WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

chcf

Hong Kong|15-20 years|
Dealing in futures contracts|Suspicious Scope of Business|Medium potential risk|

http://www.chcf.com.hk/eng/index_3.html

Website

Rating Index

Contact

+852 3768 9988
info@chsec.com.hk
http://www.chcf.com.hk/eng/index_3.html
香港中环德辅道中24号创兴银行中心二楼
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+852 3768 9988

Other ways of contact

Broker Information

More

Company Name

Chong Hing Commodities & Futures Limited

Abbreviation

chcf

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2024-11-21
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

chcf · WikiFX Survey
A Visit to chcf in Hong Kong – Office Found
Hong Kong

Users who viewed chcf also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FP Markets

8.88
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

CPT Markets

8.60
Score
10-15 yearsRegulated in United KingdomMarket Making(MM)MT4 Full License
Official website

Decode Global

8.64
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

chcf · Company Summary

ChcfReview Summary
Founded2001
Registered Country/RegionHong Kong
RegulationSFC
Market InstrumentsFutures, Options
Demo Account/
Trading PlatformSPTrader
Min Deposit/
Customer SupportPhone: +852 3768 9988
Email: info@chsec.com.hk
Company Address: 2/F, Chong Hing Bank Center, 24 Des Voeux Road Central, Hong Kong

Chong Hing Commodities & Futures Limited (CHCF), a wholly-owned subsidiary of Chong Hing Bank, is a Hong Kong-based financial establishment concentrated on services in the financial sector. Its principal offerings include Futures and Options Contracts. With a sharp focus on maintaining credibility, CHCF operates under the regulation of the Securities and Futures Commission of Hong Kong (SFC), bearing the licence number AAJ506.

Chcf Review Summary

Pros & Cons

ProsCons
Regulated by SFCComplex fee structure
Proprietary trading platformMargin required for each contract

Is Chcf Legit?

CHCF operates under the regulatory supervision of SFC (Securities and Futures Commission of Hong Kong) with license no. AAJ506. This regulatory compliance indicates that their offerings align with the stipulated legal and ethical norms.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberRegulatory Status
HK
Securities and Futures Commission of Hong Kong (SFC)Chong Hing Commodities And Futures LimitedDealing in futures contractsAAJ506Regulated
Is Chcf Legit?

What Can I Trade on Chcf?

Trading AssetAvailable
futures
options
forex
commodities
indices
stocks
cryptocurrencies

Fees

CHCF charges varied fees based on contract type and transaction mode.

Fees include commission, Commission Levy, and Exchange Fee. Margin requirements apply to both Futures and Options Contracts and can change based on HKFE adjustments.

Futures Contract

Transactions TypeHSIMHIHHIMCHHTICHH
By PhoneCommission Charge (HK$)110.00 / 70.00*30.00 / 20.00*120.00 / 80.00*30.00 / 20.00*110.00 / 70.00*120.00 / 80.00*
Commission Levy (HK$)0.540.100.54
Exchange Fee (HK$)10.003.502.503.502.50
Total Trading Fee (HK$)120.54 / 80.5433.60 / 23.60124.04 / 84.0432.10 / 22.10115.54 / 75.54130.54 / 90.54
Via InternetCommission Charge (HK$)100.00 / 60.00*25.00 / 15.00*110.00 / 70.00*25.00 / 15.00*110.00 / 70.00*120.00 / 80.00*
Commission Levy (HK$)0.54
Exchange Fee (HK$)10.003.502.503.502.50
Total Trading Fee (HK$)110.54 / 74.0428.60 / 18.60114.04 / 74.0427.10 / 17.10105.54 / 65.54120.54 / 80.54

Options Contract

Transactions TypeHSIOMHIOHHIOMCHOHTIO
By PhoneCommission Charge (HK$)150.0060.00150.0060.00150.00
Commission Levy (HK$)0.540.100.54
Exchange Fee (HK$) +10.002.003.501.002.50
Total Trading Fee (HK$)160.5462.10154.0461.54155.54
Via InternetOptions Contract100.0030.00100.00
Commission Charge (HK$)0.540.100.54
Commission Levy (HK$)2.002.003.501.000.54
Total Trading Fee (HK$)110.5432.10104.0431.54105.54

If you would like to get more information, you can visit https://www.chcf.com.hk/eng/A06_service_charge_and_margin.pdffor details or contact with the company for direct clarification.

Trading Platform

In the past, CHCF utilized the i-Future trading platform for its trading operations. However, in a shift towards upgrading its technological interface, the financial organization transitioned to the SPTrader System from March 26, 2018.

The SPTrader System, compatible with Windows operating systems version 7 and higher, enables CHCF to adapt to modern technological trends and provide a more streamlined, user-friendly trading experience to its customers.

Trading PlatformSupported Available Devices Suitable for
SPTrader/Experienced traders
MT5Desktop, Mobile, WebExperienced traders
MT4Desktop, Mobile, WebBeginners

Deposit & Withdrawal

On CHCF, payments are made through Chong Hing Bank transfers. Clients need to uphold the margin requirements in their portfolios or follow their specified instructions, as CHCF can exercise rights over the funds in the clients' designated settlement accounts held at Chong Hing Bank before placing any orders. Clients must ensure enough available margin in their designated account for trade of futures contracts.

For withdrawals from futures accounts, clients should notify the Sales Department staff at CHCF and personally visit the head office or branches to fill the 'Client Fund Withdrawal Request Form'. Typically, fund withdrawal requests are processed on the next working day.

Review 4

4 Comments
Write a comment
All(4) Latest Exposure(4)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com