BTW there is no such thing as Hong Kong citizen. You are Chinese.
Well Schwab and many others only went to 0 in the US last year. Robinhood was one of the firsts, and now most brokers don't directly charge for trading most securities besides options.Original Post Deleted
Virtual banks in HK only launched this year. Sofi HK was maybe the first to go to 0 in HK, and now there is TD Ameritrade HK only this month.
Thus I'll remain optimistic on trading costs in HK and worldwide continuing to race eventually to 0.
You can check out of all Saxo's fees on their website. They are higher than I'd like, but the issue is finding another broker that gives you as much access, but maybe you don't need access to so many different exchanges https://www.home.saxo/en-hk/rates-an...argin-schedule
As for TD Ameritrade HK, the issue is that it appears to only give you access to US exchanges.
Thank you.
I believe you are a US citizen so you should probably stick with Ameritrade or IB light, no point in you going after LSE purely for taxation/estate reasons. For overseas markets stick with IB then. I would just use IB if I were you, simple is almost always better.
for non us persons in HK I’d go with IB too. Saxo is not bad. I think Swiss stock is popular now too but not sure about the fees. Either way you can’t really go wrong with any of those but it’s true that the 0.12% custody fees imposed by Saxo can be annoying with large sums. They also charge 100 usd every 6 month if you don’t trade
IB charges me £6 for each LSE trade - anyone know why it is so high?