Sanston

Sanston
WikiStocks Rating	⭐⭐⭐
Fees	HongKong Maret:(Brokerage 0.25%)Transaction Fees:0.005%Malaysia:Stamp Duty : 0.1%
Interests on uninvested cash	5.68%
Mutual Funds Offered	Yes
Platform/APP	Sanston(Online Trading Platform,APP for Android and IOS)
Promotion	N/A

Sanston Information

　　Sanston is a brokerage firm offering competitive trading fees, including a 0.25% brokerage fee in the Hong Kong market and 0.1% stamp duty for transactions in Malaysia.

　　It also features a high interest rate of 5.68% on uninvested cash, making it attractive for cash management. The firm provides a user-friendly Sanston trading platform available as an app for both Android and iOS, attracting a wide range of investors.

　　However, a notable drawback is the lack of promotional offers, which will limit its appeal to new clients looking for initial trading incentives.

Pros & Cons

　　Pros:

　　Santon is regulated by the SFC, ensuring a secure trading environment. It offers a user-friendly Sanston app for both Android and iOS, meeting the Hong Kong and Malaysia markets with low commission rates.

　　Cons:

　　However, Santon has limitations, such as only one deposit method via bank transfer and a lack of diverse account options. Additionally , it asks for transaction fees of 0.0005% per trade.

Is Sanston Safe？

　　Regulations:

　　Sanston is regulated by the Securities and Futures Commission (SFC) of Hong Kong, which is a strong indicator of its reliability and adherence to strict regulatory standards. Sanston holds license numbers AOR964 and BHO310, confirming that it is fully authorized and monitored by this respected regulatory body.

　　Funds Safety:

　　Sanston operates under the stringent regulations of the Securities and Futures Commission (SFC) of Hong Kong, which mandates rigorous standards including the proper handling and segregation of client funds.

　　This adherence to regulatory requirements helps maintain the security and integrity of client funds, providing a reliable safeguard for investors' assets under Sanston's management.

　　Safety Measures:

　　Sanston commits to protecting the confidentiality and security of its clients personal information through a privacy policy. The firm employs physical, electronic, and procedural safeguards to protect personal data.

　　Access to personal information is strictly limited to employees and agents who need it to perform their job functions, and all personnel are trained to safeguard this information.

　　Furthermore, third-party service providers are contractually obligated to maintain the confidentiality of any personal data they handle and are restricted from using it for any unauthorized purposes. This multi-layered approach to security helps prevent data leakage and ensures the safety of client funds.

What are securities to trade with Sanston？

　　Sanston facilitates trading and handling of various types of securities and financial instruments in the Hong Kong market.

• 　　Equities: Sanston enables trading in stocks listed on the Hong Kong Stock Exchange. They handle dividend collections, bonus issues, and rights subscriptions associated with these stocks.

• 　　Warrants and Covered Warrants: The platform supports warrant conversion and trading, with specific fees associated with these transactions.

• 　　Corporate Actions: Sanston processes corporate actions such as accepting cash offers and other related activities, charging specific fees for each lot handled.

• 　　Scrip Dividends and Bonus Warrants: They collect scrip fees for handling dividend and bonus warrant collections.

• 　　Rights Issues: Sanston provides services for the subscription and collection of rights, along with handling charges for these transactions.

• 　　Stock Deposits and Withdrawals: They offer both electronic (via CCASS) and physical stock deposits and withdrawals, with various fees depending on the method and specifics of the transaction.

• 　　IPO Applications: Handling charges are applied for managing initial public offerings applications and related financial activities such as returned cheques.



Sanston Fee Review

　　Sanston's fee structure for trading in Hong Kong and Malaysia includes brokerage fees, transaction levies, stamp duties, and additional charges for services like dividend collection and corporate actions, with specific rates and handling charges detailed for both markets.

• 　　Hong Kong Market:

• 　　Brokerage Fee: 0.25% of the transaction amount.

• 　　Transaction Levy: 0.003% of the transaction amount.

• 　　Transaction Fee: 0.005% of the transaction amount.

• 　　Stamp Duty: HK$1 per HK$1,000 of the transaction amount.

• 　　CCASS Fee: 0.003% of the transaction amount (minimum HK$5, maximum HK$200).

• 　　Settlement Cycle: T+2 days.

　　Other Service Charges for Hong Kong:

• 　　Dividend Collection Fee: 0.5% of the total dividend amount (minimum HK$30, maximum HK$2,500).

• 　　Scrip Fee: HK$2.5 per lot (HK$1.5 collected by HK Clearing).

• 　　Rights Collection/Subscription Handling Charge: HK$30.00.

• 　　Corporate Action Fee: HK$1.2 per lot (HK$0.8 collected by HK Clearing).

• 　　Warrant/Covered Warrant Conversion Handling Charge: HK$50.

• 　　Stock Withdrawal Fee: 0.01% of stock value (minimum HK$3) + handling charges of HK$200.

• 　　Physical Stock Deposit/Withdrawal Fee: Handling charges of HK$100, action charges HK$5 per lot.



• 　　Malaysia Market:

• 　　Stamp Duty: 0.1% of the transaction amount (maximum MYR200).

• 　　Clearing Fee: 0.03% of the transaction amount (maximum MYR1,000).

• 　　Dividend Collection: To be confirmed.

• 　　Handling Charge for Dividend Collection: To be confirmed.

• 　　Dividend Withholding Tax: 26%.

• 　　Settlement Cycle: T+2 days.



Market	Fee Type	Fee Details
Hong Kong	Brokerage Fee	0.25% of transaction amount
	Transaction Levy	0.003% of transaction amount
	Transaction Fee	0.005% of transaction amount
	Stamp Duty	HK$1 per HK$1,000 transaction amount
	CCASS Fee	0.003%, Min HK$5, Max HK$200
	Dividend Collection Fee	0.5%, Min HK$30, Max HK$2,500
	Scrip Fee	HK$2.5 per lot, HK$1.5 collected by HK Clearing
	Rights Collection/Subscription Fee	HK$30.00 per transaction
	Corporate Action Fee	HK$1.2 per lot, HK$0.8 collected by HK Clearing
	Warrant/Covered Warrant Fee	HK$50 per transaction
	Stock Withdrawal Fee	0.01% value, Min HK$3 + HK$200 handling charge
	Physical Stock Handling Fee	HK$100 per transaction, HK$5 per lot
Malaysia	Stamp Duty	0.1%, Max MYR200
	Clearing Fee	0.03%, Max MYR1,000
	Dividend Collection	To be confirmed
	Handling Charge	To be confirmed
	Dividend Withholding Tax	26%

Sanston Trading Platform Review

　　Sanston offers a robust and versatile trading platform that supports both online and mobile trading.

　　This platform, available as an application for Android and iOS devices, enables clients to engage in securities trading conveniently from their smartphones or tablets.

　　The platform features a user-friendly interface designed to meet both novice and experienced traders, offering real-time market data, trading tools, and a secure environment for executing trades.



Customer Service

　　Sanston Limited offers customer support from its office located at Room 19, 11th Floor, Peninsula Centre, 67 Mody Road, Tsim Sha Tsui East, Kowloon, Hong Kong.

　　Clients can reach the support team via email at enquiry@wilsonsec.com.hk or by phone at +852 3549 8112 for assistance with any inquiries or issues they will encounter.

　　The firm's dedicated customer service team is prepared to provide detailed support and guidance, ensuring clients receive timely and helpful responses to enhance their trading experience.



Conclusion

　　Sanston operates as a well-established brokerage firm regulated by the Securities and Futures Commission of Hong Kong, offering a suite of trading services in both Hong Kong and Malaysia markets.

　　With competitive fees, including low brokerage and transaction rates, and a user-friendly trading platform available for both Android and iOS, Sanston satisfy effectively to a diverse client base.

　　The firm emphasizes security and efficient market access, making it a reliable option for investors looking to trade a variety of securities, manage corporate actions, and participate in IPOs.

FAQs

　　1. What types of fees does Sanston charge for trading？

　　Sanston charges a brokerage fee of 0.25% on transactions, along with other fees such as a transaction levy of 0.003%, a transaction fee of 0.005%, and a stamp duty of HK$1 per HK$1,000 traded in Hong Kong. Malaysia market fees include a stamp duty of 0.1% and a clearing fee of 0.03%.

　　2. What platforms does Sanston offer for trading？

　　Sanston provides a proprietary trading platform available as an app for both Android and iOS devices, allowing for efficient and secure trading on the go.

　　3. Is Sanston regulated by any financial authorities？

　　Yes, Sanston is regulated by the Securities and Futures Commission (SFC) of Hong Kong.

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.