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BANDS

Regulated
Hong Kong
,
Since 2015
Last Updated:
46/100
Overall Score

Trading Conditions

Min Deposit:
USD5
Max Leverage:
500
Account Types
Standard

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Credit/Debit Cards (Visa, Mastercard, Maestro)

credit card
Instant
Fee:
Free
Fee:
$2

Bank/Wire Transfers (including SEPA)

bank transfer
4 days
Fee:
Free
Fee:
0.1%

E-Wallets (Skrill, Neteller)

e wallet
Instant
Fee:
Free
Fee:
Free

Cryptocurrencies (Bitcoin, USDT TRC20/ERC20, USDC ERC20/Solana)

crypto
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 49%, 2: License 77%, 3: Software 0%, 4: Spread 0%, 5: Account Type 10%, 6: Symbol 0%
Regulation
49%Poor
License
77%Good
Software
0%Poor
Spread
0%Poor
Account Type
10%Poor
Symbol
0%Poor

Company Information

Full Name:BANDS
Founded:2015
Headquarters:Hong Kong
Enterprise Offices:3offices

Customer Support

Phone:
+852 3903 6000
Live Chat:
business_hours
Response Time:
Languages:
EnglishChinese (Simplified)
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about BANDS: its history, the licences it holds, its trading conditions and its fees.

Overview of BANDS Broker: A Futures Trading Specialist Based in Hong Kong

BANDS provides futures trading services for both Chinese and international markets and aims to provide clients with easy access to the global marketplace. Founded by Tiger Shi and John Browning, BANDS uses state-of-the-art technology combined with its regulatory position to allow corporate and institutional customers the opportunity to trade through one broker. BANDS is regulated by the Hong Kong Securities and Futures Commission (SFC) and has consistently met the standards of excellence in its operations across multiple asset classes.

BANDS Financial Limited's History and Background

BANDS Financial Limited, established in Hong Kong for the purpose of taking advantage of arbitrage opportunities between Chinese and international futures markets, has achieved several significant milestones:

First Overseas Trading Member of a Chinese Future Exchange (INE);

First Overseas Special Broker Participant (OSBP) in 2021;

Ranked in the Top 20 Daily Volume Rankings of a Chinese Futures Exchange (INE) as of 2023;

Recipient of the INE Four-Year Outstanding Market Contribution Award; and

First Overseas Firm Designated an Industrial and Financial Service Base by the Shanghai Future Exchange (SHFE) in 2024.In 2024, BANDS Financial - a leading global brokerage for financial futures - received the INE Outstanding Market Contribution Award for the fourth consecutive year and the Shanghai Futures Exchange Designated Industrial and Financial Service Base Award. In 2023, BANDS was the first foreign broker to rank in the top 20 daily trading volume of an exchange in China. In 2021, BANDS was the first company to successfully operate an OSBP.

BANDS is a hybrid brokerage that combines a strong regulatory framework with innovative technologies and superior client service. BANDS Global Brokerage offers clients the opportunity to trade globally, with a focus on the China market, providing both global and regional access to product offerings. BANDS provides clients with an efficient solution for accessing the international and domestic futures markets through a single account and provides rapid fund transfers and tax-advantaged brokerage services.

While BANDS publishes only limited details about its trading and fee structures, the firm is well positioned for success due to its high level of service, very low capital requirements, and a high level of transparency.

BANDS Financial Limited is licensed by the Hong Kong Securities and Futures Commission to maintain and hold client funds in separately managed accounts. Additionally, BANDS Risk Management Limited has been licensed as a money lender under the Hong Kong Money Lenders Ordinance. Finally, BANDS (Shanghai) Investment Management Co., Ltd. was established as a wholly foreign-owned enterprise (WFOE) under Chinese law.

BANDS provides clients with direct market access to Chinese and global exchanges through co-location and direct high-speed connectivity, including cross-border transfers of funds that happen in under two hours, a tax-free method of repatriating profits, and the ability to manage all trading activities through a single account.

More details on BANDS' trading capabilities, recent accomplishments, and reputation in the marketplace can be found in the following sections.

Regulation check

Regulatory Licenses

BANDS is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked row is not a finding either way.

0 of 1 checked
1Licences on record
0Confirmed on register
1Tier 1 or 2
0Offshore

How far our check got

  • 1 not yet checked
  • SFCTier 1Hong KongDealing in futures contractsNo. BFW669

    What the register says

    Licence number
    BFW669
    Type
    Dealing in futures contracts

    Client protection under this licence

    • No compensation schemeNo mandatory insurance (but strict fund segregation)
    • Client money kept separate
    • Negative balance protection
    • Complaints routeSFC Complaints / FDRC
    • Maximum leverage1:13

    These are the rules SFC sets for the firms it licenses. They are not a statement about how BANDS applies them, or about which of its companies would hold your account.

    About Securities and Futures Commission

    Onshore regulatorGovernment bodyCompensation: No mandatory insurance (but strict fund segregation)Public registerTransparency: high
    Typical cost of this licence
    HKD 500000+
Where we have checked a licence, it was checked against the issuing regulator's own register. Register wording is quoted as found.See all tier-1 regulated brokers
Trading accounts
Updated

Account Types

One account type on record. Minimum deposit from USD 5. Leverage up to 1:500.

1 account type
AccountMin DepositLeverageCommission
StandardUSD 51:500Not recorded
Account names and conditions as published by BANDS, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

4 ways to fund an account. 3 with no deposit fee. 2 credit instantly.

4 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Credit/Debit Cards (Visa, Mastercard, Maestro)Credit CardWithdrawal only up to initial deposit amount; profits withdrawn via bank transfer. Name on card must match account. EU citizens only for some online payments.FreeUSD 2USD 5Not recordedUSD 5,000Instant
Bank/Wire Transfers (including SEPA)Bank TransferSEPA transfers free; intermediary banks may charge fees. Withdrawals require same name as account. No third-party payments allowed. First deposit requires broker bank details via email.Free0.15%EUR 500EUR 500Not recorded4 days
E-Wallets (Skrill, Neteller)E-WalletDeposit minimums inferred low (around $5). Withdrawal fees vary by broker and payment system. Processing times 15 minutes to 1-3 days.Not recordedNot recordedNot recordedNot recordedNot recordedInstant
Cryptocurrencies (Bitcoin, USDT TRC20/ERC20, USDC ERC20/Solana)CryptocurrencyGlobal availability. Deposits to broker wallet address. Processing times about 15-20 minutes.FreeFreeUSD 1USD 1Not recordedhour
Fees, limits and processing times as published by BANDS, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • en.bands.financial/index.htmlListed domainActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

One official channel on record.

1 channel
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

3 legal entities behind the BANDS brand.

3 entities
  • BANDS Financial LimitedActiveHong KongEstablished Jan 1, 2015
  • BANDS Risk Management LimitedActiveHong Kong
  • BANDS (Shanghai) Investment Management Co., Ltd.ActiveChina
Entities named in the broker's own documents and company registers, recorded by Wikilix.

Comments

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