What is Sanfull？
Sanfull Securities Limited, also known as Sanfull Securities, is a local brokerage firm that has been operating since 1968. It was originally founded as Fairfull Securities Company and has since grown to become a reputable player in the financial industry in Hong Kong.
As a regulated entity under the SFC, Sanfull Securities is committed to serving its clients with integrity and transparency. Sanfull Securities provides a range of services to its clients, including securities trading.
If you would like, we extend an invitation for you to read the forthcoming article in which we will conduct a comprehensive evaluation of the broker from multiple perspectives. Our aim is to present you with concise and well-structured information. By the conclusion of the article, we will provide a brief summary that offers a comprehensive overview of the broker's main qualities.
Pros & Cons
Pros of Sanfull:
- Sanfull is regulated by the Securities and Futures Commission (SFC), which adds a level of credibility and regulatory oversight.
- The broker has many years of experience in the industry, indicating a certain level of stability and expertise.
- Sanfull offers a user-friendly interface and easy installation process, which can be beneficial for traders seeking a smooth and convenient trading experience.
- The presence of an FAQ section can provide useful information and assistance to clients.
Cons of Sanfull:
- Limited funding options restrict clients' choices when it comes to depositing and withdrawing funds.
- The absence of demo accounts could be a disadvantage for traders who prefer to test their strategies and familiarize themselves with the platform before risking real money.
- Sanfull has complex fee items, which will result in difficulties for clients in understanding the cost structure and potential charges.
- The broker lacks a social media presence, which could limit access to additional resources, updates, and community engagement opportunities.
Is Sanfull Safe or Scam？
Sanfull Securities is licensed by the Securities and Futures Commission (SFC), which is an autonomous statutory organization established in 1989 with the responsibility of regulating Hong Kong's securities and futures markets (License No.: APX230). Sanfull has been in business for several years, is regulated by reputed authorities. Based on the available information, Sanfull seems to be a dependable and trustworthy broker. Nonetheless, as with any investment, there is always an inherent element of risk involved, and it is crucial for investors to undertake their own research and carefully weigh their choices before committing their funds.
Products & Services
Sanfull offers a range of products and services to cater to the diverse investment needs of its clients.
Sanfull Futures Limited provides clients with the opportunity to invest in futures contracts. Futures trading involves buying or selling contracts that obligate the buyer to purchase or sell an underlying asset at a predetermined price and date in the future.
Sanfull facilitates stocks option trading, allowing clients to buy and sell options contracts on stocks. Options trading offers investors the right, but not the obligation, to buy or sell the underlying stock at a specified price within a certain timeframe.
Sanfull provides leveraged foreign exchange (forex) trading, allowing clients to trade currencies on margin. Leveraged forex trading enables investors to amplify their trading positions with borrowed funds, potentially magnifying gains or losses.
Sanfull facilitates short selling in Hong Kong (HK) as well as the Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) through the China Connect program.
Securities:
Sanfull offers stock borrowing and lending services in Hong Kong as well as the SSE and SZSE through the China Connect program. This service enables clients to borrow stocks from other investors for a specific period, facilitating short selling or other investment strategies.
Accounts
Sanfull offers several types of accounts for its clients, including Cash Account, Rolling Balance Account, Margin Account, Futures Account, and Electronic Trading Account. It is noted that if clients want to invest in securities or futures, must be open a separate account in two companies.
Sanfull Securities Limited
- Cash Account: This account is for clients who trade under a cash basis. It requires clients to settle all their transactions on or before the settlement day, which is typically two trading days after the trade execution.
- Rolling Balance Account: Similar to a Cash Account, a Rolling Balance Account settles with the account balance and allows the balance to roll over to the next trading day. It is suitable for clients who engage in frequent trading activities.
- Margin Account: A Margin Account is a loan account provided by Sanfull. Upon approval, clients can buy shares within a preset credit limit. The loan ratio, which determines the amount of credit available, varies for different securities and can be modified at Sanfull's discretion. The securities purchased serve as collateral for the loan.
- Electronic Trading Account: Clients can access Sanfull Securities' online trading system and conduct trading transactions directly through the internet. The only requirement for this account is that clients must have sufficient cash in advance to execute the trading instructions.
- Futures Account: Sanfull Futures offers this account for clients interested in trading futures contracts. Clients are required to maintain the margin requirement for futures products on a margin basis.
- Electronic Trading Account: Similar to the Electronic Trading Account for Sanfull Securities, clients can use Sanfull Futures' online trading system to trade futures contracts. Sufficient cash in the account is necessary to execute trading instructions.
Last but not least, Sanfull claims that they do not require any account opening deposit, nor do they require any monthly fee or minimum account balance.
Trading Platforms
Sanfull provides two trading platforms for its clients: Futures online trading software and the BSS System (AyersGTSv2Client) for securities trading.
The Futures online trading software is designed specifically for trading futures contracts. With this platform, clients can access real-time market data, place trades, and manage their futures contracts. Traders can monitor their positions, track market movements, and execute trades efficiently through this platform.
On the other hand, the BSS System is a trading platform offered by Sanfull for securities trading. It utilizes the AyersGTSv2Client software to facilitate online trading of securities. This platform provides clients with direct access to Sanfull's trading system, allowing them to trade equities, bonds, and other securities. Traders can monitor market prices, place orders, and manage their portfolios through the secure and user-friendly interface of the BSS System.
Fees
Sanfull charges different fees according to different items including trade- related fees, script handling and settlement-related fees and so on. For example, for the trade- related fees:
In order to learn the details of fees charged by Sanfull, traders can visit the website or directly click this code: https://www.sanfull.com/content.asp？pageid=41&langcode=en to look through the fee items.
Deposits & Withdrawals
Sanfull provides its customers with the convenience of depositing and withdrawing funds through wire transfers and bank cheques. Both of these methods offer secure and reliable ways to manage your funds with Sanfull.
Wire transfers are a popular option for customers who need to send or receive money quickly, as they offer near-immediate processing times and are often the preferred method for large transactions. With Sanfull, customers can rest assured that their wire transfer transactions will be completed securely and efficiently.
Meanwhile, bank cheques offer a tried-and-true payment option that is widely accepted and provides customers with a physical record of their financial transactions. Sanfull customers can utilize this payment method as an alternative to electronic transfers if they prefer to have a physical copy of their transactions.
Customer Service
Customers can visit their office or get in touch with customer service line using the information provided below:
Tel: 2853 2288
Fax: 2853 2244
Address: Suite 2001-6, 20/F, Cosco Tower, 183 Queen's Road Central, Hong Kong
More detailed contact info can be found in the below screenshot:
Additionally, Sanfull Securities offers a section on their website called Frequently Asked Questions (FAQ) to support their clients by addressing commonly asked questions and providing relevant information. The purpose of this FAQ section is to cater to clients' queries and concerns regarding the company's services, operations, and investment options. By providing this resource, Sanfull aims to enhance transparency and ensure that their clients have a clear understanding of their offerings, enabling them to make well-informed decisions.
Conclusion
In conclusion, Sanfull Securities is regulated by SFC. Sanfull Securities offers a range of services to its clients and various types of accounts to cater to the different investment needs of its clients. Overall, as a regulated brokerage firm, Sanfull Securities focuses on providing reliable and compliant services to its clients in Hong Kongs financial market.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading carries substantial risk, and it's possible to lose all of your invested capital. It can not be appropriate for all traders or investors, so it's crucial to fully comprehend the risks involved. Additionally, the information presented in this review can change as the company updates its policies and services, and the date when this review was created is also important to consider. As a result, it's recommended that readers always check the latest information directly with the company before making any decisions. The reader is responsible for using the information provided in this review.
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