OCBC Securities Review 2024

2.11/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Regulation:
Foundation date:
  • 1986
Updated:
2.11/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Regulation:
Foundation date:
  • 1986
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OCBC Securities isn't available in United States
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Our Evaluation of OCBC Securities

2.11/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

OCBC Securities is a high-risk broker with the TU Overall Score of 2.11 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by OCBC Securities clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. OCBC Securities ranks 395 among 413 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

Brief Look at OCBC Securities

OCBC Securities provides a multi-market trading terminal giving direct access to access over 15 securities exchanges worldwide using a single account. It was launched in 1986 and today is among the leading organizations in the field. With OCBC Securities each and every customer can trade with high efficiency thanks to the latest technology and a vast network of connectivity. OCBC Securities is a member of Singapore Exchange Securities Trading Limited (SGX-ST) and the Singapore Exchange Derivatives Trading Limited (SGX-DT). It is a broker of choice for those who would like to seize greater opportunities and be a part of the constantly changing and heart-racing world of trading.

OCBC Securities Summary

💻 Trading platform: iOCBCfx, iOCBCfx Pro, iOCBCfx Mobile, Futures Trading Platform
📊 Accounts: Leveraged FX Account, Futures Account, Securities Borrowing Account, Basic Trading (Cash) Account, Share Financing Account, Equities Plus Account
💰 Account currency: USD, EUR, JPY, GBP, AUD, CHF, SGD
💵 Replenishment / Withdrawal: Bank Transfer, Cash, Cheque, Telegraphic transfer
🚀 Minimum deposit: 1000 USD
⚖️ Leverage: 1:35
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: from 0,9 p
🔧 Instruments: Currency pairs, Precious Metals, Shares, ETFs, REITs, Warrants, ADRs, Bonds
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: No
📋 Orders execution: Market Execution
⭐ Trading features: No
🎁 Contests and bonuses: No

User Satisfaction

Score:
6/10

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MartinJore
2 years ago

Pretty specific broker. More focused on the Asian stock market. Forex is also available, but there are few tools. In addition, you will have to trade yourself here. It is not possible to invest in PAMM and MAM. Even transactions cannot be copied, because MetaTrader is not provided. I tested their demo, but I had to tinker with the terminal. I would not say that it is more functional than MT4 or MT5. Although everything here is subjective, perhaps it just didn’t work for me. The deposit requirements are strict, a beginner will definitely not pull it. There is no training on the site, only the schedule of webinars is published. There are not so many ways to replenish the account, and payments from cards and electronic wallets are not accepted.

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faklur
2 years ago

When asked why you have such high minimum deposit requirements, they answered me in a rather rude form that if I am looking for a kitchen, it is better for me not to get involved with OCBC Securities. This company is supposedly counting on big players who value time and nerves. On this and decided.

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rusdyest
3 years ago

After a short conversation with the support girl, I got an unpleasant opinion. The feeling that if you are not ready to work immediately with large sums, then you are not welcome here. I'm not ready! I don’t know what kind of office it was, and they refused to answer all the questions. They began to covertly explain that I am not yet a client of the company and all infa is confidential.

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ebonyir69
2 years ago

In the two years I've been trading at OCBC Securities, I haven't had any real reason to move to another company. The broker's trading terminal is simple, the execution is fast, the commission is average. At the same time, OCBC Securities is licensed and regulated. The section with analytical material pleases me, with its help I can better understand the market situation and build a strategy. The only thing I would add to OCBC is the ability to contact support via online chat. Phone calls are the most difficult form of communication for me, and the answer comes in the mail within a day.

Dalam dua tahun saya berdagang di OCBC Securities, saya tidak mempunyai sebarang sebab sebenar untuk berpindah ke syarikat lain. Terminal dagangan broker adalah mudah, pelaksanaannya pantas, komisen adalah purata. Pada masa yang sama, OCBC Securities dilesenkan dan dikawal selia. Bahagian dengan bahan analisis menggembirakan saya, dengan bantuannya saya dapat memahami situasi pasaran dengan lebih baik dan membina strategi. Satu-satunya perkara yang saya akan tambahkan pada OCBC ialah keupayaan untuk menghubungi sokongan melalui chat dalam talian. Panggilan telefon adalah cara komunikasi yang menyusahkan saya, dan jawapannya dihantar melalui mel hanya dalam masa sehari.

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leafulton559886123
2 years ago

To be honest, OCBC doesn't suit me in all aspects. I have no complaints about the broker itself. The service is of high quality, trading conditions are adequate, there is a Singapore license and a high level of security. The market, as well as the instrument, is sufficient for active trading. But passive income means are also important to me: copy services, trust management. It is not in OCBC. As well as cryptocurrency pairs, which are interesting to me as instruments. I closed my account for these reasons. It is more comfortable for me to combine active trading with passive income, while OCBC focuses on active traders.

Sejujurnya, OCBC tidak sesuai dengan saya dalam semua aspek. Saya tidak mempunyai aduan tentang broker itu sendiri. Perkhidmatan ini adalah berkualiti tinggi, syarat perdagangan adalah memadai, ada lesen Singapura dan tahap keselamatan yang tinggi. Pasaran, serta instrumen, cukup untuk berdagang secara aktif. Tetapi cara pendapatan pasif juga penting bagi saya: perkhidmatan salinan, pengurusan amanah. Ianya tiada dalam OCBC. Serta pasangan mata wang kripto, yang menarik bagi saya sebagai instrumen. Saya menutup akaun saya atas sebab-sebab ini. Lebih selesa untuk saya menggabungkan dagangan aktif dengan pendapatan pasif, manakala OCBC tertumpu kepada pedagang aktif.

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nealnicklin3729851
2 years ago

I will briefly explain the conditions at OCBC so you can judge for yourself. Is this broker right for you or not. The broker specializes in trading stock instruments and Forex. Trading platforms are theirs, more precisely, there are several of them, for different types of trading. MT4 and MT5 are not available. There are also several trading accounts, about 6, also for different needs. Margin trading is available, for Forex assets there is a leverage of 1:40. Access to 31 markets: stocks and Forex. The instruments, respectively, are also different, from stocks to indices, metals and futures, currencies, but cryptocurrencies are not available. The "Exercise" section presents mainly the analysis. Deposit from 1000 SGD, no instruments for passive income.

Saya akan menerangkan secara ringkas syarat-syarat di OCBC supaya anda boleh menilainya sendiri. Adakah broker ini sesuai untuk anda atau tidak. Broker itu pakar dalam perdagangan instrumen saham dan Forex. Platform dagangan adalah milik mereka, lebih tepat lagi, terdapat beberapa daripadanya, untuk jenis dagangan yang berbeza. MT4 dan MT5 tidak tersedia. Terdapat juga beberapa akaun dagangan, kira-kira 6, juga untuk keperluan yang berbeza. Dagangan margin tersedia, untuk aset Forex terdapat leverage 1:40. Akses kepada 31 pasaran: saham dan Forex. Instrumennya, masing-masing, juga berbeza, daripada saham kepada indeks, logam dan niaga hadapan, mata wang, tetapi mata wang kripto tidak tersedia. Bahagian "Latihan" membentangkan terutamanya analisis. Deposit dari 1000 SGD, tiada instrumen untuk pendapatan pasif.

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maureenlk16
2 years ago

My experience with OCBC Securities is at least five years. For myself, I consider it the best broker, which provides maximum opportunities for independent income in the financial market. Instruments in OCBC for every taste: from currency pairs to indices, futures, metals and options. There is also a lot of analytical material, of which they are of high quality, so it is very good to delve into the market. But I would like to point out that for currency pairs OCBC Securities provides a small leverage, and there is no investment program in the company. If you want to invest in OCBC, then you have to do it yourself, through share assets.

Pengalaman saya dengan OCBC Securities adalah sekurang-kurangnya lima tahun. Bagi diri saya sendiri, saya menganggap ia sebagai broker terbaik, yang memberikan peluang maksimum untuk pendapatan bebas dalam pasaran kewangan. Instrumen dalam OCBC untuk setiap citarasa: daripada pasangan mata wang kepada indeks, niaga hadapan, logam dan opsi. Terdapat juga banyak bahan analisis, yang mana mereka adalah berkualiti tinggi, jadi sangat bagus untuk mendalami pasaran. Tetapi saya ingin menyatakan bahawa untuk pasangan mata wang OCBC Securities menyediakan leverage yang kecil, dan tidak ada program pelaburan dalam syarikat. Jika anda ingin melabur dalam OCBC, maka anda perlu melakukannya sendiri, melalui aset saham.

Comparison of OCBC Securities with other Brokers

OCBC Securities RoboForex Pocket Option Exness FreshForex 4XC
Trading
platform
Futures Trading Platform, iOCBCfx Mobile, iOCBCfx Pro, iOCBCfx MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader Pocket Option, MT5, MT4 Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT4, MobileTrading MT5, MT4, WebTrader
Min deposit $1000 $10 $5 $10 No $50
Leverage From 1:1
to 1:35
From 1:1
to 1:2000
From 1:1
to 1:1000
From 1:1
to 1:2000
From 1:1
to 1:2000
From 1:1
to 1:500
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0.9 points From 0 points From 1.2 point From 1 point From 0 points From 0 points
Level of margin call
/ stop out
No 60%  /  40% 30%  /  50% No  /  60% 40%  /  20% 100%  /  50%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution, Instant Execution Market Execution
No deposit bonus No No No No $30 $50
Cent accounts No Yes No No Yes No
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