Open a Simplii Financial Account in Hong Kong
Simplii Financial money services — used in Hong Kong, Hong Kong
*Affiliate disclosure: We may earn a commission if you open an account via our link, at no extra cost to you.
Quick Facts
Using Simplii Financial in Hong Kong
Simplii Financial is accessible to forex and CFD traders in Hong Kong and Hong Kong. You can open an account fully online with identity verification completed in minutes.
Traders in Hong Kong use Simplii Financial for access to forex pairs, indices, commodities, and crypto CFDs with competitive spreads and a choice of trading platforms.
As a regulated broker, Simplii Financial accepts clients from Hong Kong subject to local financial regulations. Leverage limits and product availability may vary by jurisdiction.
Is Simplii Financial available in Hong Kong?
Simplii Financial accepts clients from many countries including Hong Kong. Traders in Hong Kong can open an account online. Note that leverage limits and product availability differ by jurisdiction due to local financial regulation (e.g., ESMA rules in the EU, ASIC rules in Australia).
What is Simplii Financial?
Simplii Financial is the digital banking arm of CIBC, one of Canada's Big Five banks. Launched in 2017, Simplii offers Canadians a no-fee chequing account, a competitive Cash Back Visa Card, USD savings accounts, and a powerful Global Money Transfer service. Transfers reach 130+ countries with no transfer fees and great exchange rates — you can send up to $75,000 and use digital wallets including GCash and Maya (Philippines), WeChat Pay and Alipay (China), bKash (Bangladesh), and M-Pesa (Kenya). Simplii is also a leading choice for newcomers to Canada through its New to Canada Banking Program, which helps recent immigrants open an account quickly and access financial services. The referral programme rewards both parties: refer a friend who opens an eligible account using your link and you earn $125 — they get a $50 welcome bonus and access to the no-fee chequing account.
Key Features of Simplii Financial
$125 + $50 Referral Reward
Refer a friend using your link: they open an eligible Simplii account, you earn $125. They get a $50 welcome bonus plus access to the No-Fee Chequing Account. Backed by CIBC.
No-Fee Chequing Account
A full-featured Canadian chequing account with no monthly fee, unlimited debit transactions, and free Interac e-Transfer. Perfect for everyday Canadian banking.
Global Money Transfer
Send money to 130+ countries with no transfer fees and competitive exchange rates. Send up to $75,000 per transaction. No currency conversion fee when sending to the US.
Digital Wallet Transfers
Send directly to GCash and Maya (Philippines), WeChat Pay and Alipay (China), bKash (Bangladesh), and M-Pesa (Kenya) — without needing a bank account on the receiving end.
Cash Back Visa Card
Earn cash back on everyday purchases. Pay for Global Money Transfers with your Cash Back Visa Card and pay no transfer fees — just pay your balance by the due date.
New to Canada Banking Program
Dedicated banking programme for newcomers and recent immigrants to Canada. Open an account quickly, access no-fee chequing, and get support for your first transfer home.
Simplii Financial Pros & Cons
Advantages
- $125 referral bonus when your friend opens an eligible account
- Friend earns $50 welcome bonus
- No-fee chequing — no monthly bank charges
- Global transfers to 130+ countries with no transfer fees
- Digital wallet support: M-Pesa, bKash, GCash, WeChat Pay, Alipay
- Backed by CIBC — one of Canada's Big Five banks
- Dedicated New to Canada Banking Program for newcomers
- CDIC insured deposits
Disadvantages
- Canada only — not available outside Canada
- No physical branch network (digital only)
- Limited investment products compared to full CIBC accounts
Who is Simplii Financial Best For?
Ready to get started with Simplii Financial?Available in Hong Kong
Open your account today and take advantage of everything Simplii Financial has to offer.
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Frequently Asked Questions About Simplii Financialin Hong Kong
Is Simplii Financial safe?
Simplii Financial is a regulated financial services provider. Digital Bank Networks only features regulated, vetted affiliates. Always review the provider's terms, fees, and regulatory status before transferring funds. CFD and forex trading carries risk — please read all risk disclosures before trading.
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Affiliate Disclosure: Digital Bank Networks is a comparison and review platform. Some links on this page are affiliate links — if you open an account through them, we may earn a commission at no additional cost to you. Our editorial opinions are independent and not influenced by affiliate relationships. Reviews are based on publicly available information and user feedback.
Risk Warning: Trading forex and CFDs involves significant risk of loss and may not be suitable for all investors. Past performance is not indicative of future results. Please ensure you fully understand the risks involved before investing.