HSC Account Type

HSC offers various types of brokerage accounts tailored to different investor needs. These include:

• Individual Brokerage Account: This account is owned by a single individual and allows for the buying and selling of securities such as stocks, ETFs, and mutual funds.
• Joint Brokerage Account: Shared by two or more individuals, this account is commonly used by spouses or family members looking to pool their investments.
• Foreign Retail Investor Account: Designed for foreign individual investors, this account requires specific documentation and processes to comply with local regulations.

HSC Broker Account Opening Process

Opening a brokerage account with HSC is a straightforward process that can be completed online. Here are the steps involved:

• Prepare Required Documents:
• Valid ID card or citizen ID card (minimum validity of 6 months).
• For foreign investors: passport and notarized copies as per requirements.
• Online Registration:
• Visit the HSC account registration page.
• Fill in the required information, including your mobile number and email address.
• An OTP code will be sent to your registered phone number for verification.
• Activate Transaction Features:
• After completing the online form, you need to activate the transaction feature.
• A minimum deposit of 10 million VND is required to activate transactions.
• Complete Account Opening Documents:
• After activating your account, you have 10 days to complete the necessary documents at HSC's office or via postal service.
• Funding Your Account:
• HSC is connected to various banks for easy fund transfers. Ensure to fill in deposit details accurately to avoid issues.

By following these steps, you can efficiently set up your HSC brokerage account and start trading.