HK Monthly Stock Savings Plan: Broker Fee Comparison
Four brokers offer monthly stock savings plans (月供股票) in Hong Kong: moomoo HK, Futu Securities HK, HSBC MIP, and Citibank RSP. The fee gap between cheapest and most expensive is real — at HK$5,000/month, choosing moomoo or Futu over HSBC saves HK$564/year. This interactive comparator shows you the exact per-trade cost, annual drag, and 5-year portfolio impact at your monthly amount.
- -moomoo HK and Futu HK both charge 0.03% commission, minimum HK$3 per trade — the cheapest in HK for monthly DCA investors.
- -HSBC MIP charges 0.25% (min HK$50). At HK$5,000/month that is HK$600/year in commission alone vs HK$36/year at moomoo — a 17× difference.
- -Stamp duty (0.10%) and HKEX levies (0.008%) are fixed regulatory costs — the same regardless of broker. Only the commission differs.
- -Bi-weekly investing increases total fees because the HK$3 minimum commission applies per trade. At HK$2,500/bi-weekly trade, 0.03% = HK$0.75 < minimum, so each trade costs HK$3 regardless.
HK Monthly Savings Plan — Broker Cost Comparator
Real fee math: per-trade cost, annual drag, and 5-year portfolio impact across moomoo HK, Futu, HSBC, and Citibank.
moomoo / Futu min HK$100; HSBC / Citi min HK$500
2800.HK 10-yr avg ~7%; S&P 500 HK-listed ~10%
Bi-weekly splits the monthly total into 2 trades
| Metric | moomoo HK | Futu HK | HSBC HK | Citibank HK |
|---|---|---|---|---|
| Min monthly | HK$100 | HK$100 | HK$500 | HK$500 |
| Commission/trade | HK$3.00 | HK$3.00 | HK$50.00 | HK$50.00 |
| Stamp duty (0.10%) | HK$5.00 | HK$5.00 | HK$5.00 | HK$5.00 |
| Total per trade | HK$8.40 | HK$8.40 | HK$55.40 | HK$55.40 |
| Annual fee total | HK$101 | HK$101 | HK$665 | HK$665 |
| Effective cost rate | 0.168% | 0.168% | 1.108% | 1.108% |
| 5-yr portfolio (net fees) | HK$359,448 | HK$359,448 | HK$356,063 | HK$356,063 |
| 5-yr fee drag | -HK$605 | -HK$605 | -HK$3,989 | -HK$3,989 |
0.03% commission, min HK$3 per trade. No platform fee. Most accessible for small monthly amounts.
Official fee schedule →Fee estimates are based on publicly available broker fee schedules as of Q2 2026. Actual fees may differ due to promotions, account type, or fee changes. Stamp duty (0.10%) and HKEX levies (0.008%) are fixed regulatory charges. Always verify fees with your broker before investing. 5-year projections assume a fixed annual return and do not account for market volatility or tax.
How We Compared: Methodology
We reviewed the official fee schedules and plan terms of each broker as of Q2 2026. All fee data is sourced directly from the broker's published documentation or official pricing page. Where fees are stated as a percentage, we applied them to the monthly investment amount. Where a minimum fee applies, we used the higher of the percentage-based fee or the minimum.
| Fee Component | Rate | Source | Who pays |
|---|---|---|---|
| Broker commission (moomoo / Futu) | 0.03%, min HK$3 | Broker fee schedule Q2 2026 | Investor |
| Broker commission (HSBC / Citi) | 0.25%, min HK$50 | Broker fee schedule Q2 2026 | Investor |
| HK Stamp Duty | 0.10% per side | IRO s.19(1)(b), effective Aug 2023 | Buyer (per buy trade) |
| HKEX Trading Fee | 0.005% | HKEX fee schedule (since Jan 2024) | Investor |
| SFC Transaction Levy | 0.0027% | SFC levy schedule | Investor |
| HKEX Investor Compensation Levy | 0.0003% | HKEX fee schedule | Investor |
All fees are expressed as HKD. The 5-year portfolio projection uses the future value of an annuity formula, compounding monthly at the stated annual return rate. Fees are deducted from each monthly contribution before compounding to show the net portfolio value.
Broker Profiles: Monthly Savings Plans in HK
- -Commission: 0.03% per trade, minimum HK$3 — cheapest DCA broker in HK for any amount above HK$10,000/trade. At HK$100-HK$5,000/month the HK$3 minimum applies.
- -Minimum monthly: HK$100. Plan deducts automatically on a fixed date each month.
- -No platform or custody fee. No annual management fee.
- -Stock selection: most HKEX-listed stocks and ETFs, including 2800.HK, 9107.HK, 3115.HK.
- -Source: moomoo HK fee schedule — verify at moomoo.com/hk/support/category/details/fee-schedule
- -Commission: 0.03% per trade, minimum HK$3 — same as moomoo HK as of Q2 2026. Identical effective cost for most retail monthly amounts.
- -Minimum monthly: HK$100. Automatic monthly deduction.
- -No platform or custody fee.
- -Source: Futu HK fee schedule — verify at futunn.com/hk/support/article/6867
- -Handling charge: 0.25% of investment amount per trade, minimum HK$50. At HK$500/month (the plan minimum), every dollar goes 10% to fees before investing.
- -Minimum monthly: HK$500. Suited for existing HSBC Masterplan or integrated account holders who value consolidated banking.
- -Source: HSBC HK MIP — verify at hk.hsbc.com/investments/products/monthly-investment-plan/
- -Service fee: approximately 0.25% of investment amount per month (minimum HK$50). Verify current rate at citibank.com.hk — fee is subject to change.
- -Minimum monthly: HK$500. Best for existing Citibank clients who want DCA integrated into their primary bank account.
- -Source: Citibank HK RSP — verify at citibank.com.hk/english/investments/regular-savings-plan.htm
DCA for HK Residents: How This Differs from Other Tools
This comparator is specifically for HK residents buying HK-listed stocks and ETFs through local DCA plans. It is different from other tools on this site:
For HK residents, the monthly DCA plan offered by your local broker is the most tax-efficient way to invest. Hong Kong charges no capital gains tax and no withholding tax on dividends from HK-listed stocks — meaning every cost advantage from choosing the cheaper broker compounds into higher net returns over a 5-20 year DCA horizon.
Frequently Asked Questions
Which HK broker has the lowest fees for monthly savings plans?
moomoo HK and Futu HK both charge 0.03% commission with a minimum of HK$3 per trade — the lowest available in HK. At HK$5,000/month, that is HK$3/trade (0.06% effective rate). HSBC MIP and Citibank RSP charge 0.25% (min HK$50), which is HK$50/trade at any monthly amount below HK$20,000.
What is the minimum for HSBC Monthly Investment Plan?
HSBC HK MIP requires a minimum of HK$500 per month per stock or ETF. The handling charge is 0.25% of the investment amount per trade, with a minimum of HK$50. At the HK$500 minimum, the handling fee alone is HK$50 — which is 10% of your monthly contribution. At HK$5,000/month, the handling fee drops to 1% (HK$50, still at minimum). Verify the current rate at hk.hsbc.com.
Is bi-weekly DCA cheaper or more expensive than monthly?
For moomoo and Futu with a HK$3 minimum per trade: at HK$5,000/month split into 2 bi-weekly trades of HK$2,500 each, the 0.03% commission = HK$0.75 per trade, below the HK$3 minimum. You pay HK$3 per trade regardless — so bi-weekly costs HK$6 total vs HK$3 for monthly, for the same monthly investment. Bi-weekly is more expensive in commission terms. Use bi-weekly if your income arrives bi-weekly and you prefer systematic investing.
Does Hong Kong tax monthly savings plan returns?
No. Hong Kong charges no capital gains tax on profits from selling HK-listed stocks or ETFs, and no withholding tax on dividends from HK-listed securities. Every dollar of return from your monthly savings plan — whether from price appreciation or dividends — is yours to keep. This is a significant structural advantage for long-term DCA investors compared to jurisdictions like the US (20% CGT), UK (20% CGT), or Australia (up to 45% on gains).
What stocks and ETFs can I buy through monthly savings plans in HK?
Most HKEX-listed stocks and ETFs are available. For DCA investors, popular choices include: 2800.HK (Tracker Fund of Hong Kong, Hang Seng Index, TER 0.09%), 9107.HK (iShares S&P 500 ETF, TER 0.07%), 3115.HK (iShares MSCI World, TER 0.20%). Blue-chip stocks like 0005.HK (HSBC), 0941.HK (China Mobile), and 0700.HK (Tencent) are also widely available. Check each broker's platform for the specific list of eligible stocks for their savings plan.
How does stamp duty apply to monthly savings plans?
HK Stamp Duty applies to every stock purchase, including monthly savings plan contributions. The rate is 0.10% of the transaction value per side (buyer pays 0.10%), rounded up to the nearest HK$1. This was reduced from 0.13% to 0.10% in August 2023. At HK$5,000/month, stamp duty is HK$5 per monthly trade. This is a mandatory regulatory charge — the same for all brokers — and is not negotiable.
Related Tools
Jim Liu is the founder of TradeSmart and a long-term HK equity investor. He has been DCA-ing into 2800.HK monthly since 2023. The broker fee data on this page is sourced from each broker's official fee schedule and HKEX regulatory documentation, reviewed in Q2 2026.