In recent years, more investment brokers have launched in Hong Kong, which is fantastic for consumers! Many of them have made investing very affordable, offer powerful stock research tools, and help you invest smarter. uSMART Securities has done all of the above—it helps you invest in HK and US stocks with low fees, uses big data to analyze stocks, and gives strategies to follow. On top of that, the app is simple to use and easy to get started with.
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What’s great about uSMART?
- Low trading fees in the market for HK and US stocks
- Monthly investment plan available
- Fund platform where you can buy equity, bond or money market funds with ease
- AI-based stock screening tool
- Easy account opening (3 minutes to get started!)
- Simple app user interface
- IPO stock subscription available
- Licensed by the SFC for Type 1, 4 and 9 (your investments are protected!)
Opening uSMART Account in 3 Minutes
Opening a uSMART securities account is simple:
- Download the app and receive a verification code via SMS; (or log in with your Facebook or Google account)
- Use your phone to take pictures and upload your ID card and address proof
- Fill in some basic information such as name, contact, financial status, etc.
- Deposit funds and start investing
Deposit
- Support eDDA instant deposit (HSBC, Hang Seng Bank, Bank of China, DBS Bank, Bank of Communication, Chong Hing Bank, China Merchants Bank, CITIC Bank, China Minsheng Bank, Wing Lung Bank)
- FPS
- Bank account transfer
Stock Investment Tools and Research
On top of having really low fees, uSMART also provides you with stock research functionality that can be quite powerful. The key features are:
- Smart Advisor: This is an AI / Big Data driven stock screener that can help identify stocks based on various metrics including growth potential, price/earnings ratio and more. The performance is backtested but real-life performance over the long term remains to be seen – but it could still be a great tool to get ideas.
- Stock analysis: For individual stocks, aside from providing the price quote, uSMART provides intelligent scoring based on various factors of the company e.g. profit, growth, industry prospects, dividend yield, etc., and ranks them to help investors make more informed decisions.
Smart Fund Platform
The funds on uSMART Securities platform are divided into four types: money market, bond, balanced and equity. Each fund has a chart to clearly show the performance trend, and lists the minimum investment amount and handling fee, which makes it straightforward for investors to choose what fund they are interested in.
- Money Market Funds: These have the lowest risk and invest mainly in Treasury bills, commercial paper, etc. Many investors may opt to use money market funds as a substitute for time deposit plans.
- Bond funds: The risks can be high or low, depending on the fund because bonds can have various risk levels (government bonds being lower risk, corporate and junk bonds being higher risk).
- Balanced funds: These funds are diversified across bonds, stocks and other products. The risk is variable depending on the holdings of the fund and thus reward is also variable.
- Equity funds: These have higher risk (and higher returns). The investments include various types of stock assets which also makes it an easy way to diversify risk.
Summary
The uSMART mobile app is powerful, affordable and easy to use. The Smart Advisor functionality is interesting but lacks real-life historical data to see if it really works and may take a while before it can be considered a replacement to robo-advisors.
The good news is, even if we exclude the smart advisor and analysis features, uSMART’s app is really good. Whether you’re a beginner or an experienced investor with a bank already, you’d want to give it a try yourself.
Discover the Best Investment Account Fees and offers
HK Market
US Market
Robo Advisors
Futubull
Other Fee
N/A
Avg. Trade Cost
HKD 15
Welcome Offer: Enjoy up to HK$1,800 welcome offer
Register a new account on or before 31st July 2024 by using Planto exclusive promo code “PLANTO” can enjoy the below rewards:
1. Planto exclusive offer : Enter promo code “PLANTO” BEFORE account opening can enjoy HK$200 cash coupons
2. Lifetime commission-free for HK stocks and US stock LV2 real-time streaming quotation services
3. Open an account, deposit a total of HK$10,000 or above into the Futu HK account.Maintain 60 days daily average asset* of HK$10,000 or above to receive : Alibaba (NYSE:BABA) - 1 share or HK$400 supermarket e-voucher
4. Open an account, deposit a total of HK$80,000 or above into the Futu HK account. Maintain 60 days daily average asset* of HK$80,000 or above to receive : Nvidia (NYSE:NVDA) – 1 share
Redemption procedures : Download Futu app; Register an account and go to Activity Centre; Enter “PLANTO” in redemption centre before account opening.
All rewards can be stacked. As of the closing price on 11 June 2024, Alibaba (NYSE: BABA) stock price was US$77.97/share As of the closing price on 11 June 2024, Nvidia (NYSE: NVDA) stock price was US$125.2/share
Asset calculation method: Sum of the everyday assets/60 days; Including Cash/ Stocks/ Funds/ Options/ Futures
Investment involves risks. The fund price may move up or down. Investor should thoroughly study the funds' offering documents and other related documents (including risk disclosure statements).
Futubull
Other Fee
N/A
Avg. Trade Cost
HKD 15.5
Welcome Offer: Enjoy up to HK$1,800 welcome offer
Register a new account on or before 31st July 2024 by using Planto exclusive promo code “PLANTO” can enjoy the below rewards:
1. Planto exclusive offer : Enter promo code “PLANTO” BEFORE account opening can enjoy HK$200 cash coupons
2. Lifetime commission-free for HK stocks and US stock LV2 real-time streaming quotation services
3. Open an account, deposit a total of HK$10,000 or above into the Futu HK account.Maintain 60 days daily average asset* of HK$10,000 or above to receive : Alibaba (NYSE:BABA) - 1 share or HK$400 supermarket e-voucher
4. Open an account, deposit a total of HK$80,000 or above into the Futu HK account. Maintain 60 days daily average asset* of HK$80,000 or above to receive : Nvidia (NYSE:NVDA) – 1 share
Redemption procedures : Download Futu app; Register an account and go to Activity Centre; Enter “PLANTO” in redemption centre before account opening.
All rewards can be stacked. As of the closing price on 11 June 2024, Alibaba (NYSE: BABA) stock price was US$77.97/share As of the closing price on 11 June 2024, Nvidia (NYSE: NVDA) stock price was US$125.2/share
Asset calculation method: Sum of the everyday assets/60 days; Including Cash/ Stocks/ Funds/ Options/ Futures
Investment involves risks. The fund price may move up or down. Investor should thoroughly study the funds' offering documents and other related documents (including risk disclosure statements).
Webull
Other Fee
N/A
Avg. Trade Cost
HKD 10
Welcome Offer: During the promotion period, new customers who apply via Planto, successfully open a Webull account, and complete some simple tasks can enjoy rewards valued up to HK$1,000:
- Successfully open an account, deposit HK$10,000, and retain it for 60 days to receive a HK$1,000 supermarket voucher. (Complete Planto reward redemption to receive the offer)
Terms and conditions apply.
Webull
Other Fee
N/A
Avg. Trade Cost
HKD 0
Welcome Offer: During the promotion period, new customers who apply via Planto, successfully open a Webull account, and complete some simple tasks can enjoy rewards valued up to HK$1,000:
- Successfully open an account, deposit HK$10,000, and retain it for 60 days to receive a HK$1,000 supermarket voucher. (Complete Planto reward redemption to receive the offer)
Terms and conditions apply.
Tiger Brokers
Other Fee
0
Avg. Trade Cost
HKD 0
Welcome Offer: Successfully open an account through Planto’s exclusive link then complete certain tasks until 31st July 2024 to enjoy up to HK$2,300 worth of reward:
- Exclusive HK$400 supermarket vouchers from Planto after depositing HK$10,000 , plus:
1. Time-limited Commission-Free Rewards*
- 0 Commission for HK stock trading (Lifetime)
- 0 Platform fee for HK stock trading (until 30th September 2024)
- NYSE Arca Level 2 Deep Quote streaming for US stocks (until 30th September 2024)
- 0 Commission for US stock option trading (until 30th September 2024)
- US Stock Option Lv1 Real-time Quotes (until 30th September 2024)
2. New clients account opening awards, fund more for 45 consecutive days to get more (please refer to T&Cs for detailed quolifications)
- Net deposit* HK$10,000 or US$1,500 or above : to activate HK$300 stock voucher (3x HK$100 vouchers) and 3-month free HK Stock Lv1 streaming quote
- Net deposit* HK$50,000 or above : to activate HK$600 stock vouchers (6x HK$100 vouchers)
- Net deposit* HK$100,000 or above : to activate HK$1,200 stock vouchers (12x HK$100 vouchers)
3. Complete 5 non-forex trades with each trade amounting to or exceeding HK$100 within 60 days after successful account opening (applicable to both Hong Kong and US stocks) : to activate HK$700 stock voucher (7x HK$100 vouchers)
* Net deposit = deposit amount - withdrawal amount, excluding the part of asset increase or decrease due to normal transactions.
^Daily cumulative net deposits = (from the account opening date) cumulative deposit amount - (from the account opening date) cumulative withdrawal amount, excluding asset fluctuations caused by normal trading activities
LONGBRIDGE
Other Fee
N/A
Avg. Trade Cost
HKD 15
Welcome Offer: On or before 31 July 2024, apply via Planto, successfully open an account and deposit HK$10,000 to receive up to HK$2,000 worth of rewards:
Planto exclusive HK$200 supermarket coupon
Choose from one of the below 2 offers :
A. Up to HK$1,500
* Up to 41% APR for deposit (Limited to HK$20,000 maximum for 60 days to enjoy interest approximately HK$1,366) [Usual APR is 5% while new clients can enjoy extra 30%]
* Total worth of HK$200 stocks cash coupon (HK$100 x 2)
B. Total worth up to HK$1,800
* Total worth of HK$800 stocks cash coupon
* Total worth of HK$1,000 cash rebate (upon 15 tradings)
Terms and conditions
LONGBRIDGE
Other Fee
N/A
Avg. Trade Cost
HKD 8
Welcome Offer: On or before 31 July 2024, apply via Planto, successfully open an account and deposit HK$10,000 to receive up to HK$2,000 worth of rewards:
Planto exclusive HK$200 supermarket coupon
Choose from one of the below 2 offers :
A. Up to HK$1,500
* Up to 41% APR for deposit (Limited to HK$20,000 maximum for 60 days to enjoy interest approximately HK$1,366) [Usual APR is 5% while new clients can enjoy extra 30%]
* Total worth of HK$200 stocks cash coupon (HK$100 x 2)
B. Total worth up to HK$1,800
* Total worth of HK$800 stocks cash coupon
* Total worth of HK$1,000 cash rebate (upon 15 tradings)
Terms and conditions
Saxo Hong Kong
Other Fee
N/A
Avg. Trade Cost
0.05%
(min. HKD 18)
Welcome Offer: Enjoy up to 4.27%* on cash deposits amount US$10,000 or higher
*the interest rate figure is for reference, it could change with the market condition
Saxo Hong Kong
Other Fee
N/A
Avg. Trade Cost
From HKD 0.039 / share
(min. from HKD 23)
Welcome Offer: Enjoy up to 4.27%* on cash deposits amount US$10,000 or higher
*the interest rate figure is for reference, it could change with the market condition
uSMART Securities
Other Fee
N/A
Avg. Trade Cost
HKD 8
Welcome Offer: April special offer, Open an account with uSmart to earn:
• 2024 promotion : US$1.5 transaction fee per trade for US stock, 0 commission and platform fee for HK stock
• Real-time streaming quotation for HK stocks (Terms and conditions apply)• Lifetime free U.S. stock commission (only for standard accounts)
• HK$20 cash coupons X8
#For HK stocks, you can enjoy 0 commission and platform fee by trading the designated 16 ETF. For US stocks, you can enjoy US$1.5 transaction fee per trade when the value of each trading of main board stocks equals or higher than US$100.
Interactive Brokers
Other Fee
N/A
Avg. Trade Cost
0.05% of Trade Value
Welcome Offer: Earn up to 4.83% annual interest rate on positive settled cash balance for accounts with total NAV of US$100,000 or higher. *Accounts with NAV of less than US$100,000 receive interest at rates proportional to the size of the account
**Interest rate if for reference only, it may change any time according to market condition
Interactive Brokers
Other Fee
N/A
Avg. Trade Cost
US$0.005 / share
(min. from US$0.35)
Welcome Offer: Earn up to 4.83% annual interest rate on positive settled cash balance for accounts with total NAV of US$100,000 or higher. *Accounts with NAV of less than US$100,000 receive interest at rates proportional to the size of the account
**Interest rate if for reference only, it may change any time according to market condition
Syfe
Account Funding Requirements
HKD 10,000
Fees
0.35%-0.65% AUM
Stashaway
Account Funding Requirements
HKD 10,000
Fees
0.2%-0.8% AUM
Welcome Offer: New customers who successfully open a StashAway account via Planto’s link can enjoy 3 months of free management for up to HK$50,000.
Aqumon
Account Funding Requirements
HKD 10,000
Fees
0.5%-0.8% AUM
Important information:
Investment involves risks. This information is intended to be educational and is not tailored to the investment needs of any specific investor. This information does not constitute investment advice and should not be used as the basis for any investment decision nor should it be treated as a recommendation for any investment or action. Past performance is no guarantee of future results. The value of investments and the income from them can go down as well as up, so you may not get back what you invest.
