Account Opening

Account Opening

Types of Securities Trading Account

We provide the following four different types of accounts for selection:
1. Cash Account
2. Custodian Account
3. Electronic Stock Trading Account
*Existing client who wants to trade through Internet has to open an Electronic Stock Trading account
4. Margin Trading Account

Procedures to open a Securities Trading Account

1. Download the "Authorization for Account Opening & Account Opening Information" through online application and return the signed agreement with all supporting documents* and a cheque* bearing signature(s) with your name(s) pre-printed on it to our Head Office.

Details and requirement for the cheque:

  • The cheque must be drawn on your Hong Kong Dollar Bank Account with a licensed bank in Hong Kong;
  • The cheque must be made payable to Luen Fat Securities Company Limited with an amount not less than HK$10,000.00';
  • The pre-printed name on the cheque must be the same as the name on the Account Opening Form (name same as ID or passport);
  • The signature on the cheque must be the same as the Account Opening form; and
  • The Securities Trading Account will only be activated after the relevant cheque is cleared.

2. Apply in person with all supporting documents* to one of Luen Fat's Offices for certification (signing and sighting) by a Luen Fat Register Person.
3. Download the "Authorization for Account Opening & Account Opening Information" and copies of all supporting documents for certification (signing and sighting) by a Justice of Peace, a professional person such as a Manager of a Bank, Certified Public Accountant, Lawyer or Notary Public. Send the certified Agreement, Account Opening Form and copies of all supporting documents* to our Head Office.

*Supporting documents

For Individual/Joint Account

  • Copies of HKID or Passport(s);
  • Proof of residential address (such as a recent utility bill, water rate bill or bank statement with your name and address printed on it);
  • Client who wants to deposit the sales proceeds into your designated bank account, a signed copy of your latest bank statement is required for verification.

For Corporate Account

  • a certified Extract of Board Resolution;
  • Copies of HKID or Passport(s);
  • a certified copy of the Memorandum and Articles of Association of our Company (up-dated as appropriate);
  • a certified Audited Accounts for the latest financial years; a certified copy of valid Business Registration Certificate;
  • a certified copy of Certificate of Incorporation; details of Directors Forms D1, D2 or D3, and latest Annual Return;
  • Certificate of Registration of Overseas Company issued by Registrar of Companies, Hong Kong Special Administrative Region ("HKSAR") (applicable to overseas company) together with Business Registration Certificate issued by HKSAR, Registered Agent's Certificate and Certificate of Good Standing from the Registrar of Companies of the country of incorporation and the certified relevant pages of the statutory book evidencing appointment of the directors.


Note: For Electronic Stock Trading Account

1. Once your application is reviewed and approved, a login user name will be assigned to you. You will receive a separate mail containing your Login Password for accessing to Luen Fat's Electronic Stock Trading Web-site.

2. It will normally take three business days to process an account opening application and you may not be able to trade immediately unless sufficient funds or stocks are deposited into your Electronic Stock Trading Account.