Hafoo Securities Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-07 15:26

Abstract：Hafoo Securities is a brokerage firm relying on Eastmoney, providing multi-market access and diversified products. Its fee structure is complex, and the deposit and withdrawal processes are cumbersome.

Hafoo Securities Review Summary
Founded	2-5 years
Registered Country/Region	Hong Kong
Regulation	Exceeded
Products and Services	Shares, ETFs, Stocks
Customer Support	cs@hafoo.com.hk
	Hong Kong: (00852)2111-2681
	Mainland China: (86)400-920-1822

Hafoo Securities Information

　　Hafoo Securities is a wholly-owned subsidiary of Eastmoney Information Co., Ltd. (listed on the Shenzhen Stock Exchange with the stock code SZ.300059). It is a licensed corporation recognized by the Hong Kong Securities and Futures Commission (SFC), holding the Central No. ATR761. Since its establishment, it has been committed to providing one-stop, diversified, and international financial and wealth management services to investors around the world.

Pros and Cons

Pros	Cons
Diverse Business Scope	Exceeded
Diverse Investment Products	Complex Fee Structure
Global Market Access	Currency Exchange Risks
Relying on Oriental Fortune

Is Hafoo Securities Legit?

　　Although Hafoo Securities is part of the Eastmoney Group and claims to be a licensed company regulated by the Hong Kong Securities and Futures Commission, its licensing status still gives rise to some concerns.

What Can I Trade on Hafoo Securities?

　　Hafoo Securities provides various trading instruments, including stocks traded in the Hong Kong, US, and A-share markets (through the Shanghai-Hong Kong Stock Connect). Exchange-traded funds (ETFs) are available for trading, as well as US stock option trading and trading of US Treasuries.

Tradable Instruments	Supported
Shares	✔
ETFs	✔
Stocks	✔

Hafoo Securities Fees

　　The fee structure for stock trading on Hafoo Securities is complex. For Hong Kong stocks, the trading commission is 0.025% of the transaction amount (with a minimum of HK$5 per order). For US stocks, the trading commission is US$0.49 per share (with a minimum of US$0.99 per order). For A-shares (through the Shanghai-Hong Kong Stock Connect), the trading commission is 0.025% of the transaction amount (with a minimum of RMB5). For other fees, please refer to the information on the official website.

Trading Platform

　　Hafoo Securities provides a trading platform that is accessible via desktop (Windows and Mac) and mobile devices (iOS and Android). The platform features a user-friendly interface, making it suitable for both novice and experienced traders.

Deposit and Withdrawal

　　Hafoo Securities offers a variety of deposit methods. For example, Hong Kong customers can deposit funds using a Hong Kong bank account. International customers can also deposit through bank transfers. Some accounts may support third-party payment platforms, but this may be subject to certain limitations and regulatory requirements.

　　Withdrawals are generally processed through the same channels as deposits. However, it should be noted that withdrawals may take a certain processing time and may incur fees, especially in cross-border transactions.