SFC — Hong Kong
CORE PACIFIC-YAMAICHI FUTURES (H.K.) LIMITED
Regulated · No. ABY048
CPY Review — Overview
Regulation
Tier-1 regulated
Licence
SFC · No. ABY048
Licence status
Regulated
Platforms
SP Trader Futures, TSCI (PC Download), 京華通 CPYGo Mobile App
Instruments
Global equities, futures, bonds, IPOs
Operating
Est. 1969
Main market
HK
Entity
CORE PACIFIC-YAMAICHI FUTURES (H.K.) LIMITED
Website
Unknown
CPY is a forex & CFD broker based in Hong Kong, established in 1969. On Trust Broker Hub it holds a Trust Score of 5.2 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Crucially, CPY is regulated by SFC, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
CPY provides access to Global equities, futures, bonds, IPOs. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, CPY has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
CPY currently scores 5.2/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Global equities, futures, bonds, IPOs |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Not disclosed |
| Platforms | SP Trader Futures, TSCI (PC Download), 京華通 CPYGo Mobile App |
| Demo account | ❌ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on CPY
Our analysis · editorial
5.2/10
A mixed risk profile
CPY holds a tier-1 regulatory licence (SFC). Based in Hong Kong, it has been operating for about 57 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 5.2/10 — a mixed profile.
Strengths
- Authorised by a tier-1 regulator (SFC)
- Long 57-year operating track record
- No complaints on record with us
- Supports SP Trader Futures & TSCI (PC Download) trading
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
CPY — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag CPY here if that changes.
Full specifications
Regulated region
Hong Kong
Operating period
15-20 years
Main market
HK
Licensed entity
CORE PACIFIC-YAMAICHI FUTURES (H.K.) LIMITED
License status
Regulated
Instruments
Global equities, futures, bonds, IPOs
Year founded
1969
Frequently asked
Is CPY a safe broker?
CPY scores 5.2 / 10 on our Trust Score, above the 3.3 industry average. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the CPY trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from CPY?
CPY doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.