The reason is that American stockbrokers are very different, and trading software is also developed according to their own business.
From the point of view of the topic, it mainly analyzes several methods of buying and selling US stocks with Hong Kong stock accounts in securities firms. The American Stock Institute has introduced and explained the different ways and means of buying and selling American stocks in Hong Kong. After selecting a brokerage firm, just download the trading software of this brokerage firm, so that the problem can be traced back to which brokerage firm is better.
Family analysis:
1. Futu Securities. At first, it was Hong Kong stocks, and later it was extended to US stocks.
Advantages:
1, the software function of Futu Securities is very good, and it can be seen that Tencent is very attentive to the products;
2. Support US stocks, Hong Kong stocks and A shares. Although each part needs to open another account, it is still very good to operate with the same software.
Disadvantages:
1. Financing and shorting are not supported.
2. Opening an account requires offline witness. If it is ok in first-tier and provincial-level cities, there are many witness points, and there are few witness points in other cities;
Commission: According to each transaction, the commission is 5 to +3 yuan+other expenses, and each transaction is at least 8 yuan. Compared with charging by share, this mode of charging by transaction is especially suitable for local tyrants, with hundreds of transactions at a time.
2. Tiger Securities. At first, it was American stocks, and later it was extended to Hong Kong stocks.
Advantages:
1, Tiger Securities trading software is also very good, simple and easy to use, which is more in line with the habits of A-share investors;
2. Clear the channels of the stock market, so there are many kinds of transactions, such as US stocks, options and ETFs.
Tiger also supports the speculation of Hong Kong stocks, so it is unnecessary to open an account. You can directly fry an account for a sum of money, which is simpler than Futu, because Futu needs to open another Hong Kong stock account;
4. Supporting short financing, domestic brokers can do little;
5. There is no real-time market fee or account management fee;
6. Support pre-market and after-market trading.
First of all, what is pre-market trading? In addition to normal trading hours, US stocks support pre-market trading. According to the Beijing time corresponding to American daylight saving time, pre-market trading is from 16: 00 to 2 1: 30, 2 1: 30- 4: 00 the next day, and after-market trading is from 4: 00 the next day.
Trading before and after the market is very important, because many companies' news is not released during the trading hours of the US stock market, such as the release of financial reports (many companies release financial reports before or after the market), company mergers (Ctrip and Qunar merger occurred before the market), and major company events (Ali joined the Momo privatization buyer group). These will have a significant impact on the stock price. If your brokerage company can't support trading before and after the market opening, and other traders have bought or sold stocks before and after the market opening, then the market has fully digested the news and the stock price has changed accordingly. At that time, you can trade, and you will miss many opportunities to make money.
Disadvantages:
1, Tiger Securities has a certain capital threshold and needs 3,000 yuan.
2.PC-side software is weak, not as good as Futu, but much better than other brokers. Recently, I saw that Tigers are also strengthening their development strength in this area. I hope to get better soon.
Commission: 0.0 1 knife per share, with a minimum of 2.99 knives per share.
Third, bull stocks.
Advantages: 1, faster account opening; 2. Support margin financing and securities lending; 3. Support US stocks and Hong Kong stocks
Disadvantages:
1. Trading before and after hours is not supported.
2. Order types only support market orders and limit orders.
3, without PC, mobile trading software is not as good as Futu and Hupu.
Commission: 0.007 yuan per share, with a minimum of/kloc-0 yuan per share.
I have always had reservations about using RMB as collateral to speculate in US stocks, because SAFE forbids brokers to help users exchange foreign exchange. I don't know why no one reported it
Fourth, building block stocks. I started as a wealth manager and later expanded my business to US stocks.
Advantages:
1, opening an account is very fast, basically half a day.
2, and there is no capital threshold, how much money can be opened.
Disadvantages:
1, does not support financing, does not support shorting,
2. Trading before and after the market is not supported.
3. Order types only support market orders and limit orders.
Commission: relatively cheap, 0.005 yuan per share, each pen 1 yuan,
The above are several domestic brokerage companies, and of course there are foreign brokerage companies.
1. Yingtong Securities? One of the largest securities companies in the world.
Advantages:
1. There are many varieties that can be traded, such as US stocks, ETFs, futures, options and foreign exchange.
You can provide an API interface. If your program is good, you can write your own program to assist trading.
Disadvantages:
1, it is more complicated to open an account in Yingtong;
2. Yingtong's trading software is particularly professional. If you have driven TWS, you will know that it looks really big as a retail investor.
3. Shanghai-Hong Kong Stock Connect has many expenses, such as account management fee (65,438+00 yuan per month) and real-time market fee (65,438+00 yuan per month).
Commission: 0.005 yuan per share, with a minimum of/kloc-0 yuan per share.
Second, firstrade and Scott Securities, both of which are representatives of American securities firms.
Advantages: there are many kinds of transactions, supporting US stocks, options, ETFs, etc. And support financing and shorting.
Disadvantages: localization is not good enough, from customer service to the use of APP, it is a liquidity provider.
Commission: About 7 yuan per transaction, which is relatively high and suitable for local users.