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Anonymous
I am a beginner investor and I am considering investing in China ETFs. What broker do you guys recommend and what made you choose the ETF you are currently investing in?
I have not done my own stock picking before. Is it even possible to start investing in ETFS with ~4-5k?
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Chris
01 Jun 2021
Owner and Writer at Tortoisemoney.com
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I think both Tiger and Moomoo are decent options. This is because they offer low commissions (USD1.99 min) and also access to both US and HK markets, which hold most of the popular Chinese ETFs.
As for which ETFs, it really depends on what you're going for. For China A-shares, you can try ASHR. For MSCI China Index, there is MCHI. For China tech, you can try KWEB or CQQQ (on US exchanges) or 3067 (on HKEX).
And yes, you can start investing with only 4.5k. There are even some who start with less! That said, the larger your transactions, the more 'worth' the comms will be.βββ