1.Is there any identity restriction for TRS to open an account?
Hong Kong or US residents cannot open an account.
2.Can I entrust someone to open an account for me?
Do not entrust others to open an account for you.
3.How should open an account operate?
Download the software according to the guidelines, use the quick account opening function, improve the relevant information according to the requirements, and complete the account opening online.
4.How do I know my opening status?
It can be checked by the trading software.
5.How do I receive my account information?
Lion Brokers Limited will send you the successful account opening information and password by email to the email address you filled in at the time of account opening.
6.Why do you have two accounts after opening the account?
After opening the account, you will have two accounts, one is the login account for logging in the trading software, and the other is the trading account for logging in the trading subdivision.
7.How to download the trading software?
Go to the download page of the official website
(https://www.liongrouphl.com/#/Download)to download the trading software.
8.Why doesn't the data of my Android trading software match up?
Due to network delay, local data calculation and data cache problems in Android system, data update may be delayed sometimes. In case of data error, you can exit the APP completely and restart again to see whether it will return to normal. If not, please contact the customer manager.
Hong Kong dollars or US dollars.
2.How do I deposit or withdraw money?
From your overseas account with the same name to the account of Lion Brokers Limited, please consult the customer manager for details.
3.Time node for deposit and withdrawal?
The deposit will be available within one working day after the date of receipt of Lion Brokers Limited. Withdrawals will be made no later than four working days after the final execution date.
4.Fees for deposits and withdrawals? The exchange rate?
Lion Brokers Limited does not charge any fees except bank charges. Please consult the customer manager for details.
1.Time limit for stock trading?
The trading time on the trading day is 9:30-11:30, 13:00-14:55;The trading day follows the calendar rules of The Shanghai/Shenzhen-Hong Kong Stock Connect, which can be inquired in the trading software.
2.Is there a limit to the range of tradable shares?
Within the range of tradable shares of Shanghai/Shenzhen-Hong Kong Stock Connect, the specific list of stocks issued by Lion Brokers Limited shall prevail.
3.What are the transaction costs?
All fees except commission are exchange fees, details are as follows:
Handling fee 0.004870%, securities management fee 0.002000%, transaction stamp duty 0.100000%, transfer fee 0.002000%, payment fee 0.002000%
4.What about ex-dividend?
The customer enjoys the proceeds of ex dividend and ex right after deducting the relevant expenses.
5.How to sell the last order in a trade that is less than one hand?
Take the remaining 350 shares of a certain stock in the account as an example. Sell 300 shares first and then sell the remaining 50 shares that are less than a single share.
6.Single stock position control?
There are no restrictions under normal circumstances, the holding of a single stock cannot exceed 2 percent of its issuance, and the holding of a single stock cannot exceed the average daily trading volume of the past 30 trading days.
7.What are the Top-Up Call Level and Hard Trigger Level of trading accounts?
Confirm according to different leverage levels. Please check the financing application record for details.
8.How to calculate the Loan-Loanable Ratio?
Loan - Loanable Ratio = Loan Amount / (Market Value * (Maximum Funding Amount) / (Cash Balence + Maximum Funding Amount))
9.Account position, market value, profit and loss related issues?
Since the share price shown in the trading software is the amount of RMB and the account position and loan are the amount of HKD, the relevant calculation needs to be converted through exchange rate to ensure the consistency of the data. In addition, Lion Brokers Limited will conduct internal settlement in accordance with the market exchange rate after the close, which may cause minor changes in the profit and loss, position value and other data on the day after the close.