If you want to start investing in overseas securities, such as the United States and Hong Kong, you must first open an overseas securities account and use Hong Kong as a base to become a financial technology-driven professional investment vehicle and become the first choice for investors and investors.。

uSMART is a licensed corporation regulated by the Hong Kong Securities and Futures Commission and the Monetary Authority of Singapore (MAS), which is committed to providing trading services such as U.S. stocks, Hong Kong stocks, Singapore stocks, options, foreign exchange CFDs and other trading services for people with different backgrounds and investment needs.。

This post shares uSMART Yingli Zhi Investment account opening teaching, from registration to account opening, with multi-graphic way to take you step by step to uSMART account。

▍ uSMART four characteristics

1.Regulated by an authorized agency and legally licensed

uSMART is a licensed corporation recognized by the Hong Kong Securities and Futures Commission and the Monetary Authority of Singapore (MAS), which holds legal supervision and conducts securities trading and clearing, financing bills and wealth management services.。

Singapore Regulation: uSMART SG is regulated by the Monetary Authority of Singapore (MAS) and holds a Capital Markets Services Licence (CMS), holding a financial advisor exempt from self-regulation.。Licence No. CMS101161。

Hong Kong Regulation: uSMART HK holds licenses 1, 4 and 9 recognized and granted by the SFC, i.e., trading, advising on securities, providing asset management licenses。License No.: BJA907。

2.Financial Commodity Coverage

uSMART has a comprehensive coverage of financial commodities, supporting not only the trading of Hong Kong, U.S. and Singapore stocks, but also the trading of U.S. stocks, U.S. stock options, index options, structured products, A-shares, futures, ETFs, funds, warrants and CBBCs.。

3.Account opening within 5 minutes

uSMART provides one-stop online account opening service, through the design of simple and easy to understand uSMART official website or APP can apply for an account, very convenient。Plus the account opening review is quite quick, assuming you apply for an account in the morning of the working day, and finally pass the next day, you can deposit money and place an order at the opening of the U.S. stock market in the evening.。

4.uSMART SG APP is fully functional

From looking at the market, stock selection, order, a uSMART SG APP will be done, easy to invest in the world.。uSMART APP has won many fintech startups such as the Smart Investment Platform Excellence Award, the Outstanding Intelligent (AI) Investment Mobile Application Award, and a variety of innovative smart investment functions such as market data, smart diagnosis, trend analysis, financial statement analysis, community, financial video and expert analysis reports.。

▍ uSMART Securities Account Type

uSMART offers two types of securities accounts: Cash Account and Margin Account.。Opening an account is free and there is no minimum deposit threshold。

The following presents a summary of the document。

Cash Account Cash Account

As a basic type of securities account, cash accounts allow only cash transactions, and the purchasing power of the account depends on the account balance.。Simply put, after the account is opened, the investor must deposit funds before he or she can start trading stocks。If there is insufficient cash in the account, the order cannot be executed smoothly.。

Holding a cash account, investors can trade the stock market (Equity market) and zero shares (French share trading)。

Margin Account

Margin accounts provide investors with trading leverage, allowing them to gain greater purchasing power through cash (financing) or assets (securities) in their mortgage accounts, with the effect of amplifying investment returns.。Investors can open up to 3 times the leverage.。

Holding a margin account, investors can trade the stock market (stock market), zero shares (zero share trading), options (options), short selling (short selling) and foreign exchange contracts for difference (FX CFD)。

How to choose a member？

Margin accounts and cash accounts have their pros and cons, depending on the individual's level of investment knowledge, strategy, risk tolerance, principal size, etc.。

Margin accounts allow investors to make a profit while also reducing the risk of loss。Therefore, if you want to use leverage, first do a good job of investment classes, develop investment strategies, enter the trade, etc., so as to reduce the risk of loss。

Suppose you are a new investor and either self-assess the risks you cannot (or are unwilling) to take, it is recommended to open an account and invest as much as you have in your hands。

Of course, investors can also open a cash account first and upgrade to a margin account if needed。The operation method is to log in to uSMART App > Trading > Select one of the securities markets > Click ">" > Click "Upgrade Now"。

Commission Fee Scheme

uSMART has 3 trading commission pricing schemes - uSMART Trader, uSMART Standard and uSMART Intel。If you open an account according to your personal investment needs, choose any commission pricing plan.。

• uSMART Trader: ultra-low commission rates for experienced investors。No Welcome Pack。
• uSMART standards: low commission rates, welcome packages。Access to some SMART trading tools。
• uSMART Intel: Basic commission rate, welcome package。Access to some SMART trading tools。The asset management size (AUM) of the account must be maintained at SGD 2,000 or it will be transferred to the uSMART Standard scheme.。

Assuming you already have some investment experience and a need for investment analysis tools, choosing uSMART Trader would be a good choice.

If you're looking for a low commission option and don't enter the market frequently, or want to maintain a small capital investment, consider uSMART Standard。

Of course, if you expect your personal portfolio to exceed S $2,000, then uSMART Intel is for you。

The following describes the commission rates for different options for investing in U.S., Hong Kong and Singapore stocks.。

U.S. stocks	uSMART Trader	The uSMART standard	uSMART Intel
Commission	USD 0.003 / share minimum commission USD 0.50 / Order maximum commission 0.50% * Transaction amount	USD 0.004 / share minimum commission USD 0.88 / Order maximum commission 0.50% * Transaction amount	USD 0.009 / share minimum commission USD 1.00 / Order maximum commission 0.50% * Transaction amount
Platform Fee	USD 0.005 / share minimum commission USD 1.00 / Order maximum commission 0.50% * Transaction amount	USD 0.005 / share minimum commission USD 1.00 / Order maximum commission 0.50% * Transaction amount	USD 0.01 / share minimum commission USD 1.88 / Order maximum commission 0.50% * Transaction amount

Hong Kong Stock	uSMART Trader	The uSMART standard	uSMART Intel
Commission	0.024% * Transaction amount	0.03% * Transaction Amount	0.06% * Transaction amount
Platform Fee	12.00 HKD	12.00 HKD	15.00 HKD

Singapore Unit	uSMART Trader	The uSMART standard	uSMART Intel
Commission	0.02% * Minimum commission SGD 1 for transaction amount.00 / Order	0.03% * Minimum commission SGD 1 for transaction amount.00 / Order	0.05% * Minimum commission SGD 1 for transaction amount.00 / Order
Platform Fee	0.03% * Minimum commission SGD 1 for transaction amount.88 / Order	0.03% * Minimum commission SGD 1 for transaction amount.88 / Order	0.05% * Minimum commission SGD 1 for transaction amount.88 / Order

Account Opening Conditions

As long as you are at least 18 years old, you can apply in person to open a SMART account, cash only。At least 21 years old can only apply for a margin account.。

▍ uSMART account preparation documents

Before opening an account need to prepare:

1. Identity documents: Singpass (Singapore citizen, Singapore permanent resident, Singapore legal pass), passport (Singapore, China, Malaysia, India, Hong Kong, Macao, Taiwan, Thailand and Indonesia citizens only) or passport
2. Proof of current residential address: optional bank statement, credit card statement, letter or statement from insurance company, water, electricity or telephone bill, brokerage transaction document or statement, local government letter (* Note: documents for the last 3 months, clear keywords applicant's full English name and English address)
3. Tax number (tax residence and tax identification number)

Other information:

1. E-mail
2. Company Name and Address
3. Asset and Revenue Breakdown

It is recommended to have a stable network environment and use a computer to operate the registration, easy to fill in the information, and in the process will not cause the data to disappear need to re。

▍ uSMART account the complete process of teaching (more graphic)

Account opening fee: RM0

Long time for account opening verification: 1 to 3 working days

The uSMART account opening process requires only 12 simple steps:

1. Log in to uSMART website, register email or mobile phone number, set password
2. Select Account Opening Position
3. Enter basic personal information
4. Enter tax and tax information
5. Authentication of personal identity
6. Submit proof of address
7. Fill in the financial report (securities account selection and investment experience)
8. Face Recognition
9. Submit compliance information, read and confirm consent to account opening agreements and related disclosures
10. Representative

In this paper, the mobile phone account opening process to do a graphic introduction, the whole use of English interface, as long as the following process step by step, about 5 minutes to successfully complete the uSMART account opening。To convert the language interface, click English in the upper right corner to adjust the language to Chinese。

* Note: Like Tiger Brokers and Webull, Malaysians need to apply for an account through uSMART Singapore.。

Step 1: login uSMART website, register email / mobile phone number, set password

Enter the uSMART website, choose to register a new account with a mobile phone number or email, click "Get Code," the system will send a verification code to the specified email or mobile phone number。

Next, set the password, and in the Registration Agreement and Privacy Policy field below, agree to the relevant agreement。Finally click on "Registration" to register。

Click "Open Account" to start the application。

The second step: choose the identity of the account

Status chosen for the position: Individual or part-time status。

Select Personal Identity:

• Singapore: Singapore citizens, Singapore permanent residents, holders of Singapore legal pass, can use Singpass to open an account
• Other regions: can use the passport, passport account

Countries that accept national identity cards include China, Malaysia, India, Hong Kong, Macau, Taiwan, Thailand and Indonesia。

Step 3: Enter basic personal information

Start filling in personal information (Identification), including the country of issuance of the identity document, nationality, country of birth, type of document, full name in English, date of birth, gender。

Note to fill in the true information, but also to ensure that the documents meet the identification, so as not to pass the account verification。

Step 4: Enter employment and tax information

Fill in the individual qualification, industry, occupation, telecom name, resident, tax number (contact phone number required)。

Malaysia tax number is SG 11 digits, such as SG12345678901, can be found in tax return documents such as Borang BE or Borang B, or check with the Inland Revenue Department (LHDN)。

Step 5: Authentication of personal identity

Upload your identity document (Citizen, Passport 1) and make sure it contains your photo, full name, date of birth, identification number and nationality。Note that you need to upload the front (front) and back (back) of the citizen, while ensuring that the details of the citizen are clear and readable, not blurred, not reflective, and not watermarked。

Scan copy not available。

Step 6: Submit proof of address

Proof of current address must be provided for the project。Singapore, Malaysia, China, account opening using ID card address certificate; Hong Kong, Macau and China, account opening using ID card address certificate, also need to provide three months of proof of address。

The following documents may be selected for proof of address:

• Bank slip
• Credit Card
• Letter, receipt or contract form from insurance company
• Water, electricity, coal or telephone charges
• Brokerage transaction documents, statements, announcements of listed companies (e.g. allotment of shares, issuance of dividends)
• Local Government Letters
• Identification documents, ID cards, or address verification

Document must be in English。

Principle: Fill in the financial report (securities account selection and investment experience)

Fill in personal asset information, including source of assets, annual income, net asset value, investment objectives。

Next, select the type of securities account: cash account or margin account。

Customer Account Review assesses the user's level of knowledge and experience in specific investment products (SIPs) to meet Singapore Exchange compliance requirements.。

There are four options, one of which must be checked:

• Hold a finance, investment-related degree or qualification
• At least 3 consecutive years of working experience in finance and investment related fields in the past 10 years
• Traded at least 6 times in the past 3 years on listed Specified Investment Products
• Completed the online assessment of SGX Online Education Programme。If you choose this item, you must submit proof of achievement.。

Step 8: Personnel identification

According to the requirements of face recognition, need to shoot a big head film according to the instructions。

Make sure your avatar is clearly visible in the movie

Step 9: Submit compliance information, read and confirm consent to account opening agreement and related disclosures

Then declare compliance information, according to the facts, to declare that I or my immediate family, close friends have not been entrusted to senior government positions (PEP), etc., have not gone bankrupt, etc.。

Read all agreements and related disclosures, such as risk disclosure statements for offshore listed investment products, margin trading risk disclosure statements, etc.。

Consent to all agreements and related disclosures is expressed below。

Step 10: Sign and complete

Finally, sign your full English name to complete the account opening and wait for uSMART to notify you of the progress of the account opening.。

Select uSMART Trading Commission Pricing Scheme: uSMART Trader, uSMART Standard or uSMART Intel。

How to query uSMART account opening progress？

Log in to uSMART APP and click "Account Opening" to view the progress of account opening。You can also access customer service inquiries。

▍ Measured uSMART account time and experience required

The uSMART account was approved quite quickly, and the team received a successful email notification the next afternoon.。In terms of our speed measurement experience, the account opening information is the same as that of other overseas brokerages, with simple interface design and clear instructions.。Key points to prepare documents, do not take 10 minutes to easily open an account。

If you encounter problems in the process of opening an account, welcome to leave a message to us, our team will try to help。

▍ uSMART account FAQ

Begin

The official statement is 13 working days, but as long as the documents and information are complete and meet the requirements, the entire approval will not take too long。The team measured 1 work visa and successfully opened an account and received an email notification.。

If you have been looking for information for more than one week, you can contact uSMART customer service by email or use the real-time chat function of uSMART App for consultation.。

Is there a minimum deposit threshold for opening an account?？

No below standard。

Has the account been valid since the account was opened?？

Account has been valid。