What is First Securities？
First Securities, a financial firm headquartered in Taiwan, China and boasting a widespread presence across the island, focuses on a variety of services such as Brokerage services including Co-Marketing, Corporate Services, Futures, Self-run Credit Transactions, and Electronic Trading.
It also handles Underwriting in the form of TWSE/TPEX Listing, Financing Services, Financial Consulting, and acts as a Stock Affairs Agency. The firm is recognized for its work with derivatives, fixed incomes, and Proprietary Trading on domestic listed securities. Adhering to its commitment to trustworthiness, First Securities is regulated by the Taipei Exchange (TPEx), albeit with an undisclosed license number.
In the following article, we will examine and describe the different facets of this financial institution, offering factual and well-organized information. If this subject matter intrigues you, we invite you to delve further into the content. To conclude the article, we will present a concise synopsis, accentuating the distinctive features of this financial organization, thereby providing you with a quick overview of its notable attributes.
Pros & Cons
Pros:
TPEx Regulated: Being regulated by the Taipei Exchange (TPEx) helps enhance the credibility and trustworthiness of First Securities. This oversight means the company must adhere to specific financial standards and laws.
Wide Range of Financial Services: First Securities provides a diverse array of financial services. This includes brokerage, underwriting, futures, electronic trading, proprietary trading on domestically listed securities, and more. These broad offerings meet the various needs of its customers.
Cons:
Is UAXI FUTURES Safe or Scam？
When considering the safety of a financial company like First Securities or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a financial company:
Regulatory sight: First Securities is regulated by the Taipei Exchange (TPEx), although the license number remains undisclosed. This regulation signifies the company's commitment to legality and professional ethics, thereby boosting its credibility. However, while regulatory compliance and expertise add to the firm's reputation, they don't necessarily ensure the organization's safety or authenticity.
User feedback: A scam report found on WikiFX raises questions about the company's operational dependability and liability which should be a red fag to interested traders.
Security measures: First Securities implements a robust privacy policy as part of its security measures to safeguard client information, implying strict data encryption, secure logins to ensure data integrity and confidentiality.
Eventually, the choice to engage in trade with First Securities or not deeply relies on individuals. It's crucial for you to carefully balance the potential risks and advantages before coming to a decision.
Financial Services
First Securities is a comprehensive financial company that offers a myriad of products and services, which can be categorized into six major core services.
Brokerage:
(Co-Marketing): First Securities is deeply ingrained in securities channels and continuously works to fortify business relations with other companies. They aim to increase sales of diverse financial products and strengthen the ability of brokerage business channels for business growth and market share.
Corporate Services: The company's objective in providing corporate services is to augment the demand for these services and increase the proportion of corporate transactions.
Futures: They offer futures and options products to customers to fulfill hedging, arbitrage, and other financial purposes.
Self-run Credit Transactions: The focus is on strengthening the integrity and profitability of the brokerage business while formulating risk control measures based on business characteristics.
Electronic Trading: Acknowledging the digital era, First Securities has created fast and efficient order placement tools to adapt to customers' needs.
Underwriting:
(TWSE/TPEX Listing): First Securities offers a range of professional services, including public offering, listing on emerging markets, stock underwriting, and trading.
Financing Services: They assist customers in raising funds for long-term development by using different capital market tools.
Financial Consulting: They offer a wide array of consulting services that don't relate to TWSE/TPEX listing or fundraising.
Stock Affairs Agency: They offer operations services in general stock affairs and shareholders' meetings.
Financial Products: First Securities offers derivatives and fixed incomes as financial products. They pay particular attention to the pricing skills of derivatives and develop market-oriented products.
Proprietary Trading: Domestic listed securities are the primary investment targets and a significant source of profit for the company.
These extensive offerings reinforce First Securities's commitment to providing wide-ranging financial solutions to cater to different customer needs.
User Exposure on WikiFX
One scam report on WikiFX calls for traders' vigilance. Before deciding to trade with the company, we highly suggest traders conduct a thorough examination of all the pertinent information. Our platform tries to support your trading endeavors effectively. If you stumble upon dishonest brokers or have been a victim of such fraudulent, we strongly encourage you to report through our “Exposure” section. Your input is essential to our pursuit of transparency, and our skilled team will endeavor to address your reports swiftly.
Customer Service
First Securities offers comprehensive customer support via addresses (for postal queries and in-person visit), phone (for immediate assistance), fax (for document submission), email (for detailed queries), and a 'Contact Us' form (for general inquiries).
Address: 4th Floor, No. 22, Section 1, Chang'an East Road, Taipei.
Telephone: (02)2563-6262
Customer service: 0800-538-080/(02)2511-0801.
For a foreign citizen to open an account, they can contact the county or city branch, branch details can be looked up through https://www.firstsec.com.tw/EN/branch.html？id=9&tn_id=89.
Conclusion
First Securities, a financial organization in Taiwan, China, provides a diverse range of services such as Brokerage (Co-Marketing, Corporate Services, Futures, Self-run Credit Transactions, Electronic Trading); Underwriting (TWSE/TPEX Listing, Financing Services, Financial Consulting, Stock Affairs Agency); derivatives and fixed incomes; and Proprietary Trading on domestically listed securities. Augmenting its credibility is the regulatory oversight it receives from the Taipei Exchange (TPEx). Nevertheless, we still recommend interested traders to thoroughly research and obtain direct information from First Securities prior before making any investment decisions.
Frequently Asked Questions (FAQs)
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.
