CLSA Premium Was Established In 2019 And Is Headquartered In Hong Kong To Provide Comprehensive Financial Services, Including Stock Trading, Investment Banking, Asset Management, Research Reports, Etc. CLSA Premium Has A Wide Influence And Customer Base In The Asian Market. It Is Committed To Providing Professional Investment Advice And Services To Institutional Investors And Individual Investors.
Market Tools
Available Tradable Financial Instruments The CLSA Premium Platform Includes Foreign Exchange Trading, Precious Metals Trading, Commodity Trading, Stock CFD Trading, And Credit CFD.
Account Types
Three Types Of Trading Accounts Are Available: Standard Account, Premium Account, And Professional Account.
Suitable For Most Regular Traders, The Standard Account Offers A Commission-free Trading Environment And Charges Only Spreads.
The Premium Account Is Designed For Cost-conscious Traders Who Prefer Commission-based Trading With Relatively Small Spreads.
The Professional Account Is Ideal For Both Professional Traders And Experienced Traders Who Rely On Flexible Trading Conditions. The Professional Account Trader Has Less Consumer Protection As It Needs To Be Classified As A Wholesale Client.
However, The Minimum Deposit Requirements For Each Account Are Not Disclosed.
Leverage
The Maximum Leverage For Foreign Exchange Products Set By The Hong Kong Subsidiary Is 1:20. The Foreign Exchange Leverage Of The Australian Subsidiary Varies From 1:20 To 1:200, Precious Metals Up To 1:100, Commodities Up To 1:20, And Index Products From 1:10 To 1:50. The Foreign Exchange Leverage Of The New Zealand Subsidiary Increases From 1:20 To 1:200, Gold Dollar Leverage Up To 1:200, Silver Dollar Up To 1:100, Commodities Up To 1:100, And Indices From 1:20 To 1:50. The Hong Kong Subsidiary Opens Individual And Institutional Accounts For Investors. The Australian Subsidiary Opens Multi-currency Accounts (standard Accounts) For Users. Traders Can Choose From US Dollars, Australian Dollars, And New Zealand Dollars. Or Japanese Yen As The Base Currency. The Corresponding Account Types Are US Dollar Account, New Zealand Dollar Account, Australian Dollar Account And Japanese Yen Account.
Spreads And Commissions
CLSA Premium Lists Detailed Spread Information On Its Website, Including Minimum Spreads And Average Spreads. The EUR/USD Spread Is Approximately 0.9 Pips, The GBP/USD Spread Is 1.2 Pips, The Gold USD Average Spread Is Approximately 2.9 Pips, And The Gold USD Average Spread Is Approximately 10.70 Pips.
Spreads And Commissions Are Also Determined By The Trading Account. Standard Accounts Offer Spreads Starting From 0.6 Pips Without Additional Commissions. Premium Accounts Offer Highly Competitive Spreads Starting From 0.0 Pips, With Commissions Starting From AU $3.00 Per Side For Standard Contracts. Pro Accounts Also Offer Narrow Spreads Starting From 0.0 Pips, As Well As Commissions Starting From AU $7 For Equity CFDs (US Equity CFDs Starting From $10).
Overnight Interest
When A Trader Holds One Or More Positions Overnight In A Margin Forex Contract Or CFD (except For Exceptional Contracts), They Are Rolled Over To The Next Trading Day, Which Will Result In You Paying A Swap Fee Or Receiving A Swap Benefit. The Amount Is Determined By Us And Depends On Factors Including The Swap Rate, Which Is The Interest Rate That Traders Charge Or Pay On Overnight Unpositioned Squaring Positions.
Trading Platform
CLSA Premium Uses The Mt5 Trading Platform And Has A Variety Of Professional Technical Analysis Indicators, Which Are Easy And Fast To Execute. Through The Mt5 Trading Platform, Investors Can Check The Global Real-time Quotes, Charts, And Expert Comments Anytime And Anywhere. Investors Keep Up With The Global Financial Marekt And Stay One Step Ahead In The Ever-changing Market Competition. Users Can Log In To The Trading Platform Anytime, Anywhere 24/7 To View Account And Trading Related Information. The Platform Supports Desktop, Mobile Ios And Mobile Android Versions.
Deposit And Withdrawal
There Is No Minimum Deposit Requirement For Opening An Account CLSA Premium. The Broker Allows Its Clients To Make Deposits And Withdrawals Via Bank Transfer, Telegraphic Transfer. The Deposit Usually Arrives In The Trader's Trading Account Within One Business Day. Bank Transfer/telegraphic Transfer, Transit Bank Or Remittance Bank May Charge Additional Transfer Fees. The Specific Amount Needs To Be Checked With The Bank. The Company Does Not Charge Any Fees.
Educational Resources
Provide An Educational Resource Center To Help Beginner Traders Quickly Familiarize Themselves With Foreign Exchange Trading, Including Trading Strategy Sharing, Weekly Market Highlights.
CUSTOMER SUPPORT
CUSTOMERS WITH ANY QUESTIONS OR TRADING RELATED ISSUES CAN CONTACT CLSA Premium Via The Following Contact Channels:
Tel: + 61 2 8880 5588
Email: Services.au@clsapremium.com
Or You Can Also Follow The Broker On Some Social Media Platforms Such As Facebook, LinkedIn, Twitter And Instagram.
Trading Hours
24-hour Non-stop Service From 01:01 System Time On Monday (GMT + 3) To 23:50 System Time On Friday (GMT + 3). Daylight Saving Time Applies.
Advantages And Disadvantages
Advantages: Wide Product Portfolio, No Minimum Deposit Requirement, Three Types Of Trading Accounts Available, Support For MT4 & MT5, 7/24 Customer Support
Disadvantages: Limited Payment Options, Only Three Supported Languages
