The Hong Kong division of Taiwanese financial services group KGI offers a handful of markets for online trading, while a substantial number of others are available for trading by telephone.
Rates for most are generally not especially competitive by international standards, especially given the high minimum fees (typically US$150 per trade).
Markets available
Online trading | China B, Hong Kong, Taiwan, USA |
Telephone trading | Australia, Canada, France, Germany, Indonesia, Japan, Korea, Malaysia, New Zealand, Singapore, Thailand, UK |
Dealing commissions and charges
Typical online | min ~HK$100-1150 |
Online details | China B 0.3% (Shanghai min US$30, Shenzhen min HK$150), Hong Kong 0.25% (min HK$100), Taiwan 0.25% (min US$150), USA US$0.03/share (min US$25) |
Typical telephone | min ~HK$100-HK$1150 |
Telephone details | Australia 0.55%, Canada 0.7-1%, France 0.5%, Germany 0.5%, Indonesia 0.8%, Japan 0.4%, Korea 0.5%, Malaysia 0.6%, New Zealand 0.5%, Philippines 0.8%, Singapore 0.4%, Thailand 0.45%, UK 0.5% - all min US$150 except Australia US$100, Indonesia US$250, Japan US$75, Korea US$50 |
Other fees and charges
Account fees and inactivity fees | HK$10 per month |
Custody charges for stocks | None stated |
Dividend charges | Hong Kong shares 0.5% (min HK$30, max HK$15,000), others 0.5% (min US$20) |
Corporate action charges | Hong Kong shares bonus issue HK$30, others HK$100 plus HK$1 per board lot (max HK$10,000); overseas stocks bonus issue US$20, others US$170 |
Currencies
Currency conversion charges | Not stated |
Hold cash in foreign currencies | No |
Currencies allowed | HKD, USD |
Other details
Tax-advantaged accounts | None |
Other products and services | Funds, futures, options |
Minimum account size | None |
Company location | Hong Kong |
Further information | Go to the KGI Securities website |