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The current stock trading software market is no longer dominated by a single player.
In the latest evaluation reports, Sina Finance, Tonghuashun, and East Money are often mentioned as forming a “tripod” pattern.
Many investors therefore believe choices are limited. In fact, to find the most “handy” investment weapon, you need to look further. This is the key step to upgrading from beginner to “veteran” investor tools.

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If you mainly trade in the mainland China market, East Money and Tonghuashun are two choices you cannot avoid. They have successfully established firm positions in a market full of giants with their distinct characteristics.
East Money’s core advantage lies in its massive user community and comprehensive financial information. You can think of it as a financial version of an “information square.”
Its “Guba” community has extremely high activity. You can see various investors’ views on the market here and quickly understand market sentiment.
Tonghuashun is more like a professional “technical analysis workstation.” It provides powerful tools for investors proficient in technical indicators.
So, compared to the familiar Sina Finance, where are the advantages of these platforms? Simply put, Sina Finance is strong in media attributes, providing extensive financial news. While East Money and Tonghuashun focus more on providing one-stop “data + trading” closed-loop services.
They have obvious differences in data acquisition and display methods:
| Platform Name | Data Acquisition and Display Features |
|---|---|
| Sina Finance | Supports A-shares, US stocks, Hong Kong stocks, but you may need to parse text data yourself |
| East Money/Tonghuashun | Client or app can directly view real-time prices and comprehensive data |
Therefore, the key to choice lies in your core needs. If you need a platform deeply integrating quotes, trading, and analysis tools, East Money and Tonghuashun will be more efficient choices than Sina Finance.

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When your investment vision expands from the mainland China market to global, a powerful and smooth overseas market trading app becomes essential. Moomoo and Tiger Brokers are two popular choices in this field, both providing convenient bridges to Hong Kong and US stock markets for investors.
If you pursue a silky trading experience and excellent product design, Moomoo is the first choice. It makes complex global markets as simple as operating a phone.
Over 98% quarterly retention rate proves the success of its product design. Users not only come but stay.
Moomoo’s advantages are reflected in multiple aspects:
This user-centered design supports its astonishing trading volume, proving the strength and reliability of its technical architecture.
Tiger Brokers is also a fully featured broker app, particularly attractive in US IPOs and financial derivatives trading. If you want to participate in more diversified investment strategies, Tiger Brokers provides rich tools.
You can trade a very wide range of products, including:
This opens the door for you to execute more complex trading strategies like hedging and arbitrage.
So, between Moomoo and Tiger, how should you choose? Besides feature focus, trading costs are also an important consideration. Let’s directly look at their fee structures for US stock trading.
| Dimension | Moomoo | Tiger Brokers |
|---|---|---|
| US Stock Commission (per share) | About $0.013 | $0.012 |
| US Stock Minimum Trade Fee | $2.99 per order | $2.99 per order |
| Platform Fee (per share) | $0.0049 | $0.0039 |
| Platform Fee (minimum) | $0.99 | $0.99 |
From the data, you can see the fee differences between the two are very subtle. Therefore, your choice should be more based on personal preference: whether leaning toward Moomoo’s ultimate smooth comprehensive experience or valuing Tiger Brokers’ diversity in derivatives trading.
Important Reminder: Before investing in overseas markets, you need to open an offshore bank account (such as a licensed Hong Kong bank account) for fund inflows and outflows, and ensure all operations comply with relevant regulatory requirements to protect fund safety.
For true “veteran” players, trading is just the last link in investing. Before that, in-depth research and analysis are the core of decisions. If you want to dig into a company’s intrinsic value rather than follow the crowd, the following professional research tools will be your powerful assistants.
Xueqiu is more like a high-quality investment “club.” It gathers a large number of value investors and industry experts. You can follow investment experts you recognize, read their in-depth analyses of companies and markets, and even view their public portfolios. Its greatest value lies in helping you understand a company from a professional perspective, not just looking at K-line charts.
On Xueqiu, you can not only find data but also ideas for interpreting data.
Investing cannot just look at companies; you also need to look at the macro environment. Investing.com is a powerful global macro data center. Almost all key economic data you need can be found here.
This app helps you build a top-down analysis framework, understanding how global economic cycles affect your investments.
If you mainly invest in US stocks, Seeking Alpha is an essential in-depth research tool. It is a platform contributed by tens of thousands of analysts and investors, providing massive in-depth individual stock analysis reports. Much content is unavailable on free channels.
Seeking Alpha Premium subscription provides more powerful features to help you make more professional investment decisions.
- Core Features: Unlimited access to expert content, obtain quantitative ratings quantitative ratings, use stock screeners, and even view full earnings call transcripts.
- Subscription Fee: Annual subscription fee is $299, usually also offering a $4.95 first-month trial.
For serious US stock investors, this investment can exchange for high-quality decision information, often worth the money.
No single app can cover everything. The most effective strategy is “portfolio configuration” based on your investment needs. Is your need staying at Sina Finance’s information level, or do you need more professional tools?
Before choosing, you can ask yourself a few core questions:
- Main Battlefield: A-shares or Hong Kong/US stocks?
- Methodology: Technical analysis or fundamental research?
- High-Frequency Needs: Monitoring and trading or in-depth research?
Surpassing Sina Finance’s single perspective and actively exploring is the way to find the investment tool combination that best suits you. Good use of tools leads to victory from afar.
You do not need to download all. The best strategy is combination use. For example, you can use Tonghuashun for A-share trading while using Xueqiu for in-depth research. Based on your investment needs, choosing 2-3 core apps is sufficient.
Some broker apps provide this function, but the experience may not be as good as apps focused on specific markets. Veteran investors usually use separately: one main for mainland China market trading, another focused on global markets, to obtain the best trading speed and feature depth.
For entry-level and regular trading, free app features are sufficient. But if you need professional depth data, quantitative models, or exclusive analysis reports, paid tools are worthwhile investments. They can help you make higher-quality decisions.
Core Point: The key is choosing brokers with legitimate licenses and operating funds through compliant offshore bank accounts (such as licensed Hong Kong bank accounts). This maximizes asset safety and complies with relevant regulatory requirements.
*This article is provided for general information purposes and does not constitute legal, tax or other professional advice from BiyaPay or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or warranties, express or implied, as to the accuracy, completeness or timeliness of the contents of this publication.



