Account Opening

What is the major concern when doing postal application？

  • A personal cheque with amount not less than HK$10,000 is essential when doing a postal application. Below are some kindly reminders:
  • The presented name on cheque has to be totally matched with the HKID card/passport of applicant.
  • Cheque headings should put “Conrad Investment Services Limited” .
  • Signature on cheque has to be totally matched with the application form.
  • Cheque has to be issued by Hong Kong Licensed Banks
  • Cheque has to be single named, join bank account is not accepted.
  • Join Account application should submit two separate personal cheques

What type of trading accounts does Conrad offer?

  • Custodian Account (P A/C)
  • Customers can trade HK securities that listed on the HKEx. The amount of executed BUY (SELL) transactions including commissions and other related expenses will be Deducted from (Added into) their custodian accounts.Customers can also place orders via internet tradingplatform; however, orders can only be placed when there is sufficient cash balance (Buy) or sufficient shares of stock(Sell).
  • Margin Account (M A/C)
  • Customers can trade HK securities through margin financing. According to individual stock's marginal value (Refer to Margin list), full payment of trade proceeds might not be required on the settlement date. Customers can also place orders via internet trading platform; however, orders can only be placed online when there is sufficient cash balance (Buy) or sufficient shares of stock (Sell).

What kind of account opening documents is required for opening securities account in Conrad?

  1. Properly completed account opening form signed by the client.
  2. Original and copy of valid identity card (the second generation of the resident identification card of the People's Republic of China), passport or Exit-entry Permit for Travelling to and from Hong Kong and Macau.
  3. Valid address proof with your full name issued within three months (such as bills for public utility and bank statement within past 3 months).  If the corresponding address is different from residential address, address proof should be provided for both addresses.

How to confirm the success of open trading account?

  • If your account opening application is accepted, a welcome letter will be sent to you by email or post to inform you the account has been opened.

Is there any shareholder code card after account opening?

  • No, there is no shareholder code card for account opened with Hong Kong securities firm.  After account opening, Conrad will issue a welcome letter by email or by post.  The letter includes information such as securities account number, BOCOM Sub Account information and the letter also serves as an evidence of account opening.  Please keep the letter properly.