Company profile
ESL Review SummaryFounded2011Registered Country/RegionChina Hong KongRegulationSFC (Exceeded)ServicesSecurities Dealing and Advising, Corporate Finance Advisory, Asset Management, and Margin FinancingDemo Account❌Customer SupportTel: (852) 2836 2188Fax: (852) 2893 1277Email: cs@enhancedsec.comAddress: 37/F Times Tower, 393 Jaffe Road, Wanchai, Hong Kong Enhanced Securities Limited (“ESL”), a wholly owned subsidiary of G-Resources Group Limited (HKEX: 1051), was established in 2011. ESL offers financial / securities trading services. ESL can also provide margin financing. However, their license of SFC has been exceeded. Here is the home page of this brokers official site:Pros and ConsProsConsVarious financial servicesSFC (Exceeded)Multiple ways to contactComplex fee scheduleDoes not accept popular credit cardsIs ESL Legit? ESLs license of the Securities and Futures Commission (SFC) (License Type: Dealing in securities, License No.AWP684) has been exceeded. Therefore, as of now, it has no valid regulations.Securities and Futures Commission of Hong Kong (SFC)Regulatory StatusExceededRegulated byChina Hong KongLicensed InstitutionEnhanced Securities LimitedLicensed TypeDealing in securitiesLicensed NumberAWP684Services ESL offers services in securities dealing and advising, corporate finance advisory, asset management, and margin financing.Account Type ESL offers the Individual, Joint, and Corporate accounts. However, they does mention the minimum deposit requirement on their website.ESL FeesMarketCurrencyRate/ChargesMinChargeHong Kong MarketHKD0.25% on transaction amount100A-Share MarketCNY For stock trading, it also charges fees. For instance:Fee TypeRateCCASS Fee❌Contract Stamp0.1% on transaction amountTrading Fee0.005% on transaction amountTransaction Levy❌OTC Transaction0.5% on transaction amountFRC Transaction Levy❌ Additionally, it also charges fees related to settlement, bank, loan and others.ItemCurrencyRate/ChargesCHATS Payment to Local BankHKD200Telegraphic Transfer (TT)300 or subject to paying bankReturn Cheque Charges200 handling charge plus interestStop Payment200Lost Cheque More details can be learned: https://www.enhancedsec.com/index.htmlDeposit and Withdrawal To make a deposit, ESL accepts bank accounts by cash or cheque, carry-in the cheque in person, and telegraphic transfer (TT). Besides, fund withdrawal can be proceeded on same day if Withdrawal Instruction can be received on or before 12:00 pm. Otherwise, the next business day will be the issue day.
Sheng85235
Venezuela
This company does not have any effective regulation or service in Spain, so I cannot find the reason to invest here. I have many other better options in the same industry.
Neutral
2023-02-14