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BPI Financial Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-04 18:41

Abstract:BPI Financial, as a subsidiary of a Hong Kong Exchange listed company – Theme International Holdings Limited, was founded in 2017 and offers a wide range of financil services to clients such as global market access and clearing services, interdealer broking services, emerging deriviatives and structured trade solutions, etc. Furthermore, the broker holds client funds in segregated accounts separated from its operation account, ensuring safety of client assets. Though the company claims to be regulated by SFC in Hong Kong through its subsidiary Bright Point International Futures Limited, however, we have not found the latest license info so far, thus it's uncertain if the company is still regulated currently.

BPI Financial Review Summary
Founded2017
Registered Country/RegionHong Kong
RegulationFSC regulated
Products & ServicesGlobal Futures and Options, Interdealer Broking, Bulk Commodities Brokerage, RMB Denominated Brokerage, International OTC Swaps and Options, Access to Emerging Derivatives Markets, Electronic Trading Platform, Structured Trade Solutions
Trading PlatformATPlatform, CQG
Customer SupportHong Kong office: Units 3401-03, 34/F, China Merchants Tower, Shun Tak Centre, No. 168-200 Connaught Road Central, Sheung Wan, Hong Kong;
Singapore office: 3 Anson Road Springleaf Tower #19-01 Singapore 079909
Tel: +852 3755 8228; +65 6499 0618
Contact form

BPI Financial Information

  BPI Financial, as a subsidiary of a Hong Kong Exchange listed company – Theme International Holdings Limited, was founded in 2017 and offers a wide range of financil services to clients such as global market access and clearing services, interdealer broking services, emerging deriviatives and structured trade solutions, etc. Furthermore, the broker holds client funds in segregated accounts separated from its operation account, ensuring safety of client assets.

  Though the company claims to be regulated by SFC in Hong Kong through its subsidiary Bright Point International Futures Limited, however, we have not found the latest license info so far, thus it's uncertain if the company is still regulated currently.

BPI Financial Information

Pros and Cons

Pros Cons
Segregated accountsUncertain SFC regulation
Multiple trading platforms

Is BPI Financial Legit?

  BPI Financial claims to be regulated by SFC (Securities and Futures Commission) in Hong Kong and Singapore, however, the license info are not readily available or disclosed, leaving the public confused about its actual regulatory status.

  If you are risk-sensitive and care very much about regulation, then be prudent when choosing BPI Financial as your investment broker.

Services

  The firm provides a wide range of financial services to global clients:

  1. Global Market Access and Clearing Services: Trades canaccess trading and clearing in global derivatives markets, covering a broad range of financial instruments including global futures and options, alongside China Internationalized products.
  2. Interdealer Broking Services: As a role in price discovery and liquidity formation in OTC Markets, the company act as intermediaries to facilitate transactions among broker dealers and dealer banks based on their respective risk management and investment objectives. The company mainly deals in Bulk Commodities Brokerage such as coal derivatives, bulk commodities, base, and precious metals, Denominated RMB, etc.
  3. Emerging Derivatives Markets: Offering institutional investors efficient access to deep, liquid emerging, and exotic derivatives markets.
  4. Structured Trade Solutions: Assist clients in managing price risks, counterparty risks, and working capital needs through innovative trading structures, particularly in bulk commodities and base metals.
Services

Account Type

  To trade with Bright Point International Futures Limited for futures trading and clearing, you can open two kinds of accounts: Individual/Joint Account for retail investors and Corporate Account for institutional investors. After submitting required documents, you can start to enjoy the broker's services.

Trading Platform

  BPI Financial grants traders access to two core trading platforms: ATPlatform and CQG, Inc.

  ATPlatform, founded in Hong Kong in 2013, boasts a stable global financial derivatives trading system, a risk control console, and an efficient settlement mechanism.

  Offering direct market access to over 40 exchanges through a global network of co-located managed exchange gateways, CQG is known for its server-side order management tools and market data feed that consolidates information from more than 75 sources.

Trading Platform

Deposit & Withdrawal

  Traders can fund their BPI Financial account via TT (Telegraphic Transfer) or drop a cheque to the bank directly after receiving the Standard Settlement Instruction (SSI) with bank information.

  Accepted currencies include most of the major currencies- USD, SGD, PY, GBP, AUD, EUR, CNH, and HKD, etc. And any deficit currencies might be charged interest on a daily basis.

  

Related broker

Regulated
BPI Financial
Company name:BPI Financial Group Limited
Score
7.02
Website:http://www.bpifinancial.com
5-10 years | Regulated in Hong Kong China | Dealing in futures contracts | Suspicious biz area
Score
7.02

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