Broker Information
Quam Securities Limited
Quam Securities
No Regulation
Platform registered country and region
Hong Kong
+852 2971-5486
--
--
--
--
香港干诺道中111号永安中心5楼
--
--
--
--
QSeccs@quamgroup.com
Company Summary
https://www.quamsec.com/
Website
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Aspect | Information |
Company Name | Quam Securities |
Registered Country/Area | Hong Kong |
Founded Year | 1986 |
Regulation | Unregulatory |
Minimum Deposit | No minimum deposit required |
Trading Platforms | QPlus/QPlus+, SP Trader and Financial Plus |
Products and Services | Equity, Futures & Options and Other Investment Tools |
Account Types | Individual and corporate accounts |
Demo Account | Unavailable |
Customer Support | Email and phone |
Deposit & Withdrawal | Bank transfer |
Educational Resources | FAQs and education center |
Established in 1986 and based in Hong Kong, Quam Development Securities is a mid-cap broker-dealer catering to individual and institutional clients. It offers a diverse suite of investment products and services, including equities, futures, options, bonds, and more, across multiple global markets.
Quam Securities' extensive experience, diverse product offerings, and access to various markets make it an attractive option for investors seeking exposure to global opportunities. However, limited educational resources could be deterrents for some traders.
Quam Securitiescurrently does not hold any valid regulatory certificates. Although it is incorporated in Hong Kong, it lacks regulation from any recognized financial authority. It is crucial to understand that engaging with an unregulated broker involves significant risks, as there is no supervisory entity to enforce ethical practices and safeguard client assets.
Quamsec boasts a considerable legacy in the financial sector, having been established in 1986. This experience translates to a wide array of investment products and services catering to diverse investor needs, spanning equities, futures, options, and bonds. Additionally, Quamsec provides access to multiple global markets, including key financial hubs like Hong Kong, Mainland China, and the United States. Investors can conveniently trade using various platforms, including a mobile app, and can rely on multiple customer support options for assistance.
However, Quamsec does have certain drawbacks. Notably, it lacks regulation by an internationally recognized financial authority, poses potential questions about investor protection and oversight. Furthermore, Quamsec offers limited educational resources, which may pose a challenge for less experienced investors seeking guidance and information to make informed investment decisions.
Pros | Cons |
Diverse range of trading opportunities | Lack of valid regulatory certificates |
Extensive experience in the financial industry | Limited educational resources |
Various trading platforms | Demo account unavailable |
Multiple Customer Support Options |
Quam Securities offers a diverse array of market instruments:
Equity Services: Provides comprehensive equity trading services in Hong Kong, Mainland China, and the United States markets, including H-shares, red-chip stocks, blue-chip stocks, and access to major exchanges like NYSE, AMEX, and NASDAQ.
Futures & Options Services: Offers a robust platform for trading futures and options, covering various products like agricultural commodities, metals, currencies, interest rates, indices, and energy products.
Other Investment Tools: Provides access to bonds, corporate finance, mutual funds, discretionary accounts/asset management, structured products, and high-frequency & algo trading.
Quam Securities offers cash or margin securities trading accounts, stock options trading accounts, and futures and options trading accounts for both individual and corporate clients. However, detailed information about the specific features and conditions of each account type is not available on the website.
Opening an account with Quam Securities is a straightforward process that can be completed in a few simple steps:
Account Opening Appointment: Schedule an appointment during office hours (Mon-Fri, 9 am-6 pm
at their office).
Visit and Bring Documents: Visit their office with your ID card/passport and proof of residential address (latest 3 months).
Receive Confirmation: Receive a confirmation letter via email or mail on the next business day.
Quam Securities charges various fees for different services, including:
Quam Securities Company Limited (QuamSec) offers a detailed fee structure for equity services, which includes trading fees and additional service charges.
For Hong Kong stocks, the fees consist of a Stock Stamp Duty at 0.1% of the transaction amount, a Transfer Deed Stamp Duty of HKD 5.00 per deed, a Trading Fee of 0.00565%, and various levies such as a Transaction Levy at 0.0027% and a Financial Reporting Council Levy at 0.00015%. Additionally, there is a Stock Settlement Fee at 0.008% of the transaction amount, capped between HKD 3.00 and HKD 300.00.
For Shanghai and Shenzhen A shares, QuamSec charges a Handling Fee of 0.00341%, a Securities Regulatory Fee of 0.002%, a Transfer Fee of 0.003%, and a Sellers Stamp Duty of 0.05% on the transaction amount. ETFs on SSE/SZSE incur a Handling Fee of 0.004%.
For Hong Kong Index Futures, such as Hang Seng Index Futures, the fees include an Exchange Fee of HKD 10.00 per contract, an SFC Levy of HKD 0.54 per contract, and a Clearing Fee of HKD 10.00 per contract. Mini Hang Seng Index Futures have lower fees, with an Exchange Fee of HKD 3.50 per contract, an SFC Levy of HKD 0.10, and a Clearing Fee of HKD 3.50. Similarly, H-shares Index Futures and Mini H-shares Index Futures have scaled fees based on contract size.
For Hong Kong Index Options, the charges mirror those of the futures contracts. For instance, Hang Seng Index Options incur an Exchange Fee of HKD 10.00 per contract, an SFC Levy of HKD 0.54, and a Clearing Fee of HKD 10.00. Mini Hang Seng Index Options are charged at HKD 2.00 for the Exchange Fee, HKD 0.10 for the SFC Levy, and HKD 2.00 for the Clearing Fee. H-shares Index Options follow a similar pattern with corresponding fees.
Quam Securities offers three trading platforms:
QPlus/QPlus+: Mobile trading app for easy stock trading and market monitoring.
SP Trader: Internet trading platform for cash and derivatives markets, including stocks, futures, and options.
Financial Plus: Provides product & market info, price alerts, and bond info.
Quam Securities supports deposits via bank transfers and with no minimum initial deposit required. Processing time for deposits is typically 1-2 business days. Withdrawals are also processed through bank transfers with similar processing times. They do not charge deposit fees, but your bank might.
Quam Securities offers customer support through:
Phone: (852) 2971-5486
Email: QSeccs@quamgroup.com
Quam Securities provides limited educational resources:
FAQs: Answers to frequently asked questions.
Education Center: Offers basic knowledge about trading futures and options.
Quam Securities, with its extensive experience and diverse product offerings, could be a viable option for investors seeking exposure to global markets. However, limited educational resources and the absence of international regulation warrant prudence. Potential clients should carefully review the terms and conditions and contact BOSSA.PL directly for any clarifications before opening an account.
Q: Is Quam Securities regulated by any international financial authority?
A: Quam Securities is not listed as regulated by any internationally recognized financial authorities. As a Hong Kong-based broker, it's crucial to verify its regulatory status with local authorities.
Q: What are the minimum deposit requirements for Quam Securities?
A: The minimum deposit requirements are not specified on their website. Contact Quam Securities directly for more information.
Q: What types of trading accounts does Quam Securities offer?
A: Quam Securities offers cash or margin securities trading accounts, stock options trading accounts, and futures and options trading accounts for individual and corporate clients.
Quam Securities Limited
Quam Securities
No Regulation
Platform registered country and region
Hong Kong
+852 2971-5486
--
--
--
--
香港干诺道中111号永安中心5楼
--
--
--
--
QSeccs@quamgroup.com
Company Summary
No comment yet
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now