1. What types of trading accounts does AFG Securities offer?
AFG Securities offers Cash Securities trading account. Client can open an individual account, joint account or corporate account.
2. Is there any minimum deposit requirement when opening an account?
There is no minimum deposit requirement for account opening.
3. How can I open an account with AFG Securities?
Please visit our office in person.
Office address (Hong Kong):
Flat B, 17/F, Fortune House, 61 Connaught Road Central, Central, Hong Kong
Office hours: 9:00a.m. to 5:30p.m. (Mon - Fri); Closed on Saturday, Sunday and public holiday
4. What documents are needed to open an individual/joint account?
i) Identity document e.g. HKID Card/Passport of the Account Holder(s)
ii) Residential Address Proof of the Account Holder(s) e.g. bank statement or utility bill issued within the past 3 months
iii) Proof of effective Hong Kong Bank account
5. What documents are needed to open a corporate account?
Please view the "Open Account" under Customer Service session.
6. How long does it take to open a trading account?
The process usually will be completed within 2-3 working days after we received all relevant documents and they are properly signed.
7. Are there any charges for opening a trading account?
No. There is no account opening fee.
8. How to deposit fund into AFG Securities account?
i. Deposit cheque or transfer fund into the following bank accounts
Bank Currency Bank Account Number
Hang Seng Bank HKD 024-239-714454-668
Bank of China (Hong Kong) HKD 012-875-0-0621-304
DBS Bank (Hong Kong) HKD 016-000-129-192
Recipient: Cheque or cashier order should be made payable to "AFG Securities Limited".
Confirm Payment: Client must e-mail (cs@afgs.hk), fax (852-3621 0300), mail or in person, provide the bank-in slip to AFG Securities; if the
deposit is done through internet banking service, client must e-mail the transfer confirmation screen to AFG Securities.
Note: Client must state to the bank teller your AFG Securities account no. as Reference Code,
all the deposits on or after 3p.m. will be updated in AFG Securities account in next trade day.
ii. Deposit cheque or cashier order at AFG Securities Limited
9. When is the cutoff time of cheque deposit?
The cutoff time of cheque deposit is 3p.m. Cheque deposited thereafter will be processed on the next trading day.
Cheque deposited on Saturday will also be processed on the next trading day.
10. How to withdraw fund? When is the cutoff time of fund withdrawal?
(i). Cheque
Client can request fund withdrawal through AFG Securities Web, AFG Securities Web Mobile, or by contacting our Client Service Department (852-3577 8629).
Withdrawal request made before 12p.m. on any business day will receive the amount deposited by crossed cheque to the registered bank account in the afternoon on the same business day.
Withdrawal request made after 12p.m. on any business day or non-business day will receive the amount deposited by crossed cheque to the registered bank account in the afternoon on the next business day.
(ii). Collect Cheque in person
Client can contact your Account Executives or Client Services Department on or before 12p.m. on every trading day to request collect the cheque in person at our office in next trade day.
11. Does AFG Securities collect custodian fee?
AFG Securities does not collect any custodian fee.
12. How about other fees charged by AFG Securities?
You may view the "Charge and Commission" under Customer Service session.
