Best platform for investing in Hongkong Stock Exchange?
what's the best platform for such task? aiming for long term holding. Thanks
Jun 21st, 2021 9:24 am
Jun 21st, 2021 9:59 am
Not trading there much personally, but consider Interactive Brokers Canada (good commission for smaller orders, 0.08% of the order) or HSBC InvestDirect (could be cheaper for larger orders, HK$288 fixed commission).
Jun 21st, 2021 10:08 am
Thank you! IB will have a fixed fee should you didnt trade frequently, right? I will tend to hold to stocks for years without activities, thus IB doesn't seem to fit my need. Btw, does both trading platform require HK dollar or they would do Forex adhocly? thanks
Jun 21st, 2021 10:33 am
Indeed, unless you keep over 100K USD worth of value in the account. If you have less, the inactivity fee is 10 USD / month minus any commissions generated, so harder to justify for long-term hold scenarios.