WOCOM: SFC licence AAC230

WOCOM is part of the Wing On Group, which acquired it in 1986; WOCOM says it began in the 1970s as a branch of an international commodities trading house, and within the group Wing On Company International Limited is listed on the Stock Exchange of Hong Kong (stock code 0289). The company that holds an account depends on the product: the Securities and Stock Options Account is with Wocom Securities Limited, the Futures Account with Wocom Limited and the Forex Account with Wocom Foreign Exchange Co. Limited, each licensed by the SFC for that activity. Wocom Foreign Exchange Co. Limited is listed on the Hong Kong Companies Registry under company number 0255221, incorporated on 16 June 1989, as checked on 29 October 2026.

WOCOM's commission on Hong Kong securities is negotiable, with a minimum of HK$125 per transaction, and China Stock Connect trades carry a minimum of CNY125 per transaction, plus exchange levies, trading fees and stamp duty at the published rates. Fees for futures, options, overseas markets and other products are given on request rather than published.

No. WOCOM does not offer online account opening: applicants make an appointment with its staff, complete the forms and submit the originals at its registered office in Hong Kong. It offers individual, joint and company accounts, and using its online trading service requires a separate application for its Electronic Trading Services.

WOCOM offers its own online service, WOCOM Online Trading, through a web login and mobile apps for Android and iPhone that its website links to on Google Play and the App Store. The service runs Monday to Friday, excluding public holidays, from 8:30 a.m. to 9:30 p.m. WOCOM presents it as an online stock trading service, and its website names no MetaTrader or cTrader platform and no online platform for its futures or forex accounts.

Withdrawals are requested on WOCOM's Fund Withdrawal Form and paid by cheque, by CHATS to a bank in Hong Kong or by telegraphic transfer, always to an account in the client's own name. Instructions received before 11:00am on a business day are processed that day and later ones on the next working day; how long the money then takes to arrive depends on the bank channel. A handling fee applies to CHATS and telegraphic transfer withdrawals, but WOCOM does not publish the amount.

WOCOM accepts deposits only into its designated bank accounts: by bank transfer or cheque for every account, by FPS or PPS for the Securities and Stock Options Account, and by telegraphic transfer through Hang Seng Bank or Bank of China (Hong Kong) for overseas clients. FPS, bank transfer and cheque deposits made before 4:00 pm on a trading day are credited the same day, PPS deposits before 7:00 pm, and telegraphic transfers normally take 2 to 3 working days. WOCOM does not credit a deposit until it has the depositor's details, may return a deposit it identifies as coming from a third party, and discourages cash deposits, which it may reject.

WOCOM does not publish a minimum deposit. Its account opening page, deposits page and account opening forms give no minimum for the securities, futures or forex accounts, and no minimum or maximum amount is stated for any deposit method.

Yes. Wocom Group's account opening forms require applicants to declare that they are not US citizens or residents for tax purposes, so US persons cannot open an account. The forms are built for Hong Kong clients, and the broker also caters for overseas clients, for example with telegraphic transfer deposits, but it publishes no list of accepted countries. Accounts are opened in person at its registered office in Hong Kong.

Wocom Group can be reached by phone on (852) 2853-0111, by WhatsApp on (852) 5616-0672, by fax on (852) 2854-3822 and by email at cs@wocom.com.hk. Its office at Room 1002 Wing On Centre, 111 Connaught Road Central, Hong Kong, is open 9:00am to 6:00pm Monday to Friday and closed on Saturdays, Sundays and public holidays. Chat is offered through a WhatsApp button on its website rather than an on-site live chat.

Wocom Group does not publish a maximum leverage. It offers margin financing on Hong Kong securities and has futures and forex accounts, but its account opening, deposits and products pages give no leverage ratio, and its Margin Trading, Futures Trading and Foreign Exchange Trading Client Agreements are listed on its Download page by title only.

Wocom Group's products page lists Hong Kong securities with margin financing, China Connect, IPOs, stock options, foreign stocks, unit trusts, local and foreign futures, and forex, and its deposits page has separate Securities and Stock Options, Futures and Forex accounts. However, the broker's fraud alert states that it only provides Hong Kong and A-share trading services, and the site does not reconcile the two statements.

Yes. Wocom Group is regulated in Hong Kong by the Securities and Futures Commission (SFC), and the SFC's public register confirmed the licences of all four of its companies on 29 October 2026: Wocom Securities Limited (CE number AAC230, dealing in securities), Wocom Limited (AAH843, dealing in futures contracts), Wocom Foreign Exchange Co. Limited (ACL076, leveraged foreign exchange trading) and Wocom Investment Management Limited (AAG705, advising on securities and asset management). The last is an advisory and asset management licence, not a dealing licence. Which licence covers a client depends on the company that holds the account: securities and stock options sit with Wocom Securities Limited, futures with Wocom Limited and forex with Wocom Foreign Exchange Co. Limited.