Afflux Securities

Afflux Securities Limited is a Hong Kong-incorporated securities brokerage that was founded on 10 February 2020. The firm operates under the domain affluxsec.com and presents itself as a provider of securities trading services to Hong Kong-based investors. Its registered address is at Unit 06, 11/F, Emperor Group Centre, 288 Hennessy Road, Hong Kong (near MTR Wan Chai Station Exit A3). The company’s website is hosted on WordPress.com, and its online presence is relatively modest, with limited publicly available information beyond the official site.

According to the known facts, Afflux Securities was previously regulated by the Securities and Futures Commission (SFC) of Hong Kong, but that license has since been exceeded (i.e., it is no longer current). This means the broker is not currently authorised by the SFC, which is a critical consideration for any investor contemplating opening an account. The lack of active regulatory oversight places the firm in a high-risk category, as there is no direct supervisory body to address client complaints or protect funds under a recognised investor compensation scheme.

As of the date of this profile, Afflux Securities is not listed on the Hong Kong SFC’s public register of licensed corporations. The known facts indicate that its previous SFC licence has been exceeded, meaning the firm no longer holds valid regulatory authorisation. This is a significant red flag for traders who prioritise regulatory protection. Without an active licence, the broker is not subject to the SFC’s capital requirements, client money segregation rules, or conduct standards. Investors should be aware that operating without a licence is illegal in Hong Kong for any firm engaged in regulated activities under the Securities and Futures Ordinance.

Our cross-check of the SFC’s online database confirmed that no current licence is held by Afflux Securities Limited. The absence of regulatory oversight means that any funds deposited with the broker are not protected by the Investor Compensation Fund, which only applies to SFC-licensed intermediaries. FXCanary strongly advises traders to verify the regulatory status of any broker before committing funds, especially when dealing with a firm that claims to have previously held a licence that is now lapsed.

Afflux Securities exclusively supports the LongPort trading platform, a third-party system developed by LongBridge (Hong Kong) Limited. The broker provides a direct link to the LongPort login page from its own website. Additionally, the broker offers two proprietary mobile applications: the ‘Afflux Trading Application’ and the ‘Afflux iToken Application’.

Both apps are built with Infocast Limited and are available at no charge to clients. These apps are intended for executing trades and managing accounts on mobile devices. The website does not detail any desktop or web-based trading platforms beyond the LongPort web trade link.

The reliance on a single third-party platform limits trading options for users who may prefer alternative platforms like specialised charting software or algorithmic trading tools. The Afflux-branded apps appear to be custom wrappers or integrations with Infocast’s technology. Given the limited information, we recommend that potential users review the terms and privacy policies of both LongPort and the Afflux apps before downloading or logging in.

According to the broker’s website, Afflux Securities accepts multiple deposit methods but explicitly states that it does not accept cash or third-party deposits. This implies that deposits must originate from a bank account in the client’s own name. The site does not publish details on the specific payment methods available, nor does it mention withdrawal procedures, minimum deposit amounts, or processing times. The lack of transparent information on funding is a common caution sign for smaller or unregulated firms.

We were unable to verify any independent user reports on deposit or withdrawal experiences, as the broker has no reviews on major industry databases. In FXCanary’s assessment, the absence of clear funding and withdrawal policies is a significant gap in due diligence. Traders should always seek a clear understanding of how their money is handled before opening an account. Without current regulatory oversight, there is no guarantee of timely or complete withdrawal requests.

Afflux Securities does not publish any account tiers or specific minimum deposit requirements on its public website. The firm describes itself as a ‘securities trading’ provider, which suggests that its primary instruments are stocks, bonds, and other equity products. There is no mention of forex, CFDs, commodities, or cryptocurrencies. The broker’s focus on securities alone means it is not a multi-asset platform, and traders looking for leveraged forex or CFD exposure would need to look elsewhere. The lack of detailed account information makes it difficult to assess the suitability for different client segments.

Given the limited data, we assume the broker offers a standard securities brokerage account structure. Without tiered pricing or fee schedules, it is unclear whether the broker charges commissions, spreads, or custody fees. Investors are advised to request a fee and commission schedule directly from the broker before opening any account. FXCanary notes that the absence of transparent pricing is uncommon among established brokers and further underscores the firm’s high-risk profile.

The official website provides contact information? The site does not display a phone number, email address, or live chat feature. The only interactive elements are the login and download links.

This lack of visible customer support channels is a major drawback, especially for a firm that encourages clients to deposit funds. In the event of an issue, clients would be unable to reach support easily. The broker does not offer educational resources, webinars, or market analysis on its public site.

We searched for additional contact details but found none in the web results. The privacy policies list no direct contact information. This opacity is concerning, as reliable customer service is a basic expectation for any financial service provider. FXCanary suggests that traders consider this lack of communication channels as a warning sign and avoid entrusting funds with a firm that does not provide clear avenues for support.

Afflux Securities appears to target Hong Kong-based retail investors who are comfortable trading securities via the LongPort platform. The broker’s Chinese-language website and local registration indicate a focus on the Cantonese-speaking market. Given the lack of a current SFC licence, the firm is not suitable for investors who require regulatory protection. The broker is also not appropriate for those seeking forex or CFD trading, as no such products are offered. The minimal online presence and absence of reviews suggest that the firm is still relatively unknown, which may be a barrier for cautious traders.

Our research indicates that the broker may be best suited for investors who are already familiar with LongPort and are willing to accept the risks associated with an unregulated entity. However, FXCanary strongly recommends that all investors prioritise regulated brokers with a proven track record. The guarded risk score of 46/100 reflects the many red flags identified, including the lapsed licence, opaque operations, and lack of independent reviews.