Sino Capital Securities Limited(SinoCapital) is registered under the Securities and Futures Ordinance as a licensed intermediaries, SinoCapital can be carried outregulated activities(CEnumberABM401) and have trading right on the Hong Kong Stock Exchange, SinoCapital is Hong Stock Exchange trading participants.
Sino Capital Securities Limited, formerly known as Delta Wealth Securities Limited, a company incorporated in Hong Kong, was established in 1992. In line with the development of the company’s diversified business and changes in ownership, the company Chinese name came into effect February 12, 2018, officially changed to "國順證券有限公司", and English name has been changed to"Sino Capital SECURITIES LTD.", we continued to provides a flexible and convenient trading platform for our valued customers.
SinoCapital Information
SinoCapital is a trading platform known for its low fees, with a commission rate of 0.25% per trade (minimum HK$100), and offers a user-friendly app, GoTrader2.
It provides mutual funds and a 3.77% interest in uninvested cash, making it appealing for diverse investment needs. However, the platform does not offer any promotional incentives.
Pros & Cons
Pros:
SinoCapital is regulated by the CSRC, ensuring a level of trust and security for its users. It boasts a unique online trading platform, GoTrader2, which is both user-friendly and efficient. Additionally, the fee structure is simple and direct, making it easier for traders to understand their costs.
Cons:
SinoCapital has a few drawbacks, such as offering only one deposit method through bank transfers, which will be inconvenient for some users. The commissions are relatively high, with a minimum of $100, which is higher than many competitors. Furthermore, it lacks a mobile app, limiting trading flexibility for users who prefer trading on the go.
Is SinoCapital Safe?
Regulations:
SinoCapital is regulated by the Securities and Futures Commission (SFC) of Hong Kong, under License No. ABM401. The SFC's role is to regulate Hong Kong's securities and futures markets to ensure their integrity and soundness for the benefit of investors and the industry.
Funds Safety:
SinoCapital ensures the safety of clients' funds by maintaining them in segregated accounts, separate from the company's operational funds. Typically, regulated entities like those under the SFC are expected to adhere to stringent guidelines to protect client assets, though individual insurance coverage amounts can be vary.
Safety Measures:
SinoCapital employs advanced encryption technologies to safeguard the storage of funds and user information. The platform includes robust account safety measures such as secure login procedures and transaction verification to prevent unauthorized access and leakage of user information.
This ensures that clients can trade with confidence, knowing that their personal and financial data is protected.
What are securities to trade with SinoCapital?
SinoCapital, officially known as Sino Capital Securities Limited, is a licensed intermediary under the SFC and a trading participant of the Hong Kong Stock Exchange. As such, it offers a wide range of securities for trading, including:
- Hong Kong Stocks: Customers can trade various stocks listed on the Hong Kong Stock Exchange.
- Bonds: Both corporate and government bonds are available for investment.
- Mutual Funds: SinoCapital provides access to different mutual fund options.
- Futures and Options: The platform supports trading in futures and options, satisfying to more advanced investment strategies.
SinoCapital Account Review
SinoCapital offers individual and joint accounts for flexible trading, corporate accounts for businesses and institutions, all with online trading access and compliance features.
Individual or Joint Accounts: SinoCapital offers flexible trading for individual or joint ownership with online trading access, enabling easy account management and execution of trades. Compliance and tax documentation ensure regulatory requirements are met, providing a easy trading experience.
Corporate Accounts: Tailored for businesses and institutional investors, SinoCapital's corporate accounts offer solutions and online trading capabilities. These accounts require specific certifications for entities and controlling persons, ensuring full regulatory compliance.
SinoCapital Fee Review
SinoCapital's fee structure includes a 0.25% brokerage fee, minimum HK$100, stamp duty of HK$1.00 per HK$1,000.00, and various other charges such as transaction levy, settlement fee, and dividend-related fees.
Trading Fees:
- Brokerage: 0.25% per trade (Minimum HK$100.00, negotiable)
- Stamp Duty: HK$1.00 for every HK$1,000.00 of transaction amount
- Transaction Levy: 0.008% of transaction amount (0.00565% Stock Exchange Trading Fee + 0.0027% SFC Transaction Levy)
- Settlement Fee: 0.002% of total value of each trade (Minimum HK$2.00 per side)
Physical Stock and Settlement Services:
- Transfer Deed: HK$5.00 per deed
- Physical Stock Withdrawal: HK$5.00 per stock (Minimum HK$30.00 per stock)
Dividend Services:
- Cash Dividend or Scrip Dividend: 0.5% of total dividend amount (Minimum HK$20.00, Maximum HK$20,000.00)
Other Fees:
- Stock Transfer: HK$5.00 per stock (Internal transfers only)
- Rights Subscription: HK$100.00 + HK$0.80 per share (Minimum HK$150.00 per stock)
- Corporate Action: HK$100.00 + HK$0.80 per share (Minimum HK$150.00 per stock)
Custody Fee:
- If holding 5,000 shares or more, HKD0.02 per share per month
IPO and New Stock Subscription:
- Electronic IPO: HK$100.00
- Agent-assisted IPO: HK$200.00
- Underwriting IPO: HK$200.00
Other Charges:
- Bounced Cheque: HK$300.00 per cheque
- Dividend Claim: Minimum HK$1,000.00 per claim
SinoCapital Trading Platform Review
SinoCapital offers a robust and user-friendly online trading platform, GoTrader2, designed to meet the diverse needs of its clients.
This platform facilitates efficient and speedy order placements, providing a set of trading tools and features that enable clients to execute buy and sell transactions online from anywhere.
Customer Service
Sino Capital Securities Limited provides customer support through multiple channels.
Clients can reach out to their support team by calling ++852-3950 1200 for direct assistance. For less urgent inquiries or to request information, customers can email the team at info@sinocapitalsec.com.
The firm is located at Flat B, 9/F, Jonsim Place, 228 Queens Road East, Wan Chai, Hong Kong, where they also welcome direct visits for personal customer service.
Conclusion
SinoCapital is a well-established brokerage firm based in Hong Kong, offering a range of trading services with a focus on Hong Kong stocks.
It provides competitive trading fees, a unique online trading platform, GoTrader2, and robust customer support through phone and email.
The firm is tailored for both individual and corporate clients, ensuring a secure trading environment regulated by the Securities and Futures Commission of Hong Kong.
FAQs
What trading platforms does SinoCapital offer?
SinoCapital offers the GoTrader2 online trading platform, which is designed for efficiency and user-friendliness, allowing clients to execute trades from anywhere.
How can I contact SinoCapital for support?
You can contact SinoCapital by phone at ++852-3950 1200 or via email at info@sinocapitalsec.com. They also welcome direct visits to their office at Flat B, 9/F, Jonsim Place, 228 Queens Road East, Wan Chai, Hong Kong.
What are the typical fees associated with trading at SinoCapital?
SinoCapital charges a brokerage fee of 0.25% per trade with a minimum of HK$100. Other fees include stamp duties, transaction levies, and various service-related fees depending on the transaction type and services used.
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.