AQUMON Review: Smart Investing with Advanced Algorithms

Aqumon is the first US ETF robo-advisor (automated investment consultant) in Hong Kong. You tell them about yourself and your risk appetite, and they build an investment portfolio and do everything (buying, selling) for you. The Planto team has deep-dived into Aqumon’s pricing and account opening process to help you decide if they’re right for you.

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Background

Aqumon was incubated in HKUST and are fully licensed by the Securities and Futures Commission (SFC) for Type 1, 4 and 9. They’ve partnered with 60+ financial institutions including CMB Wing Lung Bank, ChinaAMC and BOCI so they have a strong track record as well.

How it works

The account opening process is end-to-end online and can be done either via mobile or on a computer. It can feel a bit longer than opening an account with a securities broker but, ultimately, it only took us about 10 minutes to open our account and then another day for the money to be transferred in.

Once you’ve opened your account, you answer a few questions about your risk tolerance and Aqumon will start building your portfolio. All you need to do is tell them whether you would like your portfolio to have more stocks (higher risk, higher return) or bonds (lower risk, lower return) and a new portfolio is created just for you!

AQUMON Features and Highlights

Algorithm Based on Nobel Prize-Winning Theory: Provides investment recommendations by integrating macroeconomic indicators, market data, and individual risk levels.
Low Robo-Advisor Fees: Consultation fees can be as low as 0.5%.
Fully Online Account Opening and Investment Process: Easy and convenient online setup and management.
User-Friendly Interface: Designed for ease of use, even for beginners.
Customized Investment Portfolios: Tailored to match users’ risk preferences.
Global Market Access: Invests in over 50 markets worldwide, covering 20,000 types of stocks, bonds, and alternative assets.
24/7 Portfolio Monitoring: Provides real-time alerts for portfolio adjustments.
Licensed and Secure: Holds SFC licenses 1, 4, and 9 (Central Number: BJU619), ensuring safety and reliability.

Who Should Use AQUMON?

AQUMON continuously innovates its product offerings, currently providing four types of products suitable for different investors:

Long-Term Investors or Those Without Time to Monitor Markets: Flagship Hong Kong and U.S. stock ETF portfolios (five risk types from conservative to aggressive).
Investors Who Struggle with Stock Picking: Thematic stock portfolios with an average annual return of 32.41% (suitable for growth and aggressive investors).
Short-Term Investors: Includes stock trading and 24/7 currency exchange services.
Conservative Investors Seeking Stability: Cash management portfolios that use idle funds to generate stable income.

In addition to catering to general individual investors, AQUMON offers customized investment solutions for the mass affluent, family offices, and wealth management institutions through AQUMON Bespoke. This service combines one-on-one professional investment management with leading investment technology to enhance the overall investment experience for clients.

Summary

In all, Aqumon is transparent about their performance, which (historically, at least) has been quite strong. With the new SmartStock Portfolios, they are great for people who are looking for high growth but want a completely hands-off process.

Discover the Best Investment Account Fees and offers

HK Market

US Market

Robo Advisors

Futubull

Other Fee

N/A

Avg. Trade Cost

HKD 15

Welcome Offer: Welcome Offer: Enjoy up to HK$1,800 welcome offer Register a new account on or before 30th November 2024 by using Planto exclusive promo code “PLANTO” can enjoy the below rewards: 1) Planto exclusive offer : Enter promo code “PLANTO” BEFORE account opening can enjoy HK$200 cash coupon 2) Lifetime commission-free for HK stocks and US stock LV2 real-time streaming quotation services 3) Open an account, deposit a total of HK$10,000 or above into the Futu HK account. Maintain 60 days daily average asset* of HK$10,000 or above to receive : Nvidia (NYSE:NVDA) - 0.5 share or HK$600-equivalent BTC or HK$400 supermarket e-voucher 4) Open an account, deposit a total of HK$80,000 or above into the Futu HK account. Maintain 60 days daily average asset* of HK$80,000 or above to receive : Nvidia (NYSE:NVDA) – 1 share or HK$1,000 equivalent BTC Redemption procedures : Download Futu app; Register an account and go to Activity Centre; Enter “PLANTO” in redemption centre before account opening. Detailed procedures can refer to review article All rewards can be stacked. As of the closing price on 14 Oct 2024, Nvidia (NYSE: NVDA) stock price was US$138.07/share Asset calculation method: Sum of the everyday assets/60 days; Including Cash/ Stocks/ Funds/ Options/ Futures Investment involves risks. The fund price may move up or down. Investor should thoroughly study the funds' offering documents and other related documents (including risk disclosure statements). Terms and Conditions apply

Pros & Cons

Basic Info

Transaction Fees: Commission-free for HK stocks and Cryptocurrency. HKD 15 / trade as a platform fee only. For a HKD 10,000 trade, that's: HKD 15 per transaction (excl. mandatory costs by the HK Exchange, etc.). Tiered pricing also available for people with larger number of trades (min. HKD 1 / trade)
Futu will provide users with free LV1 real-time streaming quotation services (including Hong Kong stocks, options, and futures)
Products Available:: HK, US and China stocks, ETFs and Crypto Currency. Selected funds available via Futu MoneyPlus.
Crypto Currency Trading : : support direct trade with HKD and USD without USDT exchange before trading
Margin Trading: Annual interest rate as low as 3.98% (for advanced investors)
License: Registered member of the HKEX and licensed by the SFC (Type 1, 2, 4, 5, 7, 9)

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Tiger Brokers

Other Fee

Avg. Trade Cost

HKD 0

Welcome Offer: Successfully open an account through Planto’s exclusive link then complete certain tasks from 12th October 2024 to enjoy up to HK$2,700 worth of reward: - Exclusive HK$400 supermarket vouchers from Planto after depositing HK$10,000 , plus: 1. Time-limited Commission-Free Rewards - Permanent 0 commission on Hong Kong stock trades - 0 platform fee for Hong Kong stock trades (until December 31, 2024) - 0 Commission on US Stock Options Trading (until December 31, 2024) - 0 Commission on Crypto Trading (until December 31, 2024) - 0 Platform Fees on Crypto Trading until December 31, 2024) - NYSE Arca Level 2 Deep Quote streaming for US stocks (valid until December 31, 2024) - US stock options Level 1 real-time quotes (until December 31, 2024) - 365-day A-share commission-free coupon (available if you open an account before December 31, 2024) 2. New clients account opening awards, fund more for 60 consecutive days to get more (please refer to T&Cs for detailed qualifications) - Net deposit* HK$10,000 or US$1,500 or above : to activate HK$300 stock voucher (3x HK$100 vouchers) - Net deposit* HK$100,000 or above : to activate HK$600 stock vouchers (6x HK$100 vouchers) 3. New Client Trading Rewards - Complete 5 U.S. stock purchases (excluding fractional shares) within 60 days of account opening : Activate total worth HK$300 Trading Cash Vouchers (3 x HK$100 vouchers) - Complete 10 U.S. stock purchases (excluding fractional shares) within 60 days of account opening : Activate total accumulated worth HK$600 Trading Cash Vouchers (6x HK$100 vouchers) - Complete 20 U.S. stock purchases (excluding fractional shares) within 60 days of account opening : Activate total accumulated worth HK$1,200 Trading Cash Vouchers(12x HK$100 vouchers) 4. Crypto Trading Rewards Complete 5 cryptocurrency purchases within 60 days of account opening : Activate total worth HK$500 Crypto trading vouchers (5x HK$100 vouchers) * Offers are subject to terms and conditions

Welcome Offer: On or before 30 November 2024, apply via Planto by using promo code「614701」, successfully open an account and deposit at least HK$10,000 to receive : 1) Planto exclusive HK$200 supermarket coupon 2) Extra HK$100 cash rebate 3) Life-time commission free for HK and US stock 4) APR 6% offer for deposit 5) Deposit or transfer stock of HK$10,000 for 60 days with 4 tradings : NVDA.US - 1 share 6) Deposit or transfer stock for HK$60,000 for 60 days with 4 tradings : AAPL.US - 1 share 7) Deposit or transfer stock of HK$200,000 for 60 days with 45 tradings : HK$3,000 Apple Gift Card 8) Deposit or transfer stock of HK$500,000 for 90 days with 90 tradings : an iPad Air 9) Deposit or transfer stock of HK$1,000,000 for 90 days with 90 tradings : iPhone 16 Pro Max Terms and conditions apply

Pros & Cons

Basic Info

- Transaction Fee: For US stocks, commissions of US$0.0049 per share (min. US$0.99), and platform fees of US$0.005 per share (min. US$1) - 0 commission during promotion period. - For a US$1,000 trade with 5 shares, that's about: US$2 (excl. mandatory costs by the SEC, etc.). - Product available: HK and US stocks and ETFs - Margin trading: Annual interest rate of 4.8% - License: Licensed by the SFC (Type 1, 4, 9)

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Interactive Brokers

Other Fee

Avg. Trade Cost

Welcome Offer: Earn up to 4.83% annual interest rate on positive settled cash balance for accounts with total NAV of US$100,000 or higher. (Accounts with NAV of less than US$100,000 receive interest at rates proportional to the size of the account. Interest rate if for reference only, it may change any time according to market condition)

Pros & Cons

Basic Info

- Transaction Fees: For US stocks, commission fee of US$0.005 / share to US$0.0005 / share - Product available: Stocks, options, futures, currencies, bonds from 150 exchanges in 34 regions including the U.S., Canada, Mexico, Israel, Germany, Netherlands, Japan, Hong Kong, Taiwan, Singapore and India - Margin Trading: as Low as 5.3% - Hong Kong SFC license: SFC license Type 1,2,3

Important information:

Investment involves risks. This information is intended to be educational and is not tailored to the investment needs of any specific investor. This information does not constitute investment advice and should not be used as the basis for any investment decision nor should it be treated as a recommendation for any investment or action. Past performance is no guarantee of future results. The value of investments and the income from them can go down as well as up, so you may not get back what you invest.