Tongjin 通金證券

Tongjin
WikiStock Rating	⭐⭐
Account Minimum	Sufficient funds or stocks
Commission	0.25%
Account Fee	No
Interests on Uninvested Cash	Not Mentioned
Margin Interest Rates	Not Mentioned
Mutual Funds Offered	Not Mentioned
App/Platform	Tongjin Securities all-in-one application
Promotions	Not Mentioned

What is Tongjin？

　　Tongjin Securities Limited, a licensed institution approved by the Hong Kong Securities and Futures Commission (SFC), offers professional securities trading services to customers. Tongjin has introduced an online platform for convenient account opening and stock trading, enabling customers to trade securities over the Internet and access real-time quotes and account information. The services offered include trading of stocks, ETFs, options, warrants, CBBCs, and margin trading in the Hong Kong markets. Customers can leverage the platform's market data for potential investment opportunities.

Pros & Cons

• 　　Compatibility across multiple operating systems: Tongjin's application being compatible with various operating systems, such as Windows, Mac, iOS, and Android, provides convenience and flexibility to a wide range of users.

• 　　Comprehensive customer support options: Tongjin offers various channels for customer support, including telephone, email, fax, and in-person visits.

• 　　Wide range of investment options: Tongjin provides customers with a variety of trading products, including stocks, ETFs, options, warrants, CBBCs, and margin trading. This diverse range of investment options allows for flexibility and access to different trading strategies.

• 　　Regulated by SFC: Tongjin operates under the regulatory oversight of the China Hong Kong Securities and Futures Commission. This regulatory authority ensures compliance with laws and regulations, protecting investors and maintaining market integrity.

Cons

• 　　Limited information on research and education: The details about the Research and Education offered by Tongjin are not specified.

Is Tongjin Safe？

• 　　Regulatory Sight: Tongjin operates under the regulatory oversight of the China Hong Kong Securities and Futures Commission in Hong Kong (No.BOU553), holding a valid security trading license. This regulatory authority ensures that financial institutions comply with relevant laws and regulations to protect investors and maintain market integrity.



• 　　User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

• 　　Security Measures: So far we haven't found any information about the security measures for this broker.

What are Securities to Trade with Tongjin？

　　Tongjin provides a variety of trading products for its customers, encompassing Stocks, ETFs, Options, Warrants, CBBCs (Callable Bull/Bear Contracts), and Margin Trading.

　　These products allow customers to engage in different types of securities transactions within the Hong Kong markets from a single integrated account. Customers can access a range of investment options, including traditional stocks, exchange-traded funds (ETFs), options for trading flexibility, warrant securities, CBBCs for leveraged trading opportunities, and margin trading for enhanced capital utilization.

Tongjin Accounts

　　Tongjin offers traders a cash account that operates on the principle of requiring sufficient funds or stocks in the account for order acceptance. This policy ensures that traders can only place orders for securities transactions if there are adequate funds or stocks available in their account. The cash account feature serves as a risk management measure to promote responsible trading practices and safeguard the financial interests of both traders and the company.

Tongjin Fees Review

　　Tongjin provides a clear and transparent fee structure for its services. Here are some of the major fee guidelines.

• 　　The commission rates for non-electronic services transactions, which stand at 0.25%.

• 　　Brokerage commission and third party maintenance fee (commission on transactions through electronic services) stands at 0.10%.

• 　　Non-residential property is 0.10% of the amount of each transaction, less than one dollar is counted as one dollar.

• 　　The SFC transaction levy is 0.0027 per cent of the amount per transaction.

• 　　Hong Kong Exchanges and Clearing Limited Trading Fee is 0.005 per cent of the amount of each transaction.

• 　　The stock central clearing fee is 0.002 per cent of the amount of each transaction.



Tongjin App Review

　　Tongjin provides customers with an all-in-one application accessible on various operating systems including Windows, Mac, iOS, and Android. The app offers a convenient platform for users to engage in securities trading activities and access a range of financial services. The availability of the app on different operating systems enhances accessibility and usability for a diverse user base.

Customer Service

　　Tongjin offers comprehensive customer support to its clients. Clients can reach out to Tongjin through various channels.

• 　　Telephone: +852 3188 8850

• 　　Email: cs@dfsecurities.com

• 　　Fax: +852 3188 2101

• 　　Company address: Room 7808, 78 / F, The Center, 99 Queen's Road Central, Hong Kong

Conclusion

　　In summary, Tongjin provides an all-in-one application that caters to securities trading needs across various operating systems. The compatibility with multiple devices offers convenience and flexibility for users, allowing them to manage investments and stay informed about market developments on their preferred devices.

FAQs

　　What regulatory authority oversees Tongjin's operations？

　　Tongjin operates under the regulatory oversight of the China Hong Kong Securities and Futures Commission (SFC).

　　What trading products does Tongjin offer？

　　Stocks, ETFs, options, warrants, and CBBCs (Callable Bull/Bear Contracts).

　　Does Tongjin offer margin trading？

　　Yes.

Risk Warning

　　The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.