Company Profile
Company Profile
Review summary
| WOCOM Review Summary | |
| Founded | 1995 |
| Registered Country/Region | Hong Kong |
| Regulation | SFC |
| Market Instruments | Forex, Stocks, Futures |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | WebTrader, mobile APP |
| Minimum Deposit | / |
| Customer Support | Email: cs@wocom.com.hk |
| Tel: (852) 2853-0111 | |
| WhatsApp: (852) 5616-0672 | |
WOCOM Information
WOCOM is a Chinese agency, which designs tailored investment programmes and strategies, aligning them with clients' financial goals to meet their unique requirements. It offers products including stocks, forex and futures.
Pros and Cons
| Pros | Cons |
| Regulated by SFC | Limited product types |
| Many payment options | Limited platform options |
| Long operational history | Inactivity fees charged |
Is WOCOM Legit?
| Regulated Authority | Current Status | Licensed Entity | Regulated Country | License Type | License No. |
| Securities and Futures Commission of Hong Kong | Regulated | Wocom Foreign Exchange Co. Limited | China | Leveraged foreign exchange trading | ACL076 |
| Securities and Futures Commission of Hong Kong | Regulated | Wocom Limited | China | Dealing in futures contracts | AAH843 |
| Securities and Futures Commission of Hong Kong | Exceeded | Wocom Securities Limited | China | Dealing in securities | AAC230 |
| Securities and Futures Commission of Hong Kong | Exceeded | Wocom Investment Management Limited | China | Advising on securities | AAG705 |
What Can I Trade on WOCOM?
WOCOM offers a range of trading products, including forex, stocks, and futures.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Futures | ✔ |
| Commodities | ❌ |
| Cryptos | ❌ |
| CFDs | ❌ |
| Indices | ❌ |
| ETFs | ❌ |
Account Types
WOCOM offers 2 types of trading accounts, one for individuals and the other for companies, which requires different documentation.
WOCOM Fees
Overall, WOCOM's trading fees are flexible. The spread and swap fee are not mentioned, and the commissions depend on different markets.
| Securities Trading | Brokerage Commission |
| Hong Kong Securities | Commission Negotiable |
| China Stock Connect | Commission Negotiable |
| Non-Trading Fees | Details |
| Deposit Fee | Not mentioned |
| Withdrawal Fee (Stock Withdrawal through CCASS) | For SI: HK$ 200 /stock/transaction |
| For ISI: HK$ 200 /stock/transaction | |
| For SI: CNY200 /stock/transaction | |
| Inactivity Fee | HK$ 100 semi-annual |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | Web | / |
| APP | ✔ | Android, iOS | / |
| MetaTrader 4 (MT4) | ❌ | / | Beginners |
| MetaTrader 5 (MT5) | ❌ | / | Experienced traders |
Deposit and Withdrawal
| Deposit Options | Minimum Deposit | Fees | Processing Time |
| Faster Payment System (FPS) | Not mentioned | Not mentioned | Same day (if before 4:00 pm on trading days) |
| Payment by Phone Service (PPS) | Not mentioned | Not mentioned | Same day (if before 7:00 pm on trading days) |
| Bank Transfer and Cheque Deposit (applicable to online banking, bank counter, ATM and cheque deposit machine) | Not mentioned | Not mentioned | Same day (if before 4:00 pm on trading days) |
| Telegraphic Transfer (applicable to overseas clients) | Not mentioned | Not mentioned | 2-3 working days |
问路人
Hong Kong
The scammer's account was exchanged for US dollars, which caused my bank card to be frozen, and the account numbers were all fake! Quota quotations and inside information are all fake.
Exposure
小沐
Hong Kong
Currently can not be contacted and can not be operated. Could you help me to check?
Exposure
Whizzman3348
Nigeria
WOCOM stands out as a trusted and well-regulated broker with over 20 years of excellence in the financial industry.
Positive
悅
United States
I recently discovered the company WOCOM, but their website doesn't clearly provide detailed information about the company. I think this is bad because I don't want to invest without knowing more information. Also, their website looks crude and doesn't have a great user experience. I'm not sure if that means they're less professional or reliable, but I'm not willing to take the risk.
Neutral