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BOCOM International

Suspicious Clone
Hong Kong
,
Since 1998
Last Updated:
60/100
Overall Score

Trading Conditions

Min Deposit:
CNY700
Max Leverage:
500
Account Types
StandardECNVIP

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

7 methods

Bank Transfer to Trust Accounts

bank transfer
1 days
Fee:
Free
Fee:
Free

Deposit Services via BOCOM Group Branches

bank transfer
hours
Fee:
Free
Fee:
Free

E-wallet Withdrawals

e wallet
hours
Fee:
Free
Fee:
Free

Cheque Withdrawals

other
days
Fee:
Free
Fee:
$5

Physical Scrip Withdrawal

other
days
Fee:
Free
Fee:
$6

Multi-counter Transfer (DTDC)

other
days
Fee:
Free
Fee:
$5

Dividend Collection

other
days
Fee:
Free
Fee:
0.5%

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 68%, 2: License 77%, 3: Software 51%, 4: Spread 0%, 5: Account Type 42%, 6: Symbol 0%
Regulation
68%Good
License
77%Good
Software
51%Fair
Spread
0%Poor
Account Type
42%Poor
Symbol
0%Poor

Company Information

Full Name:BOCOM International Holdings Company Limited
Founded:1998
Headquarters:Hong Kong
Enterprise Offices:N/A

Customer Support

Phone:
+852 3710 3328
Live Chat:
business_hours
Response Time:
Languages:
EnglishChinese (Simplified)+1
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Broker Summary

Summary of the broker

Summary of BOCOM International Review

Companies Overview and History

BOCOM International is the largest provider of financial services in Hong Kong as an independent broker/dealer with a complete suite of security and broking products for both individual and institutional investors. Operating as a division of China’s oldest and largest bank, the Bank of Communications (BOCOM), BOCOM International also enjoys considerable institutional strength and experience across borders.

BOCOM International was established in 1998 to offer traditional broking services but has been continually developing to create technology-enabled solutions that link the entire Chinese mainland with the global capital markets. As such, we continue to establish our credibility as an established and credible broker with a strong market presence in Hong Kong.

BOCOM International is headquartered in Hong Kong and therefore operates as the integrated securities platform of Bank of Communications Co. Ltd., allowing it to play a key role in linking the Chinese capital markets with the rest of the world and provide liquidity to its clients.

Event on May 19th, 2017 – BOCOM International was first company funded by Chinese banks to be listed on the Hong Kong stock exchange under the code 3329.HK. This historic event marked a significant change to the changing landscape of broking in Hong Kong and to the rapid growth of the sector.

Core Services

BOCOM International offers a variety of financial services for both individual and institutional clients, including the following key products:Access to Retail Brokerage and Trading

Retail investors access the marketplace through a variety of ways, including:

Real-time Quotes for online stock trading

Through the BOCOM(HK) Application (APP) on mobile devices

Using IVR and phone trading options

Visiting a BOCOM branch office

The business model that combines Online, Mobile, Telephonic, and Branch services provides businesses with the ability to provide more convenient and flexible trading options to their customers' different trading preferences.

Value Added and Investment Support

Along with the typical offerings of a brokerage, BOCOM International provides its customers with:

IPO Subscription Services

Pre-IPO Aiding

Listing of RMB-denominated Securities

ET Net, a provider of Market Quotes

Two-factor Authentication for online security

Asset Management

BOCOM International Asset Management Ltd, wholly owned by BOCOM International, provides management services to funds authorized by the SFC. The Fund information is available on the BOCOM International website and is a testament to the transparent and investor-oriented approach of BOCOM International.

Regulatory and Licensing Authority

BOCOM International is governed by the regulatory environment of Hong Kong, provided that it is licensed by appropriate authorities.

Regulatory Authority | License Number | Current

------------------|-------------------|----------------

Hong Kong SFC (SFC) | CE No. APJ121 | Type 1, 2, 4, and 5

Hong Kong Exchange | Participant No. 1842 | Exchange Participant

The holding company, Bank of Communications, further enhances BOCOM International's governance processes and greater reliability.

Trading Conditions and Platforms

BOCOM International does not publicly share details for spreads, leverage, commissions, and minimum deposits.BOCOM International Markets (BOCOM) is an established and regulated securities Market Maker based in Hong Kong that provides a complete suite of services including Equity/Stock brokerage, Corporate Finance & Investment Banking, Investment & Asset Management Services. BOCOM is backed by the Bank of Communications (BOCOM) and listed on the Hong Kong Stock Exchange, offering investors the ability to participate in regional and cross-border markets through a trusted and secure channel.

The lack of publicly available information regarding trading costs or independent customer review sources make it challenging to determine expense transparency and consumer satisfaction. However, BOCOM’s long-standing record and regulatory compliance provide confidence in its ability to support the investor’s interests.

The market environment for BOCOM continues to evolve; currently, there are no new product launches, legislative changes, or corporate notices listed for BOCOM during the years 2020, 2021, and 2022. The continued efforts to strengthen BOCOM’s core service offerings within its current operating and regulatory environment continue to establish confidence among the firm’s customers.

The Company’s Website and Regulatory Filings provide the most recent information regarding BOCOM and its available services. BOCOM provides investors with a reputable – and regulated – market maker in Hong Kong with access to Equities/Stocks, Corporate Finance & Investment Banking and (Investment) Asset Management Services.

Regulatory Licenses

Compliance & oversight

2 licenses
Hong Kong
SFCTier 1
Hong Kong#APJ121
License Details
Type:Dealing in futures contracts
License #:APJ121
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Hong Kong
SFCTier 1
Hong Kong#BGZ962
License Details
Type:Dealing in futures contracts
License #:BGZ962
Status:Regulated
Validity
Effective:N/A
Expires:N/A
2
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

3 types
Standard
Standard
Min Deposit CNY 700 • Leverage 1:500
Min DepositCNY 700
Leverage1:500
ECN
ECN
Min Deposit USD 10,000 • Leverage 1:500
Min DepositUSD 10,000
Leverage1:500
VIP
VIP
Min Deposit USD 100,000 • Leverage 1:500
Min DepositUSD 100,000
Leverage1:500
3
Total Types
3
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

7 methods
Bank Transfer to Trust Accounts
Bank Transfer1 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:HKD 100
Max:N/A
Deposit currencies supported: HKD, USD, RMB. KYC verification required. Deposits for securities trading/settlement. Withdrawals below HKD 100 incur $5 admin fee.
Deposit Services via BOCOM Group Branches
Bank Transferhours
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Primarily for institutional/group clients. Market-rate interest applies.
E-wallet Withdrawals
E-Wallethours
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Withdrawal only; deposit support not confirmed. Processing times faster than bank transfers.
Cheque Withdrawals
Otherdays
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:USD 5
Min:USD 100
Max:N/A
Additional fees: CHATS $100, remittance $150 per application. Fees apply if withdrawal below $100.
7
Free Deposit
7
Instant
0
Crypto

Trading Platforms

Professional trading tools

2 Available
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with BOCOM International: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark BOCOM International at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for BOCOM International

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://www.bocomgroup.com/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Comments

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