Enter the transaction code, for example: Microsoft’s stock transaction code is msft.
The smallest trading unit for U.S. stocks is 1 share, and there is no limit on the ups and downs. The smallest unit of change is 1 cent.
The t+0 trading system is adopted, and it can be bought and sold within a day.
The transaction time of U.S. stocks
Daylight saving time
daylight saving time is adopted from early April to early November each year
9:30 pm Beijing time-4:00 am the next day
Winter time
winter time is adopted from early November to early April each year
10:30 pm Beijing time-5:00 am the next day
New York Stock Exchange (NYSE)
The main business objects of the exchange are stocks, followed by various domestic and foreign bonds. The exchange has three stock trading halls, including the main hall, blue hall, and "car room", and a bond trading hall, which are places where securities brokers gather and trade with each other. Most of the companies listed on the New York Stock Exchange are giant companies with large assets, large market capitalization, and a long history of development. The listing standards are relatively strict and the listing threshold is relatively high.
American Stock Exchange (AMEX)
Nationwide trading is similar to the New York Stock Exchange, offering stock and bond trading, in addition to options business and trading fund (ETFs) business. More than 1,131 stocks are listed here. It is the only place where stocks, options and derivatives can be traded at the same time.
Nasdaq Market (NASDAQ)
Nasdaq is the world’s largest electronic stock trading market with 4,400 stocks and adopts a market maker system.
NASDAQ’s listed companies are mostly high-tech, small and medium-sized companies with good growth and development prospects. Its listing standards and requirements are much more relaxed than those of the New York Stock Exchange. Nasdaq has two sectors: the National Market and the Small Cap Market established in 1992.
Stocks trading under $1.00 were almost always small companies struggling to find their place in the market and as a result those securities were very speculative investments for traders or investors.
In this day and age, securities priced between $1-10.00 in many cases still represent some of the most speculative and risky investments. This is especially true for small companies in the Biotech, Internet, and Fintech sectors.
These stocks can come out with news overnight that result in a 50% drop to the downside or a 100% squeeze to the upside. Anyone investing or day trading in these types of securities has to be prepared for the possibility of a total loss.
Just for reference when I took $583.15 and turned it into over $100k in 44 days, I was primarily trading stocks between $1.00 – $5.00.
These stocks all meet the min listing requirements for the exchanges, which is important to me.
If I’m putting my hard earned money into a stock, I want to feel confident the company isn’t going to disappear overnight.
Tier 1 Penny Stocks
These are the penny stocks that we focus. They are listed on a major exchange like the NYSE or NASDAQ and are usually priced below $5.00 per share but can be a little higher priced than that. Tier 1 penny stocks are still speculative but less open to manipulation because they are required by the exchanges to provide financial information and are held to a higher standard than OTC penny stocks.
Tier 2 Penny Stocks
Traditional penny stocks, in my opinion, are stocks priced between 1 cent and 99 cents. They aren’t below 1 cent (if you didn’t already know, stocks can trade at fractions of a penny). It’s not uncommon to see a stock priced between 1 cent and 99 cents that is still listed on the NYSE or NASDAQ.
These companies will typically get a letter (which is made public), that they need to meet the listing requirements to have their stock above $1.00 within a certain amount of time. If they do it, the stock remains listed, if they can’t it will be de-listed and move to the OTC market exchange.
However, it’s very important to note that stocks that trade above $1.00 will never have a spread less than 1 penny. That means the stock will trade 1.01 x 1.02, or 1.05 by 1.06, but never 1.015 x 1.017. When a stock trades BELOW $1.00, the stocks will trade down to fractions of a penny.
Types of fee
Cost
Charge for party
Commission
Free
vnsmart
Platform fee
$0.004 per share, minimum $1
vnsmart
External organization and activity fees
$0.00396 per share, Minimum $0.9, maximum $4.9
Exchange external agencies
Stock settlement fee
$0.002*number of shares traded, minimum $ 1
U.S. Settlement Agency
Securities Regulatory Commission Fees
0.0000221*amount of the transaction, minimum $ 0.01
U.S. Securities Regulatory Commission
Hong Kong stock market
The main component of the Hong Kong stock market is the stock market,
which is divided into the main board market and the ChiNext market.
The smallest unit of trading in Hong Kong stocks is calculated in "lots",
and the number of "one lot" for each stock is different. For example,
For example, Tencent Holdings currently has 100 shares per lot in Hong Kong stocks and 400 shares per lot for HSBC Holdings.
Hong Kong stocks adopt the T+0 trading model, which can be bought on the same day and sold on the same day, with no limit on the fluctuation range.
The delivery time for Hong Kong stocks is T+2, which means that the stocks traded today will be settled on the second working day after the securities company and the computing office are cleared.
The stock trading hours of the Hong Kong Stock Exchange
Monday to Friday
9:30 am - 11:30 am
13:00-15:00 PM
HKEX HONG KONG stock charges
Types of fee
Cost
Charging party
Commission
05%, minimum 12 HKD
Vnsmart
Platform fee
Free
Vnsmart
Stamp duty
0.1% of transaction value (Less than 1 HKD will be counted as one HKD)
Hong Kong Government
Transaction fee
0.005% of transaction value +0.5 HKD
Hong Kong Stock Exchange
transaction levy
0.0027% of transaction value (Minimum HKD 0.01)
Hong Kong Stock Exchange
Stock Settlement fee
0.01%, minimum HKD 2, maximum HKD 100
Hong Kong Stock Exchange
Hong Kong stock financing charges
Types of fee
Types of fee
Types of fee
Annual financing rate
8.50%
vnsmart
Encrypted digital currency (cryptocurrency) is a virtual currency that usually uses a decentralized network for secure financial transactions.
BTC
BCH
ABC（BAB）
Crypto 10 Index
ETH
XRP
LTC
A.Buying and Selling Cryptocurrencies:
Buying and selling digital cryptocurrency is to use one cryptocurrency (such as Bitcoin) to exchange it for another cryptocurrency (such as Ripple) on the basis of buying and selling through a cryptocurrency exchange.
B.Trading Venue:
The buying and selling of cryptocurrencies is done on cryptocurrency exchanges. Opening an exchange account by filling out an online form first. Generally, the exchange will have an order book, which records the objects that traders are buying and selling and where they are trading.
Cryptocurrency Exchanges
CFD Trading Platforms
ETF is an open-end trading index fund, which can be listed and traded on an exchange, and the share of the fund is variable.
Our platform has ETFs that are usually traded.
The operation of ETF includes multiple links such as issuance and establishment, trading, purchase/ redemption, management and information disclosure.
(1)Spread out your potential rewards – you can trade an entire market as though it were a single stock or commodity.
(2)Look for other opportunities to expose you to various markets/industries in the capital market.
(3)Enjoy tight spreads with zero commissions for making a deposit and opening/ closing a trade.
An exchange-traded fund (ETF) is a financial instrument that tracks (and sometimes amplifies) the market price of the top companies within a specific financial sector, such as aerospace, banking, energy, technology, or commodity, such as oil, natural gas, gold or lithium.
Trading leveraged ETFs doubles the transaction size by using borrowed capital, increasing the potential profit or loss that can be realized from the transaction.
The SPDR S&P 500 Trust, commonly referred to as SPY (or S&P 500-tracking ETF), is a popular ETF which follows the daily price movement of the S&P 500 - the main gauge of large-cap US-listed companies, and an important indicator of the US economy.
VNSMART investment provides the most perfect trading system, the best quantitative program trading tool and signal tool, because the response of the trading system and the execution speed of orders are affected by trading volume, market state, system performance and other factors, the final transaction results and investment expectations may be different. Investors should be aware before investing that all investments are at risk and that there is a risk of losses exceeding the original principal due to market fluctuations. Investment activities may not be suitable for every investor. See risk warning and disclaimer for details. If you need advice, please ask online customer service for help.
Stock trading CFDS and Day trading complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading Stock CFDs and Day trading complex with this provider. You should consider whether you understand how Stock trading CFDs and Day trading complexwork and whether you can afford to take the high risk of losing your money.
