Overview of CAPITAL SECURITIES
CAPITAL SECURITIES, operating in Greece for around 2-5 years, serves as a brokerage firm facilitating access to various financial markets. The company offers trading in Athens Stock Exchange (ASE) shares and provides access to Athens Derivatives Exchange Market (ADEX) products, including futures and options tied to the FTSE/ATHEX 25 Index and select stocks. International market execution is available via the X-NET network. Fixed income options and Exchange Traded Funds (ETFs) for diversified investment are also provided.
Account-wise, CAPITAL SECURITIES offers Cash Accounts for straightforward trading based on available cash balance and Margin Accounts, enabling clients to exceed their cash balance through collateralized Margin Security Portfolios. The Joint Custody Account (JCA) caters to joint ownership of security portfolios among named individuals with existing accounts.
Established in 1994 and authorized by the Hellenic Capital Markets Committee, CAPITAL SECURITIES provides comprehensive investment services. While the brokerage offers financial data access and news sections, certain details such as spreads, commissions, and deposit/withdrawal processes are undisclosed. Potential investors should exercise caution due to lack of regulation and transparency, ensuring careful consideration before engaging with the broker.
Pros and Cons
Capital Securities presents a series of advantages and drawbacks. On the positive side, it offers direct trading on the Athens Stock Exchange (ASE) and access to ADEX derivatives. The brokerage also facilitates global market execution through X-NET, broadening investment possibilities. Moreover, Capital Securities provides options for fixed income and ETFs, enhancing portfolio diversification. Clients can choose between cash and margin accounts, with the additional benefit of a Joint Custody Account for shared ownership. Access to historical financial data and news alerts, coupled with multiple customer support channels, further contribute to its appeal. However, potential investors should be cautious due to a lack of regulation, limited account details, absence of comprehensive spreads/commissions information, unclear deposit/withdrawal processes, undisclosed trading platforms, and incomplete educational tool details. Additionally, the platform's transparency regarding account types and leverage remains insufficient.
Is CAPITAL SECURITIES Legit？
Capital Securities operates without any valid regulation, indicating a lack of oversight and accountability. Potential investors should exercise caution and be mindful of the associated risks when considering any engagement with this broker.
Market Instruments
ASE STOCKS:
Clients can trade shares listed on the Athens Stock Exchange (ASE) through Capital Securities' brokerage accounts, providing a direct route to engage in ASE trading.
ADEX DERIVATIVES:
Capital Securities grants access to Athens Derivatives Exchange Market (ADEX) products, encompassing futures and options tied to the FTSE/ATHEX 25 Index and select large/mid-cap stocks. Expert advice on ADEX derivatives is available from certified executives.
INTERNATIONAL MARKETS:
Capital Securities offers execution on 37 global markets via the X-NET network. This network facilitates foreign market access while ensuring transactions settle within the Hellenic Dematerialized Securities System.
FIXED INCOME:
Investors can opt for sovereign or corporate bonds, domestic or international, through Capital Securities. Additionally, custodian services are offered for fixed income transactions.
ETFs:
Capital Securities expands investment choices with Exchange Traded Funds (ETFs), enabling indirect trading of indices (e.g., DAX, IBEX, CAC, FTSE, NASDAQ), commodities (e.g., Gold, Silver, Copper), fixed income, and forex products. ETFs enhance portfolio diversification and asset exposure.
Pros and Cons
Account Types
CASH ACCOUNTS:
Capital Securities offers a straightforward execution process for securities trading through Cash Accounts. Transactions rely on the client's available cash balance, granting them a predefined exposure and clear insight into funding requirements.
MARGIN ACCOUNTS:
Capital Securities enables clients to acquire securities exceeding their cash balance, backed by a Margin Security Portfolio. This collateral can be in the form of securities or cash. Margin trading includes short-term two-day credit or longer durations, all compliant with Greece's relevant margin credit regulations.
JOINT CUSTODY ACCOUNT (JCA):
The Joint Custody Account (JCA) is exclusively available to natural persons who hold an active custody/clearing account with the Hellenic Central Security Depository and are existing Capital clients. Functioning akin to a joint bank account, the JCA involves shared ownership of a security portfolio among the named individuals.
Pros and Cons
History & Services
Established in 1994, Capital Securities is a member of the Athens Stock Exchange and Athens Derivatives Exchange, authorized by the Hellenic Capital Markets Committee. It offers investment services, including order transmission, execution, custody, credit for margin trading, securities distribution, research, investment advice, asset management, foreign exchange, and derivative-related services.
Spreads & Commissions
Specific details regarding the spreads, commissions, fees, and leverage for Capital Securities are not provided.
Deposit & Withdrawal
Information regarding the process for depositing and withdrawing capital securities is currently unavailable on their website.
Trading Platforms
Capital Securities appears to offer a range of undisclosed trading platforms that are not prominently featured on their main website.
Educational Tools
Financial Data: Capital Securities provides access to a range of financial data, including historical information from the Hellenic Capital Market Commission. These data sets cover various periods, such as the years 2011, 2012, and 2013, allowing users to review and analyze market trends over time. Additionally, the platform presents details of non-regulated general board meetings and annual financial data elements for specific periods, like 2008, providing users with comprehensive insights into the company's financial activities and decision-making processes.
News: The platform features a news section that delivers updates and alerts to users. It includes reports addressing issues such as potential fraudulent websites falsely claiming affiliation with Capital Securities. The company emphasizes its lack of connection with these websites, cautioning clients and the public against sharing personal information or making payments through them. The news section also covers broader topics, including market-related articles, art, and social issues, offering a diverse range of information to users seeking insights beyond financial data.
Customer Support
For customer support at Capital Securities, you can complete the provided contact form, including your name, email, phone number, subject, and message. Additionally, you can reach out directly through email at info@capitalsec.gr or by phone at +30 210 33 69 700 for the Athens main office. An exclusive partner in Volos, George Filippou, can be contacted at +30 2421 032 439, located at Argonafton 32, 38221 Volos.
Conclusion
In conclusion, when evaluating CAPITAL SECURITIES, it's important to consider both its advantages and disadvantages. On the positive side, the company offers access to various market instruments, including ASE stocks, ADEX derivatives, international markets, fixed income options, and ETFs. They provide different account types such as cash accounts, margin accounts, and joint custody accounts, catering to diverse trading preferences. Established in 1994, CAPITAL SECURITIES holds memberships in key Greek exchanges and offers a range of investment services. However, there are notable drawbacks. The lack of valid regulation raises concerns about oversight and accountability. Specific details about spreads, commissions, fees, and trading platforms are undisclosed. Information about deposit and withdrawal processes is also unavailable, and customer support seems to be limited to contact forms, emails, and phone calls. Potential investors should exercise caution and thoroughly research before considering engagement with this broker.
FAQs
Q: Is CAPITAL SECURITIES a legitimate company？
A: CAPITAL SECURITIES operates without proper regulation, raising concerns about its credibility and investor protection.
Q: What market instruments can I trade with CAPITAL SECURITIES？
A: CAPITAL SECURITIES offers trading in ASE stocks, ADEX derivatives, international markets, fixed income, and ETFs.
Q: What types of accounts does CAPITAL SECURITIES offer？
A: CAPITAL SECURITIES provides Cash Accounts, Margin Accounts, and Joint Custody Accounts for trading and investment.
Q: What services does CAPITAL SECURITIES offer？
A: CAPITAL SECURITIES offers various investment services, including order execution, custody, credit for margin trading, research, asset management, and more.
Q: Are trading spreads, commissions, and fees disclosed by CAPITAL SECURITIES？
A: Detailed information about spreads, commissions, fees, and leverage is not currently available for CAPITAL SECURITIES.
Q: How can I contact customer support at CAPITAL SECURITIES？
A: You can contact CAPITAL SECURITIES' customer support through the provided contact form, email, or phone for the Athens main office and an exclusive partner in Volos.
Q: What educational tools does CAPITAL SECURITIES provide？
A: CAPITAL SECURITIES offers financial data analysis and news updates to provide insights into market trends and relevant information.
Note: Please be aware that the information provided in these FAQs is based on the text you provided and should be verified with up-to-date sources before making any decisions or investments.
