SoFi Hong Kong Brokerage Account
SoFi Hong Kong Brokerage Account
Top reasons to apply for SoFi Hong Kong Brokerage Account 1) Trade over 15,000 US and Hong Kong stocks and ETFs，2）SoFi Points Rewards Program: earn points and exchange for free shares，3）Start investing with as little as US$10 to own fractions of stocks, including Amazon, Tesla and Apple
- 6.125%
- Margin Rate
- HK$0
- Minimum Commission - Internet Trade
- 0%
- Commission - Internet Trade
All Details
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SoFi Hong Kong Brokerage Account Fees
| SoFi fees and charges | Details |
|---|---|
| Commission Fee | HK$0 |
| Platform Fee | HK$30/month |
| Scrip Fee | HK$2/lot |
SoFi Hong Kong Brokerage Account Pros and Cons
Pros
- No commissions fees required
- Earn points through the SoFi Points Rewards Program by completing specific tasks and exchange for free shares
- Start investing with as little as US$10 to own fractions of stocks
- Easy to use - suitable for beginners
- Can easily open an account on the Apps with a few simple steps
- Videos, podcasts, private social network and live seminars available for investors to learn about the fundamentals of investing
Cons
- Delay in real-time stock quotes
- Limited functions e.g trading unavailable within the website - not suitable for experienced investors
- Futures trading not available
- IPO subscriptions only available by phone order
- Quotes on indices unavailable - hard to keep track of the performance of important indices
SoFi FAQ
Is initial deposit required to open a SoFi account?
- Yes, you need to deposit a minimum of HK$10,000 when opening a SoFi account, in compliance with the requirements of the Securities and Futures Commission.