Yuanta Futures Information

Yuanta Futures (Hong Kong) is a wholly-owned subsidiary of Yuanta Futures Co., Ltd. (stock code: 6023), a leading enterprise in Taiwan's futures industry. It is a legitimate and compliant futures brokerage platform. The platform offers a rich and diverse range of products, covering indices, commodities, currencies, and various global futures contracts, meeting the diverse trading needs of different investors. The trading channels are convenient, supporting trading through applications such as the “YUANTA EPOLESTAR” on the PC side and the “Yuanta Hong Kong GO” on the mobile side.

Pros and Cons

Is Yuanta Futures Legit?

Yuanta Futures is a legitimate futures brokerage firm. It is regulated by the Taipei Exchange with the regulatory number being Unreleased, which proves that its businesses, including dealing in futures contracts and leveraged foreign exchange trading, are protected by the regulatory authority.

What Can I Trade in Yuanta Futures?

Yuanta Futures offers various trading instruments, including indices, commodities, currencies, and global futures.

Indices: We provide numerous index-related futures contracts, such as those related to the MSCI indices.

Commodities: We offer futures contracts for commodities like crude oil, gold, and agricultural products.

Currencies: Currency futures including USD-CNY (Hong Kong) Futures.

Global Futures: It encompasses a wide range of products, such as US Treasury bond futures, European stock index futures, as well as Singaporean currency and equity futures.

Yuanta Futures Fees

Yuanta Futures charges commissions for the trading of different futures contracts. For example, in Hong Kong futures trading, the commission for Hong Kong index futures and options is HK$50, while the commission for the mini-contracts of some US futures is as low as US$15.

In addition, other fees also need to be paid. For instance, the information service fee (for example, the real-time quotation fee for HKEX futures is HK$75 per month), the bank transfer fee (HK$75), and the service fees for account audit confirmation, and so on (HK$300). Moreover, a currency exchange fee is also payable, and a service charge of 10 percent needs to be added to the exchange rate provided by the bank or the agent.

Trading Platform

Yuanta Futures provides a computer trading platform named “YUANTA EPOLESTAR”, and also supports mobile trading, such as applications like “Yuanta Hong Kong GO”, which are suitable for Android and iOS devices.

Deposit and Withdrawal

Customers can deposit funds through bank transfers, including local and overseas remittances. For local deposits, customers can choose methods such as ATM, cheque machine, telephone banking, counter service, or online banking. For overseas remittance, customers can make the remittance, and please indicate their account name and account number with Yuanta Futures (Hong Kong) on the remittance slip.

Regarding withdrawals, customers can contact their business representatives or fill out withdrawal instructions and submit the withdrawal requests via fax or email. Local transfers are usually credited to the account on the same day, while overseas remittances take 1 to 2 working days.

FXCL Information

FXCL, founded in 2006, is a forex brokerage registered in Saint Vincent and the Grenadines. It is regulated by VFSC. Its current status is revoked. It charges no fees or commissions. Its leverage is up to 1:2000.

Pros and Cons

Is FXCL Legit?

FXCL is regulated by VFSC in Vanuatu. Its current status is revoked.

What Can I Trade On FXCL?

FXCL offers traders forex, indices, cryptocurrencies, metals to trade.

Account Types

FXCL offers 4 different types of accounts to traders - Start Account, Cent Account, Standard Account, Interbank Cent Account, Interbank Standard Account, ECN Pro Account, Live Contest Account, Volume Cash Account. It also provides demo accounts.

FXCL Fees

FXCL's spreads are as low as 0 pips. FXCL charges low commissions. It charges $3 per lot for forex, metals, indices 0.15% per lot of Crypto when transaction happens in ECN Account and $1.5 per lot for forex, metals when transaction happens in Live Contest Account and Volume Cash Account. The min deposit is $1.

Trading Platform

FXCL's trading platform is MT4 Margin WebTrader, which supports traders on PC, Mac, iPhone and Android.

Deposit and Withdrawal

FXCL offers a lot of deposit and withdrawal methods.

Deposit

Withdrawal

Copy Trading

FXCL's copytrading offers an opportunity to automatically follow good traders and monitor the markets.

Any FXCL client may open an ECN Copy Pro account as a Follower (hereinafter, Follower‘s Account).In order to open an ECN Copy Pro account as a Signal Provider (hereinafter, Provider’s Account), the client should verify the Traders Cabinet first and provide a link to his/her previous trading results on Myfxbook, MQL5 or FX Blue resource or upload an MT4 statement from his/her previous trading account (any account type from any broker is allowed).