Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
1/10 · LowTwo tier-1 SFC licences verified on the regulator's own register, active since 1 April 2003, no conditions and no disciplinary actions, reinforced by HKEX participantship in both securities and futures.
Identity & transparency
2/10 · LowThe SFC and HKEX registers publish the same entity name, website, email and two office addresses as the firm's own pages, with 5 named responsible officers and 41 licensed representatives; only minor unit-number and stale-page inconsistencies.
Withdrawals & conduct
3/10 · LowNo fund-integrity complaints of any kind on any platform checked, but equally no independent confirmation that withdrawals are processed, so the clean position rests on silence rather than proof.
Reputation
4/10 · ModerateNo complaints and no positive reviews anywhere: no Trustpilot page, no app-store ratings, no forum discussion; the brand is also actively abused by a website the SFC has flagged.
Website claims
3/10 · LowLicence, exchange-participant and group claims all check out against primary registers, but the advertised 1982 founding predates the 31 December 1985 incorporation date and some pages describe an office the firm no longer uses.
Operational history
6/10 · HighComputed track record of about 27 years from a 1999 domain and a 1985 company, with unbroken yearly archive captures under the same brand since 2001 and no previous name on the register.
Who they are
A quick desk file on the company behind the brand.
- Brand: 協聯證券 / Corporate Brokers (CBL), part of the 協聯集團 group.
- Legal entities: Corporate Brokers Limited 協聯證券有限公司 (securities), Corporate Commodities Limited 協聯期貨有限公司 (futures), Corporate Finance (D.T.C.) Limited 協聯財務有限公司 (deposit taking and lending).
- Registered: Hong Kong. Principal place of business Unit 406-408, 4/F, Fortress Tower (北角城中心), 250 King's Road, Fortress Hill; branch at Units 01-02, 12/F, Nan Fung Centre, 264-298 Castle Peak Road, Tsuen Wan.
- Website: cblhk.com, with client trading at i-trading.cblhk.com.
- Licences: SFC AAC806 (Dealing in Securities) and SFC AAK110 (Dealing in Futures Contracts), both Hong Kong tier-1 and both active since 1 April 2003.
- Also on record: HKEX Stock Exchange Participant 01252 with ten allocated broker numbers; HKFE Exchange Participant classed as a Futures Commission Merchant; a group affiliate authorised by the Hong Kong Monetary Authority as a deposit-taking company.
- Offers: Hong Kong cash and margin share dealing, index futures and options, warrants, callable bull and bear contracts, IPO subscription, Shanghai and Shenzhen Stock Connect, share margin financing.
- Not offered: no retail forex or CFD trading, no demo or swap-free accounts, no deposit bonuses and no leverage promotions.
- Age claim: the site says the securities company was established in 1982 and that the group has been rooted in Hong Kong for over 30 years.
- Staffing: 5 SFC-approved responsible officers and 41 individually licensed representatives on the public register, plus a named complaints officer.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: Yes
We confirmed this broker on a genuine regulator’s register.
Licences the broker publishes
Securities and Futures Commission (SFC), Hong Kong
Securities and Futures Commission (SFC), Hong Kong
Hong Kong Monetary Authority (HKMA)
Why we reached this verdict
How the evidence adds up.
Two separate things are true about this firm, and the report has to carry both.
- On the evidence, this is a genuinely regulated, long-established Hong Kong securities house. Four official registers independently tie the same entity to the same addresses and to the same website. The SFC register shows AAC806 held by Corporate Brokers Limited for Dealing in Securities since 1 April 2003, with no conditions and no disciplinary actions, and it prints www.cblhk.com as the licensee's own website. The futures arm holds AAK110 on the same terms. Hong Kong Exchanges lists the securities company as a Stock Exchange Participant with ten broker numbers and the futures company as a Futures Commission Merchant. The Hong Kong Monetary Authority lists the group's finance arm as an authorised deposit-taking company with annual reports filed through 2025.
- The impersonation runs the other way. The negative material circulating under the name Corporate Brokers Limited points at cbleurope.com, which the SFC added to its Alert List on 13 December 2024 with the remark that the website is not associated with Corporate Brokers Limited, an SFC-licensed corporation. A name search of the Alert List for Corporate Brokers returns no match for this firm. We attribute none of that material here.
- The identity checks pass completely. The licensed name matches, the register-published website matches the site we examined, and the register-published addresses match the firm's own contact page. The domain has been continuously captured every year since 2001 under the same brand, with the same client hotline, so there is no sign of an aged domain being repurposed.
- What is missing is the clients' side of the story. There is no Trustpilot page for cblhk.com, neither app store shows a single rating, and no forum or review thread discusses the firm. We found no complaints, which is good, but we also found no confirmation from any client that money comes back out. For the one question a reader most wants answered, there is nothing independent to weigh.
- So the published figure is 65 percent, and the verdict is high risk unverified. The evidence-based score was 21 percent. Our rules raise the figure when a sweep across several platforms turns up no client record of any kind, because an operation that leaves no trace cannot be treated as proven safe on an absence. We want to be exact about what that means here: it is a statement about the thinness of the public record, not a finding of wrongdoing. We found no regulator warning against this firm, no enforcement action, no disciplinary history and no client complaint.
- One small discrepancy sits against the firm itself. It advertises 1982 as its founding year, while Hong Kong corporate records put the securities company's incorporation at 31 December 1985. That is a three-year overstatement inside a corporate history that is otherwise real and verifiable. Parts of the site are also out of date, including a passage describing a Wan Chai head office commissioned in 2013 that is not among the firm's registered addresses.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The SFC public register lists Corporate Brokers Limited 協聯證券有限公司 (AAC806) as a Licensed Corporation for Dealing in Securities since 01 Apr 2003, with no end date. Register last updated 16 Oct 2026.
E2The same register entry records the licensee's website as www.cblhk.com, its email as enquiry@cblhk.com, its principal place of business as Unit 406-408, 4/F, Fortress Tower, 250 King's Road, Fortress Hill, and a second office at Units 01-02, 12/F, Nan Fung Centre, Tsuen Wan. The site under review is therefore the site on the licence.
E3The SFC Alert List entry for cbleurope.com, added 13 Dec 2024, carries the remark that the website is not associated with Corporate Brokers Limited, which is an SFC-licensed corporation. The home regulator distinguishes the licensed firm from the flagged site in writing.
Hard proofSFC Alert List, suspicious websitesE4A name search of the SFC Alert List for Corporate Brokers returns no match, so this firm is not itself listed as an unlicensed or suspicious entity.
E5Hong Kong Exchanges lists Corporate Brokers Limited as a Stock Exchange Participant, ID 01252, with ten allocated broker numbers (7990 to 7999 and 8009), the Fortress Tower address and website http://www.cblhk.com.
E6Hong Kong Exchanges lists Corporate Commodities Limited as an HKFE Exchange Participant, HKATS code CRP, categorised as a Futures Commission Merchant, at the same address and with the same website cblhk.com.
E7The SFC register lists Corporate Commodities Limited 協聯期貨有限公司 (AAK110) as a Licensed Corporation for Dealing in Futures Contracts since 01 Apr 2003, confirming the group's futures arm is separately licensed.
E8The SFC register returns None for public disciplinary actions against Corporate Brokers Limited, and None for licensing conditions. The register notes that actions taking effect over five years ago are not shown.
E9The SFC register lists 41 individually licensed representatives for AAC806 alongside the corporation itself, and 5 approved responsible officers for Dealing in Securities. Maintaining that many licensed individuals indicates a real staffed brokerage rather than a shell.
E10The HKMA Register of Authorized Institutions lists CORPORATE FINANCE (D.T.C.) LIMITED (協聯財務有限公司) as a Deposit-taking Company at Unit 404A, 4/F, Fortress Tower, 250 King's Road, North Point, with annual reports filed for 2021 through 2025. A second Hong Kong regulator places the group at the same building.
E11The SFC register shows no previous name for Corporate Brokers Limited, so the firm has traded under one name throughout and there is no earlier brand carrying a separate history.
E12Registry records show cblhk.com was registered on 26 July 1999 through Network Solutions, with expiry in 2028. The domain is 27 years old and predates the firm's current SFC licence period.
E13Archived captures of cblhk.com exist for every year from 2001 to 2026 without a gap. The 2013 capture shows the same 協聯證券 brand, the same client hotline 2832 0132 still in use today, dated daily market commentary and the same cash, margin and futures account range, ruling out an aged domain repurposed by a new operator.
E14No consumer review footprint exists for the firm. There is no Trustpilot page for cblhk.com, and the Google Play listing published by Corporate Brokers Limited shows 100-plus downloads with no star rating or reviews; the Apple listing by the same developer states it has not received enough ratings to show an overview. No complaints and no positive reviews were found on any platform checked.
E15The firm's own About page states the securities company was established in 1982, while Hong Kong corporate records put its incorporation at 31 December 1985. The same page still describes a Wan Chai head office commissioned in April 2013, which is not among the addresses on the SFC register, and the footer carries a 2017 copyright.
E16The group page names 西九龍中心 among the group's Hong Kong property interests and links the property group's own websites. Dragon Centre in Sham Shui Po is independently recorded as developed and owned by Eton Properties, so the background claims are substantially verifiable rather than marketing invention.
E17The client trading portal at i-trading.cblhk.com serves a working secured login over HTTPS with username, password and language options, and the firm's apps were updated on 1 June 2026. The operation is live rather than a dormant licence.
E18The firm's risk and disclaimer page is conventional and sober: it warns that securities prices can fall, that market data may be delayed and is not supplied by the exchange, and that users should take professional advice. There are no profit guarantees, bonus schemes, volume-locked withdrawals or messenger-only contact channels.
The other side
The strongest case in this broker’s favour.
The case for treating this firm as a normal, respectable Hong Kong broker is strong, and most of it comes from register-class sources rather than opinion.
- Two tier-1 SFC licences, unconditional, held continuously for 23 years, with a clean disciplinary record. Hong Kong is one of the strictest licensing regimes in Asia and its licensees fall under the Investor Compensation Fund.
- Exchange participantship is not something a shell can hold. Ten allocated broker numbers on the securities side and Futures Commission Merchant status on the futures side both imply real order flow and real clearing obligations.
- 41 individually SFC-licensed representatives and 5 approved responsible officers are named on the public register. Maintaining that many licensed individuals is expensive, continuous and impossible to fake.
- A sister company authorised by the Hong Kong Monetary Authority as a deposit-taking company, filing annual reports every year from 2021 to 2025, puts the group inside the Banking Ordinance perimeter as well.
- The group's background claims hold up where they can be checked. The site names Dragon Centre (西九龍中心) among the group's Hong Kong property interests and links the property group's own websites; Dragon Centre in Sham Shui Po is indeed developed and owned by Eton Properties. The About page is substantially accurate rather than marketing invention.
- Conduct signals are all benign. The risk disclosure is sober and conventional, there are no profit guarantees, no bonus schemes with volume locks, no crypto-only funding rails and no messenger-based sales funnel. The firm tells clients their shares are never re-pledged, publishes a complaints officer on the register, and posted its own warning when a staff mailbox was compromised, which is the behaviour of a firm managing risk rather than hiding it.
- A live client trading portal and apps maintained on both stores into June 2026 confirm an operating business, not a dormant licence.
On that record alone the fair reading is a low-risk, conservatively run local brokerage, and the 21 percent evidence score reflects it. The single thing holding the published figure up is that none of its clients have left a public account of dealing with it.
What would change this
What we would need to see to revise the verdict.
This figure is unusually easy to move, because it rests on an absence rather than on a finding.
- Any independent client record would bring it down sharply. A handful of verifiable reviews on a public platform, app-store ratings, or dated accounts of deposits and withdrawals being processed normally would remove the only reason the figure is above about 21 percent.
- Confirmed payouts would settle the open question directly. Specific client reports of funds being withdrawn without obstruction, with amounts and dates, would let us score fund access on evidence instead of silence.
- Conversely, the figure would rise on fund-integrity reports. Credible, specific accounts of withdrawals refused or delayed, balances adjusted away, or any demand for an extra payment before funds are released would push this into scam territory quickly.
- A change on the SFC register would be decisive either way. Suspension, revocation or the appearance of a disciplinary action against AAC806 or AAK110 would change the verdict. So would the firm's removal from the HKEX participant lists.
- Correcting the founding-year claim to match the 31 December 1985 incorporation date would remove the one discrepancy we record against the firm's own statements, as would refreshing the pages that still describe a head office it no longer uses.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
SFC public register: Corporate Brokers Limited (AAC806) licence details
Shows Dealing in Securities as a licensed corporation since 1 April 2003.
SFC public register: AAC806 addresses, email and website
The regulator's own record of the firm's website www.cblhk.com and both offices.
SFC public register: Corporate Commodities Limited (AAK110)
The futures arm, licensed for Dealing in Futures Contracts since 1 April 2003.
SFC public register: AAC806 public disciplinary actions
Returns None for this corporation.
SFC Alert List: cbleurope.com
The SFC states this flagged website is not associated with Corporate Brokers Limited.
SFC Alert List name search for Corporate Brokers
No match, so this firm itself is not on the Alert List.
HKEX participant search: Corporate Brokers Limited
Stock Exchange Participant ID 01252, website cblhk.com.
HKEX participant search: Corporate Commodities Limited
HKFE Exchange Participant, categorised as a Futures Commission Merchant.
HKMA Register of Authorized Institutions: Corporate Finance (D.T.C.) Limited
The group's finance arm, authorised as a deposit-taking company.
Corporate Brokers Limited official website
The firm's own site, matching the website recorded on the SFC register.
Frequently asked questions
Quick answers about this broker’s safety.
Is CORPORATE BROKERS LIMITED a scam?
No. We found no evidence that it is a scam. Corporate Brokers Limited is licensed by the Hong Kong Securities and Futures Commission under CE number AAC806 for Dealing in Securities, continuously since 1 April 2003, and the regulator's own register records the firm's website as www.cblhk.com. There is no regulator warning against it, no disciplinary action and no client complaint we could find.
Is CORPORATE BROKERS LIMITED a fraud?
We found no evidence of fraud. There is no warning notice, no enforcement action and no fraud-related court record naming this company or its website. Its two SFC licences are current, it is a Hong Kong Exchanges participant in both securities and futures, and its public disciplinary record is empty.
Why is the risk figure 65 percent if you found nothing wrong?
Because of what is missing rather than what we found. The evidence on its own supports about 21 percent. We swept several review platforms and found no complaints but also no positive reviews, no Trustpilot page and no app-store ratings, so there is no independent record of how clients are actually treated. Our rules raise the published figure when a firm leaves no client trace at all, since an absence is not proof of safety. It is not a finding of misconduct.
What is cbleurope.com, and is it the same company?
It is not. The Hong Kong SFC added cbleurope.com to its Alert List on 13 December 2024 and states plainly that the website is not associated with Corporate Brokers Limited, which it describes as an SFC-licensed corporation. Most of the scam material circulating under this brand name relates to that separate site. The licensed firm trades at cblhk.com.
Is CORPORATE BROKERS LIMITED regulated, and by whom?
Yes, by the Securities and Futures Commission of Hong Kong, a tier-1 regulator. Corporate Brokers Limited holds CE number AAC806 for Dealing in Securities, and the group's futures company, Corporate Commodities Limited, holds AAK110 for Dealing in Futures Contracts. Both have been in force since 1 April 2003 and carry no licensing conditions.
Can I withdraw my money from this broker?
We found no complaint from anyone saying they could not. We also found no public confirmation from clients that withdrawals are processed smoothly, so we cannot verify it either way from independent sources. As a licensed Hong Kong corporation the firm is subject to SFC client-money rules, but we would still start with a modest amount and test a withdrawal early.
Is my money safe with CORPORATE BROKERS LIMITED?
The protections are among the better ones available. Clients of an SFC-licensed corporation benefit from Hong Kong's client-asset segregation rules and may be covered by the Investor Compensation Fund. The firm also states that client shares are never re-pledged. What we cannot add is independent client testimony, because none exists in public.
Who owns CORPORATE BROKERS LIMITED?
It is part of the 協聯集團 group, which also includes the futures company Corporate Commodities Limited and Corporate Finance (D.T.C.) Limited, a deposit-taking company authorised by the Hong Kong Monetary Authority. The group's site describes shareholder interests across banking, property, aviation, tobacco, brewing and hotels, and names Hong Kong property including Dragon Centre, which is owned by Eton Properties. Five responsible officers are named on the SFC register.
How old is CORPORATE BROKERS LIMITED?
The verifiable track record is about 27 years. The cblhk.com domain was registered on 26 July 1999 and has been captured every year since 2001 under the same brand. Hong Kong corporate records put the securities company's incorporation at 31 December 1985, and its SFC licence runs from 1 April 2003. The site advertises 1982, which is three years earlier than the registered incorporation date.
Does CORPORATE BROKERS LIMITED offer forex or CFD trading?
No. It is a Hong Kong stockbroker and futures broker. It offers Hong Kong share dealing on cash and margin accounts, index futures and options, warrants, callable bull and bear contracts, IPO subscription and Shanghai and Shenzhen Stock Connect. There are no retail forex or CFD products, no demo accounts and no bonus or leverage promotions.
Is CORPORATE BROKERS LIMITED a clone of another broker?
No, and the position is the reverse. Its name and licence are genuinely its own: the SFC register, the HKEX participant lists and the firm's website all match. It is the firm being impersonated, which is why the SFC published an alert about a separate website using a similar name.
Has the firm ever been fined or disciplined?
The SFC public register returns None for public disciplinary actions against both Corporate Brokers Limited and Corporate Commodities Limited. The register notes that actions which took effect more than five years ago are not displayed, so the clean record covers recent years.
What should I check before opening an account?
Confirm you are on cblhk.com and not a similar-looking address. Search CE number AAC806 on the SFC public register and check the website printed there matches. Deal only through the published office addresses and the enquiry@cblhk.com address. Ask in writing how client money is segregated and what the withdrawal timetable is, and keep every contract note and statement.
What do I do if I was scammed by a site using this name?
Report it to the SFC through its online complaint form, naming the exact website or contact that approached you, and notify your bank or payment provider at once so they can attempt a recall. Keep all messages, screenshots and transfer records. Never pay an upfront fee to anyone promising to recover your money, as that is a common follow-up scam.
What we recommend
The practical takeaway from everything above.
Treat this as a licensed Hong Kong broker with a thin public footprint, and verify the firm yourself before you deal with it.
- Check you are on the right website. The licensed firm trades at cblhk.com. The SFC has flagged cbleurope.com as a suspicious website and says it is not associated with this company. If you were approached via that address, or by anyone using this brand on WhatsApp or Telegram, you were not dealing with the licensed firm.
- Verify the licence at source. Search CE number AAC806 on the SFC public register and confirm the entry still shows Dealing in Securities as current, and that the website it prints is cblhk.com.
- Deal with the firm through its published channels only. The register lists enquiry@cblhk.com and the offices at Fortress Tower and Nan Fung Centre. Open accounts in person or through the documented process, not through an introducer who contacts you first.
- Ask the questions the public record cannot answer. Before funding an account, ask in writing how client money is segregated, what the withdrawal timetable is, and request the current fee schedule. Start with an amount you can afford to have tied up, and test a withdrawal early.
- Keep your own records. Retain contract notes, statements and transfer confirmations. Hong Kong clients of a licensed corporation can complain to the SFC and may be covered by the Investor Compensation Fund, so documentation is worth keeping.
- If you have lost money to a site using this name, report it to the SFC through its online complaint form and to your bank or payment provider immediately. Do not pay anyone who offers to recover the funds for an upfront fee.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed October 17, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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