What is Forthright？
Forthright Securities is an international financial institution based in Hong Kong. It was established in August 2015 and is regulated by SFC. With a strong focus on serving clients both in mainland China and globally, Forthright aims to provide a wide range of investment products and services to individual and institutional investors.
It offers securities and futures brokerage services, allowing clients to trade in various markets, including Hong Kong stocks, U.S. stocks, and futures. The company's trading platforms are designed to be efficient, user-friendly, and equipped with professional tools to support clients in making informed investment decisions.
If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.
Pros & Cons
Pros:
- Regulated by SFC: Forthright being regulated by the Securities and Futures Commission (SFC) ensures that it operates within certain guidelines, providing a level of trust and oversight for clients.
- Trading Software Provided: Forthright offering Forthright trading software allows clients to conveniently access and participate in trading activities.
- Protection Measures Provided: Forthright implements security measures such as closed-loop business technology to protect clients' information and funds, ensuring a level of safety and peace of mind.
- Phone and Email Support: The availability of phone and email support means that clients can reach out to Forthright for assistance or inquiries, potentially enhancing the overall customer service experience.
- Global Presence: Forthright's global presence suggests that it offers access to international markets, providing clients with a wider range of investment opportunities.
Cons:
- No Social Media Presence: Forthright not having a social media presence can limit its ability to engage with clients and share updates or educational content.
- Limited Information about Deposit and Withdrawal: With limited information available regarding deposit and withdrawal processes, it causes uncertainty or confusion for clients seeking to manage their funds.
- Limited Product Offerings: While Forthright offers a range of services, it dees not have as wide a variety of products compared to other financial institutions.
Is Forthright Safe or Scam？
Forthright Securities is overseen and regulated by the independent statutory body, the Securities and Futures Commission (SFC). The SFC was established in 1989 and is responsible for regulating Hong Kong's securities and futures markets. Forthright holds a license from the SFC (License No. BGP713) specifically for dealing in futures contracts.
Forthright claims to offer some protection measures including self-developed middle and back-office settlement system. Forthright has developed its own proprietary settlement system, which helps create a closed-loop business technology. This allows Forthright to have full control over the security and privacy of user information, minimizing the risks associated with third-party systems.
While Forthright operates under regulatory supervision and endeavors to provide a secure trading environment, it is important for traders to acknowledge that investing always carries some level of risk. Engaging in thorough research and careful consideration of investment options is crucial for individuals to make informed decisions.
Services & Products
Forthright is a financial services company that offers a diverse range of investment products and services to individual and institutional investors.
- Investment in 1000+ Hong Kong and US stocks, ETFs, REITs, futures, contracts, and other securities derivatives:
Forthright provides a platform for investors to trade and invest in a wide range of securities, including stocks, exchange-traded funds (ETFs), real estate investment trusts (REITs), futures, and other derivatives. This allows investors to build a diversified portfolio and take advantage of various investment opportunities.
- Investment products:
Forthright offers a variety of investment products, including currency funds, bond funds, hybrid funds, and equity funds. These products cater to different investment needs and risk appetites, allowing investors to choose investments that align with their financial goals.
- Global securities and futures brokerage services:
Forthright provides brokerage services for both individual and institutional investors, offering access to financial markets around the world. This includes facilitating trades in international stocks, futures contracts, and other financial instruments.
Commissions
Forthright Securities applies varying commission fees for trading futures, Hong Kong stocks, and U.S. stocks. For instance, when it comes to U.S. stock trading, clients will be charged 0.08% for online trading, but not less than $0.006 per share with a minimum charge of $5. If traders opt for telephone trading, they will be charged 0.25% or not less than $0.006 per share with a minimum charge of $25.
For more details on the specific commission rates, clients can visit Forthright Securities' website or click on the following link： https://www.forthright-sec.com/en/spread.
Trading Platforms
Forthright offers a safe, reliable and easy-to-operate trading software to participate directly into the Hong Kong Stock Exchange. The platform is protected by the technical level of Alibaba Cloud and CDN protection services to ensure maximum security.
The platform has made heavy investments to ensure the security of real-time market price data. All market price data of Forthright Securities are authorized directly by the US Nasdaq Stock Exchange, Hong Kong Stock Exchange and Shanghai Stock Exchange. The data is transmitted via a cross-sea dedicated line and top-level hardware configuration that supports real-time orders and speedy synchronization of global market data.
The parent company of Forthright Securities has developed an APP that aims to provide a comprehensive software platform support to satisfy all kinds of clients. It supports MacOS, Windows, Android, and IOS. The platform also includes Forthright's School, helping clients quickly get started on the Hong Kong and US stock markets. Additionally, the Trading Star Community offers direct dialogue with profitable masters for its clients.
Customer Service
Customers can visit their office or get in touch with customer service lines using the information provided below:
Monday to Friday 9:00~18:00 (Except public holidays)
Telephone: 400-100-1359 / (852) 2957-6133
Email: info@forthright-sec.com
Fax: (852) 2957-6166
Address: Forthright Securities Company Limited | Units 3308-3309, 33/F Cosco Tower, Grand Millennium Plaza, 183 Queens Road Central, Sheung Wan
Conclusion
In conclusion, Forthright Securities is a global financial institution, offering a range of products and services in the securities and futures brokerage industry. Forthright is regulated by SFC, ensuring that it operates under the necessary regulatory framework. In terms of safety, Forthright strives to provide a secure and dependable trading environment for its clients.
Overall, Forthright is dedicated to delivering quality customer service, efficient trading platforms, and a wide range of investment opportunities. With its regulated status and commitment to security, Forthright aims to provide a reliable and trustworthy option for individual and institutional investors seeking financial services in the global markets.
Frequently Asked Questions (FAQs)
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.
