Product & Service Monthly Stock Savings Plan

Monthly Stock Savings Plan
Monthly Stock Savings Plan

Wide Coverage of Hong Kong and U.S. Stocks

Our Monthly Stock Savings Plan lets you invest in both Hong Kong and U.S. stocks, from constituents of major market indices to selections of Exchange-traded Funds (ETFs), so that you can capitalize on the long-term trend with wider choices.

Start Your Plan as Low as HKD 1,000

You can select any one stock to start your stock savings plan. The monthly investment is just as low as HKD 1,000 per Hong Kong stock and USD 150 per U.S. stock. In addition, you can increase the monthly investment amount in the multiple of HKD 500 (for each Hong Kong stock) or USD 50 (for each U.S. stock) to the maximum of HKD 20,000 or USD 3,000 respectively.

Overcome Short-term Volatility to Capture Long-term Return

To achieve the benefits of "Dollar Cost Averaging", the monthly stock savings plan help you to invest a fixed amount regularly, you can buy more shares when the stock price is low and fewer shares when the stock price is high. You will then enjoy a lower average cost per share over the investment period.

With this investment strategy, you do not need to worry about the short-term price fluctuations, but conveniently achieve your investment targets in a disciplined manner with greater potential return in the long run.

Flexible and Economical

You can adjust, sell the shares, or even terminate the stock savings plan whenever you want, without any handling or custodian fees. You simply need to pay a fixed transaction fee per Hong Kong or U.S. stock, regardless of the monthly investment amount.

Stock Selections

Monthly Stock Savings Plan provides an extensive selection of stocks, including:

Hong Kong Market
Constituent stocks of:

  • Hang Seng Index (HSI)
  • Hang Seng China Enterprise Index (HSCEI)

U.S. Market
Constituent stocks of:

  • Dow Jones Industrial Average (DJIA)
  • NASDAQ Composite (NASDAQ)
  • Standard & Poor's 500 Index (S&P 500)

Exchange-traded Funds (ETFs)
Some of the selected ETFs in Hong Kong and U.S. Markets:

  • Hong Kong
    Tracker Fund of Hong Kong (02800), iShares FTSE A50 China Index ETF (02823), Hang Seng H-Share Index ETF (02828), Nikko AM Global Internet ETF (3072 / 9072) and NikkoAM E-Games Active ETF (3091 / 9091)
  • U.S.
    SPDR S&P 500 (SPY), Powershares QQQ Trust (QQQ), SPDR DJIA ETF Trust (DIA) and SPDR Gold Shares (GLD)

Personalized Monthly Stock Savings Plan
If you cannot find the stocks you want to invest from the above categories, please contact our Customer Service. We are pleased to help you in building a personalized portfolio of monthly stock savings.

Stock List for Saving Plan:
Monthly Investment Amount
Monthly Investment (For each stock) Hong Kong Stocks U.S. Stocks
Minimum Amount
Hong Kong Stocks
HKD 1,000 per month
U.S. Stocks
USD 150 per month
Additional Amount
Hong Kong Stocks
In the multiple of HKD 500
U.S. Stocks
In the multiple of USD 50
Maximum Amount
Hong Kong Stocks
HKD 20,000 per month
U.S. Stocks
USD 3,000 per month
How It Works
Payment Date1 5th of each month or the next business day.
Payment Method Deduct from your MONEX BOOM account
Purchase Date2 The 2nd stock trading day after Payment Date.
Share Purchase3 The net amount (i.e. monthly Investment Amount minus transaction fee) will be invested into your selected stock(s). The number of shares allocated will be rounded down to the nearest whole number and any surplus cash after the purchase will be refunded to your MONEX BOOM account.
Plan Adjustment or Termination4 Notice must be made to MONEX BOOM at least 3 business days before the next Payment Date.

Please refer to Terms & Conditions:
  1. Term #1 about "Payment".
  2. Term #2 about "Transaction".
  3. Term #3 about "Shares Purchase and Allocation".
  4. Term #4 about "Plan Adjustment or Termination".
Monthly Savings Plan Service Charges
Hong Kong Stocks U.S. Stocks
Fixed Transaction Fee* (regardless of investment amount)
Hong Kong Stocks

For each Hong Kong stock:

HKD 50 per month #

#
Inclusive of brokerage commission and all transaction related charges (Stamp Duty, Levy, Trading Fee and CCASS Fee)
U.S. Stocks

For each U.S. stock:

USD 8 per month
Custody Fee
Hong Kong Stocks
FREE
US Stocks
FREE
Plan Adjustment Handling Fee4
Hong Kong Stocks
FREE
U.S. Stocks
FREE
Plan Termination Handling Fee4
Hong Kong Stocks
FREE
U.S. Stocks
FREE

* The net amount after the Monthly Investment Amount minus Transaction Fee will be used for purchasing the relevant stock(s) selected by you. However, you will need to pay for the transaction fee(s) of the unprocessed purchase order(s) in the following situation:

  1. If the Investment Amount of the month could not been deducted from your MONEX BOOM account on the Payment Date, MONEX BOOM will not execute the purchase order(s) for that particular month, but the respective Fixed Transaction Fee will still be applied and deducted from your MONEX BOOM account.
  2. Once your application is accepted, you must complete at least three consecutive installments. If the Plan is terminated before that three installments are completed, either terminated by you or terminated by MONEX BOOM due to insufficient fund to cover the required Investment Amount for two consecutive months, MONEX BOOM will deduct the relevant Fixed Transaction Fee of the unprocessed purchase order(s) of that three installments from your MONEX BOOM account.

Please refer to Terms & Conditions:

  1. Term #4 about "Plan Adjustment or Termination".
Terms and Conditions

Monthly Stocks Savings Plan (the "Plan") – Terms and Conditions

  1. Payment
    1. The minimum monthly investment amount for each security will be such amount as specified by MONEX BOOM from time to time which shall be inclusive of the Fixed Transaction Fee ("Transaction Fee") payable under the Plan.
    2. The gross monthly investment amount for all securities, i.e. the Total Monthly Investment Amount ("Investment Amount"), will be deducted from your MONEX BOOM account on the 5th of each month ("Payment Date"). If such day is not a business day, Payment Date will fall on the next business day.
    3. You shall ensure that there is sufficient cash balance in your MONEX BOOM account to cover the required Investment Amount on the Payment Date. No monthly reminder will be sent to you before your account is deducted.
    4. If Investment Amount of the month could not been deducted from your MONEX BOOM account on the Payment Date, MONEX BOOM will not execute the purchase order(s) for that particular month, but the respective Transaction Fee will still be applied and deducted from your MONEX BOOM account.
    5. MONEX BOOM reserves the right from time to time to specify any other date as the Payment Date.
  2. Transaction
    1. For Hong Kong stocks, MONEX BOOM will purchase shares on behalf of all customers of the Plan on the 2nd Hong Kong stock trading day after the Payment Date ("Purchase Date").
    2. For US stocks, MONEX BOOM will purchase shares on behalf of all customers of the Plan on the 2nd US stock trading day after the Payment Date ("Purchase Date").
    3. If trading in your selected stock is suspended on any of the Purchase Date, the relevant Investment Amount deducted will be applied to purchase shares of the stock as soon as reasonably practicable once the suspension has been lifted. If the stock purchase cannot be executed due to suspension or market conditions for the following two weeks, MONEX BOOM will refund the full Investment Amount (including Transaction Fee) to your MONEX BOOM account by the end of the month.
  3. Shares Purchase and Allocation
    1. The average price for all shares purchased will be used.
    2. The net amount (i.e. Investment Amount minus Transaction Fee) will be used for purchasing the relevant stock selected by you.
    3. The number of shares to be allocated to you will be rounded down to the nearest whole number of shares.
    4. The purchased shares will be deposited into your MONEX BOOM account on the Purchase Date.
  4. Plan Adjustment or Termination
    1. Any adjustment of the Investment Amount or the selected stock(s) of the Plan or termination of the Plan, you are required to give written instruction to MONEX BOOM at least 3 business days before the next Payment Date.
    2. If MONEX BOOM is unable to deduct the required Investment Amount from your MONEX BOOM account for two consecutive months, MONEX BOOM will terminate the Plan without prior notice.
    3. Once your application is accepted, you must complete at least three consecutive installments. If the Plan is terminated before that three installments are completed, either terminated by you or terminated by MONEX BOOM due to insufficient fund to cover the required Investment Amount for two consecutive months, MONEX BOOM will deduct the relevant Transaction Fee of the unprocessed purchase order(s) of that three installments from your MONEX BOOM account.
    4. MONEX BOOM may terminate the Plan or the use of the Plan (as the case may be) at any time on the giving of not less than 3 business days prior notice to you.
    5. Any termination shall not affect the relevant rights and obligations of you and MONEX BOOM accrued prior to such termination
  5. Sales of Shares
    1. If you sell any shares in your MONEX BOOM account (including shares purchased from the Plan), regardless of whether the Plan is terminated, MONEX BOOM will impose the normal stock trading fees, including the brokerage commission at normal rate and other relevant charges, on the selling transactions.
    2. The number of shares purchased under the Plan is likely to be less than one board lot. Shares of less than one board lot are regarded as odd lot. Odd lots are normally sold at a discounted price compared to the prevailing market price for board lot.
  6. Risk Disclosure
    1. The prices of securities may fluctuate, sometimes dramatically. The price of securities may move up or down, and may become valueless. It is possible that losses will be incurred rather than profits made as a result of buying and selling securities.
    2. The Plan does not assure a profit, nor does it protect against loss in declining markets, or against a loss if you terminate the Plan when the value of your shares is less than the cost of the shares you purchased.
    3. MONEX BOOM is not acting as your investment adviser and where necessary, you shall seek your own independent professional advice before making any investment decision.
  7. Others
    1. MONEX BOOM reserves the right to reject or cancel your purchase order either in whole or in part without any prior notice or assigning any reason therefore.
    2. MONEX BOOM reserves the right to amend and/or withhold the terms and conditions of the above at its discretion.
    3. If there is inconsistency between the English version and the Chinese version, the English version shall prevail.
  1. Click here to download the Monthly Stock Savings Plan Application Form.
  2. Select stock(s), fill-in Total Amount of Monthly Investment and sign the forms.
    1. Arrange a regular transfer schedule to MONEX BOOM (e.g. setup a recurring transfer via online banking) on the 5th of each month for an amount equivalent to the Total Amount of Monthly Investment. OR
    2. Have a cash balance equivalent to at least three month's investment in your MONEX BOOM account when you apply for the saving plan.
  3. Return the signed forms, confirmation of the regular transfer and the bank statement showing both your full name and bank account you used for the regular transfer (if applicable) to us by fax at (852) 2255 8300 or email the scanned copy to service@boomhq.com.
  4. Once your application is accepted, you will receive a confirmation email from us. And the first investment will be deducted from your MONEX BOOM account on the next Payment Date.