Asked by Anonymous
Asked on 25 Mar 2019
I have recently looked into investing in Hong Kong stocks and try to set up a Hong Kong based brokerage account as it seems to be cheaper in the trade fees in the long run. Anyone has experience setting this up before using a Singapore bank account? At the moment, I am checking Chief Group but it mentions that a Hong Kong designated bank account is needed. Just wondering anyone had managed to open an account can share some insights here.
You can use fsm to trade in Hong Kong, their rates are very competitive and they do not have unnecessary fees.
Top Contributor (Oct)
Just use something like Saxo / Interactive Brokers and trade HK Stocks offshore. It's easier than looking/finding an onshore provider that can take non-resident customers and going through all their compliance hoops.