About ASTRUM
Company Overview
Astrum Capital Management Limited (commonly known as Astrum Capital) is a Hong Kong-based financial services firm established on 19 September 2017. The company is regulated by the Securities and Futures Commission (SFC) of Hong Kong, holding licenses for Type 1 (dealing in securities), Type 2 (dealing in futures contracts), and Type 6 (advising on corporate finance) regulated activities. The firm is also a participant of the Stock Exchange of Hong Kong and Hong Kong Futures Exchange.
The registered office is located at Room 2704, 27/F, Tower 1, Admiralty Centre, 18 Harcourt Road, Admiralty, Hong Kong. Astrum Capital offers services primarily to institutional and individual clients seeking to trade securities and futures contracts on Hong Kong and international exchanges.
Regulation and Licensing
Astrum Capital is regulated by the SFC under the Securities and Futures Ordinance. The SFC is a well-established regulatory body that oversees financial markets in Hong Kong. The firm's licenses cover dealing in securities and futures contracts, as well as advising on corporate finance. This regulatory framework requires compliance with capital adequacy, client asset segregation, and ongoing reporting obligations.
Traders should verify the license status on the SFC's public register, which confirms the firm's authorization for specific regulated activities. The SFC license number is not explicitly provided on the website, but the company's SFC status is listed as 'Regulated' in aggregated industry databases.
Products and Services
Astrum Capital primarily offers brokerage services for securities and futures trading. The firm provides access to Hong Kong equities and futures markets, as well as international markets through its exchange participantships. Services include cash and margin securities accounts, futures trading with margin facilities, and corporate finance advisory.
The broker does not appear to offer retail leveraged forex or CFD products. Its product suite is focused on traditional exchange-traded instruments, making it distinct from typical retail forex/CFD brokers. Clients can trade stocks, futures contracts, and potentially other exchange-listed derivatives.
Account Opening and Documentation
Potential clients can open accounts through several methods: contacting the firm directly, visiting the office in person, or downloading account opening forms from the website. Required documents include a copy of the Hong Kong ID card or passport, and proof of residential address within the past three months. For corporate accounts (Hong Kong incorporated companies), a board resolution and other corporate documents are needed.
The downloadable forms include agreements for cash and margin securities accounts, futures account agreements, and various other documentation such as W-8BEN and W-9 forms for U.S. tax purposes. The firm also offers e-statement subscriptions and change of information forms.
Funding and Margins
Astrum Capital provides deposit methods documentation, though specific payment options are not detailed on the public pages. The firm publishes a futures trading margin table, updated regularly, which lists margin requirements for various exchange-traded futures contracts. Margin tables for Hong Kong Exchange (HKEX) are also provided via web link.
The broker notes that if discrepancies exist between its margin table and the exchange margin table, the exchange table shall prevail. This suggests margin requirements are aligned with exchange standards.
Target Clientele
Astrum Capital appears to cater to both individual and corporate clients, primarily those interested in Hong Kong securities and futures markets. The account opening process and documentation indicate a focus on Hong Kong residents and Hong Kong-incorporated companies. However, the availability of W-8BEN forms suggests non-U.S. foreign clients may also be accommodated.
The firm's services are likely suited for active traders and investors who require direct access to Hong Kong stock and futures exchanges, rather than retail forex or CFD traders.
Overview compiled by FXCanary from regulatory records and public data. full ASTRUM review