TPEX — Taiwan
First Financial Securities Limited
Regulated · No. Unreleased
First Securities Review — Overview
Regulation
Offshore regulated
Licence
TPEX · No. Unreleased
Licence status
Regulated
Instruments
Equities, Derivatives, and Fixed-Income Securities
Operating
Est. 2016
Main market
TW
Entity
First Financial Securities Limited
Website
Unknown
First Securities is a forex & CFD broker based in Taiwan, established in 2016. On Trust Broker Hub it holds a Trust Score of 3.8 out of 10, which we rate as Poor — above the industry average of 3.3/10. High-risk profile — proceed only with caution and small amounts.
First Securities's licence comes from an offshore jurisdiction (TPEX). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
First Securities provides access to Equities, Derivatives, and Fixed-Income Securities. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, First Securities carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.
Trust score breakdown
How is this calculated?Trust Score history
First Securities currently scores 3.8/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a TPEX licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Equities, Derivatives, and Fixed-Income Securities |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Not disclosed |
| Platforms | Not disclosed |
| Demo account | Not disclosed |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on First Securities
Our analysis · editorial
3.8/10
High-risk profile
First Securities is regulated in an offshore jurisdiction (TPEX), which offers lighter oversight than tier-1 regimes. Based in Taiwan, it has been operating for about 10 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.8/10 — a high-risk profile.
Strengths
- Long 10-year operating track record
- No complaints on record with us
Watch-outs
- Regulated only in an offshore jurisdiction — weaker investor protection
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
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First Securities — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag First Securities here if that changes.
Full specifications
Regulated region
Taiwan
Operating period
5-10 years
Main market
TW
Licensed entity
First Financial Securities Limited
License status
Regulated
Instruments
Equities, Derivatives, and Fixed-Income Securities
Year founded
2016
Frequently asked
Is First Securities a safe broker?
First Securities scores 3.8 / 10 on our Trust Score, above the 3.3 industry average. It is only offshore-regulated, which means weaker protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the First Securities trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from First Securities?
First Securities doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.