Overview of SBS

SBS Group, founded in 1989, offers various financial services in Argentina. While they claim to adhere to regulations, specific licensing details are unavailable. Their Quicktrade platform allows users to invest in stocks, bonds, derivatives, and CEDEARs (representing foreign stocks).

A key offering is the CEDEARs Managed Account, where professionals manage your portfolio for potential USD returns. SBS provides market analysis and educational resources like blogs and glossaries to empower informed investment decisions. They offer customer support via phone and email.

Pros and Cons

Pros:

• Broad financial services: SBS offers a wide range of financial services under one roof, including investment banking, wealth management, and asset management. This can be convenient for investors seeking a one-stop shop for their financial needs.

• Expert-managed CEDEARs account: The CEDEARs Managed Account allows investors to benefit from the expertise of SBS professionals who manage a portfolio of foreign stocks on their behalf. This can be particularly appealing for those who lack the time or knowledge to manage their own investments.

• User-friendly Quicktrade platform: The Quicktrade platform is designed to be easy to use and navigate, making it accessible to investors of all experience levels.

Cons:

• Lack of regulatory oversight: While SBS claims to adhere to regulations, the details regarding their specific licenses and regulatory bodies are not publicly available. This lack of transparency can be a concern for potential investors who want assurance about the safety and security of their funds.

• Limited public information: Finding detailed information on minimum deposits, leverage options, spreads, and demo account availability can be difficult. This lack of transparency makes it challenging for potential investors to compare SBS to other financial institutions and assess the full cost of investing.

• Limited customer support options: Customer service is only available via phone and email. This is inconvenient for some investors who prefer live chat or other online support options.

Regulatory Status

SBS adheres to stringent regulatory standards despite not holding any regulated licenses. They maintain strict compliance with industry regulations and guidelines, ensuring transparency and accountability in their operations. SBS operates under regulations established by Argentinian financial authorities.

Market Instruments

SBS Group operates in various financial service sectors. SBS Capital structures and issues financial products like debt securities and trusts. SBS Trading acts as an intermediary for buying and selling stocks, bonds, and derivatives in the Argentinian market. They also offer wealth management services with access to a wide range of investments. Finally, SBS Research analyzes local and international markets to recommend investment opportunities to their clients.

Account Types

SBS offers a special account type called the CEDEARs Managed Account through their Quicktrade platform.

This account holds a portfolio of CEDEARs, which represent shares of foreign companies on the Argentinian exchange. Similar to a Mutual Fund, a team of SBS professionals manages the buying and selling of these CEDEARs, aiming to beat the S&P 500 and generate returns in US dollars. This account simplifies investing by linking to your existing SBS account, offers security with expert management, provides transparency through regular reports, and grants you flexibility to add funds whenever you wish.

How to Open an Account？

How to open an SBS account through the Quicktrade platform：

1. Download the SBS Quicktrade App:

Visit your app store and search for “Quicktrade.” Download and install the application.

2. Initiate the Account Opening Process:

Open the SBS Quicktrade app and look for a section dedicated to new account applications. Follow the on-screen prompts, which involve creating a login profile and providing your personal information.

3. Account Activation:

Upon successful verification and funding, SBS will activate your account. You'll receive login credentials for the Quicktrade app to access and manage your investments.

Trading Platform

SBS's trading platform is called Quicktrade. It acts as an intermediary for buying and selling various financial instruments, including stocks, bonds, and derivatives, within the Argentinian market. Quicktrade is registered with the major financial entities in Argentina, such as BYMA, MAV, Rofex, and MAE.

Their goal is to empower users to manage their finances and achieve their investment objectives. They achieve this by offering an intuitive, transparent, and secure platform along with support from expert financial advisors who can introduce innovative strategies.

Customer Support

SBS offers customer support through two phone numbers: (+54 11) 4894-1800 and (+54 11) 3986-0100. Additionally, they have an email address, info@gruposbs.com, for written inquiries. This allows customers to choose their preferred method of contacting SBS for assistance with their financial services.

Educational Resources

SBS empowers investors with in-depth market analysis to make informed decisions. Their team analyzes local and global markets, tailoring investment opportunities to individual risk tolerance. They identify promising growth sectors through a top-down approach, considering macroeconomics and policy impacts.

Through Quicktrade, investors access valuable resources like blogs, investor tests, and financial glossaries, equipping them for confident investment navigation.

Conclusion

SBS offers a Broad suite of financial services, including access to Argentinian and global markets through their user-friendly Quicktrade platform. Notably, the CEDEARs Managed Account allows for expert-managed investment in foreign stocks.

However, a lack of transparency regarding specific regulations and fees can be a cause of concern. Furthermore, customer support options are limited, and the platform might be more suited for experienced investors due to potential for high fees and the complexities of some investment options.

FAQs

Question: What financial services does SBS offer？

Answer: SBS boasts a wide range of financial services, encompassing everything from investment banking to wealth management and asset management.

Question: Can I invest in international markets with SBS？

Answer: Yes. SBS provides access to both the Argentinian domestic market and international markets through CEDEARs.

Question: What's the benefit of the CEDEARs Managed Account？

Answer: This account allows you to leverage the expertise of SBS professionals who manage a portfolio of foreign stocks on your behalf.

Question: Is the Quicktrade platform easy to use？

Answer: SBS designed the Quicktrade platform to be user-friendly and accessible for investors of all experience levels.

Question: Are there any educational resources available through SBS？

Answer: Yes, SBS offers valuable market analysis and educational resources such as blogs, investor assessments, and financial glossaries to empower informed investment decisions.

Question: How can I contact SBS customer support？

Answer: SBS offers customer support via phone and email, allowing you to choose your preferred method of communication.