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Why I decided not to use 8 Securities
By A Pen Quotes  •  October 10, 2017

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.

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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

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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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