Wing Fung Overview
Established in 2000 and headquartered in Hong Kong, Wing Fung is a financial services provider specializing in precious metals, securities, futures, and forex. The company is a member of the Chinese Gold and Silver Exchange (CGSE, Member No. 34) and is also regulated by the Securities and Futures Commission of Hong Kong (SFC). Wing Fung’s bullion brand is well recognized in Hong Kong for casting 999.9 and 99 gold bars.
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Founded: 2000
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Location: Hong Kong
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Regulation: CGSE, SFC (various licenses including active, revoked, and exceeded)
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Trading Instruments: Precious Metals, Securities, Futures, Forex
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Platforms: Wing Fung Official APP, Wing Fung Securities Online/App, Wing Fung Futures SP Trader Pro
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Spread: From 1 pip (EUR/USD)
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Customer Support: Live Chat, Hotline (HK & China), Email, Fax, Facebook, YouTube
Pros
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Established history with over 20 years in the market
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CGSE and SFC regulated
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Tight spreads with no commission on forex
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Multiple trading apps
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Recognized bullion brand
Cons
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Limited to English and Chinese support
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No MT4/MT5 or social trading
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Limited asset classes (mainly metals, securities, futures, forex)
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Restricted payment options
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No detailed info on leverage and conditions
Regulation
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CGSE: Wing Fung Jewellery International Ltd. – Type AA License (No. 034)
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SFC: Wing Fung Futures Limited – Futures Contracts (AMU683)
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SFC: Wing Fung Forex Limited – Forex License (Revoked, ARI401)
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SFC: Wing Fung Securities Limited – Financial Services License (Exceeded, AAV717)
Trading Conditions
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Spreads: From 1 pip (EUR/USD), 2 pips (GBP/USD, AUD/USD)
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Commission: None on forex trades
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Account Types:
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368 Cash Account: 0.05% of trade value (min. HK$38)
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Margin Account: 0.1% of trade value (min. HK$38)
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Platforms
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Wing Fung Official APP (Mobile)
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Wing Fung Securities Online & App (Mobile)
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Wing Fung Futures SP Trader Pro (Mobile)
(No MT4/MT5 support)
Deposits & Withdrawals
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Bank Deposits: Supported via major Hong Kong banks (cash, cheque, transfer)
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PPS System: Requires PPS account, HK$5 charge for deposits < HK$5,000
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FPS (Fast Payment System): Available for instant transfers
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Withdrawals are processed Mon–Fri, 2:00 pm – 12:00 noon
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