• The security of your funds is our priority. Snowball X is operated by SNB Finance Holding Ltd, a registered financial service provider in New Zealand. The execution brokers that we employ are the top peers and the most trustworthy in the industry.

• You will be able to trade a variety of financial securities on multi-global markets with just one account, at low commissions and that means, higher return to you.

• The app is user-friendly and provides all the options you need for convenient trading.

Although we provide the latest information and opinions from leading investors; we do not provide financial advice and encourage our investors to fully research their stocks.

Yes, and this is one of the reasons why we provide services online. Clients from different countries use our platform. However, there are a few restrictions on this including people who are tax residents of the United States. We encourage investors to contact us if they are living overseas and want to use our services.

Snowball X is also a member of Snowball Group（“雪球集团”, Snowball). Snowball Group's investment and communication platform xueqiu.com is a leading investment social network and online trading platform in China with over 35 million users. It provides investors with cross-market and cross-species data information, news, and interactive communication services. These services cover China A shares, Hong Kong, and U.S. stock market.

Incorporated in 2010, Snowball has raised more than US$170 million in four investment rounds since 2014 including US$120 million from Alibaba subsidiary, Ant Financial.

With one account, Snowball clients can buy and sell securities in some of the world’s largest companies. We are one of the first firms in New Zealand to provide Kiwis with access to such a wide range of securities markets overseas. The most popular markets for our current clients are the SEHK, the NYSE and NASDAQ along with China A-shares - shares of mainland China-based companies that trade on the two Chinese stock exchanges, the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

To gain exposure to some of the world’s largest companies, achieve investment diversification benefits and take advantage of fluctuating currency exchange rates.

A portfolio that includes equities listed on the NYSE, NASDAQ, the SEHK and other share markets can provide diversification benefits because the factors that drive the markets in the United States, Hong Kong and elsewhere at any given time are different to those that prevail at home. For this reason, spreading risk across different markets can help to produce higher risk-adjusted returns.

Also, there are benefits to investors when exchange rates work in your favour. Currency risk, known as exchange-rate risk, arises from the change in price of one currency in relation to another.

Snowball X doesn’t hold the shares bought by clients and clients’ money is kept in trust accounts which are regulated by the US Securities and Exchange Commission. The role of the SEC is to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. The SEC strives to promote a market environment that is worthy of the public's trust.

Client funds are held in the name of the client in the Trust Account held by Interactive Brokers and/or an NZ bank. Snowball Custodial partner is the largest electronic brokerage firm in the United States by daily average revenue trades. As a registered US broker and custodian, Interactive Brokers operates under the rules and regulations of the Securities Exchange Act and the requirements of the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). SBX is responsible to clients for the custodial services provided by Interactive Brokers.