Horizon Securities was first founded as "Da Shin Securities" in 1961, which was one of the first securities brokers in Taiwan. Through years, Horizon Securities has grown into an integrated securities firm that offers multitude financial services which includes stock brokerage, proprietary trading, underwriting and future trading.
Horizon Securities Infomation
weekdays (Monday to Friday) from 8:00 AM to 5:00 PM Taipei Time (GMT+8)."> Founded in 1961 as Da Shin Securities, Horizon Securities is a Taiwanese integrated securities firm offering various financial services. Over the years, they've grown from a pioneering brokerage to a comprehensive financial institution, including stock brokerage, proprietary trading, underwriting, and futures trading. Publicly listed since 1996, Horizon Securities has expanded through mergers, most recently with Forwin Securities in 2010.
Pros & Cons of Horizon Securities
Pros: Established Track Record: With a long history dating back to 1961, Horizon Securities offers a sense of stability and experience.
Regulated Brokerage: Regulation by the China Taiwan Securities and Futures Bureau (CTSFB) provides a layer of oversight and security.
Mobile App Convenience: Access to trading and market analysis is available through downloadable mobile apps.
Research and analysis: They provide valuable research and analysis through their platforms, empowering clients with informed decision-making based on expert perspectives.
Cons: Not 24/7 support: Unlike some competitors, Horizon Securities does not offer 24/7 customer service support.
Limited geographic focus: Their primary focus on the Taiwan market is not suitable for investors seeking broader global diversification.
Is Horizon Securities Safe？
Regulation
Horizon Securities is regulated by the China Taiwan Securities and Futures Bureau (SFB) under license number 1260. This regulatory oversight helps ensure Horizon Securities operates within a defined framework and adheres to certain standards.
weekdays (Monday to Friday) from 8:00 AM to 5:00 PM Taipei Time (GMT+8).">What are Securities to Trade with Horizon Securities？
Horizon Securities offers a variety of investment products for trading, including stocks, futures, and investment advisory services. However, there's no mention of Horizon Securities offering bonds, options, or cryptocurrencies.
Stocks: This allows investors to invest in individual companies listed on various stock exchanges. When customers buy a stock, they're purchasing a share of ownership in that company.
Futures: Futures contracts are agreements to buy or sell an asset at a predetermined price on a specific future date. They are often used to speculate on the price movements of commodities, indices, or currencies.
Horizon Securities Accounts
weekdays (Monday to Friday) from 8:00 AM to 5:00 PM Taipei Time (GMT+8)."> Horizon Securities offers a variety of account types to suit different needs.
Securities Account: This is the standard account for buying and selling investment products like stocks, bonds, or mutual funds.
Bank Account: While less common for investment firms, some offer integrated bank accounts for holding cash associated with customers' investments.
Credit Account: This account allows customers to borrow money to invest in securities. Customers should have an existing securities account with any firm for more than 3 months and have an active trading history with a cumulative transaction amount reaching 50% of the requested credit limit within the past year.
Trading Account: This is an account for trading over-the-counter (OTC) stocks at Horizon Securities. Opening an OTC trading account requires having an existing standard trading account and a custody transfer account. Customers need to sign a risk notice acknowledging the potential risks of OTC stocks.
Horizon Securities Fees Review
weekdays (Monday to Friday) from 8:00 AM to 5:00 PM Taipei Time (GMT+8)."> Horizon Securities charges various fees for trading activities.
Handling Fees: Manual Orders: 1.00% minimum with a minimum charge of 50 HKD/RMB.
Electronic Orders: 0.50% minimum with a minimum charge of 40 HKD/RMB.
Transaction Fees: Transaction Levy: 0.00285%.
Stamp Duty: 0.1% (minimum charge: HK$1/RMB).
Transaction Fee: 0.00565%.
Settlement Fee: 0.01% (minimum charge: 3 HKD/RMB, maximum: 300 HKD/RMB).
Other Fees (unspecified, vary depending on the situation).
Non-Transaction Costs: Dividend Handling: 0.5% of cash dividends (minimum HKD 30 or equivalent).
Share Distribution: Fixed fee of HKD 30 or equivalent in other currencies.
Registration Transfer Fee: HKD 2.5 per lot or equivalent in other currencies.
Horizon Securities App Review
weekdays (Monday to Friday) from 8:00 AM to 5:00 PM Taipei Time (GMT+8)."> Horizon Securities offers mobile applications for trading and market analysis. These apps, named HR_HTS, HON, and Honsec, are available for download on iOS and Android devices from the Apple Store and Google Play, respectively. Once downloaded, users can log in with their existing Horizon Securities account credentials to access the platform's features.
Research & Education
weekdays (Monday to Friday) from 8:00 AM to 5:00 PM Taipei Time (GMT+8)."> Horizon Securities offers a variety of research and educational resources for investors.
Stock Research Reports: Horizon Securities provides research reports analyzing individual stocks, helping investors make informed decisions.
Fund Market Research: They offer research on various investment funds, including mutual funds, ETFs, or private equity funds. This includes overviews of overseas funds or analysis of specific fund types.
Latest News: Horizon Securities updates recent market developments or relevant financial news.
Customer Service
Horizon Securities offers customer service through phone support, email contact, and physical address. Service hours are
weekdays (Monday to Friday) from 8:00 AM to 5:00 PM Taipei Time (GMT+8).
Tel: 02-2700-8899 ,0800-031-122
Email: service@honsec.com.tw
Address: 3-5 and 7 Fl., No. 236, Sec. 4, Hsin-I Rd. Taipei, Taiwan 106, R.O.C.
Conclusion
Horizon Securities is a Taiwanese integrated securities firm offering a variety of financial services, including stock brokerage, futures trading, and investment advisory services. It has a long history, established in 1961, and regulated under the China Taiwan Securities and Futures.
FAQs
Is Horizon Securities a good platform for beginners？
No. Horizon Securities' focus on futures contracts may be complex for beginners. For a better fit, beginners can seek platforms with simpler account options.
Is Horizon Securities legit？
Yes. Horizon Securities is regulated by the China Taiwan Securities and Futures Bureau (SFB), under license number 1260
Is Horizon Securities good for investing/retirement？
Horizon Securities offers stocks and futures. Stocks can be suitable for long-term investing, while futures are complex and carry high risks.
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.
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