Score
Hong Kong
|
Above 20 years
| https://enweb.bsgroup.com.hk/
Website
Rating Index
Influence
B
Influence index NO.1
Hong Kong 8.04
LicensesLicensed Entity：Bright Smart Futures & Commodities Company Limited
License No. ADH427
Single Core
1G
40G
1M*ADSL
Hong Kong bsgroup.com.hk Hong Kong
VIP is not activated.
| BRIGHTReview Summary | |
| Founded | 1994 |
| Registered Country/Region | Hong Kong |
| Regulation | SFC |
| Market Instruments | Stocks, Futures, Options, Forex |
| Account Type | Individual Account, Joint Account, Corporate Account |
| Trading Platform | MT4 Margin WebTrader |
| Min Deposit | $100 |
| Deposit/Withdrawal Methods | Electronic Wire, Sales Hotline, Branches |
| Customer Support | Phone: (852)25301788 |
BRIGHT, founded in 1994, is a brokerage registered in Hong Kong. The trading instruments it provides cover Stocks, Futures, Options, Forex,Stock. It provides 3 types of accounts and MT4 platform. It is regulated by SFC.
| Pros | Cons |
| Regulated by SFC | Low maximum leverage |
| Wide range of trading instruments | Reliable internet connection |
| MT4 trading platform supported |
BRIGHT is regulated by The Securities and Futures Commission (SFC).
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Hong Kong | SFC | Bright Smart Futures & Commodities Company Limited | No Sharing | ADH427 | Regulated |
BRIGHT offers traders the opportunity to trade stocks, futures, options, forex.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Futures | ✔ |
| Stocks | ✔ |
| Options | ✔ |
| Indices | ❌ |
| Futures | ❌ |
BRIGHT offers 3 different types of accounts to traders - Individual Account, Joint Account, Corporate Account.
| Account Type | Individual | Joint | Corporate |
| Suitable for | Individual traders | Partnerships or family members | Corporate entities |
| Features | Many instruments available | Collective management | Meet the unique needs of corporate clients |
BRIGHT fees contain commission, government and other related charges, account overdue interest charge and other fees.
| Fee structure | ||||
| Commission | Electronic system transaction:take the higher of the two:0.01%,a minimum of 50 RMB | Telephone transaction commission:take the higher of the two:0.15%,a minimum of 150 RMB | ||
| Government and other related charges | Transaction fee 0.0085% | Stamp Duty take the higher of the two: 0.1%, a minimum of 1 HKD | Stock transaction fee: 0.006%(more than 5HKD/5RMB/$0.65, less than 200HKD/200RMB/$26) | Italian companies listed in Hong Kong: withholding Italian financial transaction tax 0.2% |
| Account overdue interest charge | Hong Kong Account: 3%-4% | Dollar Account: 4.78% | RMB Account: 6.50% | Cash Account:HKD:10.625%RMB:10.625%Dollar: 10.625% |
| Other fees | 0.8-300HKD | |||
BRIGHT's trading platform is MT4 Margin WebTrader, which supports traders on PC.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 Margin WebTrader | ✔ | Web | Beginner |
| MT5 | ❌ |
| Deposit Method | Requirement | Features |
| eDDA | Must have a Hong Kong bank account | Available for deposit and trading at any time |
| FPS | Have an e-banking account | Not supported by ICBC Asia |
| Bank Transfer | Supported by:The Hongkong and Shanghai Banking Corporation Limited, Hang Seng Bank LimitedOCBC Wing Hang Bank Limited, Bank of China (Hong Kong) Limited, Industrial and Commercial Bank of China (Asia) Limited, The Bank of East Asia, Limited |
BRIGHT offers 2 withdrawal methods: Notify the company of the withdrawal through electronic channels, Call Customer Service: (+852)25 301 788 for withdrawal instructions.
The client needs to place a withdrawal instruction through the Company's withdrawal channels on or before 1:00 pm on the same day (trading day from Monday to Friday), and the Company will deposit the funds to the client's bank account registered with the Company on the same day. All overdue withdrawal instructions will be processed on the next business day, please take note.
SFC issues restriction notices to brokerages to freeze client accounts linked to suspected insider trading
Country/Region
Disclosure time
2022-08-17
Disclose broker
SFC reprimands and fines Bright Talent Securities International (Hong Kong) Limited
Country/Region
Disclosure time
2014-07-29
Disclose broker
SFC reprimands and fines Bright Talent Securities International (Hong Kong) Limited and Chen Peng for aiding and abetting unlicensed trading and other misconduct
Country/Region
Disclosure time
2005-10-24
Disclose broker
SFC reprimands and imposes fine on Yiu Choi and Yip Maolin for continuing to publish false and misleading advertisements despite repeated warnings
Country/Region
Disclosure time
2004-11-25
Disclose broker
Yes, BRIGHT is a regulated broker under the Securities and Futures Commission (SFC) of Hong Kong. This regulation ensures that BRIGHT operates within the legal framework set by the Hong Kong authorities, providing a level of security for investors. With this regulation, BRIGHT offers a safe trading environment for those interested in bright trading. Additionally, the broker is licensed under “ADH427” by the SFC, offering peace of mind for users looking for a legit and secure platform to trade. If you're looking for a reliable platform, a quick bright review will confirm that BRIGHT meets regulatory standards.
BRIGHT offers the MT4 Margin WebTrader platform, which is ideal for traders looking for a simple and intuitive platform. MT4 is widely regarded for its user-friendly interface, advanced charting tools, and automated trading features, making it suitable for both beginners and experienced traders. However, BRIGHT does not support MT5 or other platforms like cTrader, which some traders may prefer for additional features and flexibility. The bright platform is perfectly suited for traders who are comfortable with MT4 and prefer a streamlined trading experience.
While BRIGHT offers a regulated and safe platform, there are some limitations. The maximum leverage provided by BRIGHT is relatively low, which could restrict traders who want to take on larger positions. Additionally, BRIGHT’s focus on the Hong Kong market limits the global reach for international traders. The platform also lacks access to popular asset classes like cryptocurrencies and commodities, which might be a limitation for those seeking more diversified investments. These drawbacks make it essential to consider your trading goals before logging into your bright account.
Yes, BRIGHT is a regulated broker supervised by the Securities and Futures Commission (SFC) of Hong Kong, ensuring that the platform complies with local financial regulations. This regulation provides a secure environment for bright trading, as it adheres to high standards of investor protection and financial transparency. The bright platform operates under the legal framework of Hong Kong, making it a trustworthy option for domestic traders. However, international traders may face some limitations due to the platform’s focus on the Hong Kong market.
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