OnePlatform Securities Limited (“OPSL”), a wholly-owned subsidiary of Convoy Global Holdings Limited, was founded in 1992. It offers comprehensive and high-quality brokerage services, including margin financing and IPO subscription to meet investors’ various investment needs. OPSL is registered in The Stock Exchange of Hong Kong Limited as an exchange participant and licensed by the Securities and Futures Commission of Hong Kong for Type 1 and Type 4 regulated Activities.
What is OPSL？
OnePlatform Securities Limited (“OPSL”), a wholly-owned subsidiary of Convoy Global Holdings Limited, was founded in 1992. It offers comprehensive and high-quality brokerage services, including margin financing and IPO subscription, to meet investors various investment needs. Regulated by the SFC in Hong Kong, OPSL provides user-friendly trading platforms and ensures a secure and appealing trading environment. However, it does not support forex or cryptocurrency trading, lacks live chat support, and has limited educational resources.
Pros and Cons of OPSL
OPSL is regulated by the SFC in Hong Kong, ensuring a secure and reliable trading environment for its clients. The broker offers user-friendly trading platforms that are easy to navigate, and it provides access to IPOs, making it an attractive option for investors looking to participate in new market offerings. However, OPSL does not support forex or crypto trading, which may limit options for some traders. Additionally, the platform lacks live chat support, which could impact the convenience of customer service. Furthermore, there is limited educational content available, which might be a drawback for traders seeking to expand their market knowledge and skills.
Is OPSL safe？
Regulation
OPSL is currently licensed by the Securities and Futures Commission (SFC) in Hong Kong, under license number ABK353.
What are securities to trade with OPSL？
In the Hong Kong market, OPSL facilitates trading in Hong Kong stocks. For the global market, clients can trade US stocks and a wide range of international stocks. Additionally, OPSL offers trading in warrants, Callable Bull/Bear Contracts (CBBCs), and Exchange-Traded Funds (ETFs).
OPSL Fees Review
OPSL offers a transparent fee structure for trading in various global markets.
For the Hong Kong stock market, the brokerage commission is based on the transaction amount, with a minimum fee of HKD 100 per transaction. Additionally, there is a stamp duty of HKD 1 for every HKD 1,000 of the transaction amount, rounded up to the nearest dollar. The transaction levy is 0.0027% of the transaction amount, the trading fee is 0.00565%, and the CCASS fee is 0.01% of the transaction amount, with a minimum charge of HKD 3.
For the US stock market, the commission is 0.2% of the transaction amount, with a minimum fee of USD 25 per order. There is also an SEC fee of 0.00278% of the transaction amount for sell trades only, with a minimum of USD 0.01.
For global markets, the commission rates vary by country. For example, trading in Australia incurs a commission of 0.50% with a minimum of USD 70, while in Canada, the commission is 0.90% with a minimum of USD 100. Other markets such as Germany, Japan, the Netherlands, Norway, New Zealand, and Switzerland have commissions ranging from 0.45% to 0.55%, with minimum fees from USD 70 to USD 120. In Asia, trading in Taiwan has a commission of 0.35% with a minimum of USD 70, Thailand has 0.43% with a minimum of USD 100, and Korea has 0.4% with a minimum of USD 50. The UK has a commission of 0.4% with a minimum of USD 100, Malaysia has 0.6% with a minimum of USD 100, and Singapore has 0.4% with a minimum of USD 70.
OPSL App Review
OPSL offers a versatile suite of online trading platforms tailored to meet the needs of modern traders. OPSL provides a web-based platform, “Online trade,” and two mobile apps: “OnePlatform Securities Trader” and “OnePlatform Securities Token.”
Customer Service
OPSL, located at AGBA Tower, 68 Johnston Road, Wan Chai, Hong Kong, provides multiple channels of communication for inquiries and complaints. Customers can reach out via the Enquiries Hotline at 3601-3000 or lodge complaints through the Complaint Hotline at the same number. Additionally, communication can be made through fax at 2805-2671 or via email at sec.info@convoy.com.hk. OPSL's customer service operates from 9:00 am to 5:30 pm, Monday to Friday, excluding public holidays, ensuring accessibility and timely assistance for clients' needs.
Conclusion
OPSL stands out with its user-friendly trading platforms and access to IPOs, making it an attractive choice for investors seeking a secure and convenient trading experience. It is particularly suitable for individuals interested in trading Hong Kong stocks and global equities, who prioritize ease of use and access to new market offerings. However, OPSL's lack of support for forex or cryptocurrency trading may restrict options for certain traders. Moreover, the platform offers limited educational content, which may be a drawback for traders aiming to enhance their market knowledge and skills.
FAQs
Is OPSL a safe platform for trading？
Yes, OPSL is licensed by the Securities and Futures Commission (SFC) in Hong Kong, providing a regulated trading environment. However, detailed information regarding fund safety and safety measures is currently unavailable.
Is OPSL suitable for beginners？
While OPSL offers user-friendly trading platforms, its limited educational resources may pose challenges for beginners seeking guidance and learning opportunities.
Is OPSL a legitimate platform？
Yes, OPSL is currently licensed by the Securities and Futures Commission (SFC) in Hong Kong, under license number ABK353.
Risk Warning
The details presented are derived from WikiStock's expert analysis of the brokerage's website data and are subject to potential revisions. Moreover, engaging in online trading carries significant risks, including the possibility of losing the entire investment, underscoring the importance of understanding these risks thoroughly before participating.
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