Score
Hong Kong
|
15-20 years
| https://www.sctrade.com/en-us/
Website
Rating Index
Influence
C
Influence index NO.1
Hong Kong 3.15
Single Core
1G
40G
1M*ADSL
Hong Kong sctrade.com Hong Kong
VIP is not activated.
| SCFH Review Summary | |
| Founded | 1999 |
| Registered Country/Region | Hong Kong |
| Regulation | Regulated by SFC |
| Market Instruments | Stocks, futures, options |
| Demo Account | ❌ |
| Trading Platform | South China stock trading APP and Windows software, Ayers Token Mobile APP, Sharp Point System, and SP Trader Pro HD Mobile App |
| Minimum Deposit | 0 |
| Customer Support | Tel: (852) 2111 2222/ (852) 2111 2332/ (86) 4001 200 623 |
| Fax: (852) 3101 9200 | |
| Email: hotline@sctrade.com | |
| Facebook, Instagram, YouTube | |
South China Financial Holdings Limited (“SCFH”) was founded in 1999 by three investment experts. SCFH specializes in finance and investment and is listed on the Stock Exchange of Hong Kong since July 1993. It provides financial services, including securities, foreign exchange, bullion, financial futures, and global commodities broking and trading, through traditional and online trading platforms. Its business coverage extends to China, Taiwan, Southeast Asia, and the United Kingdom.
Here is the home page of this brokers official site:
| Pros | Cons |
| Regulated by SFC | Complex fee structure |
| No minimum deposit requirement | No demo accounts |
| Social media presence | |
| Various trading platforms |
As of now, SCFH is regulated by the Securities and Futures Commission (SFC), holding Dealing in futures contracts with No. AAF640. However, its license of SFC (Leveraged foreign exchange trading, AQE524) has been revoked.
| Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
| Hong Kong | The Securities and Futures Commission (SFC) | Regulated | South China Commodities Limited | Dealing in futures contracts | AAF640 |
| Hong Kong | The Securities and Futures Commission (SFC) | Expired | South China Commodities Limited | Leveraged foreign exchange trading | AQE524 |
SCFH offers stocks, futures, options, brokerage services, discretionary service, investor corner, wealth management, investment banking, and SC Private.
| Trading Instruments | Supported |
| Stocks | ✔ |
| Futures | ✔ |
| Options | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| ETFs | ❌ |
SCFH offers personal and corporate accounts. You can open an account by person or by email. No charges or minimum deposit are required to open an account in South China Securities. But a cheque with an amount not less than HK $10,000 made payable to “South China Securities Limited”. For detailed account opening procedures, you can click: https://www.sctrade.com/en-us/articles/faq
SCFH charges various fees according to different products and services. Take Hong Kong stock as an example:
| Charge Type | Detail |
| Commission Charge - Internet Trading | 0.0588%, Minimum HK$50 |
| Commission Charge - Brokerage Service | Negotiable |
| Transaction Fee | 0.00565% (rounded to the nearest cent) |
| SFC Transaction Levy | 0.0027% (rounded to the nearest cent) |
| Stamp Duty | 0.10% (rounded up to the nearest dollar) |
| CCASS Stock Settlement Fee | 0.005% (0.002% charged on behalf of HKSCC), minimum HK$5, maximum HK$200 |
| AFRC Transaction Levy | 0.00015% (rounded to the nearest cent) |
| Gray Market Trading Charges | Minimum charge per order is HK$150 (commission rate remains unchanged) |
| Platform fee | Negotiable |
| Custodian fees | Negotiable |
For more details, you can learn from the link: https://www.sctrade.com/en-us/articles/charges
On SCFH, you can use South China stock trading APP and Windows software, Ayers Token Mobile APP, Sharp Point System, and SP Trader Pro HD Mobile App. You can download through their official website: https://www.sctrade.com/en-us/articles/technical-support
SCFH provides bank transfer to take a deposit. But for different products, they require different bank accounts. You can click: https://www.sctrade.com/en-us/articles/deposit-withdrawal to learn specific ways.
Besides, you can initiate a withdrawal through their platforms. Simply navigate to the “Withdraw” section. Then, fill out the withdrawal details and click “OK” to submit the request.
Sure. For Hong Kong stocks, the internet trading commission is 0.0588% (minimum HK$50). There’s also a 0.00565% transaction fee, 0.0027% SFC levy, 0.10% stamp duty, settlement fees, and a few others. Some, like platform and custodian fees, are negotiable — I’ve managed to get better terms on these in the past.
I mainly use it for stocks, futures, and options. They don’t support forex, commodities, indices, cryptocurrencies, or ETFs, so the focus is on traditional exchange-traded products.
Personally, I feel more confident trading here because SFC regulation means there are rules in place to protect investors. That said, regulation isn’t a guarantee of profits or zero risk — I still make sure to diversify my trades and keep up with market updates.
Yes, commissions apply. For online trading, it’s 0.0588% with a HK$50 minimum. Brokerage service commissions are negotiable, which can be useful if you trade higher volumes.
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