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How to open a US stock account

You can open it at Xueying Securities.

Xueying Securities is an App that provides account opening and trading services for US and Hong Kong stocks. Currently, there are two versions, iOS and Android, which support online opening of Hong Kong and US stock accounts, viewing real-time market prices of Hong Kong and US stocks, and market transactions such as Hong Kong stocks, US stocks, and A shares.

Function introduction:

1. The lowest commission for US stocks is US$1 per transaction, and the lowest commission for Hong Kong stocks is 18 Hong Kong dollars per transaction.

2. Support trading authority in more than 100 global markets including US stocks, Hong Kong stocks, and A-shares (Shanghai/Shenzhen-Hong Kong Stock Connect).

3. Full online account opening process, cross-border dedicated line transactions, free real-time US/Hong Kong stock quotes.

Extended information:

Trading rules of US stocks

1. Trading code

The trading code is the English abbreviation of a listed company, for example: Microsoft's stock trading symbol is msft.

2. Trading unit

There is no limit on the trading unit, and the unit is 1 share.

3. Range of increase and decrease

There is no limit on the range of increase and decrease. The original unit of increase and decrease of stock price was 1/16 US dollars. Nowadays, it is mostly changed to decimal point system (the minimum is 1 cent). .

IV. Account opening procedures

To buy and sell U.S. stocks, you only need to open a securities account. This securities account also has the function of a bank account. If you deposit money into this account but do not purchase For stocks, the brokerage will pay you interest, but a tax of 10% will be deducted. If you want to be tax-free, you can choose to automatically transfer short-term funds, and the brokerage will make profits on your behalf.

5. Transaction fees

The fees for buying and selling U.S. stocks are not calculated based on the ratio of "transaction amount", but based on "number of transactions", and due to the brokerage Different and different. For example: if you open an account at e*trade, a well-known online brokerage, the handling fee for each transaction is US$14.99~19.99. If you trade with Charles Schwab, which has a Chinese website and has Chinese customer service, the handling fee for each transaction is US$29.95.

In addition, there is also a charging model that is calculated based on "transaction quantity", and the charging standards of different securities companies are also different. For example, the well-known American online brokerage Interactive Brokers charges a transaction fee of US$0.005 per share, so when an investor buys or sells 1,000 shares in one transaction, Interactive Brokers charges US$0.005×1,000=US$5.

Baidu Encyclopedia-Xueying Securities