Abstract:Regulated by the HK SFC, TFI Securities and Futures offers a quick account opening process, multi-market trading, low fees, and asset protection for all traders.
TFI SECURITIES AND FUTURES Review Summary | |
Founded | 2015-09-18 |
Registered Country/Region | Hong Kong |
Regulation | Regulated |
Market Instruments | Derivatives, Futures, and Stocks |
Trading Platform | SECURITIES and FUTURES Software (Windows, iPhone, and Android) |
Customer Support | Telephone: Hong Kong (00852) 3187 8778 |
Fax: Hong Kong (00852) 2116 9415 | |
Email: cs_tfisf@tfisec.com |
TFI SECURITIES AND FUTURES, namely TFI Securities and Futures Co., Ltd., is a wholly-owned subsidiary of TFI Securities Group Co., Ltd. It is committed to creating a one-stop financial service network for securities and futures trading for customers, and focuses on providing trading services for overseas markets such as Hong Kong and US stocks.
As a licensed corporation recognized by the Securities and Futures Commission of Hong Kong (Central Number: BAV573) and a participant of the Hong Kong Stock Exchange, it holds regulated business licenses for Type 1 (Securities Trading), Type 2 (Dealing in Futures Contracts), and Type 4 (Advising on Securities) in the operation of securities and futures trading.
Pros | Cons |
Regulated | Geographical restrictions |
Various tradable instruments | Complex fees |
Compensation protection | Inconvenience of cross-border remittance |
TFI SECURITIES AND FUTURES is a legitimate and compliant securities and futures trading platform. It holds a license issued by the Hong Kong Regulatory Authority with the license number BAV573.
At TFI SECURITIES AND FUTURES, investors can conduct a wide variety of transactions, covering stock trading such as Hong Kong stocks, US stocks, and A shares, futures trading, as well as trading of various derivatives such as options and warrants.
Tradable Instruments | Supported |
Derivatives | ✔ |
Futures | ✔ |
Stocks | ✔ |
Transaction Type | Fee Item | Rate/Fee | Minimum/Maximum Fee |
Hong Kong Stock Trading | Commission | 0.25% | Minimum HK$100 |
Transaction Fee | 0.00565% | Minimum HK$0.01 | |
Transaction Levy | 0.0027% | Minimum HK$0.01 | |
Settlement Fee | 0.002% | Minimum HK$2, Maximum HK$100 | |
Stamp Duty | 0.1% | If less than HK$1, it is counted as HK$1 | |
Financial Reporting Council Transaction Levy | 0.00015% | - | |
US Stock Trading | Commission | US$0.01 per share | Minimum US$15 per order |
Settlement Fee | US$0.003 × Number of Shares Traded | Minimum US$0.01 | |
SEC Fee | US$0.0000278 × Total Transaction Amount | Minimum US$0.01 | |
Trading Activity Fee | US$0.000166 × Number of Shares Sold | Minimum US$0.01, Maximum US$8.30 | |
Platform Usage Fee | US$0.002 per share | Minimum US$0.99 per order | |
HKEX - SSE - SZSE Connect | Commission | 0.25% | Minimum RMB100 |
Handling Fee (Stocks) | 0.00341% | - | |
Regulatory Fee (Stocks) | 0.002% | - | |
Transfer Fee (Stocks) | 0.001% | - | |
Registration and Transfer Fee | 0.002% | - | |
Transaction Stamp Duty | 0.05% | - | |
Dividend Tax | 10% of the total amount of dividends and bonus shares | - | |
Securities Portfolio Fee | Holding Stock Value × 0.008% ÷ 365 days | - |
TFI SECURITIES AND FUTURES provides trading platform software in multiple versions, including Windows, iPhone, and Android versions, supporting functions such as quick order placement, market quotation viewing, and account management.
Traders can remit funds to the account of TFI Securities and Futures Co., Ltd. through various methods such as online banking, mobile banking APP, bank counter, and check remittance. For transfers within the same bank, the funds will be credited to the account within 1 working day, and for inter-bank transfers, it will take 1 to 3 working days. After the remittance, a remittance notice needs to be issued.
Before withdrawing funds, it is necessary to confirm the amount that can be withdrawn on the same day. This amount is affected by various factors such as deposits and withdrawals, and the buying and selling of stocks. For example, the Hong Kong and US stock markets implement the T+2 settlement system, and a withdrawal application can only be submitted after the stocks sold have been settled. The withdrawal can be applied for through the TFI Securities APP, or by downloading and filling out the “Withdrawal Instruction” form and sending it to the customer service via email or WeChat.