Score

1.54 /10
Danger

OCBC Securities

Singapore

5-10 years

Suspicious Regulatory License

High potential risk

B

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Score

Regulatory Index0.00

Business Index7.21

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
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Broker Information

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Company Name

OCBC Securities

Company Abbreviation

OCBC Securities

Platform registered country and region

Singapore

Company website

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Company summary

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Warning: Low score, please stay away!
Previous Detection : 2024-12-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

OCBC Securities · Company summary
OCBC SecuritiesReview Summary
Founded1999-12-03
Registered Country/RegionSingapore
RegulationUnregulated
Products and SolutionsSecurities/Bonds/Leveraged Futures/Leveraged Forex/Precious Metals/Share Financing/Share Borrowing
LeverageUp to 1:50(Leveraged Forex Account)
Trading PlatformiOCBC Trading Platform/iOCBCfx Trading Platform/iOCBCfx Pro Trading Platform/Futures Trading Platform
Customer SupportPhone: 1800 338 8688(Local)+65 6338 8688(0verseas)
Email: cs@ocbcsec.com
Social Media: Facebook, Twitter, YouTube, LinkedIn

OCBC Securities Information

OCBC Securities is a brokerage firm in Singapore with more than 35 years of experience in securities, derivatives, leveraged foreign exchange, and futures trading. Commissions vary from country to country, starting from a few dollars. The company provides 5 major accounts and various products and solutions access to 5 markets including Securities, Bonds, Leveraged Futures, Leveraged Forex, and Precious Metals.

OCBC Securities Information

Is OCBC Securities Legit?

OCBC Securities is not regulated, making it less safe than regulated brokers.

Is OCBC Securities Legit?
Is OCBC Securities Legit?

What products and solutions does OCBC Securities provide?

OCBC Securities provides 5 major products, such as Securities, Bonds, Leveraged Futures, Leveraged Forex, and Precious Metals. In addition, 2 main solutions include Share Financing and Share Borrowing.

What products and solutions does OCBC Securities provide?

Account Type

OCBC Securities provides a Basic Trading Account, a Leveraged Futures Account, a Leveraged Forex Account, a Share Financing Account, and a Share Borrowing Account.

Basic Trading Account: A cash trading account allows users to trade only with the funds available in the account without annual fees.

Leveraged Futures Account: Access a comprehensive range of futures including Stock Indices, Currencies, Commodities, Energy, Metals, and Interest Rates.

Leveraged Forex Account: Leverage up to 50 times and trade over 40 currency pairs including spot gold and spot silver.

Share Financing Account: Share financing lets the trade up to 3.5 times the user's original value with cash pledged as collateral and up to 2.5 times with shares pledged as collateral.

hare Borrowing Account: Engage in trading strategies such as shorting and hedging.

Account Type Suitable for
Basic Trading AccountSecurities
Leveraged Futures AccountFutures
Leveraged Forex AccountForex
Share Financing AccountLeveraged Trading
Share Borrowing AccountLeveraged Trading
Account Type

Trading Platform

4 major platforms are available including iOCBC Trading Platform, iOCBCfx Trading Platform, iOCBCfx Pro Trading Platform, and Futures Trading Platform.

iOCBC Trading Platform: Trade Securities, Exchange Traded Funds (ETFs), and Bonds.

iOCBCfx Trading Platform for Forex: Offer foreign exchange market with over 40 currency pairs including spot gold and spot silver.

iOCBCfx Pro Trading Platform for Forex: Access to over 40 FX Pairs as well as Spot Gold and Silver with 5x leverage.

Futures Trading Platform for futures: Provide Interest rates, Stock indices, Currencies, Metals, Energies and Commodities

Trading PlatformSupported Available Devices Trading Products
iOCBC Trading PlatformMobileSecurities, Exchange Traded Funds (ETFs), and Bonds
iOCBCfx Trading PlatformDesktop,Tablet, and MobileForex and Precious Metals
iOCBCfx Pro Trading PlatformMobile, Microsoft, and MacLeveraged Forex and Precious Metals
Futures Trading PlatformDesktop and MobileFutures
Trading Platform

Customer Support Options

Traders can get in touch with OCBC Securities by phone and email.

Contact Options Details
Phone 1800 338 8688(Local)+65 6338 8688(Overseas)
Email cs@ocbcsec.com
Social MediaFacebook, Twitter, YouTube, LinkedIn
Supported Language English
Website Language English
Physical Address 18 Church Street #01-00 OCBC Centre South Singapore 049479
Customer Support Options

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User Reviews

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User comment

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MKI
more than one year
This broker lacks professionalism. My account went into margin call status, so naturally, I topped it up with more funds to cover my trades. However, I waited for 10 to nearly 30 minutes, counting to see if the money reflected in my MT4 account. Eventually, I got stopped out.
This broker lacks professionalism. My account went into margin call status, so naturally, I topped it up with more funds to cover my trades. However, I waited for 10 to nearly 30 minutes, counting to see if the money reflected in my MT4 account. Eventually, I got stopped out.
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2024-02-23 11:16
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村头大明白
more than one year
I was initially attracted by the sleek interface and investment options offered by OCBC Securities, but upon further research, I discovered that they do not hold any regulatory licenses. This raised some red flags for me and made me hesitant to entrust them with my hard-earned money. As a result, I ultimately decided to take my business elsewhere. While OCBC Securities may appear attractive at first glance, I would advise others to exercise caution before investing with them.
I was initially attracted by the sleek interface and investment options offered by OCBC Securities, but upon further research, I discovered that they do not hold any regulatory licenses. This raised some red flags for me and made me hesitant to entrust them with my hard-earned money. As a result, I ultimately decided to take my business elsewhere. While OCBC Securities may appear attractive at first glance, I would advise others to exercise caution before investing with them.
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2023-03-24 17:53
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