ID, both sides of the ID card are required), company directors‘ valid address proof issued within the past three months, and the company’s Hong Kong bank account information with proof are needed. A company search report issued within the past six months and a cheque drawn on a Hong Kong bank for an amount no less than HK$10,000 are also required. The cheques signature must match the one on the stock account application form. The process involves downloading and completing the company account opening forms, including the Company account opening form, W-8BENE Form, Investment Profile Questionnaire, Guarantee Letter (for margin trading accounts), Customer Agreement, and HK Investor Information Collection Declaration form. All documents should be certified by a professional witness, such as a certified accountant, notary public, or chartered secretary. These documents must then be mailed to Delta Asia Securities Limited, and the customer service team will confirm the account opening status within seven working days.
Delta Asia Fees Review
Fees for Individual/Joint-Name Accounts
For Hong Kong stock trading, Tianda Financial charges a brokerage commission of 0.25% on gross consideration for orders placed by phone, with a minimum charge of HKD 100. For online trades, the commission is 0.20%, with a minimum charge of HKD 50. Additional fees include an SFC Transaction Levy of 0.0027% on gross consideration, an HKEX Trading Fee of 0.00565%, and an AFRC Transaction Levy of 0.00015%. The HK Stamp Duty is 0.10% on gross consideration, rounded to the nearest dollar. The CCASS Fee is 0.005% on gross consideration, with a minimum charge of HKD 5 and a maximum of HKD 1,000. Trading in the Grey Market incurs a fee of 0.30% on gross consideration, with a minimum charge of HKD 150. Force sell transactions are charged at 1% on gross consideration, with a minimum charge of HKD 500. Compulsory share buy-back fees are 0.50% on the market value of the previous closing price at the due date for the corresponding short position, plus related CCASS charges, with a minimum charge of HKD 500.
Nominee Services and Corporate Actions
The scrip fee is HKD 2.50 per board lot. The collection fee for cash or scrip dividends for stocks, funds, or bonds is 0.50% on the dividend received, with a minimum charge of HKD 30 or USD 5, and a maximum charge of HKD 10,000 or equivalent. The collection fee for a bonus issue is HKD 30 per case, and the rights issue entitlement charge is HKD 30 per case. The fee for rights subscription or warrant exercise is HKD 100 per case, plus a corporate action fee of HKD 0.8 per board lot. For excess rights application, the fee is HKD 1 per board lot. Tendering shares under a takeover bid costs HKD 100 per case, plus HKD 1 per board lot, HK Stamp Duty of 0.13% on gross consideration (rounded to the nearest dollar), and related CCASS charges. The fee for handling share consolidation or split is free. Auto-exercise or privatization incurs a fee of HKD 100 per case, plus HKD 1 per board lot and a corporate action fee of HKD 0.8 per board lot, along with related CCASS charges. Claiming unclaimed benefit entitlements costs HKD 500 per distribution plus related charges. General meeting enrollment is HKD 50 per person per stock, and voting or annual report application is HKD 50 per instruction per stock.
Scrip Handling and Settlement-Related Services
Depositing physical scrip under the name of HKSCC Nominee Ltd is free, while under the name of the client it costs HKD 5 per transfer deed. The physical scrip withdrawal fee is HKD 10 per board lot plus a handling fee of HKD 100 for each stock. Deposit transaction charges are free. For settlement instruction (SI), stock deposit is free, while stock withdrawal is charged at 0.25% on the market value of the previous closing price, with a maximum charge of HKD 300 per share. Investor Settlement Instruction (ISI) for stock deposit is free, and stock withdrawal is also 0.25% on the market value of the previous closing price, with a maximum charge of HKD 100 per share.
Financing and Securities Subscription (IPO)
For margin accounts, the financing charge is the HKD Prime rate plus 2% per annum, which is negotiable. Cash account overdue interest is charged at the HKD Prime rate plus 8% per annum. Credit balance interest is 0.10% per annum. There is no handling charge for IPO cash applications, while IPO financing applications have a handling charge of HKD 100. Financing interest for IPO applications is subject to the current market interest rate.
Capital Investment Entrant Scheme
The account maintenance and report handling fee is HKD 6,000 per year.
Fees for Company Accounts
For company accounts, the subscription fee for bonds is based on the face value with a maximum charge of 200 basis points. For certificates of deposit, the maximum charge is 50 basis points. Structured products have a maximum charge of 3%, while for funds, the charges are disclosed in the Fund Fact Sheet, Key Fact Statement, Prospectus/Explanatory Memorandum, with a maximum charge of 2%. Safe custody fees for bonds and certificates of deposit are 0.10% per annum, collected monthly. For structured products, the rate is 0.06% per annum based on the month-end structured products portfolio value, with a minimum charge of HKD 100/CNY 100/USD 10.
Handling charges include HKD 400 per transaction for bonds transfer in and HKD 500 per transaction for bonds transfer out. Coupon interest handling charges are 0.50% of the coupon amount plus related custodian charges, with a minimum charge of USD 10 or equivalent. Redemption or early redemption for bonds costs USD 30 per transaction or equivalent. Withdrawal for funds is HKD 500 per transaction, and the switching fee for funds is a maximum of 1%. Fund houses may impose a management fee and a redemption fee, with a minimum of HKD 250 for each fund if payment is made via USD Telegraph Transfer.
These fees are for reference only and may be subject to adjustments by Delta Asia Securities Limited and other associated corporations without prior notice.
Delta Asia App Review
DAS Invest Mobile Trading Platform
Delta Asia offers a comprehensive mobile trading platform designed to keep investors connected to the market with the latest trading insights at their fingertips. The platform supports 24-hour mobile futures trading, allowing users to stay updated with market trends and seize trading opportunities anytime, anywhere.
SP Trader Global Futures E-Trading Platform
The SP Trader Global Futures E-Trading Platform is a robust online trading tool ideal for both long-term investors and frequent short-term traders. It provides the following features:
Online Direct Orders: Facilitates immediate execution of trades.
Free Real-Time Stock Price Quotes: Offers live stock price updates.
Five Levels of Pricing: Provides different levels of pricing for better market insight.
Real-Time Quotes of Hong Kong Index Options: Keeps users informed with live index options prices.
Various Order Types: Includes options like stop loss limit orders and two-way limit orders.
Real-Time Confirmation of Transactions: Ensures users are instantly notified about their trade executions.
Overall Risk Management: Provides tools to manage and mitigate trading risks.
Wide Variety of Futures and Options Products: Offers access to diverse financial instruments.
Innovative and User-Friendly Interface: Designed for ease of use and efficient trading.
Note: SP Trader is currently available to clients in Hong Kong only.
SP Trader Stock Options E-Trading Platform
The SP Trader Stock Options E-Trading Platform is tailored for stock options trading, providing users with the necessary tools to stay on top of market trends and make informed trading decisions. Key features include:
Online Direct Orders: Allows for the quick execution of stock options trades.
Stock Options Price Quotes: Provides real-time price updates for stock options.
Real-Time Confirmation of Transactions: Ensures immediate notification of trade outcomes.
Overall Risk Management: Includes comprehensive tools for managing trading risks.
Innovative and User-Friendly Interface: Offers a seamless trading experience with a user-friendly design.
Note: SP Trader is currently available to clients in Hong Kong only.
Research and Eduation
Delta Asia provides comprehensive market research and educational resources through their “Client Zone” and “Market Research” sections.
Client Zone
The Client Zone offers essential tools and resources for clients, including access to trading platforms, account management services, and educational materials. This section helps clients stay informed about market trends and trading opportunities, enhancing their trading strategies and investment decisions.
Market Research
Delta Asia's Market Research section includes detailed reports and analyses on various financial markets and instruments. Key offerings include:
Market Pulse Reports: Regular updates on market trends and macroeconomic factors.
Sector Analysis: In-depth analysis of specific sectors, providing insights and forecasts.
Educational Articles: Resources to help clients understand complex financial concepts and improve their trading skills.
These resources are designed to support both novice and experienced investors by providing them with the knowledge and insights needed to make informed investment decisions (Delta Asia).
Customer Service
Delta Asia offers multiple methods for customers to contact their wealth management professionals and customer service team:
Customers are encouraged to leave their name, email address, contact number, and message for a callback. For enquiries, customers can contact Delta Asia Securities Limited (Hong Kong).
Customer service hours are not explicitly mentioned but contacting via the provided methods should ensure a timely response.
Conclusion
Delta Asia Securities Limited, regulated by the SFC, offers various financial services including securities trading, margin financing, and IPO subscriptions. It provides a user-friendly mobile trading app with real-time data and robust security measures. The company supports a wide range of investment products and comprehensive market research. Despite its advantages, it does not explicitly state insurance coverage for customer funds. Customer service is accessible through multiple channels including WhatsApp, WeChat, hotline, and email.
FAQs
Is Delta Asia Securities Limited safe to trade？
Yes, Delta Asia Securities Limited is regulated by the Securities and Futures Commission (SFC) of Hong Kong, ensuring compliance with financial standards and practices. It also employs robust security measures to protect customer accounts.
Is Delta Asia Securities Limited a good platform for beginners？
Delta Asia offers a user-friendly mobile trading app, comprehensive market research, and educational resources, making it a suitable platform for beginners.
Is Delta Asia Securities Limited legit？
Yes, Delta Asia Securities Limited is a legitimate financial services provider regulated by the SFC in Hong Kong.
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.
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