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Home -
Broker -
Head & Shoulders -

Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Head & Shoulders

Hong Kong | Above 20 years |
Regulated in Hong Kong | Dealing in securities | Self-developed | Suspicious Scope of Business | Suspicious Overrun | Medium potential risk

https://hnsfg.com/en/index.php

Website
Time Machine

Rating Index

Influence

Influence

D

Influence index NO.1

Australia 2.50
Surpassed 58.30% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+852 3103-8388
info@headandshoulders.com.hk
https://hnsfg.com/en/index.php
28-29/F Queen's Road Centre 152 Queen's Road Central Hong Kong

Licenses

Dealing in securities

SFC Exceeded

Hong Kong Dealing in securities

Licensed Entity：Head & Shoulders Securities Limited

License No. AFS455

Keywords 7
Above 20 years
Regulated in Hong Kong
Dealing in securities
Self-developed
Suspicious Scope of Business
Suspicious Overrun
Medium potential risk
WikiFX Risk Alerts
2025-09-14
  • This broker exceeds the business scope regulated by China Hong Kong SFC(license number: AFS455)SFC-Dealing in securities Non-Forex License. Please be aware of the risk!

Basic Information

Registered Region
Hong Kong
Operating Period
Above 20 years
Company Name
Head & Shoulders Financial Group
Abbreviation
Head & Shoulders
Company employee
--
Customer Service Email Address
info@headandshoulders.com.hk
Contact Number
+85231038388
Company Website
https://hnsfg.com/en/index.php
Company address
28-29/F Queen's Road Centre 152 Queen's Road Central Hong Kong
A Visit to Head & Shoulders in Hong Kong - Office Found
A Visit to Head & Shoulders in Hong Kong - Office Found
A Visit to Head & Shoulders in Hong Kong - Office Found
WikiFX Survey
Head & Shoulders
Head & Shoulders Hong Kong
A Visit to Head & Shoulders in Hong Kong - Office Found
A Visit to Head & Shoulders in Hong Kong - Office Found
A Visit to Head & Shoulders in Hong Kong - Office Found
WikiFX Survey
Head & Shoulders
Head & Shoulders Hong Kong
Biz Area
Website
Genealogy
Relevant Enterprises
Company Summary
Wiki Q&A
Comment

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Official website

Website

hnsfg.com
202.181.134.160
Server Location
Hong Kong
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
2013-08-23
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC

Genealogy

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Relevant Enterprises

Head & Shoulders Financial Group (Holdings) Limited(Hong Kong)
Active
Hong Kong
Registration No.
F0021952
Established
2004-12-23
HEAD & SHOULDERS SECURITIES LIMITED(Hong Kong)
Active
Hong Kong
Registration No.
0698023
Established
1999-12-15

Company Summary

Head & Shoulders Review Summary
Founded1970
Registered Country/RegionHong Kong
RegulationSFC (Exceeded)
Trading Products Securities, stocks, derivatives, bonds, ETFs, REITs
Demo Account❌
Trading PlatformOnline Trading Platform, AAStocks Real-time Quote, iOS Trading App, Android Trading App, eBrokerKey
Minimum Deposit/
Customer SupportGeneral tel: +852 3103-8388
CS hotline: +852 3103-8386
Fax: +852 3103-8399
Email: info@headandshoulders.com.hk
Wechat

Head & Shoulders Information

Head & Shoulders Securities Limited, incorporated in 1970 in Hong Kong, is regulated by the Securities and Futures Commission (SFC) under license AFS455, however its current licensing status is “Exceeded.” It provides securities trading and margin financing services for equities, derivatives, bonds, ETFs, and REITs, but does not offer demo or Islamic accounts.

Head & Shoulders'm homepage

Pros and Cons

ProsCons
Long-established (since 1970)License status currently “Exceeded”
Wide product range: stocks, derivatives, ETFs, REITsNo demo account, no Islamic account
Multiple trading platforms (web, mobile)Minimum deposit not clearly mentioned

Is Head & Shoulders Legit?

Head & Shoulders Securities Limited is a licensed entity controlled by the Securities and Futures Commission of Hong Kong with license number AFS455 for “Dealing in Securities.” However, the current license status is displayed as Exceeded.

Exceeded SFC license

What Can I Trade on Head & Shoulders?

Head & Shoulders Securities Limited offers securities trading and margin financing services, covering stocks, derivatives, bonds, ETFs, and REITs.

Trading ProductsSupported
Stocks✔
Derivatives (warrants, CBBC)✔
Bonds (incl. inflation-linked)✔
ETFs✔
REITs✔
Forex×
Commodities×
Indices×
Cryptocurrencies×
Options×
Products and Services

Account Type

Head & Shoulders Securities Limited provides two types of live accounts — cash and margin — to individual and business clients. They do not provide demo or Islamic accounts. Cash accounts are ideal for conservative or inexperienced traders, whilst margin accounts are ideal for experienced traders looking for leverage.

Account TypeSuitable for
Individual Cash AccountBeginners or investors wanting to trade without leverage
Individual Margin AccountExperienced traders looking to trade on margin (with leverage)
Corporate Cash AccountCompanies wanting to trade securities without using leverage
Corporate Margin AccountCompanies seeking margin financing and leveraged trading
Account Type

Head & Shoulders Fees

Head & Shoulders Securities Limited imposes costs that are comparable to or somewhat more than certain industry competitors.

Fee TypeDetails
Internet OrdersFavorable rates, min. HK$50
Phone OrdersFavorable rates, min. HK$50
Settlement Instruction (SI)0.25% of value, min. HK$500
Investor Settlement (ISI)0.25% of value
Stamp DutyHK$1 per HK$1,000 of transaction
Transaction Levy (SFC)0.0027% of transaction amount
Transaction Levy (FRC)0.00015% of transaction amount
Trading Fee (HKEX)0.00565% of transaction amount
Clearing Fee (HKSCC)0.002% of transaction amount, min. HK$5
Physical Stock DepositHK$5 per lot (transfer deed stamp duty)
Physical Stock WithdrawalHK$6 per lot
Cash Dividend Handling0.5% of dividend amount, min. HK$10
Scrip FeeHK$2.5 per lot (first time)
New Issues Handling FeeHK$50
Fee schedule

Trading Platform

Trading PlatformSupportedDevices
Online Trading Platform✔Web
AAStocks Real-time Quote✔Web, Mobile App
iOS Trading App✔iOS
Android Trading App (APK)✔Android
eBrokerKey (iOS)✔iOS
eBrokerKey (Android)✔Android
Trading Platform

Deposit and Withdrawal

Head & Shoulders Securities Limited does not openly impose deposit or withdrawal fee. The minimum deposit amount is not clearly defined.

Payment OptionsMinimum AmountFeesProcessing Time
Bank Transfer (Deposit)//Same business day if notified before 3:00 pm; otherwise next business day
Bank Transfer (Withdrawal)1–2 days if notified before 11:00 am; otherwise next business day
Deposit and Withdrawal

Keywords

  • Above 20 years
  • Regulated in Hong Kong
  • Dealing in securities
  • Self-developed
  • Suspicious Scope of Business
  • Suspicious Overrun
  • Medium potential risk

Wiki Q&A

sweetosh
Within 1 year

Is Head & Shoulders safe to trade with?

WikiFX Reply
Head & Shoulders is licensed by the SFC, but the “Exceeded” status of its license significantly diminishes its credibility as a regulated entity. For any trader, especially those who are concerned about the safety of their funds, knowing that a broker’s regulatory license is no longer valid is a red flag. While the broker has operated for decades, the lack of up-to-date regulatory supervision makes me hesitant to trade with them. In my opinion, it’s better to opt for a broker whose regulatory status is current and recognized globally.
Broker Issues
Head & Shoulders
Regulation
08-10
United States
DoreenVanDenHeever
Within 1 year

Is Head & Shoulders regulated?

WikiFX Reply
Head & Shoulders Securities Limited is regulated by the Securities and Futures Commission (SFC) under license number AFS455. However, it is important to note that its current license status is listed as “Exceeded,” which means it no longer holds active regulatory authorization from the SFC. From my perspective, this raises concerns about the legitimacy of the broker, especially for international traders who rely on regulatory bodies to ensure the protection of their funds. While the broker has a long history (since 1970) and was once under SFC regulation, I would be cautious given the status of the license and the potential risks associated with trading under these conditions.
Broker Issues
Head & Shoulders
Regulation
07-22
United States
Tricia54
Within 1 year

What are the disadvantages of trading with Head & Shoulders?

WikiFX Reply
The biggest disadvantage of trading with Head & Shoulders is their "Exceeded" license status, which raises doubts about their ongoing regulatory compliance. This means that the broker is no longer under the supervision of the SFC or any other active regulatory authority. Furthermore, they do not offer a demo account, which makes it difficult for new traders to familiarize themselves with the platform before committing real funds. Additionally, there is no information provided on the minimum deposit requirement, making it harder for me to assess the cost of getting started with this broker.
Broker Issues
Head & Shoulders
Regulation
06-29
United States
Imranali Khatri
Within 1 year

Can I trade on Head & Shoulders using mobile apps?

WikiFX Reply
Yes, Head & Shoulders provides mobile trading apps for both iOS and Android devices. The apps are designed to give traders like me full access to the platform, allowing me to place orders, manage my account, and track market data on the go. I find mobile trading especially convenient when I'm traveling or unable to access my desktop. The mobile apps are part of the reason why I would consider trading with Head & Shoulders, as they make trading more accessible.
Broker Issues
Head & Shoulders
Leverage
Platform
Account
Instruments
06-21
United States
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