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I purchase HK stocks using FSMone but find their fees is quite high HKD$69 for each transaction. As I invest small amounts regularly it’s eating up my return. Any other better alternative where I can transfer my existing portfolio
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IBKR/Tiger/Moomoo. With HK market, its a lil more tricky and it depends on the amount you're buying at a time actually.
IBKR - 0.08% / Min HKD 12-18
Tiger - 0.06% / Min HKD 15
Moomoo - 0.03% / Min HKD 18
In other words, if you're putting in a larger sum at once Moomoo will be the best choice with 0.03% (IBKR has a better currency conversion rate though) If you're investing a smaller sum at once, then prob Tiger/IBKR. Tbh I'll just go with whichever of these platforms which I already have opened, don't need make life so difficult managing so many accounts.
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Definitely a no no for FSMOne I'll only use FSMOne for their RSP...
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$8.80
MINIMUM FEE
0.08%
TRADING FEES
Custodian
STOCK HOLDING TYPE
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Hi, IBKR's tiered pricing model has by far the most competitive rates. For Hong Kong stocks, i think the mimimum per trade is 12HKD.