Canfield Securities Company Limited (Canfield Securities) was established in 2016 and is a wholly-owned subsidiary of Canfield Financial Holdings Company Limited (Canfield Financial Holdings). We are a corporation licensed by the Securities and Futures Commission of Hong Kong to carry out Type 1 (Dealing in Securities), Type 4 (Advising on Securities),and Type 9 (Asset Management) regulated activities under the Securities and Futures Ordinance. (CE: BIH478)
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What is Canfield Securities?
Canfield Securities is a comprehensive financial services provider that operates under the regulatory oversight of the Securities and Futures Commission (SFC). The firm offers a robust array of services, including securities dealing, placements, bonds, Initial Public Offerings (IPOs), and underwriting. Additionally, Canfield Securities excels in asset management, providing high value-added services such as the Canfield Equity Growth Fund SP and VIP Discretionary Accounts.
Pros & Cons
Pros Regulated by SFC: Canfield Securities is regulated by the Securities and Futures Commission (SFC), ensuring compliance with stringent standards and providing investor protection.
Comprehensive Securities Dealing Services: Offers a wide range of services including securities trading, placements, bonds, IPOs, and underwriting.
High Value-Added Asset Management: Provides specialized asset management services like the Canfield Equity Growth Fund SP and VIP Discretionary Accounts.
Comprehensive Educational Resources: Provides Financial News, Exchange News, and News Commentary to keep clients informed and empowered in their investment decisions.
Accessible Customer Support: Provides multiple channels for customer support, including telephone, fax, email, and physical office addresses.
Cons Limited Fee Information: Detailed information about other fees, such as margin interest rates, mutual fund offerings, and interest on uninvested cash, is not provided.
No Promotional Offers: There are no promotional offers available for new or existing clients, which might deter customers looking for incentives.
Is Canfield Securities Safe?
Canfield Securities is regulated by the oversight of the oversight of the Securities and Futures Commission (SFC), holding license No. BIH478. This regulatory framework ensures that the company adheres to stringent standards designed to protect investors and maintain the integrity of the financial market. By adhering to the regulations, Canfield Securities ensures that its operations are conducted with the utmost professionalism and accountability, instilling confidence in its clients and stakeholders.
What are Securities to Trade with Canfield Securities?
Securities Dealing Services
Canfield Securities offers standard securities dealing, enabling clients to trade a wide array of financial instruments with ease and efficiency. The firm also provides specialized services such as placement, bonds, and Initial Public Offerings (IPOs), allowing clients to participate in exclusive investment opportunities. Furthermore, Canfield Securities excels in underwriting, ensuring successful issuance and distribution of securities in the market.
Asset Management
Canfield Securities delivers high value-added asset management services, focusing on optimizing returns and managing risks for its clients. The Canfield Equity Growth Fund SP, is designed to achieve significant capital appreciation through strategic equity investments. Additionally, the VIP Discretionary Account service caters to high-net-worth individuals, providing personalized investment management and strategic advisory to meet specific financial goals.
Canfield Securities also offers services to set up SPC (Segregated Portfolio Company) Fund structures and management, enabling sophisticated investors to create tailored investment vehicles that meet their unique needs.
Canfield Securities Accounts
Canfield Securities distinguishes itself with its VIP Discretionary Account, designed to cater to discerning investors seeking personalized financial management. This exclusive account ensures clients receive bespoke investment strategies tailored to their financial goals and risk tolerance.
Canfield Securities Fees Review
Canfield Securities offers a straightforward and competitive fee structure designed to meet the needs of its clients. The trading commission rate for transactions conducted through their dealing hotline or internet platform is standardized at 0.25% of the transaction amount, with a minimum charge of HKD$100. This ensures that clients are charged consistently, regardless of the trading method they choose. Additionally, there are no fees for opening a securities account, making it easier for new clients to start investing without incurring initial costs.
Canfield Securities App Review
Canfield Securities offers two specialized mobile applications to enhance the trading experience for its clients.
The Canfield Mobile Stock Trading App for Android provides users with a powerful platform to trade stocks efficiently on the go. This app features real-time market data, advanced charting tools, and intuitive navigation, allowing investors to manage their portfolios seamlessly from their mobile devices.
Additionally, the Canfield Mobile Authentication App for Android adds an extra layer of security, ensuring that all transactions and account activities are protected through robust authentication processes.
Canfield Securities Tools Review
Canfield Securities provides a suite of advanced trading tools designed to enhance the trading experience and support informed decision-making for its clients.
Among these tools, the Historical Chart feature allows investors to analyze past performance and identify trends over time, aiding in the development of strategic trading plans based on historical data. Additionally, the Short Sell Chart provides critical insights into short selling activities, enabling traders to gauge market sentiment and make more informed decisions.
Research & Education
Canfield Securities provides a comprehensive suite of educational resources designed to keep clients well-informed and empowered in their investment decisions.
Central to these resources are the regular updates in Financial News, which cover the latest developments in global financial markets, economic trends, and significant corporate events.
Additionally, their Exchange News offers crucial information specific to stock exchanges, including regulatory changes and major market movements.
For deeper insights, Canfield Securities also delivers News Commentary, where experts analyze and interpret current events and market dynamics.
Customer Service
Canfield Securities provides a comprehensive and accessible customer support network. Their support team can be reached 9:00-18:00 (Trading Day) through different channels for ultimate convenience.
Address: Unit 2908, 2909 & 2912, Level 29, Infinitus Plaza, 199 Des Voeux Road Central, Sheung Wan, Hong Kong
Telephone: +852 3890 2700
Fax: +852 3620 3325
Email: cs@canfieldsecurities.com
Conclusion
In conclusion, Canfield Securities emerges as a robust and trustworthy brokerage firm under the stringent oversight of SFC with a comprehensive suite of services, including securities dealing, asset management, and specialized offerings like IPO participation and SPC fund structures. Canfield Securities also excels in providing advanced trading tools through its mobile applications and comprehensive educational resources.
However, the lack of detailed fee information can hinder a trader's decision-making process. Now, the ball's in your court when it comes to choosing whether to go with this broker or explore other options. Hopefully, this review has shed some light on your decision-making process.
FAQs
Is Canfield Securities suitable for beginners?
Canfield Securities is suitable for beginners due to its user-friendly platform, educational resources, and comprehensive customer support.
Is Canfield Securities legit?
Yes, Canfield Securities is regulated by SFC.
What types of securities can I trade with Canfield Securities?
Canfield Securities offers a wide range of securities including stocks, bonds, placements, and IPOs.
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.