Search
FUTU Forex broker specializes in providing foreign exchange trading services, the company's official website https://passport.fut..., the company's legitimate regulatory information Hong KongSFCMarket Making License (MM) to enhance the security of the company's address 34/F, United Centre, 95 Queensway, Admiralty, HK

FUTU Forex Broker

Regulated
FUTU

Rating Index

This rating is sourced from logo

Company profile

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
How to login to FUTU?

FUTU Similar Brokers

Latest Reviews

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
Futu Securities International (Hong Kong) Limited
Abbreviation
FUTU
Company employee
--
Customer Service Email Address
pr@futunn.com
Contact Number
+85225233588
Company Address
34/F, United Centre, 95 Queensway, Admiralty, HK
How to login to FUTU?
Futu Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Futu Account Registering for a futu account is a straightforward process that allows you to access various trading services. Follow the steps below to complete your futu registration successfully. Step 1: Accessing the Registration Page To begin, visit the official futu website or download the futu app from your device's app store. Look for the “Sign Up” or “Register” button prominently displayed on the homepage. Click on it to proceed to the registration page. Step 2: Filling in Required Information On the registration form, you will need to provide essential personal information. This typically includes: Full name Date of birth Residential address Email address or phone number Nationality Make sure to fill in all fields accurately to avoid any issues later in the process. Step 3: Email/Phone Verification After submitting your information, futu will send a verification link to your email or a code to your phone. Check your inbox or SMS for this verification and follow the instructions to confirm your email or phone number. Step 4: Identity Verification (if required) In some cases, especially for users in specific regions or those looking to trade higher volumes, futu may require additional identity verification. This can often be done by uploading a photo of your ID card and a proof of address document. Ensure that these documents are clear and up-to-date. Step 5: Registration Confirmation Once you have completed the verification process, you will receive a confirmation email or message on the app indicating that your registration was successful. Common Registration Issues and Solutions Verification Code Not Received: If you do not receive the verification code, check your phone number or email for typos. Ensure that your device has a stable internet connection. Identity Verification Delays: If your identity verification takes longer than expected, contact futu's customer support for assistance. Regional Differences in Registration Futu's registration process may vary slightly depending on your location. For instance, users in Hong Kong might need to provide a Hong Kong ID card, while international users may need to submit a passport. Always refer to the specific requirements based on your region. Part Two: Futu Account Opening Detailed Guide Explanation of Differences Between Registration and Account Opening While registration is the initial step to create a futu account, the account opening process involves setting up the account for trading. This includes selecting account types and submitting the necessary documents. Preparation Work Before Account Opening Before starting the account opening process, ensure that you have the following: A valid identification document (e.g., ID card or passport) Proof of address (utility bill, bank statement, etc.) A bank account for funding your trading account Detailed Account Opening Steps Step 1: Selecting Account Type After completing your registration, log in to your futu account and navigate to the account opening section. Here, you will need to choose the type of account you wish to open (e.g., cash account, margin account, etc.). Each account type has different features and requirements. Step 2: Submitting Required Documents Prepare to upload the necessary documents for verification. This typically includes: A copy of your identification document Proof of address Any additional documents required based on your selected account type Step 3: Account Review Process Once you submit your application and documents, futu will review them. This process can take anywhere from a few hours to a couple of days, depending on the volume of applications. Step 4: Account Activation Upon successful review, you will receive a notification that your account is activated. You can now fund your account and start trading. Step 5: Initial Setup After activation, log in to your futu account and set up your trading preferences. This may include selecting your preferred trading platform (futubull or moomoo) and any additional features you wish to enable. Frequently Asked Questions About Account Opening How long does the account opening process take? Typically, it takes 1-3 business days for your account to be reviewed and activated. What should I do if my account opening is delayed? Contact futus customer support for updates on your application status. Next Steps After Opening an Account Once your account is opened, you can fund it through various methods, including bank transfers and online payment systems. Make sure to familiarize yourself with the trading platform and explore the educational resources available to enhance your trading skills. Part Three: Futu Login Process Explained Basic Web Login Process Step 1: Visit the Futu Website Go to the official futu website. Look for the “Login” button, usually located at the top right corner of the homepage. Step 2: Enter Your Credentials Input your registered email or phone number and your password. Ensure that your credentials are entered correctly to avoid login issues. Step 3: Two-Factor Authentication (if enabled) If you have set up two-factor authentication, you will need to enter the code sent to your registered device. This adds an extra layer of security to your account. Step 4: Click on the Login Button Once you have entered all required information, click on the “Login” button to access your account. Step 5: Dashboard Access After logging in, you will be directed to your account dashboard, where you can manage your investments and trading activities. Mobile App Login Process To log in via the futu mobile app, open the app and follow similar steps: Tap on the login option. Enter your email/phone number and password. Complete any required authentication steps. Access your account dashboard. Other Login Methods Futu may also support third-party login options or Single Sign-On (SSO) for users who prefer these methods. Check the website or app for available options. Common Login Issues and Solutions Forgotten Password: Click on the “Forgot Password?” link on the login page and follow the instructions to reset your password. Account Lockout: If you enter the wrong password multiple times, your account may get locked. Wait for the specified time (usually 3 hours) or contact customer support for assistance. Technical Issues: Ensure that your internet connection is stable. If the problem persists, try clearing your browser cache or reinstalling the app. Overview of Features After Login Once logged in, you can access various features, including real-time market data, trading tools, educational resources, and community forums to interact with other investors. Additional Sections Account Security Recommendations To ensure the security of your futu account, consider the following best practices: Use a strong, unique password that combines letters, numbers, and symbols. Enable two-factor authentication for added security. Regularly monitor your account activity for any unauthorized transactions. Best Practices for Account Management Keep your contact information updated to receive important notifications. Regularly review your investment strategy and adjust your portfolio as needed. Take advantage of futu's educational resources to enhance your trading knowledge. How to Get Technical Support If you encounter issues or have questions, futu offers several support channels: Phone Support: Contact futus customer service during business hours. Email Support: Reach out via the official support email for inquiries. Online Chat: Use the online chat feature available on the futu website for immediate assistance. By following this comprehensive guide, you can successfully navigate the futu registration, account opening, and login processes, ensuring a smooth start to your investment journey.

Futu Forex Broker - Complete Information Guide

1. Broker Overview

Futu Holdings Limited, commonly referred to as Futu, is a prominent fintech company that was established in 2012. The company is headquartered in Hong Kong, with significant operations in the United States and other international markets. As a publicly traded entity listed on the NASDAQ, Futu has garnered a reputation as a leading online brokerage firm, primarily serving the emerging affluent population in Asia, particularly in China.

Futu's development has been marked by several significant milestones, including its IPO on NASDAQ in 2019, which provided it with further capital to expand its services. The company has successfully attracted over 15 million users, supported by a workforce of approximately 1,315 employees. Futu's business model revolves around providing a fully digital trading platform that enables clients to trade various financial instruments, including stocks, options, and ETFs, with a focus on accessibility and user experience.

The company operates through its proprietary platforms, Futubull and Moomoo, which are designed to facilitate seamless trading experiences for both retail and institutional clients. Futu's approach combines technology with social media tools to create a community-driven investment platform, allowing users to share insights and investment strategies.

2. Regulatory and Compliance Information

Futu is regulated by the Securities and Futures Commission (SFC) of Hong Kong, under license number AZT 137. This regulatory oversight ensures that Futu adheres to stringent compliance standards, safeguarding investor interests and promoting transparency in its operations. The SFC's regulations cover various aspects of Futu's business, including trade execution, margin financing, and customer fund protection.

Futu has established multiple legal entities across different regions to comply with local regulations, ensuring that its operations are legally sound. Client funds are held in segregated accounts, providing an additional layer of security to investors. In terms of investor protection, Futu participates in the Investor Compensation Fund, which offers financial protection to clients in the event of broker default.

To meet regulatory requirements, Futu implements rigorous Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. These protocols involve verifying the identities of clients and monitoring transactions to prevent illicit activities, thereby enhancing the overall security of the trading environment.

3. Trading Products and Services

Futu offers a diverse range of trading products, catering to various investment strategies. The platform provides access to a wide array of forex currency pairs, including major, minor, and exotic currencies. Additionally, Futu facilitates trading in CFDs (Contracts for Difference) across multiple asset classes, including indices, commodities, stocks, and options.

While Futu does not currently support direct cryptocurrency trading, it allows trading in cryptocurrency futures, such as Bitcoin futures. The platform is continually updated to reflect market trends and introduce new products, ensuring that clients have access to the latest investment opportunities.

Futu's retail trading services are complemented by features designed for institutional clients, including customized trading solutions and white-label services. The firm also offers asset management services, allowing investors to manage their portfolios effectively through its platforms.

4. Trading Platforms and Technology

Futu operates its proprietary trading platforms, Futubull and Moomoo, which are tailored to meet the needs of both novice and experienced traders. The platforms do not support MetaTrader 4 or MetaTrader 5, but they provide a comprehensive suite of trading tools and features designed for efficient trading.

The Futubull platform is accessible via desktop for both Windows and Mac operating systems, and it offers a web-based interface compatible with all major browsers. The platform's mobile application is available for both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go.

Futu employs advanced technology infrastructure to ensure fast trade execution and reliable performance. The trading environment is designed to support various order types, including market, limit, and stop orders. Additionally, Futu provides API access for automated trading, catering to algorithmic traders seeking to enhance their trading strategies.

5. Account Types and Trading Conditions

Futu offers several account types, each designed to cater to different trading preferences. The standard account requires a minimum deposit of $1,500. The trading conditions include competitive spreads and commission structures that vary based on the instruments traded.

Futu does not currently offer specialized accounts such as Islamic accounts or institutional accounts. However, it provides a demo account option for new traders to practice their skills without financial risk. The leverage offered by Futu varies across different products, with a maximum leverage of 1:2 for long positions and 1:1.67 for short positions.

The minimum trade size is generally set at one lot, and Futu has specific policies regarding overnight fees, which may apply depending on the positions held overnight.

6. Fund Management

Futu supports various deposit methods, primarily focusing on bank transfers. The minimum deposit requirement across different account types is set at $1,500. Deposits are processed within one business day, with no fees charged by Futu for deposits. However, third-party payment fees may apply depending on the payment method used.

Withdrawals from Futu accounts can be executed through bank transfers or checks, with no withdrawal fees imposed by the broker. The processing time for withdrawals typically ranges from one to three business days, depending on the method selected. Clients are advised to ensure that their withdrawal method matches the account holder's name to avoid delays.

7. Customer Support and Educational Resources

Futu provides a range of customer support channels, including email and online chat. The support team is available during business hours, although there is no live chat option for immediate assistance. The platform supports multiple languages, catering to a diverse client base.

To enhance the trading experience, Futu offers various educational resources, including webinars, tutorials, and market analysis reports. These resources are designed to help users improve their trading skills and make informed investment decisions. Additionally, Futu provides trading tools such as calculators and economic calendars to assist clients in their trading activities.

8. Regional Coverage and Restrictions

Futu primarily serves clients in Hong Kong, China, and the United States, with a focus on providing access to international markets. However, the broker has faced regulatory challenges, particularly concerning its operations in mainland China, leading to restrictions on new client accounts from that region.

The company has taken steps to comply with local regulations, including halting the onboarding of new clients from mainland China while continuing to support existing clients. Futu's services are available in several other countries, but specific restrictions may apply based on local regulations.

In conclusion, Futu is a well-established broker that offers a comprehensive range of trading services and products, supported by advanced technology and regulatory compliance. While it has faced challenges in certain markets, its commitment to providing a secure and user-friendly trading environment makes it a noteworthy option for traders seeking to access global financial markets.

Latest Reviews

薇11六1四3零2七1

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

向阳47206

向阳47206

Hong Kong

The withdrawal is yet to be received. I am told to wait by the customer service!

Exposure

2020-04-01

Wymans

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

2024-07-04

Derange

Derange

Mexico

Futu Securities has its perks, but let's keep it real. The platform did provide a ticket out of my uninspiring job, letting me chase my passions. The freedom is great, but it comes at a cost. The app's user interface is a maze, making simple tasks unnecessarily complicated. Customer service is hit or miss – sometimes helpful, other times, it feels like talking to a wall.

37130

2023-12-27

FX1390406838

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

FUTU Forex Broker has an overall rating of 7.66, Regulatory Index 6.72, License Index 6.78, Business Index 8.00, Software Index 9.20 Risk Control Index 9.79.