Abstract:Hafoo Securities is a service provider of premier brokerage and financial services, which was founded in Hong Kong in 2004. The broker offers products and services for securities, financial e-commerce services, financial data services, etc. However, it holds a suspicious clone SFC license, and potential risks are relatively high.
| Hafoo Securities Review Summary | |
| Founded | 2004 |
| Registered Country/Region | Hong Kong |
| Regulation | SFC (Suspicious Clone) |
| Market Instrument | Securities |
| Demo Account | ✅ |
| Trading Platform | Hafoo APP, Hafoo web |
| Customer Support | 24/7 support |
| Chinese Mainland: (86) 400-920-1822 | |
| Hong Kong: (00852) 2111-2681 | |
| Email: cs@hafoo.com.hk | |
| Address: Room 3203, 32/F, Admiralty Centre, 18 Harcourt Road, Admiralty, Hong Kong | |
Hafoo Securities is a service provider of premier brokerage and financial services, which was founded in Hong Kong in 2004. The broker offers products and services for securities, financial e-commerce services, financial data services, etc. However, it holds a suspicious clone SFC license, and potential risks are relatively high.

| Pros | Cons |
| Demo accounts | Suspicious clone SFC license |
| Long operation time | Commission fees charged |
| Various contact channels | No popular payment options |
Hafoo Securities is licensed by Securities and Futures Commission of Hong Kong to offer services but the current status is suspicious clone. Its license number is BJP084. The Securities and Futures Commission (SFC) is an independent statutory body set up in 1989 to regulate Hong Kong's securities and futures markets.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
![]() | The Securities and Futures Commission (SFC) | Suspicious Clone | Hafoo Futures Limited | Dealing in futures contracts | BJP084 |


Hafoo Securities offers securities trading and services in financial e-commerce and financial data.

Hong Kong Stocks
| Fee Type | Cost | Charger |
| Trading commission | Transaction amount*0.025%, minimum HKD 5/order | Hafu Securities |
| Platform usage fee | HK$15/order | Hafu Securities |
| Government stamp duty | Transaction amount*0.1%, each transaction with a digit less thpanHK$1 will be counted as HK$1 | Hong Kong Government |
| SFC transaction levy | Transaction amount*0.0027%, minimum HKD 0.01 per transaction | Hong Kong Securities andFutures Commission |
| Transaction levy of the Finance Bureau | Transaction amount*0.00015%, minimum HKD 0.01 pertransaction | Hong kongAssociation ofFinance Bureau |
| Stock exchange transaction fees | Transaction amount*0.00565%, minimum HKD 0.01 per transaction | Hong KongExchanges andClearing Limited |
| Settlement fee | Transaction amount*0.002%, minimum HKD 2 per transaction,maximum HKD 100 | Hong kongSecurities ClearingHouse |
| Trading system usage fee | HK$0 per transaction | Hong KongExchanges andClearing Limited |
| Stamp duty on loan/retumn of securities | Transaction amount*0.1%, if the balance of each transaction isless than HK$1, it will be rounded up to HK$1(if the registration with the tax bureau is successful, the stampduty on borrowing/returning securities will be waived) | Hong KongGovernment |
US Stocks
| Fee Type | Cost | Charger |
| Trading commission | 0.49 cents per share, minimum 0.99 USD pertransaction | Hafu Securities |
| Platform usage fee | 0.5 cents per share, minimum $1 per transaction | Hafu Securities |
| Settlement fees | 0.3 cents per share, minimum 0.01 US dollars | US stock settlement agency |
| SFC fees | Transaction amount*0% | SEC |
| Trading activity fee | 0.0166 cents per share, minimum 0.01 USD, maximum 8.3 USD (collected only when selling) | FINRA |
| ADR (American Depositary Receipt) fees | Typically $0.01 to $0.03 per share | Trust Company (DTC) |
| Dividend tax collection | Residents of Mainland China: Dividend*10% | US Government |
| Residents of Hong Kong and other regions: Dividend*30% |
Stocks through Shanghai-Shenzhen stock connect
| Fee Type | Cost | Charger |
| Trading commission | 0.025%, minimum RMB 5 | Hafu Securities |
| Platform usage fee | RMB 15/transaction | Hafu Securities |
| Stamp duty | 0.05%, minimum RMB 0.01 (charged only when selling) | government |
| Handling fee | 0.00341%,minimum RMB 0.01 | Exchanges |
| Securities management fee | 0.002%, minimum RMB 0.01 | Securities and Futures Commission |
| Trading Platform | Supported | Available Devices |
| Hafoo APP | ✔ | Mobile |
| Hafoo web | ✔ | PC, web |

The broker accepts payments done via Minsheng Bank Hong Kong Branch, China Merchants Bank Hong Kong Branch, Industrial and Commercial Bank of China (Asia), and CMB Wing Lung Bank. No minimum withdrawal amount defined and no fees or charges specified.


IG review for India in 2026: see the RBI Alert List entry, overseas regulation, login checks, forex limits, and a clear broker safety checklist.

Orbex, a Cyprus-based brokerage entity, has recorded 30 exposure complaints on WikiFX, a leading forex broker regulation inquiry tool, so far. Other review websites have also recorded a healthy number of complaints against the brokerage firm. These complaints largely talk about the alleged profit confiscations by the broker in the name of trading violations, difficulty in accessing fund withdrawals, capital losses due to artificial slippage, etc. In this Orbex review, we have investigated user complaints and provided a regulatory overview of the broker.

FCA warns Swift TradeX in a notice first published and updated on 1 September 2026. The UK Financial Conduct Authority says the firm may be providing or promoting financial services without permission, is not authorised, and may be targeting people in the UK. The notice names the website swifttradexai.com, a Worcester address and a UK telephone number, but also cautions that unauthorised businesses may use incorrect or borrowed contact details. The confirmed issue is authorisation status—not a court finding about every transaction. Anyone considering a payment should stop, verify the firm independently, and avoid using contact information supplied by the platform itself.

ThinkMarkets review for India: check the RBI Alert List, overseas entities, regulation, login security, forex rules, costs, withdrawals, and leverage risk.