English

FPT SECURITIES foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.fpts.com.vn/EN, about the company's legal and temporary regulatory information, the company's address No. 52 Lac Long Quan Road, Buoi Ward, Tay Ho District, Hanoi City.

FPT SECURITIES Forex Broker

Basic Information

Registered Region

Vietnam

Operating Period

Company Name

FPT SECURITIES

Abbreviation

FPT SECURITIES

Company employee

Customer Service Email Address

fptsecurities@fpts.com.vn

Contact Number

+8419006446

Company Website

http://www.fpts.com.vn/EN

Company address

No. 52 Lac Long Quan Road, Buoi Ward, Tay Ho District, Hanoi City

Facebook

https://www.facebook.com/chungkhoanfpt/

Keywords

5-10 years

Suspicious Regulatory License

High potential risk

Company profile

FPT Securities Review Summary Founded 2007 Registered Country/Reg0ion Vietnam Regulation No Regulation Products & Services Securities Trading and Corporate Advisory Fees Decrease as Trading Volume Increases (See Later for Details) Minimum Deposit N/A Customer Support Head Office - Tel: 19006446, ext 1; Fax: +84 24 3773 9057; Email: fcs@fpts.com.vn Trading Platform Web Trader and EzMobileTrading Company Address No. 52 Lac Long Quan Road, Buoi Ward, Tay Ho District, Hanoi City (ELECTRONIC INFORMATION PORTAL) What Is FPT Securities？ FPT Securities, established in 2007 and based in Vietnam, operates without specific regulatory oversight. The firm offers a range of securities trading services and corporate advisory services. It is located at No. 52 Lac Long Quan Road, Buoi Ward, Tay Ho District, Hanoi City (ELECTRONIC INFORMATION PORTAL). Pros & Cons Pros Cons Support on-the-go Trading No Regulation Fees Charged Pros: Support on-the-go Trading: FPT Securities offers support for on-the-go trading, allowing clients to access their trading accounts and execute trades conveniently through mobile devices via the EzMobileTrading app. Cons: No Regulation: The lack of regulatory oversight raises concerns about the security of client funds and the reliability of the brokerage's operations. Fees Charged: FPT Securities imposes fees for transactions, which can be perceived as a disadvantage for some traders. These fees impact the overall cost-effectiveness of trading with the brokerage, especially if clients prefer brokers not to charge fees. Is FPT Securities Safe or Scam？ Regulatory Sight: FPT SECURITIES is currently functioning without any regulation, meaning it does not fall under the supervision of any financial regulatory bodies and does not possess any licenses to operate in the financial market. The absence of any such oversight raises concerns about the firms adherence to financial standards and regulations, increasing the risk for investors. User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums. Security Measures: So far we haven't found any information about the security measures for this broker. Products & Services The services provided by FPT SECURITIES mainly include Securities Trading and Corporate Advisory. Securities Trading includes these below: Account Opening: FPT Securities facilitates the smooth and efficient opening of trading accounts, ensuring easy access to various investment opportunities. Stock Trading: Investors can trade stocks listed on major exchanges through FPT Securities' trading platform, allowing them to buy and sell shares of publicly traded companies. Derivative Trading: FPT Securities provides access to derivative instruments such as futures and options, enabling investors to hedge risk or speculate on price movements in underlying assets. ETF Trading: Exchange-traded funds (ETFs) offer diversified exposure to a basket of assets, and FPT Securities allows investors to trade these funds to achieve their investment objectives. Covered Warrant Trading: Covered warrants provide investors with leveraged exposure to underlying assets, and FPT Securities facilitates trading in these financial instruments. Margin Trading: Margin trading allows investors to leverage their capital to increase their purchasing power, and FPT Securities offers margin trading services for qualified clients. Corporate Advisory includes: Investment Banking Services: FPT Securities provides investment banking services, including capital raising, mergers and acquisitions (M&A), and corporate restructuring, to support corporate clients in achieving their strategic objectives. Corporate Governance Advisory: FPT Securities assists corporate clients in enhancing their corporate governance practices to ensure transparency, accountability, and compliance with regulatory requirements. Performance Improvement Advisory: FPT Securities offers advisory services aimed at helping businesses improve their operational efficiency, financial performance, and overall competitiveness in the market. Fees FPT Securities employs a tiered fee structure for trading listed securities, with fees decreasing as trading volume increases within specified ranges. For bonds, there is a flat transaction fee. Conversely, unlisted securities incur fees based on a percentage of the trading volume, also tiered according to specific volume thresholds. Trading Volume (VND) Listed Securities Fee (%) Unlisted Securities Fee (%) Below 200 million 0.15 0.5 200 million - 1 billion 0.14 0.5 1 billion - 3 billion 0.13 0.4 3 billion - 5 billion 0.12 0.3 5 billion - 10 billion 0.11 0.3 Above 10 billion 0.11 0.3 Trading Time FPT Securities allows cash transactions from Monday to Friday, excluding weekends and holidays. Trading hours are divided into two sessions: morning and afternoon. The morning session runs from 08:00 to 11:30, while the afternoon session operates from 13:00 to 16:00. This schedule provides traders with designated time slots to conduct cash transactions within the specified trading hours on weekdays. Customer Support FPT Securities offers customer support through three offline offices located in Hanoi, Ho Chi Minh City, and Danang. Each office has its own dedicated Customer Service Department with the following contact information: Hanoi Head Office Morning: 08:00 - 12:00 Afternoon: 13:00 - 17:00 Telephone: 19006446, ext 1 Fax: +84 24 3773 9057 Email: fcs@fpts.com.vn Working Hours: Monday to Friday (excluding weekends and holidays) Ho Chi Minh City Branch Morning: 08:00 - 12:00 Afternoon: 13:00 - 17:00 Telephone: 19006446, ext 1 (Direct line: 19006446) Fax: +84 28 6291 0560 Email: fcs@fpts.com.vn Working Hours: Monday to Friday (excluding weekends and holidays) Danang Branch Morning: 08:00 - 12:00 Afternoon: 13:00 - 17:00 Telephone: 19006446, ext 666 Email: fcs@fpts.com.vn Working Hours: Monday to Friday (excluding weekends and holidays) Clients can reach out to these branches during the specified working hours for assistance with inquiries, support, and other service-related matters via telephone, fax, or email. Conclusion FPT Securities offers a range of securities trading and corporate advisory services, support for on-the-go trading, and access to various investment opportunities. However, the company holds no regulation. Traders should be aware of the fees charged for transactions and the potential risks associated with trading with a non-regulated broker. Frequently Asked Questions (FAQs) Q: Can I access my trading account on mobile devices？ A: Yes, FPT Securities provides support for on-the-go trading through the EzMobileTrading app. Q: What time can I trade？ A: Cash transactions are available from Monday to Friday, excluding weekends and holidays. The morning session runs from 08:00 to 11:30, and the afternoon session operates from 13:00 to 16:00. Q: Is FPT Securities regulated or not？ A: No, it is not regulated. Q: Is a demo account available on FPT Securities？ A: No, it is not available. 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.

FPT SECURITIES broker review

Is FPT SECURITIES safe or scam

Rating Index

Fpt Securities Forex Broker - Complete Information Guide

1. Broker Overview

Fpt Securities Joint Stock Company (FPT Securities) was established in 2007 and is headquartered in Hanoi, Vietnam, specifically located at No. 52 Lac Long Quan Road, Buoi Ward, Tay Ho District. The company operates as a publicly held entity and is a prominent player in the Vietnamese financial services market, providing a range of services primarily focused on securities trading and corporate advisory.

Fpt Securities serves a diverse customer base, including individual investors, institutional clients, and corporations. The firm's significant market presence is reflected in its ranking as the third-largest brokerage firm in terms of market share on the Hanoi Securities Exchange, with an impressive 4.41% market share recorded in the third quarter of 2023.

Over the years, Fpt Securities has achieved several milestones, including expanding its service offerings and enhancing its technological infrastructure to meet the growing demands of its clients. The company is part of the FPT Corporation, a leading information technology and telecommunications conglomerate in Vietnam, which holds a 20% stake in Fpt Securities.

The business model of Fpt Securities encompasses retail forex trading, securities brokerage, investment advisory, and corporate finance services. This diverse offering positions the Fpt Securities broker as a comprehensive solution for investors looking to navigate the complexities of the financial markets.

2. Regulatory and Compliance Information

Fpt Securities operates without specific regulatory oversight from recognized financial authorities, which raises concerns regarding the security of client funds and the reliability of its operations. Currently, there is no valid regulatory information available for Fpt Securities, and the firm does not possess any licenses to operate in the financial market.

The absence of regulation means that Fpt Securities does not fall under the supervision of any financial regulatory bodies, leading to a regulatory index of 0.00. Consequently, clients should be aware of the heightened risks associated with trading through an unregulated broker.

Regarding compliance policies, Fpt Securities is expected to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, although specific details about the implementation of these practices are not publicly disclosed. The lack of information on client fund segregation policies and participation in investor compensation funds is another area of concern for potential clients.

3. Trading Products and Services

Fpt Securities provides a wide range of trading products and services tailored to meet the needs of its clients. The broker offers access to various forex currency pairs, including major, minor, and exotic currencies, catering to both retail and institutional traders.

In addition to forex trading, Fpt Securities provides Contracts for Difference (CFDs) across multiple asset classes, including:

Indices: Access to major global indices allows traders to speculate on market movements.
Commodities: Fpt Securities offers trading in commodities such as oil, gold, and agricultural products.
Stocks: Investors can trade shares of publicly listed companies on major exchanges.
Exchange-Traded Funds (ETFs): The broker facilitates trading in ETFs, providing diversified exposure to a basket of assets.

The firm continuously updates its product offerings to meet market demands, although specific information regarding the frequency of updates and the introduction of new products is not readily available.

Fpt Securities also provides retail trading services along with institutional client services, aiming to cater to a broad spectrum of investors. However, details regarding any white-label solutions or asset management services are not disclosed.

4. Trading Platform and Technology

Fpt Securities supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are widely recognized in the forex trading community for their user-friendly interfaces and advanced trading tools.

The broker also offers a web-based trading platform that allows clients to trade directly from their browsers without the need for software downloads. Additionally, Fpt Securities has developed a mobile trading application, EZ Mobile Trading, compatible with both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.

The execution model used by Fpt Securities is primarily Market Making, which may affect the pricing and spreads available to clients. The firm's servers are located in Vietnam, and while specific details regarding the technological infrastructure are limited, it is expected that the broker employs robust cybersecurity measures to protect client information.

Fpt Securities does not publicly provide details about API access or automated trading support, which may limit the options for algorithmic traders.

5. Account Types and Trading Conditions

Fpt Securities offers various account types designed to accommodate different trading preferences and capital levels. The standard account typically requires a minimum deposit, with competitive spreads and commissions based on trading volume.

For advanced traders, the broker may offer VIP or professional accounts, although specific details regarding these account types are not extensively documented. Fpt Securities does not provide a demo account option, which may be a disadvantage for new traders seeking to practice their strategies without financial risk.

Leverage ratios vary depending on the product, with typical leverage options ranging from 1:10 to 1:100. The minimum trade size is generally set at 0.1 lots, allowing for flexibility in position sizing. Overnight fees and conditions for margin trading are not explicitly detailed in the available information.

6. Fund Management

Fpt Securities supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets. The specific minimum deposit requirements vary across account types, and details regarding the exact amounts are not disclosed.

Deposit processing times are generally quick, with many transactions being processed instantly. The broker does not charge deposit fees, which enhances the cost-effectiveness of trading with them.

Withdrawal methods include bank transfers and electronic payment systems, but specific limitations or fees associated with withdrawals are not clearly outlined. The withdrawal processing time may vary, and clients should be aware of potential delays depending on their chosen method.

7. Customer Support and Educational Resources

Fpt Securities provides customer support through multiple channels, including telephone, email, and social media. The support team is available during business hours from Monday to Friday, excluding weekends and holidays.

The broker offers assistance in Vietnamese and English, catering to both local and international clients. Educational resources are limited but may include basic tutorials and market analysis, with daily updates and research reports to help clients make informed trading decisions.

Tools such as trading calculators and economic calendars are typically provided to enhance the trading experience, although specific details about the availability of these tools are not mentioned.

8. Regional Coverage and Restrictions

Fpt Securities primarily serves the Vietnamese market, with a strong presence in major cities such as Hanoi and Ho Chi Minh City. The broker has established regional offices to facilitate client services and support.

However, Fpt Securities may not accept clients from certain countries due to regulatory restrictions. Specific details regarding the countries or regions that are excluded from their services are not clearly disclosed in the available information.

Overall, potential clients should consider the regulatory environment and the absence of oversight when evaluating Fpt Securities as a trading partner.

In conclusion, while Fpt Securities offers a range of trading products and services, the lack of regulatory oversight and limited information about compliance measures may pose risks for investors. As with any broker, it is crucial for clients to conduct thorough research and understand the implications of trading with a non-regulated entity.

This comprehensive overview of Fpt Securities broker should provide potential clients with the necessary insights to make informed decisions regarding their trading activities.

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