Bright Securities has been flagged by ASIC (Australia) for "Unlicensed". Phones: +85258010926
Addresses: 801 Tung Chai Building, 86-90 Wellington Street, Central, Hong Kong This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: bright-securities.com.
My card was charged twice by Bright Securities on the same day. I had to dispute it with my bank. Bright Securities then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Social trading features|Customizable dashboard|Good mobile app|Fast support response
Cons: Account statements could be more detailed|No phone support on weekends
The only good thing about Bright Securities is that they remind you why regulation matters. I found them after attending a webinar they hosted. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Professional team|Dividend tracking
Cons: Limited ETF selection
My withdrawal request from Bright Securities has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Helpful community forum|Multiple order types|No hidden fees
Cons: Spreads widen during volatile periods
Bright Securities locked my account without warning and demanded documents I had already submitted. for the past six months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Personal attention|Automated trading options
Cons: Spreads widen during volatile periods|Limited demo account features