WikiFX

Sagot

From my direct experience researching and evaluating CMS, the standout feature is definitely its extensive range of tradable instruments. For someone like me who values portfolio diversification, CMS does offer access to Hong Kong and overseas stocks across 12 markets, bond and ETF trading, futures contracts (including the Hang Seng Index), commodities, options, and indices. Having all of these products in one place makes it fairly convenient for investors aiming to manage a multi-asset portfolio. However, it’s worth stating that CMS does not provide forex trading, which is a significant limitation for anyone with a primary focus on currency markets. Regarding the fee structure, I found it to be fairly transparent and in line with industry norms especially for the Hong Kong market. For stock trading, there’s a 0.25% brokerage commission (minimum HK $100), and additional minor fees like a transaction levy and a 0.13% stamp duty on the sale of stocks. For bond investors, an annual custodial fee of 0.04% applies, alongside fixed transaction and early redemption charges. Options trading charges are also clear, with a commission of HK $40 per contract, subject to a minimum. In my experience, knowing these costs upfront helps with planning trades and managing overall investment expenses. As always, I urge caution; CMS has seen a mix of user feedback, including serious complaints about withdrawals and account restrictions. For me, while the instrument selection and fee clarity are positives, I would be wary and would conduct further due diligence before committing significant capital.