What are the trading platforms for US and Hong Kong stocks? How to trade US and Hong Kong stocks?

I remember the first time I tried trading stocks in the US and Hong Kong, I was very confused about how to choose a platform and the operation process. At that time, I chose a platform recommended by a friend, and found that the entire trading process was much simpler than I imagined. From account opening to placing an order, the operation was very intuitive, and the platform’s functions were also comprehensive, which helped me quickly familiarize myself with the entire process.

Through this experience, I also realized that choosing a suitable trading platform can make investing in US and Hong Kong stocks easier. Today, I will share with you some tips on choosing a US and Hong Kong stock trading platform and how to trade smoothly on these platforms.

Common US and Hong Kong stock trading platforms

When choosing a trading platform for US and Hong Kong stocks, several mainstream platforms are widely welcomed for their high-quality services and functionality.

Futu Securities

Futu Securities is a good choice for many investors, especially in Hong Kong and US stock trading. One of Futu Securities’ biggest advantages is its rich stock selection, which almost covers most popular companies in US and Hong Kong stocks. The platform has relatively low transaction fees and provides a very clear interface, making it very intuitive for users to operate. Whether you are a novice investor or an experienced veteran, Futu Securities can provide suitable functions. In addition, Futu Securities provides real-time quotes, detailed technical analysis tools, etc., which can help investors make better decisions.

Tiger Securities

Tiger Securities is also a very popular platform, especially in the US and Hong Kong stock markets. With its transparent fee structure and simple operation process, it has attracted a large number of investors. The platform’s transaction fees are transparent and there are no hidden fees, which is very suitable for investors who pursue low-cost trading. Tiger Securities has a user-friendly interface, especially for beginners, which is very easy to operate. It provides a variety of investment products, including stocks, ETFs, options, etc. Investors can not only trade stocks, but also choose other investment methods according to their risk preferences and investment goals. In addition, Tiger Securities also has a very powerful mobile end application, which allows users to trade anytime, anywhere.

Interactive Brokers

Interactive Brokers is a global trading platform that is particularly suitable for users who want to invest in multiple markets. It not only supports trading in US and Hong Kong stocks, but also enables global investment. The characteristics of Interactive Brokers are its powerful trading tools and global Asset Allocation function. For novice investors, the operation interface of Interactive Brokers may be somewhat complex and require certain learning costs, but for experienced investors, it provides powerful investment tools, especially for long-term investors who need diversified Asset Allocation. Although Interactive Brokers’ transaction fees are relatively low, its fee structure is relatively flexible, and investors can choose the most suitable rate based on trading volume and frequency.

BiyaPay

BiyaPay licensed brokerage, as a new type of Internet brokerage, In recent years, it has gradually occupied a place in the US and Hong Kong stock trading markets. Its most significant feature is that users can recharge fiat currency or digital currency (USDT, etc.), and exchange with each other, and then withdraw fiat currency or digital currency through various channels, breaking down the barriers between fiat currency and digital currency, so it has attracted many investors.

Through the self-developed mobile Client - BiyaPay App, it provides a rich variety of products , covering global remittance, US stocks, Hong Kong stocks, ETF, options, financing and other fields, truly allowing users to experience “an account, a sum of money can play the global Capital Markets”, making global investment become easier, simpler and safer.

How to trade US and Hong Kong stocks?

Once you have chosen a suitable trading platform, the next step is how to smoothly trade US and Hong Kong stocks. For most investors, the operation process may seem complicated, but as long as you master a few basic steps, you can easily get started.

First is account opening. The account opening process of each trading platform is basically similar, and generally requires the submission of some basic personal information and identity proof materials.

Depending on the platform, some platforms may also require identity verification to ensure that users comply with relevant trading regulations. After submitting the necessary information, the account will generally be approved within 1-2 working days. After successfully opening an account, investors can start depositing funds and preparing for trading.

There are usually multiple ways to deposit funds, such as bank transfer, e-wallet, or cross-border Payment Instrument. Different platforms support different deposit methods, so when choosing, you need to consider the convenience of the platform and the remittance fee. It should be noted that cross-border remittance may involve exchange rate conversion and handling fees, so it is very important to choose a platform with low handling fees and favorable exchange rates.

In addition, the above-mentioned BiyaPay can also be used as a deposit and withdrawal tool, you can recharge digital currency exchange for fiat currency, and then withdraw to your personal bank account, transfer funds to other brokerage platforms for US and Hong Kong stock investment , and solve the problem of difficult deposit for investors.

After depositing the funds, you can start browsing the stocks on the US and Hong Kong stock markets and choose the stocks that interest you for trading.

In terms of operation, the platform provides various ways to place orders, the most common of which are market orders and limit orders. Market orders are executed immediately according to the current market price, while limit orders are set by investors at a desired price. The transaction will only be executed when the stock price reaches this price. For novice investors, market orders are usually a simpler and more direct choice, while limit orders are suitable for investors who want to accurately control the trading price.

During the trading process, the platform also provides real-time market data and stock charts to help investors understand market trends in a timely manner. These data are very helpful for analyzing indicators such as stock price fluctuations, trading volume, and judging the overall trend of the market.

In addition, some platforms also provide stop-loss and take-profit functions. Investors can set prices in advance. When the stock price reaches the set price, the system will automatically sell or buy, helping investors lock in profits or reduce losses.

After the transaction is completed, investors need to pay attention to fund management. Most platforms support multiple ways to withdraw funds, including bank transfers, third-party payment platforms, etc. When withdrawing funds, attention should be paid to the platform’s handling fees and arrival time. Generally, cross-border transfers will take more time and cost than local transfers.

Overall, choosing the right trading platform is the first step to smoothly enter the US and Hong Kong stock markets. Whether it’s Futu, Tiger, or BiyaPay, each platform has its unique advantages, and everyone can make a choice according to their own needs. After becoming familiar with the platform operation, investors can easily seize market opportunities.