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You can open an account with SoFi Hong Kong from your smartphone. Download one of our apps from the App Store or Google Play. You will see the “Sign up” option on the app start screen. The mobile application takes 5-10 minutes to complete. We require a copy of your passport or Hong Kong permanent ID, proof of residential address within the last 3 months (utility bill, mobile phone statement, bank statement) and proof of bank account in your name maintained with a licensed bank in Hong Kong (bank statement, ATM card, bank book). You can take a photo and upload the documents directly from the app’s sign up process.

100% Free. It is fully transparent and you pay nothing to open your account at SoFi Hong Kong.

SoFi Securities (Hong Kong) Limited is a licensed corporation in Hong Kong and regulated by the Securities and Futures Commission of Hong Kong. Your cash is held in segregated custodial corporate accounts with HSBC and Bank of China and your US and Hong Kong stocks are held in custody with the Depository Trust & Clearing Company (DTCC) and the Hong Kong Securities Clearing Company Limited (“HKSCC”) respectively. We use bank level security and data encryption to protect you. We regularly perform third party penetration testing to ensure our apps and your information is secured with the most advanced security software and practices.

As per the Securities and Futures Commission of Hong Kong’s requirements, you are required to transfer an initial deposit of a minimum of HK$10,000 from your registered Hong Kong licensed bank account(s) to us for the purpose of identity verification.

Furthermore, you do not have to hold a minimum balance to be a customer.

After receiving the email from us that says ‘Your SoFi Hong Kong account has been opened’, you’ll be able to log in and use our SoFi Hong Kong app by 8pm that day and start funding your account.

Your initial deposit will also be in your account by 8pm on the same day.

Our cost to execute a trade is virtually zero and we want to pass that benefit to you. We will launch a margin lending service for active traders in the near future. We also earn from interest and handling charges. It’s that simple. We are a diversified business with brokerage. As such, we have diverse revenue streams which allow us to offer $0 commission trading in Hong Kong.