Howell Schine & Co has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 852 3101 7947, fax 852 3014 4849
Addresses: Level 27 One Exchange Square Tower 8 Connaught Place 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: www.howellschine.com.
I had high hopes for Howell Schine & Co while looking for alternatives to my previous provider, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Automated trading options|Segregated accounts
Cons: Slow to add new assets
Where do I even begin with Howell Schine & Co? for roughly four months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Educational resources|Portfolio tracking tools
Cons: Alert system is basic
Opened my account with Howell Schine & Co through my accountant's suggestion and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Comprehensive tools|Customizable dashboard|High security standards
Cons: Desktop app not available on Linux|Limited ETF selection
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Howell Schine & Co said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Clean UI|Helpful community forum
Cons: Wish they had more educational resources|Minimum deposit could be lower
Howell Schine & Co seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Stable platform|Easy to use platform
Cons: Limited demo account features
I closed a profitable position at Howell Schine & Co and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Multiple order types|Fast deposits|Economic calendar|Intuitive for beginners
Cons: Mobile app could be improved|Some tools only available on higher tiers
KYC with Howell Schine & Co is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Good mobile app|Automated trading options|Portfolio tracking tools|Risk management tools
Cons: Account statements could be more detailed|Limited social trading features
Howell Schine & Co changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Educational resources|Two-factor authentication|Easy to use platform|Clean UI
Cons: Mobile app could be improved