First Shanghai Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-12 18:16

Abstract：Established in 1964, First Shanghai is a broker with headquarters in Hong Kong providing complete financial services including margin financing, equities trading, futures, commodities, and IPO subscriptions. Hong Kong's SFC controls it so guarantees investment protection and compliance.

First Shanghai Review Summary
Founded	1964
Registered Country/Region	Hong Kong
Regulation	Regulated by Securities and Futures Commission (SFC), License No.: AGK583
Market Instruments	Hong Kong Stocks, Shenzhen & Shanghai B-shares, Overseas Stocks, Futures & Commodities, IPO Subscriptions, Margin Financing, Shares Custodian Services, Nominee Services
Demo Account	/
Leverage	/
Spread	/
Trading Platform	/
Min Deposit	/
Customer Support	- Telephone: (852) 2522 2101
	- Fax: (852) 2810 6789
	- Address: 19/F, Wing On House, 71 Des Voeux Road Central, Hong Kong

First Shanghai Information

　　Established in 1964, First Shanghai is a broker with headquarters in Hong Kong providing complete financial services including margin financing, equities trading, futures, commodities, and IPO subscriptions. Hong Kong's SFC controls it so guarantees investment protection and compliance.

Pros and Cons

Pros	Cons
Regulated by Hong Kong's SFC	Limited information of fees
Wide range of market instruments	Lack of demo account
Access to major Hong Kong and global markets

Is First Shanghai Legit?

　　Yes, First Shanghai Futures Limited is legitimate. It is regulated by the Securities and Futures Commission (SFC) of Hong Kong, with a license type for Dealing in Futures Contracts. The license number is AGK583, and it has been in effect since February 24, 2005.

Services of First Shanghai

　　First Shanghai Futures Limited offers investing choices and futures contracts among other financial services. The business also backs direct investment programs and property development.

What Can I Trade on First Shanghai?

　　First Shanghai Futures Limited offers commodities, futures, and stocks as among the several trading choices. Access to the Hong Kong, Shenzhen, and Shanghai markets as well as significant worldwide exchanges helps it serve both local and foreign markets.

Tradable Instruments	Supported
Hong Kong Stocks	✔
Shenzhen & Shanghai B-shares	✔
Overseas Stocks	✔
Futures & Commodities	✔
IPO Subscriptions	✔
Margin Financing	✔
Shares Custodian Services	✔
Nominee Services	✔