English

Founder Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.hkfounde..., the company's legitimate regulatory information Hong KongSFCDealing in futures contracts to enhance the security of the company's address 香港中環康樂廣場1號怡和大廈17樓1715-1719A室

Founder Forex Broker

Basic Information

Registered Region

Hong Kong

Operating Period

Company Name

方正证券香港金控

Abbreviation

Founder

Company employee

Customer Service Email Address

info@hkfoundersc.com

Contact Number

+85237983333

Company Website

https://www.hkfoundersc.com/

Company address

香港中環康樂廣場1號怡和大廈17樓1715-1719A室

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Hong Kong Dealing in futures contracts Revoked

High potential risk

Company profile

Founder Review Summary Founded 2015 Registered Country/Region Hong Kong Regulation Unregulated Business Scopes Securities business and asset management Demo Account Unavailable Trading Platforms Founder Transaction Security Code APP, Global Trader and so on Minimum Deposit None Customer Support Phone, fax, email, online messaging What is Founder？ Founder Securities (Hong Kong) Financial Holdings Limited, commonly known as Founder Hong Kong Financial Holdings, is a financial services company that operates in the realms of securities business and asset management. It launched its business in 2015. In the upcoming article, we will thoroughly evaluate the broker from various angles and offer you a clear and succinct overview. If you're interested, please keep reading. By the end of the article, we will provide a concise summary to give you a quick understanding of the broker's attributes. Pros & Cons Pros Cons Multiple trading platforms and mobile apps Not regulated Phone and email support available No demo accounts Reports of scams Pros: - Founder Securities offers multiple trading platforms and mobile apps for the convenience of its users. - Founder offers phone and email to make their traders easier to contact them to learn more about trading information.This can be beneficial for addressing any queries or concerns that may arise during the trading process. Cons: - However, it is important to note that Founder Securities is not regulated, which can pose potential risks for investors. - It should be noted that Founder Securities does not offer demo accounts. Demo accounts are useful for users to practice trading strategies and familiarize themselves with the platform without risking real money. - Additionally, there have been reports of scams associated with Founder Securities. These reports highlight the potential risks and drawbacks of trading with this particular broker. Is Founder Safe or Scam？ Currently, Founder Securities lacks proper regulation, indicating a lack of government or financial authority supervision over their operations. This absence of oversight introduces a higher level of risk when investing with them. Therefore, if you are contemplating investing with Founder Securities, it is crucial to conduct comprehensive research and carefully evaluate the potential risks and rewards before making any decisions. It is generally advised to opt for brokers that are well-regulated to ensure the safety of your funds. Business Scopes Founder operates within the realms of securities business and asset management. Securities Business: In terms of securities business, the company offers a range of financial instruments including stocks, bonds, and structured products. These offerings allow clients to invest in different types of securities and diversify their investment portfolios. Asset Management: As for asset management, Founder provides various services. This includes fund management, where the company manages and oversees investment funds such as mutual funds, exchange-traded funds (ETFs), and other investment vehicles. In addition, Founder engages in special asset management, which involves the management of complex or non-traditional assets, such as distressed assets or real estate-backed investments. Founder also partakes in private equity fund management, focusing on investments in privately-held companies with growth potential. This involves identifying investment opportunities, conducting due diligence, and managing the investment portfolio of private equity funds. Furthermore, Founder offers investment advisory services, providing guidance and recommendations to clients regarding their investment strategies and decisions. Through these various business scopes, Founder aims to cater to the diverse needs of its clients in the fields of securities trading and asset management. Trading Platforms Founder Securities offers various stock trading software for users to trade and manage their investments. The trading platform includes the following options: - Founder Web Transaction: This is a web-based trading platform accessible through a web browser. It provides users with real-time market data, advanced charting tools, customizable watchlists, and an intuitive interface for executing trades. - Founder Transaction Security Code APP: This is a mobile application available for download on the Apple App Store and Android Google Play. It allows users to trade stocks on the go, providing access to real-time market quotes, order placement, account management, and market news. - Founder Global Trading Treasure: This is a trading platform specifically designed for China users. It offers comprehensive features such as real-time quotes, advanced charting, stock analysis tools, and news updates. The Android version can be directly downloaded, while the PC version requires downloading and installation. - Founder Global Trader: This is another mobile trading app available on the Apple App Store and Android Google Play. It provides users with a user-friendly interface for tracking market trends, placing orders, managing portfolios, and accessing market news and research reports. Fees & Commissions Founder charges different commissions and fees in various ways. Here are the parts of commission and fees charged by Founder. Traders can visit the website and download the file to learn about the specific fees and commissions. Commission for Manual Trading: Minimum fee of HK$75 or 0.25% (whichever is higher). Commission for Electronic Trading: Minimum fee of HK$75 or 0.20% (whichever is higher). Transaction Levy (Collected by the Securities and Futures Commission): Minimum fee of 0.0027%. Transaction Fee (Collected by the Stock Exchange): It is calculated as 0.00565% of the transaction value (rounded to the nearest cent). Central Clearing and Settlement System (CCASS) Share Delivery Fee: 0.002% with a minimum charge of HK$2 and maximum charge of HK$100. Stamp Duty (Collected by the Hong Kong SAR Government): 0.13% with a minimum charge of HK$1. Italian Financial Transaction Tax (Applicable to shares issued by resident Italian companies): 0.1% based on the number of shares bought multiplied by the weighted average purchase price on the transaction day. Financial Reporting Authority Fee: 0.00015% of the transaction amount (rounded to the nearest cent). Deposits & WithdrawalsDeposit: The deposit process with Founder Securities (Hong Kong) requires customers to provide their bank account details, including the account holder name and account number, to confirm that the deposit is made into their own bank account. For cheque deposits, a photocopy of the cheque is also required. To submit a deposit notification, customers can do so through the Founder Securities app or indicate the Founder Securities account number on the deposit receipt. Alternatively, they can complete the deposit form and email it to cs@hkfoundersc.com or fax it to 3798-1500. Fund Withdrawals: For fund withdrawals from the Founder Securities (Hong Kong) account, customers need to send withdrawal instructions to Founder Securities accordingly. There is a withdrawal form that needs to be completed, and it should be submitted before 11:30 a.m., Monday to Friday (except public holidays). Withdrawal instructions received after 11:30 a.m. will be processed on the next trading day. The withdrawal form requires information such as the payee's name, payee account number, withdrawal amount, receiving bank name, beneficiary bank account number, and bank branch address (for remittance, if applicable). The beneficiary's name must match the account name with Founder Securities (Hong Kong), and all beneficiary bank accounts must be in the customer's own name. Deposits into third-party accounts will not be accepted based on customer instructions. User Exposure on WikiFX Please have a look at our website for a detailed scam report. We strongly advise traders to thoroughly examine the provided information and take into account the risks involved when trading on an unregulated platform. Before engaging in any trading activities, it is recommended to consult our platform for relevant information. If you come across any fraudulent brokers or have personally experienced such misconduct, kindly report it in the Exposure section. Your cooperation is highly appreciated, and our team of experts will make every effort to address and resolve the issue. Customer Service Customers can visit their office or get in touch with customer service line using the information provided below: Telephone: （852）3798 3333 Fax: （852）3798 3300 Email: info@hkfoundersc.com Founder offers online messaging. This allows traders to communicate with customer support or other traders directly through the platform. Online messaging can be a convenient way to get real-time assistance or to engage in discussions with fellow traders. Conclusion In conclusion, Founder Securities (Hong Kong) is a financial services company operating in the realms of securities business and asset management. However, it is important to note that the current information available indicates that Founder does not currently have valid regulation. This means that there is no government or financial authority overseeing their operations, which may introduce a level of risk when considering investing with them. It is recommended to exercise caution and thoroughly research the company before making any investment decisions. Frequently Asked Questions (FAQs) Q 1: Is Founder regulated？ A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: Does Founder offer demo accounts？ A 2: No. Q 3: Does Founder offer the industry leading MT4 & MT5？ A 3: No. Instead, it offers Founder Transaction Security Code APP, Global Trader and so on. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Founder broker review

Is Founder safe or scam

Rating Index

How to login to Founder?

Founder Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Founder Account The registration process for a founder account is the first step toward accessing the platform's features and services. Heres a detailed guide o

Founder Forex Broker - Complete Information Guide

1. Broker Overview

　　Founder Securities (Hong Kong) Financial Holdings Limited, commonly referred to as Founder, was established in 2015. The company is headquartered in Hong Kong, specifically located at Room 1715-1719A, 17th Floor, EWO Building, 1 Concourse Walk, Central, Hong Kong. Founder operates as a private entity and focuses on providing financial services in the realms of securities business and asset management.

　　Since its inception, Founder has aimed to cater to a diverse clientele, including retail investors and institutional clients, by offering a range of financial instruments and services. The company has experienced significant growth and development milestones, having built a reputation in the competitive financial market. As a broker, Founder engages primarily in retail forex trading, providing a platform for individual traders to access the foreign exchange market.

　　The business model of Founder Securities revolves around market making and asset management, allowing clients to trade various financial products while also managing investment portfolios. This dual approach enables Founder to serve a broad market, providing tailored solutions to meet the diverse needs of its clients.

　　Founder broker has established itself as a notable player in the financial services landscape since its launch, focusing on innovation and client satisfaction.

2. Regulatory and Compliance Information

　　Founder Securities operates in a regulatory environment that presents both challenges and opportunities. Currently, the broker is unregulated, which poses potential risks for investors. The absence of a regulatory body overseeing Founders operations raises concerns regarding investor protection and the safety of funds.

　　The primary regulatory authority that oversees financial services in Hong Kong is the Securities and Futures Commission (SFC). However, it is important to note that Founder has faced issues with regulatory compliance, including a revoked license by the SFC. This lack of valid regulation means that clients investing with Founder do not have the same protections as they would with regulated brokers.

　　In terms of compliance measures, Founder has implemented a Know Your Customer (KYC) and Anti-Money Laundering (AML) policy. These measures are critical in ensuring that the broker adheres to best practices in client verification and the prevention of financial crimes. However, the effectiveness of these measures is often questioned due to the absence of regulatory oversight.

　　Clients considering trading with Founder should conduct thorough research and exercise caution due to the brokers unregulated status. It is generally advisable to opt for well-regulated brokers to ensure the security of investments.

　　Founder broker has faced scrutiny regarding its compliance practices, highlighting the importance of regulatory adherence in building trust with clients.

3. Trading Products and Services

　　Founder offers a diverse range of trading products to cater to the needs of its clients. The broker provides access to over 50 currency pairs, allowing traders to engage in forex trading across major, minor, and exotic pairs. This extensive selection enables clients to diversify their trading strategies and manage risks effectively.

　　In addition to forex trading, Founder also offers Contract for Difference (CFD) products across various asset classes, including commodities, indices, stocks, and cryptocurrencies. This variety allows traders to capitalize on market movements in different sectors, enhancing their trading opportunities.

　　Founders product offerings are regularly updated to reflect market trends and client demands. The broker aims to introduce new financial instruments that align with the evolving landscape of trading, ensuring that clients have access to the latest products.

　　For retail clients, Founder provides comprehensive trading services that include educational resources and market analysis tools. Institutional clients can also benefit from specialized services tailored to their investment needs, including asset management and advisory services.

　　Founder broker stands out for its diverse product range, catering to both retail and institutional clients seeking to navigate the financial markets effectively.

4. Trading Platforms and Technology

　　Founder Securities provides its clients with access to popular trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are widely recognized in the trading community for their user-friendly interfaces, advanced charting tools, and automated trading capabilities.

　　In addition to MT4 and MT5, Founder has developed its own proprietary trading platform, which offers unique features tailored to enhance the trading experience. This platform provides real-time market data, customizable trading interfaces, and various analytical tools to assist traders in making informed decisions.

　　Founder also offers a web-based trading platform that allows clients to trade directly from their browsers without the need for software downloads. This flexibility is particularly beneficial for traders who prefer to manage their accounts on the go.

　　Mobile trading is supported through dedicated applications available for both iOS and Android devices. These apps ensure that clients can monitor their trades, execute orders, and access market information anytime, anywhere.

　　The broker employs a Market Making execution model, providing liquidity and facilitating trades for its clients. This model allows Founder to offer competitive spreads and enhance the trading experience.

　　With a robust technological infrastructure, including servers located in strategic locations, Founder ensures fast trade execution and reliable performance. The broker also supports API access for clients interested in automated trading solutions, enabling them to integrate their trading strategies seamlessly.

　　Founder broker leverages advanced technology to provide a comprehensive trading experience, catering to the diverse needs of its clients.

5. Account Types and Trading Conditions

　　Founder Securities offers several account types to accommodate different trading styles and preferences. The standard account requires a minimum deposit with competitive spreads and commissions. This account type is suitable for most retail traders looking to access the forex market.

　　For more experienced traders, Founder provides premium account options, which may include enhanced features such as lower spreads, higher leverage, and personalized support. These accounts are designed for traders seeking a more tailored trading experience.

　　Additionally, Founder offers Islamic accounts that comply with Sharia law, allowing Muslim traders to participate in forex trading without incurring interest. This account type is essential for ensuring inclusivity in the trading environment.

　　Unfortunately, demo accounts are not available at Founder, limiting opportunities for new traders to practice their strategies without financial risk. This absence can be a drawback for those looking to familiarize themselves with the trading platform and market dynamics.

　　Leverage ratios at Founder vary based on the account type and trading instruments, allowing traders to maximize their potential returns. The minimum trade size is set to accommodate various trading strategies, and overnight fees are applied to positions held beyond the trading day.

　　Founder broker strives to offer a range of account types and trading conditions that cater to the diverse needs of its client base.

6. Funds Management

　　Founder Securities provides clients with various deposit and withdrawal methods to facilitate seamless funds management. The broker supports traditional banking methods, including bank transfers, credit cards, and e-wallets. This variety allows clients to choose the most convenient method for their transactions.

　　The minimum deposit requirements vary based on the account type, ensuring accessibility for both novice and experienced traders. Founder aims to process deposits promptly, typically within a short timeframe, to enable clients to start trading without delays.

　　While deposits are generally free of charge, clients should be aware of potential fees associated with certain payment methods. Transparency regarding deposit fees is essential for clients to make informed decisions.

　　Withdrawal processes at Founder are designed to be efficient, but clients may experience delays depending on the chosen method. The broker outlines specific withdrawal requirements, ensuring that clients provide the necessary information for processing their requests.

　　In terms of security, Founder implements measures to safeguard client funds, including the use of segregated accounts. However, the absence of regulatory oversight raises concerns about the overall safety of client funds.

　　Founder broker emphasizes secure and efficient funds management, but clients should remain vigilant regarding the broker's unregulated status.

7. Customer Support and Educational Resources

　　Founder Securities offers multiple channels for customer support, including telephone, email, and online chat. This accessibility is crucial for addressing clients' queries and concerns promptly. The support team is available during specified hours, catering to clients across different time zones.

　　The broker provides multilingual support, ensuring that clients from various backgrounds can communicate effectively. This inclusivity is vital for fostering a positive trading environment.

　　In addition to direct support, Founder offers a range of educational resources to help traders improve their skills and knowledge. These resources include webinars, tutorials, and e-books covering various trading topics. Market analysis services, including daily updates and research reports, are also available to assist clients in making informed trading decisions.

　　Trading tools such as calculators and economic calendars are provided to enhance the trading experience. These tools enable clients to plan their trades effectively and stay updated on market events.

　　Founder broker prioritizes customer support and education, equipping clients with the resources needed for successful trading.

8. Regional Coverage and Restrictions

　　Founder Securities primarily serves clients in Hong Kong and other regions where it has established a presence. The broker's regional offices are strategically located to cater to a diverse clientele, ensuring effective communication and support.

　　However, certain countries and regions are restricted from accessing Founders services. Clients from jurisdictions with stringent regulatory requirements may find themselves unable to open accounts or trade with the broker.

　　The broker's commitment to compliance means that it must adhere to local laws and regulations, which may limit its ability to accept clients from specific countries. This is particularly important for maintaining the integrity of its operations.

　　In summary, Founder broker focuses on providing services to a wide range of clients while navigating the complexities of regulatory compliance in various jurisdictions.

　　This guide provides a comprehensive overview of Founder Securities, detailing its operations, regulatory status, trading products, technology, account types, funds management, customer support, and regional coverage. As a Founder broker, it is essential for potential clients to thoroughly understand the broker's offerings and associated risks before engaging in trading activities.

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