Hana Securities

Overview

Hana Securities is an unregulated financial services provider based in Korea. They offer a wide range of services, including Smart Asset Management, Recommended Products, Tax Consulting Service, and more. Investors can open accounts online and access comprehensive customer support during weekdays. However, it's essential to exercise caution and conduct thorough research when dealing with this unregulated broker, as it lacks government oversight. Despite the regulatory concerns, Hana Securities stands out for its versatile financial services catering to various investment needs.

Regulation

Hana Securities is an unregulated broker, which means it operates without the oversight and regulations imposed by government agencies like the Securities and Exchange Commission (SEC). This lack of regulatory oversight can pose risks to investors, as there may be fewer safeguards in place to protect against potential misconduct or fraud. Investors should exercise caution, thoroughly research the broker's reputation, and consider seeking professional advice when dealing with unregulated brokers like Hana Securities.

Pros and Cons

Hana Securities offers a range of financial products and services, making it versatile for investors. Clients can access comprehensive information, receive expert advice, and trade conveniently on mobile devices. However, it's important to note that Hana Securities operates as an unregulated broker, which means it lacks oversight and accountability, potentially posing risks for investors. Additionally, customer support hours are limited, and consumer protection may be limited, so investors should exercise caution and conduct thorough research when dealing with this broker.

Services

1. Financial Investment Products:

• Smart Asset Management: Tailored investment strategies and portfolio management based on individual goals and risk tolerance.

• Recommended Products: Personalized recommendations for financial products, including stocks, bonds, and funds.

• Integrated Product Search: Comprehensive search functionality to explore and compare various financial products.

• My Life Goal Design: Assistance in setting and achieving financial goals, such as retirement planning or saving for education.

• Product Information Analysis: In-depth analysis of financial product details, including risk profiles and historical performance.

• Product After-Sales Service: Ongoing support and assistance with post-purchase queries and account management.

• Tax Consulting Service: Expert advice on tax planning and strategies to optimize tax efficiency.

• Fund: Access to various investment funds, including mutual funds and ETFs.

• Pension Savings Account: Information and services related to retirement savings accounts.

• CMAs (Capital Market Account): Information and services related to CMAs, including trading and account management.

• ELS/DLS (Equity-Linked Securities/Debenture-Linked Securities): Investment products with embedded options.

• Online Branch: Digital access to a wide range of financial products and services.

1. Stock Derivatives:

• Market Snapshot: Real-time overview of stock market indices and performance.

• Stock Ranking: Rankings of stocks based on various criteria like performance, market capitalization, or dividend yield.

• ELW (Equity-Linked Warrant): Information on equity-linked warrants, a type of derivative product.

• Market Trends: Insights and analysis of current market trends and developments.

• Stock Order/Account: Access to stock trading, order placement, and account management.

• Futures/Options: Information and trading services for futures and options contracts.

• ETN (Exchange-Traded Note): Details about exchange-traded notes and their investment characteristics.

• Quant Service: Services related to quantitative investing, including algorithmic trading strategies.

1. Overseas Stock Derivatives/CFD:

• Overseas Stock Trading Guide: Comprehensive guidance on trading international stocks.

• Deposit/Withdrawal/Currency Exchange: Information on managing funds for overseas trading.

• Strategic Order: Strategies for optimizing overseas stock trading, including limit orders and stop-loss orders.

• Won Margin: Information on trading on margin in foreign currencies.

• Real-Time Price Service: Access to real-time price data for overseas stocks.

• Overseas Stock Decimal Order Service: Precision order services for foreign stock markets.

• Overseas Stock Tax Information: Guidance on tax considerations for overseas stock investments.

• Introduction to Overseas Futures: Information on trading futures contracts in international markets.

• OASIS: Services for trading in overseas stock markets.

• THE Derivative: Information on trading derivative products in international markets.

• Derivatives Capital Gains Tax Information: Details on tax implications of derivative trading.

• Unfair Trade and Precautions: Guidelines and precautions for fair and ethical trading practices.

• Overseas Stock Market Guide: Information on global stock markets, including trading hours and regulations.

• Countries Where Online/Offline Transactions Are Possible: Lists countries where online and offline trading is available.

• About TradingView: Introduction to TradingView market indicators, charts, and orders.

• FX Margin: Information on foreign exchange margin trading.

• Overseas Options: Information on trading options in international markets.

• CFDs (Contracts for Difference): Information on CFD trading and its features.

These services cater to a wide spectrum of financial needs, from investment advice and portfolio management to trading across various asset classes and global markets.

How to open an account？

To open a non-face-to-face account with Hana Securities, you can follow these steps:

Step 1: Preparation Before Opening an Account

Before you begin the account opening process, make sure you have the following items ready:

1. An account number for regular deposits and withdrawals in your name at a financial institution.

2. Your ID, which can be either a resident registration card or drivers license.

3. A cell phone registered in your name.

Step 2: Agree to Terms and Conditions / Information Input Stage

1. Access the Hana Securities non-face-to-face account opening service through the URL provided in the SMS you received.

2. Enter the required information to open an account, which may include personal details and contact information.

3. Agree to the terms and conditions for transactions and product selection.

Products Available for Account Opening:

You can choose from a variety of financial products, including but not limited to:

• Comprehensive trading products (stocks/overseas stocks)

• Funds

• CMA (Cash Management Account)

• Pension savings

• Domestic derivatives

• Foreign derivatives

• FX margin

• Domestic stock CFD (Contract for Difference)

• Overseas stock CFD

Step 3: Real Name Verification Stage

This stage involves verifying your identity and your financial account. Follow these steps:

1. ID Verification: Take a photo of your ID card, either your resident registration card or drivers license. This is used for real-time authenticity confirmation.

2. Account Verification: Select an account from another financial institution or Hana Securities, and enter the designated account details. You'll also need to transfer 1 won (Korean currency) to the designated account registered at Hana Securities.

3. Enter the authentication number after checking the transaction details.

Step 4: Account Opening Completed

Once you have successfully completed the real name verification stage, your account will be opened. You can then enjoy various financial services offered by Hana Securities, including stock and fund trading, transfers, and more, through platforms like Hana 1Q Pro, 1Q Stock, and 1Q HTS website.

Please note that if the authenticity verification fails more than 5 times or if there are issues with the ID card, the authenticity verification process will be conducted at the Hana Securities call center during their business hours (09:00 to 17:00 on business days). Applications submitted after 17:00 will be processed on the next business day.

Customer Support

Hana Securities offers a well-structured customer support system designed to assist and address the needs of their clients:

1. Friendly Customer Service:

• Hana Securities values customer feedback and provides friendly assistance.

1. FAQ (Frequently Asked Questions):

• Comprehensive FAQ section covering various topics such as ID registration, account opening, and stock orders.

1. Specialized Centers:

• Joint Certification Center: For joint certifications.

• Fee Information Center: Details on fees.

• Margin Information Center: Assistance with margin-related queries.

• Deposit/Withdrawal Information Center: Answers to deposit and withdrawal questions.

1. Counseling Support Services:

• A dedicated service for clients who require additional guidance and support.

1. Contact Options:

• Phone Reservation: Schedule a phone appointment for personalized assistance.

• PC Remote Support Service: Remote assistance for home PC issues.

1. Trading System Information:

• Detailed information about Hana Securities' trading systems, including 1Q HTS.

1. Mobile Trading:

• Information about their mobile trading application, optimized for a mobile environment.

1. Consumer Protection Services:

• Hana Securities' Consumer Protection Center is committed to protecting customer rights and interests.

1. Electronic Financial Fraud Prevention Service:

• A service that uses multiple authentication methods to prevent financial fraud.

1. Customer Support Center Information:

• Phone numbers for various inquiries, including stocks, financial products, overseas stocks, and night futures options.

• Business hours: Weekdays from 08:00 AM to 06:00 PM; stock/financial product consultation from 08:30 AM to 05:00 PM on weekdays.

• Closed on Saturdays and public holidays.

1. Accident Reporting:

• Guidance on how to report accidents or losses, either through ARS (Automated Response System) or by contacting the Customer Support Center.

Hana Securities is committed to delivering a seamless and responsive customer experience, offering a wide array of services to meet their clients' needs and ensure they receive timely and accurate assistance.

Summary

Hana Securities is an unregulated broker, operating without government oversight like the Securities and Exchange Commission (SEC). This lack of regulation poses potential risks for investors, requiring caution and thorough research. On the positive side, Hana Securities offers a range of financial services, including tailored investment strategies, product recommendations, portfolio analysis, and more. They cater to diverse investment needs, from advisory services to trading in various asset classes and global markets. However, clients should exercise due diligence and consider professional advice when dealing with unregulated brokers like Hana Securities. Additionally, the company provides a structured customer support system with FAQs, specialized centers, contact options, and protection services to assist clients effectively.

FAQs

Q1: Is Hana Securities regulated by a government agency？

A1: No, Hana Securities is an unregulated broker, meaning it operates without oversight from government agencies like the SEC.

Q2: What services does Hana Securities offer？

A2: Hana Securities provides a range of financial services, including tailored investment strategies, personalized product recommendations, portfolio analysis, and various trading options.

Q3: Can I open an account with Hana Securities online？

A3: Yes, you can open a non-face-to-face account online by following the steps outlined in their account opening process.

Q4: How can I contact Hana Securities for support？

A4: You can reach Hana Securities' Customer Support Center via phone, with different numbers for various inquiries. They are available on weekdays from 08:00 AM to 06:00 PM.

Q5: What precautions should I take when dealing with an unregulated broker like Hana Securities？

A5: When dealing with unregulated brokers, it's crucial to exercise caution, conduct thorough research, and consider seeking professional advice to mitigate potential risks associated with lack of regulatory oversight.