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AVIC Securities
WikiStock Rating	⭐⭐⭐⭐
Account Minimum	N/A
Trading Fees	Commission fees capped at 0.03%
Account Related Fees	Account opening: personal ¥20 to ¥200,organizations ¥200 to ¥400
Interests on Uninvested Cash	N/A
Margin Interest Rates	Margin financing rate at 8.60%
Mutual Funds Offered	Yes
App/Platform	Wings Set Sail, AVIC Huidian Options, AVIC Huidian Simulated Options
Promotion	Not provided

What is AVIC Securities？

　　AVIC Securities, founded in 2002 in China, is a regulated brokerage offering a variety of tradable securities including stocks, bonds, futures, options, ETFs, and mutual funds. Their services encompass margin trading, advisory, and capital raising assistance. Commissions and fees are transparent, adhering to regulatory standards. The firm holds licenses from the China Securities Regulatory Commission.

Pros and Cons

　　AVIC Securities presents several advantages. Firstly, being regulated by the China Securities Regulatory Commission (CSRC) instills confidence in users regarding the platform's adherence to legal and ethical standards. Additionally, AVIC Securities boasts robust security measures, including encryption protocols and multi-factor authentication, ensuring the safety of users' sensitive information and assets. Moreover, the platform offers a wide array of investment options.

　　However, there are some drawbacks to consider. AVIC Securities charges a relatively high commission rate of 0.3%, which deters cost-conscious investors or those who engage in frequent trading activities. Another downside is the lack of insurance coverage for account balances, leaving users exposed to potential losses in the event of unforeseen circumstances.

Is AVIC Securities Safe？

• 　　Regulations:

　　AVIC Securities operates under strict regulatory oversight, holding a China Securities Trading License issued by the China Securities Regulatory Commission (CSRC). This license authorizes AVIC Securities to engage in securities trading activities in compliance with Chinese securities laws and regulations.



• 　　Funds Safety:

　　AVIC Securities typically does not provide insurance coverage for customers' account balances. As with most brokerage firms, investments made through AVIC Securities are subject to market risks and fluctuations.

• 　　Safety Measures:

　　AVIC Securities implements robust security measures to safeguard users' sensitive information and assets. These measures include encryption protocols to protect data transmission, multi-factor authentication for account access, and regular security audits to identify and address vulnerabilities.

What are Securities to Trade with AVIC Securities？

　　AVIC Securities provides a wide array of tradable securities.

　　Bonds & Fixed Income: Investors can access a range of bonds and fixed-income securities, including government bonds, corporate bonds, and treasury bills. These instruments offer fixed interest payments over a specified period, appealing to those seeking stable returns.

　　Futures: AVIC Securities enables investors to trade futures contracts on various underlying assets, including commodities, currencies, and stock indices. Futures provide opportunities for speculation and hedging against price fluctuations.

　　Options: The platform offers options trading, allowing investors to buy or sell options contracts on stocks, indices, or commodities. Options provide flexibility and leverage, enabling investors to profit from price movements with limited downside risk.

　　Stocks: AVIC Securities provides access to a wide range of stocks listed on domestic and international exchanges. Investors can trade shares of publicly traded companies, capitalizing on opportunities for capital appreciation and dividends.

　　ETFs (Exchange-Traded Funds): Investors can trade ETFs, which are investment funds traded on stock exchanges, mirroring the performance of a specific index or asset class. ETFs offer diversification and liquidity, making them attractive investment vehicles for both retail and institutional investors.

　　Mutual Funds: AVIC Securities offers a selection of mutual funds, professionally managed investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities. Mutual funds provide diversification and professional management, making them suitable for investors seeking a hands-off approach to investing.

AVIC Securities Accounts

　　AVIC Securities offers various account types tailored to suit the needs of both individual and corporate investors.

　　For individual investors, AVIC Securities provides accounts that facilitate trading in stocks, bonds, futures, options, ETFs, and mutual funds. These accounts typically offer features such as margin trading, enabling investors to amplify their buying power and potentially increase returns. Individual accounts are suitable for retail investors seeking to build a diversified investment portfolio and actively participate in the financial markets.

　　On the other hand, AVIC Securities also offers accounts designed for institutional entities, including businesses and organizations. These accounts offer additional features such as corporate advisory services, capital raising assistance, and access to specialized trading platforms tailored to meet the unique needs of corporate clients. Corporate accounts are suitable for businesses looking to manage their investments, hedge against risks, and access capital markets for financing or investment purposes.



AVIC Securities Fees Review

• 　　Commissions and Fees

　　Account Related Fees:

　　Whether for individual investors or organizations, the process of opening a securities account entails specific charges, which vary based on the account type and location. For instance, natural persons expect to pay between ¥20 to ¥200, while organizations could face fees ranging from ¥200 to ¥400, covering various account types such as A-share, B-share, and closed-end fund accounts. These fees are designed to ensure accessibility and accommodate various investor needs, reflecting AVIC Securities' commitment to inclusivity within the financial market.

　　In terms of trading commissions, AVIC Securities adopts a competitive approach, especially concerning Shanghai and Shenzhen A-shares. Here, commission rates are capped at 3‰ of the transaction amount, with a starting fee as low as ¥5.

　　This structure is complemented by nominal transfer and stamp duty charges, providing investors with a clear understanding of their transaction-related expenses. Similarly, B-share transactions adhere to a comparable fee model, where commission initiation begins from $1 USD or HK$5.

Fee Type	Description
Opening a Securities Account	Varies based on account type and location, ranging from ¥20 to ¥400 for natural persons and organizations
A-share Transaction Commission	No more than 3‰ of the transaction amount, starting from ¥5
B-share Transaction Commission	No more than 3‰ of the transaction amount, starting from $1 USD (Shanghai), HK$5 (Shenzhen)
Transfer Fee	0.01‰ of the transaction amount
Stamp Duty	0.5‰ of the transaction amount (paid by transferor)
Settlement Fees (B Shares)	0.02‰ of the transaction amount, up to $50 USD per transaction (Shanghai), up to HK$500 per transaction (Shenzhen)
Securities Investment Funds Commission	No more than 3‰ of the transaction amount, starting from ¥5
ETF Options Commission	No more than ¥12 per contract
ETF Subscription and Redemption Fees	No more than 5‰ of the subscription or redemption shares
Treasury Bond Reverse Repo Commission	Varies based on the period, ranging from 0.01‰ to 0.3‰ of the transaction amount



• 　　Margin Interest Rate

　　AVIC Securities offers margin financing at a rate of 8.60%. For short selling, the fee rate is 10.60%. Penalty interest for overdue payments stands at 18.00%, providing clarity and consistency in their margin interest rates.



AVIC Securities App Review

　　AVIC Securities offers several apps to facilitate trading and financial management.

　　The “Wings Set Sail” app, available for iOS and Android, integrates trading, financial management, and account opening. It includes features like treasury bond reverse repurchase, new bond subscription, and news notifications.

　　Additionally, AVIC provides the “AVIC Huidian Options” app, focusing on options trading with support for Shanghai and Shenzhen transactions.

　　For those interested in simulated options trading, there's the “AVIC Huidian Simulated Options” app, designed for the real test environment of stock options on the Shanghai and Shenzhen Stock Exchanges. Users can download these apps from the respective app stores on their devices.



Research & Education

　　AVIC Securities provides a robust suite of educational resources and research reports for investors of all levels.

　　Their “Getting Started” section offers foundational knowledge in securities investment, ideal for newcomers seeking to grasp the basics swiftly.

　　“Those who know will advance” delves deeper, enabling users to understand various investment products and gain a comprehensive understanding of the financial market.

　　Their market research covers macro strategy, industry analysis, company research, and a military industry focus, empowering investors to make informed decisions.

　　AVIC's information disclosure for publishing research reports ensures transparency and accessibility.



Customer Service

　　AVIC Securities provides accessible customer support services for traders.

　　You can reach their customer complaint hotline at 95335 or 4008895335 from 8:30 to 17:00 on trading days. Additionally, you can email your concerns to95335@avicsec.com. For those who prefer traditional communication, there's a fax option available at 0791-86776103.



Conclusion

　　CITIC Securities boasts several strengths that make it an attractive option for investors. Firstly, its regulation by the CSRC ensures that it operates within established guidelines, providing users with a sense of security and trust. Additionally, the platform offers a wide range of investment options.

　　However, its relatively high commission rates and lack of insurance coverage for account balances deter some users.

FAQs

• 　　Is it safe to trade on AVIC Securities？

　　AVIC Securities prioritizes user security with robust encryption protocols, multi-factor authentication, and regular security audits to safeguard user information and assets.

• 　　Is AVIC Securities a good platform for beginners？

　　Yes, AVIC Securities offers user-friendly interfaces, educational resources, and customer support to assist beginners in navigating the complexities of trading and investment.

• 　　Is AVIC Securities legit？

　　Yes, AVIC Securities is a regulated brokerage firm licensed by the China Securities Regulatory Commission, ensuring compliance with securities laws and regulations.

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.