Compare the Best Online Investment Brokerages in Hong Kong 2020

Choose from MoneySmart's curated list of best brokerages in Hong Kong, check all stock trading and commission fees. Learn how to maximise returns in investment. Read More
We found 14 Online Brokerages for you!
友信智投 logo

N/A

MoneySmart Exclusive
Min. Commission Fee US Stocks
US$0
Min. Commission Fee Treasuries
HK$0
Min. Funding
US$0
MoneySmart Exclusive:
Enjoy exclusive "uSMART Reward" upon successful registration via MoneySmart
Valid until 30 Sep 2020 - See T&Cs below
Apply Now
Saxo 盛寶金融 logo

Min. Funding

US$2,000

Min. Funding
Min. Commission Fee US Stocks
US$3
Min. Commission Fee HK Stocks
HK$40
Min. Funding
US$2,000
Apply Now
Direct Spot logo

Min. Funding

HK$10,000

Min. Funding
Online Promo
Min. Commission Fee US Stocks
US$13.80
Min. Commission Fee HK Stocks
HK$30
Min. Funding
HK$10,000
Online Promo:
'New customer apply on or before 30 September 2020 is eligible to enjoy "double up rewards" (refund of next month trading commission plus supermarket coupons, max. $1000), 1pc Mi Power Bank and $100 supermarket coupons.
Valid until 30 Sep 2020 - See T&Cs below
Apply Now
德美利證券 logo

Min. Funding

HK$0

Min. Funding
Flat Commission Fee US Stocks
US$6.95
Options Commission Fee Per Trade
US$0.75
Min. Funding
HK$0
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IB 盈透證券 logo

Min. Funding

HK$0

Min. Funding
Min. Commission Fee US Stocks
US$0.0035
Min. Commission Fee HK Stocks
0.015%
Min. Funding
HK$0
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嘉信理財 logo

Min. Funding

US$25,000

Min. Funding
US Stocks & ETFs
US$0
Min. Commission Fee Treasuries
US$0
Min. Funding
US$25,000
Apply Now
東亞銀行 logo

Min. Funding

HK$0

Min. Funding
Min. Commission Fee US Stocks(per share)
US$0.10
Min. Commission Fee HK Stocks
HK$80
Min. Funding
HK$0
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光大新鴻基 logo

Min. Account Funding

HK$0

Min. Account Funding
Min. Commission Fee US Stocks
HK$15
Min. Commission Fee HK Stocks
HK$88
Min. Account Funding
HK$0
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FSM logo

Min. Account Funding

HK$0

Min. Account Funding
Min. Commission Fee US Stocks
US$8.8
HK Stocks & ETFs
HK$50
Min. Account Funding
HK$0
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花旗銀行 logo

Min. Funding

HK$0

Min. Funding
Min. Commission Fee US Stocks
0.50%
Min. Commission Fee HK Stocks
HK$100
Min. Funding
HK$0
Read More
億創理財 logo

Min. Funding

HK$0

Min. Funding
Min. Commission Fee US Stocks
HK$0
Options Commission Fee Per Trade
US$0.65
Min. Funding
HK$0
Read More
華盛 logo

Min. Account Funding

HK$10,000

Min. Account Funding
Min. Commission Fee US Stocks
US$0.99
Commission Fee HK Stocks
HK$3
Min. Account Funding
HK$10,000
Read More
香港上海滙豐銀行 logo

Min. Funding

HK$0

Min. Funding
Min. Commission Fee US Stocks
US$18
Min. Commission Fee HK Stocks
HK$100
Min. Funding
HK$0
Read More
致富 logo

Min. Funding

HK$0

Min. Funding
Min. Commission Fee US Stocks
US$10
Min. Commission Fee HK Stocks
HK$40
Min. Funding
HK$0
Read More

Disclaimer: At MoneySmart.hk, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.

Best Online Brokerage in Hong Kong 2020

Online Brokerage Min. U.S. Stock CommissionMin. HK Stock Commission
uSMART Securities US$0HK$0
Saxo Markets US$3HK$40
TD AmeritradeUS$6.95 (flat rates)N.A.

A Beginner’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 broker?

An online broker 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, 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 Beginner’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 “one lot”, which may equal to 100 shares, 500 shares, etc., depending on the stock price. However, in the US stocks market, you can buy ‘one share’. 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 won’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 Open a Stock Account?

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

Step 1Fill 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 2Fund 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 3Start 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.

Online Brokerage FAQ

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.

How much money is required to open a stock account?

Not all brokers require a minimum deposit. For TD Ameritrade and uSMART Securities, there is no minimum requirement to open an account.

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 don’t forget to check the MoneySmart website for the latest information.