OCBC Securities Review

OCBC Securities

OCBC Securities


  • Leverage: 1:20

  • Regulation: MAS

  • Min. Deposit: $1,000

  • HQ: Singapore

  • Platforms: iOCBC Proprietary Trading Platforms

  • Found in: 1986

OCBC Securities Licenses:

  • OCBC Securities Private Limited - authorized by MAS (Singapore) registration no 196600262R
  • OCBC Securities Private Limited - member of Singapore Exchange Securities Trading Limited (SGX-ST) and Singapore Exchange Derivatives Trading Limited (SGX-DT)

Top 3 Forex Brokers

  1. What is OCBC Securities?
  2. OCBC Securities Pros and Cons
  3. Is OCBC Securities Safe or a Scam?
  4. Leverage
  5. Accounts
  6. Instruments
  7. Fees
  8. Spreads
  9. Deposits and Withdrawals
  10. Trading Platform
  11. Customer Support
  12. Education
  13. Conclusion

Our Review Method

  • 55Brokers Financial Experts with over 10 years of experience in Forex Trading check all trading offerings, regulations and licenses, fees, spreads, platforms, customer service, and placed traders to see trading conditions and give expert opinions about OCBC Securities.

What is OCBC Securities?

OCBC Securities, a subsidiary of OCBC Bank, is a Singapore-based Forex and Stock trading broker. The firm provides services for individuals and institutional clients to buy and sell Securities, Bonds, ETFs, leveraged Futures, Forex, Precious Metals, Stocks, and more on various financial markets. 

Based on our research, the firm is regulated and authorized by the Monetary Authority of Singapore (MAS). Additionally, the broker is a member of the Singapore Exchange Securities Trading Limited (SGX-ST) and the Singapore Exchange Derivatives Trading Limited (SGX-DT).

In general, the firm provides favorable trading conditions, a variety of trading products, and research tools to assist clients in managing their investment portfolios and trade execution.

Is OCBC Securities Stock Broker?

Yes, OCBC Securities provides both Forex and Stock Trading for individual and institutional investors. The firm is dedicated to offering a competitive trading environment and provides a suite of tools to help clients effectively manage their Forex and Stock portfolios.

OCBC Securities Pros and Cons

Per our findings, the broker comes with its set of advantages and drawbacks that are important to consider. The firm offers competitive trading solutions, including favorable fees and access to various financial markets. Additionally, OCBC Securities provides comprehensive learning materials and research tools, enabling clients to make informed investment decisions. The association with OCBC Bank lends credibility and financial stability to the brokerage.

For the cons, there is no 24/7 customer support available. Additionally, the broker lacks a top-tier license and operates under a single regulatory body, which could be a drawback for some traders seeking accounts with multiple regulatory authorities. Also, certain services may come with specific fees or limitations, so investors should be mindful of these to avoid unexpected costs.

MAS license and overseeNo 24/7 customer support
Competitive trading conditionsHigh minimum deposit requirement
Trading productsNo top-tier license
Good education and research
STP/DMA Execution
Professional trading
Singapore investors

OCBC Securities Review Official Website

OCBC Securities Review Summary in 10 Points
🏢 HeadquartersSingapore
🗺️ RegulationMAS
🖥 PlatformsiOCBC Proprietary Trading Platforms
📉 InstrumentsSecurities, Bonds, ETFs, leveraged Futures, Forex, Precious Metals, Stocks, Indices, Commodities, Options, Shares
💰 EUR/USD Spread 0.9 pips
🎮 Demo AccountAvailable
💳 Minimum deposit$1,000
💰 Base currenciesEUR, USD, SGD, HKD
📚 EducationProvided
☎ Customer Support24/5

Overall OCBC Securities Ranking

According to our analysis, OCBC Securities is known for its reliable investment services and extensive range of trading products. However, we recommend considering the specific trading needs, preferences, and potential limitations of the platform before making a decision.

  • OCBC Securities Overall Ranking is 7.8 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry-leading brokers.
RankingOCBC SecuritiesFxOroXPro Markets
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
AdvanatgesTrading ConditionsTrading InstrumentsTrading Fees

OCBC Securities Alternative Brokers

After considering multiple factors such as trading features, regulatory compliance, spreads, trading instruments, and user reviews, we have conducted an analysis and compiled a list of potential broker alternatives to OCBC Securities.

Is OCBC Securities Safe or Scam?

No, OCBC Securities is not a scam. It is a reliable Forex and Stock trading broker that follows the guidelines established by MAS. This regulatory authority imposes strict rules and regulations to ensure high standards in the financial industry.

Is OCBC Securities Legit?

Yes, OCBC Securities is a legitimate brokerage firm for traders looking to invest and manage their assets. It is regulated by a respected Singapore authority and has a good reputation and integrity in the financial industry.

Additionally, the company does not offer services in offshore zones, emphasizing its commitment to operating within a regulated jurisdiction and providing transparency to traders.

See our conclusion on OCBC Securities Reliability:

  • Our Ranked OCBC Securities Trust Score is 7.8 out of 10 for good reputation and services provided. However, we recommended conducting your research, reviewing customer feedback, and considering personal factors before deciding to engage with the broker.
OCBC Securities Strong PointsOCBC Securities Weak Points
Professional trading environmentNone
Account balance protection
Client funds security

Customer Trading Protection

According to our findings, OCBC Securities implements diverse measures to safeguard its trading accounts. These typically include regulatory oversight, and ensuring compliance with applicable rules and regulations. The company also maintains fund protection mechanisms to keep client funds separate from the broker’s operational funds.

However, we suggest conducting thorough research, including reading user reviews and considering other factors, to assess the broker’s reputation and legitimacy.

OCBC Securities Review License

OCBC Securities Leverage

Leverage is a valuable tool that allows traders to enter the market with limited capital. However, you should understand that it can result in substantial gains or losses. Therefore, traders must have a comprehensive understanding of how leverage operates and its potential consequences before engaging in any trading activities involving leverage.

OCBC Securities leverage is offered according to MAS regulation:

  • Traders from Singapore may use low leverage up to 1:20.

Account Types

Per our research, the broker offers five account types tailored to meet diverse trader needs. This range allows investors to choose accounts that align with their financial goals and preferences.

Variety of accountsHigh minimum deposit
Fast and easy account opening
Demo account

Opening OCBC Securities Trading Account

Opening an account with a broker is quite an easy process, as you can log in and register with OCBC Securities within minutes. Just follow the opening account or sign-in page and proceed with the guided steps:

  • Select and Click on the “Create an Account” page
  • Enter the required personal data (Name, email, phone number, etc.)
  • Verify your data by uploading documentation (residential proof, ID, etc.)
  • Complete the electronic quiz confirming your trading experience
  • Once your account is activated and proven, follow with the money deposit.

OCBC Securities Review Accounts

Trading Instruments

OCBC Securities provides access to a comprehensive selection of trading products, such as Securities, Bonds, ETFs, leveraged Futures, Forex, Precious Metals, Stocks, Indices, Commodities, Options, and Shares

This variety of trading products empowers traders and investors to create well-rounded portfolios that align with their financial objectives and risk preferences.

  • OCBC Securities Markets Range Score is 8.9 out of 10 for a diverse selection of trading products overall.

OCBC Securities Review Trading Instruments

OCBC Securities Fees

After examining the broker’s fee offering, we found that fees vary based on the type of account, trading services, and the financial instruments involved. Generally, brokerage fees may include commissions, spreads, and other charges associated with trading activities.

Therefore, carefully review the broker’s fee structure and terms and conditions to gain a comprehensive understanding of the associated charges and their potential impact on trading operations.

  • OCBC Securities Fees are ranked average with an overall rating of 7.5 out of 10 based on our testing and compared to over 500 other brokers.
FeesOCBC Securities FeesFxOro FeesXPro Markets Fees
Deposit feeYesYesNo
Withdrawal feeYesYesYes
Inactivity feeYesYesYes
Fee rankingAverageAverageAverage

OCBC Securities Review Pricing


Based on our test trade, the broker provides competitive spreads, with an average spread of 0.9 pips for the EUR/USD currency pair in the Forex market.

However, spreads can vary based on market conditions, volatility, and liquidity, so consult the broker’s website or contact customer support for detailed information on the spreads they offer for specific instruments and account types.

  • OCBC Securities Spreads are ranked low or average with an overall rating of 8 out of 10 based on our testing comparison to other brokers. We found Forex spread lower than the industry average of 1.2 pips and the spreads for other instruments are competitive too.

Asset/ PairOCBC Securities SpreadFxOro SpreadXPro Markets Spread
EUR USD Spread0.9 pips1.2 pips2.5 pips
Crude Oil WTI Spread323
Gold Spread1280.05

Deposits and Withdrawals

Per our research, the broker provides a variety of funding methods for traders to instant deposit funds into their trading accounts including Electronic Payment for Shares (EPS), Telegraphic Transfer, PayNow, and Internet Bill Payment. However, some payment methods may have specific requirements or restrictions depending on the client’s bank or other financial institutions involved.

  • OCBC Securities Funding Methods we ranked good with an overall rating of 8 out of 10. Fees are low, and also you can benefit from various account-based currencies.

Here are some good and negative points for OCBC Securities funding methods:

Variety of funding methodsNone
Fast digital deposits

OCBC Securities Minimum Deposit

We found that the broker’s minimum deposit requirements can differ depending on the type of account and trading services. Specifically, for the Basic Trading account targeted at individuals between 18-20 years old, the initial deposit stands at $1,000.

OCBC Securities minimum deposit vs other brokers

OCBC Securities Most Other Brokers
Minimum Deposit $1,000 $500

OCBC Securities Withdrawals

Based on our analysis, the withdrawal process is both convenient and swift. The specific withdrawal process might vary depending on your local bank.

Withdraw Money from OCBC Securities Step by Step:

To initiate a withdrawal fund from your trading account, the brokerage firm provides a set of typical steps that can be followed:

  1. Login to your account
  2. Select Withdraw Funds’ in the menu tab
  3. Enter the withdrawn amount
  4. Choose the withdrawal method
  5. Complete the electronic request with the requirements
  6. Confirm withdrawal information and Submit
  7. Check the current status of withdrawal through your Dashboard

OCBC Securities Review Payment Methods

Trading Platforms

OCBC Securities provides traders with its proprietary iOCBC trading platforms. These platforms are designed to offer investors a comprehensive and user-friendly experience, with features such as real-time market data, analysis tools, and comprehensive trading strategies.

  • OCBC Securities Platform is ranked good with an overall rating of 8 out of 10 compared to over 500 other brokers. We mark it as good since it offers advanced trading platforms and mobile apps.
PlatformsOCBC Securities PlatformsFxOro PlatformsXPro Markets Platforms
Own PlatformsYesYesYes
Mobile AppsYesYesYes

Trading Tools

We found that the broker offers a diverse set of trading tools designed to empower users. The proprietary iOCBC trading platforms provide real-time market data, advanced charting capabilities, and analytical features. Traders can leverage these tools for comprehensive market analysis, making well-informed investment decisions, and executing trades with precision.

OCBC Securities Review Trading Platforms

Customer Support

The broker offers 24/5 customer support via email, phone lines, and social media channels. Additionally, the support team includes trading experts who can assist with technical support, analysis recommendations, general inquiries, and operational issues.

  • Customer Support in OCBC Securities is ranked good with an overall rating of 7.8 out of 10 based on our testing. The support team is responsive during working days, ensuring efficient assistance.

See our find and ranking on Customer Service Quality:

Supportive customer serviceNo 24/7 customer support
Relevant answers
Quick responses

OCBC Securities Education

In the end, the broker prioritizes client education by offering a range of educational resources and materials, such as articles, webinars, and tutorials, providing valuable insights to help them make informed decisions in their trading and investment activities.

  • OCBC Securities Education ranked with an overall rating of 8 out of 10 based on our research. We found that the broker offers good learning materials suitable for all levels of users to enhance their trading knowledge.

OCBC Securities Review Education

OCBC Securities Review Conclusion

In conclusion, OCBC Securities is a reliable Forex and Stock trading broker. With competitive trading conditions, robust educational resources, and a range of trading tools, it caters to the needs of both individual and institutional investors.

While the specifics of fees, minimum deposits, and other factors should be considered individually, the broker stands out as a comprehensive option for those seeking a well-rounded and informed trading experience.

Based on Our findings and Financial Expert Opinions OCBC Securities is Good for:

  • Traders from Singapore
  • Currency trading
  • Professional trading
  • Investing
  • Beginners
  • Advanced traders
  • STP/DMA execution
  • Competitive spreads
  • Good education and trading tools

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