MorrisonBasic InformationCompany NameMorrisonFounded1985HeadquartersAustralianRegulationsRegulated in Australia, STP license no. 241737Tradable AssetsCash equities, equity options, warrants, ETFs, XTBs, LICs, LITs, TracersSolutionTailored trading solutions for diverse client needsTrading PlatformsIress, TradeCentre, TradeFloor, Refinitiv Eikon, Bloomberg TerminalCustomer SupportEmail(contactus@morrisonsecurities.com), phone(1300 130 545)Education ResourcesMarket data, real-time analyticsOverview of Morrison Morrison Securities Pty Limited excels as a multifaceted financial services provider, delivering a wide array of trading instruments and specialized solutions tailored for an extensive clientele. Operating with a license from Australian regulatory bodies since 2004, Morrison is committed to ensuring secure and compliant trading operations. The firm's platform-agnostic approach allows it to offer various trading interfaces, including both proprietary and third-party solutions, thus accommodating the specific preferences of individual traders and large institutions alike. Is Morrison Legit？ Morrison Securities Pty Limited is regulated in Australia. The license, categorized as Straight Through Processing (STP), is issued under the license number 241737, with an effective date from March 1, 2004. This confirms that Morrison Securities operates under the oversight of Australian regulatory authorities.Pros and Cons Morrison Securities offers a diverse array of trading platforms and instruments, appealing to a broad range of traders looking for flexibility and depth in market participation. Their adherence to regulatory standards in Australia ensures a secure trading environment, which is a significant advantage. Additionally, the firm's customer support is noted for being responsive and helpful, providing essential assistance when needed. However, Morrison falls short in the areas of educational resources and promotional offerings, which are somewhat limited compared to industry leaders. This could be a drawback for new traders seeking extensive learning tools and for experienced traders who appreciate value-added bonuses.ProsConsDiverse trading platforms and instrumentsLimited educational resourcesRegulated and secure trading environmentNo bonus offeringsResponsive customer supportTrading Instruments Morrison Securities provides a wide range of trading instruments, connecting to major exchanges in Australia for seamless execution. They are a member of the ASX, Cboe Australia, NSX, and SSE Exchanges. Their offerings include cash equities, equity options (both single stock and index at Level 1 and Level 2), warrants, ETFs (Exchange Traded Funds), XTBs (Exchange Traded Bonds), LICs (Listed Investment Companies), LITs (Listed Investment Trusts), and Tracers (Cboe Australia US stocks - Transferable Custody Receipts). This diverse portfolio allows clients to trade various financial products across different asset classes.Solutions Morrison Securities offers tailored 'white-label' solutions for clients including financial advisers, wealth managers, active traders, fund managers, and fintech platforms. As a market participant on the ASX, Cboe Australia, NSX, and SSX, Morrison provides specialized services tailored to distinct client categories: 1. Financial Advisers and Wealth Managers - Solutions designed to enhance portfolio management and client advisory services. 2. Fund Managers, Traders, and High Net Worth Individuals - Offers tools and services for sophisticated trading and investment management. 3. Fintechs and Developers - Provides APIs for integration and development of customized fintech applications.How to Open an Account To open an account with Morrison Securities, complete the necessary account maintenance forms available on their website. These forms include the Account Name Amendment Form, Authority to Operate an Account, Change of Contact Details, Income Direction, Direct Debit Request, and the 100 Point ID List. Once completed, send the forms to accounts@morrisonsecurities.com. This process ensures that all pertinent details are correctly registered and updated for account setup and maintenance.Trading Platforms Morrison Securities offers a diverse and adaptable range of trading platforms, being completely platform agnostic. They provide several software options tailored to various trading needs, including order placement, watchlists, client portfolio viewing, and advanced charting packages. Key platforms supported include Iress (Viewpoint, Web, Pro), TradeCentre (Bourse Analyser, TC Web, TC Wealth), TradeFloor for options trading and risk management, the Refinitiv Eikon platform, and the Bloomberg Terminal EMSX. Additionally, Morrison accommodates traders who prefer to use their own tools with support for FIX protocols, web services, and APIs.Education Resources Morrison Securities offers educational resources primarily focused on market data and real-time analytics. These resources are designed to enhance trading decisions and market understanding for both individual traders and institutional clients, providing them with timely and critical information to navigate various financial markets effectively.Customer Support Morrison Securities offers customer support from their head office located at Level 9, 255 George Street, Sydney, NSW 2000, Australia. Clients can contact them via email at contactus@morrisonsecurities.com. For postal correspondence, their address is PO Box R508, Royal Exchange, NSW 1225, Australia. Additionally, they provide a dedicated phone line for advisers at 1300 130 545.User reviews User 1: “I've been using Morrison for a couple of years now, mainly for trading ETFs and options. Their platforms like Iress and Bloomberg Terminal are pretty solid, very reliable for real-time data, which is crucial for my trading decisions. But, I gotta say, the lack of any bonuses or promos does sting a bit, especially when you see other brokers throwing out perks.” User 2: “Honestly, Morrison‘s customer support is on point. They really help you out with any issues, fast responses every time I needed them. And the range of assets I can trade there is impressive; got everything from equities to those niche Tracers. Though I wish they’d beef up their educational offerings, feels a bit bare-bones compared to others Ive used.”Conclusion Morrison Securities combines regulatory compliance with a broad spectrum of trading instruments to cater to a diverse client base. The firm's strength lies in its adaptable trading platforms and dedicated customer service, enhancing the trading experience for users at all levels. However, the lack of bonus offerings might be a drawback for some traders. Overall, Morrison remains a reliable choice for those seeking a regulated and well-supported trading environment in Australia.FAQs What types of assets can I trade with Morrison Securities？You can trade a variety of assets including cash equities, equity options, ETFs, and more. How can I contact Morrison Securities for support？You can reach them via email at contactus@morrisonsecurities.com or by phone at 1300 130 545. What trading platforms does Morrison offer？Morrison offers several platforms such as Iress, TradeCentre, and Bloomberg Terminal, among others. Is Morrison Securities a regulated entity？Yes, Morrison is regulated in Australia, holding an STP license since 2004. Does Morrison Securities provide any educational resources？Yes, Morrison provides market data and real-time analytics as part of its educational resources.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.