What is CNI？
CNI Securities Group is a regulated financial institution that was founded in May 2008. It obtained a Type I Securities Trading license from the Hong Kong Securities and Futures Commission (SFC) in December 2009, demonstrating its compliance with regulatory standards.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros & Cons
Pros of CNI Securities Group:
Regulated by SFC: CNI Securities is regulated by the Hong Kong Securities and Futures Commission, which provides assurance that the company operates under established regulatory standards.
A range of services and products: CNI Securities offers a diverse range of financial products and services, including securities brokerage, margin trading financing, asset and wealth management, futures and commodities brokerage, initial public offerings, underwriting and placements, and prime execution services. This wide range of offerings allows clients to access comprehensive solutions for their investment needs.
Phone and email support available: CNI Securities provides support to its clients through phone and email channels, facilitating communication and addressing queries or concerns.
Cons of CNI Securities Group:
Limited educational resources: CNI Securities has limited educational resources available for clients. This means that individuals seeking educational materials or guidance to enhance their investment knowledge may need to seek resources elsewhere.
No 24/7 customer support: CNI Securities does not offer 24/7 customer support, which may be a drawback for clients who require immediate assistance outside of regular business hours.
No live chat support: CNI Securities does not offer live chat support as a communication channel. This may be inconvenient for clients who prefer real-time assistance or have urgent inquiries that require immediate attention.
Is CNI Safe or Scam？
CNI is regulated by SFC. It is regulated by reputable authorities, has been in operation for several years, and has received positive reviews from many customers. Based on the information available, CNI appears to be a reliable and trustworthy broker.
However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.
Trading Products
CNI offers a variety of products including securities brokerage, margin trading financing, asset and wealth management, future and commodities brokerage, initial public offers, underwriting and placements and prime execution services direct market access.
- Securities brokerage: Buying and selling of various securities (stocks, bonds, mutual funds) on behalf of clients.
- Margin trading financing: Borrowing funds from CNI to trade securities with leverage.
- Asset and wealth management: Personalized strategies and advice for managing investment portfolios.
- Futures and commodities brokerage: Trading contracts for future delivery of commodities or financial instruments.
- Initial public offerings (IPOs): Assisting companies in issuing new shares to the public.
- Underwriting and placements: Facilitating the sale of securities in various financial markets.
- Prime execution services with direct market access: Allowing clients to execute trades directly on major exchanges and access real-time market data.
Accounts
For CNI, clients can open an account online or through face to face. Each steps have showed on the website. Traders can visit the website and learn about the specific methods to open accounts.
Charges & Commissions
CNI Securities' trading commission for Hong Kong stock trading is 0.25% of the transaction amount (minimum HK$100), the Hong Kong Stock Exchange charges 0.005% of the transaction amount, the SFC transaction levy is 0.0027% of the transaction amount, stamp duty is charged at HK$1 for every HK$1,000 transaction amount (less than HK$1 is calculated according to HK$1), the stock deposit is free, the stock withdrawal fee is US$5 per lot (minimum charge of HK$20), each charge is HK$100.
The transfer fee is 0.25% of the total value of each withdrawal settlement instruction (minimum charge of HK$100,00). Exercise of warrants or cash purchase/company acquisition privatization fee is HK$1.5 per lot, plus stamp duty and handling fee of HK$100 each; registration and transfer fee is HK$2 per lot, collection fee is 0.5% of the amount (minimum HK$20), and HK$300 per order plus 2% of the total amount and clearinghouse fee (minimum HK$300) for unclaimed dividend claims.
Trading Platforms
CNI Securities offers a comprehensive trading platform that provides quotes, chart analysis, company information, and news to keep traders informed of the market. In addition, the trading software is available in both English and Chinese, with full Chinese language access to stock information, trading indicators, and global news and information, and can be downloaded from the App Store, Google Play, or directly from the CNI North website.
Deposits & Withdrawals
Traders are required to deposit funds by crossed cheque to HSBC, Hang Seng Bank, and Bank of China [CNI Securities Group Limited].
A handling fee of HK$100 will be charged for applying for real-time delivery, and traders can also choose to transfer funds by CHATS or TT, and a handling fee of HK$200 will be charged. Customers can apply for withdrawal after T+2 after selling their shares or pay interest if they want to withdraw earlier.
Customer Service
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: +852 2153-1666
+852 2153-1868 (Monday- Friday)
WeChat: Cnigroup16688
Email: cs@cnigroup.com.hk
cs@CNIGroup.com.hk
Moreover, clients could get in touch with this broker through the social media, such as Twitter.
Conclusion
In conclusion, CNI Securities Group is a regulated financial institution headquartered in Hong Kong. It holds licenses from SFC. With its diverse range of products and services, CNI Securities aims to cater to the various investment needs of its clients.
Overall, CNIcan be an ideal choice for beginners due to its regulated status and accessible customer support. However, users should be aware of the platform's limitations, including the limited product range, restrictions on certain trading strategies, inactivity fees, and a somewhat restricted research selection.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
