Score

1.52 /10
Danger

HASSAN SHARES

Bangladesh

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.04

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

HASSAN SHARES · Company summary

HASSAN SHARES Information

HASSAN SHARES is a financial company based in Bangladesh since 2004. It offers a series of financial services to both individual and corporate clients, such as depository services, trading services in shares, application for IPO, margin loan services, tailored investment strategies, portfolio management, advisory services, etc.

However, it's noteworthy that the companycurrently operates without regulation from any authorities.

HASSAN SHARES' homepage

Pros and Cons

Pros Cons
Wide range of financial servicesLack of regulation
Not suitable for beginners

Is HASSAN SHARES Legit?

No license

The broker operates without any valid supervision from any regulatory authorities. It raises a question about its legitimacy and credibility because regulated brokers usually adhere to strict industry standards to protect customer funds.

What Can I Trade on HASSAN SHARES?

As a full-service Depository Participant (DP) of CDBL (Central Depository of Bangladesh Limited), HASSAN SHARES provides depository services such as Beneficial Owner (BO) account opening, dematerialization, re-materialization, share pledging, and safe custody of securities. Clients can also benefit from BO International Securities Identification Number (ISIN) balances and efficient transfer of ownership.

The trading service of HASSAN SHARES facilitates share buy/sell, IPO applications, and portfolio statements, alongside margin loan facilities at competitive rates. Trading is accessible via Internet Trading System (ITS), Android mobile apps, or telephone, while electronic fund transfers through BEFTN ensure smooth financial management.

In addtion, HASSL offers personalized financial and portfolio management services, supported by dedicated and skilled sales representatives.

Services

Accounts

Hassan Shares offers account types for both individual and corporate clients.

For individuals and joint account holders, opening a Beneficial Owner (BO) account requires filling out the CIF and BO account opening form, along with providing passport-sized photographs, national ID, and bank account details. Nominees and authorized persons must also submit attested documents, and margin accounts require a signed margin agreement.

For limited liability companies, a BO account can be opened by submitting company documents including trade licenses, e-TIN certificates, and board resolutions etc. Additionally, authorized signatories must provide passport-sized photos and identification.

For more details, consult with the company directly.

Customer Support Options

If you want any help or support from HASSAN SHARES, you can reach them through phone, email, or visit them in person in their Dhaka office.

Besides of above, the company also maintains social media platforms such as Facebook, Twitter and YouTube for communications with clients via interactive community..

Contact Options Details
Phone+880 132 444 99 79; +880 2333 366 530
Emailinfo@hassanshares.com
Support Ticket System
Online Chat
Social MediaFacebook, YouTube, Twitter,
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressEHL Kamalapur (Level 4), 64-68, North, Dhaka 1217
Contact info

The Bottom Line

As a financial company based in Bangladesh, HASSAN SHARES offers a wide range of advanced services such as margin loan facilities, IPO, electronic trading systems, etc. These products are complex and require deep understanding and broad vision of finandial markets, thus is best suited for experience traders instead of beginners.

Furthermore, traders should also be cautious about the lack of regulation of the company.

FAQs

Is HASSAN SHARES safe?

Though HASSAN MERS is a full-service Depository Participant (DP) of CDBL, it's not regulated by any financial authorities so far.

Is HASSAN SHARES good for beginners?

No, the company's services require deep understandings of financial markets which is not suitable for beginners.

What trading platform does HASSAN SHARES have?

With HASSAN SHARES, trading is accessible via Internet Trading System (ITS), Android mobile apps, or telephone.

Risk Warning

Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.

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