Overview Of Futu Securities International (Hong Kong) Limited
Basic Information
Company Name: Futu Securities International (Hong Kong) Limited
Country/Region Of Registration: Hong Kong
Year Of Establishment: 2012
Regulatory Status: Suspected Clone
Minimum Deposit: Depending On Product Type
Trading Platforms: Futubull And Moomoo
Tradable Assets: Stocks, ETFs And Warrants, Options, Futures, Funds And Other Services
P >Demo Account: Provides
Customer Support: Phone, Email, Social Media, Offline Store And Online Chat
Deposits And Withdrawals: Supports Hong Kong Banking, Bank Securities Transfer, Offshore Banking
Educational Resources: Community And Investment Education
Company Profile
Futu Securities International (Hong Kong) Limited Was Established In 2012 And Is Headquartered In Hong Kong. The Company Operates In A "suspicious Clone" Status, I.e. Its Purported Regulatory Status (Hong Kong, China SFC License No.: AZT137) Is Considered Suspicious Or Unverified. Futu Securities Offers A Diverse Range Of Trading Products And Markets, Including Stocks, ETFs, Warrants, Options, Futures, Funds, And Other Services.
Trading Products And Markets
Futu Securities Offers Investors A Wealth Of Trading Options, Including The Following Tools And Markets:
Stocks
Offers Stock Trading In Major Global Markets, Covering Markets
ETFs
Offer A Variety Of Exchange Traded Funds, Allowing Investors To Diversify Their Assets.
Warrants
Offer The Right To Buy Or Sell The Underlying Asset, But Without Obligation.
Options
Allow Investors To Hedge Risk Or Speculate On Market Price Movements.
Futures
Offer Trading In Futures Contracts For Commodities, Currencies And Financial Indices.
Funds
Include Mutual Funds And Other Managed Portfolios, Managed By Professionals.
In Addition, Futu Securities Also Provides Other Services Such As IPO Subscription, Grey Market Trading, Margin Rates, Automatic Investment Plans For Hong Kong Stocks, Fund And Stock Transfers.
Advantages And Disadvantages
Advantages:
Rich Selection Of Trading Products And Markets To Meet The Diverse Needs Of Investors.
Comprehensive Customer Support Channels Including Phone, Email, Social Media, Offline Stores And Online Chat.
Dedicated Trading Platforms (Futubull And Moomoo) To Support Efficient Trade Execution.
Some Products Offer 0 Commission And 0 Platform Management Fee.
Disadvantages:
There Is A Problem With The Regulatory Status ("suspicious Clone"), Which May Affect Investors' Trust In The Platform.
Platform Specificity May Lead To The Trading Interface Not Being Intuitive Enough.
Account Opening Process
The Steps To Open An Account With Futu Securities Are As Follows:
Visit The Website
Open The Official Website Or App Of Futu Securities And Click The "Online Account Opening" Button.
Register An Account
Quickly Register Using Your Mobile Number Or Other Social Media.
Fill In Personal Information
Provide Details Such As Full Name, Date Of Birth, Address Of Residence, Email Address And Phone Number.
Create Login Credentials
Set A Secure Password And Choose An Account Identifier.
Verify And Confirm
Complete Email Or Mobile Verification, Enter The Link Or Code You Received To Confirm Registration.
After Completing Registration, You Can Authenticate And Fund Your Account To Start Trading.
Fees And Commissions
Futu Securities' Fee Structure Varies By Trading Product And Market:
Stocks, ETFs And Warrants
Hong Kong Stocks: 0 Hong Kong Dollars (subject To Terms And Conditions)
US Stocks: 0.0049 Dollars Per Share, Minimum 0.99 Dollars Per Transaction
Northbound Channel: 0.03% (minimum 3 Yuan Per Transaction)
Options
US Stocks/Index Options: Minimum 0.15 Dollars (minimum 1.99 Dollars Per Transaction)
Hong Kong Stocks Options: 0.2% (minimum Per Transaction) 3 Hong Kong Dollars)
Futures
Hong Kong Stock Futures: 2 Hong Kong Dollars (minimum Fee Per Side Of Contract Per Lot)
US Stock Futures: 1 Dollar (minimum Fee Per Side Of Contract Per Lot)
Funds
Money Market Funds, Bond Funds And Equity Funds: Free Subscription And Redemption.
Other Services
IPO Subscription And Grey Market: Ordinary Subscription Fee 50 Hong Kong Dollars, Financing Subscription Fee 100 Hong Kong Dollars.
Margin Rate: 6.8% APR On Hong Kong Stocks, 4.8% APR On US Stocks.
Automatic Investment Program On Hong Kong Stocks: Minimum 3 Hong Kong Dollars Per Order.
Deposit And Withdrawal
Bank Of Hong Kong
Cheque Transfer: The Time For Funds To Arrive Is Usually 1 Business Day After The Trading Day.
Transfer And Withdrawal: Free, The Arrival Time Is Before 18:00 On The Trading Day Or After 16:00 On The Next Trading Day.
Bank And Securities Transfer
Supported Currencies: HKD And USD
Arrival Time: 08:40 - 15:55 On The Trading Day Withdrawal, The Funds Will Arrive Within 5 Minutes.
Offshore Bank
Telegraphic Transfer Withdrawal: Through Bank Of China (Hong Kong), A Handling Fee Of HKD 300 Or USD 45 Will Be Charged For Each Withdrawal, And The Funds Will Arrive Within 1-2 Working Days.
Customer Support
Futu Securities Offers A Variety Of Customer Support Methods:
Phone Support
Phone Number: + 852 2523 3588
Email Support
Contact: BD@futuhk.com And Media@futuhk.com
Offline Store
Address: G/F, 96 Nathan Road, Tsim Sha Tsui, Kowloon (Tsim Sha Tsui MTR Station Exit B1)
Social Media Support
Facebook: Https://www.facebook.com/futuhk
Instagram: Https://www.instagram.com/futufriends/
WhatsApp: + 852 3001 5885
Live Chat
Support 24 Hours A Day On Trading Days, 09:30-21:30 On Non-trading Days.
Educational Resources
Futu Securities Helps Investors Enhance Their Knowledge And Skills Through Its Community And Educational Resources:
Community
Investors Can Share Insights And Learn From The Experiences Of Others In The Community.
Investment Education
Provides Comprehensive Educational Resources Covering Basic Investment Knowledge And Trading Techniques.
Conclusion
Futu Securities Offers A Wealth Of Trading Products And A Comprehensive Client Server, Making It A Viable Option For Investors. However, Its Regulatory Status And Platform Specificity May Be Potential Risks. Investors Are Advised To Conduct Adequate Due Diligence When Selecting A Platform.
