How women can manage their money independently.
Has the thought of trading always spooked you? Have you psyched yourself into believing that money management, saving and investing is beyond you? Well, there’s no better time to #choosetochallenge these limiting notions. To help you on your way to financial literacy and fluency, SoFi Hong Kong offers a $0 commission trading app that makes investment easy and accessible to all.
Investing is not as difficult as it looks. In fact, numerous studies have shown that women actually make better investors than men (google Geraldine Weiss if you don’t believe us!). We know that money can’t buy everything but financial health plays a critical role in our wellbeing and that of our families. While many mamas would like to be independent and responsible for their own fiscal decisions, chances are that they have never had the right advice, role models or the necessary tools. Nowadays, with the wealth of information available online and investing apps like SoFi Hong Kong, this is all set to change.
On SoFi Hong Kong, there are:
- No commission fees
- No custodian fees
- And no platform fees
(Read the fine print and see that there are no hidden clauses)
The app is user-friendly – ideal for those taking their first tentative steps in trading. A US-backed investment platform, SoFi is one of the largest and fastest-growing global fintech companies with over 1.8 million members around the world.
So how does it work? Once you have opened your account, you may be looking for advice and help to get you started. On SoFi Hong Kong, you could always follow top traders and see how and what they invest in. The app offers 10 SoFi points (part of their loyalty programme) to those who open an account. As you earn more points, you can redeem these for free shares on the platform. You also become a SoFi member and will be part of the exclusive networking and knowledge-sharing experiences.
The company makes money by offering a margin trading service where its members can apply for a loan from SoFi Hong Kong to trade stocks on leverage. SoFi is regulated by the Securities & Futures Commission of Hong Kong. Your deposits and stocks are safeguarded by separate financial and trading institutions (do check the website for details on how you’re insured).
So this International Women’s Day, #choosetochallenge and take charge of your investments. We’re rooting for a healthier, wealthier and wiser you!
All investments are subject to market risk. This article does not constitute an offer, contract, endorsement, recommendation or financial advice. We do not make any warranties about the completeness, reliability and accuracy of this information and will not be liable for any losses and/or damages in connection with the use of this information.
This special series in honour of International Women’s Day is brought to you in partnership SoFi Hong Kong, the $0 commission trading app and contains editorial and sponsored posts celebrating women in Hong Kong. For more such stories, please click here.