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What are the choices of Account Type in Sanfull?
Clients can open following account types in Sanfull:
| 1. Securities Account |
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a) Cash Account： |
For client who trade under cash account
should prepare to settle all his/her transaction on or before
settlement day (i.e. T+2 day). |
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b) Margin Account： |
This is a type of loan account. Upon approved
by Sanfull, you may buy shares within a preset credit limit
in your margin account. Loan ratio as provided by Sanfull
varies on different securities, and Sanfull have the sole
discretion to change the loan ratio at any time. The securities
purchased are Sanfull's collateral for the loan to you. |
| 2. Futures Account |
Clients need to maintain the margin requirement
of futures products on a margin basis. |
iTrader Account:
You may perform online trading by utilizing our electronic trading
platform ("iTrader") through internet. iTrade account is available
to cash client only. This means that you must have sufficient money
in your account before you can input order instructions.
How long does it take to activate my account?
For local client, account may be ready to use within two working
days from the day we received your application.
What is the minimum deposit for opening an account with
Sanfull?
There is no account opening deposit required. Besides, there is
also no monthly fee or minimum account balance requirement.
Am I under any coverage or protection if I trade through Sanfull?
As we are a participant of The Stock Exchange of Hong Kong Limited
("SEHK"), all your investment through us is protected and is entitled
to claim against the Unified Exchange Compensation Fund (UECF) of
the SEHK. Compensation payments, which are made in cash only, take
into account the value of securities, and are limited to HK$8 million
per broker default. If the total of the allowed claims exceeds this
limit, the amount will be shared by all the successful claimants
and the payment to you will be prorated in accordance with your
allowed claimed amount. |
