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Written by: Ádám N. Updated: Dec 2022
Expert verified
Recommended for
  • beginners 4.1/5
Trusted broker
Regulated by top-tier financial authorities
Popularity
141 people chose this broker in the last 6 months
BrokerChooser Score
4.6/5

CITIC Securities review summary

CITIC Securities is a Chinese full-service investment bank, regulated by the Chinese Securities Regulatory Commission (CSRC). CITIC Securities has low fees for the Chinese market and there is no inactivity or withdrawal fee. The account opening is easy, fast and fully digital. The available research tools include high-quality trading ideas and detailed fundamental data. It is a good choice for beginner investors. On the other hand, CITIC Securities covers only the Chinese and Hong Kong markets. There is no demo account, and the trading platforms lack important features such as advanced order types and a two-step login. BrokerChooser gave CITIC Securities a 4.6/5 rating based on analyzing 500+ criteria and testing via opening a live account.

CITIC Securities is a regulated broker, it is overseen by a top-tier financial regulator in China . CITIC Securities is also covered by investor protection in selected jurisdictions. We at BrokerChooser always test brokers with real money, including the withdrawal process.

You can't open an account at CITIC Securities if you live in United States. See the best alternative available in your country.

CITIC Securities pros and cons

Pros Cons
Low fees on Chinese markets Limited product selection
Easy account opening No demo account
Excellent research tools Platforms lack important features

CITIC Securities main highlights

🗺️ Country of regulation China
💰 Trading fees class Low
💰 Inactivity fee charged No
💰 Withdrawal fee amount $0
💰 Minimum deposit $0
🕖 Time to open an account 1 day
💳 Deposit with bank card Available
👛 Depositing with electronic wallet Not available
💱 Number of base currencies supported 3
🎮 Demo account provided No
🛍️ Products offered Stock, ETF, Fund, Bond, Options, Futures
To read much more details about the broker's services and features, expand on the sections below.

CITIC Securities review
Fees

4.0
CITIC Securities has generally low trading and non-trading fees. Fees for Chinese stocks are one of the lowest on the market; however, fees for Hong Kong stocks are a bit higher.
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CITIC Securities review
Account opening

5.0
The account opening is easy and fully digital at CITIC Securities. There is also no minimum deposit required.
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CITIC Securities review
Deposit and withdrawal

3.8
CITIC Securities charges no deposit or withdrawal fees, and these transactions are instant, which is a great plus. However, you can hold your cash only in CNY, HKD or USD.
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CITIC Securities review
Web trading platform

3.2
The CITIC Securities web trading platform is simple and easy to use, with a great search function. However, the platform lacks two-step login, customizability, and the number of order types is limited.
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CITIC Securities review
Mobile trading platform

4.2
The CITIC Securities mobile trading platform is great, with a lot of functions, including price alerts and a useful chatbot. However, the range of order types is limited.
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CITIC Securities review
Desktop trading platform

3.0
CITIC Securities provides a desktop trading platform with many advanced features and customization options. That also means that it may be a bit too complex for beginners.
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CITIC Securities review
Markets and products

2.2
CITIC Securities gives access to many asset classes, including stocks, ETFs, funds and bonds. However, these asset classes cover only Chinese and Hong Kong markets. Also, forex and CFDs are not available.
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CITIC Securities review
Research

4.3
CITIC Securities offers great research, including detailed fundamental data and high-quality news. However, the technical tools are limited and the charting tools could be better.
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CITIC Securities review
Customer service

5.0
Customer service at CITIC Securities is exceptionally good across all channels, so you'll be in good hands when it comes to your broker-related questions.
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CITIC Securities review
Education

2.5
CITIC Securities has OK educational tools, including some videos and educational articles. However, there is no demo account available.
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CITIC Securities review
Safety

CITIC Securities is listed on multiple exchanges, including the Shanghai Stock Exchange. In addition, the company is regulated by the top-tier Chinese financial authority.
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CITIC Securities review
Bottom line

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CITIC Securities review
FAQ

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Author of this review

Ádám Nasli

Author of this review

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Ádám Nasli

Analyst Head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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