Company Profile
Company Profile
Review summary
| LUKFOOK Review Summary | |
| Founded | 1999 |
| Registered Country/Region | Hong Kong |
| Regulation | SFC |
| Market Instruments | Futures, options, stock, securities |
| Account Type | Securities Account, Options Account |
| Trading Platform | Securities Trading System |
| Payment Method | Bank Transfer, Cheque Deposit, Telegraphic Transfer (including through bank counter, ATM & cheque deposit machine), FPS |
| Customer Support | Phone: (852) 2980 0888 |
| Fax: (852) 2980 0799 | |
| Email: cs@lff.com.hk | |
| Physical Address: Units 2201-2207 & 2213-2214, 22/F, Cosco Tower,183 Queens Road Central, Hong Kong (MTR Sheung Wan Station Exit E2) | |
LUKFOOKR Information
LUKFOOK, founded in 1999, is a brokerage registered in Hong Kong. The trading instruments it provides cover more than 50 types of forex , more than 70 types of shares, indices, metals, and commodities.
Pros and Cons
| Pros | Cons |
| Regulated | No commission information |
| Wide range of trading instruments | No clear information on the minimum deposit for each accounts |
| Generous leverage up to 1:500 | Limited account types offered |
| MT4 and MT5 supported | No Islamic account |
| Copy trading available | |
| Demo account available |
Is LUKFOOK Legit?
LUKFOOK is regulated by SFC in Hong Kong. Its current status is regulated.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Hong Kong | SFC | Luk Fook Futures (HK) Limited | Dealing in futures contracts | AXW976 | Regulated |
What Can I Trade on LUKFOOK?
LUKFOOK offers traders securities, futures, options, stock to trade.
| Tradable Instruments | Supported |
| Securities | ✔ |
| Fetures | ✔ |
| Options | ✔ |
| Stock | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Metals | ❌ |
| Indices | ❌ |
| Futures | ❌ |
LUKFOOK Fees
The LUKFOOK fees composition are complex. For example, Hong Kong securities transaction fees are included: Commission, Stamp Duty, Transaction Levy, Trading Fee, Clearing Fee, AFRC Transaction Levy and other fees.
| Types | Fees | |
| Commission | Online cash account | Negotiable |
| Online margin account | ||
| Stamp Duty | 0.1% of Transaction Amount (roundup to dollar) | |
| Transaction Levy | 0.0027% of transaction amount | |
| Trading Fee | 0.00565% of transaction amount | |
| Clearing Fee | 0.002% of transaction amountMin. charge $2.00. Max. charge $100.00 | |
| AFRC Transaction Levy | 0.00015% of transaction amount (rounded to the nearest cent) | |
Trading Platform
LUKFOOK's trading platform is Securities Trading System, which supports traders on PC.
| Trading Platform | Supported | Available Devices |
| Securities Trading System | ✔ | Web |
| MT4 Margin WebTrader | ❌ | |
| MT5 | ❌ |
Deposit and Withdrawal
Deposit
Fund Deposit to Securities account
Methods: Bank Transfer, Cheque Deposit, Telegraphic Transfer (including through bank counter, ATM & cheque deposit machine), FPS.
Payable to: Luk Fook Securities (HK) Limited
| Bank | Currency | Bank Account Number | SWIFT ID |
| HSBC | HKD | 511-246613-001 | HSBCHKHH |
| RMB | 848-160834-209 | HSBCHKHH | |
| USD | 848-160834-201 | HSBCHKHH | |
| Standard Chartered Bank | HKD | 447-0789162-3 | SCBLHKHHXXX |
| USD | 447-0789658-7 | SCBLHKHHXXX | |
| Hang Seng Bank | HKD | 275-225738-001 | HASEHKHH |
| Bank of China | HKD | 012-875-0047477-9 | BKCHHKHHXXX |
| RMB | 012-875-06022754 | BKCHHKHHXXX | |
| FPS Identifier (applicable to HKD) | Account Name | ||
| 5561857 | Luk Fook Securities (HK) Limited | ||
Fund Deposit to Futures Account
Methods: Bank Transfer, Cheque Deposit, Telegraphic Transfer (including through bank counter, ATM & cheque deposit machine), FPS.
Payable to: Luk Fook Futures (HK) Limited
| Bank | Currency | Bank Account Number | SWIFT ID |
| HSBC | HKD | 848-161287-001 | HSBCHKHH |
| USD | 848-161295-274 | HSBCHKHH | |
| Standard Chartered Bank | HKD | 447-0788477-5 | SCBLHKHHXXX |
| USD | 447-1-782444-9 | SCBLHKHHXXX | |
| Hang Seng Bank | HKD | 787-466911-002 | HASEHKHH |
| Bank of China | HKD | 012-875-00499941 | BKCHHKHHXXX |
| USD | 012-875-08037976 | BKCHHKHHXXX | |
| RMB | 012-875-06031244 | BKCHHKHHXXX | |
| FPS Identifier (applicable to HKD) | Account Name | ||
| 9006271 | Luk Fook Futures (HK) Limited – HKFE Clients A/C | ||
Withdrawal
The following withdrawal methods are available: Cheque Withdrawal (HKD), CHATS, Remittance.
