About Lim & Tan
Company Overview
Lim & Tan Securities is a Singapore-based stockbroking firm with a long history dating back to its establishment in 1973. The company is registered at 16 Collyer Quay #15-00 Collyer Quay Centre, Singapore 049318, and operates under the official domain limtan.com.sg.
As a traditional stockbroker, Lim & Tan focuses primarily on securities trading for retail clients. The firm was among the first in Singapore to introduce internet shares trading in October 1998, indicating an early adoption of online trading technology. Despite its longevity, the company is not currently authorized or regulated by any financial regulatory authority, according to available records.
Services and Products
Lim & Tan Securities offers multiple channels for clients to access its online trading platform, allowing users to check prices and execute trades. The core service is stock broking, catering to retail investors in Singapore.
The company does not appear to offer leveraged forex or CFD trading, which distinguishes it from many retail forex brokers. Its product lineup is centered on equities and related securities, consistent with its long-standing identity as a stockbroker.
Regulatory Status
Our review found no evidence that Lim & Tan Securities holds a license from any regulatory authority, including the Monetary Authority of Singapore (MAS). This absence of regulation is a significant consideration for potential clients.
Without regulatory oversight, investors may not have access to dispute resolution mechanisms or compensation schemes typically associated with regulated brokers. The company's unregulated status elevates the risk profile for anyone considering its services.
History and Background
Founded in 1973, Lim & Tan Securities has operated for over five decades in the Singapore financial market. It was an early mover in online trading, launching its internet shares trading platform in 1998.
The company's long presence in the market suggests experience in stock broking, but the lack of regulatory authorization in recent years raises questions about its current compliance and operational standards.
Risk Considerations
The most notable risk factor is the absence of regulatory oversight. Clients trading through an unregistered entity may face challenges in asset protection and recourse in the event of disputes.
Additionally, as a stockbroker without a known forex/CFD offering, the firm may not suit traders seeking leveraged derivative products. The company's focus remains on traditional equities trading.
Overview compiled by FXCanary from regulatory records and public data. full Lim & Tan review