With the acceleration of global economic integration, more and more investors are paying attention to investment opportunities in overseas markets, especially the Hong Kong and US stock markets. Choosing a suitable brokerage has become one of the key factors for successful investment. This article will delve into two leading Hong Kong and US stock brokers—Webull Securities and Tiger Brokers, helping you better understand their characteristics and services.

I. Company Background

Webull Securities

1. Establishment and Development History

Webull Securities Limited was established in Hong Kong. It is a licensed corporation authorized by the Securities and Futures Commission (SFC) of Hong Kong, holding Type 1 (securities trading), Type 2 (futures contract trading), and Type 4 (providing advice on securities) licenses. Its core team consists of experienced financial managers and technical experts, committed to building a convenient trading platform for global investors through technological innovation.

2. Licensing and Compliance Status

Webull Securities holds a number of important licenses issued by the Hong Kong Securities and Futures Commission, including qualifications for securities trading, futures contract trading, and providing securities investment advice. This means Webull can legally provide comprehensive investment services to clients, while being subject to strict supervision to ensure clients' rights and interests are fully protected.

3. Introduction to Core Management and Technical Strength

Webull Securities' core team members come from world-leading financial institutions and technology companies, with rich experience in financial markets and profound technical backgrounds. They are not only familiar with the operating rules of the financial industry but also able to use the latest technological achievements to enhance user experience.

Tiger Brokers

1. Company Establishment and Development History

Tiger Brokers was founded in 2014, with its headquarters in Beijing, China, and branches in the United States, Singapore, New Zealand, and other places. In just a few years, Tiger Brokers has achieved remarkable results, obtained multiple financial compliance licenses, and attracted the attention of a large number of investors. Its strong technical research and development capabilities and extensive market coverage have enabled it to rise rapidly.

2. Held Financial Licenses and Covered Markets

Tiger Brokers holds a brokerage license issued by FINRA in the United States and financial licenses in many other countries and regions, with the ability to provide various investment products such as securities trading, options trading, and ETFs. Its platform covers multiple international markets such as US stocks, Hong Kong stocks, and A-shares, meeting the needs of investors in different regions.

3. Introduction to Core Team Members

Tiger Brokers' core team members come from well-known Wall Street investment banks and first-class Silicon Valley technology companies, with years of experience in capital market operations and profound technical backgrounds. It is such a high-quality professional team that drives Tiger Brokers to continuously innovate and develop, and continuously lead the industry trend.

II. Comparison of Service Features

1. Trading Fees

Notes:

• Webull Securities has a relatively low commission structure, which is especially suitable for investors who trade frequently.
• Tiger Brokers has certain advantages in terms of financing interest rates, making it suitable for users who need leveraged investment.

2. Trading Platform

Notes:

• Webull Securities emphasizes improving user experience through technological innovation. For example, its intelligent investment advisory system can help users make more informed investment decisions.
• Tiger Brokers enhances user interaction and information acquisition efficiency through built-in community discussions and real-time news push.

3. Customer Service

Notes:

• Webull Securities focuses on quickly responding to customer needs, especially being able to solve problems promptly in emergency situations.
• Tiger Brokers is committed to improving customers' self-service capabilities through education and training, reducing reliance on manual customer service.

III. Account Opening Process and Requirements

Preparation Before Account Opening

Before formally opening an account, please prepare the necessary documents, such as identification (ID card or passport), address proof (bills or residence permit within the last three months). For non-Hong Kong residents, corresponding address proof materials are also required.

• Basic Documents:
  • Hong Kong region: Hong Kong permanent / non-permanent resident ID card;
  • Macau region: Macau ID card;
  • Other regions: passport or English version of ID card.

  Attachment: Examples of valid proof images

• Address Proof: It should be a valid document issued within the past 3 months, containing four major elements—your name, residential address (cannot be a commercial or industrial building address), issuing institution (such as a bank, water, electricity, or gas company), and issue date. Common forms include bank statements, electricity bills, gas bills, credit card bills, etc. If the current residential address is consistent with the address on the ID card, the ID card can be directly used as address proof.
• Special Cases: If you are an employee of a licensed corporation or registered institution regulated by the Hong Kong Securities and Futures Commission (such as a brokerage firm, bank), you need to provide an additional employer's consent letter, which should include personal information, company name, account opening permission statement, company seal, and date (valid for 1 month).

Webull Securities Account Opening Process

1. Click to open an account: Enter the main interface of Webull Securities and click the "Open Account Now" button.
2. Select account opening region: Choose the corresponding account opening region according to the type of your ID document.
3. Fill in work and contact information: Truthfully fill in your personal work information, contact address, etc. It should be noted that if you are an employee of a licensed corporation or registered institution, you need to select "Yes" and upload the employer's consent letter.
4. Fill in personal statement and risk assessment: Complete the personal statement and conduct the necessary risk assessment test.
5. Select account and trading market: Choose the appropriate account type (cash account or margin account) according to your needs, as well as the markets you want to trade in (such as Hong Kong stocks, A-shares, US stocks, etc.).
6. Identity verification: Complete identity verification through FPS (Faster Payment System) or online transfer authentication.
7. Submit materials: After completing the above steps, submit the account opening materials. Generally, the review time is 1-3 working days.

For detailed graphic steps, please click 《Comprehensive Review and Account Opening Guide for Webull Securities》

Tiger Brokers Account Opening Process

1. Click to open an account: Enter the main interface of Tiger Brokers and click the "Open Account Immediately" button.
2. Select account opening region: Choose the corresponding account opening region according to the type of your ID document.
3. Fill in basic information: Truthfully fill in your personal basic information, contact information, etc.
4. Select account type: Choose the appropriate account type (such as ordinary account, margin account, etc.) according to your needs.
5. Identity verification: Complete identity verification by uploading photos of your ID document and address proof.
6. Sign agreement: Read and sign the relevant account opening agreement.
7. Submit materials: After completing the above steps, submit the account opening materials. Generally, the review time is 1-3 working days.

For detailed graphic steps, please click 《Does Tiger Brokers really no longer require existing stock proofs for account opening? Latest Policy Interpretation and Alternative Solutions》

IV. Fund Security and Privacy Protection

1. Fund Security Guarantee Measures

• Webull Securities
  • Entrusts clients' funds to be independently custodied in Citibank, China Merchants Bank Wing Lung Bank, and The Hongkong and Shanghai Banking Corporation Limited, and is protected by the Hong Kong Investor Compensation Company Limited.
• Tiger Brokers
  • Also adopts an independent custody mechanism to ensure that clients' funds are deposited in well-known financial institutions, avoiding confusion with the company's operating funds. Multiple verification mechanisms (such as identity verification, SMS verification codes) prevent unauthorized fund transfers.

2. Privacy Protection Policy

• Webull Securities
  • Complies with the OECD's CRS rules and FATCA requirements, only declares necessary information to tax authorities under legal provisions, and uses data encryption technology to protect clients' privacy.
• Tiger Brokers
  • Also complies with CRS and FATCA regulations, collects and reports clients' tax residence information to relevant tax authorities, and adopts strict data encryption technology and access control strategies.

V. Frequently Asked Questions (FAQ)

Q: What about Webull Securities?

A: With its advanced technical support and high-quality services, Webull Securities enjoys a good reputation in the industry, especially suitable for investors pursuing low commissions and efficient trading experience.

Q: What about Tiger Brokers?

A: Tiger Brokers is widely praised for its comprehensive product line and strong technical support, and is very suitable for investors who need diversified investment tools and personalized services.

Q: What factors should be considered when choosing a Hong Kong and US stock broker?

A: The main factors to consider include but are not limited to the fee structure, stability of the trading platform, response speed and quality of customer service, etc.

Q: How to ensure that my personal information will not be misused?

A: According to the regulations of CRS and FATCA, all financial institutions must legally collect and properly store customer information, and only use this data within the legal scope.

Q: Which one is more suitable for me, Webull Securities or Tiger Brokers?

A: If you value low commissions and efficient trading experience, you can choose Webull Securities; if you need diversified investment tools and community interaction, Tiger Brokers may be a better choice.

Q: How should novice investors choose a brokerage?

A: Novice investors should give priority to brokerages with user-friendly interfaces, simple operations, and rich educational resources. For example, both Webull Securities and Tiger Brokers provide detailed help documents and operation guides.

Q: What matters need attention during the account opening process?

A: During the account opening process, you need to prepare valid ID documents (such as passport or ID card), address proof (such as utility bills or bank statements), and employer's consent letter (if you are an employee of a licensed corporation or registered institution).

Q: How to check the result of new share subscription allotment?

A: The allotment results are usually announced before 16:00 on the trading day before listing. You can check through the message notification in the brokerage's App or through the HKEXnews website.

Q: Can the handling fee be refunded if the new share subscription fails?

A: Whether you are allotted shares or not, the new share subscription handling fee will not be refunded. Even if the new share is delayed or canceled for listing, the subscription handling fee still needs to be paid.

Q: What are the customer service channels?

A: Both Webull Securities and Tiger Brokers provide multi-channel customer service, including phone, email, online chat, etc. Webull Securities provides 24/7 phone consultation service, while Tiger Brokers focuses on phone support during working hours on weekdays.

Conclusion

In today's increasingly popular global investment, choosing a suitable Hong Kong and US stock broker is crucial for investors. This article conducts a detailed comparative analysis of Webull Securities and Tiger Brokers in terms of company background, service features, account opening process, and fund security, aiming to help investors better understand the characteristics and services of these two brokers, so as to make wise choices.

Finally, we hope this article can provide you with valuable reference information and wish you fruitful results on your investment journey in the future. If you have any questions or need further help, please feel free to contact the customer service team of the relevant broker, who will serve you wholeheartedly. No matter which broker you choose, we wish you a smooth investment journey and achieve the goal of wealth appreciation!