中山证券

Zhongshan Securities
WikiStock Rating	⭐⭐⭐⭐
Account Minimum	Not specified
Fees	Ranges from free for certain accounts to variable fees based on the type of transaction
Account Fees	Not specified
Interests on uninvested cash	Not specified
Margin Interest Rates	8.6%
Mutual Funds Offered	Yes
App/Platform	Available on iOS, Android, and Web
Promotions	Yes

What is Zhongshan Securities？

　　Zhongshan Securities offers a comprehensive suite of investment services with a flexible fee structure, ranging from free for certain accounts to variable fees based on transaction types. While there is no specified account minimum or account fees, margin loans are available at a competitive interest rate of 8.6%. The firm also offers mutual funds and provides a versatile trading platform accessible on iOS, Android, and Web. Additionally, Zhongshan Securities runs various promotions, enhancing the value for its clients. Interest on uninvested cash is not specified, reflecting a focus on tailored financial solutions.

Pros and Cons of Zhongshan Securities

　　Zhongshan Securities offers several advantages, including regulation by the China Securities Regulatory Commission (CSRC) and compliance with financial regulations, a diverse range of asset types, and accessibility across multiple platforms including iOS, Android, Mac, Windows, and Web. However, the firm faces some drawbacks, such as a lack of transparency about account fees, unspecified interest in uninvested cash, and unspecified details about specific account types.

Is Zhongshan Securities safe？

　　Zhongshan Securities is a broker-dealer registered with the China Securities Regulatory Commission (CSRC).

　　Zhongshan Securities is a member of the Investor Protection Fund (IPF) for Securities and Futures Dealers in Hong Kong. The IPF provides compensation of up to HK$100,000 per customer in the event of losses caused by:

• 　　The bankruptcy of Zhongshan Securities;

• 　　The theft or misappropriation of customer funds by employees of Zhongshan Securities;

• 　　Negligence by employees of Zhongshan Securities in the course of their duties, resulting in losses to customer funds.

What are securities to trade with Zhongshan Securities？

　　Zhongshan Securities offers diverse investment tools to meet various investor needs. These include bond funds, stock funds, hybrid funds, money market funds, index funds, QDII (Qualified Domestic Institutional Investor) funds, and FOF (Fund of Funds). Investors can choose from different risk levels, ranging from R1 (low risk) to R5 (high risk). The company collaborates with numerous reputable fund companies, providing extensive options for investment portfolios. Additionally, they facilitate trading of stock options, which are standardized contracts giving the holder the right to buy or sell a specific stock or ETF at a predetermined price within a set timeframe. However, it does not provide products like forex and cryptocurrencies.

• 　　Stocks: Direct investment in publicly listed companies, suitable for investors seeking capital appreciation and dividends.

• 　　Options: Provide experienced investors with more strategic choices, allowing them to hedge risks or speculate by buying rights or obligations.

• 　　ETFs: Funds that invest in a variety of assets, typically tracking a specific index, offering immediate market exposure and liquidity.

• 　　Bonds: Debt investment products where investors lend money to a borrower (corporate or government) expecting to get back the principal plus interest in the future, suitable for low-risk investors.



Zhongshan Securities Fees Review

　　For transactions involving A-shares, B-shares, securities investment funds, ETFs, LOF funds, public REITs funds, and listed company stocks across Shanghai, Shenzhen, and Beijing exchanges, a uniform fee of 0.3% of the transaction amount is applied, with a minimum charge stipulated (5 RMB for A-shares and varying minimums for B-shares depending on the market: 1 USD in Shanghai and 5 HKD in Shenzhen).

　　Trading through the Hong Kong Stock Connect also incurs a fee of 0.3% per transaction with a minimum of 5 RMB. For delisted company stocks and various fund trades, similar charges apply.

　　For bond transactions (including government bonds, corporate bonds, enterprise bonds, and private placement bonds), fees vary by market: both Shanghai and Beijing exchanges charge 0.2‰ per transaction with a minimum fee of 1 RMB in Shanghai; Shenzhen charges are typically the same unless otherwise noted.

　　Convertible bond trading fees are set at 0.2‰ in Shanghai with a minimum of 1 RMB and at 1‰ in Shenzhen and Beijing without a minimum specified. Repo transactions for government bonds are charged on a sliding scale based on the duration—from 0.01‰ for one day up to 0.30‰ for periods exceeding 28 days.

　　Options trading incurs specific charges: 16.6 RMB per contract for ETF-based options and 18.45 RMB for stock-based options; exercise fees are set at 0.6 RMB per contract for ETFs and 0.9 RMB for stocks. Additionally, stock transfer during option exercise is charged at a rate of 0.5‰ of face value.

　　Zhongshan Securities also offers free custodial transfer services and charges no fees for RMB bank-broker transfers. Account opening fees are variable: 20 RMB for individual A-share accounts (200 RMB for institutions), $19 USD for individual Shanghai B-share accounts ($85 USD for institutions), and 120 HKD for individual Shenzhen B-share accounts (580 HKD for institutions).



Zhongshan Securities App Review

　　Zhongshan Securities's mobile app is a cutting-edge and intitive trading platform designed for on-the-go traders. It provides a comprehensive trading experience, available on iOS and Android devices, facilitating easy access to markets anytime, anywhere. In addition to the mobile app, Zhongshan Securities also offers a versatile range of platforms and tools for different devices and operating systems, including Web Trading platforms, as well as dedicated applications for Mac and Windows. This variety ensures that all users, regardless of their preferred device, can access the trading services seamlessly.



Research and Eduation

　　Zhongshan Securities's Research and Education section provides comprehensive resources to educate investors, enhancing their market understanding and investment strategies. This includes detailed analyses, market reports, and educational materials tailored to various levels of investor experience. By offering these resources, Zhongshan Securities aims to empower investors with the knowledge and skills needed to make informed decisions, fostering a more informed and confident investor community.



Customer Service

　　Zhongshan Securities offers robust customer support through multiple channels, including their dedicated hotline (95329), WeChat, and Weibo. This multi-platform approach ensures clients have easy access to assistance and information, providing timely and effective support for their trading and investment needs. The commitment to accessible and responsive customer service underscores Zhongshan Securities's dedication to client satisfaction and reliability.



Conclusion

　　In conclusion, Zhongshan Securities stands out for its strong regulatory compliance under the CSRC and its diverse asset offerings. Its multi-platform accessibility makes it convenient for a wide range of investors. However, the brokerage could improve transparency regarding account fees and interest on uninvested cash. Zhongshan Securities is particularly well-suited for investors seeking a regulated environment and diverse investment options.

FAQs

　　What services does Zhongshan Securities offer？

　　Zhongshan Securities provides a range of financial services, including securities brokerage, investment advisory, wealth management, and asset management. They also offer research and analysis on various financial instruments and markets.

　　Is Zhongshan Securities regulated？

　　Yes, Zhongshan Securities is regulated by CSRC. This ensures that the firm complies with industry standards, regulations, and safeguards for investors.

　　Does Zhongshan Securities offer online trading platforms？

　　Yes, Zhongshan Securities provides online trading platforms for clients to execute trades, monitor their portfolios, access research and market data, and manage their accounts. These platforms often offer features like real-time quotes, technical analysis tools, and customizable dashboards for a better trading experience.

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.