What is Pi？
Pi Securities Public Company Limited is a financial institution based in Thailand, and has been in operation for 2 to 5 years. Despite the company's relative newness, it offers a wide range of investment and banking services. From personal client services to institutional investment and investment banking, Pi serves a diverse clientele with varied financial needs. In terms of regulatory oversight, existing information suggests that Pi is currently non-regulated, which implies that it operates without supervision from a recognized regulatory authority.
Pros & Cons
Pros:
Mobile Application Available: One of Pi's major advantages is its investment in digital technology to enhance customer experience - particularly its mobile application. This app allows clients to manage their investments and interact with Pi's services wherever they are, giving them a level of convenience and control that's expected in today's digital world.
Cons:
Non-regulated: One of the biggest drawbacks of Pi is its non-regulated status. This means it operates without the oversight of a recognized regulatory authority. This could potentially mean a higher degree of risk for clients, as they may have less protection than they would with a regulated company.
Not-so-good Customer Reviews: Feedback from some customers suggests that Pi's services might not always meet expectations. Such reviews can serve as vital feedback for the company, but they can also deter potential clients.
Delayed Customer Support: Customers have reported delays when trying to contact the company's customer support. Quick and effective customer service is crucial in the financial sector, especially when clients need help with urgent issues.
Is Pi Safe or Scam？
The non-regulated status of Pi Securities Public Company Limited implies that it operates without the stringency of oversight by a recognized regulatory authority. This essentially means that the company may operate in ways that regulated firms do not, which can sometimes create potential risks for clients. Without a regulatory body to enforce rules and standards, there is less protection in place for investors against fraud, misconduct, or financial instability from the firm.
In terms of customer feedback, Pi has received not-so-good reviews that suggest some dissatisfaction with the firm's services or operations. This could be in aspects related to customer support, transaction processes, platform usability, or other areas. Negative reviews typically reflect the experiences of clients and could indicate potential issues with the companys services or operations. These reviews can be an important factor when considering the overall reputation of the firm and it's important for potential clients to take these reviews into account, along with their own investment needs and risk tolerance, when deciding whether to engage with the company's services.
Products & Services
Individual Investors:
Personal clients can find numerous investment opportunities, including Thai Equities, Derivatives, Mutual Funds, Structured Notes, and Bonds, providing a wide spectrum of options to diversify their investment portfolio. For clients interested in larger transactions, the company also offers Block Trade facilities. In addition, Pi provides the Securities Borrowing and Lending (SBL) program enabling clients to borrow and lend securities.
For those with substantial assets looking for bespoke financial advice, Pi offers private wealth management services.
Corporate clients can benefit from Pi's Corporate services, which are tailored to assist businesses with their unique financial and investment needs.
Institutional Investors:
For institutional clients, Pi provides Institutional Equities and Investment Banking services that provide strategic financial advisory, including mergers, acquisitions, and corporeal restructuring, to companies across various sectors.
Deposit & Withdrawal
Pi Securities supports two payment methods. They are:
QR Code Payment: To make a deposit via QR code, follow these steps:
Save the picture of the generated QR code to your mobile device.
Use a QR payment service on your mobile to scan the QR code from your album.
Confirm the payment amount and complete the transaction.
Automatic Transfer System (ATS): Pi Securities provides an ATS service that allows you to fund your trading account by automatically deducting the required funds from your registered bank account. This option streamlines the deposit process and ensures timely funding for your trading activities.
Trading Platform
MetaTrader 4 (MT4): MT4 is a popular choice in the trading world, known for its user-friendly interface and powerful features. It offers advanced charting tools, a wide range of technical indicators, and the capability to automate trading strategies using Expert Advisors (EAs). MT4 provides real-time market data and seamless order execution, making it suitable for both beginners and experienced traders.
MetaTrader 5 (MT5): MT5 is an advanced version of MT4, offering additional features and asset classes. It includes more technical indicators, timeframes, and order types. MT5 is suitable for traders who require a broader range of trading instruments and more advanced trading capabilities.
Pi's proprietary financial app is tailored to the specific needs of its users. While the details of the app may vary, it likely provides a user-friendly interface, access to various asset classes, and essential trading tools. The proprietary app allows Pi to offer a unique and customized trading experience to its clients.
Customer Support
Physical Address: Level 2, 3, Sindhorn Tower 1, and Level 17, 18, 20, Sindhorn Tower 3, 132 Wireless Road, Lumpini, Pathumwan, Bangkok 10330.
Email: support@pi.financial
Phone: 02-205-7000 (headquarters)
Social Media: You can also connect with Pi through their social media channels, such as Facebook, Line, Instagramm, Telegram, Youtube, BlockDit.
Pi's customer support operates during standard business hours, from Monday to Friday, between 8:30 AM and 5:00 PM, excluding national holidays.
Conclusion
Based on available information, Pi Securities Public Company Limited offers a comprehensive range of financial products and services, from personal and institutional investments to investment banking. The firm has made active use of digital technologies to enhance service provision, evident in the functionality of its mobile application.
However, there are significant cons to consider. Its non-regulated status indicates potential risks, especially relating to investor protection. Additionally, negative customer feedback and reported delays in customer service indicate potential issues with client engagement and satisfaction. Potential clients should consider these factors alongside their individual investment needs and risk sensitivities.
Frequently Asked Questions (FAQs)
Q: Is Pi Securities a regulated company？
A: Available information suggests that Pi is not regulated by any known financial regulatory body.
Q: Does Pi Securities offer the industry leading MT4 & MT5？
A: Yes. Both MT4 and MT5 are available.
Q: Does Pi Securities have a mobile application？
A: Yes, Pi Securities offers a mobile application to enhance client interaction with its services.
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.
