Dive into our toplist of regulated and trusted brokers that we tested with real money. Every broker is available in Hong Kong. Find below the strengths of the best stock trading platforms available in Hong Kong, updated for 2024:
- Interactive Brokers – the best stock broker in 2024. Extremely low fees. Wide range of products. Many great research tools.
- CapTrader – Low stock and ETF fees. Wide range of products. Many great research tools. Pays interest on uninvested cash.
- Saxo – Great trading platform. Outstanding research. Broad product portfolio. Interest paid on uninvested cash.
- Webull – Free stock/ETF trading and high 5% interest on uninvested cash. Fast and easy account opening. Great trading platforms.
- Alpaca Trading – Great API trading service. Free stock & ETF trading. Fantastic charting tools.
- Firstrade – Free stock, ETF, fund and options trading. Solid research tools. Quality educational tools.
- MEXEM – Low stock and ETF fees. Wide range of products. Many great research tools.
- XM – Low stock CFD and withdrawal fees. Easy and fast account opening. Great educational tools.
- EasyEquities – Low trading fees and non-trading fees. Excellent educational materials. Easy and fully digital account opening.
- ChoiceTrade – Commission-free stock and ETF trades. Fast and easy account opening. User-friendly mobile trading platform.
Stock trading fees
Stock trading fees at the best stock brokers May 2024
| Broker | US stock |
| Interactive Brokers | |
| CapTrader | |
| Saxo | |
| Webull | |
| Alpaca Trading | |
| Firstrade | |
| MEXEM | |
| XM | |
| ChoiceTrade |
Interactive Brokers snapshot
| Recommended for | Traders looking for broad market access and a professional trading environment |
| Minimum deposit | $0 |
| US stock fee | $1.0 |
| Demo account | 4.3 |
| Mobile platform | |
| Time to open account | 1-3 days |
| Inactivity fee | No |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2024 |
CapTrader snapshot
| Recommended for | Traders looking for broad market access and a professional trading environment |
| Minimum deposit | $0 |
| US stock fee | $1.0 |
| Demo account | 4.3 |
| Mobile platform | |
| Time to open account | 1-3 days |
| Inactivity fee | No |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2024 |
Saxo snapshot
| Recommended for | Traders looking for broad market access and a professional trading environment |
| Minimum deposit | $0 |
| US stock fee | $1.0 |
| Demo account | 4.3 |
| Mobile platform | |
| Time to open account | 1-3 days |
| Inactivity fee | No |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2024 |
Webull snapshot
| Recommended for | Traders looking for broad market access and a professional trading environment |
| Minimum deposit | $0 |
| US stock fee | $1.0 |
| Demo account | 4.3 |
| Mobile platform | |
| Time to open account | 1-3 days |
| Inactivity fee | No |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2024 |
Interactive Brokers snapshot
| Recommended for | Traders looking for broad market access and a professional trading environment |
| Minimum deposit | $0 |
| US stock fee | $1.0 |
| Demo account | 4.3 |
| Mobile platform | |
| Time to open account | 1-3 days |
| Inactivity fee | No |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2024 |
Interactive Brokers snapshot
| Recommended for | Traders looking for broad market access and a professional trading environment |
| Minimum deposit | $0 |
| US stock fee | $1.0 |
| Demo account | 4.3 |
| Mobile platform | |
| Time to open account | 1-3 days |
| Inactivity fee | No |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2024 |
Interactive Brokers snapshot
| Recommended for | Traders looking for broad market access and a professional trading environment |
| Minimum deposit | $0 |
| US stock fee | $1.0 |
| Demo account | 4.3 |
| Mobile platform | |
| Time to open account | 1-3 days |
| Inactivity fee | No |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2024 |
FAQ
Are these brokers safe?
Yes, the brokers on this list are all considered safe and rock solid. You can be sure none of them is a scam. They are each regulated by at least one top-tier regulator.
Which broker should I use as a beginner?
Low fees and an excellent mobile platform make a broker great for beginners. Beginners can also benefit greatly if a broker has excellent educational material, and tools, such as a demo account. The best way to start your journey in the world of investing is by learning. We provide a great starting point on our education page, where you can find a lot of useful learning materials. Here we give you some tips on how to start investing. To find the best online broker for your level of expertise and risk-tolerance, use our find my broker tool.
Where should a beginner invest in stocks?
Before you make stock investments, you should draw up a plan, which involves several basic questions you ought to think about, such as what is your objective, how much time do you want to spend investing and what level of risk you want to take. For beginners, one of the best ways to to starting investing in stocks is choosing an index fund or stock mutual funds, which are an easy and low-cost way to tip your toe into the stock market. We put together a guide on how to start investing in stocks, and how to buy shares online. We explicitly guide you through how to invest in stocks. We also give you tips on how much you should invest when you are starting out. You can also browse through our top recommendations for best trading platforms for stocks.
Is trading gambling?
Trading is not gambling, although some poeple might treat it like that, but they will learn quickly that gamblers lose their money. The goal of a trader is to make predictions that will be as accurate as possible to make money, while gamblers can’t predict anything, they bet. People who trade for the thrill of it, or because they want to prove something, or can’t accept losing on the market from time to time, and don’t have a plan or consistency, are trading in a gambling style. New online trading apps have recently come under the spotlight for bringing a gambling aspect into trading. The gamification of trading, with easy-to-use online platforms, little education for retail traders and the social pressure of FOMO also contribute to a gambling attitude on the market. Serious traders should consider their objectives, their attitudes to risk, and carefully devise an investment strategy when entering a market.
How do I decide which broker is right for me?
Choosing the right broker depends on your individual preferences, trading goals, and needs. Determine your trading goals and identify the types of assets you want to trade. Compare the fees and commissions charged by different brokers for trades, withdrawals, account maintenance, and other services. Choose a broker regulated by reputable financial authorities. Regulation ensures a certain level of safety and oversight. Ensure that the broker offers account types that suit your trading style, such as individual, joint, or retirement accounts. Check available funding and withdrawal options to see whether they are convenient and aligned with your preferences. Choose a broker that aligns with your budget by considering factors such as account minimum, margin requirements, and fees. It’s always a good idea to start with a small deposit to test the broker’s services and platform before committing larger funds.
Can I lose money in a brokerage account?
Yes, it is possible to lose money in a brokerage account. While your funds are safe from fraud and theft if you choose a reputable and regulated broker, investing and trading involve risks that can lead to losing your money. The value of your investments can fluctuate due to market volatility and price changes may result in losses. If you put all your funds into a single investment or a small number of investments, you increase your risk. Diversify your portfolio across different assets to mitigate this risk. Always consider your risk tolerance and only invest funds that you can afford to lose without impacting your financial stability.