How Is Hafoo Securities?|Full Broker Review & Account Opening Guide (2025)
Explore Hafoo Securities in depth: safety, fees, trading products, April bonus campaign, and a complete step-by-step account opening tutorial. Ideal for HK/US stock investors.
In recent years, as more investors venture into Hong Kong and U.S. stock markets, choosing a secure, transparent, and easy-to-use brokerage platform has become a must for beginners. Hafoo Securities, a licensed broker under East Money, is rapidly gaining market attention.
So, how is Hafoo Securities? Is it safe? Is the account opening process complicated? Are there any fee discounts? This article provides a comprehensive review of the platform and outlines the latest April account opening offers.
About Hafoo Securities|HK & US Stock Broker Backed by East Money
Hafoo Securities is a global brokerage platform owned by East Money Information Co., Ltd. (SZ300059), holding regulatory licenses from the Hong Kong SFC. It is positioned as an all-in-one investment solution for mainland investors, featuring:
- Stable trading system with millisecond-level execution
- Supports a variety of HK and US stocks
- Integrated fund and money market auto-redeem features
- Real-time quotes, financial news, and earnings tools
- Low entry threshold — account opening in 3 easy steps
Best for: Mainland investors looking for a reliable, regulated broker with global market access
Is Hafoo Securities Reliable and Legitimate?
Hafoo Securities is wholly owned by East Money (Stock Code: SZ300059) and is regulated by the Hong Kong Securities and Futures Commission (SFC), with Central Entity Number: ATR761.
Regulatory Credentials:
- Licensed entity recognized by Hong Kong SFC
- Holds Type 1/4/7/9 licenses
- Central Entity Number: ATR761
- HKEX Participant Number: 01885
- Broker Codes: 1975, 1978, 1979
Core Business Includes:
- HK/US stocks, A-shares via Stock Connect, ETFs, options, bonds
- Integrated trading, wealth management, financial news, fund subscriptions
- Seamless mobile app experience with 24/7 online account opening
All client funds are segregated in third-party custodian banks, ensuring high-level fund safety. Clients can link both HK and mainland bank cards for deposits/withdrawals.
Account Opening Guide (Step-by-Step with Visual Aid)
Just 3 steps to complete your account — as fast as 10 minutes:
Step 1: Download Hafoo Securities App
Android: Download here
iOS users have two options:
- Option 1: Use overseas Apple ID to search "Hafoo Securities" in App Store
- Option 2: No overseas ID? Use TestFlight method
Step 2: Navigate to "Trade" > Tap "Open Account"
Select “Mainland Existing Investor Entry”
Step 3: Upload Documents & Fill In Info
Required Documents:
- Mainland ID card
- Proof of existing offshore bank/securities account
- Mainland bank card (for identity verification)
- Offshore bank card (for funding)
Form Filling Steps:
- Upload ID photo
- Enter education & occupation details
- Complete risk disclosure questionnaire
- Verify identity using mainland bank card
Approval Time: Typically 1–2 business days
Hafoo Securities April Limited-Time Account Opening Offer (Up to HK$2,300 Bonus)
Reward Type | Condition | Reward Amount |
Commission-Free Trading | Within 180 days after account opening | Zero commission on HK/US stock trades |
Immediate Deposit Bonus | Net deposit ≥ HK$10,000 within 30 days | HK$200 |
Deposit Retention Bonus | Maintain funds for 60 days post-deposit | HK$600 / 1000 / 1600 (for HK$10k / 50k / 100k) |
Asset Transfer Reward | Transfer-in single batch ≥ HK$50,000 in HK/US stocks | HK$500 |
🔗 How to claim: Open the app → Go to "Trade" → "All" → "My Commission"
📌 Bonus Payout Time:
- Deposit Bonus: Issued within 1 working day upon eligibility
- Transfer Bonus: Issued within 5 working days after qualification
🎯 Total reward up to HK$2,300!
Hafoo Securities Fee Schedule
HK Stock Trading Fees
- Trading Commission: 0.025% of transaction amount, minimum HK$5 per order
- Platform Usage Fee: HK$15 per order
- Stamp Duty: 0.1%
- SFC Levy: 0.0027%
- Settlement Fee: 0.002%, minimum HK$2
US Stock Trading Fees
- Commission: $0.0049/share, minimum $0.99 per order
- Platform Usage Fee: $0.005/share, minimum $1
- Clearing Fee: $0.003/share, minimum $0.01
- SEC Fee (sell side): 0.00278% of transaction value
📌 Note: Commission is capped at 1%. Some fees waived during promotions.
📌 Other products such as Stock Connect, ETFs, IPOs, options, and US bonds have specific rates (refer to the app or website for details).
Frequently Asked Questions (FAQ)
Q1: Is Hafoo Securities legitimate and secure?
A: Yes. Hafoo is licensed by the Hong Kong SFC and operates as a regulated broker. All client funds are safeguarded via segregated third-party custodians.
Q2: Can I open an account without an offshore account proof?
A: Currently, proof of an offshore bank or securities account is required. You can obtain this via Alipay’s offshore brokerage services.
Q3: Is it difficult to prepare the documents for account opening?
A: You only need a valid Chinese ID and offshore brokerage account proof (e.g., from Tiger Brokers, Webull, etc.).
Q4: Must I use an offshore bank card to fund my account?
A: Yes, deposits must be made using a personal offshore bank card or supported remittance method.
Q5: Are there any hidden charges?
A: No. All fees are transparent and publicly listed. Certain services like money market funds or dividend handling may involve minor fees (refer to the app for details).
Q6: How do I receive the promotional rewards?
A: Once you meet the requirements, bonus coupons will be issued to your app account under "My Commission".
Conclusion: Is Hafoo Securities Right for You?
If you're looking for a regulated, secure, beginner-friendly brokerage with competitive fees to invest in HK and US stocks, Hafoo Securities is a top choice. Backed by East Money, the platform offers robust features, timely campaigns, and an excellent app experience—perfect for new and experienced investors alike.
🎯 Don’t forget to register now and claim up to HK$2,300 in bonuses for opening and funding your account!
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