Broker Information
Unicorn Securities Company Limited
Unicorn Securities
Regulated
Platform registered country and region
Hong Kong
+852 3421-1271
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Company Summary
http://www.pecunia.com.hk/index.html
Website
Single Core
1G
40G
Unicorn Securities | Basic Information |
Company Name | Unicorn Securities |
Founded | 2021 |
Headquarters | Hong Kong |
Regulations | Regulated by the Securities and Futures Commission (SFC) |
Products and Services | Offers trading in stocks, options, ETFs, and private equity funds |
Fees | Charges include USD 2.99 per transaction for U.S. stocks, with variable fees for larger volumes; HKD 30.00 per transaction for Hong Kong stocks, with a 0.1% fee and additional government levies |
Customer Support | Main line: +852-3421-1271, IB service line: +852-2156-7907 with Mandarin service option |
Education Resources | Includes a Q&A section explaining account setup, trading options, and trading conditions |
Unicorn Securities is a dynamic brokerage firm founded in 2021 and based in Hong Kong, regulated by the Securities and Futures Commission (SFC). The firm specializes in offering a range of investment opportunities, including stocks, options, ETFs, and private equity funds. It features competitive fees, such as USD 2.99 for U.S. stock transactions and variable fees for larger trades, along with HKD 30.00 for transactions in Hong Kong stocks, supplemented by additional government levies. Unicorn Securities enhances client experience with comprehensive customer support available in multiple languages and an educational platform that includes detailed Q&As on trading practices and account management, making it a reliable choice for both novice and experienced investors.
Unicorn Securities is regulated by the Securities and Futures Commission (SFC) of Hong Kong. The firm holds a license for dealing in futures contracts, with the license number ACD947. This indicates that Unicorn Securities operates in compliance with the regulatory standards set forth by the SFC, which oversees and ensures proper conduct within Hong Kong's securities and futures markets.
Unicorn Securities, regulated by the SFC, offers a secure trading environment and provides a diverse array of investment options such as stocks, options, ETFs, and private funds, catering to various investor preferences. The firm also supports a multilingual customer base, including Mandarin-speaking clients. However, as a new entity established in 2021, Unicorn Securities has not yet built a lengthy track record, which may concern some investors. Additionally, its fee structure is complex and includes various additional levies, which could be a deterrent. The firm's operations are primarily centered in Hong Kong, potentially limiting its appeal to those seeking a more globally oriented brokerage. This blend of robust security and service options with certain operational limitations makes Unicorn Securities a mixed yet promising option for investors.
Pros | Cons |
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Unicorn Securities offers a range of investment products including stocks, options, exchange-traded funds (ETFs), and private equity funds. These offerings enable clients to diversify their investment portfolios across various asset classes and market sectors.
Unicorn Securities charges the following fees for trading:
U.S. Stocks: USD 2.99 per transaction. For trades exceeding 300 shares, the fee is USD 0.01 per share.
Hong Kong Stocks: HKD 30.00 per transaction, or 0.1% of the transaction amount, whichever is higher. Additionally, the Hong Kong government levies a stamp duty and handling fee totaling 0.1097% of the transaction amount.
To open an account with Unicorn Securities, follow these simple steps:
Create a username and password.
Confirm your email address.
Complete the application form.
Unicorn Securities offers customer support via two phone lines: the main line at +852-3421-1271 and an Interactive Brokers (IB) service line at +852-2156-7907 with option 3 for Mandarin service.
Unicorn Securities provides educational resources that include a detailed Q&A section covering topics such as account setup, trading options like regular and Reg T margin trading, and the specific conditions associated with these trading methods. This helps clients efficiently navigate the trading platform and make informed decisions.
Unicorn Securities, a brokerage firm established in 2021 and regulated by the Securities and Futures Commission of Hong Kong, offers a secure and diverse trading platform that includes stocks, options, ETFs, and private funds. The firm's commitment to regulatory compliance and a broad range of investment products cater to various investor needs, enhanced by robust multilingual customer support. However, as a relatively new market entrant, Unicorn Securities lacks the extensive track record that some investors might seek. Additionally, its complex fee structure, including various additional levies, along with its primary focus on the Hong Kong market, may limit its appeal to those looking for more straightforward fee arrangements or a more international focus. Despite these challenges, Unicorn Securities stands out as a promising option for investors prioritizing security and diversity in their trading choices.
Q: What kind of regulatory oversight does Unicorn Securities operate under?
A: Unicorn Securities is governed by the Securities and Futures Commission of Hong Kong, ensuring a secure and compliant trading environment.
Q: Can you describe the investment opportunities available through Unicorn Securities?
A: Unicorn Securities provides a variety of investment options including stocks, options, ETFs, and private equity funds, catering to diverse investment preferences.
Q: How does Unicorn Securities charge for its trading services?
A: The firm implements a fee structure that includes USD 2.99 for each U.S. stock transaction, with additional fees for larger transactions; and HKD 30.00 per Hong Kong stock transaction, plus a percentage-based fee and government levies.
Q: What languages does Unicorn Securities offer for customer support?
A: Customer support is available in multiple languages, including Mandarin, through dedicated phone lines to assist a wide range of clients.
Q: What challenges might I face with Unicorn Securities as a new investor?
A: New investors should be aware that Unicorn Securities was established in 2021, so it may lack the long-term track record some might seek. Also, the fee structure can be complex due to variable charges and additional levies.
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.
Unicorn Securities Company Limited
Unicorn Securities
Regulated
Platform registered country and region
Hong Kong
+852 3421-1271
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Company Summary
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