Innovax

What is Innovax Online？

　　Innovax Online is a financial services company based in Hong Kong, regulated by the SFC, and has been operational for 5 to 10 years.

　　The company specializes in various traAding services including securities trading, IPO subscription, margin financing, and futures trading. Innovax Online is also involved in corporate finance and equity capital markets, highlighting its achievements and track record in these areas.

　　For trading, they offer a mobile platform called Innovax Securities for both Android and iOS users, and they charge a commission of 0.25% per trade. Customer support is accessible via phone, fax, and dual email addresses. Additionally, they provide educational resources with a focus on research to assist their clients.

Regulatory Status

　　Several companies under the Innovax brand hold licenses issued by the SFC, demonstrating their compliance with regulatory standards. These companies include:

• 　　Innovax Capital Limited - License No. BDT371, effective from February 25, 2015, regulated offering services in Stocks.



• 　　Innovax Securities Limited - License No. BHV052, effective from April 19, 2017, with a business scope similar to Innovax Capital, including Stocks,Investment Advisory Service.



• 　　Innovax Futures Limited - License No. BNS087, effective from June 28, 2019, is also authorized to operate in Futures.



• 　　Innovax Asset Management Limited - License No. BIB970, effective from April 13, 2017, permitted to manage ETFs,Securities Lending Fully Paid,Mutual Funds.



　　

Pros & Cons

Pros	Cons
Low Rates and Fees	Not 24/7 support
Regulated by Popular authorities	No Promotion Reward
Multiple Tradable Assets
Easy To Beginners
Diverse Trading Platform Versions
Experienced Institution

　　Pros:

　　Innovax Online offers low rates and fees, and is regulated by reputable authorities. It provides a broad range of tradable assets, user-friendly platforms suitable for beginners, and various platform versions for different needs. The company is also recognized for its experience in the industry.

　　Cons:

　　However, Innovax Online does not provide 24/7 customer support, potentially limiting assistance for global traders. Additionally, it lacks promotional rewards, which attracts new clients looking for initial trading incentives.

Tradable Securities

　　Innovax offers a range of tradable securities and services, including:

　　Securities Trading: Innovax provides various securities trading services, being licensed by the SFC to engage in Type 1 (dealing in securities) and Type 4 (advising on securities) activities. As participants in the Stock Exchange and direct clearing participants of the HKSCC, they offer robust brokerage services and expert advice.



　　IPO Subscription: Innovax actively participates in the Hong Kong IPO market, offering clients up to 95% financing for IPO subscriptions. This service facilitates easy participation in initial public offerings, enhancing clients' investment opportunities.



　　Margin Financing: Clients at Innovax can use the stocks in their margin accounts as collateral to borrow funds for investment, enhancing their purchasing power. This service allows clients to leverage their positions to maximize potential returns in a rapidly changing market.

　　Futures Trading: Licensed to carry out Type 2 regulated activities, Innovax offers futures trading services. This includes brokerage services for trading in futures contracts, providing clients with another avenue to diversify and manage their investment portfolio.

Services

　　Innovax Online offers a range of specialized services tailored to meet the needs of diverse traders.

　　Corporate Finance: Innovax provides extensive corporate finance advisory services, focusing on financial and independent financial advisory services. These include IPO sponsorship for companies listing on the Main Board and GEM of the Stock Exchange, financial advisory concerning transaction terms and structures, and compliance advisory for post-listing matters. Their team of over 20 professionals with deep industry experience underpins their advisory capacity.

　　Our Track Record: Innovax boasts a prominent track record, having completed 35 IPO sponsorship projects and numerous mergers and acquisitions, financial advisories, and compliance advisories. Additionally, they have participated in 82 placing and underwriting projects, raising over HK$104 billion, showcasing their remarkable underwriting capabilities and extensive market involvement.



　　Equity Capital Market: Innovax leverages a strong investor base, including institutional, high net-worth, and retail investors, to offer various equity capital market services. They operate as global coordinators, bookrunners, lead managers, underwriters, and placing agents in various capacities for IPOs, private equity fundraisings, new share issues, and rights issues. Their well-established distribution channels and networks enhance their service delivery.

Commissions and Fees

　　The fee structure for Hong Kong Stock Trading through Innovax Securities includes the following:

Fee Type	Rate	Minimum Fee	Maximum Fee	Paid By
Securities Trading Commission	0.0025	HK$100	-	-
Transaction Levy (SFC)	0.000027	-	-	-
Transaction Levy (AFRC)	0.000001	-	-	Buyer & Seller
Trading Fee (SEHK)	0.0000565	-	-	-
Stamp Duty	0.001	HK$1	-	Buyer & Seller
CCASS Fee	0.00008	HK$2	HK$100	-

　　Securities Trading Commission Fee: Innovax Securities charges a commission fee of 0.25% on the transaction amount for securities trading. The minimum charge for any transaction is HK$100, ensuring that smaller trades are still economically viable for the trader.

　　Transaction Levy by SFC: A levy imposed by the Securities and Futures Commission (SFC) amounts to 0.0027% of the transaction value. This fee is part of the regulatory framework to fund the operations of the SFC.

　　Transaction Levy by AFRC: The Agriculture, Fisheries and Conservation Department (AFRC) charges a levy of 0.0001% on the transaction amount, rounded to the nearest cent. This levy is paid by both the buyer and seller, contributing to the department's funding.

　　Trading Fee bycc SEHK: The Stock Exchange of Hong Kong (SEHK) imposes a trading fee of 0.00565% on the transaction amount. This fee is used to cover the operational costs of the exchange and maintain the trading infrastructure.

　　Stamp Duty: Stamp duty is charged at a rate of 0.1% of the transaction amount, rounded up to the nearest dollar, with a minimum fee of HK$1. This tax is borne by both the buyer and seller and goes towards government revenues.

　　CCASS Fee: The Central Clearing and Settlement System (CCASS) fee is 0.008% of the transaction amount. This fee has a minimum of HK$2 and is capped at HK$100, facilitating the clearing and settlement of securities transactions.



Platforms

　　The trading platforms provided by Innovax Securities include:

• 　　Innovax Securities – Android APK: A mobile trading app designed for Android users, available for download as an APK file.

• 　　Innovax Securities – Android APK (Mainland customers): This is a version of the Android mobile trading app specifically tailored for customers in Mainland China, also available as an APK file.

• 　　Innovax Securities – Apple iOS: An iOS version of the Innovax Securities mobile trading app available for Apple devices, attracting users who prefer iOS software for their trading activities.



Customer Service

　　Innovax offers various customer support through multiple channels. Customers can reach their service team via a hotline at (852) 2311 6388 for immediate assistance.

　　For written inquiries or more detailed support, emails can be sent to enquiry@innovax.hk or cs@innovax.hk. Additionally, customers can send fax communications to (852) 3705 2849.

　　The customer service office is located at Unit A-C, 20/F, Neich Tower, 128 Gloucester Road, Wanchai, Hong Kong, providing a physical address for in-person queries or official correspondence.



Support Type	Contact Information	Details
Hotline	(852) 2311 6388	For immediate phone support.
Address	Unit A-C, 20/F, Neich Tower, 128 Gloucester Road, Wanchai, Hong Kong	Physical location for in-person queries or official correspondence.
Email	enquiry@innovax.hk, cs@innovax.hk	For email inquiries.
Fax	(852) 3705 2849	For fax communications.

Educational Resources

　　Innovax Securities provides a robust suite of educational resources focused on market research and investment strategies.

　　Their offerings include daily updates, investment outlook reports from various years, and regular video content that discusses market trends, economic data, and investment opportunities.

　　These educational materials are designed to assist both novice and experienced investors in making informed decisions.

　　The videos and reports are accessible through various channels, including their website and social media platforms like Facebook and YouTube, enhancing the reach and engagement with their audience.



Conclusion

　　Innovax Securities provides a various array of financial services, including various trading options, investment banking, and a wide range of educational resources aimed at enhancing investor knowledge and decision-making.

　　Their customer support is well-structured with multiple contact points, and they leverage advanced mobile platforms to attract both Android and iOS users.

　　The organization is actively engaged in updating and educating its clientele through daily updates, annual investment outlooks, and interactive media content on social media platforms.

FAQs

　　Question: What are the trading platforms available at Innovax Securities？Answer: Innovax Securities offers mobile trading apps for both Android (including a specific version for Mainland China customers) and iOS devices.

　　Question: How can I contact Innovax Securities for customer support？Answer: You can contact them via their hotline at (852) 2311 6388, email at enquiry@innovax.hk or cs@innovax.hk, or fax at (852) 3705 2849.

　　Question: What type of educational resources does Innovax Securities provide？Answer: Innovax Securities provides daily updates, yearly investment outlook reports, and video content on market trends and investment strategies.

　　Question: Are there specific fees associated with trading at Innovax Securities？Answer: Yes, Innovax Securities charges a commission fee of 0.25% on transactions, along with other fees such as SFC transaction levies, trading fees by SEHK, stamp duties, and CCASS fees.

　　Question: Can I participate in IPOs through Innovax Securities？Answer: Yes, Innovax Securities actively participates in the Hong Kong IPO market and offers up to 95% financing for IPO subscriptions to their clients.