Score

7.19 /10
Good

Open Securities

Hong Kong

15-20 years

Regulated in Hong Kong

Dealing in futures contracts

Suspicious Scope of Business

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Comparison

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Exposure

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Score

Regulatory Index6.54

Business Index9.05

Risk Management Index9.91

Software Index5.89

License Index6.58

Time Machine
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Licenses

VPS Standard
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40G

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Open Securities · Company summary
Open Securities Review Summary
Founded1994
Registered Country/RegionHong Kong
RegulationSFC (Regulated)
Products & ServicesHong Kong Futures, Hong Kong Stocks, US Stocks, Open Asset Management
Demo AccountUnavailable
Trading PlatformsOpen securities trading app, Winner Trade
Customer SupportTrading line: (852) 3405-7355, Trading Fax line: (852) 3186-2244, Client Service line: (852) 3405-7388
Email: cs@opensecltd.com
Address: Room 3208 – 3209, The Gateway Tower 6, 9 Canton Road, Tsim Sha Tsui, Hong Kong

Open Securities Information

Open Securities is a regulated financial services provider, founded in 1994 and headquartered in Hong Kong. It offers trading in Hong Kong Futures, Hong Kong Stocks, and US Stocks, as well asOpen Asset Managementservices via the Open Securities trading app and Winner Tradeplatform.

Open Securities' homepage

Pros & Cons

ProsCons
Regulatory ComplianceNo Demo Account
Established HistoryLimited Educational Resources
Diverse Trading Services
Advanced Trading Platforms
Comprehensive Customer Support

Pros:

Regulatory Compliance: Open Securities is regulated by the Securities and Futures Commission (SFC).

Established History: Founded in 1994, Open Securities has a long-standing presence in the financial market.

Diverse Trading Services: The firm offers a range of investment options, including Hong Kong Futures, Hong Kong Stocks, US Stocks, and professional portfolio management through Open Asset Management.

Advanced Trading Platforms: The availability of the Open Securities trading app for iOS and Android and the Winner Trade platform provides clients with versatile and efficient tools for trading and market analysis.

Comprehensive Customer Support: Multiple support channels, including phone, fax, email, and in-person services, ensure that clients can easily access assistance when needed.

Cons:

No Demo Account: Open Securities does not offer a demo account, which could be a drawback for new investors looking to practice trading without risking real money.

Limited Educational Resources: The provided information does not mention specific educational resources, which could be beneficial for novice traders seeking to learn and improve their trading skills.

Is Open Securities Legit?

  • Regulatory sight: Currently, Open Securities is overseen by the Securities and Futures Commission (SFC), operating under a Dealing in futures contracts License with license number ACS694. This signifies that the broker is working within the legal parameters set by the corresponding regulatory bodies.
Regulated by SFC

Products & Services

Open Securities offers trading opportunities in Hong Kong Futures, allowing investors to speculate on the future price movements of various assets. For those interested in equity markets, Open Securities facilitates trading in Hong Kong Stocks and US Stocks. Additionally, Open Securities provides Open Asset Management services, which include professional portfolio management to help clients achieve their financial goals through tailored investment strategies.

Products & Services

How to Open an Account?

  • Step 1: Click the button ''Account Opening'' on the homepage.
Click the button ''Account Opening''
  • Step 2: Follow the on-screen instructions to input your phone number.
  • Step 3: Read and agree to the Terms and Conditions and any other policy as required.
  • Step 5: Click on the ''Login'' option to finalize the creation of your account.
Click on the ''Login''

Trading Platforms

The Open Securities trading app, available for both iOS and Android devices, offers a user-friendly interface and robust features that allow traders to manage their investments on the go. This app enables seamless access to market data, trading tools, and account management.

Open Securities trading app

Additionally, Open Securities offers Winner Trade, a sophisticated trading platform that provides comprehensive analysis tools, real-time market data, and efficient order execution.

Winner Trade

Customer Service

Open Securities's support team can be reached through:

  • Trading line: (852) 3405-7355
  • Trading Fax line: (852) 3186-2244
  • Client Service line: (852) 3405-7388
  • Email: cs@opensecltd.com
  • Address: Room 3208 – 3209, The Gateway Tower 6, 9 Canton Road, Tsim Sha Tsui, Hong Kong
  • Opening Hours: Monday – Friday: 8:30 am – 12:00 pm, 1:00 pm – 6:00 pm
Contact info

Conclusion

In conclusion, Open Securities emerges as a reputable choice in the financial services industry, backed by its robust regulatory compliance under the SFC in Hong Kong. Established since 1994, the firm offers a diverse array of trading opportunities with advanced trading platforms.

While the absence of a demo account and limited educational resources may pose challenges for some investors, Open Securities' commitment to regulatory standards, extensive market experience, and comprehensive customer support channels underscore its reliability and suitability for discerning investors seeking stability and diverse investment options.

Now, the ball's in your court when it comes to choosing whether to go with this broker or explore other options. Hopefully, this review has shed some light on your decision-making process.

Q&A

Is Open Securities regulated?

Yes. It is regulated by SFC.

Does Open Securities offer demo accounts?

No.

What products and services does Open Securities offer?

It provides trading opportunities in Hong Kong Futures, Hong Kong Stocks, and US Stocks. They also offer professional portfolio management through Open Asset Management.

What trading platforms does Open Securities provide?

It offers a trading app available for iOS and Android devices, as well as the Winner Trade platform.

Is Open Securities a good broker for beginners?

Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments.

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.

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