uSMART Securities Account Opening Guide in Singapore - No Proof of Funds Required

Publish: 2024-03-17 | Modify: 2024-09-05

Recently, I opened a uSMART Yingli Securities account in Singapore based on a friend's recommendation. After personal experience, I found that Yingli Securities has a low threshold for entry; there is no need for proof of existing investments, and you can easily open an account with just your ID card. Friends who are interested in stock trading might consider registering.

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Account Opening Preparation

  • ID card
  • Domestic phone number
  • Address proof
  • Singapore or Hong Kong bank account

If you don't have an overseas bank account yet, you can refer to the following articles:

Account Opening Rewards

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Deposit Retention for 30 Days Free Benefits

  1. Yingli New User Deposit Reward
  1. For example:
    Cumulative net deposit within 30 days (cumulative deposit - cumulative withdrawal) ≥ USD 2,000 (or equivalent currency)
  • New user deposit reward
  • 0.02 shares of Tesla stock
  • New user gift package (USD 14 cash coupon)
  • Cash voucher:
    30 USD x 6 = 180 USD

However, you need to maintain an average daily asset of ≥ USD 2,000, complete 3 US stock trades per month, and you will receive a 30 USD cash voucher each month for 6 months, totaling 6 vouchers and a total amount of 180 USD.

For investment users, this is very cost-effective; Yingli's fees are low, which means you can earn 30 USD every month.

Opening a uSMART Yingli Securities Account

It is recommended to open the account using the invitation link below on your mobile phone:

Account opening invitation link: https://m.usmartsg.com/promo/overseas/sg-register.html?langType=1&HCode=nyv6vq#/marketing-register, invitation code: nyv6vq

Click "Register Now," select the country "+86," then enter your domestic phone number, input the verification code and password to register.

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Continue by clicking "Open Account"

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Select "Personal Account" as the account type

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Select "Other Nationality" for nationality

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Fill in your ID card information, then continue.

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Fill in "Occupation and Tax Information" truthfully

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Upload your ID card as prompted.

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Provide proof of address; if you check "Residential address is the same as document address," you do not need to provide additional address proof. If the residential address and document address are different, you can use a bank statement as address proof (e.g., a Bank of China credit card statement).

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Continue filling in "Financial Background" information.

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Agree to the "Risk Disclosure"

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Fill in signature information.

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Select "Smart Account" as the account type

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Then submit the information and wait for review, which usually takes 1-4 business days.

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Deposit

After your account is approved, click "Trade - Deposit" and follow the page instructions to complete the deposit operation. Hong Kong bank accounts support FPS, and Singapore bank accounts support PayNow. There are quite a few ways to deposit, and if you encounter difficulties, you can also contact customer service for assistance.

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Claiming the New User Gift Package

Users who register using the invitation code should remember to claim the account opening rewards in "My - Reward Center" after successfully opening the account.

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Conclusion

This is the uSMART Yingli Securities account opening tutorial. Yingli Securities has a low threshold for account opening, requires no proof of existing investments, and account review usually takes 1-4 business days. Deposits support various methods such as Hong Kong FPS and Singapore PayNow, and also support WISE deposits; overall, the deposit process is quite convenient. Finally, remember to claim your account opening rewards in "My - Reward Center" after successfully opening the account. If you encounter any issues during the account opening process, you can join the TG group for communication: https://t.me/usecardone.

uSMART Yingli Securities account opening invitation link: https://m.usmartsg.com/promo/overseas/sg-register.html?langType=1&HCode=nyv6vq#/marketing-register, invitation code: nyv6vq


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