We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Investment platform for Expat

For compliance reasons, my son (HK based, non UK resident for tax purposes) is restricted to the following for holding investments. He will probably be looking at ETFs, though again there may be compliance restrictions.

Does anyone have any experience of any of them?

Citibank HK (citibank.com/hk)
Interactive Brokers (interactivebrokers.com/hk)
Saxo Bank (hk.saxomarkets.com/en)
Charles Schwab (schwab.co.uk/public/hk)
UOB Kay Hian (utrade.com/hk)

Comments

  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Have you looked at an HSBC stock brokerage account?
  • badger09
    badger09 Posts: 11,824 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    atush wrote: »
    Have you looked at an HSBC stock brokerage account?

    His employer restricts him to the list in my OP.
  • dunstonh
    dunstonh Posts: 121,369 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Do note that the product offerings in other countries will usually be very different to those operating in this country. He is probably best asking on a site that has people living in HK on it. Rather than those on a UK site who may only have information on the UK product/services.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • badger09
    badger09 Posts: 11,824 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    dunstonh wrote: »
    Do note that the product offerings in other countries will usually be very different to those operating in this country. He is probably best asking on a site that has people living in HK on it. Rather than those on a UK site who may only have information on the UK product/services.

    Thanks dunstonh, I've already suggested he ask colleagues at work.

    I just wondered whether any of the regular posters who work in the field of finance (including your good self) had any personal experience of these brokers. It would seem not.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.5K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.4K Work, Benefits & Business
  • 604.2K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.