Getting Started

Victory Securities' getting started guide gives new clients a clear path through the trading platform and investment services. It covers account opening, account setup, deposits and withdrawals, Hong Kong and U.S. stock trading, virtual asset services, and common platform operations. Browse by category to understand each step, key requirements, important reminders, and what to expect next as you build a secure, compliant, and efficient investing experience. As the first licensed financial group in Hong Kong authorized by the SFC for both virtual asset trading and advisory services, we are committed to providing clear, beginner-friendly tutorials to help new investors get started with securities and cryptocurrency trading from scratch.

Beginner's Guide

Money Market Funds (MMF)

What is a Money Market Fund? A Money Market Fund (MMF) is an open-ended mutual fund that invests in high-quality, short-term debt instruments and liquid cash equivalents. These include Treasury bills, short-term government bonds, commercial paper, and Certificates of Deposit (CDs).
The primary objective of an MMF is to offer capital preservation, high liquidity, and low volatility, serving as an efficient vehicle for investors to "park" idle cash while seeking professional management.
Key Characteristics:
- Low Risk Profile: Investments are concentrated in high-credit-rating, short-duration instruments.
- Price Stability: The Net Asset Value (NAV) is designed to remain stable with minimal fluctuations.
- High Liquidity: Features streamlined redemption processes (typically T+1 or T+2 settlement).
- Yield Sensitivity: Returns are closely correlated with prevailing short-term market interest rates.

Who should invest in Money Market Funds? MMFs are ideally suited for:
- Investors seeking a short-term haven for surplus liquidity.
- Conservative portfolios requiring low-volatility assets.
- Individuals looking for enhanced yield potential compared to traditional savings accounts.
- Strategic investors aiming to optimize portfolio liquidity.

MMF Subscription & Redemption Process You can subscribe to Money Market Funds via the VictoryX App by navigating to "Market" → "Wealth Management." * Order Cut-off Time: 10:30 AM (HKT) on any trading day. Instructions submitted after this time will be processed on the following business day.
- Minimum Investment: Starting from HKD 10,000 or USD 1,300.
- Personalized Service: You may also contact us at (+852) 2525-2437 during business hours to place your order.

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