General Information
China International Futures Co., Ltd. (CIFCO) was formally established on December 28, 1992. China International Futures (Hong Kong) Company Limited (CIFCO HK) is a wholly-owned subsidiary of CIFCO. In 2015, CIFCO HK established China CIFCO Securities Co., Ltd. to provide customers with securities trading and related consulting services.
Business
CIFCO HK and CIFCO Securities provide domestic and foreign investors with various types of trading services such as global futures, options, Hong Kong stocks, funds, and derivative warrants. The main business of CIFCO is commodity futures, financial futures, futures investment consulting business and asset management. CIFCO Securities is mainly engaged in securities trading, custody, settlement, agency and margin financing services.
Commission
For securities trading services, the commission (for placing orders over the phone) is 0.25% of the transaction amount, and the minimum charge for each transaction is HK$/RMB100; the commission (for online orders) is 0.2% of the transaction amount, and the minimum charge for each transaction is HK$/RMB80.
Trading Software
The trading software for futures and options is E-Polestar.
Deposit & Withdrawal
Clients can transfer funds from the bank account of the same name agreed in the contract to the special account for client funds of CIFCO HK or CIFCO Securities through online banking, telephone banking, bank counter, etc. Clients who want to withdraw funds can submit a withdrawal request to CIFCO HK or CIFCO Securities. After confirming that there are sufficient funds in the customer's account, the Finance Department will transfer the funds to the customer's bank account with the same name. Remittance banks include Bank of China (Hong Kong) Limited and China Construction Bank (Asia) Corporation Limited. The daily transfer limit of online banking is HKD 500,000 or other foreign currency.
Trading Hours
The continuous trading hours of Hong Kong stocks are Monday to Friday (except public holidays) 9:30am–12:00pm in the morning and 1:00pm–4:00pm in the afternoon.
Customer Support
For enquiries, please call (852) 2573 9868 or 4001 200 939 or email help@cifcohk.com.