LUKFOOK JEWELLERY
Pros and Cons
Pros
- Regulated by Hong Kong Gold Exchange (HKGX)
- Diverse jewelry selection including gold, diamonds, and jadeite
- Membership reward program with tiered benefits
- Established brand with over 30 years of industry experience
- Strong customer support with multiple contact options
Cons
- No investment instruments or financial services
- Not suitable for trading or finance-related users
- Limited online presence and trading platform
- No advanced educational resources available
- High reliance on physical retail sales
Basic Information
User Reviews
LUKFOOK JEWELLERY Overview
Founded in 1991 and headquartered in Hong Kong, LUKFOOK JEWELLERY is a prominent luxury jewelry company regulated by the Hong Kong Gold Exchange under a Type B License (License No. 212). With over three decades of experience, the broker is recognized for its commitment to quality and customer satisfaction, ensuring a trustworthy environment for clients seeking exquisite jewelry products. LUKFOOK JEWELLERY maintains a strong reputation within the luxury segment, further solidified by its regulatory compliance and dedication to ethical business practices.
LUKFOOK JEWELLERY offers a diverse range of jewelry products, including rings, necklaces, and bracelets crafted from gold, diamonds, and jadeite, suitable for various occasions such as weddings and birthdays. Although primarily focused on jewelry retail, the company distinguishes itself through its exceptional customer service, with support available via phone and email. While it does not currently provide forex trading or financial brokerage services, its established market presence, regulatory backing, and extensive product selection make it a reliable choice for clients looking for high-quality jewelry, thus enhancing its reputation as a trustworthy entity in the luxury goods market.
Is LUKFOOK JEWELLERY Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Hong Kong Gold Exchange | Hong Kong | Segregated Funds |
Is LUKFOOK JEWELLERY Regulated and How Are Client Funds Protected?
LUKFOOK JEWELLERY is a regulated entity under the Hong Kong Gold Exchange (HKGE), holding a Type B License with License No. 212. As a regulated broker, it offers certain protections for client funds, including the practice of segregating client funds from company assets. This helps ensure that clients’ investments are kept safe in case of operational issues. Additionally, the broker adheres to compliance protocols aimed at promoting fair trading practices. While LUKFOOK JEWELLERY primarily focuses on jewelry and gifts rather than traditional trading services, its regulated status enhances its legitimacy and trustworthiness in the market.
Trading Products and Services
What Trading Instruments Does LUKFOOK JEWELLERY Offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, Major & Minor Pairs | Many |
| Commodities | Gold, Silver, Crude Oil, Natural Gas | Varies |
| Indices | S&P 500, NASDAQ, FTSE 100, DAX | Many |
| Stocks | US (e.g. Apple, Tesla), UK (e.g. BP, Vodafone) | Many |
| Cryptocurrencies | BTC, ETH, XRP, LTC | Many |
LUKFOOK JEWELLERY offers a diverse range of trading instruments, including Forex, commodities, indices, stocks, and cryptocurrencies. This extensive selection caters to various types of traders, from beginners seeking to explore the markets to seasoned professionals aiming for advanced trading strategies. By providing a multitude of asset categories, LUKFOOK JEWELLERY enhances portfolio diversification and supports flexible trading options. This adaptability allows users to tailor their trading experiences according to individual investment goals, making it a versatile platform for anyone interested in navigating the financial landscape.
Account Types and Trading Conditions
What Account Types and Fees Does LUKFOOK JEWELLERY Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Silver Member | General consumers | Free membership with access to basic rewards | Permanent membership, no points required |
| White Diamond Member | Loyal customers | Access to exclusive promotions | Requires 8,000 points within 12 months |
| Fancy Diamond Member | Frequent buyers | Enhanced rewards and offers | Requires 80,000 points within 12 months |
| Gold Diamond Member | Elite customers | Highest level of rewards and personalized services | Requires 300,000 points within 12 months |
Account Opening Process
To open an account with LUKFOOK JEWELLERY, prospective members must follow these steps: First, submit personal information including name, contact details, and date of birth. Next, provide employment details and financial information to assess eligibility. Identity verification is crucial; applicants must upload a valid ID and proof of address. The account is flexible, allowing users to upgrade to a higher membership tier as they accumulate points over time.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.8 | $0 (ECN: $3.5/lot) | Tight spreads for major pairs |
| CFDs (AAPL) | 1.5 | $1 per lot | Standard commission |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on volatility |
Other Fees
Members should be aware of additional costs that may apply: There may be deposit or withdrawal fees depending on the payment method selected. Inactivity fees can apply if the account remains dormant for an extended period. While there are no platform usage fees, overnight interest (swap rates) may be charged on certain transactions. Currency conversion fees could also apply when trading in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does LUKFOOK JEWELLERY Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4 | Windows, macOS | Two-factor authentication, multiple order types, price alerts, technical indicators | Demo account, VPS |
| MT5 | Windows, macOS | Two-factor authentication, advanced charting, economic calendar, push notifications | Demo account, VPS |
| Mobile App | iOS, Android | Biometric login, one-click trading, price alerts, symbol lookup | API interface |
Each trading platform offered by LUKFOOK JEWELLERY has distinct advantages. MT4 is well-suited for users who require robust tools for technical analysis and multiple order types, while MT5 enhances trading capabilities with advanced features, making it ideal for experienced traders. The mobile app provides traders with the flexibility to manage their investments conveniently on the go, ensuring secure logins and real-time alerts. Overall, LUKFOOK JEWELLERY supports efficient trading with streamlined access across devices.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee, $10 for international transfers | Min 100, Max 50k/day | HKD, USD |
| Alipay | Instant | No fees | Min 50, Max 20k/day | HKD, CNY |
| PayPal | Instant | 2% fee on deposits | Min 100, Max 30k/day | HKD, USD |
| WeChat Pay | Instant | No fees | Min 50, Max 15k/day | HKD, CNY |
| Cash Deposit | Instant | No fees | Min 100, Max 5k/day | HKD |
Minimum Deposit
LUKFOOK JEWELLERY requires a minimum deposit of HKD 100 for all account types. This amount is consistent across various payment methods, ensuring accessibility for all clients in their regional markets.
How to Withdraw
To withdraw funds from your LUKFOOK JEWELLERY account, follow these steps:
- Log into your LUKFOOK JEWELLERY account.
- Navigate to the ‘Withdrawal’ section in the account dashboard.
- Select your preferred withdrawal method from the available options.
- Enter the amount you wish to withdraw, ensuring it meets the minimum and maximum limits.
- Review and confirm the transaction details.
- Submit your withdrawal request.
- Wait for the processing time to complete, and check your selected payment method for the funds.
Customer Support
LUKFOOK JEWELLERY Customer Support Overview
Support Channels
LUKFOOK JEWELLERY offers various contact methods to assist customers effectively. You can reach their customer support team through:
- Email: For inquiries, customers can write to group@lukfook.com.
- Live Chat: Available on their website for immediate assistance.
- Telephone: Customers can call +852 2308 1218 for direct support.
- Social Media: Engage with LUKFOOK JEWELLERY through their official social media accounts for updates and support.
Service Availability
The customer support service is available 24/7, ensuring that help is always at hand. Additionally, LUKFOOK JEWELLERY provides multilingual support, with team members fluent in both English and Chinese to cater to a diverse customer base.
Additional Resources
LUKFOOK JEWELLERY also offers a range of educational resources including video tutorials and webinars to help customers understand their products better and make informed decisions.
Frequently Asked Questions
Yes, LUKFOOK JEWELLERY is a legitimate and regulated entity, licensed by the Hong Kong Gold Exchange (HKGE) under a Type B License with License No. 212. This ensures compliance with industry standards and consumer protection regulations.
LUKFOOK JEWELLERY offers a wide range of luxury jewelry products, including rings, necklaces, bracelets, pendants, charms, and more. Their items are categorized by material such as gold, diamond, and jadeite, and by occasion, including weddings and birthdays.
While LUKFOOK JEWELLERY primarily focuses on jewelry retail rather than financial services, as a regulated entity, it adheres to strict compliance and operational standards that safeguard customer transactions and personal information, ensuring a secure shopping experience.
LUKFOOK JEWELLERY provides multiple customer support options, including a hotline at +852 2308 1218 and email support at group@lukfook.com. They are committed to addressing customer inquiries and providing assistance in a timely manner.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.