Po Kay Securities & Shares Company Limited

Po Kay Securities & Shares
WikiStock Rating	⭐⭐⭐⭐
Account Minimum	N/A
Trading Fees	Hong Kong stocks: 0.18% to 0.25% based on transaction amountForeign stock 0.25% to 0.4%
Account Related Fees	CCASS Stock Settlement Fee 0.005% of transaction amount, min HK$5, max HK$300Settlement Instruction Fee 0.002% on stock market value, min HK$3, max HK$300Custody fee: 0.05% p.a. of Australia stock portfolio value
Interests on Uninvested Cash	N/A
Margin Interest Rates	N/A
Mutual Funds Offered	No
App/Platform	Web-based trading platform; no mobile app available
Promotion	Yes

Po Kay Securities & Shares Information

　　Po Kay Securities & Shares, based in Hong Kong, offers a range of tradable securities including Hong Kong stocks, Singapore, Australia, and US shares, alongside stock options.

　　They provide commission rates for Hong Kong stocks (0.18% to 0.25%) and a transparent fee structure covering stamp duty, trading fees, and custody fees. Regulated by the Securities and Futures Commission (SFC), Po Kay Securities & Shares ensures compliance with regulatory standards.

Pros and Cons

　　Po Kay Securities & Shares offers standard commission rates for Hong Kong stocks, ranging from 0.18% to 0.25% based on transaction amounts. This fee structure is favorable compared to industry standards, making it cost-effective for investors to trade in the Hong Kong market. The brokerage provides a wide selection of tradable securities, including Hong Kong stocks, Singapore, Australia, and US shares, as well as options trading. Being regulated by the Securities and Futures Commission (SFC) ensures that Po Kay Securities & Shares adheres to regulatory standards, providing a level of security and trust for investors.

　　However, a notable drawback is the absence of a mobile trading app, limiting the flexibility and convenience for traders who prefer to manage their investments on the go. Additionally, while the brokerage offers access to real-time market data and basic trading tools, it relies on external educational resources, such as the SFC and Investor Education Centre, for investor education.

Is Po Kay Securities & Shares Safe？

• Regulations

　　Po Kay Securities & Shares is regulated by the Securities and Futures Commission (SFC) and holds a Securities Trading License with License No. AAD452. This license authorizes Po Kay Securities & Shares to engage in securities trading activities under the oversight and regulations set forth by the SFC.



• 　　Funds Safety

　　The customer's account balance at Po Kay Securities & Shares is not insured. As a brokerage regulated by the Securities and Futures Commission (SFC) in Hong Kong, they adhere to regulatory standards but do not offer account insurance coverage.

• 　　Safety Measures

　　Po Kay Securities & Shares implements robust security measures to safeguard investor interests. These include encryption protocols to protect sensitive data transmitted through their web-based platform. Additionally, Po Kay Securities & Shares may employ multi-factor authentication and regular security audits to mitigate risks associated with unauthorized access or data breaches.

What are Securities to Trade with Po Kay Securities & Shares？

　　Po Kay Securities & Shares offers a wide range of tradable securities to investors.

　　Investors can trade Hong Kong stocks with competitive commission rates based on transaction amounts, ensuring flexibility for both small and large-scale investments.

　　The brokerage facilitates trading in foreign stocks, including Singapore, Australia, and U.S. shares, providing access to international markets.

　　Additionally, Po Kay Securities & Shares supports stock options, allowing investors to engage in derivatives trading with defined commission rates and exercise fees.



Po Kay Securities & Shares Accounts

　　Po Kay Securities & Shares offers individual & joint accounts and corporate account.

　　Individual & Joint Account

　　Po Kay Securities & Shares offers individual and joint accounts, suitable for retail investors and small groups of individuals looking to invest in various financial instruments. These account types are suitable for individuals who prefer to manage their investments independently or jointly with family members or business partners. Individual accounts provide a personalized approach, allowing investors to make decisions based on their own financial goals and risk tolerance. Joint accounts, on the other hand, accommodate multiple account holders who wish to pool their resources for investment purposes, facilitating collaborative investment strategies while maintaining separate ownership and accountability.

　　Corporate Account

　　The corporate account option at Po Kay Securities & Shares is designed for businesses and corporate entities seeking to invest in financial markets. This account type is suitable for corporations, partnerships, and other legal entities looking to manage corporate funds, conduct business-related investments, or engage in strategic financial planning. Corporate accounts typically offer tailored services including access to corporate advisory services, institutional trading platforms, and specialized reporting capabilities.



Po Kay Securities & Shares Fees Review

• 　　Hong Kong Stock

　　Commission:

　　Po Kay Securities & Shares charges commission based on transaction amount tiers:

• 　　Below CNY/HK$250,001: 0.25%

• 　　CNY/HK$250,001 - 500,000: 0.225%

• 　　CNY/HK$500,001 - 1,000,000: 0.2%

• 　　Above CNY/HK$1,000,000: 0.18%

　　Minimum commission per transaction is CNY/HK$100.

　　Stamp Duty:

　　0.1% of transaction amount, rounded up to the nearest dollar.

　　SFC Transaction Levy:

　　0.0027% of transaction amount, rounded to the nearest cent.

　　HKEX Trading Fee:

　　0.00565% of transaction amount, rounded to the nearest cent.

• 　　Foreign Stock

　　Singapore Shares:

• 　　Commission: 0.5% of transaction amount, with a minimum of USD 20.

• 　　Clearing Fee: 0.0325% of transaction amount, with a minimum of USD 10.

• 　　SGX SI Fee: USD 0.26 per transaction.

• 　　Dividend Collection Fee: 1% on net dividend amount (Min HKD 50, Max HKD 300) plus handling fee.

　　Australia Shares:

• 　　Commission: 0.4% of transaction amount, minimum AUD 45.

• 　　Dividend Collection Fee: AUD 7.

• 　　Custody Fee: 0.05% p.a. of Australia stock portfolio value, minimum AUD 1 per month.

　　US Shares:

• 　　Commission: 0.25% of transaction amount (below USD 15,000), 0.20% (USD 15,000 or above), minimum USD 20 per order.

• 　　Dividend Collection Fee: 3% on dividend amount (Min USD 8, Max USD 80).

　　Stock Option Fees

　　Commission:

• 　　Brokerage: Premium x share quantity x 0.25%, minimum HKD 100.

　　Exercise Fees:

• 　　Brokerage for Exercise/Assign: Exercise price x No. of contract x lot size x 0.25%, minimum HKD 100.

• 　　Government Stamp Duty: HKD 1 per HKD 1,000 transaction amount.

• 　　Transaction Levy: 0.003% of transaction amount.

• 　　Transaction Fee: 0.005% of transaction amount.

　　Po Kay Securities & Shares' fees for Hong Kong, foreign stocks, and stock options are aligned with industry standards. For Hong Kong stocks, the commission rates are aligned with industry standards, providing a balance between cost and service. Foreign stock commissions vary but generally reflect market norms. Stock option fees are structured with transparent pricing.

HongKong Stock Fee Type	Details
Trading Fees	Competitive rates for Hong Kong stocks: 0.18% to 0.25% based on transaction amount.
Stamp Duty	0.1% of transaction amount, rounded up to the nearest dollar.
SFC Transaction Levy	0.0027% of transaction amount, rounded to the nearest cent.
HKEX Trading Fee	0.00565% of transaction amount, rounded to the nearest cent.
FRC Transaction Levy	0.00015% of transaction amount, rounded to the nearest cent.
CCASS Stock Settlement Fee	0.005% of transaction amount, min HK$5, max HK$300.
Physical Stock Deposit	HK$5 per transfer deed.
Physical Stock Withdrawal	HK$5 per board/odd lot per stock, min HK$50.
Lost of Physical Scrip Withdrawal Receipt	HK$50 per case.
Settlement Instruction Fee	Free for stock deposit and withdrawal; 0.002% on stock market value, min HK$3, max HK$300.
Investor Settlement Instruction Fee	HK$50 handling charge per stock.
Dividend Collection	0.5% on dividend amount, min CNY/HK$20, plus CNY/HK$2.5 per board/odd lot.
Rights/Bonus Issue Fee	CNY/HK$2.5 per lot + HK Clearing charges.
Dividend Claim	10% on dividend amount claimed, min CNY/HK$200, plus HK$200 clearing charges.
Bonus Claim	CNY/HK$200 + HK Clearing charges.
Cash Offer/Priavatization/Unconditional Cash Offer Fee	0.125% of gross consideration, min CNY/HK$100, max CNY/HK$2500 + Corporate Actions Fee CNY/HK$1.20 per lot.



Po Kay Securities & Shares Trading Platform Review

　　Po Kay Securities & Shares offers an online trading platform accessible via web browsers. This platform enables investors to trade Hong Kong stocks and other securities, providing essential features such as order management, real-time market data, and portfolio tracking. The platform is user-friendly, designed to accommodate both novice and experienced traders with intuitive navigation and essential trading functionalities.



Research & Education

　　Po Kay Securities & Shares doesn't provide educational resources itself. Investors are encouraged to visit the Securities and Futures Commission (SFC) and Investor Education Centre (IEC) websites for comprehensive investment education and regulatory information.



Customer Service

　　For customer support, Po Kay Securities & Shares offers several contact options.

　　You can reach them via postal mail at 14/F, Grand Building, 15-18 Connaught Road, Central, Hong Kong. Alternatively, you can send a facsimile to (852) 2845 2240 or speak directly to a customer service officer by calling (852) 2868 3811.

　　For inquiries via email, you can contact their Customer Service Department atdealer@pokayonline.com.hk.



Conclusion

　　In conclusion, Po Kay Securities & Shares offers a competitive fee structure and a wide range of tradable securities, including Hong Kong stocks and international shares. The platform is suitable for investors seeking cost-effective trading opportunities in the Hong Kong market and beyond. However, potential users should consider the absence of a mobile trading app and the reliance on external educational resources. The brokerage's regulatory oversight by the Securities and Futures Commission provides a level of trust and security.

FAQs

• 　　Is Po Kay Securities & Shares a safe platform to trade on？

• 　　Po Kay Securities & Shares is regulated by the Securities and Futures Commission (SFC), ensuring compliance with stringent regulatory standards that prioritize investor protection.

• 　　Is Po Kay Securities & Shares a good platform for beginners？

• 　　Po Kay Securities & Shares offers a user-friendly web-based trading platform and basic trading tools, making it accessible for beginners to start trading stocks and other securities.

• 　　Is Po Kay Securities & Shares a legitimate platform？

• 　　Yes, Po Kay Securities & Shares is a legitimate brokerage firm regulated by the Securities and Futures Commission (SFC) in Hong Kong, providing a secure environment for trading activities.

• 　　Is Po Kay Securities & Shares suitable for investing or retirement planning？

• 　　Po Kay Securities & Shares offers a wide range of tradable securities and competitive commission rates, making it suitable for investors looking to build diversified portfolios for investing or retirement purposes. However, users should conduct their own research and consider their individual financial goals and risk tolerance.

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.