Open Securities

WikiFX | 2024-11-11 16:20

摘要：Based in Hong Kong, Open Securities is an SFC-regulated broking with licence number ACS694. The company specialises in asset management, Hong Kong futures, trading Hong Kong and U.S. equities, It meets different trading preferences by providing clear pricing and supporting both web-based and mobile trading systems.

Open Securities Review Summary
Founded	1994
Registered Country/Region	Hong Kong
Regulation	Regulated by Securities and Futures Commission (SFC), License No.: ACS694
Market Instruments	Hong Kong Stocks, Hong Kong Futures, U.S. Stocks, Asset Management Services
Demo Account	/
Leverage	/
Spread	/
Trading Platform	Web Trade, Longport Mobile App (iOS, Android)
Min Deposit	$5,000 per transaction
Customer Support	- Phone:(852) 3405-7355
	- Email: cs@opensecltd.com
	- Address: Room 3208–09, 32/F, Tower 6, The Gateway, Hong Kong

Open Securities Information

Based in Hong Kong, Open Securities is an SFC-regulated broking with licence number ACS694. The company specialises in asset management, Hong Kong futures, trading Hong Kong and U.S. equities, It meets different trading preferences by providing clear pricing and supporting both web-based and mobile trading systems.

Pros and Cons

Pros	Cons
Regulated by Hong Kongs SFC	Minimum deposit of $5,000 required
Clear fee structure	Limited product range
Supports web and mobile platforms

Is Open Securities Legit?

Hong Kong's Securities and Futures Commission regulates Open Securities Limited. Licence ACS694 covers “Dealing in futures contracts,” which the company owns. The SFC regulates Open Securities Limited to ensure it follows Hong Kong law and standards, giving it credibility and compliance in its financial operations.

What Can I Trade on Open Securities?

Open Securities offers trading services primarily in the Hong Kong stock market, along with U.S. stocks and futures.

Tradable Instruments	Supported
Hong Kong Stocks	✔
Hong Kong Futures	✔
U.S. Stocks	✔
Asset Management Services	✔

Account Types

The brokerage provides two main account types:

Cash Account: For non-leveraged stock trading in Hong Kong, using only available funds.
Margin Account: Allows for leveraged trading, enabling clients to trade on borrowed funds.，

Open Securities Fees

Open Securities charges trading and non-trading fees that are comparable to Hong Kong securities trading industry rates.

Instrument	Spread	Commission per Transaction	Additional Costs
Hong Kong Stocks	Not specified	Negotiable, 0.25% of transaction amount (Min HK$100)	Stamp Duty, Transaction Levy, Trading Fee, CCASS Fee
Shanghai A / Shenzhen A Stocks	Not specified	Negotiable, 0.25% of transaction amount (Min CNY50)	Stamp Duty (0.10% on seller side), Securities Management Fee, Handling Fee, Transfer Fee
U.S. Stocks	Not specified	Negotiable, 0.25% of transaction amount (Min US$20)	Extra US$0.01 per share if price < US$5

Non-Trading Fees

Service	Currency	Fee Details
Brokerage Commission (HK Stocks)	HKD	Negotiable, 0.25% on transaction amount (Min HK$100)
Stamp Duty (HK Stocks)	HKD	HK$1.30 per HK$1,000 transaction (for both buyer and seller)
Transaction Levy (SFC)	HKD	0.0027% on transaction amount
Trading Fee (SEHK)	HKD	0.00565% on transaction amount
CCASS Fee	HKD	0.002% on transaction amount (Min HK$2, Max HK$100)
Dividend Collection Fee (HK Stocks)	HKD	0.50% on dividend amount (Min HK$25)
Settlement Instruction (SI)	HKD	HK$50 per transaction (Delivery Instructions)
Custody Fee	HKD	Free (exempted by TCCS)
Returned Cheque	HKD	HK$200 per returned cheque
IPO Application (Manual)	HKD	Non-financing: HK$50 per application; Financing: HK$100 (if applicable)
Dividend Collection Fee (Shanghai A / Shenzhen A)	CNY	0.50% on dividend amount (Min CNY30)
U.S. Stock Dividend Tax	USD	30% on dividend amount (Min US$0.05)
Settlement Instruction (U.S. Stocks)	USD	US$100 per delivery transaction; US$30 per receipt transaction

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for What Kind of Traders
Web Trade	✔	Web Browser	Traders who prefer browser access, direct and flexible access options
Longport Mobile App	✔	Mobile (iOS, Android)	Traders needing mobile access, with login options including SMS verification, account credentials, and QR code scan for secure login

Deposit and Withdrawal

Open Securities does not charge fees for deposits. However, withdrawals may incur bank charges, especially for international transfers. The minimum deposit required per transaction is $5,000.

Deposit & Withdrawal Method	Fees	Processing Time
Check Payment (Local)	None	Next business day
Bank Transfer (Local)	Varies by bank	Same day
International Transfer	Bank fees apply	1-2 business days after request