星河證券

Starriver Securities
WikiStock Rating	⭐️⭐️⭐️
Account Minimum	Not mentioned
Fees	Contact a customer service officer for details
Account Fees	The custody fee and dormant account fee are waived
Interests on Uninvested Cash	Not mentioned
Margin Interest Rates	Not mentioned
Mutual Funds Offered	Not mentioned
App/Platform	Starriver Securities app for IOS and Android devices
Promotions	Not mentioned

Starriver Securities Information

　　Starriver Securities is a Hong Kong-based financial institution offering securities brokerage services. It is licensed by the Hong Kong Securities and Futures Commission (SFC) under central code BJG526. Starriver Securities offers a smartphone trading platform for individual and institutional clients, both in Hong Kong and overseas, to invest in securities listed on the Stock Exchange of Hong Kong, spot market derivatives. Clients can also access account information through the platform.

Pros & Cons of Starriver Securities

　　Formal regulation: Starriver Securities is regulated by the Securities and Futures Commission of Hong Kong (SFC) under license number BJG526.

　　Mobile App: They offer a mobile app for various functionalities like market information and account opening.

　　Investment options: Starriver Securities offers a variety of investment products beyond just stocks, including complex instruments like warrants and bull/bear contracts.

　　Security measures: Starriver Securities uses two-factor authentication (2FA) as a security measure for online investment services.

　　Not 24/7 support: Unlike some competitors, Starriver Securities does not offer 24/7 customer service support.

　　Lack of transparency: The website lacks crucial details on commissions and fees, research availability.

　　Limited educational resources: Starriver Securities provides limited access to educational resources.

Is Starriver Securities Safe？

　　Regulation

　　Starriver Securities is licensed by the Securities and Futures Commission of Hong Kong (SFC) under license number BJG526. This license allows them to engage in a range of activities including dealing in securities (Type I), advising on securities (Type IV), and providing asset management (Type IX).

　　Safety Measures

　　Starriver Securities uses two-factor authentication (2FA) as a security measure for online investment services. This suggests that Starriver Securities prioritizes security for their clients, as 2FA is a common practice employed by many financial institutions to add an extra layer of protection when accessing online accounts.

What are Securities to Trade with Starriver Securities？

　　Starriver Securities suggests offering a range of investment products beyond just stocks listed on the Hong Kong Stock Exchange. While specifics are limited, they mention selling fund derivative warrants and callable bull/bear contracts. Warrants derive value from the performance of underlying assets like funds, while bull/bear contracts allow gains from rising or falling markets but have built-in call or bear provisions. The website doesn't explicitly list other tradable securities like bonds or ETFs.

Starriver Securities Accounts

　　Starriver Securities offers account opening for both individuals and institutions, allowing them to trade securities. However, they seem to require in-person visits to their Hong Kong office to complete the account opening process. The website suggests calling their customer service number (+852 3582 4885) to schedule an appointment beforehand.

Starriver Securities Fees Review

　　Starriver Securities' website doesn't explicitly list their commission fees for securities trading. They advise contacting a customer service officer for details on this crucial cost. However, they do outline several other fees that apply to each transaction:

　　Government and regulatory fees: A transaction levy (SFC), trading fee (SEHK), and AFRC transaction levy are charged by various governing bodies, with minimum charges outlined.

　　Stamp duty: A stamp duty is applied by the Hong Kong government, based on the transaction amount.

　　Platform fee: Starriver Securities charges a platform fee of HK$15 per transaction.

　　Clearing fee: A CCASS fee, charged by the Central Clearing and Settlement System, is based on the transaction amount with a minimum fee.

Starriver Securities App Review

　　Starriver Securities has a mobile app compatible with Android and iOS devices. The app offers functionalities like market information including access to real-time or delayed stock quotes, news, and market analysis tools to help you make informed investment decisions, account opening allowing customers to initiate the account opening process directly from their phone, simplifying the experience and fund flow enabling investors to monitor account activity, including deposits, withdrawals, and transaction history.

Customer Service

　　Starriver Securities offers a few methods for contacting customer service.

　　Phone: They provide a phone number, (+852) 3582 4885, for contacting their Hong Kong office during business hours, Monday to Friday from 9:00 am to 5:30 pm.

　　Email: An email address, info@starriversec.com, allows for written inquiries.

　　Address: Room 2402, Wing On Centre, 111 Connaught Road Central, Hong Kong

Conclusion

　　Starriver Securities is a Hong Kong-based securities broker offering a variety of investment products. It is regulated by the SFC, a legitimate body in Hong Kong. There are some advantages, such as a mobile app and a variety of investment options. However, drawbacks exist. The website lacks transparency on fees, commissions and interest rates. The focus on complex products might not suit beginners, and the lack of information on research and education makes it difficult to assess their expertise.

FAQs

　　Is Starriver Securities safe to trade？

　　Starriver Securities is licensed by the Hong Kong Securities and Futures Commission (SFC) under number BJG526, and it utilizes two-factor authentication (2FA) as a security practice.

　　Is Starriver Securities a good platform for beginners？

　　Its lack of transparency on fees and commissions makes it difficult for beginners to make informed decisions.

　　Is Starriver Securities legit？

　　Starriver Securities is licensed by the Securities and Futures Commission of Hong Kong (SFC) under license number BJG526.

Risk Warning

　　The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.