Hong Kong|10-15 years| https://www.veredsec.com/vsec/en/index.html
Website
Single Core
1G
40G
| CVS Review Summary | |
| Founded | 5-10 years |
| Registered Country/Region | Hong Kong |
| Regulation | SFC |
| Main Services | Securities brokerage, underwriting, bookkeeping, and investment banking |
| Demo Account | Unavailable |
| Leverage | N/A |
| Trading Platforms | China Vered Securities |
| Minimum Deposit | N/A |
| Customer Support | Fax, phone, email |
CVS, also known as China Vered Securities, is a regulated financial institution based in Hong Kong that offers a trading platform providing diverse financial. The company has a strong shareholder background, experienced financial experts, and an extensive business network in China and Hong Kong.
Recent reports suggest that some customers have encountered issues with withdrawing their funds from CVS, which the company has acknowledged and promised to address.
If you are interested, we would like to offer you the opportunity to read our forthcoming article, in which we will conduct a comprehensive evaluation of the broker from multiple perspectives. We will present you with neatly organized and concise information, covering various aspects of the broker. By the conclusion of the article, we will provide a succinct summary that will give you a comprehensive understanding of the broker's key traits.
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- Regulated by SFC: CVS being regulated by the Securities and Futures Commission (SFC) is a positive aspect. It signifies that the broker operates in compliance with regulatory standards, which can provide a level of assurance to investors.
- A range of payment options: CVS offers various payment options, which can provide convenience and flexibility for clients when depositing or withdrawing funds from their trading accounts.
- Various financing services: CVS provides a range of financing services, which can be advantageous for traders who require additional capital for their investments. These services can potentially offer more opportunities for leveraging and diversifying investment strategies.
- Reports of unable to withdraw: There have been reports from users stating difficulties in withdrawing funds from their accounts. This could be a concerning issue for investors, as the ability to access and withdraw funds in a timely manner is crucial.
- No social media presence: CVS lacks a social media presence, which may be seen as a drawback in terms of transparency and communication with clients. Many reputable brokers maintain an active social media presence to provide updates, educational content, and engage with their customer base.
CVS is subject to regulation by the Securities and Futures Commission (SFC), an autonomous statutory organization established in 1989 to oversee the securities and futures markets in Hong Kong. The SFC's powers are derived from the Securities and Futures Ordinance (SFO) and related legislation, which grant them authority in investigations, remedies, and disciplinary actions.
Nevertheless, it is crucial for investors to be aware that all investments carry a certain degree of risk. It is highly recommended for traders to conduct thorough research and carefully evaluate their options before making any investment decisions.
CVS offers a range of financial services, including:
Brokerage Business:
CVS provides securities and futures brokerage services to customers in the Hong Kong capital markets. They offer a variety of investment products such as stocks listed on SEHK (Hong Kong Stock Exchange), stocks listed through Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect, listed trusts, funds, callable bull/bear contracts, warrants, and futures listed on SEHK.
Margin Financing Business:
CVS offers tailor-made margin financing solutions to high net worth investors with professional backgrounds. They conduct comprehensive analysis of a stock's market value, volatility, and fundamental factors to provide competitive margin financing ratios and preferential interest rates, aiming to increase potential investment returns.
Stock Pledge Financing Business:
CVS provides flexible financing solutions through stock pledges to corporates, high net worth individuals, and professionals. Stock pledge financing allows borrowers to use their stock holdings as collateral for loans, providing them with additional capital for various purposes.
Debt Capital Market (DCM) Business:
CVS offers services in the debt capital market, assisting corporates with debt financing through the issuance of bonds or other debt instruments. This allows corporates to raise capital to fund their operations or expansion plans.
Equity Capital Market (ECM) Business:
CVS engages in equity capital market activities, facilitating the raising of capital for corporates through equity offerings such as initial public offerings (IPOs) or secondary offerings. This enables corporates to secure funding by selling shares to investors.
Corporate Finance Business:
CVS provides cross-border financing services to corporate customers. They assist corporates in conducting cross-border business activities, broadening their financing channels, and seeking merger and acquisition (M&A) opportunities. CVS covers advantageous regions including Hong Kong, Mainland China, Japan, Singapore, and Australia to facilitate these services
On the website of CVS, it offers information about how to open an account for individual clients and companies. To open an account, traders can visit the website and learn about the procedures, preparing the document to finish the opening steps.
The trading platform offered by CVS, China Vered Securities, provides clients with an efficient and reliable electronic trading system. The platform is designed to facilitate seamless and secure trading activities for both individual and institutional investors.
With a user-friendly interface and intuitive navigation, the platform offers convenience and ease of use. Clients can access the trading system through various channels, including the Apple Trading app for iOS devices and the Android Trading app for Android devices. These mobile applications enable users to execute trades conveniently, even while on the go.
The platform also offers a Windows download option, allowing clients to access the trading system on their desktop computers. This provides a comprehensive and robust trading experience, with advanced features and tools at their fingertips.
CVS charges different commissions and fees according to different items. For example, for Hong Kong Securities, the commissions and fees charged by CVS follows:
| Fee/Charge | Amount |
| Commission Fee | 0.25% of transaction amount (Minimum HK$100 per transaction) |
| Transaction Levy (charged by SFC) | 0.0027% of transaction amount |
| Trading Fee (charged by SEHK) | 0.00565% of transaction amount |
| Stamp Duty (charged by HKSAR Government) | 0.1% of transaction amount (Rounded up to the nearest dollar) |
| CCASS Fee | 0.002% of gross value of an exchange trade, subject to a minimum fee of HK$2 and a maximum fee of HK$100 per trade |
| Financial Reporting Council Levy | 0.00015% charged on each purchase or sale transaction |
| Italian Financial Transaction Tax (charged by Italian Government) | 0.2% on the net purchase amount based on the weighted average purchase price and the net price |
To learn the specific commissions and fees charges by CVS, clients can visit the website and click the “Commission and Fee”and obtain accurate and up-to-date information regarding specific commissions and fees charged by CVS.
https://www.veredsec.com/vsec/en/fees/HKstocks/HKstocks.html
Electronic transfer
Cheque
Wire transfer
Bank Account:
| Currency | Bank | Account Name | Account Number |
| HKD | Bank of China | China Vered Securities Ltd | 012-875-0-051719-5 |
| USD | Bank of China | China Vered Securities Ltd | 012-875-0-804435-0 |
| RMB | Bank of China | China Vered Securities Ltd | 012-875-0-604099-6 |
| Process | Channel | Notes |
| Submit request | Mobile app | Use the CVS mobile app to submit withdrawal instructions. |
| Sales and Customer Services hotline | Contact the hotline to provide withdrawal instructions. | |
| Cut-off time | Before 12:00 pm on a trading day | Withdrawal instructions should be provided before the daily cut-off time. |
| Next day | After 12:00 pm or non-trading day | Withdrawal instructions submitted after the cut-off time will be processed the next working day or next trading day. |
| Identity verification | – | Withdrawal instructions can only be placed after the client or authorized person has completed the identity verification process. |
Please ensure to carefully assess the available information and consider the risks involved in trading on the platform as there have been reports of difficulties in withdrawing funds. It is recommended that you visit our website to gather essential details before engaging in any trading activities. In case you come across any fraudulent brokers or if you have personally experienced such issues, kindly inform us through the Exposure section. Your cooperation is highly appreciated, and our team of experts will make every effort to address the problem promptly.
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: (852) 3899-3900
Fax: (852) 3899-3909
Email: info@veredsec.com
Address: 24/F, China Taiping Tower,8 Sunning Road, Causeway Bay, Hong Kong
In conclusion, CVS is a financial institution that offers a wide range of financial services. The company operates under the regulation of SFC.
With its strong shareholder background and experienced financial experts, CVS has built a reputation for providing diversified financial services and maintaining an extensive business network in China and Hong Kong.
Overall, CVS strives to maintain its superior brand image, enhance its global presence, and continue serving as a reliable financial institution for individuals and businesses seeking comprehensive financial solutions.
| Q 1: | Is CVS regulated？ |
| A 1: | Yes. It is regulated by SFC . |
| Q 2: | How can I contact the customer support team at CVS？ |
| A 2: | You can contact via telephone: (852) 3899-3900, Fax: (852) 3899-3909 and email: info@veredsec.com. |
| Q 3: | Does CVS offer the industry leading MT4 & MT5？ |
| A 3: | No. Instead, it offers China Vered Securities. |
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.
China Vered Securities Limited
CVS
Regulated
Platform registered country and region
Hong Kong
+852 3899-3900
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24/F, China Taiping Tower,8 Sunning Road, Causeway Bay, Hong Kong
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info@veredsec.com
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2024-03-29 19:06
