GF’s Hong Kong brokerage combines overseas equities, Stock Connect and eligible US options accounts. Market-specific minimum commissions, margin collateral and 2026 funding changes shape the practical cost.[1][2][3]
Broker essentials01
GF Securities (Hong Kong) Brokerage — essential scope
| Measure | Value | Context |
|---|---|---|
| Primary service | Securities / multi-asset brokerage | Source 1 |
| Institution or operator | GF Securities (Hong Kong) Brokerage Limited | Source 1 |
| Home jurisdiction | Hong Kong | Source 1 |
| Official research source | https://gfse.gfgroup.com.hk/en/ | Source 1 |
| Source review | 2026-10-26 | Source 1 |
| Direct leveraged retail FX CFDs | Not established by sources for this particular service | Source 1 |
Accounts and onboarding
Sections ↑A GF Hong Kong share account can be cash-funded or margin-enabled. Published forms and service pages distinguish these choices, which affect whether the client may pledge stocks or exploit multi-currency purchasing power.[1][4][2][6]
Account comparison02
Account identity and services
| Item / condition | Verified detail and interpretation |
|---|---|
| Broker legal entity | GF Securities (Hong Kong) Brokerage Limited.Source 1 |
| Regulatory code | Company quotes SFC central entity AOB364, Type 1 securities dealing and Type 4 securities advice.Source 1 |
| Cash account | Investment dealing against settled cash without margin borrowing.Source 4 |
| Margin account | Collateral-backed purchasing power and financing rights subject to agreement.Source 4Source 2 |
| Individual or joint | Separate forms and identification/self-certification requirements.Source 4 |
| Professional investment eligibility | Separate PI assessment forms; not all services are automatically suitable for retail investors.Source 4 |
Account comparison03
Documentation and authentication
| Item / condition | Verified detail and interpretation |
|---|---|
| Cash and margin applications | Downloadable individual/joint securities account forms.Source 4 |
| Risk assessment | Published investment-risk questionnaire.Source 4 |
| Tax self-certification | Client self-declaration forms and related cross-border reporting.Source 4 |
| HK Investor Identification Regime | Account document covers HKIDR and OTC securities transaction reporting disclosures.Source 4 |
| Jan 2026 update | Revised client contract effective 30 January 2026; current signed terms prevail.Source 6 |
Account comparison04
US stock options activation requirements
| Item | Terms and practical effect |
|---|---|
| Launch | Service began 20 April 2026.Source 15 |
| Account | Margin account with US-stock services enabled.Source 15 |
| Tax documentation | A valid IRS W-8-series form.Source 15 |
| Knowledge | Completed derivatives assessment showing derivatives knowledge.Source 15 |
| Activation | Submit the signed additional-account/options application; existing share access alone is insufficient.Source 15 |
Products and market access
Sections ↑GF serves more than Hong Kong equities: the published global securities page names overseas stock markets, Stock Connect and collateral services. Direct OTC retail FX dealing is not among the evidenced products.[3][5][2][1]
At a glance05
Equity and investment access
| Item / condition | Verified detail and interpretation |
|---|---|
| Hong Kong shares | Local HK equity trading and market services.Source 3 |
| China B shares | Supported Shanghai/Shenzhen B shares under published fee table.Source 5 |
| North Asia | Japan and South Korea markets listed.Source 2 |
| Asia-Pacific | Australia and Singapore markets listed.Source 2 |
| North America | US and Canada listed equities.Source 2 |
| Europe | UK, France, Germany, Sweden and Switzerland listed.Source 2 |
| Cross-boundary stock links | Shanghai-HK / Shenzhen-HK Stock Connect collateral/market access in selected activities.Source 2 |
At a glance06
Leverage and settlement distinctions
| Item / condition | Verified detail and interpretation |
|---|---|
| Stock financing | Firm advertises eligibility across 2,500+ selected HK/US/Stock Connect shares.Source 2 |
| Maximum margin ratio | Up to 80% for selected collateral shares per company marketing; not a fixed right or universal initial margin.Source 2 |
| Multi-currency GPP | Only margin customers eligible, using accepted HKD, USD, CNY cash or approved securities.Source 2 |
| FX transaction | Purchasing power across currency units is not evidence of no-cost currency conversion or cash FX spot trading.Source 1 |
Fees, charges and economic examples
Sections ↑Fee tables differentiate exchange/country, and the broker has distinct security financing and settlement charges. A 0.28% Shanghai B-share number is emphatically not the commission charged on every GF global market.[5][2][4][1]
Pricing & charges07
Selected quoted market fees
| Item / condition | Verified detail and interpretation |
|---|---|
| Shanghai B-share brokerage | Published commission 0.28%, minimum USD 60 in Shanghai B market.Source 5 |
| Shanghai B settlement | Fee page lists settlement cost 0.002% of value for this market; regulator/exchange levies vary over time.Source 5 |
| Shenzhen B-share brokerage | Published commission 0.28%, minimum HKD 230 in Shenzhen B market.Source 5 |
| Custody fee in Shanghai B table | Listed as waived for relevant Shanghai B scope; not blanket GF custody fee waiver.Source 5 |
| Other overseas exchanges | Consult each country/market line on issuer tariff page; single B-share number must not be exported elsewhere.Source 5 |
| Margin financing | The HKD schedule sets secured margin interest at Standard Chartered Hong Kong prime +3 percentage points, with unsecured/overdue cash balances at prime +8; collateral and liquidation terms remain contractual.Source 17Source 4 |
Pricing & charges08
Hong Kong securities: broker and transfer charges
| Item | Terms and practical effect |
|---|---|
| Dealing commission | Negotiated; listed minimum HKD 100, CNY 100 or USD 15, according to security denomination.Source 17 |
| Custody and CCASS transfer in | Listed as free for this market.Source 17 |
| CCASS transfer out | HKD 10 per board lot, minimum HKD 100 per stock.Source 17 |
| Physical certificate withdrawal | HKD 10 per board lot, minimum HKD 100 per stock.Source 17 |
| Dividend collection | 0.12% of dividend value, minimum HKD 30 and maximum HKD 10,000.Source 17 |
| Off-exchange share transfer | 0.25% of market value, minimum HKD 500; charged to each side when both accounts are with GF.Source 17 |
Pricing & charges09
Overseas equity execution cost components
| Item / condition | Verified detail and interpretation |
|---|---|
| Broker dealing | Commission percentage or fee minimum depends on listing exchange.Source 5 |
| Exchange/regulatory fees | Local stamp and transaction levies often vary with country and trade date.Source 5 |
| Settlement/corporate action | Depository, transfer, dividend and cross-border handling can add fees.Source 5 |
| FX conversion | Accepted cash and actual conversion cost must be separately verified.Source 2 |
| Credit interest | Margin loan cost is separate from order commission.Source 2 |
| Tax | Dividends and gains may trigger source-country withholding and client tax reporting.Source 1 |
Pricing & charges10
B-share minimum illustrations
| Item / condition | Verified detail and interpretation |
|---|---|
| Shanghai B USD10,000 equivalent | 0.28% computes USD 28; USD 60 displayed minimum applies before fees.Source 5 |
| Shenzhen B HKD50,000 equivalent | 0.28% computes HKD 140; HKD 230 minimum applies before fees.Source 5 |
| Excluded | Settlement, exchange duties, FX, custody transfer and dividend fees not in these commission-only examples.Source 5 |
| Date sensitivity | This issuer page may contain country-specific tax rates that change; current official exchange levies take precedence.Source 1 |
Pricing & charges11
US equity broker and servicing charges
| Item | Terms and practical effect |
|---|---|
| Online dealing | 0.18%; minimum USD 22.Source 8 |
| Telephone dealing | 0.30%; minimum USD 30.Source 8 |
| Custody | 0.01% annually on market value, charged monthly.Source 8 |
| Dividend handling | 3%; minimum USD 8, maximum USD 100.Source 8 |
| Transfer in/out | USD 100–150 per transfer plus out-of-pocket costs.Source 8 |
| Corporate action | USD 30 per event.Source 8 |
| ADR to Hong Kong conversion | USD 200 plus agent fees.Source 8 |
Pricing & charges12
US options charges and exercise
| Item | Terms and practical effect |
|---|---|
| Broker commission | USD 0.50 per contract, minimum USD 1.49 per order.Source 9 |
| Exercise/assignment | Exercise value multiplied by the client’s US-equity commission rate.Source 9 |
| External charges | Separate regulatory/exchange amounts remain; the stock-option commission is not an all-in charge.Source 9 |
Pricing & charges13
Stock Connect broker charges
| Item | Terms and practical effect |
|---|---|
| Online | 0.20%; minimum CNY 100.Source 10 |
| Telephone | 0.25%; minimum CNY 100.Source 10 |
| Custody | Listed as free for this market.Source 10 |
| Dividend collection | 0.12%; minimum CNY 30, maximum CNY 10,000.Source 10 |
| Shares versus ETFs | Broker rates are the same in the schedule; exchange/tax treatment differs.Source 10 |
Pricing & charges14
HKD borrowing and overdue interest
| Item | Terms and practical effect |
|---|---|
| Secured margin borrowing | Standard Chartered Bank Hong Kong prime rate plus 3 percentage points annually.Source 17 |
| Unsecured borrowing | The same prime reference plus 8 percentage points annually.Source 17 |
| Cash-account overdue balance | The same prime reference plus 8 percentage points annually.Source 17 |
| Variable reference | The schedule uses the bank’s latest prime rate; it does not lock a fixed all-in borrowing rate.Source 17 |
Pricing & charges15
Selected overseas market commissions
| Market | Published broker commission |
|---|---|
| Japan | 0.30%; minimum JPY 2,500Source 5 |
| Australia | 0.40%; minimum AUD 45Source 5 |
| Singapore | 0.30%; minimum SGD 40 or USD 30Source 5 |
| Canada | 0.40%; minimum CAD 42Source 5 |
| United Kingdom | 0.50%; minimum GBP 85 or USD 100Source 5 |
| France/Germany | 0.30%; minimum EUR 50Source 5 |
| Switzerland | 0.30%; minimum CHF 60Source 5 |
| South Korea | 0.40%; minimum KRW 60,000Source 5 |
| Thailand | 0.35%; minimum THB 875Source 5 |
| Sweden | 0.30%; minimum SEK 250 or EUR 25Source 5 |
Pricing & charges16
Overseas custody charges
| Item | Terms and practical effect |
|---|---|
| Japan, Canada, France and Germany | 0.02% annually on market value.Source 5 |
| Australia and Sweden | 0.01% annually on market value.Source 5 |
| Switzerland | 0.06% annually on market value.Source 5 |
| Shanghai/Shenzhen B shares, South Korea, Singapore, Thailand and UK | Custody is listed as waived for these markets.Source 5 |
| Billing | Percentage custody charges are calculated annually and collected monthly; dividend, transfer and corporate-action fees remain separate.Source 5 |
Execution, orders and trading platforms
Sections ↑The dealer hotline is a genuine trading service, unlike a generic support contact. Nevertheless neither it nor the online platform creates a contractual guarantee against suspension, disorderly markets or lack of liquidity.[2][7][3][1][4]
At a glance17
Execution channels
| Item / condition | Verified detail and interpretation |
|---|---|
| Online securities | Web and mobile dealing platform for supported shares.Source 2 |
| Dealer telephone | Professional securities dealing hotline provided for client orders.Source 2Source 7 |
| Local HK shares | Hong Kong exchange session and local settlement rules.Source 3 |
| International venues | Orders subject to each foreign exchange calendar and product venue.Source 2 |
| Electronic risk | Order entry access does not imply permitted algorithmic/API credentials.Source 1 |
| Emergency dealing | Telephone desk existence does not establish an all-hours outage guarantee.Source 1 |
At a glance18
Collateral and margin controls
| Item / condition | Verified detail and interpretation |
|---|---|
| Selected stocks | Company says more than 2,500 eligible financing securities in designated markets.Source 2 |
| Maximum ratio | Up to 80% for specific securities, not a contractual absolute for all shares.Source 2 |
| Price declines | Margin loan-to-value can rise as collateral price falls, requiring action.Source 1 |
| Liquidation | Determine notice, top-up deadline, haircut and forced-sale rules from current margin agreement.Source 4 |
| Currency borrowing | Multi-currency GPP may create effective foreign currency exposure even without a spot-FX order.Source 2 |
Funding, settlement and withdrawals
Sections ↑GF’s “General Purchasing Power” service is restricted to margin accounts. It is not equivalent to withdrawable cash, a bank deposit, or a free currency swap.[2][4][1]
At a glance19
Cash/asset movements
| Item / condition | Verified detail and interpretation |
|---|---|
| Cash margin top-up | Accepted cash denominations include HKD, USD and CNY, among others subject to current list.Source 2 |
| Securities collateral | Selected eligible shares may support margin purchasing power.Source 2 |
| GPP use | Margin account can buy approved securities using multi-currency cash/eligible collateral.Source 2 |
| Cash account | Cash holdings not automatically loan collateral or leveraged purchasing power.Source 4 |
| External transfer charges | The US schedule lists USD 100–150 per incoming or outgoing transfer, plus out-of-pocket costs; other markets have separate tariffs.Source 8 |
| Cash withdrawals | Subject to free equity, unsettled trades and collateral liabilities, distinct from account display value.Source 1 |
At a glance20
Incoming-funds restrictions and eDDA timing
| Item | Terms and practical effect |
|---|---|
| Direct mainland-bank deposits | For mainland-identity customers, the guide says deposits sent directly from mainland China banks are not accepted.Source 18 |
| Mainland-identity customers | A declaration of compliance with mainland foreign-exchange rules is required; higher-risk or nonmatching-name overseas transfers may require further source-of-funds evidence.Source 18 |
| eDDA currency and bank | Hong Kong bank account and HKD funding only under the published guide.Source 18 |
| eDDA authorization | Allow 1–5 working days for bank approval; authorization and deposits are free.Source 18 |
| eDDA processing | Requests on Hong Kong stock-trading days from 09:00 to 16:00 are expected within five minutes; other requests are expected the next Hong Kong trading morning.Source 18 |
| Remittance subaccount inactivity | An unused bank subaccount may be cancelled after 12 months without notice. This statement concerns the bank subaccount, not automatic closure of the entire securities account.Source 18 |
At a glance21
Current withdrawal timing and retired bank routes
| Item | Terms and practical effect |
|---|---|
| Ordinary withdrawal request | Working-day cut-off is 13:00; the notice excludes bank-securities transfers.Source 11Source 12Source 13 |
| CMBC Hong Kong | Its bank-securities transfer service ended 25 July 2026. EDDA, FPS and ordinary bank transfer remain alternatives.Source 11Source 12Source 13 |
| Other named bank links | China Merchants Bank Hong Kong and CMB Wing Lung bank-securities services were unchanged by the CMBC notice.Source 11Source 12Source 13 |
| ICBC Asia subaccounts | New transmittal-account applications stopped 7 May 2026; existing accounts ended 30 June. EDDA/FPS and other banking business continue.Source 11Source 12Source 13 |
Pricing & charges22
Withdrawal and record charges
| Item | Terms and practical effect |
|---|---|
| Cheque withdrawal | Free.Source 17 |
| HKD FPS withdrawal | HKD 10 per transfer; the first transfer each day is free.Source 17 |
| Local CHATS withdrawal | HKD 100 per transfer.Source 17 |
| Overseas wire | HKD 200 per transfer, before external-bank costs.Source 17 |
| Older monthly statement reissue | HKD 50 per statement outside the current month.Source 17 |
| Asset certificate or audit response | HKD 250 or USD 32 per request.Source 17 |
Regulation, custody and protection
Sections ↑An SFC Type 1/4 licence proves specific dealing/advice activities only, not unrestricted leveraged FX dealing. The legal subsidiary and product contract determine the applicable investor-safeguarding regime.[1][2][4]
Entities & regulation23
Regulatory perimeter
| Item / condition | Verified detail and interpretation |
|---|---|
| Broker subsidiary | GF Securities (Hong Kong) Brokerage Limited.Source 1 |
| HK SFC CE | AOB364, independently matched to the exact broker on the SFC WMC participating-corporation list.Source 16 |
| Licensed activities | The company discloses Type 1 securities dealing and Type 4 securities advice; the WMC list is independent confirmation of the entity and scheme participation, not a complete permission extract.Source 1Source 16 |
| Cross-border products | Foreign shares subject to additional exchange/market rules.Source 2 |
| Margin risk | Credit and custody collateral rules differ from cash securities; customer investment value not guaranteed.Source 4Source 2 |
| Investor compensation | Do not invent a uniform scheme limit applicable to all foreign securities or clients from firm’s marketing.Source 1 |
Customer support, disputes and records
Sections ↑GF provides specifically designated customer-service and securities-dealer phone channels. That distinction matters for placing an order versus reporting a complaint.[7][6][1]
At a glance24
Official contact routes
| Item / condition | Verified detail and interpretation |
|---|---|
| Hong Kong customer service | (852) 3719 1288.Source 7 |
| Trading hotline | (852) 3719 1201.Source 7 |
| Service email | [email protected].Source 7 |
| Mainland customer contact | 40086 95575.Source 7 |
| Customer office | 27/F GF Tower, 81 Lockhart Road, Wan Chai, Hong Kong.Source 7 |
| Client-account notices | Issuer official website posts dated contract-amendment notices.Source 6 |
At a glance25
Escalation and paper trail
| Item / condition | Verified detail and interpretation |
|---|---|
| Order problem | Identify account, exchange, currency, order and dealer route; retain electronic/trade acknowledgements.Source 1 |
| Contract variations | January 2026 amendments require re-reading changed US options and client authorisation rules.Source 6 |
| Formal grievance | Escalate to the legal broker’s service/complaint department; ordinary trading hotline is not equivalent to external redress.Source 1 |
| External regulator | HK SFC supervision; exact complaint/claim recipient depends on complaint type and respondent.Source 1 |
At a glance26
Electronic statements and address changes
| Item | Terms and practical effect |
|---|---|
| New delivery requests | No new postal-statement or postal-communication applications from 1 April 2026.Source 14 |
| Inactive-account reactivation | Requires email delivery to be recorded.Source 14 |
| Statement history | The app and iWeb offer the latest 12 months of electronic statements.Source 14 |
| Change instruction | Use the app or signed account-details form; the notice lists [email protected] for submission.Source 14 |
Additional services and technology
Sections ↑The company combines execution, investment advice and financing; a customer must ask which of these are actually authorised and contracted for their account.[3][1][2][6]
At a glance27
Products and ancillary functions
| Item / condition | Verified detail and interpretation |
|---|---|
| Equity execution | Global and Hong Kong market share dealing.Source 3 |
| Investment advice | Type 4 securities advisory permission, but advice is not necessarily part of all execution-only accounts.Source 1 |
| Margin financing | Eligible collateral and accepted currencies support multi-currency GPP.Source 2 |
| Bond/fund/structured products | Other investment products described in services catalogue; separate contract eligibility.Source 3 |
| US stock options | January 2026 terms amendment created dedicated account/risk terms for US listed options.Source 6 |
| Portfolio copying/AI | No delegated copy/automated AI trading authority inferred from research/online quote features.Source 1 |
Company, ownership and regulatory identity
Sections ↑A paid-in capital figure dated May 2024 must retain its measurement date; capital is not the amount of money guaranteed to an individual client.[1][7]
At a glance28
Company information
| Item / condition | Verified detail and interpretation |
|---|---|
| Founded | 2006, per company information page.Source 1 |
| Parent | Wholly owned by GF Holdings (Hong Kong) Corporation Limited.Source 1 |
| Historical stated paid-in capital | HKD 3.1 billion as of May 2024, not represented as October 2026 audited net capital.Source 1 |
| Head office | Wan Chai, Hong Kong.Source 7 |
| SFC central entity code | AOB364 (firm-reported Type 1/Type 4).Source 1 |
- Headquarters
- Hong Kong
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
GF Securities (Hong Kong) Brokerage Limited
Hong KongSource 1
No separate licence entry is recorded in this panel.
Additional information and practical questions
Sections ↑The most easily misinterpreted product here is “multi-currency general purchasing power.” It can be a form of leveraged stock financing; it is not necessarily settled or withdrawable foreign cash.[1][2][5][6]
At a glance29
Important contract checks
| Item / condition | Verified detail and interpretation |
|---|---|
| Cash or margin | Select correct credit relationship.Source 1 |
| Trading markets | Check whether exact foreign exchange is supported for intended stock.Source 2 |
| Minimum fee | Use security-country tariff and currency.Source 5 |
| Margin haircut | Avoid converting 80% advertised ceiling into universal entitlement.Source 2 |
| Latest terms | Jan 30, 2026 changed US options and authorisations.Source 6 |
| Withdrawal | Distinguish free equity from credit-based buying power.Source 1 |
GF publishes distinct US, B-share and Stock Connect charges. Overseas market tariffs include different order minimums and custody rates. Its 2026 notices also change specific funding routes, US-option activation and statement delivery, making the operational terms as important as the headline commission.[5][8][10][12][13][15][14]
Sources & further reading
- GF Securities (Hong Kong) company description and CE GF Securities HK · Accessed 26 Oct 2026
- GF global equities and purchasing-power services GF Securities HK · Accessed 26 Oct 2026
- GF Securities Hong Kong business services GF Securities HK · Accessed 26 Oct 2026
- Cash/margin account opening and customer agreement forms GF Securities HK · Accessed 26 Oct 2026
- Official overseas share commission schedule by market GF Securities HK · Accessed 26 Oct 2026
- January 2026 changed client account/US option terms GF Securities HK · Accessed 26 Oct 2026
- GF Hong Kong official service and contact directory GF Securities HK · Accessed 26 Oct 2026
- GF US equity charges GF Securities Hong Kong · Accessed 26 Oct 2026
- GF US stock-option charges GF Securities Hong Kong · Accessed 26 Oct 2026
- GF Stock Connect charges GF Securities Hong Kong · Accessed 26 Oct 2026
- GF withdrawal cut-off change — 5 June 2025 GF Securities Hong Kong · Accessed 26 Oct 2026
- GF CMBC transfer-service termination — June 2026 GF Securities Hong Kong · Accessed 26 Oct 2026
- GF ICBC Asia subaccount cancellation — May 2026 GF Securities Hong Kong · Accessed 26 Oct 2026
- GF statement-delivery change — April 2026 GF Securities Hong Kong · Accessed 26 Oct 2026
- GF US options launch and account requirements — April 2026 GF Securities Hong Kong · Accessed 26 Oct 2026
- SFC cross-boundary WMC participating corporations SFC · Accessed 26 Oct 2026
- GF Hong Kong securities, cash-transfer and financing charges GF Securities (Hong Kong) Brokerage · Accessed 26 Oct 2026
- GF deposit and withdrawal guide GF Securities (Hong Kong) Brokerage · Accessed 26 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.