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Before Opening an Account

Before opening securities/futures trading account, clients are strongly advised to consider their understanding on the following areas:

  1. Client's own investment knowledge and personal financial status in relation to the underlying risk of the financial products 
  2. Understand financial market risks 
  3. Trading, settlement and clearing regulations in Hong Kong Stock Market 
    (Ref. Site: www.hkex.com.hk); 
  4. Verify the registration of Brokerage Firm and Dealer (Ref. Site: https://www.sfc.hk/web/TC/).

Types of Account

Sanfull Securities Limited (SFC CE No. AAC648, Type 1 - Dealing in securities)

  1. 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).
  2. Rolling Balance Account
    It is also a kind of Cash account, it will settle with the account balance and keep the balance rolling to next trading day, this account is for the clients who are trading frequently.
  3. 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.
  4. Electronic Trading Account
    Clients can access the online trading system of Sanfull Securities and make trading transaction directly on the Internet. The only limitation of such accounts is that there must be sufficient cash in the account in advance to make the trading instructions.

Sanfull Futures Limited (SFC CE No. APX230, Type 2 - Dealing in Futures Contracts)

  1. Futures Account
    Clients need to maintain the margin requirement of futures products on a margin basis.
  2. Electronic Trading Account
    Clients can access the online trading system of Sanfull Futures and make trading transaction directly on the Internet. The only limitation of such accounts is that there must be sufficient cash in the account in advance to make the trading instructions.

**Sanfull Securities Limited / Sanfull Futures Limited is two independent operating companies, if clients want to invest in securities or futures, must be open a separate account in two companies.


Account Opening Documents Required:

Individual / Joint Account

  1. valid passport or valid Hong Kong Identity Card (Note 1)
  2. address proof from the recent 3 months (e.g. utilities bill, bank statement)
  3. Written consent from your employer if you are employee of other brokerage house
  4. CRS Self Declaration

Corporate Account

  1. Copy of Certificate of Incorporation  ( certified true copy )
  2. Copy of Business Registration Certificate ( certified true copy )
  3. Certificate of Incumbency (issued within the past 6 months)
  4. Certificate of Good Standing
  5. address proof from the recent 3 months (e.g. utilities bill, bank statement)
  6. Latest Memorandum & Articles of Association  ( certified true copy )
  7. Latest Company Organization Chart ( certified true copy )
  8. Board resolution(s) on approving account opening with us and the appointment of authorized person(s) to operate the account
  9. Letter of Authorization & Information Statement of the Authorized Persons  ( certified true copy )
  10. Latest Annual Return ( certified true copy )
  11. Copies of ID / Passport of Directors, Authorized Persons and ultimate principal beneficial owners ( certified true copy ) (Note 1)
  12. CRS Declaration for Entity and Controlling person
  13. FATCA Declaration Form (e.g.: W-8BEN-E或W-8IMY)
  14. Guarantee (Applicable to companies incorporated outside Hong Kong and/or company without sufficient financial information)
  15. Register of Member  ( certified true copy )
  16. Latest Audited Financial Statement ( certified true copy ) (if any)

* Certified true copy — copy of documents certified by Certified Accountant, Lawyer, Public Notary, Persons Licensed by or Registered with the SFC.

Note 1: Identity Document required for account opening

PRC Residents:

  1. PRC Identity Card
  2. PRC Temporary Identity Card (Valid within 3 months)

Hong Kong Residents:

  1. HK Permanent Identity Card
  2. HK Identity Card & HKSAR Document of Identity of Visa
  3. HK Identity Card & PRC Identity Card

Macau Residents:

  1. Macau SAR Permanent Resident Identity Card
  2. Macau Identity Card & Passport
  3. Macau Identity Card & PRC Identity Card

Others (non PRC, HK, Macau Residents):

  1. Passport & Resident Identity card

 

Account Opening Guide:

  1. If the client chooses to use a address other than the home or office as the mailing address, the client must submit an additional copy of the address proof from the recent 3 months.
  2. Information provided by client would be used for the purpose of automatic exchange of financial account information, pursuant to the legal provisions for exchange of financial account information provided under the Inland Revenue Ordinance (Cap.112).
  3. Please read and understand the Risk Disclosure Statement and Personal Information Collection Statement in the schedule of the Securities Client Agreement, you can check with your account manager if you have any questions.
  4. The client shall clearly read and understand the terms of the Securities client agreement before signing the opening of the cash account and express acceptance of these terms and conditions.
  5. The client shall clearly read and understand the terms of the Securities client agreement before signing the opening of the margin account and express acceptance of these terms and conditions.
  6. To use the Electronic Trading Service, please read and understand the terms and conditions of the online trading agreement on the schedule before signing and express acceptance of these terms.

Notes to Electronic trading ("ETS") account holders

  1. Cleared funds must be available in the ETS account before any buy orders are being placed
  2. Sufficient securities must be deposited into the ETS account before any sell orders are being placed
  3. If the client has any money or securities position in the Cash/Margin Account, orders are still prohibited unless client has made an transfer instruction from traditional trading account to ETS account.