Doo Financial Review: What Is It? Is It Good? Full Licensed Broker Account Opening Process + Detailed August Commission-Free Benefits
【Updated August 2025】What is Doo Financial? Is it reliable? In-depth analysis of Hong Kong SFC-licensed broker (BSM562): 4-in-1 account covers Hong Kong/US stocks. Mainland account opening only requires ID card + Hong Kong bank card. Includes August deposit bonus ETF, zero platform fee benefits, and account opening tips.
Introduction: Choosing the Right Broker is Crucial for Global Market Investment – Compliance and Convenience Make It Reliable
Want to invest in Hong Kong stocks or US stocks but worried about whether the broker is legitimate? Concerned about complicated account opening procedures or high thresholds? As a licensed institution under the Hong Kong Securities and Futures Commission (Central Registration Number BSM562), Doo Financial (Doo Financial Hong Kong Limited) has created a convenient trading channel for global investors – offering a "4-in-1" trading account covering Hong Kong stocks, US stocks, A-share Connect, and China Connect. Mainland investors can complete account opening online with just an ID card and a Hong Kong bank card, with no need to provide overseas work or asset proof throughout the process! This article will deeply analyze its compliance security, core trading advantages, and August limited-time benefits, along with a guide to claim the exclusive invitation code RKM01, helping you easily judge "how good Doo Financial is" and "whether opening an account is worthwhile".
1. What is Doo Financial? Analysis of Global Layout and Licensed Qualifications
Doo Financial is a core brand under Doo Group. The group is headquartered in Singapore, with business covering over 20 countries worldwide and holding more than 15 top-tier financial regulatory licenses in Hong Kong, Singapore, the United States, the United Kingdom, etc. Its operating entity, Doo Financial Hong Kong Limited, is regulated under Type 1/4/9 licenses by the Hong Kong Securities and Futures Commission. Clients’ funds are segregated and custodied in top banks such as HSBC and Standard Chartered. License information (HK SFC BSM562) can be checked in real-time on the official website, completely avoiding the risks of unlicensed brokers.
Core Services and Market Coverage
- 4-in-1 Account: Supports one-click trading of Hong Kong stocks, US stocks, A-share Connect, and China Connect, covering 90% of global mainstream markets;
- Smart Trading Platform: Independently developed "Doo Trading App" provides functions such as real-time market quotes, intelligent stock selection, and multi-market switching, with order execution speed reaching milliseconds;
- Asset Management Services: As a Hong Kong ETF issuer, it has launched innovative products such as Web3 ETF (03426 HK) and AI & Automation ETF (03413 HK) to meet diverse investment needs.
2. Is Doo Financial Reliable? Dual Guarantees from Regulation and User Reputation
1. Strong Regulatory Endorsement and Fund Security
- Multi-Compliance System: In addition to the Hong Kong Securities and Futures Commission, its Singapore entity holds the MAS Capital Markets Services License, enabling it to provide services such as asset custody and financial consulting;
- Fund Segregation Mechanism: Clients’ funds are strictly separated from the company’s own funds, deposited in top international banks, and subject to regular third-party audits;
- Anti-Money Laundering Technology: Connected to over 300 global databases and using biometric verification systems to prevent financial crime risks.
2. Real User Feedback and Market Recognition
- Account Opening Convenience: The online process takes only 10 minutes, with 7×24-hour review support, and trading is available in an average of 1-3 working days;
- Service Response: A new 24-hour online consultation channel has been added, with the customer service team providing bilingual support in Chinese and English, improving problem-solving efficiency by 30%;
- Global Layout: Entered the Indonesian market in 2024 by acquiring a local broker to provide Southeast Asian investors with access to global markets.
3. Full Process of Doo Financial Account Opening: August Limited-Time Benefits Upgrade
Documents Required for Account Opening
- Mainland Chinese Residents: ID card, Hong Kong bank card (with a bank statement within the last 3 months required);
- Hong Kong Residents: Hong Kong ID card, proof of address (e.g., utility bills for water, electricity, or gas), and bank account proof.
Simplified Guide to Account Opening Steps
- Download the App and Register
- Download "Doo Trading App" from the official website or app store, enter your phone number (e.g., starting with +852), obtain the verification code, and complete registration.
- Select Identity and Account Type
- Check "Mainland Chinese Resident", and the "Securities Cash Account" will be opened by default. You can simultaneously check trading permissions for Hong Kong stocks, US stocks, A-share Connect, etc.
- Upload Documents and Complete Information
- Take or upload photos of both sides of your ID card (ensure clarity and no reflection), fill in your name in Chinese and English, date of birth, contact address, etc., ensuring consistency with your proof of address.
- Submit Bank Information
- Bind your Hong Kong bank card, upload a bank statement within the last 3 months. Major banks such as HSBC and Standard Chartered are supported.
- Complete Risk Assessment and Questionnaire
- Fill in information such as investment experience and risk tolerance. The system will automatically match suitable trading products.
- Identity Verification (Choose One of Three)
- Online Transfer Verification: Transfer at least HK$10,000 from your Hong Kong bank account to Doo Financial’s designated account and upload the transfer receipt;
- In-Person Verification: Visit a licensed location to sign account opening documents and photocopy identity materials;
- Mail a Check: Mail a check issued from your Hong Kong bank account to Doo Financial’s headquarters to assist in identity verification.
- Electronic Signature and Review
- Complete the electronic signature and submit for review. You will receive account information via SMS within 1-3 working days after approval.
August Limited-Time Benefits (Invitation Code RKM01 Required)
| Deposit Amount | Benefit Content |
|---|---|
| ≥HK$10,000 | 0 platform fee for Hong Kong and US stocks + 30 commission-free trades per month |
| ≥HK$80,000 | ✅Unlimited commission-free trades (during the promotion period) |
| ≥HK$200,000 | ✅100 shares of Tracker Fund ETF (valued at approximately HK$888) |
⚠️ Note: Benefits require deposits from a同名账户 (same-name account). No withdrawal fees apply, and funds will arrive within 3 working days.
4. Fee Transparency and Industry Comparison
Industry-Leading Trading Costs
- Hong Kong Stock Trading: Commission as low as 0.03% (minimum HK$3), saving 70% of costs compared to the industry average of 0.1%;
- US Stock Trading: US$0.004 per share (minimum US$1), no platform usage fee, better than competitors like Futu and Tiger Brokers;
- Zero Fees for Deposits and Withdrawals: No additional fees charged by the platform; bank transfer fees are subject to actual charges.
Advantages Compared to Traditional Brokers
| Feature | Traditional Brokers | Doo Financial |
| Supported Markets | Hong Kong / US stocks | ✅Hong Kong + US stocks + A-share Connect + China Connect |
| Account Opening for Mainland Residents | Overseas address / work proof required | ✅Only ID card + Hong Kong bank card needed |
| Platform Fee | Generally charged | ✅0 platform fee for August only |
5. Frequently Asked Questions (FAQ)
Q1: Can mainland residents open an account without a Hong Kong bank account?
A: No. A Hong Kong bank account or bank statement is required for account opening, and deposits must be made through a Hong Kong account.
Q2: What are the requirements for proof of address?
A: It must be a document from the last 3 months, containing your name and detailed address (e.g., bank statements, utility bills for water, electricity, or gas), with clear and legible text.
Q3: Common reasons for failed account opening reviews?
- Blurred document photos or incomplete information;
- Proof of address inconsistent with the filled address;
- Transfer amount not meeting the minimum requirement;
- Risk assessment questionnaire not matching product requirements. You can contact customer service (+852 37553466) to check specific reasons.
Q4: What is the relationship between Doo Financial and Doo Prime?
A: Both are brands under Doo Group. Doo Financial focuses on securities trading, providing services for traditional markets such as Hong Kong and US stocks; Doo Prime focuses on Contract for Difference (CFD) trading, covering derivatives like foreign exchange and precious metals.
6. Summary and Action Recommendations
With low commissions, zero platform fees, multi-market coverage, and a simplified account opening process, Doo Financial has become one of the top choices for global investors to invest in Hong Kong and US stocks. Its August limited-time benefits further reduce trading costs, making it especially suitable for beginners and high-frequency traders.
📝 Recommended Actions:
- Prepare your ID card, Hong Kong bank card, and proof of address;
- Download "Doo Trading App" and enter the invitation code RKM01 to participate in August benefits;
- Follow Doo Financial’s official updates to seize market opportunities such as September Hong Kong stock IPOs (e.g., Oaks Electric).
·Original
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