logo |

News

    Home   >     Industry    >     CIFCO    >     Main body

    Introduction of CIFCO

    Abstract: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.

      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.

    Read more

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United States Dollar
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.