Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

BRIGHT SMART SECURITIES

Hong Kong|10-15 years|
Leveraged foreign exchange trading|Suspicious Scope of Business|Medium potential risk|

https://www.bsgroup.com.hk/brightsmart_eng/index.aspx

Website

Rating Index

Contact

(852)25 371 371
online@bsgroup.com.hk
https://www.bsgroup.com.hk/brightsmart_eng/index.aspx
https://www.facebook.com/bsgroup1428

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2024-04-24
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Users who viewed BRIGHT SMART SECURITIES also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

IsandisoFX

7.50
Score
1-2 yearsRegulated in South AfricaFinancial Service CorporateMT5 Full License
Official website

GMI

7.46
Score
5-10 yearsRegulated in United KingdomStraight Through Processing(STP)MT4 Full License
Official website

MultiBank Group

8.59
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

BRIGHT SMART SECURITIES · Company Summary

BRIGHT SMART SECURITIES Review Summary
Founded 1995
Registered Country/Region Hong Kong
Regulation SFC (Regulated)
Market Instruments FUTURES AND OPTIONS, SPOT GOLD AND SILVER, LEVERAGED FOREIGN EXCHANGE
Demo Account Unavailable
Trading Platforms Mobile trading APP, SP Trader Pro APP, MetaTrader4 APP
Customer Support Phone Number: (852) 25371371
Fax:+357 25258039;
Email: online@bsgroup.com.hk
Live chat

What is BRIGHT SMART SECURITIES?

BRIGHT SMART SECURITIES is a brokerage firm based in Hong Kong that offers a wide range of trading instruments across various asset classes, including futures and options, spot gold and silver, and leveraged foreign exchange. Founded in 1995, the company provides clients with access to multiple trading platforms, including mobile trading apps, SP Trader Pro, and MetaTrader 4.

BRIGHT SMART SECURITIES is regulated by the Securities and Futures Commission of Hong Kong (SFC), ensuring compliance with established standards and providing investors with a level of credibility and trustworthiness. Additionally, the broker facilitates deposits and withdrawals via Faster Payment Service (FPS) transfers, offering convenience and efficiency to clients.

BRIGHT SMART SECURITIES‘ homepage

Pros & Cons

Pros Cons
  • Regulatory Oversight by SFC
  • Unavailability of Demo Account
  • Diverse Range of Trading Instruments
  • Multiple Trading Platforms

Pros:

  • Regulatory Oversight by SFC: Being regulated by the Securities and Futures Commission of Hong Kong (SFC) adds a layer of credibility and trustworthiness to BRIGHT SMART SECURITIES.

  • Diverse Range of Trading Instruments: BRIGHT SMART SECURITIES offers a comprehensive selection of trading instruments across various asset classes, including futures and options, spot gold and silver, and leveraged foreign exchange.

  • Multiple Trading Platforms: Whether investors prefer the convenience of mobile trading or the advanced features of desktop platforms like SP Trader Pro and MetaTrader 4, they have access to suitable tools to execute their trades effectively.

Cons:

  • Unavailability of Demo Account: The absence of a demo account deprives prospective clients of the opportunity to test the broker's trading platforms and services in a risk-free environment.

Is BRIGHT SMART SECURITIES Safe or Scam?

  • Regulatory sight: Currently, BRIGHT SMART SECURITIES is overseen by the Securities and Futures Commission of Hong Kong (SFC), operating under a Leveraged foreign exchange trading license with license number AZK567. This signifies that the broker is working within the legal parameters set by the corresponding regulatory bodies.

regulated by SFC
  • User feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

  • Security measures: BRIGHT SMART SECURITIES serves clients in multiple jurisdictions while maintaining the same regulatory standards in each region.

Market Instruments

BRIGHT SMART SECURITIES presents an extensive range of trading instruments across various asset classes, providing investors with diverse options to diversify their portfolios and pursue their financial objectives.

  • Futures and Options: Investors can engage in derivative trading with futures and options contracts, allowing them to hedge against price fluctuations or speculate on market movements in various asset classes.

Futures and Options
  • Spot Gold and Silver: BRIGHT SMART SECURITIES offers the opportunity to trade precious metals such as gold and silver in the spot market. Spot trading involves the immediate purchase or sale of these metals for settlement within a short period, providing investors with exposure to fluctuations in precious metal prices.

Spot Gold and Silver
  • Leveraged Foreign Exchange: Investors can participate in the forex market with leveraged foreign exchange trading. Leveraged trading allows investors to control a larger position size with a relatively small amount of capital, amplifying both profits and losses. This provides opportunities to capitalize on exchange rate movements in various currency pairs.

Leveraged Foreign Exchange

How to Open an Account?

  • Open your web browser and type in the URL for the BRIGHT SMART SECURITIES homepage.

  • Look towards the right side of the homepage. Specifically, seek out the “立即開戶” button and click on it.

click on 立即開戶“ button
  • Follow the on-screen instructions to open your account.

Follow the on-screen instructions
Follow the on-screen instructions

Trading Platforms

BRIGHT SMART SECURITIES provides clients with a diverse selection of trading platforms to cater to their individual preferences and needs. These platforms include:

  • Mobile Trading App: Accessible on smartphones and tablets, the mobile trading app offers convenience and flexibility, allowing clients to trade on-the-go from anywhere with an internet connection. It provides essential trading functionalities, real-time market data, and advanced charting tools, empowering clients to stay connected to the markets at all times.

Mobile Trading App
  • SP Trader Pro App: Designed for more experienced traders, the SP Trader Pro app offers a comprehensive suite of advanced trading tools and features. It provides customizable interfaces, advanced charting capabilities, technical indicators, and sophisticated order management functionalities, enabling clients to execute trades efficiently and effectively.

SP Trader Pro App
  • MetaTrader 4 App: Widely recognized as one of the most popular trading platforms in the industry, the MetaTrader 4 app offers a user-friendly interface and a wide range of trading tools. It provides access to global financial markets, real-time quotes, advanced charting features, and automated trading capabilities through Expert Advisors (EAs), catering to both novice and experienced traders alike.

MetaTrader 4 App

Deposits & Withdrawals

BRIGHT SMART SECURITIES facilitates deposits and withdrawals through any bank that supports Faster Payment Service (FPS) transfers. This inclusive approach ensures that clients can conveniently transfer funds to and from their trading accounts using FPS, regardless of their bank affiliation. By leveraging FPS, clients benefit from swift and secure transactions, enabling seamless management of their trading activities with BRIGHT SMART SECURITIES.

deposit methods

Stock deposit and withdrawal

Services Toll
Settlement Instruction (SI) - Deposit stocks Freeof charge (HK$150 per input fee for instant bank transfer)
Settlement Instruction (SI) - Withdrawal of Stocks HK$500 / RMB500 / US$65 per stock (HK$150 per input will be charged if the bank transfers to the connoisseur instantly.))
Investor Settlement Instruction (ISI) to deposit or withdraw shares gratis
Physical deposit A stamp fee of HK$5 per copy will be charged
Physical pick-up HK$5 per board lot, minimum HK$30 (for the shortfall of 1 lot, it will be counted as 1 lot)
Save stocks gratis

Other Services

Services Toll
Telegraphic Transfer Charges (Mainland banks only) Handling fee of HK$300 per transaction(applicable to Mainland customers only)
Closing Fees HK$1.5 per board lot if via CCASS(rounded up to 1 lot)
Purchasing IPO Shares (Subscribe electronically) HK$100 / RMB100 / US$13 (waived for cash subscription.))
Collection of cash dividends / scrip dividends 0.5%min. HKD20 / RMB20 / US$2.6(based on dividend amount)
Dividend Recovery (Dividend Period per Stock) 10%Minimum HK$20 / RMB20 / US$2.6 HK$800 handling feeand HK$200 handling fee charged by HKSCC(based on dividend amount)
Nominee Services & Corporate Actions(Rights Issues/Warrants/CBBCs, Privatizations, Takeovers, etc.) Handling fee of HK$100 / RMB100 / US$13 per stock per transaction and HK$0.80 per board lotcharged by HKSCC (rounded up to 1 lot)
Registration to attend general meetings HK$50 administration fee per registration per stock (except for Bright Smart Financial Group (1428))
Replenish monthly statements A handling fee of HK$300 (calculated on a monthly basis) will be charged for the replacement of monthly statements of 6 monthsor more (e.g. a handling fee of HK$600 will be charged for the replacement of monthly statements of 2 months, and so on)
A daily/monthly statement administration fee will be charged by mail HK$300 per month
Additional administrative fee for supporting documents is required HK$300 per copy

Real-time stock quotes:

Services Fit the device Toll
(i) ETNet [Lv2 Hong Kong stock quotes, up to 10 streaming quotes]. Computer Business System (Web & Professional Version) & Bright Smart Securities (Baby) APP (App) (i) HK$368
(ii) MegaHub[Lv2 Hong Kong stock quotes, up to 10 streaming quotes]. Computer-based Business System (Web & Professional Version) & Bright Smart (MH) APP (Application) (ii) HK$328
(iii) MegaHub Pro[Lv2 Hong Kong stock quotes, up to 10 streaming quotes]. Computer-based Business System (Web & Professional Version) & Bright Smart (MH) APP (Application) (iii) HK$868
(iv) ETNet Domestic Version (for use in China only) [Lv2 Hong Kong stock quotes, up to 10 streaming quotes]. Computer Business System (Web & Professional Version) & Bright Smart Securities (Baby) APP (App) (iv) HK$268
(v) MegaHub Domestic Version (Applicable to Mainland China only) [Lv2 Hong Kong stock quotes, up to 10 streaming quotes]. Computer-based Business System (Web & Professional Version) & Bright Smart (MH) APP (Application) (v) HK$200
remark
A 2-month deposit and 1-month monthly fee are required for application
Monthly prepayment is calculated on a monthly basis
(*If the monthly trading commission is HK$2,000 or above, the relevant LV2 Hong Kong stock quote fee will be waived for the current month, except for MegaHub Pro quote)

Customer Service

BRIGHT SMART SECURITIES provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.

  • Phone Number: (852) 25371371

  • Email:online@bsgroup.com.hk

  • Live chat

contact form

Conclusion

In conclusion, BRIGHT SMART SECURITIES offers a diverse range of trading instruments and platforms to investors with access to various trading platforms. Regulated by the Securities and Futures Commission of Hong Kong (SFC), the company adheres to established standards, providing clients with a sense of security and trust. However, the unavailability of a demo account can be a drawback of BRIGHT SMART SECURITIES.

Frequently Asked Questions (FAQs)

Q 1: Is BRIGHT SMART SECURITIES regulated?
A 1: Yes. It is regulated by SFC.
Q 2: Does BRIGHT SMART SECURITIES offer demo accounts?
A 2: No.
Q 3: How can I deposit and withdraw funds with BRIGHT SMART SECURITIES?
A 3: Deposits and withdrawals can be made through any bank that supports Faster Payment Service (FPS) transfers.
Q 4: What are the available trading platforms at BRIGHT SMART SECURITIES?
A 4: Clients can access trading platforms such as the Mobile Trading App, SP Trader Pro App, and MetaTrader 4 App.

Risk Warning

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. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

耀才證券國際(香港)有限公司

Company Abbreviation

BRIGHT SMART SECURITIES

Regulatory Status

Regulated

Platform registered country and region

Hong Kong

Phone of the company
  • (852)25 371 371

  • (852) 2537 1371

Twitter

--

Facebook
Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • online@bsgroup.com.hk

Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

1

Comments

Write a review

琼琼1728
more than one year
When I lived in Hong Kong, my landlord recommended me the company BRIGHT SMART SECURITIES, but I found that the website was all in Chinese, which I couldn't understand. What a pity.
2023-02-24 18:44
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com