Planetree Capital Information
Planetree Capital is a Hong Kong-based financial services provider founded in 1999, offering a range of trading solutions under the oversight of the Securities and Futures Commission (SFC). The firm operates with a Dealing in Futures Contracts License and holds additional securities dealing licenses, although the latter is noted as “exceeded.”
Planetree Capital specializes in trading Hong Kong stocks, both in cash and margin accounts, as well as listed futures and options on the Hong Kong Stock Exchange (HKEx). They also provide advanced algorithmic trading execution for the HK market, including VWAP and TWAP strategies. The firm offers a web-based trading platform and mobile applications for iOS and Android.
Pros & Cons
Pros:
Regulated by SFC: Planetree Capital operates under the regulation of the Securities and Futures Commission (SFC) in Hong Kong, which ensures compliance with established financial standards and provides a level of security for investors.
Diverse Trading Services: The firm offers a wide range of trading services, including cash and margin trading for Hong Kong stocks, as well as futures and options on the Hong Kong Stock Exchange (HKEx).
Established Presence: Founded in 1999, the long-standing presence in the financial industry suggests stability and experience in the market.
Cons:
Securities License “Exceeded”: The mention that the securities dealing license is “exceeded” indicates that it is no longer active or that it has specific conditions.
Unavailability of Demo Accounts: The absence of demo accounts might limit prospective clients' ability to test the platform and trading conditions before committing real funds.
Limited Account Types: Currently, only cash and margin accounts are listed as “coming soon,” which can limit options for clients seeking different types of trading accounts or investment strategies.
Is Planetree Capital Legit？
- Regulatory sight: Currently, Planetree Capital is overseen by the Securities and Futures Commission (SFC), operating under a Dealing in futures contracts License with license number AFB863. This signifies that the broker is working within the legal parameters set by the corresponding regulatory bodies.
The firm also holds a license for dealing in securities under the SFC. However, it currently is exceeded.
Services
HK Stocks Cash & Margin Trading
Planetree Securities, as participants of the SEHK, offer comprehensive trading services for equities and stock options. They are direct clearing participants for SEOCH and HKSCC, allowing them to trade all listed stocks and options on the HKEx. Additionally, they provide margin trading facilities upon request and approval.
HKEx Listed Futures and Options
Planetree Futures is a leading participant in weekly HSI and HSCEI options. As Futures Commission Merchants on the HKFE and participants of the HKCC, they facilitate trading in various listed futures and options, including HSI Futures, HSI mini futures and options contracts, HSCEI futures, and HSCEI mini futures and options contracts.
Algorithmic Trading Execution
Planetree offers a range of high-performance algorithms for the HK market, such as VWAP, TWAP, and In Line with Volumes. Their Smart Opening and Close algorithms aim to complete orders during the opening auction and manage any outstanding balance in open market trade. The closing strategy starts earlier to avoid impact in the closing auction. Future offerings will include implementation shortfall and sniper algorithms.
Accounts
Cash Account (Coming Soon)
Cash accounts allow clients to buy and sell stocks and warrants through electronic trading services. These accounts can be opened by both individuals and corporations, following a thorough series of checks and balances.
Margin Account (Coming Soon)
Margin accounts enable leveraged trading in stocks and warrants, thereby maximizing the purchasing power of the client's capital. Similar to cash accounts, margin accounts can be opened by individuals and corporations after a comprehensive series of checks.
Trading Platform
Planetree Capital offers a web-based trading platform accessible through any device's web browser. For those who prefer the convenience of a mobile app, Planetree Capital offers downloadable applications for both iOS and Android devices. Additionally, they provide a non-Google Play Store download link.
Customer Service
Planetree Capital's support team can be reached through:
- Tel: 852 2579 8988
- Email: hi@planetreemarkets.com
- New account enquiries: signup@planetreemarkets.com, Customer services: support@planetreemarkets.com, Career enquiries: jobs@planetreemarkets.com
- Address: 23/F, China United Centre, 28 Marble Road, North Point, Hong Kong
- Contact form
Conclusion
In conclusion, Planetree Capital presents a robust option for traders seeking comprehensive financial services in the Hong Kong market. With its regulation under the Securities and Futures Commission (SFC) and a range of offerings including cash and margin trading, futures, and options on the HKEx, the firm demonstrates a solid commitment to regulatory compliance and market expertise. The availability of advanced algorithmic trading options and multiple trading platforms, including mobile apps, enhances its appeal to both individual and corporate clients.
However, clients should be aware of the “exceeded” status of the securities dealing license and the current unavailability of demo accounts, which could impact their decision.
Q&A
Is Planetree Capital regulated？
Yes. It is regulated by SFC.
Does Planetree Capital offer demo accounts？
No.
What services does Planetree Capital offer？
It offers HK Stocks Cash & Margin Trading, HKEx Listed Futures and Options, and Algorithmic Trading Execution.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
