Score
China Gather
Hong Kong|5-10 years| http://www.cgwfinance.com/default.asp?langcode=en
Website
Rating Index
Contact
Licenses
Licensed Institution：China Gather Wealth Financial Company Limited
License No.：AGQ863
Single Core
1G
40G
1M*ADSL
- This broker exceeds the business scope regulated by China Hong Kong SFC(license number: AGQ863)SFC-Dealing in securities Non-Forex License. Please be aware of the risk!
Basic information
Hong Kong
Users who viewed China Gather also viewed..
MultiBank Group
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
IC Markets Global
- 15-20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
Neex
- 15-20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
HFM
- 10-15 years |
- Regulated in Cyprus |
- Market Making(MM) |
- MT4 Full License
Website
cgwfinance.com
Server Location
Hong Kong
Website Domain Name
cgwfinance.com
Server IP
218.255.179.77
Company Summary
| China GatherReview Summary | |
| Founded | 2013 |
| Registered Country/Region | Hong Kong |
| Regulation | Exceeded the Regulation by the SFC |
| Market Instruments | Stocks, Bonds, Commodities, Derivatives, ETFs |
| Demo Account | Not Mentioned |
| Leverage | Stocks: Standard (1:2), Margin (1:10), Professional (1:20) |
| Spread | Start from 0.0 pip |
| Trading Platform | Online and Mobile trading platform |
| Min Deposit | HK$1,000 |
| Customer Support | Phone+852 2890 9633 |
| mail@cgwfinance.com | |
China Gather Information
China Gather, established in Hong Kong in 2013, serves as a financial services platform providing many trading assets, including HKSE, trade bonds, commodities, derivative instruments, and ETFs. The platform has advantages such as competitive commission rates, flexible leverage options, and convenient online and mobile trading. However, it is not regulated by any financial authority currently.
Pros and Cons
| Pros | Cons |
|
|
| |
|
Is China Gather Legit?
China Gather operates without any regulations. The certificate licensed by the Securities and Futures Commission (SFC) is already exceeded.
What Can I Trade on China Gather?
China Gather provides access to multiple assets, including stocks, bonds, commodities, derivatives, and exchange-traded funds (ETFs).
| Tradable Instruments | Supported |
| Derivatives | ✔ |
| Commodities | ✔ |
| Stock | ✔ |
| Indices | ✔ |
| Exchange-traded funds | ✔ |
| Shares | ❌ |
| Metals | ❌ |
China Gather Account Type
China Gather provides a diverse range of account types to accommodate the varied needs of users, offering flexibility and tailored options for different investor preferences.
| Feature | Standard | Margin | Professional |
| Leverage | 1:2 (Stocks) | 1:10 (Stocks) | 1:20 (Stocks) |
| Spread | Variable | Variable | Variable |
| Commission | 0.15% (Internet) | 0.08% (Internet) | Negotiable |
| Minimum Deposit | HK$1,000 | HK$50,000 | HK$1,000,000 |
| Demo Account | Yes | Yes | Yes |
| Trading Tool | Web-based and mobile app platforms | Web-based and mobile app platforms | Web-based and mobile app platforms |
China Gather Leverage
The maximum leverage of China Gather depends on the type of asset and the account type. For stocks, the maximum leverage is 1:2. For bonds, the maximum leverage is 1:4, and for commodities, the maximum leverage is 1:10.
| Asset | Account Type | Maximum Leverage |
| Stocks | Standard | 1:02 |
| Stocks | Margin | 1:10 |
| Bonds | Standard | 1:04 |
| Bonds | Margin | 1:20 |
| Commodities | Standard | 1:10 |
| Commodities | Margin | 1:50 |
| Professional | Stocks | 1:20 |
| Professional | Bonds | 1:40 |
| Professional | Commodities | 1:100 |
China Gather Fees
- Commissions
China Gather imposes a detailed fee structure encompassing trade-related services, settlement-related services, nominee services, corporate actions, fund financial charges, and various other service charges. You can check the table for commissions of specific services.
| Trade-related Services | |
| Commission (Phone) | 0.25% of Transaction Amount (Minimum charge : HK$100.00) |
| Commission (Internet) | 0.15% of Transaction Amount (Minimum charge : HK$50.00) |
| Trading Platform Fee | HK$15.00 per transaction |
| SFC Transaction Levy | 0.0027% of Transaction Amount |
| SEHK Trading Fee | 0.00565% of Transaction Amount |
| FRC Transaction Levy | 0.00015% of each Transaction Amount |
| CCASS Clearing Fee | 0.002% of Transaction Amount (Minimum charge: HK$3.00) |
| Stamp Duty | 0.1% of Transaction Amount (Roundup dollar) |
- Withdrawal
Settlement-related services include charges for stamp duty deeds, physical shares withdrawal, settlement instruction withdrawal, and investor settlement instruction withdrawal, among others.
| Scrip Handling and Settlement-related Services | |
| Stamp Duty Deed | HKD5.00 for each transfer deed |
| Physical Shares Deposit | Free of charge |
| Physical Shares Withdrawal | HK$5.00 per lot (Minimum charge :HK$15.00) |
| Settlement Instruction (SI) Deposit | Free of Charge |
| Settlement Instruction (SI) Withdrawal | 0.002% of Stock value, plus Handling Fee HK$100.00 per stock (Minimum charge: HK$2.00, Maximum charge: HK$500.00) |
| Investor Settlement Instruction (ISI) Deposit | Fee of charge |
| Investor Settlement Instruction (ISI) Withdrawal | HK$50.00 per stock |
| Multi-Counter Transfer Instruction | HK$10.00 per transaction |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Web-based and mobile app platforms | ✔ | PC and Mobile | Investors of all experience levels |
| MT4/MT5 | ❌ | PC and Mobile | Investors of all experience levels |
Deposit and Withdrawal
China Gather provides investors with many methods for fund deposits, including The primary options including Internet Banking/ATM/Bank Counter Services, Submit Cheque In-person, or Telegraphic Transfer.
China Gather imposes specific fees for various payment transactions. For HKD House Transfer (HSBC Only), clients will incur a fee of HK$100.00 per transaction.
Local bank transfers (chats) come with a charge of HK$300.00 per transaction, while overseas bank telephonic transfers (T/T) involve a fee of HK$400.00 per transaction.
Customer Service
You can reach out to China Gather 7/24 by email at mail@cgwfinance.com or by phone at +852 2890 9633.
| Contact Options | Details |
| Phone | +852 2890 9633 |
| mail@cgwfinance.com | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | Facebook, Instagram, Twitter, YouTube, etc |
| Supported Language | English |
| Website Language | English |
| Physical Address | Unit A1 & A2, 12/F., Lippo Leighton Tower, 103 Leighton Rd., Causeway Bay, Hong Kong. |
Keywords
- 5-10 years
- Regulated in Hong Kong
- Dealing in securities
- Suspicious Scope of Business
- Suspicious Overrun
- Medium potential risk
Content you want to comment
Please enter...
Review 1
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now