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Eddid Financial

Suspicious Clone
Hong Kong
,
Since 2015
Last Updated:
79/100
Overall Score

Trading Conditions

Min Deposit:
USD450
Max Leverage:
1000
Account Types
Standard Account

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

3 methods

Credit/Debit Cards

credit card
hours
Fee:
Free
Fee:
Free

Bank Transfers

bank transfer
hours
Fee:
Free
Fee:
Free

E-wallets

e wallet
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 82%, 2: License 76%, 3: Software 0%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
82%Excellent
License
76%Good
Software
0%Poor
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:Eddid Financial Holdings Limited
Founded:2015
Headquarters:Hong Kong
Enterprise Offices:1offices

Customer Support

Phone:
+852 2655 0300
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction

Within the rapidly changing face of financial services, Eddid Financial is a dynamic fintech group that has successfully married innovation with traditional finance. Headquartered in Hong Kong and founded in 2015, Eddid Financial has carved out a niche for itself by offering an extensive suite of financial solutions tailored for both retail and institutional investors alike. Its full commitment to integrating state-of-the-art technology with robust financial expertise positions it as one of the formidable players within the Asia-Pacific region and beyond.

With its expanding international presence and portfolio of diversified services, Eddid Financial is representative of the modern-day financial institution that is fast-moving, tech-savvy, and client-oriented. This article examines background information on the company, core offerings, regulatory framework, trading platforms, fee structures, and recent news to provide readers with a comprehensive perception of what makes Eddid Financial an entity of particular note in today's financial ecosystem.

Background and History

Founding and Evolution

Eddid Financial was established in Hong Kong in December 2015 with the vision to fill a market gap for comprehensive financial service providers. The company initially engaged in developing online businesses and brokerage services, targeting mainly mainland China. It gradually transitioned into a Hong Kong-based model with an increased scope of activities and capabilities, aimed at serving a wider client base.

This strategic shift allowed Eddid Financial to tap into Hong Kong's mature financial infrastructure while maintaining strong ties to mainland China's burgeoning market. The company's evolution underscores its adaptability and vision in dealing with complex regulatory and market environments.

Overview Headquarters and Global Presence

Eddid Financial is headquartered at 21/F, CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong. It has continued to grow its presence abroad. The New York office is a key indicator of its plans for the US market. Currently, the number of workers has passed the 100 employee threshold, with an increase expected in the near future. Eddid Financial is now well-positioned to scale up its business and expand its professional services globally.

Leadership

The leadership of Eddid Financial is led by the chief executive officer, Jerry Tse, who has accumulated much experience in large-scale capital market transactions and landmark IPOs related to major Chinese banks. Thomas Yu is in charge of the Investment Banking division and has more than 15 years of experience from institutions such as Merrill Lynch Asia and Deutsche Bank. Their combined leadership assures a strategic direction rooted in rich industry knowledge and operational excellence.

Key Features and Offerings

Comprehensive Financial Services

Eddid Financial offers a wide range of services to meet the diverse needs of its clients: from fintech solutions and asset and wealth management to investment banking, securities and futures trading, forex investment, mutual funds, and even virtual asset services. Such a wide portfolio allows serving retail investors and institutional clients with equal efficiency.

In addition, Eddid Financial offers a range of specialized products, including stock-linked high-interest notes, stock financing, margin financing, securities lending, and IPO subscription services, among others.

Trading Platforms

Recognizing the diverse needs of various investor groups, Eddid Financial has established several trading platforms:

EDDID ONE: This is a fully featured, in-house developed trading platform designed to offer an encompassing trading experience.

Eddid Lite: An efficient platform, personalized for the retail investor who wants simplicity and ease of use.

Eddid Pro: Advanced trading platform for professional traders who require sophisticated tools and analytics.

These platforms offer diversified markets that include Hong Kong stock, US stock, Hong Kong futures, and global futures to ensure versatility in trading options for clients.

Regulatory Compliance and Licensing

Operating in strongly regulated markets, Eddid Financial has built a solid compliance framework, supported by multiple licenses and memberships, and this regulatory adherence serves to underscore the commitment to transparency, security, and client protection by the company.

Regulator

License Type

Status

Hong Kong Securities and Futures Commission (SFC)

Type 1 (Dealing in Securities)

Active

Hong Kong Securities and Futures Commission (SFC)

Type 2 (Dealing in Futures Contracts)

Active

Hong Kong Securities and Futures Commission (SFC)

Type 3: Leveraged Foreign Exchange Trading

Active

Hong Kong Securities and Futures Commission (SFC)

Type 4 (Advising on Securities)

Active

Hong Kong Securities and Futures Commission (SFC)

Type 5 (Advising on Futures Contracts)

Active

Hong Kong Securities and Futures Commission (SFC)

Type 9: Asset Management

Active

Hong Kong Insurance Authority

Insurance Brokerage License

Active

Hong Kong Trust and Company Service Providers

Trust Business License

Active

Hong Kong Customs and Excise Department

Bullion Business License

Active

United States Securities and Exchange Commission (SEC)

Membership in the SEC

Active

National Futures Association - NFA, USA

NFA Membership

Active

Trading Conditions and Platform Technology

Trading Conditions

Although details about spreads, leverage ratios, minimum deposits, and fee schedules are not made public, Eddid Financial provides a very competitive trading environment, which is complemented with their advanced platforms. The clients also have access to equities, futures, forex, and virtual assets in a single account, which will give them diversified investment opportunities.

Platform Technology

Eddid Financial's in-house trading platforms are developed by a dedicated team of about 150 professionals. This allows the company to maintain full control over system architecture, security, and feature innovation. Eddid Financial combines the mature financial ecosystem of Hong Kong with technological advancements from Shenzhen, thereby delivering robust, scalable, and user-friendly platforms.

In addition, the company is exploring white-label solutions, offering its proprietary technology to other securities houses. The next move would place Eddid Financial not just as a service provider but as a technology partner in the financial industry.

Platform

Target Users

Key Features

Eddid ONE

General and Institutional Traders

Full-featured interface, multi-asset access, advanced analytics

Eddid Lite

Retail Investors

Streamlined design, ease of use, essential trading tools

Eddid Pro

Professional Traders

Advanced trading tools, real-time data, customizable interface

Fee Structure

Eddid Financial does not provide clear, specific details on its deposit fees, withdrawal fees, commissions, and inactivity charges. It would be best to consult directly with Eddid Financial for the most current and precise fee schedules that apply to your particular account type and trading situation.

However, Eddid Financial's broad services and multijurisdictional presence are indicative of a fee structure that is very competitive in both fintech and traditional financial service markets.

Fee Type

Details

Availability

Deposit Fees

Not publicly disclosed

Contact needed

Withdrawal Fees

Not publicly disclosed

Contact needed

Commission

Not publicly disclosed

Contact needed

Inactivity Fees

Not publicly disclosed

Contact needed

User Experience and Market Reputation

Although specific customer reviews and satisfaction metrics are not readily available, sustained growth and expansion into international markets for Eddid Financial would arguably suggest positive reception among its clientele. The integration of artificial intelligence and fintech innovations in a company's focus could be an indicator of a forward-thinking approach towards enhancing user experience and operational efficiency.

In addition, that Eddid Financial serves both retail and institutional investors alike by providing them with appropriate, customized platforms and services reinforces its commitment to meeting client needs across a wide spectrum. Its competitive positioning against established players such as Futu Securities and DBS Bank further reinforces its growing reputation in the financial services industry.

Recent Developments

Eddid Financial has lately made massive strides in expanding its footprint in the US, where it successfully completed its very first US IPO as a stabilizing agent. This landmark represents a strategic push into North American markets, and it has plans to achieve similar successes across Canada.

In parallel, the company continues to internationalize its flagship Eddid One platform by adapting it to international users beyond its traditional Asian markets. This includes enhancements to accommodate the diverse regulatory environments and user preferences. In addition, after some policy changes related to offshore financial services in China, Eddid Financial shifted its strategy and started to focus more on its offline institutional business base in China and, at the same time, further develop its own fintech products for the Chinese market. The integration of AI and advanced technologies is ongoing to keep pace with the competition in innovation.

Conclusion

Eddid Financial epitomizes the modern financial services firm through its harmony of fintech innovation with traditional financial acumen. Founded in 2015, it has grown into a multidimensional institution with multiple service offerings across several jurisdictions. With its strong regulatory compliance, diverse trading platforms, and strategic management, the company is well-placed for further growth and relevance in this market. While operational specifics of some nature, such as structures of fees, are not publicly disclosed, the transparency of Eddid Financial's licensing and ongoing technological improvement inspires confidence. With its international expansion and refinement of product offerings, Eddid Financial is well-placed to be among the leaders in the changing global financial world.

Regulatory Licenses

Compliance & oversight

4 licenses
Hong Kong
SFCTier 1
Hong Kong#BHT550
License Details
Type:Dealing in futures contracts & Leveraged foreign exchange trading
License #:BHT550
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Singapore
MASTier 1
Singapore#CMS101839
License Details
Type:Financial Service
License #:CMS101839
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Hong Kong
SFCTier 1
Hong Kong
License Details
Type:Dealing in securities
Status:Regulated
Validity
Effective:N/A
Expires:N/A
United States
SECTier 1
United States
License Details
Type:Financial Service
Status:Regulated
Validity
Effective:N/A
Expires:N/A
4
Tier 1
3
Countries
0
Offshore

Account Types

Trading account options

No Account Types

Account type information is not available for this broker yet.

Funding Methods

Deposit & withdrawal options

3 methods
Credit/Debit Cards
Credit Cardhours
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
No official deposit fees; possible bank or payment provider fees. Withdrawal fees not specified for this method.
Bank Transfers
Bank Transferhours
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Withdrawal fees may include hidden or unexpected fees up to 10% of withdrawal amount as reported by users. Processing times not published; significant delays reported.
E-wallets
E-Wallethours
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
User reports indicate withdrawal fees may be hidden and up to 10% of withdrawal amount. Verification and additional fees may be required to unlock withdrawals.
3
Free Deposit
3
Instant
0
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Eddid Financial: 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 Eddid Financial at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Eddid Financial

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

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

Social Presence

Digital community engagement

3 platform

Corporate Network

Enterprise structure & relationships

1 entities

Eddid Securities and Futures Limited

Hong Kong
active

Registration

2315533

Established

2015-12-04

Comments

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