Broker Summary
Summary of the broker
Introduction
Selecting a reputable financial market broker that offers comprehensive services is critical for both novice and experienced traders. In Greater China, there is one firm, CPY, that ranks among the leaders as a broker, providing an extensive array of financial services to meet a wide range of investor needs in trading and investing. CPY has decades of experience, a well-developed infrastructure, and a strong reputation in the brokerage sector.
Whether investors are looking for equities, futures, fixed income, or wealth management, CPY provides clients with an integrated trading and investing solution enabled by advanced technology and a high level of customer service. This article highlights the essential aspects of CPY to provide readers with a comprehensive overview, including its history, services, trading conditions, fees, and market reputation.
Background and History
CPY, Core Pacific Yamaichi International (H.K.) Ltd was founded in 1969 and today ranks among the largest brokerage houses in Greater China. CPY is based in Hong Kong at Room 1101, 11/F, China Resources Building, 26 Harbour Road, Wanchai - a strategically located office in one of Asia's leading financial centers.
As part of the Core Pacific Group, CPY has expanded its footprint by establishing 12 brokerage branches in Hong Kong and opening offices in Shanghai and Beijing. The company employs about 350 people in its Hong Kong operations and about 200 people in its mainland operations, signifying that CPY is a true player in the brokerage industry.
Key Features and Offerings
Comprehensive Financial Services
CPY provides a complete array of financial services that meet the varying demands of investors across all investor types. The company's wide-ranging services include everything you need, from global equity and futures trading to fixed income products, wealth/asset management, underwriting and private placements, private equity, and employee stock ownership programs. These numerous products enable clients to build diversified portfolios and access several asset classes through only one broker.
Trading Platforms and Access Channels
CPY provides its clients with a wide variety of trading platforms to accommodate diverse trading requirements and enables them to access markets through multiple mechanisms. The trading platforms include:
- CPYGo Web Trading System
- CPYGo京華通 (Mobile App)
- 交易寶 (Mobile App)
- TSCI (PC Download Version)
- Interactive Voice Response (IVR) telephone system
- Wireless phone and PDA access
- Broker-assisted trading
These trading platforms all enable clients to access the resources they need to make sound investment decisions through real-time data, custom charts, and market research.
Product Range
CPY's product offerings cover a large spectrum of instrument types and markets, such as:
- Hong Kong and China equities
- US and Japanese equities
- Equity derivatives
- Asian fixed income
- Structured notes
CPY also provides around-the-clock trading access to 18 major Securities and Futures markets worldwide. This service is critical for global investors and traders who desire continuous trading access.
Regulatory Compliance and Licensing
CPY operates as a Financial Services company in Hong Kong and mainland China, with offices in Shanghai and Beijing. Specific regulatory license numbers/identifications and compliance information are not available from the data reviewed. Although the broker operates under the regulatory frameworks of two countries, there is limited information on the specific licensing requirements in each country.
Regulator | License Number | Status |
|---|---|---|
Limited information available | Not disclosed | Active operations in Hong Kong and China |
Trading Conditions and Platform Technology
Trading Conditions
CPY offers competitive trading conditions designed to accommodate a wide range of investors. The broker supports trading in multiple markets with flexible lot sizes and specific rules for different asset classes.
Trading Aspect | Details |
|---|---|
Stock Trading Commission | 0.25% on trading amount, minimum HK$100 per trade |
US Stock Trading | Minimum 1 share; special fees for penny stocks & ADRs; withdrawal on T+2 |
Taiwan Stock Trading | Board lot 1,000 shares; odd lots sell-only; odd lots handled via Account Executive |
IPO Application Fee | HK$50 administration fee plus levies and brokerage fees |
Minimum Deposit | Not specified |
Platform Technology
The CPY platform is designed to enable efficient trading through multiple access methods (Web, mobile apps, desktop downloads, and telephone systems). Each of these platforms provides users with real-time quotes, customizable charting, and integrated research resources, so traders can stay up to date on the market and execute trades quickly.
Fee Structure
To effectively assess a broker’s cost-effectiveness, users must have a good understanding of the fee structures. CPY has very transparent fees and has primarily focused on commissions and administrative fees.
Fee Type | Details |
|---|---|
Stock Trading Commission | 0.25% of trading amount, minimum HK$100 per trade |
Futures Trading Commission | Specific rates available on request (not detailed) |
IPO Application Fee | HK$50 administration fee plus transaction levy, trading fee, brokerage fee |
Deposit/Withdrawal Fees | Not specified |
Inactivity Fees | Not mentioned |
User Experience and Market Reputation
As one of the largest brokerage houses in the Greater China region, CPY is supported by a large branch network and a wide range of advanced electronic trading systems. The commitment to providing excellent customer service is evident in the multitude of ways clients can contact the company, including customer service hotlines, complaint hotlines, email support, and their assigned Account Executives.
In additionIn addition to receiving personalized support from CPY employees, clients also have access to a range of trading platforms tailored to their preferences and styles.
Although detailed customer reviews and ratings are not available in a public forum, the company has been in business for many years and operates on a large global scale, indicating that CPY has developed an excellent reputation in the brokerage industry. Developments
CPY has made some changes to its policy regarding US stock withdrawals, allowing requests to withdraw funds from the sale of US stocks to be processed two business days after the transaction date (instead of four business days). This change is now consistent with normal settlement cycles and will help clients manage their funds.
These recent changes are examples of how CPY is working to keep up with evolving market practices and regulatory requirements, while still providing efficient, compliant trading services to its clients.
Conclusion
CPY provides broad access to a wide variety of financial products, services and active trading centers throughout Asia. CPY's comprehensive financial services, coupled with its longstanding reputation for quality, support a diverse range of investment needs for both global and regional investors. In addition, while limited information is available regarding CPY's regulations and fees, the broker’s structure provides a solid foundation for reliability and versatility for traders worldwide.
As such, investors who are interested in using a well-established brokerage in the Greater China region should seriously consider CPY, which effectively combines traditional service values and integrity with innovative technology.
Regulatory Licenses
Compliance & oversight
SFCTier 1Regulated
Account Types
Trading account options
No Account Types
Account type information is not available for this broker yet.
Funding Methods
Deposit & withdrawal options
Cheque Deposit
Cash Deposit
HSBC e-Bill PaymentInstant
Phone Banking
Live Spreads & Trading Costs
Compare real-time spreads on major currency pairs
Spreads are the core trading cost with CPY: 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 CPY at a glance
- Bid, ask and pip-change data to estimate your real cost per trade
Spread data is indicative and for comparison purposes only
Social Presence
Digital community engagement
No Social Media Presence
This broker doesn't have active social media accounts
Corporate Network
Enterprise structure & relationships
CORE PACIFIC - YAMAICHI INTERNATIONAL (H.K.) LIMITED
Registration
0018673
Established
2007-09-19
CORE PACIFIC-YAMAICHI FUTURES (H.K.) LIMITED
Registration
0453470
Established
1993-11-09

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