Unicorn Securities Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-07 17:27

Abstract：Incorporated in Hong Kong since 2004, Unicorn Securities is regulated by SFC. It is a securities company providing investment products and services such as Stocks, Options, ETFs, Private equity funds, etc. There are also 3 types of accounts for traders to choose from.

Unicorn SecuritiesReview Summary
Founded	2004
Registered Country/Region	Hong Kong
Regulation	Regulated
Market Instruments	StocksOptionsETFPrivate equity funds
Demo Account	❌
Leverage	/
Spread	/
Trading Platform	/
Min Deposit	No limit
Customer Support	Phone: +852-3421-1271+852-2156-7907
	Email: chankarlun@gmail.com
	Physical Address: Room 503, General Commercial Building, 156-164 Des Voeux Road Central, Central, Hong Kong

Unicorn Securities Information

　　Incorporated in Hong Kong since 2004, Unicorn Securities is regulated by SFC. It is a securities company providing investment products and services such as Stocks, Options, ETFs, Private equity funds, etc. There are also 3 types of accounts for traders to choose from.

Pros and Cons

Pros	Cons
Regulated by SFC	No trading platform is provided
	No deposit and withdrawal method information

Is Unicorn Securities Legit?

Regulated Country/Region
Regulated Authority	SFC
Regulated Entity	Unicorn Securities Company Limited
License Type	Dealing in futures contracts
License Number	ACD947
Current Status	Regulated

What Can I Trade on Unicorn Securities?

　　Unicorn Securities offers investment products including stocks, options, ETF and private equity funds.

Tradable Instruments	Supported
Stocks	✔
Options	✔
ETF	✔
Private equity funds	✔
Forex	❌
Precious metals & Commodities	❌
Indices	❌
Bonds	❌

Account Types

　　There are 3 Account types at Unicorn Securities: Cash Account, Reg T Margin Account and Portfolio Margin Account.

　　The cash account has no limit on the deposit threshold; Reg T margin account deposit requirements are $2000 to $25,000; A portfolio margin account requires more than $25,000.

　　Unicorn Securities adopts the electronic account opening method. You need to prepare your ID card and address proof as account opening materials.

Unicorn Securities Fees

　　Unicorn Securities charges $2.99 per trade for US stocks. For a single trade of more than 300 shares, the fee is $0.01 times the number of shares;

　　HKD 30.00 per transaction, the single transaction fee is the transaction amount multiplied by 0.1%, the minimum amount is HKD30, in addition, the Hong Kong government charges the transaction amount multiplied by 0.1097% stamp duty and handling fee.