匯誠證券

Integrity Securities Limited
WikiStock Rating	⭐⭐⭐⭐
Account Minimum	Not Mentioned
Fees	0.005% of the consideration amount
Account Fees	Margin account Interest Rate: Lending amount + 3% of the prime rate of HSBC
	Cash Account Late Payment Penalty: Overdue amount + 8% of the prime rate of HSBC
Interests on Uninvested Cash	Not Mentioned
Margin Interest Rates	Not Mentioned
Mutual Funds Offered	Not Mentioned
App/Platform	Available on Android
Promotions	Not Mentioned

What is Integrity Securities Limited？

　　Integrity Securities Limited, a Hong Kong-based financial firm, offers a range of investment services to clients. With a focus on transparency and regulatory compliance, the company provides stock trading services. Clients benefit from a clear fee structure, individual fee negotiation options, and the assurance of operating within the regulatory framework of the Securities and Futures Commission (SFC).

Pros & Cons

• 　　Transparent Fee Structure: Integrity Securities Limited provides a clear and transparent fee structure for its services. This allows clients to have a clear understanding of the costs associated with their trades and investment activities.

• 　　Individual Negotiation: The firm offers the flexibility of individual fee negotiation for bought and sold local stocks as well as brokerage services. This can be beneficial for clients who have specific trading needs or seek personalized fee arrangements.

• 　　Regulated and Compliant: Integrity Securities Limited operates within the regulatory framework of the Securities and Futures Commission (SFC) in Hong Kong. This regulatory oversight ensures that the company adheres to industry standards and investor protection measures.

Cons

• 　　Minimum Trade Requirement: The firm imposes a minimum trade requirement of $100 per trade for both bought and sold local stocks as well as brokerage services. This might not be suitable for clients who prefer or have smaller trade volumes, as it could result in higher costs.

• 　　Additional Fees: Apart from the basic trade fees, Integrity Securities Limited also charges additional fees such as stamp duty, transaction levy, trading fee, CCASS handling fee, and transfer deed fees. These fees, while common in the industry, can add to the overall costs of trading and may impact clients' profitability.

• 　　Margin Account and Cash Account Fees: For clients utilizing margin accounts, there are interest rates and late payment penalties based on the prime rate of HSBC. Similarly, cash account holders may incur late payment penalties. These additional fees can impact the profitability of margin trading or pose a financial burden for clients who face unexpected payment delays.

Is Integrity Securities Limited safe？

• 　　Regulatory Sight: Integrity Securities Limited operates under the regulatory oversight of the China Hong Kong Securities and Futures Commission in Hong Kong (No.AYM026), holding a valid security trading license. This regulatory authority ensures that financial institutions comply with relevant laws and regulations to protect investors and maintain market integrity.



• 　　User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

• 　　Security Measures: So far we haven't found any information about the security measures for this broker.

What are Securities to Trade with Integrity Securities Limited？

　　Integrity Securities Limited focuses primarily on providing stock as a tradable product. While they offer various types of trading accounts and services, their emphasis is only on facilitating stock trading activities for their clients.

Integrity Securities Limited Accounts

　　Integrity Securities Ltd offers three types of trading account services: Cash Account, Margin Account, and Electronic Trading Account.

• 　　Cash Account:

　　Under a cash account, clients must settle all their transactions on or before the settlement day (T+2 day). This means that clients need to have sufficient funds in their account to cover their trades.

• 　　Margin Account:

　　A margin account is a loan account provided by Integrity Securities Ltd. Upon approval, clients can buy shares within a preset credit limit. The loan ratio for different securities varies and can be changed at the discretion of Integrity Securities Ltd. The securities purchased serve as collateral for the loan.

• 　　Electronic Trading Account:

　　Clients with a cash account can utilize Integrity Securities Ltd's electronic trading platform for online trading. However, it is important to note that clients must have sufficient funds in their account before placing any order instructions.

Integrity Securities Limited Fees Review

　　Integrity Securities Limited provides a clear and transparent fee structure for its services. Here are some of the major fee guidelines.

　　Bought and Sold (Local Stocks): 0.20% of the transaction amount.Negotiated individually, with a minimum of $100.00 per trade.

　　Brokerage (Internet): 0.17% of the transaction amount.Also negotiated individually, with a minimum of $100.00 per trade.

　　Additional Fees:

　　Stamp Duty: 20% of the transaction amount. $1.00 for every $1,000 consideration amount, rounded up to the nearest dollar.

　　Transaction Levy: 0.0027% of the consideration amount, levied by the Securities and Futures Commission (SFC).

　　Trading Fee: 0.005% of the consideration amount, levied by the Hong Kong Exchanges and Clearing Limited (HKEx).

　　CCASS Handling Fee: $5.00 per board lot, with a minimum of $2.00 and a maximum of $100.00.

　　Transfer Deed: $5.00 per transfer form used.

　　Margin Account Fees: Interest Rate: Lending amount + 3% of the prime rate of HSBC, computed on an annual basis.

　　Late Payment Penalty: Margin call amount + 6% of the prime rate of HSBC, computed on an annual basis.

　　Cash Account Fees: Late Payment Penalty: Overdue amount + 8% of the prime rate of HSBC, computed on an annual basis.



Customer Service

　　Clients can reach out to Integrity Securities Limited 24 hours a day, 5 days a week through various channels.

• 　　Telephone: (852) 2179 1611

• 　　Email: info@integritysec.com.hk

• 　　Fax: (852) 2511 1063

• 　　Contact Form

　　The company also provides its physical address, Unit 3, 18/F, Yue Xiu Building, 160-174 Lockhart Road, Wanchai, Hong Kong.

Conclusion

　　In summary, Integrity Securities Limited is a Hong Kong-based financial firm that offers a clear fee structure and is regulated by the Securities and Futures Commission (SFC). However, clients should consider the minimum trade requirements and additional fees associated with their services. Overall, Integrity Securities Limited strives to provide reliable and compliant investment solutions.

FAQs

　　Is Integrity Securities Limited legit？

　　Yes. Integrity Securities Limited operates under the regulatory oversight of theSecurities and Futures Commission in Hong Kong, China.

　　Are there any service charges for opening a securities trading account？

　　No. Opening of a securities trading account is free of charge.

　　Are there specific requirements for trading？

　　For buying, you must have sufficient available cash in your account to cover your buying order(s). As for selling, you must have sufficient available securities in your account to cover you sell order(s).

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.