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RetroRanger

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Everything posted by RetroRanger

  1. Thank you for your insights I will try again @Cicero do you know if the fees (yearly costs) will be substracted from the money you have deposited? I see a lot of details here are also important, in terms of handling of such stuff, to not risk some penalties happening. Because they cannot just get the money from your bank account like with us brokers
  2. Yes, new stocks at 1 Lira is soo cheap but i have so little understanding and also there is so much risk with Brokers Like Degiro to handle this correctly...
  3. They had some weird split thing. Combination of split and new shares from what ive heard .
  4. No update here i guess? I mailed kowoonmo, no response
  5. Just wanted to Share the Last answer from Boom Yes, it apply to Korea stock as well. Actually, all stocks and cash kept by BOOM on behalf of clients, they have to be in the segregated Trust account, if the client maintain a Cash account with us. In case of Margin account, the margin agreement allow us to re-pledge client's securities as collateral with other financial institution. So the risk lies in trusting those stuff and in the worst Case you have to travel to China/Korea and Fight on you own
  6. "Or does the HK regulator only enforce that for HK/Shanghai/Shenzhen stocks?" The seperation of Korea stocks , that is a good question. I could refresh my answer to Boom to find out if they also do that with foreign stocks. In terms of reading / my understanding , they seem to do that. About Swissquote , which would be my number 1 option due to security, the page seem to deliver false information. I contacted them via mail and phone ( order hotline ) and they told me they have no mechanic for ordering korean stocks. Neither online or by phone. That would be the ultimate ( even if it was a bit more expensive ) choice. I agree that Boom would be the least hassle but i simply dont trust the securities! ALSO please keep in mind, that in the worst case scenario you would need to locally travel to HK to solve problems or fight for your issues. I dont see that (financially) realistic to me.
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