Which brokerage platform is good for investing in US/Hong Kong stocks?

Recently, many fans have consulted me about how mainlanders should choose brokerage platforms when investing in US and Hong Kong stocks. How secure are they? What is the commission situation? And whether they need to go to Hong Kong to open an account in person.

Here, I will briefly introduce the advantages of major securities companies that are currently popular, to help you make wiser investment decisions.

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I. Tiger Securities

Since its establishment in 2014, Tiger Securities has emerged as an internet securities firm focusing on the US and Hong Kong stock markets. With its self-developed high-tech-driven platform, the platform is committed to providing investors with a full stack of global investment services, covering diversified markets such as US stocks, Hong Kong stocks, and even Class A Shares (Shanghai-Hong Kong Stock Connect).

The reason why Tiger Securities has a place in the field of investing in US and Hong Kong stocks is due to its strong technical research and development capabilities and excellent Client Server. With the help of carefully crafted mobile and computer Client software, Tiger Securities has built a convenient and efficient investment stage for investors. Moreover, they provide diversified trading methods such as financing and short selling, and support special functions such as pre- and post-market market trading and option trading, fully meeting the personalized needs of various investors.

Advantages of Tiger Securities:

1. Product category:

The market covers US stocks, Hong Kong stocks, Class A Shares (Shanghai-Hong Kong Stock Connect, Shenzhen-Hong Kong Stock Connect), etc. The varieties include underlying stocks, ETFs, options, turbo, bull and bear certificates, futures, funds, etc.

2. Fast deposit speed:

Tiger Securities supports multiple deposit methods and has a fast deposit speed, making it convenient for investors to quickly deposit and trade.

3. No account management fee:

Tiger Securities does not charge account management fees, reducing investors’ costs.

II. Futu Securities

Futu NiuNiu is a Financial Services platform carefully crafted for global investors, covering trading services in three major markets: US stocks, Hong Kong stocks, and Class A Share. It acts as a caring financial butler, providing investors with real-time quotes, intelligent conditional trading, online communication, and 24-hour uninterrupted global financial information, allowing investors to navigate the global financial stage with ease.

As one of the pioneers of Internet securities firms, Futu NiuNiu took the lead in the Hong Kong stock market and holds a Hong Kong stock license, demonstrating its profound industry heritage. In recent years, it has expanded its US stock business, and its trading software is compatible with multiple operating systems such as PC, Mac, Android, and iOS, meeting the needs of different investors.

Advantages of Futu Niu Niu:

1. Fully functional

Futu NiuNiu provides rich functions such as line drawing, various technical indicators, and stock selectors. The real-time data is like freshly baked bread, and the information on company varieties and ETFs is as comprehensive as the Lingo book.

2. Community communication

In Futu NiuNiu’s NiuNiu circle and NiuNiu chat room, investors can speak freely and share investment experience.

3. Smooth transactions

Supports multiple trading methods, allowing investors to feel at ease in buying and selling operations and easily respond to market changes.

BiyaPay (a global multi-asset trading wallet)

BiyaPay is a global multi-asset trading wallet headquartered in Singapore. Its most notable feature is that users can recharge fiat currency or digital currency (USDT, etc.), exchange them, and then withdraw fiat currency or digital currency through various channels, breaking down the barriers between fiat currency and digital currency. It is also a professional tool for depositing and depositing US and Hong Kong stocks. Users can recharge USDT in BiyaPay to exchange for US dollars or Hong Kong dollars, withdraw to their personal bank accounts, and deposit funds to major securities firms. It is fast and convenient, with no limit on the amount, and can be remitted and delivered on the same day, solving the problem of difficult deposits for investors.

As a new type of Internet brokerage, BiyaPay relies on the strong advantages of the Internet and has always maintained a pioneering posture in the global digital currency asset market. Through its independently developed mobile Client - BiyaPay App, its business covers the fields of US stocks, Hong Kong stocks, etc., providing users with “one account, one sum of money to play the global Capital Markets”, making global investment easier, simpler and safer.

In exploring the path of investing in US and Hong Kong stocks, BiyaPay has demonstrated its unique advantages.

1. Invest without an overseas bank account

BiyaPay supports real-time exchange of digital currencies (such as BTC, USDT) and USD/HKD. Among them, USDT can be exchanged for USD at a 1:1 ratio. Users can deposit USDT to exchange for USD or HKD, and then deposit to major securities firms, solving the problem of difficult deposits for investors.

2. Unlimited Asset Allocation

BiyaPay’s US/Hong Kong stock deposits and withdrawals have unlimited limits, low handling fees, and users can also withdraw funds for more investment methods such as foreign exchange and commodities, helping users truly achieve free asset allocation.

3. Same-day remittance, same-day delivery

Payment can be made through legitimate remittance agencies, achieving zero risk control for banks. It supports local transfers in most countries or regions around the world, with faster arrival speed and higher efficiency. Same-day remittance, same-day arrival!

4. More convenient withdrawal

BiyaPay supports exchanging mainstream fiat currencies (such as US dollars and Hong Kong dollars) for digital currencies, and then withdrawing them on the chain to the exchange and selling them to local bank accounts, achieving real-time withdrawal and solving the problem of investors’ funds returning home.

5. Wide variety of products

BiyaPay is a licensed securities company that provides services such as US stocks, Hong Kong stocks, ETFs, options, financing, and securities lending.

Long Bridge Securities

Long Bridge Securities, since its inception in 2019, has been committed to building a social internet bridge connecting investors and global Capital Markets with users as the core. Through the integration of social media and cutting-edge financial technology, Long Bridge Securities provides investors with a full stack of internet securities services, making global investment accessible, safe, stable, rich and efficient.

Advantages of Long Bridge Securities:

1. The transaction is quite convenient

Investors’ buying and selling operations in the US stock market are quite convenient. Diversified trading methods such as financing and holding financing provide investors with more investment choices.

2. Low transaction costs

On Long Bridge Securities platform, transaction fees are almost negligible, eliminating heavy transaction commissions, and lower financing rates save investors a lot of costs.

3. Convenient deposit and withdrawal

The 724-hour FPS deposit and withdrawal service provided allows investors to have more freedom in the inflow and outflow of funds. The establishment of a special buzz channel has opened up a green channel for investors in urgent need of funds. The simplified process of eDDA authorized deposit makes fund operations easier and more enjoyable.

How to open a Hong Kong bank account

At present, there are two ways to open a bank account in Hong Kong, namely: making an appointment to open an account in Hong Kong and opening an account with a mainland witness.

1. Open an account at the port

Now, it is more convenient to travel between mainland China and Hong Kong. For customers from coastal cities and those planning to travel to Hong Kong, it is also very convenient to open an account after passing through the port.

So, here are several Hong Kong banks that you can make appointments with for your reference.

• HSBC Hong Kong
• Hong Kong Standard Chartered
• Hong Kong Citibank
• Hong Kong DBS Bank
• Hong Kong OCBC Wing Hang Bank

…

Choose any of the above options to open an account. Hong Kong banks have certain requirements for account openers, and they need to prepare the account opening documents.

My ID card, passport, Hong Kong and Macau travel permit, customs clearance receipt, address proof, etc. Please refer to the bank information for details.

2. Mainland Witness Account Opening

Generally speaking, most banks require a deposit or purchase of financial products, otherwise the success rate of account opening is low. If you don’t want to buy insurance or financial products, you can ask the bank channel to help apply for an appointment to open an account. Usually, you don’t need to purchase financial products, but you need to pay a certain service fee to the bank channel, and the success rate of account opening is high.

The process is as follows:

1. Personal account opening materials: ID card, Hong Kong and Macao travel permit or passport
2. Video interview: After the data review, the bank will make an appointment for the time and place of witness , and determine the risk of customer account opening in the form of video call and witness of the bank’s mainland staff.
3. Transfer deposit: Different banks have different requirements for deposits. If you can keep a certain amount of deposit in the account, you can get preferential conditions for reducing account management fees .

Finally, the editor wants to say that the charm of investing in US and Hong Kong stocks lies in their diversified investment opportunities, excellent liquidity, and high transparency. Among them, the US stock market gathers many high-quality Listed Companies, spanning various industries such as technology, consumption, and healthcare, providing investors with a broad range of choices.

As one of the largest Capital Markets in the world, the US stock market is active in trading and has abundant liquidity, making it easier for investors to buy and sell stocks. In addition, the US stock market has a sound system for information disclosure, ensuring that investors can timely obtain company operating information and financial data, thus making wiser investment decisions.

That’s all for the relevant content of “US/Hong Kong stock investment”. Hope it’s helpful to you~