For more information about Finansia Forex Broker company profile, come to WikiBit!
Business
License
Finansia Syrus Securities Public Company Limited, commonly referred to as Finansia, was established in 2002. It was founded with the aim of providing high-quality brokerage services to retail and institutional clients in Thailand and beyond.
Finansia operates as an independent public company, listed on the Stock Exchange of Thailand. It is not a subsidiary of any larger corporation, allowing it to maintain autonomy in its operations and strategic decisions.
The company is headquartered in Bangkok, Thailand, specifically at the 18th floor of Central World, 999/9 Rama I Road, Pathumwan, Bangkok 10330.
Finansia primarily serves clients in Thailand but has been expanding its reach to include international markets. The company provides a range of financial services, including securities brokerage, investment advisory, and asset management.
Finansia is regulated by the Securities and Exchange Commission (SEC) of Thailand. However, it is important to note that the company has been described as unregulated in some reviews, indicating a lack of oversight from additional global regulatory bodies.
Since its inception, Finansia has achieved several significant milestones, including the expansion of its service offerings and the development of its proprietary trading platform, Finansia Hero. The company has also secured its position as a member of the Stock Exchange of Thailand.
Finansia has grown steadily over the years, enhancing its services to cater to a diverse clientele. The company has expanded its product offerings to include a variety of financial instruments, thereby attracting a broader customer base.
Finansia has seen substantial growth in its customer base, onboarding over 130,000 new accounts in recent years. This growth reflects the increasing interest in investment opportunities among Thai citizens, particularly during the COVID-19 pandemic.
The development of the Finansia Hero trading platform represents a significant advancement in the company's technological capabilities. This platform is designed to provide a user-friendly experience, especially for beginner traders.
While specific awards or recognitions were not detailed in the sources, Finansia has been recognized for its comprehensive suite of services and its commitment to enhancing the trading experience for clients.
Finansia offers a variety of forex trading options, providing access to numerous currency pairs. The precise number of pairs available may vary, but the platform supports major, minor, and some exotic currency pairs.
Clients can trade a range of stocks, accessing shares from publicly traded companies in Thailand and potentially beyond. This allows investors to participate in equity markets and capitalize on price fluctuations.
Finansia provides trading in Contracts for Difference (CFDs), allowing clients to speculate on price movements without owning the underlying assets. This includes a variety of assets such as stocks, commodities, and indices.
In addition to forex and stock trading, Finansia offers access to other financial instruments, including:
Finansia distinguishes itself with its proprietary trading platform, Finansia Hero, which is designed for ease of use and accessibility. Additionally, the company provides educational resources and customer support to assist traders in making informed decisions.
Finansia is primarily regulated by the Securities and Exchange Commission of Thailand. However, it lacks oversight from other prominent international regulatory bodies, which raises concerns regarding investor protection.
As an independent public company, Finansia operates under Thai law and regulations. It has established itself as a member of the Stock Exchange of Thailand, which mandates adherence to specific financial and operational standards.
Due to its unregulated status, there are limited assurances regarding the protection of client funds. Investors are advised to conduct thorough due diligence before engaging with the platform.
While the primary market for Finansia is Thailand, the company is working towards expanding its services to international clients, particularly in Southeast Asia. However, language barriers and regulatory issues may limit its reach.
Finansia has maintained compliance with local regulations as a member of the Thai stock exchange. Nevertheless, its unregulated status in other jurisdictions suggests potential gaps in compliance with international standards.
Finansia faces competition from several key players in the brokerage industry, including:
Finansia positions itself as a comprehensive brokerage service provider, focusing on accessibility and technological innovation. The company aims to cater to both novice and experienced traders, making it a versatile choice in the market.
Finansia differentiates itself through its proprietary trading platform, Finansia Hero, and its focus on customer service. The company also emphasizes its commitment to educating clients about investment opportunities, which can enhance client loyalty and retention.
Finansia Syrus Securities Public Company Limited is a notable player in the Thai financial services market, offering a range of trading services and financial instruments. However, its lack of broader regulatory oversight and the challenges it faces in expanding its international presence warrant careful consideration from potential clients. As the company continues to evolve, it remains committed to enhancing the trading experience for its clients through innovative solutions and comprehensive support.
For more information about Finansia and its services, learn more.
Explore broker companies: forex/fx trading, investment, and global limited. Check company details.