金通证券

Jintong Securities
WikiStocks Rating	⭐⭐⭐
Fees	A shares: 0.3%, minimum of 5 yuan; B shares: 0.3%, minimum of 1 USD or 5 HKD; .etc(depends on many different products)
Account Fees	A shares:20 yuanB shares:19 USD.etc(depends on the area and accont types)
Interests on uninvested cash	2.36%
Mutual Funds Offered	Yes
Platform/APP	CITIC Securities Zhixin new version of the online trading system and so on(with PC and Mobile Version)
Promotion	N/A

Jintong Securities Information

　　Jintong Securities is a subsidiary of CITIC Securities. It offers a competitive fee structure with rates like 0.3% for A shares with a minimum of 5 yuan, and similarly low rates for other products, meeting diverse investment needs.

　　The firm supports trading through its unique Jintong Securities APP and the CITIC Securities Zhixin platform, which are available for both PC and mobile devices, enhancing accessibility for users.

　　However, a potential downside is the lack of promotional offers, which limits its attractiveness to new clients seeking initial incentives.

Pros & Cons

　　Pros:

　　Jintong Securities is regulated by the China Securities Regulatory Commission (CSRC), ensuring a level of compliance and security for investors. It offers a unique trading app, which is the same as the CITIC APP, providing a familiar and efficient trading experience for those already accustomed to the CITIC platform. Additionally, the firm attracts a broad market by being available in both Hong Kong and mainland China (Shanghai and Shenzhen).

　　Cons:

　　However, Jintong Securities has some limitations that will deter potential clients. It offers only one deposit method through bank transferring, which will not meet the preferences of all investors. Additionally, it charges high commissions at 0.3%, which is higher than many of its competitors, and also asks for account opening fees, adding to the initial costs for new clients.

Is Jintong Securities Safe？

　　Regulations:

　　Jintong Securities is regulated by the China Securities Regulatory Commission (CSRC), which is a ministerial-level public institution under the State Council responsible for the unified regulation of Chinas securities and futures markets.

　　This oversight helps to maintain an orderly market environment and ensures that operations within the capital market are conducted legally.

　　Funds Safety:

　　Jintong Securities, being regulated by the China Securities Regulatory Commission (CSRC), must adhere to strict regulations that typically include requirements for the proper handling and segregation of client funds.

　　This ensures that client investments are held separately from the company's own funds, reducing the risk of misuse and providing a layer of protection against the companys financial issues.

　　Safety Measures:

　　Jintong Securities utilizes the CITIC Trade app, which is known for employing robust encryption technologies to safeguard the storage of funds and protect the integrity of transaction data. In addition to encryption, the firm likely implements multiple layers of security measures to prevent unauthorized access and information leakage.

　　These measures typically include secure login processes, automatic session time-outs, and real-time monitoring of account activities to detect and prevent any suspicious behavior.

What are securities to trade with Jintong Securities？

　　With Jintong Securities, clients can trade a wide range of securities products across various markets. Here's a summary of the available securities to trade:

• 　　A Shares: These are shares of mainland Chinese companies that are traded on the Shanghai and Shenzhen stock exchanges. A shares are denominated in renminbi and are primarily bought and sold by mainland Chinese citizens, although foreign investment is allowed through regulated programs.

• 　　B Shares: B shares of Chinese companies are also traded on the Shanghai and Shenzhen stock exchanges but are denominated in foreign currencies—USD for Shanghai and HKD for Shenzhen. These shares are available to both domestic and foreign investors.

• 　　Closed-End Funds: Unlike open-ended mutual funds, closed-end funds have a fixed number of shares issued to the public through an initial public offering. After issuance, these shares are traded on a stock exchange. The market price will differ from the net asset value due to supply and demand dynamics.

• 　　Third Board/North Exchange Securities: These securities are traded on alternative exchanges like the New Third Board, which is a platform for growth enterprises in China, offering a way to invest in smaller, high-potential companies.

• 　　Preferred Stocks: Preferred stockholders have a higher claim on assets and earnings than common stockholders. These stocks typically do not have voting rights, but they receive dividend payments before common stockholders and have priority over common stock in the event of liquidation.

• 　　Off-Board and Delisted Shares: These include shares that are no longer traded on major exchanges, either due to delisting because of failure to meet listing requirements or by choice. Trading in these shares often occurs over-the-counter (OTC).

• 　　Hong Kong Stocks (through Stock Connect): This program allows international and Mainland Chinese investors to trade securities in each others markets through the trading and clearing facilities of their home exchange.

• 　　Securities Investment Funds: These funds will include a variety of investment vehicles like exchange-traded funds (ETFs), index funds, and other managed funds that are publicly traded.

• 　　Open-ended Funds: These mutual or exchange-traded funds do not have a fixed number of shares. Instead, shares are issued and redeemed by the investment company at the funds net asset value.

• 　　ETF Options: These are options on exchange-traded funds (ETFs) which provide the rights to purchase or sell an ETF at a specified price before a certain date, offering strategic investment opportunities and risk management.

• 　　Bonds: This category includes a broad range of bond types such as government, corporate, convertible, and asset-backed securities, offering investment in debt with fixed returns.

• 　　Exchangeable Bonds: These are bonds that can be converted into other forms of security, not necessarily shares of the issuing company but possibly another entity within the issuers corporate group.

• 　　Securities-related Futures: Futures contracts based on securities or securities indexes, allowing investors to speculate on the future value of these assets.

• 　　Securities Pledge-style Repo: This is a form of short-term borrowing for dealers in government securities. The dealer sells the government securities to investors and buys them back at a later date at a slightly higher price.



Jintong Securities Fee Review

　　The fee structure outlined for Jintong Securities includes a range of charges across different types of accounts and transactions.

　　Account Fees:

• 　　A Shares Account: 20 yuan per account for individuals, 200 yuan for institutions.

• 　　B Shares Account: 19 USD per account or 85 USD for institutions, 120 HKD per account or 580 HKD for institutions.

• 　　Closed-End Fund Account: 5 yuan per account.

• 　　Credit Account: 40 yuan for individuals, 400 yuan for institutions.

• 　　Account Registration Changes: No charge.

• 　　Account Cancellation: No charge.

　　Transaction Fees for Shanghai and Shenzhen Markets:

• 　　Commission for A Shares: Up to 0.3% of the transaction amount, with a minimum charge of 5 yuan.

• 　　Transfer Fee for A Shares: 0.001% of the transaction amount (0.002% for depositary receipts).

• 　　Stamp Duty for A Shares: 0.05% of the transaction amount, paid by the seller only.

　　Other Markets:

• 　　Third Board/North Exchange:

• 　　Commission: Up to 0.15% of the transaction amount.

• 　　Transfer Fee: 0.001% of the transaction amount.

• 　　Stamp Duty: 0.05% of the transaction amount, paid by the seller only.

• 　　Preferred Stocks:

• 　　Commission: Up to 0.3% of the transaction amount, with a minimum of 5 yuan.

• 　　Stamp Duty: 0.05% of the transaction amount, paid by the seller only.

• 　　Off-Board and Delisted Shares:

• 　　Commission: Up to 0.3% of the transaction amount.

• 　　Stamp Duty: 0.05% of the transaction amount, paid by the seller only.

　　Hong Kong Stocks via Stock Connect:

• 　　Commission: Up to 0.3% of the transaction amount, with a minimum of 5 RMB.

• 　　Stock Settlement Fee: 0.002% of the transaction amount, minimum 2 HKD, maximum 100 HKD.

• 　　Stamp Duty: 0.1% of the transaction amount, charged to both sides, rounded to the nearest HKD (minimum 1 HKD if less).

• 　　Transaction Fee: 0.00565% of the transaction amount, charged to both sides, rounded to two decimal places.

　　Bonds:

• 　　Commission for Bonds: Up to 0.02% of the transaction amount, with a minimum of 1 yuan.

• 　　Convertible Bonds: Up to 0.1% of the transaction amount, with a minimum of 1 yuan.

　　ETFs and Other Funds:

• 　　Commission for Securities Investment Funds: Up to 0.3% of the transaction amount, with a minimum of 5 yuan.

• 　　Redemption/Subscription Fees for Open-ended Funds: Varies as announced by each fund company.

　　ETF Options:

• 　　Commission per Contract: Up to 19.3 yuan per contract, with no charge for selling open positions.

• 　　Exercise Transfer Fee: No charge.

Category	Fee Type	Details
Account Fees	A Shares Account	20 yuan/individual, 200 yuan/institution
	B Shares Account	19 USD/individual, 85 USD/institution or 120 HKD/580 HKD
	Closed-End Fund Account	5 yuan/account
	Credit Account	40 yuan/individual, 400 yuan/institution
	Registration Changes	No charge
	Account Cancellation	No charge
Transaction Fees (Shanghai & Shenzhen)	Commission (A Shares)	Up to 0.3%, min 5 yuan
	Transfer Fee (A Shares)	0.001% (0.002% for depositary receipts)
	Stamp Duty (A Shares)	0.05% (seller only)
Third Board/North Exchange	Commission	Up to 0.15%
	Transfer Fee	0.00%
	Stamp Duty	0.05% (seller only)
Preferred Stocks	Commission	Up to 0.3%, min 5 yuan
	Stamp Duty	0.05% (seller only)
Off-Board/Delisted Shares	Commission	Up to 0.3%
	Stamp Duty	0.05% (seller only)
Hong Kong Stocks (Stock Connect)	Commission	Up to 0.3%, min 5 RMB
	Stock Settlement Fee	0.002%, min 2 HKD, max 100 HKD
	Stamp Duty	0.1% (both sides), rounded to nearest HKD
	Transaction Fee	0.00565% (both sides), rounded to two decimal places
Bonds	Commission	Up to 0.02%, min 1 yuan
	Convertible Bonds Commission	Up to 0.1%, min 1 yuan
Securities Investment Funds	Commission	Up to 0.3%, min 5 yuan
ETFs and Other Funds	Subscription/Redemption Fees	As announced by fund company
ETF Options	Commission per Contract	Up to 19.3 yuan, no charge for selling open positions
	Exercise Transfer Fee	No charge



Jintong Securities Trading Platform Review

　　Jintong Securities offers a variety of advanced trading platforms to meet the diverse needs of its clients, enabling efficient and robust trading in multiple financial markets.

• 　　CITIC Securities Zhixin New Version of the Online Trading System (V9.03): This platform offers a suite for trading including stock transfers, block trading, and connections to the Shanghai and Shenzhen Stock Connect. It supports multiple account types and integrates trading with account management on a single interface.

• 　　CITIC Securities Zhisheng Financial Terminal Online Trading System (V8.19.114): A robust trading and wealth management platform that features quick position updates, supports multiple banks, and provides access to a wide range of investment products.

• 　　CITIC Securities Zhisheng Version of the Independent Order System (V5.58.91.314): Tailored for users of other market software, this system supports rapid asset updates and integrates easily with national share transfer and bond repurchase markets.

• 　　CITIC Securities Zhixin Options Special Edition Trading System (V8.70): A specialized options trading platform offering fast and options analytics, designed to facilitate both basic and advanced options trading strategies.

• 　　CITIC Securities Stock Options Exchange Point Edition Online Trading System (V6.6.1.6): Focused on stock options trading, this platform provides detailed options data and supports sophisticated trading functions like order splitting and strategy orders.



Customer Service

　　Jintong Securities offers localized customer support through its regional business departments.

　　For instance, the Cangnan People's Avenue Securities Business Department located in Wenzhou, Zhejiang, can be reached at 0577-59915150, and is housed at Room 912, Dashunfa Commercial Building, No. 919, People's Avenue, Lingxi Town.

　　Similarly, the Tiantai Huiquan West Street Securities Business Department, located at No. 313, Huiquan West Street, Shifeng Street, Tiantai County, Taizhou, Zhejiang, provides customer service at contact number 0576-83796598. These departments offer tailored support and services to meet the specific needs of their regional clients.



Conclusion

　　Jintong Securities Co., Ltd. is a well-regulated brokerage firm offering a wide range of financial services and trading options.

　　With its advanced trading platforms, including the CITIC Securities Zhixin and Zhisheng systems, Jintong meets diverse investor needs, providing robust support for trading stocks, bonds, options, and more.

　　The firm is committed to delivering customer service through its regional business departments, ensuring personalized assistance for clients across various locations.

FAQs

　　1. What types of accounts does Jintong Securities offer？

　　Jintong Securities offers various account types including A shares, B shares, closed-end fund accounts, and credit accounts, with specific fees applicable to each type.

　　2. What trading platforms are available with Jintong Securities？

　　Jintong Securities provides multiple trading platforms such as the CITIC Securities Zhixin Online Trading System, Zhisheng Financial Terminal Online Trading System, and specialized options trading systems to accommodate different trading needs.

　　3. How can I contact customer support at Jintong Securities？

　　Customer support can be reached through regional business departments, such as the Cangnan People's Avenue Securities Business Department at 0577-59915150, and the Tiantai Huiquan West Street Securities Business Department at 0576-83796598.

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.