Score

7.24 /10
Good

HUA NAN SECURITIES

Regulated in Taiwan

Dealing in securities

Medium potential risk

B

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index7.15

Business Index7.10

Risk Management Index8.90

Software Index6.43

License Index7.15

Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Regulatory disclosure

Broker Information

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Company Name

HUA NAN SECURITIES.

Company Abbreviation

HUA NAN SECURITIES

Platform registered country and region

Taiwan

Company website

Facebook

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2024-09-29
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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Losses of asphalt investment on HUA NAN FUTURES

Exposure platform: HUA NAN FUTURES Product: Methanol and diluted asphalt Method: Through group and liverstreaming room In this September, a stranger, who self-proclaimed as the customer service of a security company, recommended me some stock, which was quite high of profit.He claimed that a teacher taught him and shared his card to me.This is the first time I contacted with him,of which I felt professional.Then he pulled me into a stock exchange group,in which he taught lessons.Some members required him to set live -broadcasting room to give detailed analysis.On the next day,the teacher did so.After a half month,he recommended us to trade in HUA NAN FUTURES , saying that the stock market was volatile.  Gradually, I found that he was really professional since the market recommended was always cocking. Then he recommended us an account administrator, saying that he would guide us to open accounts and deposit fund. So I also opened an account. At first,the teacher told us to operate with 10% to 20% position.I made one thousand or so twice before.Later,the teacher told us to buy shares largely.By his deliberate reverse order recommendation,my 300000 RMB all lost.The teacher told me to add 450000 RMB to recover the losses.I lost my mind and add another 450000 RMB.With his guidance,my account became forced liquidation overnight.But the teacher still urged me to add fund.I felt something wrong and argued with him.He explained ambiguously and vaguely,and even didn’t respond anymore. At that time, I realized that it was a scam. The group members were fraudsters, to scam all my fund!

FX3792673861
2019-12-19 12:05
HUA NAN SECURITIES · Company summary

General Information & Regulation

After the government completed the Foreign Futures Trading Law in July 1981, Yongchang Futures Brokerage Co., Ltd. was reinvested and established by Yongchang Group in July 1983. It has always been well-known in the industry for its rigorous risk control and professional consulting services. The amount of capital has increased from NT$200 million at the start of the company to NT$500 million. Currently it operates domestic and foreign futures brokerage business and undertake domestic futures trading settlement business. In addition to the Taipei head office, it also set up a Taichung branch to expand customer service. On November 14, 2002, the temporary shareholders' meeting of the parent company Yongchang Securities approved a 100% conversion of the shares at a conversion ratio of 1.2821 to 1. In July 1998, it became the name of a subsidiary of Uni-President Financial Holdings Group, and the company officially changed its name to “South China Futures Co., Ltd.”. In addition, the company has strengthened the professional training of salespersons, market analysis and research, with more rapid and complete information, and spacious service places to help customers grasp the correct concept of investment and profitability and risk control, to achieve the mutual growth of clients and the company.

Core Business

HUA NAN Futures is a professional futures broker, focusing on futures brokerage business, providing customers with various futures investment and financial management services to assist customers in the selection of commodities and the management of funds. The current business is the entrusted trading and consulting services of global futures commodities. The scope of the brokerage business covers all continents and commodities at all times of the world. Products offered are as follows:

• Stock index futures and options: such as weighted Taiwan Index, Taiwan Gold Index, Taiwan Power Index, JPMorgan Taiwan Index, Nikkei 225, Little Dow Jones, Little NASDAQ and Little S&P500, etc.

• Foreign exchange futures and options: such as yen, euro, pound sterling, Swiss franc, Canadian dollar, Australian dollar, US dollar index, etc.

• Interest rate futures and options: short-term interest rate futures such as Eurodollar, Euroyen, etc.

• Long-term interest rate futures and options: such as US long-term government bonds (30-year T-Bond), US 10-year, 5-year, and 2-year Treasury bills, Japanese bonds, etc.

• Commodity futures and options: such as wheat, corn, soybeans, coffee, cocoa, sugar, etc.

• Metal futures and options: such as copper, aluminum, gold, silver, palladium, etc.

• Energy futures and options: such as crude oil, light crude oil, thermal oil, gasoline, etc.

Customer Support

The Hua Nan Futures customer support can be reached through telephone: 412-8889.

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