Aurora Borealis Investment Services Limited ("Aurora Borealis") is licensed by Securities and Futures Commission for Type 1 (Dealing in Securities), Type 4 (Advising on Securities) and Type 9 (Asset Management) with CE No. BGM262. Aurora Borealis aims to provide state-of-the-art and professional investment services including securities brokerage, placing, underwriting, investment advisory services, investment management and fund management services.
What is Aurora Borealis？
Licensed by SFC, Aurora Borealis provides securities brokerage, placing, underwriting, investment advisory, investment management, and fund management services. The firm's service offerings include fully paid securities lending, stocks, ETFs (Exchange-Traded Funds), and mutual funds. Aurora Borealis applies a transparent fee structure tailored.
Pros & Cons
Pros: Regulated by SFC: Being regulated by the Securities and Futures Commission (SFC) ensures compliance with industry standards and provides clients with a level of assurance regarding the firms operations and practices.
Transparent Fee Structure: The firm maintains a clear and transparent fee schedule, allowing clients to understand the costs associated with their investments, including brokerage fees, stamp duty, and transaction levies.
Diverse Investment Options: Aurora Borealis offers a wide range of investment products, including stocks, ETFs, mutual funds, and securities lending.
Cons: Limited Accessibility: Customer support is available only during weekdays and specific hours (Monday to Friday, 09:00 to 18:00), which may be restrictive for clients needing assistance outside these times.
Additional Fees: Beyond brokerage fees, additional charges such as stamp duty and transaction levies can increase the overall cost of transactions, impacting the total investment expenses.
Limited Transaction Information: The availability of transaction-related information, such as account statements and platform details, may be limited, potentially affecting clients ability to track and manage their investments effectively.
Is Aurora Borealis Safe？
Aurora Borealis is licensed by the Securities and Futures Commission (SFC) under License No. BGM262. Being a financial regulator in a prominent international financial hub, the SFC is dedicated to enhancing and safeguarding the credibility and stability of Hong Kong's securities and futures markets, with a primary focus on promoting the welfare of investors and fostering development within the industry.
The SFC plays a crucial role in upholding the integrity and transparency of Hong Kong's financial markets through the implementation of robust regulatory frameworks and enforcement measures. By setting and enforcing stringent rules and regulations, the SFC aims to ensure fair and orderly market conduct, prevent market manipulation and insider trading, and maintain market efficiency.
What are Securities to Trade with Aurora Borealis？
Aurora Borealis offers a variety of securities, including fully paid securities lending, investment advisory services, stocks, ETFs (Exchange-Traded Funds), and mutual funds. The securities lending service allows clients to lend out their securities, potentially generating additional income. The investment advisory service provides personalized guidance to assist clients in making informed investment decisions.
Aurora Borealis' stock portfolio spans across various sectors, offering clients opportunities to diversify their investments. ETFs provide flexibility and diversification by offering exposure to a basket of assets traded on an exchange. Mutual funds pool investments from multiple clients to purchase diversified portfolios managed by professional fund managers.
Aurora Borealis Fees Review
Aurora Borealis imposes a range of fees tailored to facilitate seamless transactions and services for our clients. These include brokerage fees at 0.25% of the transaction amount for HK stocks, with additional charges such as stamp duty at 0.1% and transaction levy at 0.0027%. For bond transactions, a commission fee of 1% applies, while other services like scrip fees and dividend collections are also detailed in their fee structure.
Aurora Borealis Deposit & Withdrawal Review
Aurora Borealis Investment Services Limited offers process guides for depositing and withdrawing funds.
Bank Accounts:
BOCHK: Account Number 012-699-1-023255-6, Type: HKD Savings, FPS Identifier: 167821842.
Bank of Communications (HK): Account Number 027-532-9-324995-4, Type: HKD Savings.
Cheque Payments: Clients are to make cheques payable to “Aurora Borealis Investment Services Limited.”
Notes: After making a deposit, clients must notify Aurora Borealis Investment Services Limited by phone at 28878123. Details such as account name, account number, and ID card number should be provided.
Customer Service
Customers can visit their office or get in touch with
customer service line using the information provided below:
Monday to Friday : 09:00 to 18:00
Telephone: +852 3971 0270
Fax: +852 3585 6198
Email: info@abis.com.hk
Address: Unit C, 8/F, OfficePlus @Mong Kok, 998 Canton Road, Mong Kok, Kowloon, Hong Kong
Conclusion
In conclusion, Aurora Borealis Investment Services Limited stands out as a regulated firm accredited by SFC. The company offers a diverse range of investment options. With a commitment to transparency, Aurora Borealis maintains a clear fee structure, detailing costs like brokerage fees and transaction levies upfront. However, clients should be mindful of potential limitations such as restricted accessibility to customer support outside of weekdays and specific hours, as well as limited transaction-related information.
Frequently Asked Questions (FAQs)
Is Aurora Borealis regulated？
Yes. It is regulated by SFC.
What types of securities can I invest in with Aurora Borealis？
You can trade fully paid securities lending, investment advisory services, stocks, ETFs (Exchange-Traded Funds), and mutual funds.
How can I contact Aurora Borealis？
You can contact via (Monday to Friday : 09:00 to 18:00) telephone: +852 3971 0270, fax: +852 3585 6198 and email: info@abis.com.hk.
What is Aurora Borealis fee structure like？
Aurora Borealis maintains a fee structure, including brokerage fees, stamp duty, and transaction levies.
Risk Warning
The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.
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