Score

5.14 /10
Average

ESL

Hong Kong

5-10 years

Regulated in Hong Kong

Dealing in securities

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Score

Regulatory Index6.32

Business Index7.59

Risk Management Index0.00

Software Index5.69

License Index5.50

Time Machine
Website

Licenses

VPS Standard
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Single Core

1G

40G

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Broker Information

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Company Name

Enhanced Securities Limited

Company Abbreviation

ESL

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 2
Previous Detection : 2024-12-23
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by China Hong Kong SFC(license number: AWP684)SFC-Dealing in securities Non-Forex License. Please be aware of the risk!

WikiFX Verification

ESL · Company summary
ESL Review Summary
Founded2011
Registered Country/RegionChina Hong Kong
RegulationSFC (Exceeded)
ServicesSecurities Dealing and Advising, Corporate Finance Advisory, Asset Management, and Margin Financing
Demo Account
Customer SupportTel: (852) 2836 2188
Fax: (852) 2893 1277
Email: cs@enhancedsec.com
Address: 37/F Times Tower, 393 Jaffe Road, Wanchai, Hong Kong

Enhanced Securities Limited (“ESL”), a wholly owned subsidiary of G-Resources Group Limited (HKEX: 1051), was established in 2011. ESL offers financial / securities trading services. ESL can also provide margin financing. However, their license of SFC has been exceeded.

Here is the home page of this brokers official site:

Enhanced Securities Limited's homepage

Pros and Cons

ProsCons
Various financial servicesSFC (Exceeded)
Multiple ways to contactComplex fee schedule
Does not accept popular credit cards

Is ESL Legit?

ESLs license of the Securities and Futures Commission (SFC) (License Type: Dealing in securities, License No.AWP684) has been exceeded. Therefore, as of now, it has no valid regulations.

SFC
Securities and Futures Commission of Hong Kong (SFC)
Regulatory StatusExceeded
Regulated byChina Hong Kong
Licensed InstitutionEnhanced Securities Limited
Licensed TypeDealing in securities
Licensed NumberAWP684
Exceeded SFC license

Services

ESL offers services in securities dealing and advising, corporate finance advisory, asset management, and margin financing.

Account Type

ESL offers the Individual, Joint, and Corporate accounts. However, they does mention the minimum deposit requirement on their website.

ESL Fees

MarketCurrencyRate/ChargesMinCharge
Hong Kong MarketHKD0.25% on transaction amount100
A-Share MarketCNY

For stock trading, it also charges fees. For instance:

Fee TypeRate
CCASS Fee
Contract Stamp0.1% on transaction amount
Trading Fee0.005% on transaction amount
Transaction Levy
OTC Transaction0.5% on transaction amount
FRC Transaction Levy

Additionally, it also charges fees related to settlement, bank, loan and others.

ItemCurrencyRate/Charges
CHATS Payment to Local BankHKD200
Telegraphic Transfer (TT)300 or subject to paying bank
Return Cheque Charges200 handling charge plus interest
Stop Payment200
Lost Cheque

More details can be learned: https://www.enhancedsec.com/index.html

ESL Fees

Deposit and Withdrawal

To make a deposit, ESL accepts bank accounts by cash or cheque, carry-in the cheque in person, and telegraphic transfer (TT).

Besides, fund withdrawal can be proceeded on same day if Withdrawal Instruction can be received on or before 12:00 pm. Otherwise, the next business day will be the issue day.

Fund deposit

User Reviews

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User comment

2

Comments

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卡布奇诺94928
more than one year
My goodness, this company said it will cease its trading business and internet trading platform on 10 June 2022. I think it's better than those companies that shut down without notice and abscond with their money.
My goodness, this company said it will cease its trading business and internet trading platform on 10 June 2022. I think it's better than those companies that shut down without notice and abscond with their money.
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2023-02-24 11:54
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Sheng85235
more than one year
Esta empresa no tiene ninguna regulacion efectiva ni servicio en espano, entonces no puedo econtrar la razon para invertir aqui. Tengo muchas otras opciones mejores en la misma industria.
Esta empresa no tiene ninguna regulacion efectiva ni servicio en espano, entonces no puedo econtrar la razon para invertir aqui. Tengo muchas otras opciones mejores en la misma industria.
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2023-02-14 18:08
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