Trading of Hong Kong stocks, US stocks, and new shares
Futu MoneyPlus Fund
Stock quote, analysis, practical information
Discover the Best Investment Account Fees and offers
Futu Securities Fees & Features
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)
See more
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Tiger Brokers
Other Fee
0
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
Pros & Cons
Basic Info
$0 trading for both Hong Kong and US stock by applying during the promotion period
Invest Hong Kong stock, US stock, US fractional shares, ETF, stock options and Cryptocurrency. The platform also supports margin trading with APR as low as 2.88%
License: Registered member of the HKEX and licensed by the SFC (Type 1, 2, 4, 5)
Longbridge
Other Fee
0
Avg. Trade Cost
HK$0
Welcome Offer: On or before 31 October 2024, apply via Planto by using promo code「614701」, successfully open an account and deposit 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 HK$10,000 for 60 days with 4 tradings : NVDA.US - 1 share OR deposit HK$60,000 for 60 days with 4 tradings : AAPL.US - 1 share
New customers who transfer the stock to LongBridge and meet designated requirement can get either 1) AirPods 4 ; or 2) an iPad mini 6 ; or 3) 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)
See more
See more
Interactive Brokers
Other Fee
0
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
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Futu Securities, which was invested into by the Internet giant Tencent (0700.HK), is one of the most popular investment brokerages in Hong Kong with more than 600,000 users for its mobile app “Futu Niuniu”. The main advantages include cheaper transaction fees, a simple-to-use app, easy to trade Hong Kong stocks, US stocks and rich market research capabilities.
To help you more, we went through the account opening process and the user experience of buying and selling stocks and money market funds!
Once you’ve done this, you can actually just switch to the Futu app and login with your phone number and continue the account opening process there. The steps include:
Login to your account (via phone number)
Prepare your HKID card and address proof (screenshots or pictures of the card or proof is fine!)
Fill in some simple information such as name, date of birth, employment status, etc. Buying U.S. stocks involves U.S. taxation, so you must declare whether you are a U.S. citizen
For identity verification, you can choose from three methods: online account opening, in-person appointment, or by submitting a cheque
and that’s it! The Planto team tested two account opening methods – doing it completely online and by making an appointment. Either way works and you can have your account open and ready to invest within 1-2 days.
This is the easiest way to open a Futu account. Fill out the information online and select “Open an account online”, use your mobile phone or computer to upload your ID card and address proof photo, then bind your bank account and deposit HK $ 10,000 to the Futu account shown on the screen. The sooner you do this, the quicker you can start investing!
Make an appointment to verify your identity
After filling in the information online and choosing “Make an appointment”, you can choose to meet with Futu staff and present your identification documents on the spot. Users can choose the time and place for the meeting. The Planto team submitted an online application on November 6 and successfully made an appointment to verify their identity at the Hong Kong MTR Station two days later.
Although it is “offline” account opening, in practice, the Futu staff only uses an iPad to take pictures and upload documents for applicants, which is almost the same as online account opening. The main benefit of meeting and opening an account is that you can open an account without having to deposit the HK$ 10,000 immediately when you open an account.
Trading of Hong Kong stocks, US stocks, and new shares
Futu has iPhone, Android, Windows and Mac versions of the app, which can be used to invest in Hong Kong stocks, US stocks and A shares. The buying and selling procedures are similar to those of the bank’s system. Select the stock, number of shares you want to buy, and order instructions and then you just wait for the order to be executed!
(Fun fact: Futu’s trading system claims to complete Hong Kong stock trading orders in 0.0037 seconds – although this probably won’t matter for most investors)
If you invest in US stocks, you can deposit US dollars into your account or exchange it via the Futu app directly. If investing in A shares, you’ll need to have RMB in the Futu A-share account. In addition, you can also subscribe to IPO stocks in HK and US although this would not be advisable for beginner investors!
Futu MoneyPlus Fund
Futu MoneyPlus includes money market funds, stock funds and bond funds. The money market funds are particularly interesting: while you’re waiting to invest (whether it’s for research or waiting for the right time), you can put your idle funds in the money market funds and get an annualized return of nearly 2%, withdrawable at any time. Due to the low risk and stable returns of the money fund, you could almost consider it as a high-interest savings account.
Bond funds are low to medium risk, with greater volatility than money market funds, but also higher returns. As for equity funds, the potential risks and returns are both higher.
Stock quote, analysis, practical information
Another selling point of the Futu Niuniu app is that it can provide very rich market information, including real-time quotes, valuation trends, corporate financial analysis and forecast, financial news reports, stock market basics and other information about Hong Kong and US stocks. There’s also a community where you can discuss ideas with other fellow-minded investors!
Having said that, most of the research information is displayed in Simplified Chinese – if you can’t read Chinese, then it may not be that useful for you!
Luckily, this doesn’t impact the actual experience of buying and selling securities so if you’re looking for a low-cost broker, Futu can be a great choice (whether you speak Chinese or not)!.
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)
Read full review
See more
See more
Tiger Brokers
Other Fee
0
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
Pros & Cons
Basic Info
$0 trading for both Hong Kong and US stock by applying during the promotion period
Invest Hong Kong stock, US stock, US fractional shares, ETF, stock options and Cryptocurrency. The platform also supports margin trading with APR as low as 2.88%
License: Registered member of the HKEX and licensed by the SFC (Type 1, 2, 4, 5)
Longbridge
Other Fee
0
Avg. Trade Cost
HK$0
Welcome Offer: On or before 31 October 2024, apply via Planto by using promo code「614701」, successfully open an account and deposit 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 HK$10,000 for 60 days with 4 tradings : NVDA.US - 1 share OR deposit HK$60,000 for 60 days with 4 tradings : AAPL.US - 1 share
New customers who transfer the stock to LongBridge and meet designated requirement can get either 1) AirPods 4 ; or 2) an iPad mini 6 ; or 3) 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)
Read full review
See more
See more
Interactive Brokers
Other Fee
0
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
See more
See more
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.
#Investing 101
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