CHIEF Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-06 11:13

Abstract：CHIEF, incorporated in Hong Kong in 1979. It is currently regulated by the SFC, mainly provides securities and futures trading, and has its own trading platform.

CHIEFReview Summary
Founded	1979
Registered Country/Region	Hong Kong
Regulation	Regulated
Market Instruments	SecuritiesFutures
Demo Account	❌
Leverage	/
Spread	/
Trading Platform	Chief Deal
Min Deposit	/
Customer Support	Email: cs@chiefgroup.com.hk
Customer Support	Social Media: Facebook, Linkedin, Youtube, Whatsapp, Wechat

CHIEF Information

　　CHIEF, incorporated in Hong Kong in 1979. It is currently regulated by the SFC, mainly provides securities and futures trading, and has its own trading platform.

Pros and Cons

Pros	Cons
Regulated by SFC	MT4/5 is not supported
	Demo accounts are not available

Is CHIEF Legit?

Regulated Country/Region
Regulated Authority	SFC
Regulated Entity	Chief Commodities Limited
License Type	Dealing in futures contracts
License Number	AAZ607
Current Status	Regulated

What Can I Trade on CHIEF?

　　CHIEF supports you in securities and futures trading.

Tradable Instruments	Supported
Securities	✔
Futures	✔
Forex	❌
Precious metals & Commodities	❌
Indices	❌
Bonds	❌
ETF	❌

Account Types

　　CHIEF did not provide account information. However, the supported account opening methods are “remote account opening pass” appointments, in person and mail account opening. You can refer to: https://www.chiefgroup.com.hk/hk/account?apply=e-account

CHIEF Fees

　　CHIEF supports some projects free of commission, and the commission rate of the project is no more than 0.2%. The minimum fee ranges from HK $40 to HK $68 and RMB ¥40 to RMB ¥68.

Project	Charges (%)	Minimum Charge****
Commissions for online trading
Standard Plan*	0.0675	HK$40 / RMB¥40
Mimi Trade Program**	0.1	No minimum commission, no consolidation
Commission for phone trading*	0.125	HK$68 / RMB¥68
Commission for grey market online trading*	0.0675	HK$40 / RMB¥40
Grey Market Telephone Trading Commission*	0.125	HK$68 / RMB¥68
Monthly stock commission	The commission included in the offer is free of charge*	-
Dividend reinvestment commission#	gratis	-

Trading Platform

　　CHIEF offers its own platform Chief Deal, which can be used on mobile.

Trading Platform	Supported	Available Devices	Suitable for
Chief Deal	✔	Mobile	All traders
MT4	❌
MT5	❌

Deposit and Withdrawal

　　CHIEF offers 6 deposit methods: eDDA, FPS, QR Code, Instant PPS, Online Banking, Cash or check.

　　Withdrawals need to submit instructions via “Chief Trader” cash withdrawal or Top Trader, or withdraw funds via “SP Trader Pro HD” or SP Trader's customer service.