In my experience as a trader, there are several important factors I always examine before engaging with a broker like TCS (Taiwan Cooperative Securities). While TCS is regulated under the Taipei Exchange (TPEx) in Taiwan, which adds a measure of legitimacy and oversight, I found some aspects that warrant a conservative approach. One primary concern is the moderate risk rating and the lack of transparency—details such as the actual license number aren’t disclosed publicly. This lack of readily available regulatory information makes it more difficult for me to independently verify their oversight status, which is a key part of my personal risk management process. In addition, TCS’s communication channels appear limited, with only a phone number provided for customer support—no clear information about online platforms, leverage, minimum deposit, or demo accounts. As someone who values responsive, multi-channel support—especially in volatile market situations—this presents a drawback. The range of services TCS lists is broad, including margin trading, short selling, and foreign securities, but without clarity on trading conditions or the specific platform, I can’t fully assess how user-friendly or robust their systems are for more active or international traders like myself. For me, using a broker with undisclosed critical details means I would proceed cautiously, making sure to perform additional due diligence and perhaps start with a limited investment to further test their reliability.