Share Trading

Hi there,


So my UK bank (First Direct) has told me that because I have now moved to Hong Kong they can no longer manage my UK share portfolio. I looked to transfer it to my HSBC Hong Kong account, however their fee structure on UK share trades is extortionate (70GBP commission per trade, plus they take 1%).


Ideally I'd like to find a quick and efficient share trading platform that will allow me to be based in Hong Kong but that takes minimal commissions. If they do FX as well then that would be great too.


Obviously my other concern is about the stability of the platform itself, both in respect of it's technology but also from a regulatory perspective. On that basis I'm probably more averse to US registered companies than I am to a UK registered company, where I believe my deposits would be better protected should anything bad happen.


Does anyone have any good recommendations?


Thanks!

Interactive Brokers: They have an office in Hong Kong.


Interactive Brokers LLC

Suite 1512, Two Pacific Place

88 Queensway

Admiralty, Hong Kong


+852 2156 7907


And they are asking a lot of documents from prospective clients which can only mean they are tough. I would open there but do not have enough funds (yet).