This post is a continuation of my post dated 23 July 2017 (see below).
8 Securities: Broker to trade US and Hong Kong Stocks (read here)
So yes, 8 Securities does not have holding fees, if I am to buy and hold Hong Kong or US stocks (being a foreigner not residing in HK or US respectively buying these stocks).
I have always been doubtful as to how do 8 Securities earn any commission by not having any holding fees. So I decided to do a small experiment.
Well, I did not actually buy or sell stocks using 8 Securities. My experiment is very simple. I simply transfer USD 50 to and from my 8 Securities account.
So on 7 Aug 2017, I