GuoDu

Risk Warning

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 contained in this article is for general information purposes only.

General Information

GuoDu Review Summary
Founded	2008
Registered Country/Region	Hong Kong
Regulation	SFC
Main Business	Hong Kong stock business, U.S. stock business, China Connect, B-share business, asset management, and investment immigration
Demo Account	Unavailable
Trading Platforms	GuoDu Trading Treasure, GuoDu FastTrader Professional Edition and GuoDu Token
Minimum Deposit	N/A
Customer Support	Phone, email, fax, live chat

What is GuoDu？

GuoDu is a financial institution founded in 2008 and registered in Hong Kong. Operating within the framework of its SFC, GuoDu adheres to rigorous regulatory standards. With several years of operation, GuoDu has established a strong presence and has garnered positive reviews from numerous satisfied customers. It offers a wide range of financial services. It is worth noting that GuoDu implements a commission-based pricing model for its products and services.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros	Cons
• Regulated by SFC	• Additional services may come at an extra cost
• Multiple trading platforms and mobile apps	• No demo accounts
• Live chat available	• No social media presence
• A range of services and products

GuoDu Alternative Brokers

There are many alternative brokers to GuoDu depending on the specific needs and preferences of the trader. Some popular options include:

• Monex Securities – A reputable global brokerage firm offering comprehensive trading solutions, innovative platforms, and access to various markets for investors seeking a robust investment experience

• Kotobuki Securities - A registered securities whose business content covers financial instruments (Mediation, Agency, etc, of entrustment of securities trading).

• KIMURA SECURITIES – A trusted Japanese securities firm known for its comprehensive financial services, including stock trading, investment advisory, and wealth management.

Is GuoDu Safe or Scam？

GuoDu is regulated by the Securities and Futures Commission (SFC), which is an independent statutory body set up in 1989 to regulate Hong Kong's securities and futures markets. It is regulated by reputable authorities, has been in operation for several years, and has received positive reviews from many customers.

As with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

Main Business

GuoDu covers a wide range of business areas including Hong Kong stock business, U.S. stock business, China Connect business, B-share business, asset management, and investment immigration.

• Hong Kong Stock Business:

GuoDu provides coverage and analysis of the Hong Kong stock market, including major companies listed on the Hong Kong Stock Exchange, market trends, and investment opportunities.

• U.S. Stock Business:

GuoDu offers insights into the U.S. stock market, including coverage of major indices like the Dow Jones Industrial Average and the S&P 500, as well as analysis of U.S. listed companies and investment strategies.

• China Connect Business:

GuoDu provides information and updates on China Connect programs, which allow international investors to trade stocks listed on the Shanghai and Shenzhen stock exchanges through the Hong Kong Stock Exchange.

• B-Share Business:

GuoDu covers B-share business, which refers to the trading of shares by foreign investors on the Shanghai and Shenzhen stock exchanges. It offers analysis of B-share companies and trading activities.

• Asset Management:

GuoDu provides insights and guidance on asset management, including investment strategies, portfolio management, risk assessment, and market analysis to help individuals and institutions make informed investment decisions.

• Investment Immigration:

GuoDu covers investment immigration programs, which enable individuals to obtain residency or citizenship in foreign countries by making substantial investments. It provides information on different immigration programs, eligibility criteria, investment options, and legal aspects.

Accounts

GuoDu offers two ways to open an account: opening an account online and opening a witness account.

• Opening an Account Online:

This method allows individuals to open an account with GuoDu through an online application process. The specific steps may vary, but generally, the process involves creating an online account, providing required personal and financial information, and completing any necessary documentation. Customers may need to provide identification documents and additional information to comply with regulatory requirements. Once the application is reviewed and approved, the account can be activated, and the customer can start trading or investing through GuoDu's platform.

Steps:

(1) Submit account opening information online

- Submit account opening materials online, including identity information, investment information, etc.

- to complete risk disclosure, face recognition, and signature online

(2) Patiently wait for the staff to review the material

(3) Complete the account opening

After confirmation by a Hong Kong securities licensee that the account opening requirements are met, you will receive 3 emails to your reserved email address:

* Account opening confirmation email: your trading account number and basic information;

* Preset password email: preset transaction login password and trading software description;

* Guodu token activation email: Guodu token activation QR code and software download address.

• Opening a Witness Account:

In some cases, individuals may need assistance in opening an account, especially if they are not comfortable or familiar with the online process. GuoDu offers the option of opening a witness account, where customers can visit a physical location or meet with a representative who will guide them through the account opening process. The representative acts as a witness, ensuring that all necessary documentation is properly completed and submitted. This option may be suitable for those who prefer a more personalized and guided approach.

Step:

(1) Fill out the form

Submit account opening information on the official website of Guodu Kuaiyi, including real name, ID card number and other information. Submit it after confirmation, and our staff will contact you during working hours.

(2) Arrange for witnessing

After the staff contacts you, they will arrange for you to visit a nearby branch or a representative office for witnessing. Please bring the following documents:

Your identification card (ID card).

Proof of address: This can be a utility bill (such as water or electricity bill) or a credit card statement issued within the last three months.

During the witnessing process, you will sign the account opening forms under the supervision of the staff, and the witnessing will be completed.

If the contact address on the account opening form is the same as the address on your identification card, no proof of address will be required.

(3) Sign for the information

After the witness is completed, the witness will send a copy of your ID card, original account opening form, proof of address, and relevant information.

(4) Risk Assessment

After the witnessing is completed, you will receive a call from a licensed professional in the Hong Kong securities industry. They will conduct a risk assessment on you in accordance with relevant regulations of the Securities and Futures Commission of Hong Kong. They will also provide specific risk disclosure based on the Risk Disclosure Statement for Trading Derivative Products

(5) Complete the account opening

After completing the risk disclosure and confirming that the Hong Kong securities licensee meets the account opening requirements,you will receive 3 emails to your reserved email address:

* Account opening confirmation email: your trading account number and basic information;

* Preset password email: preset transaction login password and trading software description;

* Guodu token activation email: Guodu token activation QR code and software download address.

Trading Platforms

GuoDu offers three trading platforms including GuoDu Trading Treasure, GuoDu FastTrader Professional Edition and GuoDu Token.

GuoDu Trading Treasure:

This platform provides market data for Hong Kong stocks, US stocks, Hong Kong Stock Connect, and Shanghai/Shenzhen Stock Connect. It consolidates global market trends and captures investment opportunities. It also offers 24/7 financial news updates and supports new stock subscriptions.

• GuoDu FastTrader Professional Edition:

This platform is favored by experienced investors and offers seamless support on PC. It features streaming quotes, technical analysis tools, 10-level market data, and quick order placement. It provides in-depth data for Hong Kong stocks, tracks buying and selling activities of brokerages, and monitors shareholder movements. Please note that, as per the requirements of the Hong Kong Stock Exchange, professional software defaults to 15-minute delayed market data.

• GuoDu Token:

This is used in conjunction with the GuoDu Hong Kong trading platform. It generates dynamic verification codes for dual authentication during login, effectively enhancing trading security.

Commissions

GuoDu charge commissions for their products. Here are the details:

Commission for Hong Kong stocks

Cash accounts		Place an order over the phone
Commission rate	Minimum charge	Commission rate	Minimum charge
0.03%	HKD 30	0.2%	HKD 100

U.S. stock commissions

Cash accounts
Commission rate	Minimum charge
0.15%	USD 15

B share commission

Cash accounts		Place an order over the phone
Commission rate	Minimum charge	Commission rate	Minimum charge
0.12%	HKD 80 (Shenzhen B shares) USD 10 (Shanghai B shares)	0.2%	HKD 100 (Shenzhen B shares) USD 12 (Shanghai B shares)

Shanghai Stock Connect Commission

Cash accounts		Place an order over the phone
Commission rate	Minimum charge	Commission rate	Minimum charge
0.03%	RMB30	0.25%	RMB100

SZSE Commission

Cash accounts		Place an order over the phone
Commission rate	Minimum charge	Commission rate	Minimum charge
0.03%	RMB30	0.25%	RMB100

Fees

GuoDu charge various fees according to different services. Here are the details of fees charged by GuoDu.

Hong Kong stock trading fees

Expense classification	toll	Minimum charge
CCASS share settlement charges	0.005%	HK$10
Transaction levy	0.0027%	not
Transaction fees	0.00565%	not
stamp duty	0.13% (less than $1 is also counted as $1)	HK$1
FRC Transaction Levy	0.00015%	not

U.S. stock trading fees

Expense classification	toll
U.S. stock trading fees	0.000145 per share (minimum $0.01, maximum $7.27)Sell only
U.S. Securities and Futures Commission fees	0.0008%* Sell Amount per transaction (minimum USD 0.01 per transaction)Sell charge only

Shenzhen B-share trading fees

Expense classification	toll
stamp duty	0.1% (Sell only)
Transaction handling fees	0.00687%
Settlement fee	0.05% (up to $500 for Hong Kong stocks)
Payment Rollover Fee	Each stock is charged HK$50 per stock
Dividend tax	Net dividend 10%

Shanghai B-share trading fees

Expense classification	toll
stamp duty	0.1% (Sell only)
Transaction handling fees	0.00487%
Securities management fee	0.002%
Settlement fee	0.05%
Dividend tax	Net dividend 10%

Shanghai Stock Connect Trading Fees

Expense classification	toll
stamp duty	0.1% (Sell only)
Transaction handling fees	0.00487%
Securities management fee	0.002%
Transfer fees	China Clearing Shanghai: 0.001%
	HKSCC: 0.002%
Dividend tax	Net dividend 10%
Combination fee	0.008%	Calculated on a daily basis and charged monthly(Share value x 0.008% / 365 days)

SZSE Trading Fees

Expense classification	toll
stamp duty	0.1% (Sell only)
Transaction handling fees	0.00487%
Securities management fee	0.002%
Transfer fees	China Clearing Shenzhen: 0.001%
	HKSCC: 0.002%
Dividend tax	Net dividend 10%
Combination fee	0.008%	Calculated on a daily basis and charged monthly(Share value x 0.008% / 365 days)

Service charges

Fees for deposit and withdrawal of funds

Funds access services	toll	Minimum charge
1. Funds deposit fee
Send money to ICBC Asia sub-account	Overseas: ICBC Asia received HK$60Hong Kong local: ICBC Asia closes $10	not
Transfer by cheque or cash to a large account	not	not
2. Withdrawal Fee
Send money outside Hong Kong	HK$120	HK$120
Cheques are deposited at local banks in Hong Kong	not	not
Make electronic transfers to local banks in Hong Kong	HK$35	HK$35

Stock deposit and withdrawal fees

Spot stock and settlement services	toll	Minimum charge
Spot withdrawal fees	HK$5 per lot	HK$50
Spot deposit fees	Free (The Government charges a printing fee of HK$5 per sheet)	not
Settlement Instruction (SI)	Deposit - FreePick-up - Handling fee per share - HK$100 plus 0.05% of the stock value (based on the previous day's closing price), minimum HKD50	Pick-up - HK$150
Independent Investor Account Settlement Instruction	Deposit - FreePick-up - HK$50 per share	Pick-up - HK$50
Forcibly buy back shares	0.5% of the transaction amount, plus related transaction fees	HK$100

Corporate Action Charges

Nominee services and corporate action fees	toll	Minimum charge
1. Transfer Fees	HK$2 per lot	not
2. Dividend Collection Service Fee (Hong Kong Stocks)	0.5% of total cash dividend	HK$30
3. Dividend Collection Service Fee (Shanghai and Shenzhen Stocks)	0.5% of total cash dividend	RMB 30
4. Collect bonus share service fees	HK$2 per lot	HK$30
5. Collection of rights issue and warrant service fees	HK$2 per lot	HK$30
6. Nominee Share and Warrants	HK$50 per transaction and $1 per lot corporate action fee	HK$50
7. Apply for an additional rights issue	HK$50 per transaction and $1 per lot corporate action fee	HK$50
8. Privatization/Share Acquisition Fees	0.1% of the transaction amount and $1 per lot of corporate action fee	HK$100

Other charges

Bank charges and other charges	toll	Minimum charge
1. Interest on margin expiration	Preferential Rate+3%	not
2. Cash overdue interest	Preferential Rate+8%	not
3. Charges for wire transfers	HK$120 per transaction	HK$120
4. Refund Fees	HK$200 per transaction	HK$200
5. Resend monthly statements	HK$100 per monthly statement	HK$100
6. Warehouse rental charges	The promotion period is free	The promotion period is free
7. Purchase of new shares	HK$38 per transaction	HK$38
8. Subscription of new shares through agency financing	HK$88-HK$100 per transaction	HK$88-HK$100 per transaction
9. Dividend collection commission	HK$1,000 per order and $100 per instalment	HK$1,000 per order
10. Local Cash Transfer Withdrawal	HK$35 per transaction	HK$35 per transaction
11. Termination of Cheque Payment Fee	HK$100 per transaction	HK$100 per transaction
12. Change the name of the stock by buying and selling order	HK$500 per side	HK$500 per side
13. Bond Escrow Fees	0.005% of the face value of the bond every month	Minimum HKD 100 or USD 10

U.S. stock service charges

Expense classification	toll
Stock rollover	Through the American Depository Trust Company, deposits are free of charge, and the transfer is $40 per stock
American Depository Depository Fee	$0.03 per share per year (subject to U.S. Trust Company decision)
Vote letter on behalf of the present	Each case is $50
Collection of dividends	Dividend tax: 30% of total dividends Handlingfee: $20 per transaction
Collect bonus shares	$3 per case

Customer Service

GuoDu offers live chat. With live chat, customers can get their questions answered quickly and receive help with any issues they may have. It's a convenient and effective communication channel that can improve customer satisfaction and increase sales.

Customers can visit their office or get in touch with customer service line using the information provided below:

Tel: +852-3418 0288 (Trading days 08:30-17:30)

Fax: +852-34180189

Email: guoduhk@guodu.com.hk

WeChat: guoduhk

Address: Room 1307, 13th Floor, Bank of America Tower, 12 Harcourt Road, Central, Hong Kong

Conclusion

In conclusion, GuoDu is a well-established financial institution founded in 2008 and registered in Hong Kong. It operates under the regulation of SFC, a reputable independent statutory body. With a diverse range of services, GuoDu caters to various financial needs. They provide multiple trading platforms to accommodate different preferences.

Frequently Asked Questions (FAQs)

Q 1:	Is GuoDu regulated？
A 1:	Yes. It is regulated by SFC.

Q 2:	How can I contact the customer support team at GuoDu？
A 2:	You can contact via telephone, +852-3418 0288 (Trading days 08:30-17:30),fax, +852-34180189 and email, guoduhk@guodu.com.hk.

Q 3:	Does GuoDu offer demo accounts？
A 3:	No.

Q 4:	What main businesses GuoDu covers？
A 4:	It coves Hong Kong stock business, U.S. stock business, China connect, B-share business, asset management, and investment immigration.

Q 5:	Is GuoDu a good broker for beginners？
A 5:	Yes. It is a good choice for beginners because it is regulated well and offers various services.