Hong Kong Broker FSMOne HK Still Open to Mainland Chinese | 2026 FSMOne HK Account Opening & iFAST Global Bank Transfer Guide

Starting in late May, Hong Kong brokers like Futu, Tiger, and Longbridge have gradually implemented rules for mainland clients — “only allowed to sell, not buy, and must clean up existing users within two years.” Many assumed this completely shut the door for mainlanders to trade Hong Kong and US stocks via Hong Kong brokers. However, few paid attention to the Hong Kong Securities and Futures Commission’s statement in June: “Licensed companies in Hong Kong can open new accounts for mainland clients, provided they comply with regulations.” That’s the information gap.

One such Hong Kong broker that meets SFC requirements and consistently accepts mainland clients is FSMOne HK. Its parent company is iFAST Corporation, listed in Singapore. FSMOne HK offers a full suite of products including Hong Kong stocks, US stocks, funds, bonds, and ETFs. It also supports seamless transfers with fellow group member iFAST Global Bank (a UK-regulated digital bank), facilitating global asset allocation — ideal under the current tightened environment.

• FSMOne HK was formerly Fundsupermart.com, entering Hong Kong in 2007 as one of the early online investment platforms.
• Parent company iFAST Corporation is headquartered in Singapore and listed on the Singapore Exchange mainboard under the code SGX: AIY.

I. Key Advantages of FSMOne HK

1. Very Low Hong Kong Stock Trading Costs

FSMOne HK’s fee structure for HK stocks and ETFs is straightforward: the platform shows 0 commission, 0 platform fee, no hidden charges for HK stocks and ETFs. When trading, it only collects external fees such as those from HKEX, SFC, AFRC, stamp duty, and transaction levy. For frequent traders of Hong Kong stocks and ETFs, this is among the lowest cost structures available.

Reference: FSMOne HK’s stock fee page displays “0 commission, 0 platform fee, absolutely no hidden charges” along with detailed external fees.

FSMOne HK can keep Hong Kong stock fees low because its core and original business is funds and bonds. The platform offers a comprehensive selection of funds and bonds, with a minimum of just USD 100.

2. Still Supports Mainland User Account Opening

According to account opening requirements, mainland clients can apply for a FSMOne HK account using their mainland ID card or passport. They can fill in information online and later complete identity verification online, in person, or by mail. In practice, it’s recommended to use the mainland ID card for account opening: first, for Hong Kong stock trading, the ID card may later be needed as a tax identification code; second, it makes subsequent binding of Hong Kong bank eDDA easier.

Note: Currently, mainland users typically need to sign a declaration that funds come from overseas sources when opening an account, and complete identity verification as required by the platform.

3. Seamless Transfers with iFAST Global Bank

This is a unique feature of FSMOne HK. FSMOne and iFAST Global Bank are both under the iFAST group. Once accounts are linked, you can transfer between different regional accounts within the group.

According to iFAST Global Bank’s official introduction, this feature allows you to move funds between iFAST accounts in the UK, Singapore, Hong Kong, Malaysia, etc., for free, quickly, and with no daily limit.

In other words, once your money reaches FSMOne, it becomes easier to access the iFAST global network. This is very practical for those needing to move funds between the UK, Singapore, and Hong Kong.

Additionally, iFAST Global Bank is a UK-licensed digital bank, authorized by the UK Prudential Regulation Authority (PRA) and regulated by the PRA and FCA. Latest official information indicates that eligible deposits are protected by the FSCS up to £120,000 per person.

4. Rich Selection of Funds, Bonds, and Certificates of Deposit

FSMOne HK started as a fund platform and later expanded to bonds, certificates of deposit, Hong Kong stocks, US stocks, A-shares, Singapore stocks, and more. For users who don’t want to trade only stocks but also allocate to bonds, funds, money market funds, CDs, or cash management products, FSMOne’s product lineup is quite comprehensive.

II. FSMOne HK Account Opening Tutorial

Step 1: Download the FSM Mobile App. Apple users can search “FSM – Invest Globally” on the App Store; Google Play users can also search and download. For mainland Android users without Google Play, go to the bottom of the FSMOne HK official website to download the APK. Website: https://www.fsmone.com.hk/

Step 2: Open the App, select region “Hong Kong”, choose language and accept terms, then enter the FSMOne homepage.

Step 3: Click Login/Open Account and fill in login details. Remember to enter the promotion code in the last field, and it must be in all caps. You can use the code: MAOMAO — it gives you free subscription fee for the first 3 months for government bonds, a flat fee of USD 3.8 for US stock trades in the first month, and free subscription fees for all funds in the first month.

Step 4: Fill in personal information as required, including English name, Chinese name, nationality, identity document type, date of birth, country/region of birth, residential address, occupation, etc., and upload identity documents. Mainland users can use their mainland ID card or passport; it’s recommended to prioritize the ID card.

Step 5: Answer questions about US person status, investment experience, risk disclosure, etc., confirm the terms, and submit the application. After submission, the account opening information is completed, and you proceed to identity verification.

III. Three Identity Verification Methods

Method 1: Online Verification

You can verify your identity by making a transfer from your own Hong Kong bank account via eDDA fast transfer or FPS transfer of a specified amount. The amount mentioned in the documentation is generally HKD 10,000 or equivalent in foreign currency. Note that after online verification, the eDDA-linked bank may be restricted to the first deposit/withdrawal bank. If you need to change or add a bank later, you may need to contact customer service.

Method 2: In-Person Verification at Office

This is the recommended method, as opening this way allows seamless transfers with an iFAST Global Bank account opened using the same ID document. First, fill in the account opening information in the App, select “In-Person”, and schedule an appointment to visit the FSMOne Hong Kong office for identity verification. Bring your identity document and sign the investment account application form on site.

Address: Unit 711, 7/F, Tower 5, The Gateway, Tsim Sha Tsui, Hong Kong
Tip: You must book an appointment in advance; walk-ins are not recommended.

Method 3: Mailing

If you are not in Hong Kong, you can submit documents by mail. Typically required:

1. Signed investment account application form
2. Copy of ID card or passport
3. Identity confirmation document, choose one of two: a crossed personal cheque of not less than HKD 10,000 or equivalent, or identity document verification and signing by a qualified witness

Mailing address: Same as above: Unit 711, 7/F, Tower 5, The Gateway, Tsim Sha Tsui, Hong Kong

Opening this way also allows transfers with iFAST Global Bank.

IV. Guide for Transfers Between FSMOne and iFAST Global Bank

Most important before transfers: FSMOne and iFAST Global Bank should ideally be opened using the same identity document. The system determines whether the holder is the same based on document type and name. Even if names match, if one account uses an ID card and the other a passport, automatic linking may fail.

If you have already opened accounts with different documents, you need to email iFAST Global Bank at [email protected], requesting to add the document number used in the FSMOne account. The sending email must match the account login email.

Transfer from FSMOne to iFAST Global Bank

Method 1 (recommended): Add iFAST Global Bank as a bank account in FSMOne.

Steps:

1. Log in to FSMOne
2. Go to the “Menu” (bottom right)
3. Select “Bank Account Information”
4. Click “+ Add Bank Account”
5. The system asks if you want to add an iFAST Global Bank account — click “Yes”
6. If you have already registered an IGB account with the same document, it will be added automatically

After adding, the account type will be overseas bank, bank name iFAST Global Bank Limited, SWIFT code EZYRGB2LDPB. Once added, you can transfer from FSMOne to iFAST Global Bank.

Transfer from iFAST Global Bank to FSMOne

Steps:

1. Log in to iFAST Global Bank
2. Select “Payment”
3. Select “Transfer within iFAST Group”
4. Country/Region: Hong Kong
5. iFAST Platform: FSMOne, Hong Kong
6. Enter amount and submit

If submitted before 3 p.m. on a working day, it arrives in real time; generally, it becomes available balance within 1 working day.

Another Method: iFAST Global View

You can also use iFAST Global View to connect iFAST group accounts, including Hong Kong, Singapore, and UK accounts. It lets you view assets across the group and transfer between accounts. Note that the connection to iFAST Global Bank may need reauthorization every 90 days, so for long-term use, it’s better to add iFAST Global Bank to FSMOne’s bank account list first.

Summary

FSMOne HK is not just a single broker — it’s more like a comprehensive investment and cross-border fund management gateway: 0 commission and 0 platform fee for Hong Kong stocks, still open to mainland users, a full range of funds, bonds, and certificates of deposit, plus seamless integration with iFAST Global Bank for lower-cost fund transfers between Hong Kong, UK, and Singapore.

For anyone with overseas investments, Hong Kong stock trading, or fund arrangements in GBP, SGD, or HKD, the combination of FSMOne HK + iFAST Global Bank is well worth studying.