SDG Securities (HK) Limited is a wholly-owned subsidiary of Shandong Gold Group Co., Ltd., a state-owned gold mining company under the Shandong provincial government.
SDG Securities (HK) currently holds Hong Kong Securities and Futures Commission (SFC) licenses Type 1 (dealing in securities), Type 2 (dealing in futures contracts), Type 4 (advising on securities) and Type 5 (advising on futures contracts) for SFC-regulated activities.
Note: The information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
What is SDG Securities (HK)?
SDG Securities (HK) is a prominent financial services firm based in Hong Kong, dedicated to providing a wide range of investment and trading solutions. Regulated by the Securities and Futures Commission (SFC), SDG Securities (HK) offers comprehensive services including trading in Hong Kong stocks, Mainland China's securities through the China Connect program, bonds, IPO subscriptions, and equity financing.
Clients benefit from competitive fee structures, transparent trading platforms such as Shanjin e-Finance and eBrokerKey, and robust customer support.
Pros & Cons
Pros Regulated by SFC: Regulated by the Securities and Futures Commission (SFC) of Hong Kong (License No. BMB958), ensuring adherence to stringent standards and investor protection.
Wide Range of Securities: Offers access to Hong Kong stocks, China Connect for Mainland China stocks, bonds, IPO subscriptions, and equity financing.
Transparent Fee Structure: Clearly defined fees including brokerage fee (0.15%), stamp duty (0.10%), and other transaction-related charges, promoting clarity and predictability in costs.
Comprehensive Trading Platforms: Provides robust trading platforms like Shanjin e-Finance and eBrokerKey for Windows, along with mobile apps for iOS and Android.
Educational Resources: Company news section offers timely market insights and analysis.
Customer Support Accessibility: Offers multiple contact channels (phone, email, contact form) and comprehensive support hours.
Cons Limited Promotional Offers: Currently unavailable promotions can be seen as a drawback for clients seeking introductory incentives or bonuses.
Is SDG Securities (HK) Safe?
SDG Securities (HK) is regulated by the oversight of the oversight of the Securities and Futures Commission (SFC), holding license No. BMB958. This regulatory framework ensures that the company adheres to stringent standards designed to protect investors and maintain the integrity of the financial market.
What are Securities to Trade with SDG Securities (HK)?
SDG Securities (HK) offers a comprehensive array of financial products and services designed to meet the diverse needs of investors and businesses alike.
Investors can access a wide range of Hong Kong stocks through SDG Securities' trading platforms, providing opportunities to capitalize on the vibrant market dynamics of the region. The China Connect service facilitates seamless investment in Mainland China's stocks, enhancing cross-border investment opportunities.
For those interested in fixed-income securities, SDG Securities offers bonds that cater to various risk appetites and investment goals. Additionally, the firm provides IPO subscription services, enabling clients to participate in new market offerings at their inception. Moreover, SDG Securities (HK) supports equity financing and underwriting businesses, helping corporate clients raise capital through initial public offerings (IPOs) and other equity issuance activities.
SDG Securities (HK) Accounts
SDG Securities (HK) offers two distinct types of accounts tailored to meet the diverse needs of investors: cash escrow accounts and margin accounts.
The cash escrow account allows clients to trade Hong Kong securities with transactions debited directly from their cash custody account. Upon selling securities, proceeds are automatically credited to a cash escrow account for future transactions. This account provides online trading services, contingent upon having sufficient balances or securities available.
In contrast, the margin account enables clients to trade Hong Kong securities using margin lending. Depending on the collateral value of held securities, clients may not need to pay the full transaction amount on settlement dates. This account also supports online trading services, provided there is adequate purchasing power available in the account.
SDG Securities (HK) Fees Review
SDG Securities (HK) maintains a transparent fee structure designed to support investors with clarity and predictability in their financial transactions.
For trading Hong Kong securities, clients incur a brokerage fee of 0.15% on the transaction amount, with a minimum charge of HKD 100. Stamp duty, set at 0.10% of the transaction amount and rounded up to the nearest dollar, is shared between buyers and sellers.
Additional transaction-related costs include the SFC Transaction Levy (0.0027%), Stock Exchange Trading Fee (0.00565%), FRC Transaction Levy (0.00015%), and CCASS Fee (0.005% of the transaction amount, with a minimum of HKD 3 and a maximum of HKD 200).
Moreover, there is a fixed Stamp Duty of HKD 5 per transfer deed. For margin accounts, interest rates are competitive, set at Prime Rate + 3%, and for overdue cash accounts, Prime Rate + 6%, where the Prime Rate is aligned with the latest HKD Dollar Prime rate of BOC HK.
More specific fee structures for Hong Kong stocks, China Connect and bond can be found on their official websiteor in the attached screenshot.
SDG Securities (HK) App Review
SDG Securities (HK) provides a robust suite of trading platforms and apps tailored to meet the diverse needs of modern investors. Among its offerings are Shanjin e-Finance and eBrokerKey, available for Windows download, offering intuitive interfaces and powerful tools for executing trades seamlessly.
Additionally, SDG Securities (HK) ensures accessibility with its mobile apps, available on both the App Store for iOS users and Android devices. These apps empower users to manage their investments on the go, providing real-time market data, research capabilities, and secure trading functionalities.
Research & Education
SDG Securities (HK) is committed to empowering investors through robust research and comprehensive educational initiatives. Its company news section serves as a vital resource for staying informed about the latest developments and insights within the financial markets. Continuously updated with timely and relevant information, this section offers valuable updates on market trends, company announcements, and analysis that are crucial for investors and stakeholders alike.
Customer Service
SDG Securities (HK) provides a comprehensive and accessible customer support network. Their support team can be reached during 9a.m. - 6p.m. HKT (Monday to Friday) through different channels for ultimate convenience.
Customer service hotline: +852 2825 5030
Trading Hotline: +852 2825 5033
Email: sdgs-cs@sd-gold.hk
Address: Room 3703-09, 37/F, Two International Finance Centre, 8 Finance Street, Central, Hong Kong
Contact form
Conclusion
In conclusion, SDG Securities (HK) stands out as a reputable brokerage firm offering a wide array of financial products and services under rigorous regulatory oversight by SFC. With a transparent fee structure and comprehensive trading platforms like Shanjin e-Finance and eBrokerKey, SDG Securities (HK) ensures accessibility and efficiency for investors trading Hong Kong stocks, participating in IPOs, or accessing bonds and equity financing opportunities.
Overall, SDG Securities (HK) emerges as a solid choice for investors looking for a regulated brokerage with diverse investment options and robust support services. 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 SDG Securities (HK) suitable for beginners?
Yes. SDG Securities (HK) is suitable for beginners due to its user-friendly platform, educational resources, and comprehensive customer support.
Is SDG Securities (HK) legit?
Yes. SDG Securities (HK) is regulated by SFC.
What types of securities can I trade with SDG Securities (HK)?
Hong Kong stocks, Mainland China stocks through China Connect, bonds, and access to IPO subscriptions and equity financing.
What trading platforms does SDG Securities (HK) offer?
Shanjin e-Finance and eBrokerKey for Windows, along with mobile apps available on both the App Store for iOS users and Android devices.
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.