WikiFX

Sagot

From my experience reviewing the account opening process and fee structure at Midas Securities, a prospective client should be aware that the minimum deposit required to start a live trading account is generally HKD 10,000. This is typically specified when funding an account during the initial setup, particularly for individual and joint accounts that require a personal cheque of at least this amount from a licensed Hong Kong bank. For corporate accounts, the same minimum deposit threshold exists, but through a company cheque. In my view, this requirement is moderate compared to some other Hong Kong licensed brokers, but isn’t insignificant for new or smaller investors. My advice is to factor this amount into your initial planning and confirm with Midas Securities directly if there have been recent changes or if your specific status (e.g., overseas versus Hong Kong resident) might entail different conditions. It’s prudent to check documentation instructions thoroughly, as these requirements can change with evolving regulations. Ultimately, the HKD 10,000 minimum sets a relatively clear entry point but warrants careful thought about whether this fits your risk profile and investment strategy before proceeding.