Best US Stock Brokers in Hong Kong 2021

Looking to buy US Stocks? Compare Online Brokerage platform in terms of commission fees and charges and learn US stocks trading basics through MoneySmart. Read More
We found 9 Online Brokerages for you!
華盛証券 logo

Min. Funding

US$0

Min. Funding
MoneySmart Exclusive
Dividend Collection Fee - US Stocks
0%
Minimum Commission - US Stocks
US$0.99
Min. Funding
US$0

Enjoy exclusive upon successful registration via MoneySmart from 1 Sep to 4 Oct 2021:
(1)Lifetime commission fee waiverfor HK stocks trading + 1 share of TENCENT (0700.HK) + HK$500 Apple Gift Card (A deposit of HK$10,000 or above is required to be maintained for 60 days from the first day of deposit in terms of a daily average asset)
(2)Two HK$50 IPO Cash Subscription vouchers & Two HK$50 IPO Margin Application (valued at HK$200)
(3)First-time deposit of HK$20,000 reward: Real-time quotes (worth HK$288/m) for HK stocks for 30 days
(4)Transfer stocks that are worth HK$10,000 or above to Valuable Capital for the first time: HK$300 cash coupon
(5)Receive up to HK$4,000 stock vouchers by inviting your friends to download the APP

Valid until 04 Oct 2021 - See more details below
Apply Now
Saxo 盛寶金融 logo

Min. Funding

HK$0

Min. Funding
Promotion
Dividend Collection Fee - US Stocks
0%
Minimum Commission - US Stocks
US$3
Min. Funding
HK$0
Promotion:
  • Offers some of the most competitive rates in Hong Kong with transaction fee of HK$18 for HK stocks and FX spreads of 0.4 pips for popular currency pairs
  • Offer access to over 40,000 markets at industry-leading prices across stocks, ETFs, bonds, commodities, options, futures, funds, managed portfolios, FX and CFDs
  • Extremely Convenient - access and execute trades on SaxoTraderGO and SaxoInvestor using your desktop, tablet or mobile
  • Access 19,000+ stocks across core and emerging markets on 37 exchanges worldwide - HK, US, CN, UK, EU and JP
  • All Saxo platforms provide comprehensive research and analysis tools and a 24/5 customer service help desk
  • Become a Saxo VIP and receive our very best prices, priority support and exclusive event invitations.

Valid until 30 Sep 2021 - See more details below
Apply Now
uSMART 盈立證券 logo

Min. Funding

US$0

Min. Funding
MoneySmart Exclusive
Dividend Collection Fee - US Stocks
0%
Minimum Commission - US Stocks
US$0
Min. Funding
US$0
 【Limited Time Offer】Enjoy HK$1,350 welcome reward upon successful registration of uSMART account via MoneySmart and complete the online verification with first deposit HK$15K or above during the promotion period (from now until 30/9), you can enjoy:

1. 1 share of Apple (APPL.US) stock redemption coupon (Approximate value: HK$1,158) 

2. 1 share of Alibaba (9988.HK) stock redemption coupon (MoneySmart EXCLUSIVE)

3. Lifetime US Stock $0 Commission (Standard accounts only), Trade HK stocks: $0 platform fee

4. Get Level 2 Streaming Service after fulfil the designated requirements

5. Enjoy up to HK$780 rebate for handling fee of stock deposit plus up to HK$600 extra cash promotional coupon

*Valid until 30 September 2021
Valid until 30 Sep 2021 - See more details below
Apply Now
微牛證券 logo

Min. Funding

HK$0

Min. Funding
Online Promo
Dividend Collection Fee - US Stocks
0.2% of dividend amount (before tax), minimum 0.01
Minimum Commission - US Stocks
HK$0
Min. Funding
HK$0
Online Promo:
New users who successfully open a Webull account and make a transaction will be eligible to get 1 share of ABT NYSE value around HKD 1,000
1)Users finish the account opening and deposit more than HKD 10,000 to their accounts.
2)Users will guarantee their deposit more than HKD 10,000 for at least 30 days.
3)At least 1 time US Stock Trading.  
Valid until 30 Sep 2021 - See more details below
Apply Now
SoFi Hong Kong logo

Min. Funding

US$0

Min. Funding
Online Promo
Dividend Collection Fee - US Stocks
0%
Minimum Commission - US Stocks
0%
Min. Funding
US$0
Online Promo:
All users who open an account with SoFi until 11.59pm 3rd October 2021 will be entered into our lucky draw.
- The lucky draw prize is 3 Amazon shares (worth USD$10,389)
- The draw date is 4 October 2021.
- We announce the winner in the newspapers on 7 October 2021.
(Trade Promotion Competition Licence No: 54920)

Also Limited Time Only:"SoFi Reward" upon successful registration via MoneySmart for successful account opening with a deposit of HK$10,000!Give away
- A free $450 Apple Gift Card!Or
- Get One free share of Twitter Inc (NYSE:TWTR) worth US$64
Valid until 30 Sep 2021 - See more details below
Apply Now
以太證券 logo

Min. Funding

US$0

Min. Funding
Dividend Collection Fee - US Stocks
0%
Minimum Commission - US Stocks
US$0.01
Min. Funding
US$0
Apply Now
Direct Spot logo

Min. Funding

US$0

Min. Funding
Dividend Collection Fee - US Stocks
0.5%
Minimum Commission - US Stocks
US$13.8
Min. Funding
US$0
Read More
鴻財網 logo

Min. Funding

US$0

Min. Funding
Dividend Collection Fee - US Stocks
0.5%
Minimum Commission - US Stocks
US$15
Min. Funding
US$0
Apply Now
Charles Schwab 嘉信理財 logo

Min. Account Funding

US$25,000

Min. Account Funding
Dividend Collection Fee - US Stocks
0%
Minimum Commission - US Stocks
US$0
Min. Account Funding
US$25,000
Read More

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Best US Stocks Brokers in Hong Kong

US Stocks Broker Minimum Commission RateMinimum Balance
Charles SchwabUS$0US$25,000
SaxoUS$3US$2,000
Direct SpotUS$13.8HK$10,000
uSmart US$0US$0
SoFiUS$0US$0
TD AmeritradeUS$6.95US$0

Buying US Stocks via Banks vs Brokers

Bank Brokers
Commission Rate Higher Lower or even free
Fund Your Account Easier. Transfer funds instantly and directly from the same bank account with a few clicks. More difficult. Transfer funds from bank accounts or through Faster Payment System (FPS) for same day transfers.
Custody FeeYesNo
Withdrawal FeeNoYes
Account Protection Local accounts (not offshore accounts) are protected under the HKSAR Government's Deposit Protection Scheme for a maximum coverage of HK$500,000

Offshore US Stocks Accounts

Offshore US Stock accounts, as its name implies, keep money outside of Hong Kong. The minimum deposit to open an offshore account in banks is usually quite high. Therefore, some investors would rather set up US brokerage accounts and transfer funds to US brokers situated outside Hong Kong instead.

Offshore US Brokerage Accounts

Offshore US Brokerage AccountAccount ProtectionHow to Fund Your Account?
First TradeYes. Account is protected by SPIC. Wire transfer

US Stocks - Trading Fees

TypeChargesPayee
SEC membership fee 0.00213%- 0.00218% of the total trading amount (Min: US$0.01) (Depending on quarters) U.S. Securities and Exchange Commission
Settlement FeeUS$0.003/ share(Min: US$0.01) Settlement Agent
Trading Activity FeeUS$0.000119/ share(Min: US$0.01) The Financial Industry Regulatory Authority
Dividends Tax30% (Will be automatically deducted)IRS

Buying US Stocks Monthly

Buying stocks monthly has been gaining popularity in recent years. This is a good strategy because investors can benefit from dollar-cost average. Saving and investing monthly is a good way to start investing – it becomes habit forming. When the investor dollar-cost averages, he/she invests an equal amount in the market monthly. Instead of trying to time the market, the investor buys in at a range of different price points, as opposed to investing a large lump sum all at one time. However, not all platforms accept buying US stocks monthly. Now, in Hong Kong, only a few platforms including uSmart and CHIEF Group allow investors to buy stocks monthly.

US Stocks Trading Hours

Months US Stocks Opening Time
Summer Time (Mar- Nov)9:30 pm - 4 am Hong Kong Time Monday to Friday
Winter Time (Nov- Mar)10:30 pm - 5 am Hong Kong Time Monday to Friday

Benefits of Hong Kong People Investing in the US Stocks Market

Wide Range of World-Renowned Stocks

There are a wide range of world-renowned companies in the US stock markets including Apple, Google, Amazon for investors to choose from.

Lower Investment Threshold

In the Hong Kong stock market, investors are required to buy at least “one lot” of the stock, which may be equivalent to 100 shares, 500 shares, etc., depending upon the stock price. However, in the US stocks market, investors can buy only ‘one share’, which lowers the investment threshold significantly.

Disadvantages of Investing in the US Stocks Market while living in Hong Kong

Time difference The US stock market, like any other markets, runs on the local time. Therefore, it could be difficult for Hong Kong investors to monitor the stock movement due to the difference in time zone.

Buying US Stocks in Hong Kong FAQ

Are non-US citizens required to pay taxes on money earned through a US Broker?

Non-US citizens and residents with no US business are typically not obligated to file a U.S. tax return. However, investors are required to pay tax on dividends. But it will be automatically deducted before transferring to your account.

Is it safe to invest through a US Stocks broker in Hong Kong?

Yes it is. Regulated brokerage accounts are insured by SPIC for a maximum coverage of UDS$500,000.

Can I create a US stock trading account in Hong Kong as an expat?

Yes, as long as you are able to provide the required documents, you are eligible to open a US stock trading account. For example, in order to open an account in Sofi Hong Kong, you need to present the following documents:
  • a copy of your passport
  • proof of residential address
  • proof of a bank account in your name maintained with a licensed bank in Hong Kong

How to buy US stocks commission-free?

To enjoy zero commission, investors can trade on platforms like SoFi, uSmart, Charles Schwab,etc.

When does the US Stock market open?

The US Stock Market is open Monday- Friday from 9.30 am- 4pm US Time.

How much tax do I need to pay when I receive dividends?

It is normally 30%.