How to Open a Victory Securities Account: 2025 Guide to Hong Kong Stocks and Virtual Asset Investment for Beginners

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This Victory Securities account opening tutorial will guide you through the “VictoryX” App to step-by-step activate Hong Kong stock and virtual asset trading functions. With Hong Kong Exchanges virtual asset trading volume surging to HK$26.1 billion in the first half of 2025, compliant investment channels are receiving attention.

Core Prerequisites for Account Opening Before starting the application, you must prepare the following four key materials:

1. Mainland China resident ID card
2. Mainland China bank card (only for identity verification)
3. Hong Kong bank account in the same name
4. Overseas address proof

You will efficiently complete the entire account opening process through three major steps: prepare materials, online application, and deposit activation.

Key Takeaways

• Account opening requires preparing four important documents: mainland China ID card, mainland bank card, Hong Kong bank account in the same name, and overseas address proof.
• Online application is completed through the “VictoryX” App, requiring uploading documents, filling information, submitting address proof, and completing risk assessment.
• To trade virtual assets, select high risk preference in risk assessment and demonstrate knowledge of virtual assets.
• Account activation requires transferring at least equivalent to $1,300 from the Hong Kong bank account in the same name.
• Hong Kong bank account in the same name and overseas address proof are key for mainland China residents to successfully open accounts.

Pre-Opening Preparation: Essential Materials Checklist

To do a good job, one must first sharpen one’s tools. Before formally starting the online application, please prepare the following four key documents. Complete materials are the first step to ensuring smooth completion of this Victory Securities account opening tutorial.

1. Identity Proof: Mainland China Resident ID Card

You must prepare a valid mainland China resident ID card. During the application, you need to photograph and upload front and back photos of the ID card. Please ensure the photos are clear without reflections.

2. Bank Cards: Mainland and Hong Kong Accounts in the Same Name

This is the most critical and easily confused part. You need to prepare two bank cards with completely different uses.

Important Distinction

• Mainland China Bank Card: Only used for real-name verification to confirm your identity information. This card is not used for subsequent fund operations.
• Hong Kong Bank Account in the Same Name: This is the only channel for activating the account and future deposits/withdrawals. You must have a bank account issued by a Hong Kong-licensed bank in the same name as your ID card.

3. Address Proof: Overseas Address Document Requirements

Victory Securities requires you to provide a non-mainland China address proof. This document must meet the following conditions:

• Issued by a public institution within the past three months.
• Clearly printed with your name and full address.
• Common valid documents include: utility bills, bank or credit card statements, etc.

For most mainland China residents, obtaining such documents may pose challenges. For example, some users obtain compliant address proof documents through services like Biyapay.

Tip: If you are a Hong Kong permanent resident, the account opening process is simpler. You only need to provide Hong Kong ID card and local address proof.

4. Email Address: For Receiving Account Notifications

You need to provide a valid and commonly used email address. Victory Securities will send account opening confirmations, transaction notifications, and monthly statements through this email. Recommend using internationally common email services.

Victory Securities Account Opening Tutorial: Full Online Application Process

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After preparing all materials, you enter the core link of the process: online application. You will complete all operations through the “VictoryX” App. This process is fully online and very convenient. The following Victory Securities account opening tutorial will take you through every step.

1. Download App and Select Resident Status

First, search and download the “VictoryX” App in your phone app store. After installation, open the App to start registration.

• Phone Registration: You can directly use a +86 mainland China phone number for registration.
• Language Selection: The App supports Simplified Chinese; you can switch in settings for convenient operation.
• Select Status: In the first step of account opening, the system asks you to choose tax jurisdiction. You need to select mainland China resident.

2. Upload ID Card and Fill Personal Information

This step requires submitting identity information for verification. You need to follow App guidance to photograph and upload front and back of ID card. Subsequently, the system may auto-recognize some information, but you still need to carefully check and manually fill remaining personal details, such as name in Pinyin, occupation, income, etc.

Error Avoidance Guide: Common Upload and Filling Errors To ensure one-time approval, avoid the following common errors:

• Information Mismatch: Ensure filled name in Pinyin, birth date exactly match ID document.
• Unclear Documents: Uploaded photos must be clear and readable, avoid reflections or blurriness, otherwise system cannot recognize.
• Expired Documents: Check if your ID card is within validity.
• Address Spelling Errors: Ensure address spelling accurate.

3. Submit Overseas Address Proof Document

Next, upload the previously prepared overseas address proof document. Find the corresponding upload entry in the App and submit a clear scan or photo of a compliant document.

After submitting all documents, your application enters the review stage. Please wait patiently; Victory Securities’ backend team will approve.

Processing Time: Usually, waiting for approval takes 1-3 business days. Review results will be sent via email.

4. Complete Risk Assessment and Knowledge Quiz

This is the decisive step for activating virtual asset trading permissions. You need to complete a financial and risk assessment questionnaire.

Key Tip: How to Choose Risk Preference To successfully activate virtual asset trading, you must demonstrate high risk tolerance in the questionnaire. When asked about investment goals and risk preference, suggest selecting “speculation” or “high risk” options. This is because virtual assets are highly volatile products, and regulations require brokers to ensure investors understand and can bear corresponding risks. Setting your risk preference to accept investing in high-growth US tech stocks helps pass assessment.

Subsequently, complete a virtual asset knowledge quiz. This quiz confirms your basic understanding of virtual asset concepts and risks.

Quiz Preparation Ideas:

5. Select Account Types and Electronic Signature

In the final stage of application, the system lets you confirm account types to open. At this point, be sure to select both securities account and virtual asset trading account options to ensure both functions activate.

After confirmation, complete electronic signature in the App. Usually just enter your name as prompted. After signing and submitting, the entire online application process ends. This Victory Securities account opening tutorial has covered all online steps; next just wait for approval email.

Final Step: Deposit to Activate Account

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Congratulations on reaching the final step of this Victory Securities account opening tutorial. After receiving the account approval email, you only need to complete the first deposit to formally activate your Hong Kong stock and virtual asset trading functions.

First Deposit Requirement You need to deposit an amount not less than equivalent to $1,300 to activate the account. This fund must be transferred from your Hong Kong bank account in the same name.

1. Bind Hong Kong Bank Card in App

First, log into the “VictoryX” App, find the bank account binding entry in assets or personal center page. Accurately fill your Hong Kong-licensed bank account information under your name, including bank name, account number, etc. The system records this for subsequent fund verification.

2. Initiate Transfer from Hong Kong Bank

After binding, initiate a transfer from your Hong Kong bank App or online banking to the recipient account provided by Victory Securities.

You can choose suitable transfer method based on needs. Hong Kong-licensed banks usually offer multiple options, with “Faster Payment System (FPS)” highly recommended for efficiency.

• FPS: Supports 7 days a week, 24 hours real-time transfers, funds usually arrive instantly.
• Electronic Direct Debit Authorization (eDDA): Convenient authorized debit service for quick deposits.

To help better choose, the following compares common transfer methods:

After completing transfer, save screenshot of successful transfer proof. This screenshot is key for subsequent verification.

3. Upload Deposit Proof and Await Review

Final step, return to “VictoryX” App, find “Deposit Funds” or “Deposit Notification” page. Here fill actual transferred amount and upload just saved transfer proof screenshot.

Proof Verification Points Ensure uploaded screenshot clearly includes:

• Your name
• Your bank account
• Transfer amount and time

After submitting proof, Victory Securities’ finance team reviews. This process usually takes 1-2 business days. After funds arrive and review passes, you receive email or App push notification. At this point, your account is successfully activated, and you can start your investment journey.

You have completed the three core steps of opening a Victory Securities account: prepare materials, online application, and deposit activation. The entire process is clear, concise, and fully online.

Remember, Hong Kong bank account in the same name and overseas address proof are the two cornerstones for mainland China residents to successfully open accounts; prepare in advance.

After account activation, you can trade Hong Kong stocks and mainstream virtual assets within a compliant framework. The Hong Kong Securities and Futures Commission (SFC) is committed to promoting virtual asset ecosystem development through its regulatory framework while protecting retail investors. This means you can more conveniently invest in assets like Bitcoin (BTC) and Ethereum (ETH), starting your global investment journey.

FAQ

What If I Don’t Have Overseas Address Proof?

You must provide a valid overseas address proof. This is a mandatory account opening requirement. Without it, your account application cannot pass review. You need to first obtain a compliant address proof document before submitting the application.

Can I Use a Mainland China Bank Card for Deposits?

No. Mainland China bank card is only for identity verification. You must use your Hong Kong-licensed bank account in the same name for deposits, withdrawals, and account activation. This is key to ensuring compliant fund flows.

Why Can’t My Account Trade Virtual Assets?

This is likely because your risk assessment questionnaire choices were too conservative. To activate virtual asset trading, you must prove high risk tolerance to the broker. For example, willingness to invest in high-growth US tech stocks.

Is There a Minimum for First Deposit Amount?

Yes, account activation has a minimum deposit requirement. Ensure your first deposit amount not less than specified standard, otherwise account cannot activate successfully.