Score

5.43 /10
Average

Metaverse Securities

Hong Kong

2-5 years

Regulated in Hong Kong

Dealing in securities

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

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Score

Regulatory Index6.32

Business Index6.02

Risk Management Index0.00

Software Index5.69

License Index6.32

Time Machine
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Licenses

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WikiFX Risk Alerts 3
Previous Detection : 2024-09-20
  • This broker exceeds the business scope regulated by China Hong Kong SFC(license number: AAW177)SFC-Dealing in securities Non-Forex License. Please be aware of the risk!
  • The China Hong Kong SFC regulation (license number: BSM300) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Metaverse Securities · Company summary

Metaverse Securities Information

Metaverse Securities is a brokerage based in Hong Kong. This firm boasts of its wide selection of investment options with its easy-to-use proprietary platform. Besides brokerage service, multiple other services like offshore bonds, asset management, and corporate finance are also available here. However, the regulatory hurdle and monthly inactivity fees are the biggest drawbacks.

Metaverse Securities Information

Pros and Cons

Pros Cons
Broad spectrum of market instruments“Suspicious clone” and “Exceeded” regulatory status
Diverse financial servicesCharge monthly inactivity fees
User-friendly trading platform

Is Metaverse Securities Legit?

Regulatory Status ExceededSuspected Fake Clone
Regulated by SFCSFC
Licensed Institution Metaverse Securities LimitedMeta Futures Limited
Licensed TypeDealing in securitiesDealing in futures contracts
Licensed NumberAAW177BSM300
Exceeded
Suspected Fake Clone

Metaverse Securities currently has two regulatory certificates, but their regulatory status remains atypical.

The Hong Kong SFC regulation (license number: AAW177) claimed by this broker is exceeded.

The Hong Kong SFC regulation (license number: BSM300) claimed by this broker is suspicious clone.

What Can I Trade on Metaverse Securities?

Investing is kind of like a buffet--you can choose whatever you like. Just as a diverse diet reduces health threats, spreading money across different investments helps manage risk.

Metaverse Securities makes building a diversified portfolio easier with 30000+ tadable products. Your investment options include stocks, ETFs, REITs, futures, bonds, and mutual funds. If you're looking for forex or cryptocurrency trading, you won't find them here. But overall, you still have a good mix of investment choices.

Metaverse Securities also provides other services to satisfy the diverse needs of its clients. Its Corporate Finance division offers IPO underwriting and distribution services. For Asset Management services, Metaverse Securities gives the opportunity to invest in specialized funds like the Metaverse Fund and structured products. For local governments and state-owned enterprises, its offshore Bond business department also offer various investment and financing services.

Tradable Instruments Supported
Stocks
Futures
ETFs
REITs
Bonds
Mutual funds
Forex
Crypto
What Can I Trade on Metaverse Securities?

Metaverse Securities Fees

Investment fees can detract from your returns. Every brokerage is different when it comes to fees, though many of them have moved toward commission-free trade.

If you're considering investing with Metaverse Securities, you have to be aware of these commission fees:

  • Hong Kong stocks: online orders incur a fee of 0.059%, with a minimum charge of HK$39.90, and telephone orders are charged at 0.15% with a minimum of HK$100. Additionally, the monthly inactivity fee is HK$20.
  • U.S. Stocks: trading costs $0.039 per share, with a minimum charge of $3.99 per lot.
  • A-share: trading fees are 0.029%, with a minimum charge of 15 yuan.

Overall, Metaverse Securities is on the pricer end for online trading compared to some other brokerages.

Metaverse Securities Fees
Metaverse Securities Fees

Trading Platform

Metaverse Securities offers an intuitive trading platform and they're constantly tweaking it to improve its performance and accessibility. You can open an account online or through the mobile app. It only takes a few minutes. The app is available for download on IOS and Android devices.

This platform provides plenty of featuring tools, including access to real-time level 2 market data, investment charts and technical indicators, insight into capital flows, and 24/7 financial market dynamics.

Trading PlatformSupported Available Devices Suitable for
Mobile AppIOS and AndroidInvestors of all experience level
DesktopInvestors of all experience level
MT5
MT4
Trading Platform

Customer Support Options

For any question you might have, help is available Monday through Friday by phone at 400-688-3187. Calls are accepted from 8:00 am to 6:00 pm GMT+8. You can also contact them through WeChat and Sinablog.

Contact Options Details
Phone400-688-3187
EmailN/A
Support Ticket SystemN/A
Online ChatWeChat
Social MediaSINAblog
Supported LanguageN/A
Website LanguageChinese
Physical Address4806-07, 48/F, Central Plaza, 18 Harbour Road, Wan Chai, Hong Kong
Customer Support Options

The Bottom Line

Whether you're new to investing or a seasoned market player, you'll have a good mix of investment options on Metaverse Securities' user-friendly platform. The regulatory status is an obvious drawback. And monthly inactivity fees can dip into your returns. Overall, Metaverse Securities balances a broad spectrum of trading options and platforms with some drawbacks that you need to consider before committing.

FAQs

Is Metaverse Securities regulated?

Yes, Metaverse Securities is regulated by the SFC under license numbers AAW177 and BSM300. However, their current regulatory status is atypical.

Is Metaverse Securities good for beginners?

Metaverse Securities provides a user-friendly platform. However, the regulatory hurdle can be a huge barrier for investors.

What types of products can I invest in with Metaverse Securities?

Retail Finance, Offshore bonds, Asset management, and Corporate Finance are the main services provided by this firm.

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.

User Reviews

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IRISer
more than one year
The team is responsive, and their customer service is top-notch. However, my main concern revolves around the speed of deposit processing post-verification. Despite the quick response and excellent service, it still takes a few days after depositing before I can fully utilize the funds.
The team is responsive, and their customer service is top-notch. However, my main concern revolves around the speed of deposit processing post-verification. Despite the quick response and excellent service, it still takes a few days after depositing before I can fully utilize the funds.
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2024-01-03 23:32
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和锋
more than one year
I gotta give a shoutout to Metaverse Securities - they're a top-notch securities and futures company based in Hong Kong that I discovered thanks to a friend's recommendation. Trading with them was a breeze, and their customer service was excellent. The only downside was that withdrawing my funds took a bit longer than I expected.
I gotta give a shoutout to Metaverse Securities - they're a top-notch securities and futures company based in Hong Kong that I discovered thanks to a friend's recommendation. Trading with them was a breeze, and their customer service was excellent. The only downside was that withdrawing my funds took a bit longer than I expected.
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2023-03-27 10:55
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