Going Securities
Pros and Cons
Pros
- Regulated by Securities and Futures Commission (SFC)
- Diverse range of trading instruments including forex, commodities, indices, stocks, and cryptocurrencies
- Proprietary trading platform: Going Securities Pro
- Multiple customer support channels: email, live chat, telephone
- Client fund protection through segregated accounts
Cons
- Lack of regulatory presence in major jurisdictions outside of Hong Kong
- Limited trading instruments compared to larger brokers
- Proprietary platform may lack advanced features found in popular platforms
- No extensive educational resources or market analysis tools
- Potential withdrawal fees and inactivity fees not clearly outlined
Basic Information
User Reviews
Going Securities Overview
Going Securities is a financial services provider based in Hong Kong, established within the past 5-10 years. The company operates under the regulatory oversight of the Securities and Futures Commission (SFC) of Hong Kong, which adds a level of credibility and customer protection for traders engaging with this broker. Going Securities Limited is dedicated to offering a range of trading options and services to meet the diverse needs of its clients in the dynamic forex market.
The broker’s core offerings include access to various trading instruments, notably in forex and securities. Going Securities provides a proprietary trading platform known as Going Securities Pro, which is designed to facilitate user-friendly trading experiences. Customer support is available via multiple channels, ensuring assistance is accessible for traders. With a focus on innovative technology and a commitment to client service, Going Securities aims to differentiate itself in the competitive forex brokerage landscape.
Is Going Securities Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Securities and Futures Commission (SFC) | Hong Kong | Segregated Funds |
Is Going Securities Regulated and How Are Client Funds Protected?
Going Securities is regulated by the Securities and Futures Commission (SFC) of Hong Kong, which provides a level of credibility and investor protection for its clients. Under this regulation, client funds are safeguarded through measures such as segregated accounts, ensuring that clients’ funds are kept separate from the broker’s operational capital. This regulatory oversight enhances the safety of trading with Going Securities, as it operates under strict compliance guidelines that aim to protect investors. The firm’s commitment to adhering to regulatory standards reflects its focus on maintaining a trustworthy trading environment for its clients.
Trading Products and Services
What trading instruments does Going Securities offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
Going Securities offers a diverse range of trading instruments that cater to the varied needs of its clients. With access to multiple asset categories including forex, commodities, indices, stocks, and cryptocurrencies, traders can choose products that align with their strategies and risk profiles. This diversity is particularly beneficial for both beginner and experienced traders, as it allows for different trading styles, whether one prefers short-term trading or long-term investments. By providing a comprehensive selection of tradable products, Going Securities supports portfolio diversification, enabling traders to adapt to changing market conditions and optimize their investment strategies effectively.
Account Types and Trading Conditions
What Account Types and Fees Does Going Securities Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginner to intermediate traders | User-friendly interface, access to a wide range of trading instruments | Suitable for traders looking to gain experience in the forex market |
| Professional Account | Experienced traders | Enhanced trading conditions, potentially higher leverage | Requires proof of trading experience and volume qualifications |
| Corporate Account | Corporate clients | Customized trading solutions, dedicated account management | Requires corporate documentation for verification |
| Islamic Account | Traders requiring swap-free conditions | Complies with Sharia law, no overnight interest | Available upon request, requires appropriate documentation |
| Demo Account | All traders | Practice trading with virtual funds, access to the full platform | Ideal for testing strategies before trading live |
Account Opening Process
To open an account with Going Securities, traders need to follow a straightforward process. This involves submitting personal information along with employment and financial details. Additionally, identity verification is required, which typically includes providing a valid ID and proof of address. The account structure is flexible, allowing traders to upgrade from a retail to a professional account as their trading experience and volume increase.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | $0 | Competitive spreads available |
| CFDs (Stocks) | Varies | Variable | Dependent on market conditions |
| Indices (S&P 500) | Varies | Variable | Market conditions apply |
| Commodities (Gold, Oil) | Varies | Variable | Market conditions apply |
| Cryptocurrencies (BTC, ETH) | Varies | Variable | Market conditions apply |
Other Fees
Going Securities may apply various fees that traders should be aware of. These can include deposit and withdrawal fees, inactivity fees for accounts that are dormant for an extended period, and any applicable platform usage fees. Additionally, overnight interest charges may apply for positions held overnight, and currency conversion fees could be incurred for transactions involving different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Going Securities Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| Going Securities Pro | Windows, macOS, iOS, Android | Login security (encryption), multiple order types, price alerts, technical indicators | Demo account available |
| Web Version | Any device with an internet browser | Secure logins, symbol lookup, fast order execution | No additional services specified |
| Mobile App | iOS, Android | Biometric login, push notifications, market alerts | Demo account available |
The Going Securities Pro platform is designed for comprehensive trading, featuring robust security measures and a wide array of trading tools. The web version provides accessibility from any device, ensuring that traders can manage their accounts conveniently. The mobile app allows for trading on the go, with features tailored for quick access and real-time notifications. Each platform supports secure logins, fast order execution, and efficient market search tools, catering to a variety of trading preferences and needs.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 1–3 business days | No platform fee | Min 50, Max 20,000 per transaction | HKD, USD |
| e-Wallet (e.g., PayPal) | Instant | 1.5% fee | Min 50, Max 10,000 per transaction | HKD, USD |
| Credit/Debit Card | Instant | No platform fee | Min 50, Max 15,000 per transaction | HKD, USD |
Minimum Deposit
The minimum deposit requirement for Going Securities is 50. This amount remains consistent across different payment methods; however, it may vary based on the account type selected by the trader.
How to Withdraw
To withdraw funds from your Going Securities account, follow these steps:
- Log in to your Going Securities account.
- Navigate to the ‘Withdrawal’ section in your account dashboard.
- Select your preferred payment method for withdrawal.
- Enter the withdrawal amount, ensuring it complies with the limits.
- Submit your withdrawal request and wait for confirmation.
Customer Support
Going Securities Customer Support Overview
Support Channels
Going Securities offers multiple channels for customer support to ensure traders can easily access help when needed. These channels include:
- Email: Clients can reach out via cs@goingf.hk for assistance.
- Live Chat: A convenient live chat feature is available on the website for real-time support.
- Telephone: Customers can contact support at +852 2187 2100 for direct communication.
- Social Media: Going Securities maintains a presence on various social media platforms for updates and support interactions.
Service Availability
Customer support at Going Securities is available during standard business hours, providing assistance five days a week. Multilingual support is offered, catering to a diverse clientele. Supported languages include English and Chinese, ensuring effective communication with clients from different backgrounds.
Frequently Asked Questions
Yes, Going Securities is regulated by the Securities and Futures Commission (SFC) of Hong Kong. Client funds are protected through measures such as segregated accounts, ensuring that your funds are kept separate from the broker’s operational capital, which enhances safety during trading.
Going Securities offers several types of trading accounts, including Retail Accounts for beginner to intermediate traders, Professional Accounts for experienced traders, Corporate Accounts for corporate clients, Islamic Accounts for those requiring swap-free conditions, and Demo Accounts for practice trading with virtual funds.
Going Securities provides access to a diverse range of trading instruments across various asset categories, including forex, commodities like gold and oil, indices such as the S&P 500 and NASDAQ, stocks from the US and UK, and cryptocurrencies like BTC and ETH, allowing traders to tailor their strategies.
Customer support at Going Securities can be reached through multiple channels. You can email them at cs@goingf.hk, use the live chat feature on their website for real-time assistance, or call them directly at +852 2187 2100. They are available during standard business hours, five days a week.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.