In global financial markets, selecting the right brokerage is one of the keys to investor success.Futu Securities, Tiger Securities and Wealth Broker are currently the three major brokerage platforms that have attracted much attention.This article will make a detailed comparison of the three securities firms in terms of company background, business scope, compliance qualifications, investment products, trading market, commission fees, security, etc. to help investors make wise choices.

company background

1. Futu Securities: Founded in 2012, it is a subsidiary of Futu Holdings, a company listed on NASDAQ in the United States.Headquartered in Hong Kong and regulated by the Hong Kong Securities and Futures Commission (SFC).Futu Securities is famous for its independently developed trading platform "Futu Niuniu" and is committed to providing investors with convenient multi-market trading services.
2. Tiger Brokers: Founded in 2014 and listed on NASDAQ in 2019.Headquartered in Beijing and has a branch in Singapore.Tiger Securities is regulated by the Monetary Authority of Singapore (MAS) and holds a capital markets service license.Its independently developed trading platform "Tiger Trade" supports multi-market and multi-product transactions.
3. Wealth Broker: Founded in 2017 and is headquartered in Singapore.As a leading one-stop digital investment and wealth management platform, Wealth Broker holds a brokerage license issued by the Australia Securities and Investments Commission (ASIC) and the New Zealand Financial Service Provider Registration (FSPR).Through its self-developed brokerage platform, the company provides diversified cross-border asset and wealth management products to individual investors around the world.

business scope

• Futu Securities: It mainly provides stock, ETF, options and other trading services in U.S. stocks, Hong Kong stocks, A-shares (Shanghai-Shenzhen Stock Connect) and other markets.In addition, it also provides value-added services such as real-time quotes, information and social investment communities.
• Tiger Securities: Its business covers U.S. stocks, Hong Kong stocks, A-shares, Australian stock markets and other markets, providing stocks, ETFs, options, futures and other trading products.At the same time, the platform integrates rich market data, information and social functions to meet the diverse needs of investors.
• Wealth Broker: Through a self-developed platform, it provides cross-border asset and wealth management products in all categories such as stocks, bonds, funds, and structured products.Its cooperative institutional clients cover commercial banks, securities companies, family offices, wealth management companies, fund management companies and other financial fields, with assets under management exceeding 10 billion.

Compliance qualification

• Futu Securities: Holds Class 1, 2, 4, and 9 licenses issued by the Hong Kong SFC to ensure its compliance operations in the Hong Kong market.
• Tiger Securities: It holds a capital market service license from Singapore MAS and licenses from multinational regulatory agencies such as FINRA in the United States, ASIC in Australia, and FSPR in New Zealand, with extensive business coverage.
• Wealth Broker: holds brokerage licenses from ASIC in Australia and FSPR in New Zealand, and is strictly regulated by the Hong Kong Securities and Futures Commission (SFC) and the Securities Investor Protection Corporation (SIPC).Customer assets are managed by third-party banks to ensure the safety of funds.

Investment products and trading markets

• Futu Securities: Support the trading of stocks, ETFs, options and other products in U.S. stocks, Hong Kong stocks, A shares (Shanghai-Shenzhen Stock Connect) and Singapore markets.
• Tiger Securities: In addition to U.S. stocks, Hong Kong stocks, and A shares, it also supports trading in stocks, ETFs, options, futures and other products in the Australian and London markets.
• Wealth Broker: provides trading services covering multiple categories of assets such as Hong Kong stocks, U.S. stocks, A shares, ETFs, derivatives, options, and new shares to meet the diversified investment needs of investors.

Opening convenience

• Futu Securities: You need to go through Hong Kong to apply for a Hong Kong card and open an account after you remove the card.
• Tiger Securities: You need to go through Hong Kong to apply for a Hong Kong card and open an account after you remove the card.
• Wealth Broker: There is no need to travel to Hong Kong, open an account online, and it takes less time.

safety

• Futu Securities: Client assets are safely managed by licensed custodians, and funds are separated from company assets to ensure the safety of funds.
• Tiger Securities: Funds are held in custody at DBS Commercial Bank (DBS), and assets are held by licensed custodians in different markets. For example, U.S. stocks are cleared and held by Interactive Brokers.
• Wealth Broker: Client assets are held by third-party banks and strictly regulated by FMA to ensure the safety of funds and independence from company assets.

Overall, Futu Securities attracts investors with its independently developed platform and zero-commission policy; Tiger Securities covers a wide market and provides diversified investment products;Wealth Broker has become an emerging and powerful competitor with its digitally intelligent one-stop service and strict regulatory guarantees.Investors should choose the most suitable brokerage platform based on their own investment needs, preferences and security considerations.