JQ Securities (Hong Kong) Limited (Former Name: Thor Asset Management Limited) (“JQ Securities”) is a company incorporated in Hong Kong in 2017, which is a financial institution licensed with the HKSFC (CE No. BLF248) to conduct regulated activities including dealing in securities (Type 1), advising on securities (Type 4) and asset management (Type 9). JQ Securities is a participant of the HKEX and has the securities and futures business license of the PRC to be allowed to operate domestic securities investment business. In Nov 2020, JQ Securities was approved by the CSRC to obtain the QFII qualification, becoming one of the first 16 foreign-funded institutions to obtain the qualification after the implementation of the new QFII regulations that year.
Note: The details presented in this review are subject to potential modifications due to the ongoing updates to the company's offerings and policy adjustments. Additionally, the relevance of this review's information may be influenced by the original publication date, as service details and policies may have evolved since that time. Hence, it's crucial for readers to seek out the most current information directly from the company prior to making any decisions or initiating actions based on this review. The responsibility for utilizing the information provided herein lies entirely with the individual reader.
Should there be any discrepancies between visual and written materials in this review, the written information takes precedence. Nonetheless, for a more comprehensive understanding and updated details, accessing the company's official website is highly recommended.
What is JQ Securities？
JQ Securities Limited was established in China Hong Kong in 2017. In addition to brokerage services, the company also ventures into asset management and engages in the debt capital market.
Pros & Cons
Pros:
App Available: JQ Securities offers a mobile trading application (LongPort) that is compatible with both Android and iOS devices, allowing users to trade and manage their accounts on the go.
Regulated: JQ Securities operates under a license issued by the Securities and Futures Commission (SFC) of Hong Kong, which adds an extra layer of protection and users' security.
Cons:Is JQ Securities Safe？
Regulation
JQ Securities holds a license with the number BLF248, which is issued by the Securities and Futures Commission (SFC) of Hong Kong, which is the statutory body responsible for regulating the securities and futures markets in Hong Kong and overseeing the conduct and operation of the market participants.
Funds Safety
JQ Securities does not provide extra insurance for its users. In this case, the risks users encounter in investing will not be covered.
Safety Measures
So far, we haven't found any information about the security measures applied for users by JQ Securities.
What Securities Can You Trade With JQ Securities？
JQ Securities offers a certain range of securities. These include:
HK and US Shares: JQ Securities enables investors to trade shares in the HK and US markets, leveraging their strategic partnership with Long Bridge Technology to ensure a seamless and efficient trading experience.
IPO Subscription: Investors have the opportunity to subscribe to Initial Public Offerings (IPOs), allowing them to purchase shares in a company as it goes public.
Securities Financing: This service provides investors with the necessary leverage or capital to trade securities, enhancing their buying power and potential investment opportunities.
Discretionary Investment: For clients who prefer not to manage their own investments, JQ Securities offers discretionary investment services where investment decisions are made on behalf of the clients by qualified portfolio managers.
JQ Securities Fees Review
JQ Securities charges a variety of fees for trading HK and US shares.
For HK shares, the commission for online system trading will be 0.1% (minimum 50 HKD). For telephone-entrusted trading, the commission will be 0.15% (minimum 100 HKD). There will be a stamp duty of 0.1% (if less than 1 HKD, count as HKD). For US shares, the commission will be 0.005 USD per share (min 2 USD per transaction).
JQ Securities App Review
JQ Securities providesits own mobile trading app, LongPort, designed to facilitate on-the-go trading and enhance convenience for its users. This app is tailored for both Android and iOS users and can be downloaded by scanning a QR code available on the official JQ Securities website on the page https://en.jqshk.com/zqjj.html.
Customer Service
JQ Securities provides a certain range of customer support channels from 9:00 am – 5:30 pm from Monday to Friday (not available on Saturday, Sunday, and public holidays). These include:
Telephone: +852 2685 5988
Fax: +852 2685 5911
Email: settlement@jqshk.com
Company Address: Room 1601-3, 16/F, Tai Tung Building, 8 Fleming Road, Wan Chai, Hong Kong.
Conclusion
As a broker, JQ Securities is regulated currently and supports app trading. However, multiple fees are charged for trading with JQ Securities, so users need to check the details on fees carefully.
FAQs
Is JQ Securities regulated？
Yes, it is regulated by the SFC.
Can I trade on the go？
Yes. JQ Securities provides its mobile app, LongPort.
Does it support MT4/5？
No, it supports neither.
Is there a stamp duty？
Yes. For HK shares, there is a stamp duty of 0.1%.
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.
China Hong Kong 
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