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Best Online Brokerages in Hong Kong 2024

Choose from MoneySmart's curated list of best brokerage accounts in Hong Kong! Read More
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We found 3 Online Brokerages for you!
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Webull Securities Account

Account Opening Min. Funding

HK$10,000

MoneySmart Exclusive
šŸ”„Highest offer in town

Webull Securities Account

Commission Fee US Stocks
US$0
Commission Fee HK Stocks
HK$0
Account Opening Min. Funding
HK$10,000

Limited-time Offer šŸ”„
From now until 30 September, new customers who successfully open an account through MoneySmart and submit reward claim can enjoy up to HK$5,080 exclusive rewards!
ā €ā €
怐$80K Asset Reward 怑: Upon successfully opening an account through MoneySmart, make first deposit of ā‰„HK$80,000 maintain the funds for 60 days:
* German Pool Cordless Wet & Dry Vacuum Cleaner (valued at HK$4,280ļ¼‰/ Beoplay EX Gold Tone In-Ear Earphone  (valued at HK$3,678) / GoPro HERO12 BLACK CHDHX-121 (valued at HK$3,200) / Apple Watch Series 9 (GPS) - 41mm (valued at HK$3,199) / HK$3,000 Apple Store Gift Card / HK$3,000PARKnSHOP supermarket vouchers
ā €ā €
怐NEWEST Reward怑:  Upon successfully opening an account through MoneySmart and making first deposit ā‰¤HK$79,999 and maintain the funds for 60 days, can get :

  • HK$600 PARKnSHOP supermarket vouchers

Investment Loans: September Double Rewards! šŸŽ‰
Applying for a designated loan through MoneySmart in Sep 2024 can earn rewards of up to HK$23,000 and waive platform fee on US stock trading exclusively on Webull.ā €ā €ā†’ Visit the event page for more information.
ā €ā €
**怐MoneySmart Pampers You šŸŽšŸ“± 3 Steps to Win the Newest Flagship Phone怑**ā†’ Visit the event page for more information.

Valid until 30 Sep 2024 - See more details below
Apply Now
Apply Now
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Valuable Capital Brokerage Account

Account Opening Min. Funding

HK$10,000

MoneySmart Exclusive
šŸ”„Highest offer in town

Valuable Capital Brokerage Account

Min. Commission Fee US Stocks
US$0.99
Commission Fee HK Stocks
HK$0
Account Opening Min. Funding
HK$10,000

New users who successfully open account via MoneySmart with promo code怌32BR怍, fulfilling specific requirements and submit the reward claim can get rewards below (either 1)

 ć€Reward 1ļøāƒ£ć€‘Successfully open account and deposit ā‰„ HK$10,000 and retain for 30 days to get :

  • SONY WH-CH720N Headphone (Valued at HK$1,299) / BRAUN Oral-B iO Series 3 Electric Toothbrush (Valued at HK$1,299) / HK$1,000 Apple Store Gift Card / HK$1,000 PARKnSHOP Supermarket Vouchers / HK$1,000 HKTVmall e-Vouchers

怐Reward 2ļøāƒ£ć€‘Deposit ā‰„ HK$10,000 and no withdrawal for 60 days to get :

  • ā SONY WF-1000XM5 earbuds (Valued at HK$2,490) / SAMSUNG GALAXY Tab A9+ (WIFI) (64GB) (valued at HK$1,788) /HK$1,500 Apple Store Gift Card /PARKnSHOP Supermarket Voucher / HKTVmall e-Vouchers

Open accounts and complete 15 trades during retaining period, can get extra:
- HK$200 trading cash coupon*
ā €ā €ā €ā €
怐MoneySmart Pampers You šŸŽšŸ“± 3 Steps to Win the Newest Flagship Phone怑ā†’ Visit the event page for more information.

See below for more rewards.

Valid until 30 Sep 2024 - See more details below
Apply Now
Apply Now
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Futu Securities Account

Account Opening Min. Funding

HK$10,000

MoneySmart Exclusive

Futu Securities Account

Min. Commission Fee US Stocks
US$0.99
Commission Fee HK Stocks
HK$0
Account Opening Min. Funding
HK$10,000

[Limited Offer] New users who successfully open account via MoneySmart with promo code怌MS24怍within 7 days, fulfilling specific requirements and submit the reward claim can get the rewards below. (Either 1)

Reward 1ļøāƒ£: Successfully open account and first deposit HK$80,000 or above and retain for 60 days to get the exclusive rewards:

  • WH-1000XM5 Wireless Noise Cancelling Headphones (valued at HK$3,190) / Apple Watch SE GPS (44mm) (valued at HK$2,199) / HK$2,000 Apple Store Gift Card / PARKnSHOP E-Vouchers / Trip.com Vouchers OR

Reward 2ļøāƒ£: Successfully open account and first deposit ā‰„ HK$10,000 or above and retain for 60 days to get the exclusive rewards:

  • Sennheiser ACCENTUM True Wireless earbuds (valued at HK$1,750) / LG XT7S StanbyME Speaker (valued at HK$1,590) / HK$1,000 Apple Store Gift Card / PARKnSHOP E-Vouchers

Investment Loans: September Double Rewards! šŸŽ‰
Applying for a designated loan through MoneySmart in Sep 2024 can earn rewards of up to HK$23,000ļ¼ā†’ Visit the event page for more information.
ā €ā €ā €ā €
怐MoneySmart Pampers You šŸŽšŸ“± 3 Steps to Win the Newest Flagship Phone怑
ā†’ Visit the event page for more information.
ā €ā €
Applying for a designated loan through MoneySmart in Sep 2024 can earn rewards of up to HK$23,000ļ¼
Extra reward: HK stocks $0 commission+LV1 streaming quotation (Valued at HK$3,246)
ā €ā €
Account opening tutorial: Download and start using Futubull app > Click "ME" and enter "Promotion" Click "Redemptions"> Enter the MoneySmart redemptions code - "MS24", and deposit funds within 7 days

Valid until 30 Sep 2024 - See more details below
Apply Now
Apply Now
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Disclaimer: The content on MoneySmart.hk or this webpage is for reference only and does not constitute any offer, solicitation, recommendation, comment, or any guarantee of any investment product. It should not be construed as an endorsement, recommendation, or sponsorship of any company, security, or fund. In case of any discrepancy in the product information between this webpage and the service providerā€™s website, the version on the service providerā€™s website shall prevail. This site contains unsponsored and sponsored content that may be compensated through third-party advertisers.

Best Stock Brokers in Hong Kong 2024

Online Brokerage Min. U.S. Stock CommissionMin. HK Stock Commission
Futu SecuritiesUS$0.99HK$0
WebullUS$0HK$0
Tiger BrokersUS$0HK$0
LONGBRIDGEUS$0HK$0
Valuable CapitalUS$0HK$0
Saxo Markets US$3HK$40
Charles SchwabUS$0N/A
uSMART SecuritiesUS$0HK$0
Interactive BrokersUS$0.00350.015%

A Beginnerā€™s Guide to the Hong Kong Stock Market

To start investing in the stock market, you need to first open an investment account. You can do so either in brokerages or banks. Before you open an investment account, there are things you should consider. First, you need to understand the costs associated with investing e.g. commission fees, platform fees, etc. However, it should not discourage you from investing. You just need to compare the costs and choose a low-cost platform among all the available options. Secondly, you need to understand more about the stock market in Hong Kong.

In Hong Kong, you can invest in stocks on a monthly basis with as little as HK$1,000. These stock monthly investment options allow investors to begin investing even with a small amount of money and it allows investors to smooth out volatility in markets. You should also take time to learn about how to trade and develop your knowledge in this area. It is important to understand more about the Hong Kong blue-chip stocks, ETR and REITS, etc.

What is an online brokerage?

An online brokerage is a brokerage firm that offers trading service over the internet instead of the traditional way, as online brokers have a lower running cost compared to brick-and-mortar brokers, they often provide better fees and charges. Customers may use their online trading platforms for investments.

Before finding the right online brokers for stocks, you should always make sure that the online trading platform is licensed and registered by the Securities and Futures Commission. If the online broker is located overseas, like Saxo Markets or TD Ameritrade, you should check if they are licensed in jurisdictions.

Hang Seng Index

The Hang Seng Index, which consists of 50 constituent stocks (also known as the blue-chip stocks), is an indicator of the overall performance of the Hong Kong stock market.

Hong Kong Stocks Trading Fees

It is important to understand all the fees associated with investing. Below is a summary of the trading fees:

Brokerage commission

HK Stock Market: HK$0 - HK$40/ transaction

US Stock Market: US$0 - US6.95/ transaction

Platform fee

HK$0- HK$0.5/ transaction

SFC transaction levy

0.0027% of the transaction amount

HKEX trading fee

0.005% of the transaction amount

Stock stamp duty

0.1% of the transaction amount

Central Clearing Shares Payment

0.002% of the transaction amount (min: HK$ 2)

A Beginnerā€™s Guide- Trading US Stocks in Hong Kong

You can start trading US stocks by opening an investment account with banks or international brokers in Hong Kong. In the Hong Kong stock market, the minimum trading unit is ā€œone lotā€, which may equal to 100 shares, 500 shares, etc., depending on the stock price. However, in the US stocks market, you can buy ā€˜one shareā€™. Once your account is open, you can choose from a list of popular US shares such as Amazon, Facebook, Apple and Google. If you are not a resident of the US, you wonā€™t be charged on dividends from the US shares you buy.

Different Portfolio Strategies By Age

When you are young, with an aim to accumulate capital, it is appropriate to take chances and look for high returns in higher-risk assets like shares as you are less vulnerable to high risks. However, as you age, your portfolio should change, before you plan to retire, it is wise to be more protective of the capital you have built over the course of years.

How to Buy Stocks: Open a Stock Account

Most brokers accept online applications, follow these simple steps to open your stock account:

Step 1

Fill in online application form

Simply fill in the online application form with supporting documents e.g. proof of identity and proof of residential address, and submit for review.

Step 2

Fund the account

Complete the risk disclosure statement and fund your account, every broker has a different minimum balance requirement so be sure to keep it in mind.

Step 3

Start trading!

Once the transfer is completed, you are ready to start buying stocks, bonds, funds and other investments.

Online Brokers VS Bank

Investing comes at a cost, including brokerage fees, commissions, platform fees, etc. If you want to keep your expenses down, it is important to choose the right platform. You may be tempted to open an investment account in banks because you trust them. But the high-street bank is not always the best place to buy an investment product. Trading with brokers is almost always cheaper and you can open an account online without hassle.

Related Articles

Online Brokerage FAQ

What exclusive offers can I enjoy if I open a stocks account via MoneySmart?

MoneySmart partners with various brokers in Hong Kong to offer exclusive offers to clients for account opening. Check out our latest brokerage account opening offers with Futu, Webull (currently highest offer in town) and Valuable Capital, etc. now!

Which brokers are commission-free?

SoFi, Webull, and uSmart securities are all commission-free for HK and US stocks and Valuable Capital charges $0 commission fee for HK Stocks. Open an account via MoneySmart today to enjoy exclusive offers!

Is it a good idea to open a brokerage account?

You can buy and sell stocks, funds, bonds, securities and more investments with a brokerage account. Brokerage accounts are perfect for your long-term financial goals, in order to keep investment-related costs from eating up your trading profits, it is a good idea to open a brokerage account.

What is the cheapest brokerage account?

uSMART Securities offers life-time commission fee waiver for US Stock trading and commission fees waiver for HK Stock for the first 90 days. But promotion may change without notice so donā€™t forget to check on MoneySmart for the latest information.

What is the best online brokerage for beginner investors?

Beginners can make use of the free demo account provided by Saxo Markets to learn more about trading and get used to how financial products behave before starting to trade.