Score
Futu
Hong Kong|10-15 years| https://www.futu5.com/en
Website
Rating Index
Influence
Influence
C
Influence index NO.1
United States 3.02Contact
Licenses
Licensed Institution：Futu Securities International (Hong Kong) Limited
License No.：AZT137
Basic information
Hong Kong
10-15 years Regulated in Hong Kong Dealing in futures contracts & Leveraged foreign exchange trading Suspicious Scope of Business Medium potential riskUsers who viewed Futu also viewed..
MultiBank Group
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
GO MARKETS
- Above 20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
GTCFX
- 10-15 years |
- Regulated in United Kingdom |
- Straight Through Processing(STP) |
- MT4 Full License
XM
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
Sources
Language
Mkt. Analysis
Creatives
WikiResearchWebsite
Most visited countries/areas
Hong Kong
China
futu5.com
Server Location
Hong Kong
Most visited countries/areas
Website Domain Name
futu5.com
ICP registration
京ICP备14052810号-6
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
0001-01-01
Server IP
119.28.35.207
Genealogy
VIP is not activated.Company Summary
BASIC INFORMATION
Futu is a recognized fintech unicorn and one of Asias top-ranking online brokers. It provides a fully digital service and advanced wealth management options to clients residing in China. Futu Securities International (Hong Kong) Limited is a technology corporation, running a fully digitized brokerage with a secure trading platform. Founded in 2012, the financial company has developed leading investment services.
REGULATORY INFROMATION: LICENSE
Futu Securities International is registered by Hong Kongs Securities and Futures Commission (SFC), CE number AZT137.
MARKETS
Futu offers clients worldwide investing and trading opportunities from Hong Kong, mainland China, and US markets in the following securities:
· IPOs
· ETFs
· Stocks
· CBBCs
· iBonds
· Options
· Warrants
COMMISSIONS
Futus fee structure offers zero-commission trading periods on US and Hong Kong stocks and shares. Below is a full breakdown of standard commission charges.
· US Stocks: 0.0049 USD per share
· US Options: 0.65 USD per contract
· US Futures: 2 USD per contract per side
· IPO Subscriptions (Cash): 50 HKD per order
· Chinese Stocks: 0.03% x transaction amount, minimum 3.00 CNH per order
· Hong Kong Stocks: 0.04% x transaction amount, minimum 3.00 HKD per order
· Hong Kong Options: 0.2% x transaction amount, minimum 3.00 HKD per order
· IPO Subscriptions (Futu Financing): the annual interest rate of HK stock margin (ave. 6.8% per year)
The annual margin rate for financing is a flat rate of 6.8% for Hong Kong stocks, 4.8% for US stocks and 8.8% for China A-shares. This is comparable to Moomoo and Webull rates, though less competitive than many other brokers both inside and outside of China.
Futu brokerage fees can be either fixed, at a flat rate of 15 HKD per order, or tiered, with the price falling from 30 HKD per order with increasing trading volume.
Clients may also incur other charges, including regulatory fees, exchange settlements, trading activity costs and stamp duty.
LEVERAGE
Leverage is available to all of Futus retail clients, though only with a minimum account value of $2,500. Leverage is capped at 1:2 for long positions and 1:1.67 for short positions.
ACCOUNT TYPES
There are four different types of Futu accounts, each geared for different trading preferences:
· Fund Account
· US Margin Account
· Hong Kong Margin Account
· Northbound Margin Account
PAYMENT METHODS
Deposits
Futu only accepts bank transfers as a funding method, with cash, e-wallet and joint account transfers not supported. There are no broker deposit fees, though third-party payment charges may apply. While processing times vary by bank, Futu aims to approve fund settlements within one working day. ICBC (Asia) accounts are recommended as the fastest deposit processing method.
Futu has an initial minimum deposit requirement of 10,000 HKD/1,500 USD.
Withdrawals
Futu Securities International does not charge a withdrawal fee. Clients must withdraw to an account matching the trading account owner and can be done either through cheque or bank transfer. The capital to be withdrawn must first be settled with the exchange, which can take two business days for Hong Kong and US stocks.
Processing times vary with third-party bank timings, although the broker will action the request in the same business day if received before 15:00 HKT. Withdrawals can be requested through the Futubull app
TRADING PLATFORMS
The broker only offers a proprietary digital platform terminal, Futubull, which is free for download to desktop devices running on Windows and Mac.
ACCEPTED COUNTRIES
Futu only accepts traders from China, Hong Kong
TRADING HOURS
Futu follows standard local office hours but supports trading 24-hours a day between Monday and Friday. However, different instruments may have specific opening and closing times, often dependent on their respective exchanges trading hours.
CUSTOMER SUPPORT
Futu brokerages customer service team can be contacted via the email address, phone number or postal address below. No live chat option is available, meaning clients cannot get immediate answers to their questions.
· Email: BD@futunn.com
· Telephone: (+852) 2523 3588
· Address: Unit C1-2, 13F, United Centre, No.95 Queensway, Admiralty, HK
Keywords
- 10-15 years
- Regulated in Hong Kong
- Dealing in futures contracts & Leveraged foreign exchange trading
- Suspicious Scope of Business
- Medium potential risk
Review 4
Content you want to comment
Please enter...
Review 4
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
向阳47206
Hong Kong
The withdrawal is yet to be received. I am told to wait by the customer service!
Exposure
2020-04-02
薇11六1四3零2七1
Hong Kong
In this early October,when I was browsing the news,a stranger added me.Self-proclaimed as a salesman,he pulled me into a group,in which there were teachers who taught lessons.Following them,I bought some shares and made some profits!One day,the teacher recommend Futu ,saying that the stock market was not optimistic and he was trading gold and precious metal in it.After the day,many members followed him and made profits,sending the screenshots in the group.Without resisting the temptation,I deposited 100000 in Futu and followed the teacher’s operation.Having earned a little,I trusted him more.After a few days,he asked me to prepare fund,saying that there would be a cocking market.So,I added my fund to 500000 RMB!After so that,he told me to leave the group to operate better.But I began making constant losses and lost all fund in middle October!When I argued with teacher, he blamed it on my fund and continued to ask me to add fund.After refusing his proposal,he deliberately treated me in a frivolous way.At that time,I realized that I have been cheated!
Exposure
2019-11-04
Wymans
United Kingdom
he trader provides a diverse range of trading products. However, it is crucial to be aware that the products offered in the US market differ from those in the Chinese market. Moreover, the trader is regulated by the SFC and can conduct transactions with confidence.
Positive
07-04
FX1390406838
Taiwan
As a regulated securities company, I feel confident in the safety and security of my investments. The user interface is clean and intuitive, making it easy to navigate and execute trades. Plus, their customer service team is always responsive and helpful whenever I have a question or concern. Overall, I highly recommend Futu5 to anyone looking for a reliable and user-friendly platform for their investing needs.
Positive
2023-03-24