Futu Account Type

Futu offers several types of accounts tailored to different trading preferences:

1. Fund Account: This account is primarily for trading mutual funds and other investment products.
2. US Margin Account: Designed for trading US stocks with the option to use margin financing.
3. Hong Kong Margin Account: Similar to the US Margin Account but focused on trading Hong Kong stocks.
4. Northbound Margin Account: This account allows trading in mainland China stocks via the Stock Connect program.

Each account type provides unique features suitable for various trading strategies and investment goals.

Futu Broker Account Opening Process

To open an account with Futu, follow these steps:

1. Visit the Futu Website: Go to the official Futu website.
2. Create an Account: Click on the "Sign Up" button to begin the registration process.
3. Provide Personal Information: Fill out the registration form with your full name, contact information, date of birth, and nationality.
4. Complete the Application Form: Provide additional details such as employment status, financial information, investment experience, and risk tolerance.
5. Verification Process: Submit supporting documents, including proof of address and identification, to complete the verification.
6. Funding Your Account: After your account is approved, deposit funds into your Futu account to start trading. The minimum deposit required is HKD 10,000 or USD 1,500.

These steps will guide you through the process of opening an account with Futu, enabling you to access various trading opportunities.