Open Securities Review SummaryFounded1994Registered Country/RegionHong KongRegulationRegulated by Securities and Futures Commission (SFC), License No.: ACS694Market InstrumentsHong Kong Stocks, Hong Kong Futures, U.S. Stocks, Asset Management ServicesDemo Account/Leverage/Spread/Trading PlatformWeb Trade, Longport Mobile App (iOS, Android)Min Deposit$5,000 per transactionCustomer Support- Phone:(852) 3405-7355- Email: cs@opensecltd.com- Address: Room 3208–09, 32/F, Tower 6, The Gateway, Hong KongOpen Securities Information Based in Hong Kong, Open Securities is an SFC-regulated broking with licence number ACS694. The company specialises in asset management, Hong Kong futures, trading Hong Kong and U.S. equities, It meets different trading preferences by providing clear pricing and supporting both web-based and mobile trading systems.Pros and ConsPros Cons Regulated by Hong Kongs SFCMinimum deposit of $5,000 requiredClear fee structureLimited product rangeSupports web and mobile platformsIs Open Securities Legit? Hong Kong's Securities and Futures Commission regulates Open Securities Limited. Licence ACS694 covers “Dealing in futures contracts,” which the company owns. The SFC regulates Open Securities Limited to ensure it follows Hong Kong law and standards, giving it credibility and compliance in its financial operations.What Can I Trade on Open Securities? Open Securities offers trading services primarily in the Hong Kong stock market, along with U.S. stocks and futures.Tradable Instruments Supported Hong Kong Stocks✔Hong Kong Futures✔U.S. Stocks✔Asset Management Services✔Account Types The brokerage provides two main account types:Cash Account: For non-leveraged stock trading in Hong Kong, using only available funds.Margin Account: Allows for leveraged trading, enabling clients to trade on borrowed funds.，Open Securities Fees Open Securities charges trading and non-trading fees that are comparable to Hong Kong securities trading industry rates.InstrumentSpreadCommission per TransactionAdditional CostsHong Kong StocksNot specifiedNegotiable, 0.25% of transaction amount (Min HK$100)Stamp Duty, Transaction Levy, Trading Fee, CCASS FeeShanghai A / Shenzhen A StocksNot specifiedNegotiable, 0.25% of transaction amount (Min CNY50)Stamp Duty (0.10% on seller side), Securities Management Fee, Handling Fee, Transfer FeeU.S. StocksNot specifiedNegotiable, 0.25% of transaction amount (Min US$20)Extra US$0.01 per share if price < US$5Non-Trading FeesServiceCurrencyFee DetailsBrokerage Commission (HK Stocks)HKDNegotiable, 0.25% on transaction amount (Min HK$100)Stamp Duty (HK Stocks)HKDHK$1.30 per HK$1,000 transaction (for both buyer and seller)Transaction Levy (SFC)HKD0.0027% on transaction amountTrading Fee (SEHK)HKD0.00565% on transaction amountCCASS FeeHKD0.002% on transaction amount (Min HK$2, Max HK$100)Dividend Collection Fee (HK Stocks)HKD0.50% on dividend amount (Min HK$25)Settlement Instruction (SI)HKDHK$50 per transaction (Delivery Instructions)Custody FeeHKDFree (exempted by TCCS)Returned ChequeHKDHK$200 per returned chequeIPO Application (Manual)HKDNon-financing: HK$50 per application; Financing: HK$100 (if applicable)Dividend Collection Fee (Shanghai A / Shenzhen A)CNY0.50% on dividend amount (Min CNY30)U.S. Stock Dividend TaxUSD30% on dividend amount (Min US$0.05)Settlement Instruction (U.S. Stocks)USDUS$100 per delivery transaction; US$30 per receipt transactionTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable for What Kind of TradersWeb Trade✔Web BrowserTraders who prefer browser access, direct and flexible access optionsLongport Mobile App✔Mobile (iOS, Android)Traders needing mobile access, with login options including SMS verification, account credentials, and QR code scan for secure loginDeposit and Withdrawal Open Securities does not charge fees for deposits. However, withdrawals may incur bank charges, especially for international transfers. The minimum deposit required per transaction is $5,000.Deposit & Withdrawal MethodFeesProcessing TimeCheck Payment (Local)NoneNext business dayBank Transfer (Local)Varies by bankSame dayInternational TransferBank fees apply1-2 business days after request