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Open Securities

Regulated
Hong Kong
,
Since 2007
Last Updated:
52/100
Overall Score

Trading Conditions

Min Deposit:
HKD5000
Max Leverage:
500
Account Types
StocksRegularRegular+2 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Bank Transfer

bank transfer
1 days
Fee:
Free
Fee:
$60

Credit Card

credit card
Instant
Fee:
3.0%
Fee:
Free

Cheque

other
days
Fee:
Free
Fee:
Free

E-wallet

e wallet
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 49%, 2: License 77%, 3: Software 0%, 4: Spread 0%, 5: Account Type 27%, 6: Symbol 0%
Regulation
49%Poor
License
77%Good
Software
0%Poor
Spread
0%Poor
Account Type
27%Poor
Symbol
0%Poor

Company Information

Full Name:Open Securities Limited
Founded:2007
Headquarters:Hong Kong
Enterprise Offices:1offices

Customer Support

Phone:
+852 3405 7388
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction

In the ever-evolving landscape of financial services, the emergence of new companies and platforms is a constant. However, not every name that surfaces in the industry is backed by substantial information or a proven track record. One such name that has recently come into question is "Open Securities." Despite its intriguing name, a thorough investigation reveals a lack of verifiable information about this entity. This article aims to explore the potential reasons behind this absence and provide insights into the importance of due diligence in the financial sector.

Understanding the intricacies of financial services requires a keen eye for detail and a commitment to verifying facts. As we delve into the topic of Open Securities, we will examine the typical components that define a reputable financial services company and highlight the significance of transparency and regulatory compliance in this field.

Background and History

When researching a financial services company, one of the first aspects to consider is its background and history. This includes information about its founding, key personnel, and evolution over time. Unfortunately, in the case of Open Securities, there is no available data regarding its inception, founders, or headquarters. This absence of information raises questions about the company's legitimacy and presence in the financial industry.

Typically, established financial firms have a well-documented history that can be traced through various industry publications and databases. The lack of such documentation for Open Securities suggests that it may either be a very new entity or not a significant player in the market.

Key Features and Offerings

Financial services companies often distinguish themselves through their unique features and offerings. These can include a range of account types, trading platforms, and investment instruments. However, Open Securities does not appear in any major financial services categories, such as investment funds, advisory services, or custody solutions.

Without specific information on the services provided by Open Securities, potential clients are left without a clear understanding of what the company offers. This lack of transparency can be a red flag for investors and traders seeking reliable and trustworthy financial partners.

Regulatory Compliance and Licensing

Regulatory compliance is a cornerstone of the financial services industry. Companies must adhere to strict guidelines and obtain licenses from relevant authorities to operate legally. Unfortunately, Open Securities does not appear in any regulatory databases, such as those maintained by the SEC, FCA, or ASIC.

Regulator License Number Status
No Data Available No Data Available No Data Available

The absence of regulatory information suggests that Open Securities may not be a licensed entity, which poses significant risks to potential clients. Regulatory oversight is crucial for ensuring the safety and security of financial transactions and investments.

Trading Conditions and Platform Technology

Trading conditions and platform technology are critical factors for traders and investors. These include aspects such as spreads, leverage, and the availability of mobile apps and tools. Unfortunately, there is no information available about the trading conditions or technological features of Open Securities.

Feature Details
Spreads No Data Available
Leverage No Data Available
Platform Technology No Data Available

Without clear information on these aspects, it is challenging for potential clients to assess the suitability of Open Securities for their trading needs.

Fee Structure

Understanding the fee structure of a financial services company is essential for evaluating its cost-effectiveness. However, Open Securities does not provide any public record of fees, such as deposit or withdrawal charges, commissions, or inactivity fees.

Fee Type Amount
Deposit Fees No Data Available
Withdrawal Fees No Data Available
Inactivity Fees No Data Available

The lack of transparency in fee structures can lead to unexpected costs for clients, making it crucial for companies to provide clear and detailed information.

User Experience and Market Reputation

User experience and market reputation are vital indicators of a company's reliability and trustworthiness. Unfortunately, Open Securities does not have any customer reviews, ratings, or reputation data available on consumer review platforms or financial forums.

Without feedback from existing clients, it is difficult to gauge the quality of service provided by Open Securities. A strong market reputation is often built on positive customer experiences and transparent business practices.

Recent Developments

Staying informed about recent developments is essential for understanding a company's current standing and future prospects. However, there have been no news reports, updates, or changes related to Open Securities in recent years.

This lack of information further complicates the task of assessing the company's viability and potential for growth in the financial services sector.

Conclusion

In conclusion, the absence of verifiable information about Open Securities raises significant concerns about its legitimacy and presence in the financial services industry. For potential clients and investors, conducting thorough due diligence is crucial to avoid potential risks and ensure the safety of their investments.

As the financial landscape continues to evolve, transparency, regulatory compliance, and a strong market reputation remain key factors in identifying reliable financial partners. Until more information becomes available, caution is advised when considering engagement with entities like Open Securities.

Regulatory Licenses

Compliance & oversight

1 license
Hong Kong
SFCTier 1
Hong Kong#ACS694
License Details
Type:Dealing in futures contracts
License #:ACS694
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

5 types
Stocks
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Joint
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Business
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
5
Total Types
3
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

4 methods
Bank Transfer
Bank Transfer1 min
Deposit
Fee:Free
Min:USD 1,000
Max:N/A
Withdrawal
Fee:USD 60
Min:USD 1,000
Max:N/A
Fees and processing times may vary by bank.
Credit Card
Credit CardInstant
Deposit
Fee:3%
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Withdrawals often not allowed.
Cheque
Otherdays
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Processing time can be several days.
E-wallet
E-Wallethours
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Fees and processing times vary by provider.
3
Free Deposit
4
Instant
0
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Open Securities: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Open Securities at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Open Securities

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
opensecltd.com
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Corporate Network

Enterprise structure & relationships

1 entities

Open Securities Limited

Hong Kong
active

Registration

N/A

Established

1994-04-21

Comments

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